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Companhia Energética de Minas Gerais - CEMIG DB:CID Stock Report

Last Price

€1.85

Market Cap

€5.9b

7D

0%

1Y

24.6%

Updated

25 Nov, 2024

Data

Company Financials +

Companhia Energética de Minas Gerais - CEMIG

DB:CID Stock Report

Market Cap: €5.9b

Companhia Energética de Minas Gerais - CEMIG Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Companhia Energética de Minas Gerais - CEMIG
Historical stock prices
Current Share PriceR$1.85
52 Week HighR$1.95
52 Week LowR$1.48
Beta0.82
11 Month Change3.35%
3 Month Change1.09%
1 Year Change24.61%
33 Year Change53.26%
5 Year Change34.42%
Change since IPO-47.41%

Recent News & Updates

Recent updates

Shareholder Returns

CIDDE Electric UtilitiesDE Market
7D0%1.5%0.8%
1Y24.6%2.5%9.1%

Return vs Industry: CID exceeded the German Electric Utilities industry which returned 2.3% over the past year.

Return vs Market: CID exceeded the German Market which returned 8.5% over the past year.

Price Volatility

Is CID's price volatile compared to industry and market?
CID volatility
CID Average Weekly Movement4.0%
Electric Utilities Industry Average Movement3.3%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market2.4%

Stable Share Price: CID has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: CID's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19524,918Reynaldo Filhowww.cemig.com.br

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities.

Companhia Energética de Minas Gerais - CEMIG Fundamentals Summary

How do Companhia Energética de Minas Gerais - CEMIG's earnings and revenue compare to its market cap?
CID fundamental statistics
Market cap€5.94b
Earnings (TTM)€1.31b
Revenue (TTM)€6.33b

4.2x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CID income statement (TTM)
RevenueR$38.60b
Cost of RevenueR$31.89b
Gross ProfitR$6.71b
Other Expenses-R$1.29b
EarningsR$8.01b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.80
Gross Margin17.39%
Net Profit Margin20.74%
Debt/Equity Ratio50.4%

How did CID perform over the long term?

See historical performance and comparison

Dividends

9.3%

Current Dividend Yield

39%

Payout Ratio