company background image
CIDA logo

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

Last Price

€2.16

Market Cap

€5.2b

7D

0%

1Y

24.1%

Updated

22 Mar, 2024

Data

Company Financials +

Companhia Energética de Minas Gerais - CEMIG

DB:CIDA Stock Report

Market Cap: €5.2b

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$2.16
52 Week HighR$2.60
52 Week LowR$1.74
Beta0.78
1 Month Change0.93%
3 Month Change4.85%
1 Year Change24.14%
3 Year Change72.03%
5 Year Change5.15%
Change since IPO84,275.00%

Recent News & Updates

Recent updates

Shareholder Returns

CIDADE Electric UtilitiesDE Market
7D0%1.8%1.4%
1Y24.1%-4.7%7.5%

Return vs Industry: CIDA exceeded the German Electric Utilities industry which returned -7.6% over the past year.

Return vs Market: CIDA exceeded the German Market which returned 5.5% over the past year.

Price Volatility

Is CIDA's price volatile compared to industry and market?
CIDA volatility
CIDA Average Weekly Movement14.2%
Electric Utilities Industry Average Movement3.5%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.2%
10% least volatile stocks in DE Market2.4%

Stable Share Price: CIDA has not had significant price volatility in the past 3 months.

Volatility Over Time: CIDA's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
19524,969Reynaldo Filhohttps://www.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, 2022, the company operated 69 hydroelectric, wind, and solar plants with an installed capacity of 5,519 MW; 351,163 miles of distribution lines; and 4,580 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; 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?
CIDA fundamental statistics
Market cap€5.16b
Earnings (TTM)€978.32m
Revenue (TTM)€6.78b

5.1x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIDA income statement (TTM)
RevenueR$36.65b
Cost of RevenueR$29.89b
Gross ProfitR$6.76b
Other ExpensesR$1.47b
EarningsR$5.28b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)2.40
Gross Margin18.44%
Net Profit Margin14.42%
Debt/Equity Ratio49.5%

How did CIDA perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

42%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.