CIDS Stock Overview
Through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
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Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$2.14 |
| 52 Week High | R$2.30 |
| 52 Week Low | R$1.62 |
| Beta | 0.84 |
| 1 Month Change | 0% |
| 3 Month Change | 1.90% |
| 1 Year Change | 7.00% |
| 3 Year Change | 25.58% |
| 5 Year Change | n/a |
| Change since IPO | 63.12% |
Recent News & Updates
Recent updates
Shareholder Returns
| CIDS | DE Electric Utilities | DE Market | |
|---|---|---|---|
| 7D | 0% | 0.3% | -0.6% |
| 1Y | 7.0% | 12.2% | 14.8% |
Return vs Industry: CIDS underperformed the German Electric Utilities industry which returned 11.6% over the past year.
Return vs Market: CIDS underperformed the German Market which returned 15% over the past year.
Price Volatility
| CIDS volatility | |
|---|---|
| CIDS Average Weekly Movement | n/a |
| Electric Utilities Industry Average Movement | 3.5% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.5% |
| 10% least volatile stocks in DE Market | 2.6% |
Stable Share Price: CIDS's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: Insufficient data to determine CIDS's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1952 | 4,918 | Reynaldo Filho | 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, 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
| CIDS fundamental statistics | |
|---|---|
| Market cap | €5.91b |
| Earnings (TTM) | €1.33b |
| Revenue (TTM) | €6.44b |
3.9x
P/E Ratio0.8x
P/S RatioIs CIDS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIDS income statement (TTM) | |
|---|---|
| Revenue | R$38.60b |
| Cost of Revenue | R$31.89b |
| Gross Profit | R$6.71b |
| Other Expenses | -R$1.29b |
| Earnings | R$8.01b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
May 08, 2025
| Earnings per share (EPS) | 2.80 |
| Gross Margin | 17.39% |
| Net Profit Margin | 20.74% |
| Debt/Equity Ratio | 50.4% |
How did CIDS perform over the long term?
See historical performance and comparisonDividends
9.9%
Current Dividend Yield39%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/11 02:56 |
| End of Day Share Price | 2024/11/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Companhia Energética de Minas Gerais - CEMIG is covered by 29 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexandre Ulm de Freitas | Agora Senior |
| Felipe Mattar | Barclays |
| Arthur Pereira | BofA Global Research |