company background image
XCMIG logo

Companhia Energética de Minas Gerais - CEMIG BME:XCMIG Stock Report

Last Price

€1.85

Market Cap

€5.6b

7D

-5.6%

1Y

5.5%

Updated

12 May, 2024

Data

Company Financials +

Companhia Energética de Minas Gerais - CEMIG

BME:XCMIG Stock Report

Market Cap: €5.6b

XCMIG Stock Overview

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.

XCMIG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends4/6

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$2.48
52 Week LowR$1.49
Beta0.78
1 Month Change-0.62%
3 Month Change13.44%
1 Year Change5.48%
3 Year Change65.42%
5 Year Change28.70%
Change since IPO184.65%

Recent News & Updates

Recent updates

Shareholder Returns

XCMIGES Electric UtilitiesES Market
7D-5.6%5.2%2.2%
1Y5.5%-2.3%17.0%

Return vs Industry: XCMIG exceeded the Spanish Electric Utilities industry which returned -2.3% over the past year.

Return vs Market: XCMIG underperformed the Spanish Market which returned 17% over the past year.

Price Volatility

Is XCMIG's price volatile compared to industry and market?
XCMIG volatility
XCMIG Average Weekly Movement4.9%
Electric Utilities Industry Average Movement3.3%
Market Average Movement3.4%
10% most volatile stocks in ES Market6.9%
10% least volatile stocks in ES Market1.2%

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

Volatility Over Time: XCMIG's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Spanish stocks.

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, 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?
XCMIG fundamental statistics
Market cap€5.56b
Earnings (TTM)€1.04b
Revenue (TTM)€6.63b

5.0x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XCMIG income statement (TTM)
RevenueR$36.85b
Cost of RevenueR$30.03b
Gross ProfitR$6.82b
Other ExpensesR$1.06b
EarningsR$5.76b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)2.02
Gross Margin18.52%
Net Profit Margin15.64%
Debt/Equity Ratio39.9%

How did XCMIG perform over the long term?

See historical performance and comparison

Dividends

10.8%

Current Dividend Yield

54%

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.