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

Last Price

€1.72

Market Cap

€5.5b

7D

-2.3%

1Y

-1.9%

Updated

10 Jan, 2025

Data

Company Financials +

Companhia Energética de Minas Gerais - CEMIG

BME:XCMIG Stock Report

Market Cap: €5.5b

My Notes

Capture your thoughts, links and company narrative

Companhia Energética de Minas Gerais - CEMIG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Companhia Energética de Minas Gerais - CEMIG
Historical stock prices
Current Share PriceR$1.72
52 Week HighR$2.48
52 Week LowR$1.62
Beta0.81
1 Month Change-6.01%
3 Month Change-3.37%
1 Year Change-1.93%
3 Year Change43.90%
5 Year Change1.64%
Change since IPO164.65%

Recent News & Updates

Recent updates

Shareholder Returns

XCMIGES Electric UtilitiesES Market
7D-2.3%-2.7%0.2%
1Y-1.9%-3.3%13.4%

Return vs Industry: XCMIG underperformed the Spanish Electric Utilities industry which returned -0.8% over the past year.

Return vs Market: XCMIG underperformed the Spanish Market which returned 16.3% over the past year.

Price Volatility

Is XCMIG's price volatile compared to industry and market?
XCMIG volatility
XCMIG Average Weekly Movement4.8%
Electric Utilities Industry Average Movement3.8%
Market Average Movement3.3%
10% most volatile stocks in ES Market6.3%
10% least volatile stocks in ES Market0.7%

Stable Share Price: XCMIG's share price has been volatile over the past 3 months compared to the Spanish market.

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, 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?
XCMIG fundamental statistics
Market cap€5.47b
Earnings (TTM)€1.28b
Revenue (TTM)€6.17b

3.8x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XCMIG 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

May 08, 2025

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

How did XCMIG perform over the long term?

See historical performance and comparison

Dividends

10.2%

Current Dividend Yield

39%

Payout Ratio

Does XCMIG pay a reliable dividends?

See XCMIG dividend history and benchmarks
When do you need to buy XCMIG by to receive an upcoming dividend?
Companhia Energética de Minas Gerais - CEMIG dividend dates
Ex Dividend DateMar 27 2024
Dividend Pay DateJun 30 2025
Days until Ex dividend290 days
Days until Dividend pay date170 days

Does XCMIG pay a reliable dividends?

See XCMIG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 07:16
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Companhia Energética de Minas Gerais - CEMIG is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexandre Ulm de FreitasAgora Senior
Felipe MattarBarclays
Arthur PereiraBofA Global Research