XCMIG Stock Overview
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$2.42 |
| 52 Week High | R$2.52 |
| 52 Week Low | R$1.94 |
| Beta | 0.78 |
| 1 Month Change | 10.00% |
| 3 Month Change | 6.14% |
| 1 Year Change | 8.04% |
| 3 Year Change | 83.65% |
| 5 Year Change | 15.57% |
| Change since IPO | 186.42% |
Recent News & Updates
Recent updates
Shareholder Returns
| XCMIG | ES Electric Utilities | ES Market | |
|---|---|---|---|
| 7D | 0.8% | -2.4% | -3.6% |
| 1Y | 8.0% | -10.0% | 11.3% |
Return vs Industry: XCMIG exceeded the Spanish Electric Utilities industry which returned -10% over the past year.
Return vs Market: XCMIG underperformed the Spanish Market which returned 11.3% over the past year.
Price Volatility
| XCMIG volatility | |
|---|---|
| XCMIG Average Weekly Movement | 4.2% |
| Electric Utilities Industry Average Movement | 3.4% |
| Market Average Movement | 3.3% |
| 10% most volatile stocks in ES Market | 6.5% |
| 10% least volatile stocks in ES Market | 0.9% |
Stable Share Price: XCMIG has not had significant price volatility in the past 3 months.
Volatility Over Time: XCMIG's weekly volatility (4%) has been stable 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, 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
| XCMIG fundamental statistics | |
|---|---|
| Market cap | €5.57b |
| Earnings (TTM) | €1.06b |
| Revenue (TTM) | €6.76b |
4.9x
P/E Ratio0.8x
P/S RatioIs XCMIG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| XCMIG income statement (TTM) | |
|---|---|
| Revenue | R$36.85b |
| Cost of Revenue | R$30.03b |
| Gross Profit | R$6.82b |
| Other Expenses | R$1.06b |
| Earnings | R$5.76b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 14, 2024
| Earnings per share (EPS) | 2.62 |
| Gross Margin | 18.52% |
| Net Profit Margin | 15.64% |
| Debt/Equity Ratio | 39.9% |
How did XCMIG perform over the long term?
See historical performance and comparisonDividends
11.1%
Current Dividend Yield54%
Payout RatioDoes XCMIG pay a reliable dividends?
See XCMIG dividend history and benchmarks| Companhia Energética de Minas Gerais - CEMIG dividend dates | |
|---|---|
| Ex Dividend Date | Apr 30 2024 |
| Dividend Pay Date | Dec 30 2024 |
| Days until Ex dividend | 17 days |
| Days until Dividend pay date | 261 days |
Does XCMIG pay a reliable dividends?
See XCMIG dividend history and benchmarks