Companhia Energética de Minas Gerais - CEMIG Future Growth

Future criteria checks 0/6

Companhia Energética de Minas Gerais - CEMIG's earnings are forecast to decline at 28.6% per annum while its annual revenue is expected to grow at 1.7% per year. EPS is expected to decline by 29.1% per annum. Return on equity is forecast to be 14.9% in 3 years.

Key information

-28.6%

Earnings growth rate

-29.1%

EPS growth rate

Electric Utilities earnings growth	1.8%
Revenue growth rate	1.7%
Future return on equity	14.9%
Analyst coverage	Good
Last updated	14 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BMV:CIG N - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	39,714	4,120	779	6,328	6
12/31/2025	37,710	4,217	673	6,086	8
12/31/2024	35,676	5,629	2,573	7,410	9
9/30/2024	38,599	8,005	1,270	6,558	N/A
6/30/2024	37,877	5,962	1,491	6,824	N/A
3/31/2024	37,261	5,519	2,113	7,329	N/A
12/31/2023	36,850	5,764	1,702	6,644	N/A
9/30/2023	36,646	5,285	1,169	5,697	N/A
6/30/2023	36,443	5,230	2,134	6,281	N/A
3/31/2023	35,262	4,035	2,801	6,522	N/A
12/31/2022	34,463	4,092	3,139	6,544	N/A
9/30/2022	34,366	3,649	3,194	6,194	N/A
6/30/2022	34,668	2,888	1,367	3,764	N/A
3/31/2022	34,383	4,784	1,772	3,895	N/A
12/31/2021	33,646	3,751	1,652	3,683	N/A
9/30/2021	31,254	4,061	3,035	4,836	N/A
6/30/2021	28,150	4,219	5,637	7,325	N/A
3/31/2021	26,296	3,355	5,279	6,899	N/A
12/31/2020	25,228	2,864	7,072	8,609	N/A
9/30/2020	24,450	2,156	6,286	7,721	N/A
6/30/2020	24,099	1,071	2,977	5,160	N/A
3/31/2020	25,616	2,104	1,862	3,896	N/A
12/31/2019	25,487	2,970	110	2,037	N/A
9/30/2019	24,473	3,121	-454	1,381	N/A
6/30/2019	24,654	3,857	1,214	2,100	N/A
3/31/2019	23,244	1,710	1,141	1,997	N/A
12/31/2018	22,266	1,378	130	1,008	N/A
9/30/2018	23,352	1,266	-1,613	-787	N/A
6/30/2018	22,236	952	N/A	-1,196	N/A
3/31/2018	21,834	1,123	N/A	-322	N/A
12/31/2017	21,712	1,001	N/A	580	N/A
9/30/2017	19,820	91	N/A	3,128	N/A
6/30/2017	19,579	608	N/A	2,867	N/A
3/31/2017	19,132	672	N/A	2,589	N/A
12/31/2016	18,773	334	N/A	1,213	N/A
9/30/2016	19,666	924	N/A	847	N/A
6/30/2016	19,644	657	N/A	2,150	N/A
3/31/2016	20,472	989	N/A	1,827	N/A
12/31/2015	21,868	2,469	N/A	3,007	N/A
9/30/2015	22,639	3,302	N/A	2,874	N/A
6/30/2015	21,564	3,164	N/A	2,521	N/A
3/31/2015	20,679	3,371	N/A	3,448	N/A
12/31/2014	19,540	3,137	N/A	3,734	N/A
9/30/2014	17,173	2,852	N/A	4,110	N/A
6/30/2014	16,922	3,612	N/A	3,759	N/A
3/31/2014	15,660	3,489	N/A	3,759	N/A
12/31/2013	14,627	3,104	N/A	3,515	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIG N's earnings are forecast to decline over the next 3 years (-28.6% per year).

Earnings vs Market: CIG N's earnings are forecast to decline over the next 3 years (-28.6% per year).

High Growth Earnings: CIG N's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CIG N's revenue (1.7% per year) is forecast to grow slower than the MX market (7.2% per year).

High Growth Revenue: CIG N's revenue (1.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CIG N's Return on Equity is forecast to be low in 3 years time (14.9%).