CIG 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 | 4/6 |
Rewards
Risk Analysis
Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$2.47 |
| 52 Week High | R$2.75 |
| 52 Week Low | R$2.11 |
| Beta | 0.78 |
| 1 Month Change | 2.07% |
| 3 Month Change | 7.39% |
| 1 Year Change | 1.23% |
| 3 Year Change | 49.17% |
| 5 Year Change | 0.74% |
| Change since IPO | 217.64% |
Recent News & Updates
CEMIG: Remote Chance Of Federalization Opens Up A Great Buying Point
Mar 26Cemig: A DCF Evaluation With Limited Upside Pre-Privatization
Oct 10Cemig: Neutral Outlook Amidst Privatization Uncertainties
Jul 13Companhia Energética de Minas Gerais: Interesting Energy Play To Watch
Sep 12Recent updates
CEMIG: Remote Chance Of Federalization Opens Up A Great Buying Point
Mar 26Cemig: A DCF Evaluation With Limited Upside Pre-Privatization
Oct 10Cemig: Neutral Outlook Amidst Privatization Uncertainties
Jul 13Companhia Energética de Minas Gerais: Interesting Energy Play To Watch
Sep 12Companhia Energética de Minas Gerais revenue of R$8.21B
Aug 15Companhia Energetica: Strong Return On Capital Performer
Jul 28Companhia Energetica: Low Priced Stock Brings Opportunity
Jan 01Companhia Energética de Minas Gerais 2020 Q3 - Results - Earnings Call Presentation
Nov 17Shareholder Returns
| CIG | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | 2.9% | 1.9% | -3.2% |
| 1Y | 1.2% | -4.7% | 19.3% |
Return vs Industry: CIG exceeded the US Electric Utilities industry which returned -4.7% over the past year.
Return vs Market: CIG underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| CIG volatility | |
|---|---|
| CIG Average Weekly Movement | 3.8% |
| Electric Utilities Industry Average Movement | 3.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CIG has not had significant price volatility in the past 3 months.
Volatility Over Time: CIG'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
| CIG fundamental statistics | |
|---|---|
| Market cap | US$5.84b |
| Earnings (TTM) | US$1.12b |
| Revenue (TTM) | US$7.15b |
5.0x
P/E Ratio0.8x
P/S RatioIs CIG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIG 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 CIG perform over the long term?
See historical performance and comparison