CIG Stock Overview
Through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
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Companhia Energética de Minas Gerais - CEMIG Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$1.89 |
| 52 Week High | R$2.19 |
| 52 Week Low | R$1.68 |
| Beta | 0.81 |
| 1 Month Change | -5.03% |
| 3 Month Change | -8.25% |
| 1 Year Change | 9.20% |
| 3 Year Change | 34.77% |
| 5 Year Change | 8.10% |
| Change since IPO | 215.97% |
Recent News & Updates
Cemig: A Solid Pick For Dividends In Brazil
Sep 04CEMIG Q1: Lukewarm Results And Few Updates Regarding Risks
May 24CEMIG: Remote Chance Of Federalization Opens Up A Great Buying Point
Mar 26Cemig: A DCF Evaluation With Limited Upside Pre-Privatization
Oct 10Recent updates
Cemig: A Solid Pick For Dividends In Brazil
Sep 04CEMIG Q1: Lukewarm Results And Few Updates Regarding Risks
May 24CEMIG: 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 | 2.2% | -0.8% | -2.7% |
| 1Y | 9.2% | 20.7% | 23.4% |
Return vs Industry: CIG underperformed the US Electric Utilities industry which returned 20.7% over the past year.
Return vs Market: CIG underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| CIG volatility | |
|---|---|
| CIG Average Weekly Movement | 4.8% |
| Electric Utilities Industry Average Movement | 2.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CIG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CIG's weekly volatility (5%) 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, 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
| CIG fundamental statistics | |
|---|---|
| Market cap | US$5.95b |
| Earnings (TTM) | US$1.32b |
| Revenue (TTM) | US$6.34b |
4.1x
P/E Ratio0.9x
P/S RatioIs CIG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIG income statement (TTM) | |
|---|---|
| Revenue | R$38.60b |
| Cost of Revenue | R$31.89b |
| Gross Profit | R$6.71b |
| Other Expenses | -R$1.29b |
| Earnings | R$8.01b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
May 08, 2025
| Earnings per share (EPS) | 2.80 |
| Gross Margin | 17.39% |
| Net Profit Margin | 20.74% |
| Debt/Equity Ratio | 50.4% |
How did CIG perform over the long term?
See historical performance and comparisonDividends
9.5%
Current Dividend Yield39%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| Alexandre Ulm de Freitas | Agora Senior |
| Felipe Mattar | Barclays |
| Arthur Pereira | BofA Global Research |