Companhia Energética de Minas Gerais - CEMIG
NYQ: CIGLive Quote
About Companhia Energética de Minas Gerais - CEMIG
Utilities
Utilities - Diversified
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, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 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; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
📊 Fundamental Analysis
Companhia Energética de Minas Gerais - CEMIG demonstrates a healthy profit margin of 11.5%.
The company recently reported 2.9% revenue growth, which is modest compared to its industry peers.
Return on Equity (ROE) is 17.5%, which exceeds the Utilities sector average, reflecting efficient capital allocation.
At a current price of $2.73, CIG currently trades near the top of its 52-week range (100%) (Range: $1.69 - $2.73).
💰 Valuation Insight
CIG trades at a 51.3% discount (PE: 8.27), which may represent a value opportunity given the sector average of 17.00. Analysts anticipate some earnings pressure, with a higher forward PE.
🏥 Financial Health
⚠️
Profit Margin
Moderate
✅
Debt/Equity
Excellent
🔴
Revenue Growth
Weak
✅
Return on Equity
Excellent
✅
Beta (Risk)
Low Volatility
Key Financials
Market Cap
$35.55B
Trailing P/E
8.27
Forward P/E
18.20
Beta (5Y)
0.24
52W High
$2.73
52W Low
$1.69
Avg Volume
6.45M
Day High
Day Low
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