Companhia Energética de Minas Gerais

CIG

CIGCompanhia Energética de Minas Gerais US flag

New York Stock Exchange

1.88

USD

+0.01

(+0.27%)

0.45EPS

4.17P/E

6.05BMarket Cap

Aug 11Next Earn

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CIK

0001157557

ISIN

US2044096012

CUSIP

204409601

Return %

Stock

S&P500

-4.82

10.59

25.00

63.55

72.02

94.73

Use logarithmic scale

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	5.73	5.76	7.94	8.61	7.39	7.59	7.79	8.9	8.81	11.76	12.05	12.88	13.92	14.3
Basic EPS, GAAP	1.73	1.22	1.27	0.97	0.13	0.35	0.6	1.12	1	1.31	1.43	2.01	2.49	2.45
Free Cash Flow per Basic Share	0.59	1	1.14	0.76	0.03	-0.19	0.05	0.36	2.94	1.21	2.19	1.88	1.6	0.51
Dividend per Share	0.71	1.81	1.59	0.31	0.27	0.19	0.18	0.24	0.21	0.49	0.73	0.64	1.5	1.5
Book Value per Share	2.88	3.99	3.6	4.31	2.48	2.2	2.6	2.62	2.65	2.96	3.85	3.85	5	5.18
Tangible Book Value per Share	3.92	4.19	3.2	1.07	0.83	1.11	1.86	1.56	1.98	2.28	2.5	3.29	3.7	3.79
Basic Weighted Avg Shares	2,469	2,540	2,468	2,540	2,540	2,861	2,861	2,864	2,864	2,861	2,861	2,861	2,861	2,861
Sales/Revenue/Turnover	14,137	14,627	19,595	21,868	18,773	21,712	22,299	25,486	25,228	33,646	34,463	36,850	39,820	40,921
Operating Margin (%)	18.17	23.77	26.07	15.99	14.81	13.33	12.91	11.82	16.62	16.89	10.2	16.86	18.81	17.88
Depreciation Expense	763	824	801	835	834	850	850	958	989	1,049	1,182	1,274	1,376	1,411
Net Income, GAAP	4,272	3,104	3,137	2,469	334	1,001	1,722	3,194	2,864	3,751	4,092	5,764	7,117	7,003
Effective Tax Rate (%)	16.3	23.43	29.96	26.56	8.99	39.13	30.33	34.99	24.63	20.13	0.63	15.82	23.93	22.77
Profit Margin (%)	30.22	21.22	16.01	11.29	1.78	4.61	7.72	12.53	11.35	11.15	11.87	15.64	17.87	17.11
Working Capital	-3,994	747	-3,569	-3,697	-3,161	-126	4,529	2,389	5,766	2,261	2,262	-1,224	-1,914	869
LT Debt	3,950	7,219	8,218	8,867	10,342	12,027	12,574	12,233	13,140	10,081	9,923	7,555	9,753	12,944
Total Equity	11,550	12,638	11,285	12,988	12,934	14,330	16,084	16,103	17,478	19,462	21,784	24,656	27,382	27,921
Return on Invested Capital (%)	8.48	11.79	14.9	9.46	8.75	6.02	6.58	6.2	9.65	13.69	10.35	14.62	14.61	13.64
Return on Capital (%)	25.13	19.99	18.38	14.76	9.17	9.36	11.86	17.56	17.28	21.81	23.88	30.66	32.64	28.6
Return on Common Equity (%)	61.8	35.98	32.98	24.88	3.87	15.9	25.08	42.74	37.93	46.71	42.03	52.37	56.23	52.67

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	7.99%	9.96%	8.06%
Net Income, GAAP	34.35%	18.81%	23.47%
Free Cash Flow	30.63%	141.77%	-14.96%
Total Cash Common Dividend	20.97%	58.52%	135.55%
Total Equity	9.39%	11.21%	11.06%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Reynaldo Passanezi Filho
Full Time Employees: 5,028
Sector: Utilities
Industry: Diversified Utilities
Address: Avenida Barbacena, 1200 Belo Horizonte MG Brazil 30190-131
IPO Date: Nov 18, 1996
CIK: 0001157557
Website: cemig.com.br
Similar Companies: ATCO Ltd. (ACLTF)
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Companhia Energética de Minas Gerais (CMIG4.SA)
China Suntien Green Energy Corporation Limited (0956.HK)
Business: Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 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. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Company News

zacks.com
9 days ago
Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now?
zacks.com
15 days ago
Are Utilities Stocks Lagging Comp En De Mn Cemig (CIG) This Year?
zacks.com
a month ago
Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?
zacks.com
a month ago
Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?
seekingalpha.com
2 months ago
Companhia Energética de Minas Gerais - CEMIG (CIG) Q1 2025 Earnings Call Transcript
seekingalpha.com
2 months ago
Stock Picks From Seeking Alpha's April 2025 New Analysts
prnewswire.com
3 months ago
Cemig Files 2024 Form 20-F
seekingalpha.com
3 months ago
Shaky Grounds: Core Market Erosion Complicates Cemig's Future
seekingalpha.com
4 months ago
Companhia Energética de Minas Gerais - CEMIG (CIG) Q4 2024 Earnings Call Transcript
seekingalpha.com
5 months ago
Global Industrial Company (GIC) Q4 2024 Earnings Conference Call Transcript
seekingalpha.com
5 months ago
MoneyShow's Best Investment Ideas For 2025: Part 10
businesswire.com
6 months ago
CIG USA Has Filed Petitions for IPR Against AOI Patents in Legal Dispute
https://thefly.com
6 months ago
Cemig downgraded to Hold from Buy at HSBC
seekingalpha.com
8 months ago
Companhia Energetica de Minas Gerais - CEMIG (CIG) Q3 2024 Earnings Call Transcript
zacks.com
9 months ago
Is Comp En De Mn Cemig (CIG) Stock Undervalued Right Now?
zacks.com
10 months ago
Is Comp En De Mn Cemig (CIG) Stock Outpacing Its Utilities Peers This Year?
zacks.com
10 months ago
Why Fast-paced Mover Cemig (CIG) Is a Great Choice for Value Investors
zacks.com
10 months ago
Should Value Investors Buy Comp En De Mn Cemig (CIG) Stock?
zacks.com
10 months ago
Is Comp En De Mn Cemig (CIG) Outperforming Other Utilities Stocks This Year?
zacks.com
10 months ago
Are Investors Undervaluing Comp En De Mn Cemig (CIG) Right Now?

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	5.73	5.76	7.94	8.61	7.39	7.59	7.79	8.9	8.81	11.76	12.05	12.88	13.92	14.3
Basic EPS, GAAP	1.73	1.22	1.27	0.97	0.13	0.35	0.6	1.12	1	1.31	1.43	2.01	2.49	2.45
Free Cash Flow per Basic Share	0.59	1	1.14	0.76	0.03	-0.19	0.05	0.36	2.94	1.21	2.19	1.88	1.6	0.51
Dividend per Share	0.71	1.81	1.59	0.31	0.27	0.19	0.18	0.24	0.21	0.49	0.73	0.64	1.5	1.5
Book Value per Share	2.88	3.99	3.6	4.31	2.48	2.2	2.6	2.62	2.65	2.96	3.85	3.85	5	5.18
Tangible Book Value per Share	3.92	4.19	3.2	1.07	0.83	1.11	1.86	1.56	1.98	2.28	2.5	3.29	3.7	3.79
Basic Weighted Avg Shares	2,469	2,540	2,468	2,540	2,540	2,861	2,861	2,864	2,864	2,861	2,861	2,861	2,861	2,861
Sales/Revenue/Turnover	14,137	14,627	19,595	21,868	18,773	21,712	22,299	25,486	25,228	33,646	34,463	36,850	39,820	40,921
Operating Margin (%)	18.17	23.77	26.07	15.99	14.81	13.33	12.91	11.82	16.62	16.89	10.2	16.86	18.81	17.88
Depreciation Expense	763	824	801	835	834	850	850	958	989	1,049	1,182	1,274	1,376	1,411
Net Income, GAAP	4,272	3,104	3,137	2,469	334	1,001	1,722	3,194	2,864	3,751	4,092	5,764	7,117	7,003
Effective Tax Rate (%)	16.3	23.43	29.96	26.56	8.99	39.13	30.33	34.99	24.63	20.13	0.63	15.82	23.93	22.77
Profit Margin (%)	30.22	21.22	16.01	11.29	1.78	4.61	7.72	12.53	11.35	11.15	11.87	15.64	17.87	17.11
Working Capital	-3,994	747	-3,569	-3,697	-3,161	-126	4,529	2,389	5,766	2,261	2,262	-1,224	-1,914	869
LT Debt	3,950	7,219	8,218	8,867	10,342	12,027	12,574	12,233	13,140	10,081	9,923	7,555	9,753	12,944
Total Equity	11,550	12,638	11,285	12,988	12,934	14,330	16,084	16,103	17,478	19,462	21,784	24,656	27,382	27,921
Return on Invested Capital (%)	8.48	11.79	14.9	9.46	8.75	6.02	6.58	6.2	9.65	13.69	10.35	14.62	14.61	13.64
Return on Capital (%)	25.13	19.99	18.38	14.76	9.17	9.36	11.86	17.56	17.28	21.81	23.88	30.66	32.64	28.6
Return on Common Equity (%)	61.8	35.98	32.98	24.88	3.87	15.9	25.08	42.74	37.93	46.71	42.03	52.37	56.23	52.67

	Sep'24	Dec'24	Mar'25
Total Current Assets	16,272	12,231	15,472
Accounts Receivable, Net	5,212	5,596	5,518
Cash, Cash Equivalents & STI	7,647	3,446	6,032
Inventories	- -	- -	- -
Total Current Liabilities	15,598	14,145	14,603
Payables & Accruals	8,677	9,445	9,985
ST Debt	4,870	2,956	2,716
Deferred Revenue	- -	- -	- -

	Sep'24	Dec'24	Mar'25
ST Debt	4,870	2,956	2,716
LT Borrowings	9,339	9,403	12,607
LT Finance Leases	344	350	337
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	2,861	2,861	2,861
Market Capitalization	31,715	31,391	28,770

Year	Q1	Q2	Q3	Q4	FY
2023	8,512	8,360	9,342	9,957	36,850
2024	8,929	8,857	10,055	12,303	39,820
2025	9,706	- -	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	- -	0.32	0.32	- -	0.64
2024	- -	- -	1.04	- -	1.5
2025	- -	- -	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	0.49	0.44	0.43	0.66	2.01
2024	0.4	0.59	1.15	- -	2.49
2025	0.36	- -	- -	- -	- -

Companhia Energética de Minas Gerais

Growth Rates

(avg. rate of change)

Company Description

Company News

Growth Rates

(avg. rate of change)

Working Capital

Capital Structure

Quarterly Revenue

Year

Quarterly Dividends Per Share

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Quarterly Earnings Per Share

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