Companhia Energética De Minas Gerais S.a (CIG)

$1.99

-0.08

(-3.86%)

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $1.98
    $2.04
    $1.99
    downward going graph

    0.75%

    Downside

    Day's Volatility :2.95%

    Upside

    2.21%

    downward going graph
  • $1.62
    $2.19
    $1.99
    downward going graph

    18.44%

    Downside

    52 Weeks Volatility :25.89%

    Upside

    9.13%

    downward going graph

Returns

PeriodCompanhia Energética De Minas Gerais S.aSector (Utilities)Index (Russel 2000)
3 Months
-5.69%
8.9%
0.0%
6 Months
1.06%
13.7%
0.0%
1 Year
13.47%
31.0%
0.0%
3 Years
41.9%
20.9%
-24.1%

Highlights

Market Capitalization
6.4B
Book Value
$8.62
Dividend Share
0.0
Dividend Yield
5.78%
Earnings Per Share (EPS)
0.36
PE Ratio
5.75
PEG Ratio
0.0
Wall Street Target Price
2.1
Profit Margin
15.74%
Operating Margin TTM
21.17%
Return On Assets TTM
8.38%
Return On Equity TTM
23.72%
Revenue TTM
37.9B
Revenue Per Share TTM
13.24
Quarterly Revenue Growth YOY
7.000000000000001%
Gross Profit TTM
5.3B
EBITDA
8.7B
Diluted Eps TTM
0.36
Quarterly Earnings Growth YOY
0.36
EPS Estimate Current Year
0.07
EPS Estimate Next Year
0.05
EPS Estimate Current Quarter
0.07
EPS Estimate Next Quarter
0.07

Analyst Recommendation

Buy
    64%Buy
    35%Hold
    0
    0%Sell
Based on 17 Wall street analysts offering stock ratings for Companhia Energética De Minas Gerais S.a(by analysts ranked 0 to 5 stars)
Based on 17 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
11
11
9
Hold
6
6
8
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 5.53%

Current $1.99
Target $2.10

Company Financials

FY18Y/Y Change
Revenue
22.3B
↑ 2.55%
Net Income
1.7B
↑ 69.74%
Net Profit Margin
7.64%
↑ 3.03%
FY19Y/Y Change
Revenue
25.4B
↑ 14.03%
Net Income
3.1B
↑ 83.93%
Net Profit Margin
12.32%
↑ 4.68%
FY20Y/Y Change
Revenue
4.9B
↓ 0.64%
Net Income
555.7M
↓ 8.41%
Net Profit Margin
11.35%
↓ 0.97%
FY21Y/Y Change
Revenue
6.0B
↑ 33.37%
Net Income
663.4M
↑ 30.97%
Net Profit Margin
11.15%
↓ 0.2%
FY22Y/Y Change
Revenue
34.5B
↑ 2.43%
Net Income
4.1B
↑ 9.09%
Net Profit Margin
11.87%
↑ 0.72%
FY23Y/Y Change
Revenue
7.5B
↑ 6.93%
Net Income
1.2B
↑ 40.86%
Net Profit Margin
15.64%
↑ 3.77%
Q1 FY23Q/Q Change
Revenue
9.8B
↑ 0.0%
Net Income
1.4B
↑ 0.0%
Net Profit Margin
14.41%
↑ 0.0%
Q2 FY23Q/Q Change
Revenue
8.8B
↓ 9.57%
Net Income
1.2B
↓ 11.43%
Net Profit Margin
14.11%
↓ 0.3%
Q3 FY23Q/Q Change
Revenue
9.4B
↑ 6.88%
Net Income
1.2B
↓ 0.59%
Net Profit Margin
13.13%
↓ 0.98%
Q4 FY23Q/Q Change
Revenue
2.0B
↑ 5.62%
Net Income
384.8M
↑ 52.3%
Net Profit Margin
18.93%
↑ 5.8%
Q1 FY24Q/Q Change
Revenue
1.8B
↓ 9.03%
Net Income
231.4M
↓ 38.82%
Net Profit Margin
12.73%
↓ 6.2%
Q2 FY24Q/Q Change
Revenue
1.8B
↑ 4.17%
Net Income
313.3M
↑ 46.41%
Net Profit Margin
17.89%
↑ 5.16%
FY18Y/Y Change
Total Assets
59.9B
↑ 41.7%
Total Liabilities
43.9B
↑ 57.35%
FY19Y/Y Change
Total Assets
49.9B
↓ 16.59%
Total Liabilities
34.9B
↓ 20.59%
FY20Y/Y Change
Total Assets
10.5B
↑ 8.32%
Total Liabilities
7.1B
↑ 4.97%
FY21Y/Y Change
Total Assets
9.2B
↓ 3.77%
Total Liabilities
5.8B
↓ 10.98%
FY22Y/Y Change
Total Assets
53.7B
↑ 3.12%
Total Liabilities
31.9B
↓ 2.14%
FY23Y/Y Change
Total Assets
11.2B
↑ 2.48%
Total Liabilities
6.2B
↓ 4.84%
Q1 FY23Q/Q Change
Total Assets
10.3B
↓ 0.77%
Total Liabilities
6.1B
↑ 1.91%
Q2 FY23Q/Q Change
Total Assets
54.5B
↑ 1.62%
Total Liabilities
30.9B
↓ 3.01%
Q3 FY23Q/Q Change
Total Assets
56.2B
↑ 2.97%
Total Liabilities
31.7B
↑ 2.59%
Q4 FY23Q/Q Change
Total Assets
11.2B
↓ 2.07%
Total Liabilities
6.2B
↓ 4.37%
Q1 FY24Q/Q Change
Total Assets
11.5B
↑ 4.44%
Total Liabilities
6.4B
↑ 5.53%
Q2 FY24Q/Q Change
Total Assets
10.5B
↓ 1.22%
Total Liabilities
5.6B
↓ 6.12%
FY18Y/Y Change
Operating Cash Flow
1.0B
↑ 73.79%
Investing Cash Flow
-211.0M
↓ 45.35%
Financing Cash Flow
-937.0M
↑ 493.04%
FY19Y/Y Change
Operating Cash Flow
2.0B
↑ 101.98%
Investing Cash Flow
-1.2B
↑ 463.35%
Financing Cash Flow
-1.2B
↑ 28.39%
FY20Y/Y Change
Operating Cash Flow
1.7B
↑ 322.74%
Investing Cash Flow
-985.1M
↑ 327.11%
Financing Cash Flow
-463.2M
↑ 98.42%
FY21Y/Y Change
Operating Cash Flow
651.8M
↓ 57.19%
Investing Cash Flow
242.5M
↓ 127.01%
Financing Cash Flow
-1.0B
↑ 147.59%
FY22Y/Y Change
Operating Cash Flow
6.6B
↑ 79.46%
Investing Cash Flow
-3.2B
↓ 333.82%
Financing Cash Flow
-2.8B
↓ 52.77%
Q1 FY23Q/Q Change
Operating Cash Flow
199.8M
↑ 0.0%
Investing Cash Flow
-67.8M
↓ 88.98%
Financing Cash Flow
-298.2M
↑ 0.0%
Q2 FY23Q/Q Change
Operating Cash Flow
1.8B
↑ 70.71%
Investing Cash Flow
-2.5B
↑ 599.07%
Financing Cash Flow
921.8M
↓ 159.28%
Q3 FY23Q/Q Change
Operating Cash Flow
4.8M
↓ 99.73%
Investing Cash Flow
-4.2B
↑ 68.22%
Financing Cash Flow
304.0K
↓ 99.97%

Technicals Summary

Sell

Neutral

Buy

Companhia Energética De Minas Gerais S.a is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Companhia Energética De Minas Gerais S.a
Companhia Energética De Minas Gerais S.a
3.65%
1.06%
13.47%
41.9%
28.26%
Allete Inc
Allete Inc
0.34%
2.19%
16.79%
1.82%
-19.22%
Otter Tail Corp
Otter Tail Corp
4.55%
-11.8%
6.39%
14.84%
64.48%
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
-2.33%
16.39%
29.49%
-7.58%
-0.29%
Sempra Energy
Sempra Energy
11.39%
22.45%
29.5%
51.56%
29.18%
Aes Corporation, The
Aes Corporation, The
-22.06%
-36.69%
-21.64%
-46.87%
-29.63%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Companhia Energética De Minas Gerais S.a
Companhia Energética De Minas Gerais S.a
5.75
5.75
0.0
0.07
0.24
0.08
0.06
8.62
Allete Inc
Allete Inc
20.63
20.63
2.22
3.7
0.04
0.02
0.04
48.97
Otter Tail Corp
Otter Tail Corp
11.0
11.0
2.08
7.11
0.2
0.07
0.02
39.05
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
101.87
NA
1.18
0.8
0.05
0.03
0.05
10.05
Sempra Energy
Sempra Energy
20.51
20.51
2.21
4.77
0.1
0.02
0.03
45.5
Aes Corporation, The
Aes Corporation, The
9.22
9.22
1.09
1.93
-0.03
0.03
0.05
4.63
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Companhia Energética De Minas Gerais S.a
Companhia Energética De Minas Gerais S.a
Buy
$6.4B
28.26%
5.75
15.74%
Allete Inc
Allete Inc
Hold
$3.7B
-19.22%
20.63
11.5%
Otter Tail Corp
Otter Tail Corp
Hold
$3.3B
64.48%
11.0
22.7%
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
Buy
$15.8B
-0.29%
101.87
-0.55%
Sempra Energy
Sempra Energy
Buy
$59.0B
29.18%
20.51
22.7%
Aes Corporation, The
Aes Corporation, The
Buy
$9.4B
-29.63%
9.22
8.34%

Insights on Companhia Energética De Minas Gerais S.a

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 9.05B → 9.43B (in $), with an average increase of 4.0% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 1.15B → 1.68B (in $), with an average increase of 31.7% per quarter

  • Vs SRE

    In the last 1 year, Sempra Energy has given 29.5% return, outperforming this stock by 16.0%

  • Vs SRE

    In the last 3 years, Sempra Energy has given 51.6% return, outperforming this stock by 9.7%

Institutional Holdings

  • BlackRock Inc

    0.70%
  • Polunin Capital Partners Ltd

    0.58%
  • Vanguard Group Inc

    0.47%
  • Morgan Stanley - Brokerage Accounts

    0.47%
  • TSP Capital Management Group/LLC

    0.32%
  • Schroder Investment Management Group

    0.27%

Corporate Announcements

  • Companhia Energética De Minas Gerais S.a Dividends March,2024

    In the quarter ending March,2024. Companhia Energética De Minas Gerais S.a has declared dividend of $0.04

    Read More

Company Information

CEMIG is a Brazilian power company headquartered in Belo Horizonte capital of the state of Minas Gerais. The company is one of the largest power generators and distributors in Brazil being responsible for 12% of the national distribution.

Organization
Companhia Energética De Minas Gerais S.a
Employees
4918
CEO
Mr. Reynaldo Passanezi Filho
Industry
Utilities

FAQs