Companhia Energética de Minas GeraisCIG-C

$2.94-0.18 (-5.77%)
NYSEUtilities24:00 UTC

Company snapshot

Market Cap
$8B
Mid-cap
+347%
2016 — today
10-Year Price
+205%
2016 — today
52-Week Range
$2.35$3.92
Current $2.94· 38%

Companhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, distribution, and retail of power. As of December 31, 2021, its substantial infrastructure included 70 generating facilities powered by hydroelectric, wind, and solar sources, boasting a combined installed capacity of 5,700 megawatts. The company also maintained an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity operations, CEMIG's diverse ventures encompass the procurement, transportation, and supply of natural gas, along with its by-products and derivatives. It also provides a range of IT services, such as cloud solutions, infrastructure management, and cybersecurity, as well as supplying technology systems for the operational oversight of public service concessions. Additional activities include energy trading, telecommunications services, distributed power generation, customer account handling, cogeneration, initiatives for energy efficiency, and the management of supply and storage. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.

Valuation in context

P/E ratio
1.7
Above average
Pricier than usual over the last 10 years
P/B ratio
0.3
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
4.9
Near historic high
Near historic highs — last 10 years
Dividend Yield
5.7%
Above average
Above the 10-year average
PEG ratio
0.5
Near historic high
Near historic highs — last 10 years
FCF Yield
37.8%
Above average
Above the 10-year average
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