cia en. de minas gerais-cemig - CIG

CIG

Close Chg Chg %
2.09 0.05 2.40%

Open Market

2.14

+0.05 (2.40%)

Volume: 4.63M

Last Updated:

Jan 22, 2026, 3:09 PM EDT

Company Overview: cia en. de minas gerais-cemig - CIG

CIG Key Data

Open

$2.11

Day Range

2.10 - 2.16

52 Week Range

1.59 - 2.30

Market Cap

$3.98B

Shares Outstanding

1.90B

Public Float

1.90B

Beta

0.91

Rev. Per Employee

N/A

P/E Ratio

8.49

EPS

$0.25

Yield

752.27%

Dividend

$0.04

EX-DIVIDEND DATE

Dec 30, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

3.07M

 

CIG Performance

1 Week
 
5.56%
 
1 Month
 
0.97%
 
3 Months
 
6.09%
 
1 Year
 
17.42%
 
5 Years
 
36.37%
 

CIG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 8
Full Ratings ➔

About cia en. de minas gerais-cemig - CIG

Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.

CIG At a Glance

Companhia Energética de Minas Gerais SA
Avenida Barbacena, 1200
Belo Horizonte, Minas Gerais 30190-131
Phone 55-31-3506-5024 Revenue 7.39B
Industry Electric Utilities Net Income 1.32B
Sector Utilities 2024 Sales Growth 0.12%
Fiscal Year-end 12 / 2025 Employees 5,028
View SEC Filings

CIG Valuation

P/E Current 8.492
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 3.835
Price to Sales Ratio 0.686
Price to Book Ratio 1.143
Price to Cash Flow Ratio 4.97
Enterprise Value to EBITDA 4.505
Enterprise Value to Sales 0.915
Total Debt to Enterprise Value 0.304

CIG Efficiency

Revenue/Employee 1,469,050.341
Income Per Employee 262,570.204
Receivables Turnover 5.566
Total Asset Turnover 0.704

CIG Liquidity

Current Ratio 0.865
Quick Ratio 0.865
Cash Ratio 0.159

CIG Profitability

Gross Margin 19.257
Operating Margin 16.849
Pretax Margin 22.937
Net Margin 17.873
Return on Assets 12.579
Return on Equity 28.94
Return on Total Capital 20.346
Return on Invested Capital 21.54

CIG Capital Structure

Total Debt to Total Equity 46.419
Total Debt to Total Capital 31.703
Total Debt to Total Assets 21.278
Long-Term Debt to Equity 35.623
Long-Term Debt to Total Capital 24.329
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cia En. De Minas Gerais-cemig - CIG

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
6.24B 6.67B 7.38B 7.39B
Sales Growth
+27.49% +7.02% +10.56% +0.12%
Cost of Goods Sold (COGS) incl D&A
5.01B 5.37B 5.85B 5.96B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
194.42M 228.89M 255.08M 255.25M
Depreciation
41.01M 43.89M 43.92M 42.68M
Amortization of Intangibles
153.41M 184.99M 211.16M 212.57M
COGS Growth
+29.37% +7.18% +9.05% +1.88%
Gross Income
1.23B 1.30B 1.52B 1.42B
Gross Income Growth
+20.33% +6.36% +16.74% -6.63%
Gross Profit Margin
+19.68% +19.55% +20.65% +19.26%
2021 2022 2023 2024 5-year trend
SG&A Expense
113.66M 160.00M 171.47M 188.62M
Research & Development
- - - -
-
Other SG&A
113.66M 160.00M 171.47M 188.62M
SGA Growth
-3.16% +40.77% +7.17% +10.00%
Other Operating Expense
- 26.80M 20.13M (10.73M)
Unusual Expense
(92.26M) 83.75M 33.77M (27.19M)
EBIT after Unusual Expense
1.18B 1.06B 1.30B 1.27B
Non Operating Income/Expense
(109.32M) (229.59M) 225.59M 627.31M
Non-Operating Interest Income
44.76M 90.70M 90.54M 80.80M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
232.43M 196.80M 238.50M 204.80M
Interest Expense Growth
-5.20% -15.33% +21.19% -14.13%
Gross Interest Expense
235.27M 205.81M 252.48M 219.04M
Interest Capitalized
2.84M 9.01M 13.98M 14.24M
Pretax Income
836.91M 634.72M 1.29B 1.69B
Pretax Income Growth
+25.34% -24.16% +102.46% +31.84%
Pretax Margin
+13.42% +9.51% +17.42% +22.94%
Income Tax
175.18M 5.07M 217.09M 415.11M
Income Tax - Current - Domestic
214.24M 184.04M 188.79M 277.29M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(39.06M) (178.97M) 28.29M 137.83M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
695.47M 792.79M 1.15B 1.32B
Minority Interest Expense
286.87K 397.71K 512.93K 397.15K
Net Income
695.18M 792.39M 1.15B 1.32B
Net Income Growth
+25.20% +13.98% +45.64% +14.40%
Net Margin Growth
+11.15% +11.87% +15.64% +17.87%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
695.18M 792.39M 1.15B 1.32B
Preferred Dividends
- - - -
-
Net Income Available to Common
695.18M 792.39M 1.15B 1.32B
EPS (Basic)
0.243 0.277 0.4034 0.4615
EPS (Basic) Growth
+25.19% +13.99% +45.63% +14.40%
Basic Shares Outstanding
2.86B 2.86B 2.86B 2.86B
EPS (Diluted)
0.243 0.277 0.4034 0.4615
EPS (Diluted) Growth
+25.19% +13.99% +45.63% +14.40%
Diluted Shares Outstanding
2.86B 2.86B 2.86B 2.86B
EBITDA
1.28B 1.37B 1.59B 1.50B
EBITDA Growth
+19.38% +7.26% +15.51% -5.49%
EBITDA Margin
+20.54% +20.59% +21.51% +20.30%

Snapshot

Average Recommendation UNDERWEIGHT Average Target Price 2.40
Number of Ratings 8 Current Quarters Estimate 0.054
FY Report Date 03 / 2026 Current Year's Estimate 0.243
Last Quarter’s Earnings 0.054 Median PE on CY Estimate N/A
Year Ago Earnings 0.272 Next Fiscal Year Estimate 0.239
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 5 5
Mean Estimate 0.05 0.05 0.24 0.24
High Estimates 0.05 0.05 0.27 0.26
Low Estimate 0.05 0.05 0.21 0.19
Coefficient of Variance N/A N/A 9.87 12.00

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 5 5 7
UNDERWEIGHT 0 0 1
SELL 3 3 2
MEAN Underweight Underweight Underweight

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