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Cia Energetica DE Minas Gerais - Cemig ADR CIG

Morningstar Rating
$2.44 +0.02 (0.83%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CIG is trading at a 16% discount.
Price
$2.42
Fair Value
$7.89
Uncertainty
High
1-Star Price
$6.66
5-Star Price
$9.55
Economic Moat
Jccdn
Capital Allocation
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News

Trading Information

Previous Close Price
$2.42
Day Range
$2.392.46
52-Week Range
$2.112.75
Bid/Ask
$2.41 / $2.45
Market Cap
$5.37 Bil
Volume/Avg
2.0 Mil / 2.6 Mil

Key Statistics

Price/Earnings (Normalized)
5.24
Price/Sales
0.74
Dividend Yield (Trailing)
9.76%
Dividend Yield (Forward)
9.76%
Total Yield
9.84%

Company Profile

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.
Sector
Utilities
Industry
Utilities - Diversified
Stock Style Box
Large Value
Total Number of Employees
4,908

Comparables

Valuation

Metric
CIG
EQPA3
CPLE3
Price/Earnings (Normalized)
5.247.777.93
Price/Book Value
1.093.871.12
Price/Sales
0.741.731.11
Price/Cash Flow
9.427.389.26
Price/Earnings
CIG
EQPA3
CPLE3

Financial Strength

Metric
CIG
EQPA3
CPLE3
Quick Ratio
1.161.391.29
Current Ratio
1.301.471.47
Interest Coverage
3.327.2027.70
Quick Ratio
CIG
EQPA3
CPLE3

Profitability

Metric
CIG
EQPA3
CPLE3
Return on Assets (Normalized)
9.04%17.87%4.76%
Return on Equity (Normalized)
21.70%63.10%11.53%
Return on Invested Capital (Normalized)
18.73%30.41%6.86%
Return on Assets
CIG
EQPA3
CPLE3
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