Cia Energetica DE Minas Gerais - Cemig CMIG4
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.
Trading Information
- Previous Close Price
- R$11.18
- Day Range
- R$11.05–11.43
- 52-Week Range
- R$9.87–13.87
- Bid/Ask
- R$0.00 / R$0.00
- Shares Outstanding
- 2.86B
- Market Cap
- R$32.64B
- Volume/Avg
- 21M / 14M
Key Statistics
- Price/Earnings (Normalized)
- 6.72
- Price/Sales
- 0.74
- Dividend Yield (Trailing)
- 9.99%
- Dividend Yield (Forward)
- 9.99%
- Dividend Payment Schedule
- Dec
- Total Yield
- 9.99%
Company Profile
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Mid Core
- Total Number of Employees
- 5,384
- Website
- https://www.cemig.com.br
Valuation
|
Metric
|
CMIG4
|
|---|---|
Price/Earnings (Normalized) | 6.72 |
Price/Book Value | 1.10 |
Price/Sales | 0.74 |
Price/Cash Flow | 1.84 |
Price/Earnings
CMIG4
Financial Strength
|
Metric
|
CMIG4
|
|---|---|
Quick Ratio | 1.01 |
Current Ratio | 1.17 |
Interest Coverage | 3.64 |
Quick Ratio
CMIG4
Profitability
|
Metric
|
CMIG4
|
|---|---|
Return on Assets (Normalized) | 6.84% |
Return on Equity (Normalized) | 15.82% |
Return on Invested Capital (Normalized) | 12.14% |
Return on Assets
CMIG4
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| LOCK|nKRP!B$ | LOCK|Q@cj | $160B | |||
| Southern Co
SO
| LOCK|dqv<Q@N& | LOCK|%Z%l | $96B | |||
| Duke Energy Corp
DUK
| LOCK|kV<YMj | LOCK|KWmt# | $89B | |||
| National Grid PLC ADR
NGG
| LOCK|JWMTJH | LOCK|tYBry | $76B | |||
| American Electric Power Co Inc
AEP
| LOCK|S#!J<R | LOCK|$pTKP | $65B | |||
| Dominion Energy Inc
D
| LOCK|nFB$>YM | LOCK|c?sGx | $54B | |||
| Entergy Corp
ETR
| LOCK|&k#smR | LOCK|&bbT | $48B | |||
| Xcel Energy Inc
XEL
| LOCK|@@S$>Rn | LOCK|rpQ#f | $45B | |||
| Exelon Corp
EXC
| LOCK|ZQPVS@ | LOCK|ZTx?& | $42B | |||
| Consolidated Edison Inc
ED
| LOCK|?j>#^< | LOCK|N# | $38B |
United States