Cia Energetica DE Minas Gerais - Cemig CMIG3
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
- BRL 14.72
- Day Range
- BRL 11.25–11.62
- 52-Week Range
- BRL 10.08–16.23
- Bid/Ask
- BRL 0.00 / BRL 0.00
- Market Cap
- BRL 27.70 Bil
- Volume/Avg
- 1.2 Mil / 465,191
Key Statistics
- Price/Earnings (Normalized)
- 5.21
- Price/Sales
- 0.68
- Dividend Yield (Trailing)
- 10.10%
- Dividend Yield (Forward)
- 10.10%
- Total Yield
- 10.10%
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
- Mid Value
- Total Number of Employees
- 4,917
- Website
- https://www.cemig.com.br
Comparables
Valuation
|
Metric
|
CMIG3
|
EQPA3
|
CPLE3
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.21 | 7.85 | 9.20 |
Price/Book Value | 1.12 | 3.91 | 1.02 |
Price/Sales | 0.68 | 1.75 | 1.08 |
Price/Cash Flow | 6.70 | 7.45 | 7.78 |
Price/Earnings
CMIG3
EQPA3
CPLE3
Financial Strength
|
Metric
|
CMIG3
|
EQPA3
|
CPLE3
|
|---|---|---|---|
Quick Ratio | 0.80 | 1.39 | 1.29 |
Current Ratio | 0.91 | 1.47 | 1.47 |
Interest Coverage | 7.39 | 7.20 | 27.70 |
Quick Ratio
CMIG3
EQPA3
CPLE3
Profitability
|
Metric
|
CMIG3
|
EQPA3
|
CPLE3
|
|---|---|---|---|
Return on Assets (Normalized) | 8.84% | 17.87% | 5.64% |
Return on Equity (Normalized) | 20.61% | 63.10% | 13.62% |
Return on Invested Capital (Normalized) | 15.69% | 30.41% | 8.08% |
Return on Assets
CMIG3
EQPA3
CPLE3
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