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Cia Energetica DE Minas Gerais - Cemig CMIG4

Morningstar Rating
BRL 10.78 +0.15 (1.41%)
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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

CMIG4 is trading at a 873% premium.
Price
BRL 10.58
Fair Value
BRL 62.39
Uncertainty
High
1-Star Price
BRL 63.98
5-Star Price
BRL 6.22
Economic Moat
Rjgfr
Capital Allocation
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News

Trading Information

Previous Close Price
BRL 10.63
Day Range
BRL 10.6310.85
52-Week Range
BRL 8.0611.31
Bid/Ask
BRL 0.00 / BRL 0.00
Market Cap
BRL 30.84 Bil
Volume/Avg
7.7 Mil / 12.6 Mil

Key Statistics

Price/Earnings (Normalized)
6.07
Price/Sales
0.83
Dividend Yield (Trailing)
10.44%
Dividend Yield (Forward)
10.44%
Total Yield
10.44%

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
4,917

Comparables

Valuation

Metric
CMIG4
EQPA3
NEOE3
Price/Earnings (Normalized)
6.076.953.09
Price/Book Value
1.213.490.70
Price/Sales
0.831.560.50
Price/Cash Flow
4.216.662.52
Price/Earnings
CMIG4
EQPA3
NEOE3

Financial Strength

Metric
CMIG4
EQPA3
NEOE3
Quick Ratio
0.961.431.07
Current Ratio
1.151.501.24
Interest Coverage
6.637.772.19
Quick Ratio
CMIG4
EQPA3
NEOE3

Profitability

Metric
CMIG4
EQPA3
NEOE3
Return on Assets (Normalized)
9.14%17.66%3.82%
Return on Equity (Normalized)
20.97%57.46%12.77%
Return on Invested Capital (Normalized)
15.87%29.52%9.13%
Return on Assets
CMIG4
EQPA3
NEOE3
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