Companhia Energética de Minas Gerais
General ticker "CIG-C" information:
- Sector: Utilities
- Industry: Diversified Utilities
- Capitalization: $7.4B (TTM average)
Companhia Energética de Minas Gerais follows the US Stock Market performance with the rate: 25.2%.
Estimated limits based on current volatility of 3.0%: low 3.75$, high 3.98$
Factors to consider:
- Company pays dividends (irregularly): last record date 2026-03-30, amount 0.04$ (Y1.07%)
- Total employees count: 8706 as of 2001
- Current price 31.5% above estimated high
- Earnings for 12 months up through Q4 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.96$, 2.71$]
- 2025-12-31 to 2026-12-31 estimated range: [2.07$, 2.84$]
Financial Metrics affecting the CIG-C estimates:
- Positive: with PPE of 5.2 at the end of fiscal year the price was very low
- Positive: Operating cash flow per share per price, % of 13.18 > 12.96
- Positive: Operating profit margin, % of 18.81 > 18.52
- Negative: Investing cash flow per share per price, % of -5.70 <= -4.45
- Positive: Industry operating profit margin (median), % of 16.52 > 9.67
- Positive: 42.60 < Shareholder equity ratio, % of 45.84 <= 64.25
- Negative: Inventory ratio change, % of 4.18 > 0.80
- Positive: Industry earnings per price (median), % of 5.18 > 4.54
Short-term CIG-C quotes
Long-term CIG-C plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | BRL34,463.00MM | BRL36,850.00MM | BRL39,820.00MM |
| Operating Expenses | BRL28,777.00MM | BRL30,637.00MM | BRL32,328.00MM |
| Operating Income | BRL5,686.00MM | BRL6,213.00MM | BRL7,492.00MM |
| Non-Operating Income | BRL-1,566.00MM | BRL638.00MM | BRL1,866.00MM |
| Interest Expense | BRL935.00MM | BRL238.50MM | BRL1,008.00MM |
| Income(Loss) | BRL4,120.00MM | BRL6,851.00MM | BRL9,358.00MM |
| Taxes | BRL26.00MM | BRL1,084.00MM | BRL2,239.00MM |
| Profit(Loss)* | BRL4,092.00MM | BRL5,764.00MM | BRL7,117.00MM |
| Stockholders Equity | BRL21,778.00MM | BRL24,650.00MM | BRL27,377.00MM |
| Assets | BRL53,671.00MM | BRL55,000.00MM | BRL59,726.00MM |
| Operating Cash Flow | BRL6,613.00MM | BRL6,644.28MM | BRL5,496.00MM |
| Capital expenditure | BRL292.00MM | BRL1,263.54MM | BRL919.00MM |
| Investing Cash Flow | BRL-3,206.00MM | BRL-3,967.24MM | BRL-2,376.00MM |
| Financing Cash Flow | BRL-2,791.00MM | BRL-2,581.00MM | BRL-2,759.00MM |
| Earnings Per Share** | BRL1.86 | BRL2.01 | BRL2.49 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.