Companhia Energética de Minas Gerais
General ticker "CIG-C" information:
- Sector: Utilities
- Industry: Electric Utilities
- Capitalization: $7.4B (TTM average)
Companhia Energética de Minas Gerais follows the US Stock Market performance with the rate: 24.4%.
Estimated limits based on current volatility of 1.1%: low 2.62$, high 2.68$
Factors to consider:
- Company pays dividends (irregularly): last record date 2025-10-06, amount 0.04$ (Y1.48%)
- Total employees count: 8706 as of 2001
- Price in estimated range
- Earnings for 9 months up through Q3 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: [2.10$, 3.14$]
- 2025-12-31 to 2026-12-31 estimated range: [2.37$, 3.47$]
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 | BRL30,965.76MM | BRL32,328.00MM |
| Operating Income | BRL5,686.00MM | BRL5,884.24MM | BRL7,492.00MM |
| Non-Operating Income | BRL-1,566.00MM | BRL966.92MM | BRL1,866.00MM |
| Interest Expense | BRL935.00MM | BRL1,027.00MM | BRL1,008.00MM |
| R&D Expense | BRL34.56MM | BRL37.45MM | BRL146.05MM |
| Income(Loss) | BRL4,120.00MM | BRL6,851.16MM | BRL9,358.00MM |
| Taxes | BRL26.00MM | BRL1,084.33MM | 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.