Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais
Your view on CIG
Overview
What the company does, where it operates, and who runs it.
About Companhia Energética de Minas Gerais
- Industry
- Regulated Electric
- Sector
- Utilities
- CEO
- Reynaldo Passanezi Filho
- Headquarters
- BR
- Industry
- Regulated Electric
- Sector
- Utilities
- CEO
- Reynaldo Passanezi Filho
- Headquarters
- BR
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil.
As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines.
It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities.
The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Companhia Energética de Minas Gerais, and the rating behind it. CIG last traded at $2.20, 10.9× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Companhia Energética de Minas Gerais. Starting points for Companhia Energética de Minas Gerais: P/E 10.9, EPS $1.60, beta 0.06 — an Regulated Electric name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Companhia Energética de Minas Gerais. Companhia Energética de Minas Gerais paid $0.20 per share over the last year — a 9.3% yield at the current $2.20 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Companhia Energética de Minas Gerais. Trailing twelve-month EPS for Companhia Energética de Minas Gerais stands at $1.60. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Companhia Energética de Minas Gerais. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Companhia Energética de Minas Gerais valued side by side against its closest peers. Companhia Energética de Minas Gerais is measured against Regulated Electric peers within the Utilities sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Companhia Energética de Minas Gerais, and how their positions are changing. At a $6.29B market value, institutional positions materially move Companhia Energética de Minas Gerais's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Companhia Energética de Minas Gerais executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Companhia Energética de Minas Gerais. Companhia Energética de Minas Gerais is a $6.29B Utilities company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Companhia Energética de Minas Gerais. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Companhia Energética de Minas Gerais. Coverage tracks Companhia Energética de Minas Gerais within Regulated Electric (Utilities). Press releases and market coverage, newest first.