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Companhia Energetica de Minas Gerais S.A. (CIG)
Stock Price:
$2.20 USD
0.00 (0.00%)
Updated Aug 10, 2020 11:06 AM EDT - Market open
Key Info
| Market Cap |
2.22B |
| Revenue (ttm) |
6.35B |
| Net Income (ttm) |
781.75M |
| Shares Out |
1.52B |
| EPS (ttm) |
0.21 |
| PE Ratio |
10.48 |
| Forward PE |
n/a |
| Dividend |
$0.18 |
| Dividend Yield |
8.18% |
Stock Quote
| Trading Day |
Aug 10, 2020 |
| Last Price |
$2.20 |
| Previous Close |
$2.20 |
| Change ($) |
0.00 |
| Change (%) |
0.00% |
| Day's Open |
2.22 |
| Day's Range |
2.19 - 2.24 |
| Day's Volume |
646,787 |
| 52-Week Range |
1.28 - 3.78 |
More Stats
| Market Cap |
2.22B |
| Enterprise Value |
5.67B |
| Earnings Date (est) |
Aug 14, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
1.52B |
| Float |
1.18B |
| EPS (basic) |
n/a |
| EPS (diluted) |
0.21 |
| FCF / Share |
0.88 |
| Dividend |
$0.18 |
| Dividend Yield |
8.18% |
| Earnings Yield |
9.55% |
| FCF Yield |
57.66% |
| Payout Ratio |
21.30% |
| Shares Short |
7.92M |
| Short Ratio |
2.30 |
| Short % of Float |
n/a |
| Beta |
1.05 |
| PE Ratio |
10.48 |
| Forward PE |
n/a |
| P/FCF Ratio |
1.73 |
| PS Ratio |
0.35 |
| PB Ratio |
1.15 |
| Revenue |
6.35B |
| Operating Income |
727.75M |
| Net Income |
781.75M |
| Free Cash Flow |
1.28B |
| Net Cash |
-3.44B |
| Net Cash / Share |
-3.41 |
| Gross Margin |
22.81% |
| Operating Margin |
11.47% |
| Profit Margin |
12.30% |
| FCF Margin |
20.19% |
| ROA |
3.22% |
| ROE |
12.59% |
| ROIC |
15.50% |
Key stats in USD, based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (8)
| Buy |
6 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
1 |
Price Target
$2.53*
(15.00% upside)
Low
1.93
Current: $2.20
High
2.82
Target: 2.53
*Average 12-month USD price target from 8 stock analysts.
Financial Performance
Financial numbers in millions BRL.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 25,390 | 22,266 | 21,712 | 18,773 | 21,868 | 19,595 | 14,627 | 14,137 | 12,393 | 13,790 |
| Revenue Growth | 14.03% | 2.55% | 15.66% | -14.15% | 11.6% | 33.96% | 3.47% | 14.07% | -10.13% | - |
| Gross Profit | 5,792 | 4,589 | 4,224 | 4,343 | 6,085 | 6,793 | 4,779 | 4,442 | 4,386 | 4,790 |
| Operating Income | 2,911 | 2,846 | 2,894 | 2,869 | 3,581 | 5,147 | 3,396 | 2,610 | 3,265 | 3,559 |
| Net Income | 3,127 | 1,700 | 1,001 | 334 | 2,469 | 3,137 | 3,104 | 4,272 | 2,415 | 2,258 |
| Shares Outstanding | 1,459 | 1,459 | 1,259 | 1,259 | 1,259 | 1,115 | 1,258 | 1,258 | 1,258 | 1,258 |
| Earnings Per Share | 2.14 | 1.17 | 0.37 | 0.07 | 1.96 | 2.49 | 2.47 | 3.40 | 1.92 | 1.80 |
| EPS Growth | 82.91% | 216.22% | 428.57% | -96.43% | -21.29% | 0.81% | -27.35% | 77.08% | 6.84% | - |
| Dividend Per Share | 0.11 | 0.18 | 0.08 | 0.23 | 0.22 | 1.36 | 0.66 | 1.81 | 0.97 | 0.85 |
| Dividend Growth | -37.36% | 136.36% | -66.38% | 4.09% | -83.76% | 106.24% | -63.64% | 86.87% | 13.76% | - |
| Operating Cash Flow | 5,197 | 3,289 | 2,603 | 3,871 | 5,080 | 5,823 | 5,284 | 4,582 | 5,304 | 3,376 |
| Capital Expenditures | -70.00 | -77.00 | -83.00 | -120 | -126 | -122 | -69.00 | -109 | -95.00 | -347 |
| Free Cash Flow | 5,127 | 3,212 | 2,520 | 3,751 | 4,954 | 5,701 | 5,215 | 4,473 | 5,209 | 3,029 |
| Cash & Equivalents | 1,288 | 1,686 | 2,194 | 2,376 | 3,352 | 1,881 | 3,135 | 2,709 | 2,463 | 3,316 |
| Total Debt | 15,065 | 14,772 | 14,398 | 15,179 | 15,167 | 13,509 | 9,457 | 10,416 | 10,504 | 13,226 |
| Net Cash / Debt | -13,777 | -13,086 | -12,204 | -12,803 | -11,815 | -11,628 | -6,322 | -7,707 | -8,041 | -9,910 |
| Assets | 49,926 | 59,855 | 42,240 | 42,036 | 40,857 | 35,000 | 29,814 | 32,570 | 29,621 | 33,474 |
| Liabilities | 34,035 | 43,916 | 27,910 | 29,102 | 27,869 | 23,715 | 17,176 | 21,020 | 17,955 | 21,998 |
| Book Value | 15,887 | 14,579 | 14,326 | 12,930 | 12,984 | 11,281 | 12,638 | 11,550 | 11,666 | 11,476 |
Numbers in millions BRL, except per-share numbers.
Company Details
| Full Name |
Companhia Energetica de Minas Gerais S.A. |
| Country |
Brazil |
| Employees |
5,613 |
| CEO |
Reynaldo Passanezi Filho |
Stock Information
| Ticker Symbol |
CIG |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Utilities |
| Industry |
Utilities—Diversified |
| Unique Identifier |
NYSE: CIG |
Description
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2019, the company operated 80 hydroelectric, thermoelectric, and wind and solar plants with an installed capacity of 6,000 MW; 4,134 km of transmission lines; and 335,421 km of distribution lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; 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 founded in 1952 and is headquartered in Belo Horizonte, Brazil.