Companhia Energética de Minas Gerais - CEMIG (CIG)
NYSE: CIG · Real-Time Price · USD
2.060
-0.030 (-1.44%)
At close: Jun 17, 2026, 4:00 PM EDT
2.090
+0.030 (1.46%)
After-hours: Jun 17, 2026, 7:58 PM EDT

CIG Statistics

Total Valuation

CIG has a market cap or net worth of $6.97 billion. The enterprise value is $10.57 billion.

Market Cap6.97B
Enterprise Value 10.57B

Important Dates

The last earnings date was Thursday, May 7, 2026, after market close.

Earnings Date May 7, 2026
Ex-Dividend Date May 14, 2026

Share Statistics

CIG has 2.86 billion shares outstanding.

Current Share Class n/a
Shares Outstanding 2.86B
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.00%
Owned by Institutions (%) 48.72%
Float 2.37B

Valuation Ratios

The trailing PE ratio is 7.52 and the forward PE ratio is 11.26.

PE Ratio 7.52
Forward PE 11.26
PS Ratio 0.84
Forward PS n/a
PB Ratio 1.26
P/TBV Ratio 24.01
P/FCF Ratio 11.25
P/OCF Ratio 9.51
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.12, with an EV/FCF ratio of 17.07.

EV / Earnings 11.40
EV / Sales 1.27
EV / EBITDA 7.12
EV / EBIT 8.81
EV / FCF 17.07

Financial Position

The company has a current ratio of 0.93, with a Debt / Equity ratio of 0.69.

Current Ratio 0.93
Quick Ratio 0.66
Debt / Equity 0.69
Debt / EBITDA 2.56
Debt / FCF 6.19
Interest Coverage 3.64

Financial Efficiency

Return on equity (ROE) is 17.04% and return on invested capital (ROIC) is 8.46%.

Return on Equity (ROE) 17.04%
Return on Assets (ROA) 5.93%
Return on Invested Capital (ROIC) 8.46%
Return on Capital Employed (ROCE) 11.89%
Weighted Average Cost of Capital (WACC) 5.75%
Revenue Per Employee $1.56M
Profits Per Employee $174,313
Employee Count5,320
Asset Turnover 0.66
Inventory Turnover n/a

Taxes

In the past 12 months, CIG has paid $127.77 million in taxes.

Income Tax 127.77M
Effective Tax Rate 12.10%

Stock Price Statistics

The stock price has increased by +6.74% in the last 52 weeks. The beta is 0.09, so CIG's price volatility has been lower than the market average.

Beta (5Y) 0.09
52-Week Price Change +6.74%
50-Day Moving Average 2.36
200-Day Moving Average 2.18
Relative Strength Index (RSI) 34.57
Average Volume (20 Days) 7,510,638

Short Selling Information

The latest short interest is 2,887, so 0.00% of the outstanding shares have been sold short.

Short Interest 2,887
Short Previous Month 5,882
Short % of Shares Out 0.00%
Short % of Float 0.00%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, CIG had revenue of $8.31 billion and earned $927.35 million in profits. Earnings per share was $0.32.

Revenue8.31B
Gross Profit 987.06M
Operating Income 1.20B
Pretax Income 1.06B
Net Income 927.35M
EBITDA 1.49B
EBIT 1.20B
Earnings Per Share (EPS) $0.32
Full Income Statement

Balance Sheet

The company has $343.61 million in cash and $3.84 billion in debt, with a net cash position of -$3.49 billion or -$1.22 per share.

Cash & Cash Equivalents 343.61M
Total Debt 3.84B
Net Cash -3.49B
Net Cash Per Share -$1.22
Equity (Book Value) 5.54B
Book Value Per Share 1.94
Working Capital -203.43M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $733.04 million and capital expenditures -$124.42 million, giving a free cash flow of $619.61 million.

Operating Cash Flow 733.04M
Capital Expenditures -124.42M
Depreciation & Amortization n/a
Net Borrowing 742.42M
Free Cash Flow 619.61M
FCF Per Share $0.22
Full Cash Flow Statement

Margins

Gross margin is 11.87%, with operating and profit margins of 14.44% and 11.15%.

Gross Margin 11.87%
Operating Margin 14.44%
Pretax Margin 12.70%
Profit Margin 11.15%
EBITDA Margin 17.87%
EBIT Margin 14.44%
FCF Margin 7.45%

Dividends & Yields

This stock pays an annual dividend of $0.21, which amounts to a dividend yield of 10.09%.

Dividend Per Share $0.21
Dividend Yield 10.09%
Dividend Growth (YoY) -29.81%
Years of Dividend Growth 2
Payout Ratio 64.09%
Buyback Yield n/a
Shareholder Yield 10.09%
Earnings Yield 13.30%
FCF Yield 8.89%
Dividend Details

Analyst Forecast

The average price target for CIG is $2.14, which is 3.88% higher than the current price. The consensus rating is "Sell".

Price Target $2.14
Price Target Difference 3.88%
Analyst Consensus Sell
Analyst Count 3
Revenue Growth Forecast (3Y) -6.28%
EPS Growth Forecast (3Y) 5.84%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 24, 2024. It was a forward split with a ratio of 1.3:1.

Last Split Date May 24, 2024
Split Type Forward
Split Ratio 1.3:1

Scores

Altman Z-Score n/a
Piotroski F-Score 3