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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.20
CIG's Cash to Debt is ranked lower than
55% of the 582 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.28 vs. CIG: 0.20 )
Ranked among companies with meaningful Cash to Debt only.
CIG' s 10-Year Cash to Debt Range
Min: 0.04  Med: 0.27 Max: 1.52
Current: 0.2
0.04
1.52
Equity to Asset 0.32
CIG's Equity to Asset is ranked lower than
57% of the 571 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.35 vs. CIG: 0.32 )
Ranked among companies with meaningful Equity to Asset only.
CIG' s 10-Year Equity to Asset Range
Min: 0.32  Med: 0.38 Max: 0.64
Current: 0.32
0.32
0.64
Interest Coverage 5.47
CIG's Interest Coverage is ranked higher than
56% of the 303 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 4.34 vs. CIG: 5.47 )
Ranked among companies with meaningful Interest Coverage only.
CIG' s 10-Year Interest Coverage Range
Min: 0.78  Med: 2.67 Max: 10.48
Current: 5.47
0.78
10.48
WACC vs ROIC
7.35%
20.55%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating margin (%) 26.81
CIG's Operating margin (%) is ranked higher than
81% of the 592 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 11.97 vs. CIG: 26.81 )
Ranked among companies with meaningful Operating margin (%) only.
CIG' s 10-Year Operating margin (%) Range
Min: -11.83  Med: 22.03 Max: 30.37
Current: 26.81
-11.83
30.37
Net-margin (%) 21.24
CIG's Net-margin (%) is ranked higher than
86% of the 593 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.05 vs. CIG: 21.24 )
Ranked among companies with meaningful Net-margin (%) only.
CIG' s 10-Year Net-margin (%) Range
Min: -14.36  Med: 16.37 Max: 30.22
Current: 21.24
-14.36
30.22
ROE (%) 33.34
CIG's ROE (%) is ranked higher than
95% of the 589 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.82 vs. CIG: 33.34 )
Ranked among companies with meaningful ROE (%) only.
CIG' s 10-Year ROE (%) Range
Min: -9.16  Med: 19.78 Max: 36.68
Current: 33.34
-9.16
36.68
ROA (%) 13.98
CIG's ROA (%) is ranked higher than
96% of the 605 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.06 vs. CIG: 13.98 )
Ranked among companies with meaningful ROA (%) only.
CIG' s 10-Year ROA (%) Range
Min: -5.37  Med: 7.45 Max: 12.28
Current: 13.98
-5.37
12.28
ROC (Joel Greenblatt) (%) 113.28
CIG's ROC (Joel Greenblatt) (%) is ranked higher than
94% of the 602 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 9.00 vs. CIG: 113.28 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
CIG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -9.44  Med: 25.26 Max: 95.24
Current: 113.28
-9.44
95.24
Revenue Growth (3Y)(%) -1.70
CIG's Revenue Growth (3Y)(%) is ranked lower than
75% of the 499 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.40 vs. CIG: -1.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
CIG' s 10-Year Revenue Growth (3Y)(%) Range
Min: -86.2  Med: 5.20 Max: 724.5
Current: -1.7
-86.2
724.5
EBITDA Growth (3Y)(%) -8.90
CIG's EBITDA Growth (3Y)(%) is ranked lower than
80% of the 465 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.10 vs. CIG: -8.90 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
CIG' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: 0.90 Max: 730.1
Current: -8.9
0
730.1
EPS Growth (3Y)(%) -0.30
CIG's EPS Growth (3Y)(%) is ranked lower than
56% of the 425 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.60 vs. CIG: -0.30 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
CIG' s 10-Year EPS Growth (3Y)(%) Range
Min: -76.2  Med: 7.65 Max: 494.4
Current: -0.3
-76.2
494.4
» CIG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

CIG Guru Trades in Q2 2014

Jeremy Grantham 11,368,964 sh (+21.74%)
David Dreman 848,016 sh (-24.44%)
» More
Q3 2014

CIG Guru Trades in Q3 2014

David Dreman 842,056 sh (-0.70%)
Jeremy Grantham 11,105,164 sh (-2.32%)
» More
Q4 2014

CIG Guru Trades in Q4 2014

Caxton Associates 138,900 sh (New)
Jeremy Grantham 14,181,043 sh (+27.70%)
David Dreman 885,509 sh (+5.16%)
» More
Q1 2015

CIG Guru Trades in Q1 2015

Jim Simons 1,167,764 sh (New)
Howard Marks 6,915,563 sh (New)
Jeremy Grantham 16,243,837 sh (+14.55%)
Caxton Associates Sold Out
David Dreman 817,644 sh (-7.66%)
» More
» Details

Insider Trades

Latest Guru Trades with CIG

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Energy Company of Minas Gerais

SymbolPriceYieldDescription
CID.Germany3.304.01ADR
CIG3.684.13ADR

Ratios

vs
industry
vs
history
P/E(ttm) 7.19
CIG's P/E(ttm) is ranked higher than
89% of the 487 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 16.80 vs. CIG: 7.19 )
Ranked among companies with meaningful P/E(ttm) only.
CIG' s 10-Year P/E(ttm) Range
Min: 4.25  Med: 8.69 Max: 36101293.72
Current: 7.19
4.25
36101293.72
PE(NRI) 7.50
CIG's PE(NRI) is ranked higher than
89% of the 487 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 16.80 vs. CIG: 7.50 )
Ranked among companies with meaningful PE(NRI) only.
CIG' s 10-Year PE(NRI) Range
Min: 4.26  Med: 8.68 Max: 35379267.85
Current: 7.5
4.26
35379267.85
P/B 1.34
CIG's P/B is ranked higher than
55% of the 577 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.50 vs. CIG: 1.34 )
Ranked among companies with meaningful P/B only.
CIG' s 10-Year P/B Range
Min: 0.95  Med: 1.86 Max: 2325682.11
Current: 1.34
0.95
2325682.11
P/S 1.82
CIG's P/S is ranked lower than
61% of the 585 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.38 vs. CIG: 1.82 )
Ranked among companies with meaningful P/S only.
CIG' s 10-Year P/S Range
Min: 0.83  Med: 1.48 Max: 1933293.32
Current: 1.82
0.83
1933293.32
PFCF 3.97
CIG's PFCF is ranked higher than
94% of the 248 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 17.42 vs. CIG: 3.97 )
Ranked among companies with meaningful PFCF only.
CIG' s 10-Year PFCF Range
Min: 3.42  Med: 14.44 Max: 93.82
Current: 3.97
3.42
93.82
POCF 2.92
CIG's POCF is ranked higher than
88% of the 465 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.65 vs. CIG: 2.92 )
Ranked among companies with meaningful POCF only.
CIG' s 10-Year POCF Range
Min: 2.92  Med: 5.45 Max: 18426702
Current: 2.92
2.92
18426702
EV-to-EBIT 7.81
CIG's EV-to-EBIT is ranked higher than
84% of the 505 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 14.88 vs. CIG: 7.81 )
Ranked among companies with meaningful EV-to-EBIT only.
CIG' s 10-Year EV-to-EBIT Range
Min: 2.8  Med: 8.90 Max: 99999999.99
Current: 7.81
2.8
99999999.99
Shiller P/E 4.40
CIG's Shiller P/E is ranked higher than
96% of the 348 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 18.94 vs. CIG: 4.40 )
Ranked among companies with meaningful Shiller P/E only.
CIG' s 10-Year Shiller P/E Range
Min: 4.4  Med: 8.08 Max: 9103195.07
Current: 4.4
4.4
9103195.07
Current Ratio 0.65
CIG's Current Ratio is ranked lower than
83% of the 585 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.11 vs. CIG: 0.65 )
Ranked among companies with meaningful Current Ratio only.
CIG' s 10-Year Current Ratio Range
Min: 0.64  Med: 0.89 Max: 1.32
Current: 0.65
0.64
1.32
Quick Ratio 0.64
CIG's Quick Ratio is ranked lower than
76% of the 585 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.03 vs. CIG: 0.64 )
Ranked among companies with meaningful Quick Ratio only.
CIG' s 10-Year Quick Ratio Range
Min: 0.64  Med: 0.88 Max: 1.31
Current: 0.64
0.64
1.31
Days Inventory 1.00
CIG's Days Inventory is ranked higher than
91% of the 528 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 22.94 vs. CIG: 1.00 )
Ranked among companies with meaningful Days Inventory only.
CIG' s 10-Year Days Inventory Range
Min: 0.86  Med: 1.79 Max: 5.52
Current: 1
0.86
5.52
Days Sales Outstanding 51.68
CIG's Days Sales Outstanding is ranked lower than
51% of the 467 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 51.10 vs. CIG: 51.68 )
Ranked among companies with meaningful Days Sales Outstanding only.
CIG' s 10-Year Days Sales Outstanding Range
Min: 36.56  Med: 65.29 Max: 110.5
Current: 51.68
36.56
110.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.13
CIG's Dividend Yield is ranked higher than
77% of the 864 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.57 vs. CIG: 4.13 )
Ranked among companies with meaningful Dividend Yield only.
CIG' s 10-Year Dividend Yield Range
Min: 2.26  Med: 4.37 Max: 10.1
Current: 4.13
2.26
10.1
Dividend Payout 0.40
CIG's Dividend Payout is ranked higher than
69% of the 535 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 9999.00 vs. CIG: 0.40 )
Ranked among companies with meaningful Dividend Payout only.
CIG' s 10-Year Dividend Payout Range
Min: 0.17  Med: 0.37 Max: 0.47
Current: 0.4
0.17
0.47
Yield on cost (5-Year) 4.13
CIG's Yield on cost (5-Year) is ranked higher than
69% of the 864 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 4.33 vs. CIG: 4.13 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
CIG' s 10-Year Yield on cost (5-Year) Range
Min: 2.26  Med: 4.37 Max: 10.1
Current: 4.13
2.26
10.1
Share Buyback Rate -9.40
CIG's Share Buyback Rate is ranked lower than
79% of the 335 Companies
in the Global Utilities - Diversified industry.

( Industry Median: -1.50 vs. CIG: -9.40 )
Ranked among companies with meaningful Share Buyback Rate only.
CIG' s 10-Year Share Buyback Rate Range
Min: 85.5  Med: -8.00 Max: -698.9
Current: -9.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.93
CIG's Price/Tangible Book is ranked higher than
56% of the 524 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.80 vs. CIG: 0.93 )
Ranked among companies with meaningful Price/Tangible Book only.
CIG' s 10-Year Price/Tangible Book Range
Min: 1.6  Med: 3.45 Max: 1025641.03
Current: 0.93
1.6
1025641.03
Price/Projected FCF 0.42
CIG's Price/Projected FCF is ranked higher than
66% of the 283 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.50 vs. CIG: 0.42 )
Ranked among companies with meaningful Price/Projected FCF only.
CIG' s 10-Year Price/Projected FCF Range
Min: 0.81  Med: 1.38 Max: 2.7
Current: 0.42
0.81
2.7
Price/Median PS Value 0.44
CIG's Price/Median PS Value is ranked lower than
70% of the 525 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.03 vs. CIG: 0.44 )
Ranked among companies with meaningful Price/Median PS Value only.
CIG' s 10-Year Price/Median PS Value Range
Min: 0.66  Med: 1.15 Max: 920061.28
Current: 0.44
0.66
920061.28
Price/Graham Number 0.35
CIG's Price/Graham Number is ranked higher than
87% of the 395 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.19 vs. CIG: 0.35 )
Ranked among companies with meaningful Price/Graham Number only.
CIG' s 10-Year Price/Graham Number Range
Min: 0.66  Med: 0.96 Max: 664893.62
Current: 0.35
0.66
664893.62
Earnings Yield (Greenblatt) (%) 13.19
CIG's Earnings Yield (Greenblatt) (%) is ranked higher than
86% of the 590 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 6.10 vs. CIG: 13.19 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
CIG' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 6.3  Med: 12.80 Max: 35.9
Current: 13.19
6.3
35.9
Forward Rate of Return (Yacktman) (%) 2.64
CIG's Forward Rate of Return (Yacktman) (%) is ranked lower than
52% of the 352 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.94 vs. CIG: 2.64 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
CIG' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -0.5  Med: 12.60 Max: 41.1
Current: 2.64
-0.5
41.1

Business Description

Industry: Utilities - Regulated » Utilities - Diversified
Compare:GDFZY, NWE, ENLAY, EONGY, ECIFY » details
Traded in other countries:XCMIG.Spain, CID.Germany, CIDA.Germany, CIGN.Mexico, CMIG3.Brazil, CMIG4.Brazil, CEMCF.USA,
Energy Company of Minas Gerais was organized in Minas Gerais, Brazil on May 22, 1952. The Company is engaged in the electric power transmission business, which consists of transporting electric power from the facilities where it is generated to the distribution networks for delivery to end users. It transports energy produced at its own generation facilities as well as energy that it purchases from Itaipu, the interconnected power system and other concessionaires. The Company's transmission network is comprised of power transmission lines with a voltage capacity equal to or greater than 230 kV and is part of the national transmission grid regulated by the ONS. Fluvial water is the main raw material used for the production of energy, representing 96% of the total raw materials used. Its main raw material expense is the purchase of fuel oil, which is consumed by its three thermoelectric plants in the electricity generation process. It also engages in the following businesses: distributing natural gas in Minas Gerais through its subsidiary Gasmig; telecommunications through its consolidated subsidiary Cemig Telecomunicações S.A and national and international energy solutions consulting business through its subsidiary Efficient S.A. and implementation and management of systems for electricity sector companies through its subsidiary Axxiom Solucoes Tecnologicas S.A.. The Company is subject to governmental legislation and regulation.
» More Articles for CIG

Headlines

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