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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

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industry
vs
history
Cash to Debt 0.28
CIG's Cash to Debt is ranked higher than
79% of the 825 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.20 vs. CIG: 0.28 )
CIG' s 10-Year Cash to Debt Range
Min: 0.04   Max: No Debt
Current: 0.28

Equity to Asset 0.39
CIG's Equity to Asset is ranked higher than
78% of the 819 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.34 vs. CIG: 0.39 )
CIG' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.54
Current: 0.39

0.32
0.54
Interest Coverage 2.84
CIG's Interest Coverage is ranked higher than
68% of the 531 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.47 vs. CIG: 2.84 )
CIG' s 10-Year Interest Coverage Range
Min: 0.78   Max: 10.48
Current: 2.84

0.78
10.48
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

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industry
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history
Operating margin (%) 26.81
CIG's Operating margin (%) is ranked higher than
93% of the 847 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 12.84 vs. CIG: 26.81 )
CIG' s 10-Year Operating margin (%) Range
Min: -11.83   Max: 30.37
Current: 26.81

-11.83
30.37
Net-margin (%) 21.24
CIG's Net-margin (%) is ranked higher than
94% of the 847 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.45 vs. CIG: 21.24 )
CIG' s 10-Year Net-margin (%) Range
Min: -14.36   Max: 30.22
Current: 21.24

-14.36
30.22
ROE (%) 27.78
CIG's ROE (%) is ranked higher than
98% of the 844 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.61 vs. CIG: 27.78 )
CIG' s 10-Year ROE (%) Range
Min: -9.16   Max: 36.68
Current: 27.78

-9.16
36.68
ROA (%) 11.65
CIG's ROA (%) is ranked higher than
99% of the 853 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.95 vs. CIG: 11.65 )
CIG' s 10-Year ROA (%) Range
Min: -5.37   Max: 12.28
Current: 11.65

-5.37
12.28
ROC (Joel Greenblatt) (%) 77.24
CIG's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 851 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.36 vs. CIG: 77.24 )
CIG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -12.03   Max: 56.95
Current: 77.24

-12.03
56.95
Revenue Growth (%) -6.70
CIG's Revenue Growth (%) is ranked higher than
59% of the 752 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 4.30 vs. CIG: -6.70 )
CIG' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 849.9
Current: -6.7

0
849.9
EBITDA Growth (%) -4.30
CIG's EBITDA Growth (%) is ranked higher than
66% of the 725 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.10 vs. CIG: -4.30 )
CIG' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 658.9
Current: -4.3

0
658.9
EPS Growth (%) 1.80
CIG's EPS Growth (%) is ranked higher than
74% of the 642 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.90 vs. CIG: 1.80 )
CIG' s 10-Year EPS Growth (%) Range
Min: 0   Max: 638.3
Current: 1.8

0
638.3
» CIG's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

CIG Guru Trades in Q3 2013

Jeremy Grantham 1,423,112 sh (New)
» More
Q4 2013

CIG Guru Trades in Q4 2013

Steven Cohen 33,371 sh (New)
Paul Tudor Jones 47,057 sh (New)
Jeremy Grantham 4,782,717 sh (+236.07%)
» More
Q1 2014

CIG Guru Trades in Q1 2014

David Dreman 1,122,317 sh (New)
Jeremy Grantham 9,339,061 sh (+49.33%)
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
» More
Q2 2014

CIG Guru Trades in Q2 2014

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

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
David Dreman 2014-06-30 Reduce -24.44%0.14%$6.69 - $8.4 $ 6.09-18%848016
David Dreman 2014-03-31 New Buy0.59%$5.28 - $6.8 $ 6.096%1122317
Ken Fisher 2012-06-30 Sold Out 0.03%$12.91 - $19.88 $ 6.09-62%0
Ken Fisher 2012-03-31 Add 31.27%0.01%$13.44 - $18.58 $ 6.09-60%508357
John Hussman 2012-03-31 Sold Out 0.01%$13.44 - $18.58 $ 6.09-60%0
Ken Fisher 2011-12-31 Add 23.84%$11.06 - $13.96 $ 6.09-52%387257
Ken Fisher 2011-09-30 Reduce -39.49%0.01%$11.57 - $15.69 $ 6.09-56%312697
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Energy Company of Minas Gerais

SymbolPriceYieldDescription
XCMIG.Spain4.915.85
CIDA.Germany5.145.74
CEMCF0.000.00
CMIG4.Brazil15.035.94

Ratios

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industry
vs
history
P/E(ttm) 7.80
CIG's P/E(ttm) is ranked higher than
97% of the 892 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 20.00 vs. CIG: 7.80 )
CIG' s 10-Year P/E(ttm) Range
Min: 0   Max: 9.1
Current: 7.8

0
9.1
P/B 1.57
CIG's P/B is ranked higher than
75% of the 892 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.53 vs. CIG: 1.57 )
CIG' s 10-Year P/B Range
Min: 0   Max: 1.7
Current: 1.57

0
1.7
P/S 1.63
CIG's P/S is ranked higher than
76% of the 892 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.55 vs. CIG: 1.63 )
CIG' s 10-Year P/S Range
Min: 0   Max: 1.9
Current: 1.63

0
1.9
Current Ratio 0.84
CIG's Current Ratio is ranked higher than
69% of the 839 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.03 vs. CIG: 0.84 )
CIG' s 10-Year Current Ratio Range
Min: 0.6   Max: 1.67
Current: 0.84

0.6
1.67
Quick Ratio 0.84
CIG's Quick Ratio is ranked higher than
74% of the 839 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.92 vs. CIG: 0.84 )
CIG' s 10-Year Quick Ratio Range
Min: 0.59   Max: 1.66
Current: 0.84

0.59
1.66

Dividend & Buy Back

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industry
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history
Dividend Yield 6.28
CIG's Dividend Yield is ranked higher than
95% of the 748 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.28 vs. CIG: 6.28 )
CIG' s 10-Year Dividend Yield Range
Min: 0   Max: 0
Current: 6.28

Dividend Payout 0.40
CIG's Dividend Payout is ranked higher than
83% of the 892 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.72 vs. CIG: 0.40 )
CIG' s 10-Year Dividend Payout Range
Min: 0.71   Max: 4.61
Current: 0.4

0.71
4.61
Dividend growth (3y) -26.60
CIG's Dividend growth (3y) is ranked higher than
63% of the 563 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.60 vs. CIG: -26.60 )
CIG' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 37.1
Current: -26.6

0
37.1
Yield on cost (5-Year) 6.20
CIG's Yield on cost (5-Year) is ranked higher than
90% of the 754 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.49 vs. CIG: 6.20 )
CIG' s 10-Year Yield on cost (5-Year) Range
Min: 0   Max: 0
Current: 6.2

Share Buyback Rate -9.40
CIG's Share Buyback Rate is ranked higher than
63% of the 585 Companies
in the Global Utilities - Diversified industry.

( Industry Median: -1.60 vs. CIG: -9.40 )
CIG' s 10-Year Share Buyback Rate Range
Min: 90.7   Max: -12.9
Current: -9.4

Valuation & Return

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industry
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history

Business Description

Industry: Utilities - Regulated » Utilities - Diversified
Compare:GDFZY, NWE, ENLAY, EONGY, ECIFY » details
Traded in other countries:XCMIG.Spain, CID.Germany, CIDA.Germany, CMIG3.Brazil, CMIG4.Brazil, CIGN.Mexico
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. Water is the main raw material used for the production of energy, representing 97% 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 majority-owned subsidiary Gasmig; telecommunications through.its consolidated subsidiary Cemig Telecomunicações S.A and national and international 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 NYSE:CIG

Headlines

Articles On GuruFocus.com
Gurus Active in Three Stocks on 52-week Low Dec 31 2013 
9 Stocks With Yields Over 10% And Buy Or Better Rating Aug 17 2013 
9 Stocks with Double-Digit Yields and Buy or Better Recommendations Jul 17 2013 
Weekly 3-Year Low Highlight: PTR, CIG, USM, CLI Jun 20 2013 
Comment for Energy Company of Minas Gerais (CIG) Analysis and Valuations - GuruFocus.com May 02 2013 
Three Of My Favorite Safe Haven Utilities With Best Dividend Yields Apr 06 2013 
Weekly Guru Bargains Highlights: WU, MNST, CIG, MMP, SWKS Jan 28 2013 
Weekly Guru Bargains Highlights: CIG, ARO, NKE, DLTR, HAE Jan 13 2013 
20 of the Most Recommended Utilities at the Market Jan 08 2013 
Dividend Dec 27 2012 

More From Other Websites
CDP rates Cemig Brazilian leader in climate change management transparency Oct 20 2014
Comments on media reports of funding Oct 15 2014
Conclusion of increase in Cemig’s stake in Gasmig Oct 15 2014
Cemig’s legal action on the Jaguara plant concession: update on the judgment Oct 15 2014
Mid-Morning Market Update: Markets Mostly Flat; Costco Posts Upbeat Earnings Oct 08 2014
Companhia Energ (CIG) in Focus: Stock Rises 9% Oct 08 2014
Markets Tumble; SodaStream Issues Downbeat Revenue Forecast Oct 07 2014
COPEL's Near-term Risks Overweigh Long-term Prospects Oct 01 2014
Dow Jumps 170 Points; Bed Bath & Beyond Shares Rise On Upbeat Results Sep 24 2014
CEMIG Extraordinary Dividend's 2nd Half Due, Gains 1.6% Sep 24 2014
Dow Falls Over 100 Points; Ulta Salon Shares Jump After Earnings Report Sep 12 2014
Markets Open Lower; Barnes & Noble Reports Narrower Loss Sep 09 2014
Petrobras Seeks Higher Output While Costs Steepen Sep 08 2014
Market Reduces Brazil Growth Forecast After Weak 2Q Sep 01 2014
CEMIG Long-term Growth Looks Good, Near-term Risks Prevail Aug 29 2014
Video Webcast Alert: Companhia Energetica de Minas Gerais - CEMIG announces Video Webcast and... Aug 18 2014
COPEL Q2 Earnings Fall on Higher Expenses, Revenues Up Y/Y Aug 14 2014
Indices Remain Mixed; Merck Beats Expectations Jul 29 2014
Herbalife Falls On Downbeat Results; Windstream Shares Spike Higher Jul 29 2014
Markets Open Higher; Merck Posts Upbeat Profit Jul 29 2014

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