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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 : 5/10

vs
industry
vs
history
Cash to Debt 0.28
CIG's Cash to Debt is ranked higher than
78% of the 789 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.18 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
77% of the 796 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.35 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
67% of the 494 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.38 vs. CIG: 2.84 )
CIG' s 10-Year Interest Coverage Range
Min: 0.78   Max: 10.48
Current: 2.84

0.78
10.48
F-Score: 8
Z-Score: 1.64
M-Score: -2.36
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 : 4/10

vs
industry
vs
history
Operating margin (%) 23.22
CIG's Operating margin (%) is ranked higher than
89% of the 816 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 12.83 vs. CIG: 23.22 )
CIG' s 10-Year Operating margin (%) Range
Min: -11.83   Max: 30.37
Current: 23.22

-11.83
30.37
Net-margin (%) 21.22
CIG's Net-margin (%) is ranked higher than
94% of the 816 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.12 vs. CIG: 21.22 )
CIG' s 10-Year Net-margin (%) Range
Min: -14.36   Max: 30.22
Current: 21.22

-14.36
30.22
ROE (%) 24.56
CIG's ROE (%) is ranked higher than
98% of the 811 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.19 vs. CIG: 24.56 )
CIG' s 10-Year ROE (%) Range
Min: -9.53   Max: 36.99
Current: 24.56

-9.53
36.99
ROA (%) 10.41
CIG's ROA (%) is ranked higher than
99% of the 821 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.86 vs. CIG: 10.41 )
CIG' s 10-Year ROA (%) Range
Min: -5.11   Max: 13.12
Current: 10.41

-5.11
13.12
ROC (Joel Greenblatt) (%) 58.38
CIG's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 817 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.89 vs. CIG: 58.38 )
CIG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -5.94   Max: 58.38
Current: 58.38

-5.94
58.38
Revenue Growth (%) -17.10
CIG's Revenue Growth (%) is ranked higher than
55% of the 719 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.50 vs. CIG: -17.10 )
CIG' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 736.3
Current: -17.1

0
736.3
EBITDA Growth (%) -14.80
CIG's EBITDA Growth (%) is ranked higher than
59% of the 701 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.30 vs. CIG: -14.80 )
CIG' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 20.3
Current: -14.8

0
20.3
EPS Growth (%) -9.50
CIG's EPS Growth (%) is ranked higher than
64% of the 614 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.80 vs. CIG: -9.50 )
CIG' s 10-Year EPS Growth (%) Range
Min: 0   Max: 748.7
Current: -9.5

0
748.7
» 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

Paul Tudor Jones 47,057 sh (New)
Steven Cohen 33,371 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 $ 8.5915%848016
David Dreman 2014-03-31 New Buy0.59%$5.28 - $6.8 $ 8.5949%1122317
John Hussman 2012-03-31 Sold Out 0.01%$13.44 - $18.58 $ 8.59-44%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Energy Company of Minas Gerais

SymbolPriceYieldDescription
XCMIG.Spain6.444.46
CIDA.Germany6.604.35
CEMCF0.000.00

Ratios

vs
industry
vs
history
P/E(ttm) 9.20
CIG's P/E(ttm) is ranked higher than
95% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 20.00 vs. CIG: 9.20 )
CIG' s 10-Year P/E(ttm) Range
Min: 3.59   Max: 163.3
Current: 9.2

3.59
163.3
P/S 1.92
CIG's P/S is ranked higher than
58% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.54 vs. CIG: 1.92 )
CIG' s 10-Year P/S Range
Min: 0.49   Max: 3.32
Current: 1.92

0.49
3.32
PFCF 4.45
CIG's PFCF is ranked higher than
97% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 85.80 vs. CIG: 4.45 )
CIG' s 10-Year PFCF Range
Min: 2.02   Max: 241.23
Current: 4.45

2.02
241.23
EV-to-EBIT 6.96
CIG's EV-to-EBIT is ranked higher than
97% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 17.24 vs. CIG: 6.96 )
CIG' s 10-Year EV-to-EBIT Range
Min: 3.3   Max: 26.7
Current: 6.96

3.3
26.7
Shiller P/E 6.87
CIG's Shiller P/E is ranked higher than
99% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 22.93 vs. CIG: 6.87 )
CIG' s 10-Year Shiller P/E Range
Min: 4.43   Max: 53.84
Current: 6.87

4.43
53.84
Current Ratio 0.84
CIG's Current Ratio is ranked higher than
67% of the 609 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.02 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
73% of the 609 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.86 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

vs
industry
vs
history
Dividend Yield 4.45
CIG's Dividend Yield is ranked higher than
80% of the 721 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.12 vs. CIG: 4.45 )
CIG' s 10-Year Dividend Yield Range
Min: 1.2   Max: 14.53
Current: 4.45

1.2
14.53
Dividend Payout 0.40
CIG's Dividend Payout is ranked higher than
82% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.72 vs. CIG: 0.40 )
CIG' s 10-Year Dividend Payout Range
Min: 0.06   Max: 112
Current: 0.4

0.06
112
Dividend growth (3y) -27.50
CIG's Dividend growth (3y) is ranked higher than
62% of the 523 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.40 vs. CIG: -27.50 )
CIG' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 88.7
Current: -27.5

0
88.7
Yield on cost (5-Year) 1.93
CIG's Yield on cost (5-Year) is ranked lower than
70% of the 727 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.26 vs. CIG: 1.93 )
CIG' s 10-Year Yield on cost (5-Year) Range
Min: 0.53   Max: 6.37
Current: 1.93

0.53
6.37
Share Buyback Rate -9.40
CIG's Share Buyback Rate is ranked higher than
62% of the 551 Companies
in the Global Utilities - Diversified industry.

( Industry Median: -1.80 vs. CIG: -9.40 )
CIG' s 10-Year Share Buyback Rate Range
Min: 86.6   Max: -9.4
Current: -9.4

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 0.64
CIG's Price/DCF (Projected) is ranked higher than
96% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.81 vs. CIG: 0.64 )
CIG' s 10-Year Price/DCF (Projected) Range
Min: 0.26   Max: 2.05
Current: 0.64

0.26
2.05
Price/Median PS Value 0.98
CIG's Price/Median PS Value is ranked higher than
82% of the 858 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.07 vs. CIG: 0.98 )
CIG' s 10-Year Price/Median PS Value Range
Min: 0.29   Max: 2.11
Current: 0.98

0.29
2.11
Earnings Yield (Greenblatt) 14.40
CIG's Earnings Yield (Greenblatt) is ranked higher than
96% of the 766 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 6.50 vs. CIG: 14.40 )
CIG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.7   Max: 30.1
Current: 14.4

3.7
30.1
Forward Rate of Return (Yacktman) 7.98
CIG's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 698 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 4.21 vs. CIG: 7.98 )
CIG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.1   Max: 96.9
Current: 7.98

-4.1
96.9

Business Description

Industry: Utilities - Regulated » Utilities - Diversified
Compare:GDFZY, NWE, ENLAY, EONGY, ECIFY » details
Traded in other countries:XCMIG.Spain, CID.Germany, CIDA.Germany
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

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User Comments

Solyom
ReplySolyom - 10 months ago
If FV for p/e set at 15 I get 19. But DFV is 58

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