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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 higher than
73% of the 1143 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.20 vs. CIG: 0.20 )
CIG' s 10-Year Cash to Debt Range
Min: 0.04   Max: 1.52
Current: 0.2

0.04
1.52
Equity to Asset 0.32
CIG's Equity to Asset is ranked higher than
72% of the 1129 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.32 vs. CIG: 0.32 )
CIG' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.64
Current: 0.32

0.32
0.64
Interest Coverage 5.47
CIG's Interest Coverage is ranked higher than
77% of the 602 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.68 vs. CIG: 5.47 )
CIG' s 10-Year Interest Coverage Range
Min: 0.78   Max: 10.48
Current: 5.47

0.78
10.48
WACC vs ROIC
7.41%
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
91% of the 1169 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 12.77 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 1169 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.18 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 (%) 33.34
CIG's ROE (%) is ranked higher than
98% of the 1163 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.99 vs. CIG: 33.34 )
CIG' s 10-Year ROE (%) Range
Min: -9.16   Max: 36.68
Current: 33.34

-9.16
36.68
ROA (%) 13.98
CIG's ROA (%) is ranked higher than
98% of the 1184 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.99 vs. CIG: 13.98 )
CIG' s 10-Year ROA (%) Range
Min: -5.37   Max: 12.28
Current: 13.98

-5.37
12.28
ROC (Joel Greenblatt) (%) 92.69
CIG's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 1180 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.70 vs. CIG: 92.69 )
CIG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -12.03   Max: 89.59
Current: 92.69

-12.03
89.59
Revenue Growth (3Y)(%) -1.70
CIG's Revenue Growth (3Y)(%) is ranked higher than
63% of the 1010 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.50 vs. CIG: -1.70 )
CIG' s 10-Year Revenue Growth (3Y)(%) Range
Min: -86.2   Max: 724.5
Current: -1.7

-86.2
724.5
EBITDA Growth (3Y)(%) -8.90
CIG's EBITDA Growth (3Y)(%) is ranked higher than
63% of the 962 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.40 vs. CIG: -8.90 )
CIG' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 730.1
Current: -8.9

0
730.1
EPS Growth (3Y)(%) -0.30
CIG's EPS Growth (3Y)(%) is ranked higher than
72% of the 860 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.60 vs. CIG: -0.30 )
CIG' s 10-Year EPS Growth (3Y)(%) Range
Min: -76.2   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
CIG4.673.26ADR
CID.Germany4.503.24ADR

Ratios

vs
industry
vs
history
P/E(ttm) 9.00
CIG's P/E(ttm) is ranked higher than
95% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 21.10 vs. CIG: 9.00 )
CIG' s 10-Year P/E(ttm) Range
Min: 4.25   Max: 17462619.86
Current: 9

4.25
17462619.86
PE(NRI) 9.10
CIG's PE(NRI) is ranked higher than
95% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 20.80 vs. CIG: 9.10 )
CIG' s 10-Year PE(NRI) Range
Min: 4.26   Max: 17342778.36
Current: 9.1

4.26
17342778.36
P/B 1.69
CIG's P/B is ranked higher than
73% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.71 vs. CIG: 1.69 )
CIG' s 10-Year P/B Range
Min: 0.95   Max: 2325682.11
Current: 1.69

0.95
2325682.11
P/S 2.29
CIG's P/S is ranked higher than
57% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.55 vs. CIG: 2.29 )
CIG' s 10-Year P/S Range
Min: 0.83   Max: 1933293.32
Current: 2.29

0.83
1933293.32
PFCF 5.00
CIG's PFCF is ranked higher than
98% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.00 vs. CIG: 5.00 )
CIG' s 10-Year PFCF Range
Min: 3.09   Max: 42575099.32
Current: 5

3.09
42575099.32
POCF 3.67
CIG's POCF is ranked higher than
94% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 8.46 vs. CIG: 3.67 )
CIG' s 10-Year POCF Range
Min: 2.03   Max: 6376887.12
Current: 3.67

2.03
6376887.12
EV-to-EBIT 9.63
CIG's EV-to-EBIT is ranked higher than
92% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 18.01 vs. CIG: 9.63 )
CIG' s 10-Year EV-to-EBIT Range
Min: 2.8   Max: 99999999.99
Current: 9.63

2.8
99999999.99
Shiller P/E 5.61
CIG's Shiller P/E is ranked higher than
98% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 28.17 vs. CIG: 5.61 )
CIG' s 10-Year Shiller P/E Range
Min: 5.1   Max: 8902389.3
Current: 5.61

5.1
8902389.3
Current Ratio 0.65
CIG's Current Ratio is ranked higher than
58% of the 1143 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.09 vs. CIG: 0.65 )
CIG' s 10-Year Current Ratio Range
Min: 0.64   Max: 1.32
Current: 0.65

0.64
1.32
Quick Ratio 0.64
CIG's Quick Ratio is ranked higher than
61% of the 1143 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.00 vs. CIG: 0.64 )
CIG' s 10-Year Quick Ratio Range
Min: 0.64   Max: 1.31
Current: 0.64

0.64
1.31
Days Inventory 1.00
CIG's Days Inventory is ranked higher than
96% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 30.12 vs. CIG: 1.00 )
CIG' s 10-Year Days Inventory Range
Min: 0.86   Max: 5.52
Current: 1

0.86
5.52
Days Sales Outstanding 51.68
CIG's Days Sales Outstanding is ranked higher than
81% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 67.69 vs. CIG: 51.68 )
CIG' s 10-Year Days Sales Outstanding Range
Min: 36.56   Max: 110.5
Current: 51.68

36.56
110.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.26
CIG's Dividend Yield is ranked higher than
74% of the 1026 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.34 vs. CIG: 3.26 )
CIG' s 10-Year Dividend Yield Range
Min: 2.26   Max: 10.1
Current: 3.26

2.26
10.1
Dividend Payout 0.40
CIG's Dividend Payout is ranked higher than
87% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.82 vs. CIG: 0.40 )
CIG' s 10-Year Dividend Payout Range
Min: 0.17   Max: 0.53
Current: 0.4

0.17
0.53
Yield on cost (5-Year) 3.30
CIG's Yield on cost (5-Year) is ranked higher than
65% of the 1032 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.60 vs. CIG: 3.30 )
CIG' s 10-Year Yield on cost (5-Year) Range
Min: 2.26   Max: 10.1
Current: 3.3

2.26
10.1
Share Buyback Rate -9.40
CIG's Share Buyback Rate is ranked higher than
63% of the 710 Companies
in the Global Utilities - Diversified industry.

( Industry Median: -1.30 vs. CIG: -9.40 )
CIG' s 10-Year Share Buyback Rate Range
Min: 85.5   Max: -698.9
Current: -9.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.95
CIG's Price/Tangible Book is ranked higher than
75% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.60 vs. CIG: 1.95 )
CIG' s 10-Year Price/Tangible Book Range
Min: 0   Max: 0
Current: 1.95

Price/DCF (Projected) 1.38
CIG's Price/DCF (Projected) is ranked higher than
88% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 58.60 vs. CIG: 1.38 )
CIG' s 10-Year Price/DCF (Projected) Range
Min: 0.56   Max: 1.59
Current: 1.38

0.56
1.59
Price/Median PS Value 1.53
CIG's Price/Median PS Value is ranked higher than
59% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.20 vs. CIG: 1.53 )
CIG' s 10-Year Price/Median PS Value Range
Min: 0.65   Max: 913640.12
Current: 1.53

0.65
913640.12
Price/Graham Number 0.77
CIG's Price/Graham Number is ranked higher than
93% of the 1292 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.90 vs. CIG: 0.77 )
CIG' s 10-Year Price/Graham Number Range
Min: 0.66   Max: 664893.62
Current: 0.77

0.66
664893.62
Earnings Yield (Greenblatt) 10.40
CIG's Earnings Yield (Greenblatt) is ranked higher than
91% of the 1171 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 5.90 vs. CIG: 10.40 )
CIG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.3   Max: 35.9
Current: 10.4

6.3
35.9
Forward Rate of Return (Yacktman) 0.45
CIG's Forward Rate of Return (Yacktman) is ranked higher than
73% of the 802 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.27 vs. CIG: 0.45 )
CIG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -0.5   Max: 46.9
Current: 0.45

-0.5
46.9

Business Description

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