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11.41 (1y: -25%)
Market Cap 11.01 B P/E(ttm) 4.70
Enterprise Value 16.79 B P/B 1.67
CIG- NYSE (USA)
Energy Company of Minas Gerais
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$11.41
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 4/10

vs
industry		 vs
history
Cash to Debt 0.204
CIG's Cash to Debt is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.19 vs. CIG: 0.204 )
CIG' s 10-Year Cash to Debt Range
Min: 0.04   Max: 0.42
Current: 0.2
0.04
0.42
Equity to Asset 0.174
CIG's Equity to Asset is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.31 vs. CIG: 0.174 )
CIG' s 10-Year Equity to Asset Range
Min: 0.17   Max: 0.64
Current: 0.17
0.17
0.64
Interest Coverage No Debt
CIG's Interest Coverage is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.70 vs. CIG: No Debt )
CIG' s 10-Year Interest Coverage Range
Min: 1   Max: No Debt
Current: No Debt
F-Score: 6
Z-Score: 1.38
M-Score: -4.12
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 6/10

vs
industry		 vs
history
Operating margin (%) 20.70
CIG's Operating margin (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 11.00 vs. CIG: 20.70 )
CIG' s 10-Year Operating margin (%) Range
Min: -11.8   Max: 28.4
Current: 20.7
-11.8
28.4
Net-margin (%) 23.1
CIG's Net-margin (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.00 vs. CIG: 23.1 )
CIG' s 10-Year Net-margin (%) Range
Min: -14.4   Max: 24.1
Current: 23.1
-14.4
24.1
ROE (%) 35.5
CIG's ROE (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.40 vs. CIG: 35.5 )
CIG' s 10-Year ROE (%) Range
Min: -9.5   Max: 35.5
Current: 35.5
-9.5
35.5
ROA (%) 10.5
CIG's ROA (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.60 vs. CIG: 10.5 )
CIG' s 10-Year ROA (%) Range
Min: -5.2   Max: 10.5
Current: 10.5
-5.2
10.5
ROC (Joel Greenblatt) (%) 33.20
CIG's ROC (Joel Greenblatt) (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 7.40 vs. CIG: 33.20 )
CIG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -6.1   Max: 39.2
Current: 33.2
-6.1
39.2
Revenue Growth (%) 5.5
CIG's Revenue Growth (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.00 vs. CIG: 5.5 )
CIG' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 400.6
Current: 5.5
0
400.6
EBITDA Growth (%) 10.7
CIG's EBITDA Growth (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.00 vs. CIG: 10.7 )
CIG' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 12.8
Current: 10.7
0
12.8
EPS Growth (%) 24.8
CIG's EPS Growth (%) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.00 vs. CIG: 24.8 )
CIG' s 10-Year EPS Growth (%) Range
Min: 0   Max: 340.6
Current: 24.8
0
340.6
ยป CIG's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

CIG Guru Trades in Q2 2012

Jim Simons 671,159 sh (New)
Manning & Napier Advisors, Inc 59,880 sh (+95.27%)
Steven Cohen 28,035 sh (+60.88%)
Jeremy Grantham 1,007,674 sh (+54.31%)
Pioneer Investments 140,683 sh (+25%)
Ken Fisher Sold Out
Bruce Kovner Sold Out
» More
Q3 2012

CIG Guru Trades in Q3 2012

Bruce Kovner 20,000 sh (New)
Howard Marks 432,649 sh (New)
Jim Simons 2,678,959 sh (+299.15%)
Steven Cohen 37,460 sh (+33.62%)
Manning & Napier Advisors, Inc 60,678 sh (+1.33%)
Pioneer Investments Sold Out
Signature Select Canadian Fund Sold Out
Jeremy Grantham 916,200 sh (-9.08%)
» More
Q4 2012

CIG Guru Trades in Q4 2012

Manning & Napier Advisors, Inc 62,356 sh (+2.77%)
Jeremy Grantham 28,000 sh (unchged)
Bruce Kovner Sold Out
Steven Cohen 36,993 sh (-1.25%)
Howard Marks 335,944 sh (-22.35%)
Jim Simons 1,891,359 sh (-29.4%)
» More
Q1 2013

CIG Guru Trades in Q1 2013

Jeremy Grantham 304,700 sh (+988.21%)
Manning & Napier Advisors, Inc 68,523 sh (+9.89%)
Howard Marks 335,944 sh (unchged)
Steven Cohen Sold Out
Jim Simons Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CIG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Hussman 2012-03-31 Sold Out 0.01%$17.58 - $24.29 $ 11.41-43%0
John Hussman 2011-03-31 New Buy0.01%$15.9 - $19.2 $ 11.41-33%25000
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of Energy Company of Minas Gerais

SymbolPriceYieldDescription
XCMIG.Spain8.846.85
CIDA.Germany8.543.90

Top Ranked Articles about Energy Company of Minas Gerais

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Ratios

vs
industry		 vs
history
P/E(ttm) 4.70
CIG's P/E(ttm) is ranked lower than
77% of the 320 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 18.30 vs. CIG: 4.70 )
CIG' s 10-Year P/E(ttm) Range
Min: 1.46   Max: 485.02
Current: 4.7
1.46
485.02
P/B 1.67
CIG's P/B is ranked lower than
69% of the 356 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.60 vs. CIG: 1.67 )
CIG' s 10-Year P/B Range
Min: 0.31   Max: 2.87
Current: 1.67
0.31
2.87
P/S 1.10
CIG's P/S is ranked lower than
67% of the 365 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.47 vs. CIG: 1.10 )
CIG' s 10-Year P/S Range
Min: 0.41   Max: 4.18
Current: 1.1
0.41
4.18
PFCF 24.80
CIG's PFCF is ranked lower than
110% of the 222 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 20.44 vs. CIG: 24.80 )
CIG' s 10-Year PFCF Range
Min: 1.62   Max: 456.35
Current: 24.8
1.62
456.35
EV-to-EBIT 8.87
CIG's EV-to-EBIT is ranked lower than
76% of the 321 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 15.90 vs. CIG: 8.87 )
CIG' s 10-Year EV-to-EBIT Range
Min: 2.2   Max: 19983.1
Current: 8.87
2.2
19983.1
PEG 0.44
CIG's PEG is ranked lower than
135% of the 181 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.50 vs. CIG: 0.44 )
CIG' s 10-Year PEG Range
Min: 0.1   Max: 4.79
Current: 0.44
0.1
4.79
Shiller P/E 8.51
CIG's Shiller P/E is ranked lower than
100% of the Companies
in the Global Utilities - Diversified industry.

( Industry Median: vs. CIG: 8.51 )
CIG' s 10-Year Shiller P/E Range
Min: 7.14   Max: 36.67
Current: 8.51
7.14
36.67

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 4.87
CIG's Dividend Yield is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.20 vs. CIG: 4.87 )
CIG' s 10-Year Dividend Yield Range
Min: 0.35   Max: 19.4
Current: 4.87
0.35
19.4
Dividend Payout 0.5
CIG's Dividend Payout is ranked lower than
102% of the 241 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.52 vs. CIG: 0.5 )
CIG' s 10-Year Dividend Payout Range
Min: 0.42   Max: 657.47
Current: 0.5
0.42
657.47
Dividend growth (3y) 15.1
CIG's Dividend growth (3y) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.00 vs. CIG: 15.1 )
CIG' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 45.2
Current: 15.1
0
45.2
Yield on cost (5-Year) 8.91
CIG's Yield on cost (5-Year) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.95 vs. CIG: 8.91 )
CIG' s 10-Year Yield on cost (5-Year) Range
Min: 0.64   Max: 35.27
Current: 8.91
0.64
35.27
Share Buyback Rate 0.1
CIG's Share Buyback Rate is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: -0.10 vs. CIG: 0.1 )
CIG' s 10-Year Share Buyback Rate Range
Min: 77.9   Max: -5.8
Current: 0.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 4.8
CIG's Price/Net Current Asset Value is ranked lower than
88% of the 277 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 14.70 vs. CIG: 4.8 )
CIG' s 10-Year Price/Net Current Asset Value Range
Min: 4.6   Max: 10.4
Current: 4.8
4.6
10.4
Price/Tangible Book 2.6
CIG's Price/Tangible Book is ranked lower than
73% of the 335 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.80 vs. CIG: 2.6 )
CIG' s 10-Year Price/Tangible Book Range
Min: 1.4   Max: 620.9
Current: 2.6
1.4
620.9
Price/DCF (Projected) 0.7
CIG's Price/DCF (Projected) is ranked lower than
149% of the 164 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 2.00 vs. CIG: 0.7 )
CIG' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 1.1
Current: 0.7
0.2
1.1
Price/Median PS Value 0.7
CIG's Price/Median PS Value is ranked lower than
69% of the 353 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.10 vs. CIG: 0.7 )
CIG' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 2.4
Current: 0.7
0.4
2.4
Price/Graham Number 0.5
CIG's Price/Graham Number is ranked lower than
82% of the 297 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 1.30 vs. CIG: 0.5 )
CIG' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 243.6
Current: 0.5
0.4
243.6
Earnings Yield (Greenblatt) 11.30
CIG's Earnings Yield (Greenblatt) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 5.50 vs. CIG: 11.30 )
CIG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.1   Max: 46.1
Current: 11.3
5.1
46.1
Forward Rate of Return (Yacktman) 9.98
CIG's Forward Rate of Return (Yacktman) is ranked lower than
273224% of the 366 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.00 vs. CIG: 9.98 )
CIG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 3.1   Max: 71.6
Current: 9.98
3.1
71.6

Business Description

Companhia Energetica de 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 Empresa de Infovias S.A., a company created for the purpose of providing a fiber-optics and coaxial cable network installed along its transmission and distribution lines through which telecommunication services could be provided and national and international consulting business through its subsidiary Efficientia S.A. and implementation and management of systems for electricity sector companies (generation, distribution and transmission) through its subsidiary Axxiom Solucoes Tecnologicas S.A., The Company is subject to governmental legislation and regulation.
Company Website
Industry: Utilities - Diversified
Compare:GDFZY, NWE, ENLAY, EONGY, ECIFY
Traded in other countries:XCMIG.Spain, CID.Germany, CIDA.Germany
ยป More Articles for NYSE:CIG

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