Switch to:

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

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

» CIG.C's 10-Y Financials


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

» Details

Insider Trades

Latest Guru Trades with CIG.C

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

No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Energy Company of Minas Gerais




Dividend & Buy Back

Dividend Yield 9.40
CIG.C's Dividend Yield is ranked higher than
97% of the 829 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.35 vs. CIG.C: 9.40 )
CIG.C' s 10-Year Dividend Yield Range
Min: 0   Max: 0
Current: 9.4

Dividend Payout 0.32
CIG.C's Dividend Payout is ranked higher than
88% of the 995 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 0.71 vs. CIG.C: 0.32 )
CIG.C' s 10-Year Dividend Payout Range
Min: 0   Max: 0
Current: 0.32

Yield on cost (5-Year) 9.40
CIG.C's Yield on cost (5-Year) is ranked higher than
94% of the 834 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 3.65 vs. CIG.C: 9.40 )
CIG.C' s 10-Year Yield on cost (5-Year) Range
Min: 0   Max: 0
Current: 9.4

Valuation & Return


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.

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial