Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) FCF Yield % : 21.90 (As of Apr. 27, 2024)

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What is Cia Energetica DE Minas Gerais - Cemig FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Cia Energetica DE Minas Gerais - Cemig's Trailing 12-Month Free Cash Flow is $1,171 Mil, and Market Cap is $5,347 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's FCF Yield % for today is 21.90%.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's FCF Yield % or its related term are showing as below:

CIG' s FCF Yield % Range Over the Past 10 Years
Min: -35.47 Med: 11.7 Max: 39.9
Current: 21.9

During the past 13 years, the highest FCF Yield % of Cia Energetica DE Minas Gerais - Cemig was 39.90%. The lowest was -35.47%. And the median was 11.70%.

CIG's FCF Yield % is ranked better than
90.02% of 521 companies
in the Utilities - Regulated industry
Industry Median: 2.98 vs CIG: 21.90

Cia Energetica DE Minas Gerais - Cemig's FCF Margin % for the quarter that ended in Sep. 2023 was 5.47%.

Cia Energetica DE Minas Gerais - Cemig FCF Yield % Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cia Energetica DE Minas Gerais - Cemig FCF Yield % Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

FCF Yield %

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0.64

5.07

37.49

14.84

26.97

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
FCF Yield %	Get a 7-Day Free Trial															55.47	52.72	3.52	30.03	7.85

Competitive Comparison of Cia Energetica DE Minas Gerais - Cemig's FCF Yield %

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cia Energetica DE Minas Gerais - Cemig's FCF Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's FCF Yield % falls into.

Cia Energetica DE Minas Gerais - Cemig FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Cia Energetica DE Minas Gerais - Cemig's FCF Yield % for the fiscal year that ended in Dec. 2022 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	1204.865	/	4467.0556
	=	26.97%

Cia Energetica DE Minas Gerais - Cemig's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	104.481	*	4	/	5325.2584
	=	7.85%

Cia Energetica DE Minas Gerais - Cemig FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Cia Energetica DE Minas Gerais - Cemig FCF Yield % Related Terms

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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.