Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) EV-to-EBIT

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 10.73 [6] => 6.10 [7] => 6.69 [8] => 5.80 [9] => 6.41 )

Cia Energetica DE Minas Gerais - Cemig Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
EV-to-EBIT							10.73	6.10	6.69	5.80	6.41

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
EV-to-EBIT																8.31	6.41	7.00	5.77	5.61

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

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

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT falls into.

Cia Energetica DE Minas Gerais - Cemig EV-to-EBIT Calculation

Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT for today is calculated as:

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is $6,891 Mil.
Cia Energetica DE Minas Gerais - Cemig's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,738 Mil.

* 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.

Cia Energetica DE Minas Gerais - Cemig  (NYSE:CIG) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Cia Energetica DE Minas Gerais - Cemig's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Cia Energetica DE Minas Gerais - Cemig's Enterprise Value for the quarter that ended in Sep. 2023 was $6,848 Mil.
Cia Energetica DE Minas Gerais - Cemig's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,738 Mil.

* 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.

Cia Energetica DE Minas Gerais - Cemig EV-to-EBIT Related Terms

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