Energy Company of Minas Gerais (Energy Company of Minas Gerais) EV-to-EBIT : 1.25 (As of May. 12, 2024)

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What is Energy Company of Minas Gerais EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Energy Company of Minas Gerais's Enterprise Value is $1,954 Mil. Energy Company of Minas Gerais's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,568 Mil. Therefore, Energy Company of Minas Gerais's EV-to-EBIT for today is 1.25.

The historical rank and industry rank for Energy Company of Minas Gerais's EV-to-EBIT or its related term are showing as below:

CEMCF' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.88 Med: 5.3 Max: 12.67
Current: 4.88

During the past 13 years, the highest EV-to-EBIT of Energy Company of Minas Gerais was 12.67. The lowest was 1.88. And the median was 5.30.

CEMCF's EV-to-EBIT is ranked better than
84.43% of 469 companies
in the Utilities - Regulated industry
Industry Median: 13.58 vs CEMCF: 4.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Energy Company of Minas Gerais's Enterprise Value for the quarter that ended in Dec. 2023 was $0 Mil. Energy Company of Minas Gerais's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,568 Mil. Energy Company of Minas Gerais's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

Energy Company of Minas Gerais EV-to-EBIT Historical Data

The historical data trend for Energy Company of Minas Gerais's EV-to-EBIT 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.

* Premium members only.

Energy Company of Minas Gerais EV-to-EBIT Chart

Energy Company of Minas Gerais Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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6.05

6.69

6.63

8.36

5.13

Energy Company of Minas Gerais Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															8.36	9.23	7.01	6.78	5.13

Competitive Comparison of Energy Company of Minas Gerais's EV-to-EBIT

For the Utilities - Diversified subindustry, Energy Company of Minas Gerais'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.

Energy Company of Minas Gerais's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energy Company of Minas Gerais's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Energy Company of Minas Gerais's EV-to-EBIT falls into.

Energy Company of Minas Gerais EV-to-EBIT Calculation

Energy Company of Minas Gerais's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1954.100	/	1567.922
	=	1.25

Energy Company of Minas Gerais's current Enterprise Value is $1,954 Mil.
Energy Company of Minas Gerais's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,568 Mil.

Energy Company of Minas Gerais (OTCPK:CEMCF) 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) %.

Energy Company of Minas Gerais's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	1567.922	/	0
	=	%

Energy Company of Minas Gerais's Enterprise Value for the quarter that ended in Dec. 2023 was $0 Mil.
Energy Company of Minas Gerais's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,568 Mil.

Energy Company of Minas Gerais EV-to-EBIT Related Terms

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Energy Company of Minas Gerais (Energy Company of Minas Gerais) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Energy Company of Minas Gerais (OTCPK:CEMCF) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIG: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.