GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » Peter Lynch Fair Value

Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Peter Lynch Fair Value : $4.65 (As of Apr. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Cia Energetica DE Minas Gerais - Cemig Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Cia Energetica DE Minas Gerais - Cemig's PEG is 1. Cia Energetica DE Minas Gerais - Cemig's 5-Year TTM EBITDA Growth Rate is 11.08. Cia Energetica DE Minas Gerais - Cemig's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was $0.42. Therefore, the Peter Lynch Fair Value for today is $4.65.

As of today (2024-04-26), Cia Energetica DE Minas Gerais - Cemig's share price is $2.41. Cia Energetica DE Minas Gerais - Cemig's Peter Lynch fair value is $4.65. Therefore, Cia Energetica DE Minas Gerais - Cemig's Price to Peter Lynch Fair Value Ratio for today is 0.52.


The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's Peter Lynch Fair Value or its related term are showing as below:

CIG' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.32   Med: 0.53   Max: 1.04
Current: 0.32


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Cia Energetica DE Minas Gerais - Cemig was 1.04. The lowest was 0.32. And the median was 0.53.


CIG's Price-to-Peter-Lynch-Fair-Value is ranked better than
89.11% of 202 companies
in the Utilities - Regulated industry
Industry Median: 1.005 vs CIG: 0.32

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Cia Energetica DE Minas Gerais - Cemig Peter Lynch Fair Value Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Peter Lynch Fair Value 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.

Cia Energetica DE Minas Gerais - Cemig Peter Lynch Fair Value Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.90 4.12

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
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 4.12 4.24 5.83 5.70

Competitive Comparison of Cia Energetica DE Minas Gerais - Cemig's Peter Lynch Fair Value

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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 Price-to-Peter-Lynch-Fair-Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Price-to-Peter-Lynch-Fair-Value falls into.



Cia Energetica DE Minas Gerais - Cemig Peter Lynch Fair Value Calculation

Cia Energetica DE Minas Gerais - Cemig's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 11.08 *0.42
=4.65

Cia Energetica DE Minas Gerais - Cemig's EPS without NRI 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 $0.42.


* 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.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Cia Energetica DE Minas Gerais - Cemig  (NYSE:CIG) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 11.08 instead of 15 in this case.

Cia Energetica DE Minas Gerais - Cemig's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=2.41/4.65
=0.52

* 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 Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Cia Energetica DE Minas Gerais - Cemig's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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

Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Headlines

From GuruFocus

8 Low-Debt Utilities with High Dividend Yield

By Dividend Dividend 08-22-2011

CEMIG FILES 20-F FORM

By PRNewswire PRNewswire 05-16-2023

Weekly Guru Bargains Highlights: CIG, ARO, NKE, DLTR, HAE

By GuruFocus GuruFocus 01-13-2013

Cemig Files 2018 20-F Form with the SEC

By PRNewswire PRNewswire 05-21-2019

Weekly Guru Bargains Highlights: CIG, PWE, VVUS, EBR, ATHN

By GuruFocus GuruFocus 12-03-2012

Large Cap Utilities with Best Dividend Yields

By Dividend Dividend 05-07-2012

Cia Energetica DE Minas Gerais - Cemig's Dividend Analysis

By GuruFocus Research 12-22-2023

A Trio of Stocks Shining as Bargains

By Alberto Abaterusso 01-17-2022