NYSE:CIG (Brazil) Also trade in: Brazil Germany Mexico Spain

Energy Company of Minas Gerais

$ 3.74 0.02 (0.54%)
Volume: 2,293,316 Avg Vol (1m): 3,847,242
Market Cap $: 5.93 Bil Enterprise Value $: 9.43 Bil
P/E (TTM): 16.18 P/B: 1.76
Earnings Power Value 0.94
Net Current Asset Value -2.38
Tangible Book 0.65
Projected FCF 3.37
Median P/S Value 3.49
Graham Number 1.83
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 4/10

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.
Current vs industry vs history
Cash-to-Debt 0.18
Cash-To-Debt ranked lower than
62.81% of 527 companies
in the Utilities - Diversified industry.
Industry Max: 57371.9, Med: 0.23, Min: 0.01
CIG: 0.18
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.04, Med: 0.23, Max: 0.63
Current: 0.18
0.04
0.63
Equity-to-Asset 0.26
Equity-to-Asset ranked lower than
51.11% of 540 companies
in the Utilities - Diversified industry.
Industry Max: 1, Med: 0.37, Min: -36.82
CIG: 0.26
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.24, Med: 0.37, Max: 0.54
Current: 0.26
0.24
0.54
Debt-to-Equity 0.94
Debt-to-Equity ranked higher than
50.00% of 492 companies
in the Utilities - Diversified industry.
Industry Max: 18.48, Med: 0.93, Min: 0.01
CIG: 0.94
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.14, Med: 0.86, Max: 1.34
Current: 0.94
0.14
1.34
Debt-to-EBITDA 3.10
Debt-to-EBITDA ranked higher than
56.17% of 486 companies
in the Utilities - Diversified industry.
Industry Max: 602.61, Med: 3.8, Min: 0.01
CIG: 3.1
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 1.56, Med: 2.74, Max: 4.85
Current: 3.1
1.56
4.85
Interest Coverage 2.47
Interest Coverage ranked lower than
85.80% of 528 companies
in the Utilities - Diversified industry.
Industry Max: 16305.77, Med: 4.89, Min: 0.02
CIG: 2.47
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 1.44, Med: 3.14, Max: 5.49
Current: 2.47
1.44
5.49
Piotroski F-Score 7
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 1.14
DISTRESS
GREY
SAFE
Beneish M-Score -2.55
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 8.05%
WACC 9.98%

Profitability & Growth : 8/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 13.78
Operating Margin ranked lower than
59.70% of 541 companies
in the Utilities - Diversified industry.
Industry Max: 207.01, Med: 14.76, Min: -6925
CIG: 13.78
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 12.48, Med: 20.97, Max: 30.37
Current: 13.78
12.48
30.37
Net Margin % 8.93
Net Margin ranked lower than
62.29% of 541 companies
in the Utilities - Diversified industry.
Industry Max: 5650, Med: 8.05, Min: -5723.74
CIG: 8.93
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 1.78, Med: 16.19, Max: 30.22
Current: 8.93
1.78
30.22
ROE % 13.66
ROE ranked lower than
54.88% of 543 companies
in the Utilities - Diversified industry.
Industry Max: 199991.92, Med: 8.66, Min: -1195.01
CIG: 13.66
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 2.59, Med: 20.58, Max: 36.68
Current: 13.66
2.59
36.68
ROA % 4.22
ROA ranked lower than
56.52% of 552 companies
in the Utilities - Diversified industry.
Industry Max: 112.53, Med: 3.17, Min: -436.25
CIG: 4.22
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 0.81, Med: 6.97, Max: 12.28
Current: 4.22
0.81
12.28
ROC (Joel Greenblatt) % 98.92
ROC (Joel Greenblatt) ranked higher than
93.05% of 547 companies
in the Utilities - Diversified industry.
Industry Max: 2918.52, Med: 9.73, Min: -9636.36
CIG: 98.92
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 41.07, Med: 78.27, Max: 100.13
Current: 98.92
41.07
100.13
3-Year Total Revenue Growth Rate 0.60
3-Year Revenue Growth Rate ranked lower than
59.04% of 520 companies
in the Utilities - Diversified industry.
Industry Max: 227.9, Med: 0.9, Min: -100
CIG: -4.2
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -4.2, Med: 12.4, Max: 22.2
Current: -4.2
-4.2
22.2
3-Year Total EBITDA Growth Rate -9.60
3-Year EBITDA Growth Rate ranked lower than
90.85% of 503 companies
in the Utilities - Diversified industry.
Industry Max: 371.8, Med: 3.7, Min: -100
CIG: -14
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
N/A
3-Year EPS w/o NRI Growth Rate -21.40
3-Year EPS w/o NRI Growth Rate ranked lower than
91.41% of 454 companies
in the Utilities - Diversified industry.
Industry Max: 207.2, Med: 3.4, Min: -381
CIG: -21.4
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
N/A

» CIG's 30-Y Financials

Financials (Next Earnings Date: 2019-08-16)

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Business Description

Industry Utilities - Regulated » Utilities - Diversified    NAICS : 221118    SIC : 0
Compare MIL:A2A MIL:HER SHSE:600027 NYSE:BKH TSE:9508 ASX:AST MIL:ACE TSX:ACO.Y LSE:CNA BKK:GLOW SHSE:600642 NYSE:NWE SZSE:000027 MIL:IRE TSX:CU.X NYSE:AVA NYSE:CZZ WBO:EVN NAS:MGEE SZSE:000690
Traded in other countries CMIG3.Brazil CID.Germany CIGN.Mexico XCMIG.Spain
Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
The Energy Company of Minas Gerais, or Cemig, is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across the majority of Brazilian states and also operates in Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, telecom, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. Cemig generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.

Ratios

Current vs industry vs history
PE Ratio (TTM) 13.26
PE Ratio ranked lower than
54.81% of 478 companies
in the Utilities - Diversified industry.
Industry Max: 6747.16, Med: 16.12, Min: 0.23
CIG: 13.26
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 2.41, Med: 8.31, Max: 147.89
Current: 13.26
2.41
147.89
Forward PE Ratio 9.08
Forward P/E ranked lower than
100.00% of 156 companies
in the Utilities - Diversified industry.
Industry Max: 56.82, Med: 16.56, Min: 0.07
CIG: 9.08
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 16.18
PE without NRI ranked lower than
54.15% of 482 companies
in the Utilities - Diversified industry.
Industry Max: 6747.16, Med: 16.23, Min: 0.23
CIG: 16.18
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 2.41, Med: 8.31, Max: 147.89
Current: 16.18
2.41
147.89
Price-to-Owner-Earnings 7.04
Price-to-Owner-Earnings ranked higher than
62.45% of 261 companies
in the Utilities - Diversified industry.
Industry Max: 2275, Med: 19.03, Min: 0.76
CIG: 7.04
Ranked among companies with meaningful Price-to-Owner-Earnings only.
Price-to-Owner-Earnings range over the past 10 years
Min: 1.46, Med: 8.3, Max: 162.8
Current: 7.04
1.46
162.8
PB Ratio 1.76
PB Ratio ranked higher than
83.33% of 540 companies
in the Utilities - Diversified industry.
Industry Max: 59.24, Med: 1.52, Min: 0.01
CIG: 1.76
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.46, Med: 1.48, Max: 2.84
Current: 1.76
0.46
2.84
PS Ratio 1.16
PS Ratio ranked higher than
82.46% of 536 companies
in the Utilities - Diversified industry.
Industry Max: 3460, Med: 1.61, Min: 0.01
CIG: 1.16
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.27, Med: 1.08, Max: 2.69
Current: 1.16
0.27
2.69
Price-to-Free-Cash-Flow 13.01
Price-to-Free-Cash-Flow ranked lower than
100.00% of 260 companies
in the Utilities - Diversified industry.
Industry Max: 1245.83, Med: 17.65, Min: 1.05
CIG: 13.01
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 2.99, Med: 11.67, Max: 251.13
Current: 13.01
2.99
251.13
Price-to-Operating-Cash-Flow 13.46
Price-to-Operating-Cash-Flow ranked lower than
92.47% of 438 companies
in the Utilities - Diversified industry.
Industry Max: 401.96, Med: 7.95, Min: 0.26
CIG: 13.46
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 1.78, Med: 6.18, Max: 24.46
Current: 13.46
1.78
24.46
EV-to-EBIT 9.64
EV-to-EBIT ranked higher than
84.26% of 502 companies
in the Utilities - Diversified industry.
Industry Max: 3176.97, Med: 14.93, Min: 0.02
CIG: 9.64
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 2.5, Med: 6.9, Max: 12.8
Current: 9.64
2.5
12.8
EV-to-EBITDA 7.84
EV-to-EBITDA ranked higher than
82.36% of 516 companies
in the Utilities - Diversified industry.
Industry Max: 47184.2, Med: 10.53, Min: 0.02
CIG: 7.84
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 2.3, Med: 5.5, Max: 9.3
Current: 7.84
2.3
9.3
EV-to-Revenue 1.56
EV-to-Revenue ranked higher than
80.56% of 535 companies
in the Utilities - Diversified industry.
Industry Max: 2609.33, Med: 2.51, Min: 0.01
CIG: 1.56
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.7, Med: 1.5, Max: 3.6
Current: 1.56
0.7
3.6
Shiller PE Ratio 8.65
Shiller PE Ratio ranked higher than
98.48% of 263 companies
in the Utilities - Diversified industry.
Industry Max: 1055.16, Med: 20.93, Min: 0.55
CIG: 8.65
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 2.08, Med: 6.21, Max: 18.62
Current: 8.65
2.08
18.62
Current Ratio 1.17
Current Ratio ranked lower than
61.58% of 544 companies
in the Utilities - Diversified industry.
Industry Max: 9431, Med: 1.07, Min: 0.02
CIG: 1.17
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.6, Med: 0.94, Max: 1.67
Current: 1.17
0.6
1.67
Quick Ratio 1.17
Quick Ratio ranked lower than
55.43% of 543 companies
in the Utilities - Diversified industry.
Industry Max: 9431, Med: 0.99, Min: 0.12
CIG: 1.17
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.59, Med: 0.94, Max: 1.66
Current: 1.17
0.59
1.66
Days Inventory 0.66
Days Inventory ranked higher than
96.07% of 484 companies
in the Utilities - Diversified industry.
Industry Max: 702.8, Med: 21.52, Min: 0.06
CIG: 0.66
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 0.66, Med: 1.1, Max: 2.17
Current: 0.66
0.66
2.17
Days Sales Outstanding 67.02
Days Sales Outstanding ranked higher than
98.29% of 525 companies
in the Utilities - Diversified industry.
Industry Max: 545.94, Med: 48.56, Min: 1
CIG: 67.02
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 39.9, Med: 66.84, Max: 110.5
Current: 67.02
39.9
110.5
Days Payable 39.39
Days Payable ranked lower than
76.73% of 507 companies
in the Utilities - Diversified industry.
Industry Max: 949.53, Med: 61.37, Min: 0.02
CIG: 39.39
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 37.19, Med: 45.6, Max: 54.25
Current: 39.39
37.19
54.25

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 4.05
Trailing Dividend Yield ranked higher than
90.95% of 1105 companies
in the Utilities - Diversified industry.
Industry Max: 82.33, Med: 3.44, Min: 0.01
CIG: 4.05
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.24, Med: 4.4, Max: 12.91
Current: 4.05
0.24
12.91
Dividend Payout Ratio 0.56
Dividend Payout Ratio ranked higher than
75.12% of 611 companies
in the Utilities - Diversified industry.
Industry Max: 491.25, Med: 0.51, Min: 0.01
CIG: 0.56
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.17, Med: 0.32, Max: 9.03
Current: 0.56
0.17
9.03
3-Year Dividend Growth Rate (Per Share) -33.50
3-Year Dividend Growth Rate ranked lower than
90.68% of 354 companies
in the Utilities - Diversified industry.
Industry Max: 102.7, Med: 4.3, Min: -100
CIG: -33.5
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
N/A
Forward Dividend Yield % 4.07
Forward Dividend Yield ranked higher than
89.92% of 1081 companies
in the Utilities - Diversified industry.
Industry Max: 82.33, Med: 3.53, Min: 0.01
CIG: 4.07
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 0.87
Yield-on-Cost (5y) ranked lower than
88.25% of 1106 companies
in the Utilities - Diversified industry.
Industry Max: 332.77, Med: 3.95, Min: 0.01
CIG: 0.87
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.05, Med: 0.95, Max: 2.79
Current: 0.87
0.05
2.79
3-Year Share Buyback Rate -4.00
3-Year Share Buyback Rate ranked lower than
100.00% of 292 companies
in the Utilities - Diversified industry.
Industry Max: 42.7, Med: -2.7, Min: -899.5
CIG: -4
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -6.3, Med: -3.85, Max: 12.7
Current: -4
-6.3
12.7

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 5.75
Price-to-Tangible-Book ranked lower than
75.87% of 489 companies
in the Utilities - Diversified industry.
Industry Max: 754.03, Med: 1.82, Min: 0.03
CIG: 5.75
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.43, Med: 2.06, Max: 6.16
Current: 5.75
0.43
6.16
Price-to-Projected-FCF 1.11
Price-to-Intrinsic-Value-Projected-FCF ranked higher than
90.74% of 367 companies
in the Utilities - Diversified industry.
Industry Max: 126.14, Med: 1.29, Min: 0.06
CIG: 1.11
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.29, Med: 1, Max: 4.75
Current: 1.11
0.29
4.75
Price-to-Median-PS-Value 1.07
Price-to-Median-PS-Value ranked higher than
93.28% of 506 companies
in the Utilities - Diversified industry.
Industry Max: 1075, Med: 1, Min: 0.01
CIG: 1.07
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.34, Med: 1.1, Max: 165.33
Current: 1.07
0.34
165.33
Price-to-Graham-Number 2.04
Price-to-Graham-Number ranked lower than
62.81% of 406 companies
in the Utilities - Diversified industry.
Industry Max: 27.49, Med: 1.29, Min: 0.04
CIG: 2.04
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.2, Med: 0.85, Max: 4.23
Current: 2.04
0.2
4.23
Earnings Yield (Joel Greenblatt) % 10.37
Earnings Yield (Greenblatt) ranked higher than
85.66% of 551 companies
in the Utilities - Diversified industry.
Industry Max: 5000, Med: 6.37, Min: -86.21
CIG: 10.37
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 7.8, Med: 14.6, Max: 40.4
Current: 10.37
7.8
40.4
Forward Rate of Return (Yacktman) % -10.61
Forward Rate of Return ranked lower than
73.13% of 402 companies
in the Utilities - Diversified industry.
Industry Max: 1132.67, Med: 3.67, Min: -2480.81
CIG: -10.61
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -11.3, Med: 17.5, Max: 34.2
Current: -10.61
-11.3
34.2

More Statistics

Revenue (TTM) (Mil) $ 5,957.04
EPS (TTM) $ 0.36
Beta -1.66
Volatility % 74.49
52-Week Range $ 1.56 - 4.02
Shares Outstanding (Mil) 1,458.75

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 7
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA N
Lower Leverage yoy Y
Higher Current Ratio yoy Y
Less Shares Outstanding yoy N
Higher Gross Margin yoy Y
Higher Asset Turnover yoy Y