Cia Energetica DE Minas Gerais - Cemig (STU:CID) Debt-to-EBITDA : (As of Jun. 2026)

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STU:CID Cia Energetica DE Minas Gerais - Cemig STU:CID
68 GF Score
Price €1.85
GF Value €1.57
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cia Energetica DE Minas Gerais - Cemig's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €273 Mil. Cia Energetica DE Minas Gerais - Cemig's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €3,572 Mil. Cia Energetica DE Minas Gerais - Cemig's annualized EBITDA for the quarter that ended in Jun. 2026 was €1,271 Mil. Cia Energetica DE Minas Gerais - Cemig's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.02.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

STU:CID' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.08   Med: 2.25   Max: 4.8
Current: 2.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cia Energetica DE Minas Gerais - Cemig was 4.80. The lowest was 1.08. And the median was 2.25.

STU:CID's Debt-to-EBITDA is ranked better than
65.04% of 452 companies
in the Utilities - Regulated industry
Industry Median: 4.065 vs STU:CID: 2.59

Cia Energetica DE Minas Gerais - Cemig  (STU:CID) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cia Energetica DE Minas Gerais - Cemig Debt-to-EBITDA Related Terms


Cia Energetica DE Minas Gerais - Cemig Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Debt-to-EBITDA 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.

Cia Energetica DE Minas Gerais - Cemig Debt-to-EBITDA Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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STU:CID vs NEE, SO, DUK: Debt-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Utilities - Regulated Industry

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

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


STU:CID
68GF Score
Cia Energetica DE Minas Gerais - Cemig STU:CID
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Energetica DE Minas Gerais - Cemig Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cia Energetica DE Minas Gerais - Cemig's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(488.02115000093 + 2601.3993509879) / 1365.4174455495
=2.26

Cia Energetica DE Minas Gerais - Cemig's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(272.85075658073 + 3571.562580035) / 1271.0955173106
=3.02

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is Cia Energetica DE Minas Gerais - Cemig (STU:CID) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be overvalued. The current stock price of €1.85 is trading 17.8% above its estimated GF Value™ of €1.57. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Modestly Overvalued.

Key valuation signals for STU:CID:

  • Debt-to-EBITDA:
  • GF Value™: €1.57 vs. price of €1.85 (17.8% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the STU:CID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cia Energetica DE Minas Gerais - Cemig Business Description

Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
68GF Score

Get the complete analysis for STU:CID

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.85
Price
€1.57
GF Value