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Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) 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.
Cia Energetica DE Minas Gerais - Cemig's Enterprise Value for the quarter that ended in Mar. 2026 was €7,381 Mil.
Cia Energetica DE Minas Gerais - Cemig's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,166 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
Cia Energetica DE Minas Gerais - Cemig EV-to-EBIT Historical Data
* 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 Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
For the Utilities - Regulated Electric 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.
Cia Energetica DE Minas Gerais - Cemig EV-to-EBIT vs Utilities - Regulated Industry
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's current Enterprise Value is €10,241 Mil.
Cia Energetica DE Minas Gerais - Cemig's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,166 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 (FRA:CIDS) has a EV-to-EBIT of 8.78 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 25% above median its historical median of 7.00. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT has ranged from 3.70 to 21.71. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #86 out of 463 companies in the Utilities - Regulated industry, placing it in the top 18.6%.
Is Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT too high?
Cia Energetica DE Minas Gerais - Cemig's current EV-to-EBIT of 8.78 is 25% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 21.71. The Utilities - Regulated industry median EV-to-EBIT is 13.69. Cia Energetica DE Minas Gerais - Cemig's value of 8.78 is 35.9% below this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #86 out of 463 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #86 out of 463 companies for EV-to-EBIT. This places Cia Energetica DE Minas Gerais - Cemig in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.69. Cia Energetica DE Minas Gerais - Cemig's value of 8.78 is 35.9% below this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own EV-to-EBIT has ranged from 3.70 to 21.71 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 13.69, Cia Energetica DE Minas Gerais - Cemig has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.69, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cia Energetica DE Minas Gerais - Cemig's current EV-to-EBIT of 8.78 is 35.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Energetica DE Minas Gerais - Cemig's current EV-to-EBIT is 8.78, which is 25% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a current EV-to-EBIT of 8.78. The stock's GF Value™ is €583.36, compared to a current price of €2.64 — trading 99.5% below its estimated fair value. The current EV-to-EBIT is 8.78, which is 25% above median its 10-year median of 7.00 and 35.9% below the Utilities - Regulated industry median of 13.69. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current EV-to-EBIT is 8.78 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of €2.64 is trading 99.5% below its estimated GF Value™ of €583.36.
Key valuation signals for FRA:CIDS:
EV-to-EBIT: 8.78 (25% above median its 10-year median of 7.00)
GF Value™: €583.36 vs. price of €2.64 (99.5% below fair value)
Industry Position: 35.9% below the Utilities - Regulated median (#86 of 463)
No single metric tells the full story. See the FRA:CIDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cia Energetica DE Minas Gerais - Cemig Business Description
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.
63GF Score
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