Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) EV-to-EBITDA: 6.49 (As of Jul. 29, 2026) — 13% Above Median

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FRA:CIDA Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
63 GF Score
Price €1.81
GF Value €391.75
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Cia Energetica DE Minas Gerais - Cemig EV-to-EBITDA?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDA +2.26% 63 EV-to-EBITDA is 6.49 as of Jul. 29, 2026, which is 13% above its 10-year median of 5.74. GuruFocus rates FRA:CIDA with a GF Score™ of 63/100 and a GF Value™ of €391.75 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 467 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks better than 78.37% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cia Energetica DE Minas Gerais - Cemig's enterprise value is €9,089 Mil. Cia Energetica DE Minas Gerais - Cemig's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €1,400 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA for today is 6.49.

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

FRA:CIDA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.96   Med: 5.74   Max: 15.19
Current: 6.01

During the past 13 years, the highest EV-to-EBITDA of Cia Energetica DE Minas Gerais - Cemig was 15.19. The lowest was 2.96. And the median was 5.74.

FRA:CIDA's EV-to-EBITDA is ranked better than
78.37% of 467 companies
in the Utilities - Regulated industry
Industry Median: 10.03 vs FRA:CIDA: 6.01

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-29), Cia Energetica DE Minas Gerais - Cemig's stock price is €1.81. Cia Energetica DE Minas Gerais - Cemig's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.270. Therefore, Cia Energetica DE Minas Gerais - Cemig's PE Ratio (TTM) for today is 6.70.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Cia Energetica DE Minas Gerais - Cemig  (FRA:CIDA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Cia Energetica DE Minas Gerais - Cemig's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.81/0.270
=6.70

Cia Energetica DE Minas Gerais - Cemig's share price for today is €1.81.
Cia Energetica DE Minas Gerais - Cemig's Earnings per Share (Diluted) 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 €0.270.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


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


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

* Premium members only.

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

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 6.78 4.43 4.36 6.62

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 4.33 4.85 6.73 6.62 5.43

FRA:CIDA vs NEE, SO, DUK: EV-to-EBITDA Comparison

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

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

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


FRA:CIDA
63GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9088.973/1399.78
=6.49

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €9,089 Mil.
Cia Energetica DE Minas Gerais - Cemig's EBITDA 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 €1,400 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 6.49 mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) has a EV-to-EBITDA of 6.49 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cia Energetica DE Minas Gerais - Cemig. This is 13% above median its historical median of 5.74. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA has ranged from 2.96 to 15.19. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #101 out of 467 companies in the Utilities - Regulated industry, placing it in the top 21.6%.
Is Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA too high?
Cia Energetica DE Minas Gerais - Cemig's current EV-to-EBITDA of 6.49 is 13% above median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 15.19. The Utilities - Regulated industry median EV-to-EBITDA is 10.03. Cia Energetica DE Minas Gerais - Cemig's value of 6.49 is 35.3% below this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #101 out of 467 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 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #101 out of 467 companies for EV-to-EBITDA. This places Cia Energetica DE Minas Gerais - Cemig in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.03. Cia Energetica DE Minas Gerais - Cemig's value of 6.49 is 35.3% below this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own EV-to-EBITDA has ranged from 2.96 to 15.19 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 10.03, 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 10.03, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA of 6.49 is 35.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cia Energetica DE Minas Gerais - Cemig. For the Utilities - Regulated industry, the median EV-to-EBITDA is 10.03 — 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-EBITDA is 6.49, which is 13% above median its own 10-year median of 5.74. 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?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) is currently considered Significantly Undervalued. The stock's GF Value™ is €391.75, compared to a current price of €1.81 — trading 99.5% below its estimated fair value. The current EV-to-EBITDA is 6.49, which is 13% above median its 10-year median of 5.74 and 35.3% below the Utilities - Regulated industry median of 10.03. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current EV-to-EBITDA is 6.49 as of Jul. 29, 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:CIDA) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €1.81 is trading 99.5% below its estimated GF Value™ of €391.75. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.

Key valuation signals for FRA:CIDA:

  • EV-to-EBITDA: 6.49 (13% above median its 10-year median of 5.74)
  • GF Value™: €391.75 vs. price of €1.81 (99.5% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 35.3% below the Utilities - Regulated median (#101 of 467)

No single metric tells the full story. See the FRA:CIDA 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.
63GF Score

Get the complete analysis for FRA:CIDA

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

€1.81
Price
€391.75
GF Value