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MEX:CIGN's EV-to-OCF is ranked worse than 58.5% of 506
companies
in the Utilities - Regulated industry
Industry Median: 10.805
vs MEX:CIGN: 12.80
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (MEX:CIGN) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:
Cia Energetica DE Minas Gerais - Cemig's share price for today is MXN38.00.
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 MXN5.733.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Cia Energetica DE Minas Gerais - Cemig EV-to-OCF Related Terms
Cia Energetica DE Minas Gerais - Cemig EV-to-OCF 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-OCF Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Utilities - Regulated Industry
Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is MXN161,611 Mil.
Cia Energetica DE Minas Gerais - Cemig's Cash Flow from Operations 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 MXN14,306 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 (MEX:CIGN) has a EV-to-OCF of 11.30 as of Jul. 30, 2026. This is 43% above median its historical median of 7.92. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #296 out of 506 companies in the Utilities - Regulated industry, placing it in the top 58.5%.
Is Cia Energetica DE Minas Gerais - Cemig's EV-to-OCF too high?
Cia Energetica DE Minas Gerais - Cemig's current EV-to-OCF of 11.30 is 43% above median its 10-year median of 7.92. The Utilities - Regulated industry median EV-to-OCF is 10.81. Cia Energetica DE Minas Gerais - Cemig's value of 11.30 is 4.6% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #296 out of 506 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 57/100 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-OCF compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #296 out of 506 companies for EV-to-OCF. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median EV-to-OCF is 10.81. Cia Energetica DE Minas Gerais - Cemig's value of 11.30 is 4.6% above this benchmark. While the company's 10-year median is 7.92 vs. the industry median of 10.81, Cia Energetica DE Minas Gerais - Cemig has consistently been above 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-OCF for an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.81, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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-OCF of 11.30 is 4.6% above 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median EV-to-OCF is 10.81 — 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-OCF is 11.30, which is 43% above median its own 10-year median of 7.92. 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 (MEX:CIGN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN8,476.90, compared to a current price of MXN38.00 — trading 99.6% below its estimated fair value. The current EV-to-OCF is 11.30, which is 43% above median its 10-year median of 7.92 and 4.6% above the Utilities - Regulated industry median of 10.81. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 57/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current EV-to-OCF is 11.30 as of Jul. 30, 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 (MEX:CIGN) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of MXN38.00 is trading 99.6% below its estimated GF Value™ of MXN8,476.90.
GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.
Key valuation signals for MEX:CIGN:
EV-to-OCF: 11.30 (43% above median its 10-year median of 7.92)
GF Value™: MXN8,476.90 vs. price of MXN38.00 (99.6% below fair value)
Industry Position: 4.6% above the Utilities - Regulated median (#296 of 506)
No single metric tells the full story. See the MEX:CIGN 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.
57GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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