Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Enterprise Value: €8,695 Mil (As of Jun. 27, 2026) ***


FRA:CIDA Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
65 GF Score
Price €1.89
GF Value €440.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Enterprise Value?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDA +13.17% 65 Enterprise Value is €8,695 Mil as of Jun. 27, 2026. GuruFocus rates FRA:CIDA with a GF Score™ of 65/100 and a GF Value™ of €440.28 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cia Energetica DE Minas Gerais - Cemig's Enterprise Value is €8,695 Mil. Cia Energetica DE Minas Gerais - Cemig's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,166 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT ratio for today is 7.46.

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 €8,695 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 ratio for today is 6.21.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cia Energetica DE Minas Gerais - Cemig's Enterprise Value is €8,695 Mil. Cia Energetica DE Minas Gerais - Cemig's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €1,715,773 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's EV-to-Revenue ratio for today is 0.01.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Cia Energetica DE Minas Gerais - Cemig's Enterprise Value is €8,695 Mil. Cia Energetica DE Minas Gerais - Cemig's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €652 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's EV-to-OCF ratio for today is 13.34.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Cia Energetica DE Minas Gerais - Cemig's Enterprise Value is €8,695 Mil. Cia Energetica DE Minas Gerais - Cemig's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €465 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's EV-to-FCF ratio for today is 18.70.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Cia Energetica DE Minas Gerais - Cemig  (FRA:CIDA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Cia Energetica DE Minas Gerais - Cemig's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8695.474/1165.87
=7.46

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8695.474/1399.78
=6.21

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Cia Energetica DE Minas Gerais - Cemig's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8695.474/1715773.282
=0.01

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 Mil.
Cia Energetica DE Minas Gerais - Cemig's Revenue 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 €1,715,773 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Cia Energetica DE Minas Gerais - Cemig's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=8695.474/651.62
=13.34

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 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 €652 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Cia Energetica DE Minas Gerais - Cemig's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=8695.474/465.05
=18.70

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 Mil.
Cia Energetica DE Minas Gerais - Cemig's Free Cash Flow 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 €465 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 Enterprise Value Related Terms


Cia Energetica DE Minas Gerais - Cemig Enterprise Value Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Enterprise Value 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 Enterprise Value Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,518.92 5,342.76 6,222.35 6,485.54 7,383.23

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
Enterprise Value 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 6,410.80 6,315.33 6,682.29 7,383.23 5,664.15

FRA:CIDA vs NEE, SO, DUK: Enterprise Value Comparison

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

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

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Enterprise Value falls into.


FRA:CIDA
65GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Energetica DE Minas Gerais - Cemig Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

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

Cia Energetica DE Minas Gerais - Cemig's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €8,695 Mil mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) has a Enterprise Value of €8,695 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors.
Is Cia Energetica DE Minas Gerais - Cemig's Enterprise Value too high?
Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 Mil. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Enterprise Value compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Enterprise Value of €8,695 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is €8,695 Mil. 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 €440.28, compared to a current price of €1.89 — trading 99.6% below its estimated fair value. The current Enterprise Value is €8,695 Mil. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current Enterprise Value is €8,695 Mil as of Jun. 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:CIDA) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €1.89 is trading 99.6% below its estimated GF Value™ of €440.28. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.

Key valuation signals for FRA:CIDA:

  • Enterprise Value: €8,695 Mil
  • GF Value™: €440.28 vs. price of €1.89 (99.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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.
65GF Score

Get the complete analysis for FRA:CIDA

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

€1.89
Price
€440.28
GF Value