Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Equity-to-Asset: 0.41 (As of Jun. 2026) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:CIDA Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
72 GF Score
Price €1.72
GF Value €1.68
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Cia Energetica DE Minas Gerais - Cemig Equity-to-Asset?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDA -0.58% 72 Equity-to-Asset is 0.41 as of Jun. 2026, which is 11% above its 10-year median of 0.37. GuruFocus rates FRA:CIDA with a GF Score™ of 72/100 and a GF Value™ of €1.68 (Fairly Valued). The stock has 5 warning signs investors should review. Among 506 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks better than 64.03% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cia Energetica DE Minas Gerais - Cemig's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €4,943 Mil. Cia Energetica DE Minas Gerais - Cemig's Total Assets for the quarter that ended in Jun. 2026 was €12,004 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.41.

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

FRA:CIDA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.37   Max: 0.47
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Cia Energetica DE Minas Gerais - Cemig was 0.47. The lowest was 0.24. And the median was 0.37.

FRA:CIDA's Equity-to-Asset is ranked better than
64.03% of 506 companies
in the Utilities - Regulated industry
Industry Median: 0.36 vs FRA:CIDA: 0.43

Cia Energetica DE Minas Gerais - Cemig  (FRA:CIDA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Cia Energetica DE Minas Gerais - Cemig Equity-to-Asset Related Terms


Cia Energetica DE Minas Gerais - Cemig Equity-to-Asset Historical Data

* Premium members only.

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

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.41 0.45 0.46 0.43

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
Equity-to-Asset 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 0.45 0.44 0.43 0.00 0.41

FRA:CIDA vs NEE, SO, DUK: Equity-to-Asset Comparison

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

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

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


FRA:CIDA
72GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Energetica DE Minas Gerais - Cemig Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=4473.102/10492.13
=0.43

Cia Energetica DE Minas Gerais - Cemig's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=4943.243/12003.584
=0.41

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.41 mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) has a Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 11% above median its historical median of 0.37. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Equity-to-Asset has ranged from 0.24 to 0.47. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #182 out of 506 companies in the Utilities - Regulated industry, placing it in the top 36%.
Is Cia Energetica DE Minas Gerais - Cemig's Equity-to-Asset too high?
Cia Energetica DE Minas Gerais - Cemig's current Equity-to-Asset of 0.41 is 11% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.47. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Cia Energetica DE Minas Gerais - Cemig's value of 0.41 is 13.9% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #182 out of 506 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Equity-to-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #182 out of 506 companies for Equity-to-Asset. This puts Cia Energetica DE Minas Gerais - Cemig in the upper half of its industry. The industry median Equity-to-Asset is 0.36. Cia Energetica DE Minas Gerais - Cemig's value of 0.41 is 13.9% above this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own Equity-to-Asset has ranged from 0.24 to 0.47 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.36, 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset of 0.41 is 13.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — 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 Equity-to-Asset is 0.41, which is 11% above median its own 10-year median of 0.37. 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 Fairly Valued. The stock's GF Value™ is €1.68, compared to a current price of €1.72 — trading 2.4% above its estimated fair value. The current Equity-to-Asset is 0.41, which is 11% above median its 10-year median of 0.37 and 13.9% above the Utilities - Regulated industry median of 0.36. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current Equity-to-Asset is 0.41 as of Jun. 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 overvalued. The current stock price of €1.72 is trading 2.4% above its estimated GF Value™ of €1.68. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Fairly Valued.

Key valuation signals for FRA:CIDA:

  • Equity-to-Asset: 0.41 (11% above median its 10-year median of 0.37)
  • GF Value™: €1.68 vs. price of €1.72 (2.4% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 13.9% above the Utilities - Regulated median (#182 of 506)

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.
72GF Score

Get the complete analysis for FRA:CIDA

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

€1.72
Price
€1.68
GF Value