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Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) EV-to-EBITDA

: 3.53 (As of Today)
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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 R$37,759 Mil. Cia Energetica DE Minas Gerais - Cemig's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was R$10,682 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA for today is 3.53.

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:

BSP:CMIG3' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.08   Med: 4.85   Max: 11.71
Current: 3.53

During the past 13 years, the highest EV-to-EBITDA of Cia Energetica DE Minas Gerais - Cemig was 11.71. The lowest was 2.08. And the median was 4.85.

BSP:CMIG3's EV-to-EBITDA is ranked better than
87.68% of 479 companies
in the Utilities - Regulated industry
Industry Median: 9.39 vs BSP:CMIG3: 3.53

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 (2024-04-19), Cia Energetica DE Minas Gerais - Cemig's stock price is R$15.11. Cia Energetica DE Minas Gerais - Cemig's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was R$2.406. Therefore, Cia Energetica DE Minas Gerais - Cemig's PE Ratio for today is 6.28.

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


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

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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 8.54 [6] => 5.24 [7] => 5.62 [8] => 5.01 [9] => 5.43 )
Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.54 5.24 5.62 5.01 5.43

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Sep18 Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 6.16 5.43 5.47 4.79 4.64

Competitive Comparison

For the Utilities - Diversified 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 Distribution

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.



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)
=37759.338/10681.738
=3.53

Cia Energetica DE Minas Gerais - Cemig's current Enterprise Value is R$37,759 Mil.
Cia Energetica DE Minas Gerais - Cemig's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$10,682 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  (BSP:CMIG3) 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 to determine the fair market value of a company.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=15.11/2.406
=6.28

Cia Energetica DE Minas Gerais - Cemig's share price for today is R$15.11.
Cia Energetica DE Minas Gerais - Cemig's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2.406.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


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

Thank you for viewing the detailed overview of Cia Energetica DE Minas Gerais - Cemig's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Business Description

Address
Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.

Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG3) Headlines

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