Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Gross Margin %: 99.92% (As of Mar. 2026) — 391% Above Median


FRA:CIDS Cia Energetica DE Minas Gerais - Cemig FRA:CIDS
65 GF Score
Price €2.44
GF Value €568.40
! 4 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Gross Margin %?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDS -1.61% 65 Gross Margin % is 99.92% as of Mar. 2026, which is 391% above its 10-year median of 20.36. GuruFocus rates FRA:CIDS with a GF Score™ of 65/100 and a GF Value™ of €568.40. The stock has 4 warning signs investors should review. Among 489 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks better than 98.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cia Energetica DE Minas Gerais - Cemig's Gross Profit for the three months ended in Mar. 2026 was €1,709,153 Mil. Cia Energetica DE Minas Gerais - Cemig's Revenue for the three months ended in Mar. 2026 was €1,710,600 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's Gross Margin % for the quarter that ended in Mar. 2026 was 99.92%.

Warning Sign:

Cia Energetica DE Minas Gerais - Cemig gross margin has been in long-term decline. The average rate of decline per year is -3%.


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

FRA:CIDS' s Gross Margin % Range Over the Past 10 Years
Min: 16.93   Med: 20.36   Max: 99.65
Current: 99.65


During the past 13 years, the highest Gross Margin % of Cia Energetica DE Minas Gerais - Cemig was 99.65%. The lowest was 16.93%. And the median was 20.36%.

FRA:CIDS's Gross Margin % is ranked better than
98.98% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs FRA:CIDS: 99.65

Cia Energetica DE Minas Gerais - Cemig had a gross margin of 99.92% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cia Energetica DE Minas Gerais - Cemig was -3.00% per year.


Cia Energetica DE Minas Gerais - Cemig  (FRA:CIDS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cia Energetica DE Minas Gerais - Cemig had a gross margin of 99.92% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Cia Energetica DE Minas Gerais - Cemig Gross Margin % Related Terms


Cia Energetica DE Minas Gerais - Cemig Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Gross Margin % 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 Gross Margin % Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.98 19.77 22.75 19.66 16.93

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
Gross Margin % 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 99.92 19.93 14.33 14.99 99.92

FRA:CIDS vs NEE, SO, DUK: Gross Margin % Comparison

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

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

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Gross Margin % falls into.


FRA:CIDS
65GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Energetica DE Minas Gerais - Cemig Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1132.8 / 6691.965
=(Revenue - Cost of Goods Sold) / Revenue
=(6691.965 - 5559.132) / 6691.965
=16.93 %

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


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1709152.6 / 1710599.858
=(Revenue - Cost of Goods Sold) / Revenue
=(1710599.858 - 1447.291) / 1710599.858
=99.92 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 99.92% mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a Gross Margin % of 99.92% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 391% above median its historical median of 20.36. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Gross Margin % has ranged from 16.93 to 99.65. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #5 out of 489 companies in the Utilities - Regulated industry, placing it in the top 1%.
Is Cia Energetica DE Minas Gerais - Cemig's Gross Margin % too high?
Cia Energetica DE Minas Gerais - Cemig's current Gross Margin % of 99.92% is 391% above median its 10-year median of 20.36. Over the past 10 years, this metric has ranged from a low of 16.93 to a high of 99.65. The Utilities - Regulated industry median Gross Margin % is 30.88. Cia Energetica DE Minas Gerais - Cemig's value of 99.92% is 223.6% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #5 out of 489 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 65/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #5 out of 489 companies for Gross Margin %. This places Cia Energetica DE Minas Gerais - Cemig in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.88. Cia Energetica DE Minas Gerais - Cemig's value of 99.92% is 223.6% above this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own Gross Margin % has ranged from 16.93 to 99.65 over the past decade. While the company's 10-year median is 20.36 vs. the industry median of 30.88, 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 Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % 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 Gross Margin % of 99.92% is 223.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — 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 Gross Margin % is 99.92%, which is 391% above median its own 10-year median of 20.36. 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?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a current Gross Margin % of 99.92%. The stock's GF Value™ is €568.40, compared to a current price of €2.44 — trading 99.6% below its estimated fair value. The current Gross Margin % is 99.92%, which is 391% above median its 10-year median of 20.36 and 223.6% above the Utilities - Regulated industry median of 30.88. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current Gross Margin % is 99.92% as of Mar. 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:CIDS) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €2.44 is trading 99.6% below its estimated GF Value™ of €568.40.

Key valuation signals for FRA:CIDS:

  • Gross Margin %: 99.92% (391% above median its 10-year median of 20.36)
  • GF Value™: €568.40 vs. price of €2.44 (99.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 223.6% above the Utilities - Regulated median (#5 of 489)

No single metric tells the full story. See the FRA:CIDS 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:CIDS

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

€2.44
Price
€568.40
GF Value