Cia Energetica DE Minas Gerais - CemigFRA:CIDA +13.17%66 Interest Coverage is 17,539.27 as of Mar. 2026, which is 481748% above its 10-year median of 3.64. GuruFocus rates FRA:CIDA with a GF Score™ of 66/100 and a GF Value™ of €389.78 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 449 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks better than 99.11% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Cia Energetica DE Minas Gerais - Cemig's
Operating Income
for the
three
months ended in Mar. 2026 was €1,729,039 Mil. Cia Energetica DE Minas Gerais - Cemig's Interest Expense for the
three
months ended in Mar. 2026 was €-99 Mil.
Cia Energetica DE Minas Gerais - Cemig's interest coverage for the quarter that ended in Mar. 2026 was 17,539.27.
The higher the ratio, the stronger the company's financial strength is.
FRA:CIDA'
s Interest Coverage Range Over the Past 10 Years
Min: 1.42 Med: 3.64 Max: 5705.83
Current: 5705.83
FRA:CIDA's Interest Coverage is ranked better than 99.11% of 449
companies
in the Utilities - Regulated industry
Industry Median: 3.78
vs FRA:CIDA: 5705.83
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Cia Energetica DE Minas Gerais - Cemig Interest Coverage Related Terms
Cia Energetica DE Minas Gerais - Cemig Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Cia Energetica DE Minas Gerais - Cemig Interest Coverage Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
FRA:CIDA vs NEE, SO, DUK: Interest Coverage Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Interest Coverage falls into.
Cia Energetica DE Minas Gerais - Cemig Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (FRA:CIDA) has a Interest Coverage of 17,539.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 481748% above median its historical median of 3.64. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Interest Coverage has ranged from 1.42 to 5,705.83. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #4 out of 449 companies in the Utilities - Regulated industry, placing it in the top 0.90000000000001%.
Is Cia Energetica DE Minas Gerais - Cemig's Interest Coverage too high?
Cia Energetica DE Minas Gerais - Cemig's current Interest Coverage of 17,539.27 is 481748% above median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 5,705.83. The Utilities - Regulated industry median Interest Coverage is 3.78. Cia Energetica DE Minas Gerais - Cemig's value of 17,539.27 is 463901.9% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #4 out of 449 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 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #4 out of 449 companies for Interest Coverage. This places Cia Energetica DE Minas Gerais - Cemig in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Cia Energetica DE Minas Gerais - Cemig's value of 17,539.27 is 463901.9% above this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own Interest Coverage has ranged from 1.42 to 5,705.83 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 3.78, 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage of 17,539.27 is 463901.9% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — 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 Interest Coverage is 17,539.27, which is 481748% above median its own 10-year median of 3.64. 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 €389.78, compared to a current price of €1.89 — trading 99.5% below its estimated fair value. The current Interest Coverage is 17,539.27, which is 481748% above median its 10-year median of 3.64 and 463901.9% above the Utilities - Regulated industry median of 3.78. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current Interest Coverage is 17,539.27 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: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 99.5% below its estimated GF Value™ of €389.78.
GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.
Key valuation signals for FRA:CIDA:
Interest Coverage: 17,539.27 (481748% above median its 10-year median of 3.64)
GF Value™: €389.78 vs. price of €1.89 (99.5% below fair value)
Industry Position: 463901.9% above the Utilities - Regulated median (#4 of 449)
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
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.
66GF Score
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