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Energy Company of Minas Gerais (Energy Company of Minas Gerais) Intrinsic Value: Projected FCF : $4.45 (As of May. 13, 2024)


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What is Energy Company of Minas Gerais Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-13), Energy Company of Minas Gerais's Intrinsic Value: Projected FCF is $4.45. The stock price of Energy Company of Minas Gerais is $2.591141. Therefore, Energy Company of Minas Gerais's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

The historical rank and industry rank for Energy Company of Minas Gerais's Intrinsic Value: Projected FCF or its related term are showing as below:

CEMCF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.3   Med: 0.63   Max: 1.16
Current: 0.58

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Energy Company of Minas Gerais was 1.16. The lowest was 0.30. And the median was 0.63.

CEMCF's Price-to-Projected-FCF is ranked better than
74.53% of 373 companies
in the Utilities - Regulated industry
Industry Median: 1.07 vs CEMCF: 0.58

Energy Company of Minas Gerais Intrinsic Value: Projected FCF Historical Data

The historical data trend for Energy Company of Minas Gerais's Intrinsic Value: Projected FCF 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.

Energy Company of Minas Gerais Intrinsic Value: Projected FCF Chart

Energy Company of Minas Gerais Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
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Energy Company of Minas Gerais Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Energy Company of Minas Gerais's Intrinsic Value: Projected FCF

For the Utilities - Diversified subindustry, Energy Company of Minas Gerais's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


Energy Company of Minas Gerais's Price-to-Projected-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energy Company of Minas Gerais's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Energy Company of Minas Gerais's Price-to-Projected-FCF falls into.



Energy Company of Minas Gerais Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Energy Company of Minas Gerais's Free Cash Flow(6 year avg) = $768.62.

Energy Company of Minas Gerais's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*768.61824+5030.818*0.8)/1258.84
=9.01

* 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.


Energy Company of Minas Gerais  (OTCPK:CEMCF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Energy Company of Minas Gerais's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.591141/9.0100173873341
=0.29

* 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.


Energy Company of Minas Gerais Intrinsic Value: Projected FCF Related Terms

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Energy Company of Minas Gerais (Energy Company of Minas Gerais) 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.

Energy Company of Minas Gerais (Energy Company of Minas Gerais) Headlines