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Cia Energetica DE Minas Gerais - Cemig (BSP:CMIG4) Market Cap : R$35,979 Mil (As of Dec. 15, 2024)


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What is Cia Energetica DE Minas Gerais - Cemig Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Cia Energetica DE Minas Gerais - Cemig's share price for the quarter that ended in Jun. 2024 was R$9.89. Cia Energetica DE Minas Gerais - Cemig's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 2,861 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's market cap for the quarter that ended in Jun. 2024 was R$28,291 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly market cap increased from Dec. 2023 (R$25,262 Mil) to Mar. 2024 (R$27,639 Mil) and increased from Mar. 2024 (R$27,639 Mil) to Jun. 2024 (R$28,291 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual market cap increased from Dec. 2021 (R$22,200 Mil) to Dec. 2022 (R$24,514 Mil) and increased from Dec. 2022 (R$24,514 Mil) to Dec. 2023 (R$25,262 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Cia Energetica DE Minas Gerais - Cemig's Enterprise Value for Today is R$44,323 Mil.


Cia Energetica DE Minas Gerais - Cemig Market Cap Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Market Cap 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.

Cia Energetica DE Minas Gerais - Cemig Market Cap Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,108.46 22,104.53 22,199.97 24,513.82 25,262.01

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Market Cap 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 28,298.73 27,308.48 25,262.01 27,638.57 28,290.54

Competitive Comparison of Cia Energetica DE Minas Gerais - Cemig's Market Cap

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Market Cap falls into.



Cia Energetica DE Minas Gerais - Cemig Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Cia Energetica DE Minas Gerais - Cemig's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=R$8.83077*2860.68
=R$25,262

Cia Energetica DE Minas Gerais - Cemig's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=R$9.89*2860.52
=R$28,291

* 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:CMIG4) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Cia Energetica DE Minas Gerais - Cemig Market Cap Related Terms

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Cia Energetica DE Minas Gerais - Cemig 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 Headlines

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