Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Market Cap : $5,413 Mil (As of Apr. 25, 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 Sep. 2023 was $2.42. Cia Energetica DE Minas Gerais - Cemig's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 2,201 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's market cap for the quarter that ended in Sep. 2023 was $5,325 Mil.

Cia Energetica DE Minas Gerais - Cemig's quarterly market cap increased from Mar. 2023 ($4,929 Mil) to Jun. 2023 ($5,787 Mil) but then declined from Jun. 2023 ($5,787 Mil) to Sep. 2023 ($5,325 Mil).

Cia Energetica DE Minas Gerais - Cemig's annual market cap declined from Dec. 2020 ($4,372 Mil) to Dec. 2021 ($4,115 Mil) but then increased from Dec. 2021 ($4,115 Mil) to Dec. 2022 ($4,467 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 $6,878 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

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Market Cap

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5,191.16

4,972.43

4,372.32

4,114.87

4,467.06

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
Market Cap	Get a 7-Day Free Trial															4,445.05	4,467.06	4,929.16	5,787.37	5,325.26

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. 2022 is calculated as

Market Cap (A: Dec. 2022 )	=	Share Price (A: Dec. 2022 )	*	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	$2.03	*	2200.52
	=	$4,467

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

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	$2.42	*	2200.52
	=	$5,325

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) 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 companys 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 (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

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.