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MEX:CIGN's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 6.34 * Ranked among companies with meaningful Price-to-Net-Cash only.
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Cia Energetica DE Minas Gerais - Cemig Net Cash per Share Related Terms
Cia Energetica DE Minas Gerais - Cemig Net Cash per Share 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.
Cia Energetica DE Minas Gerais - Cemig Net Cash per Share Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
MEX:CIGN vs NEE, SO, DUK: Net Cash per Share Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Price-to-Net-Cash falls into.
Cia Energetica DE Minas Gerais - Cemig Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* 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 (MEX:CIGN) has a Net Cash per Share of MXN0.00 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #999999 out of 41 companies in the Utilities - Regulated industry.
Is Cia Energetica DE Minas Gerais - Cemig's Net Cash per Share too high?
Cia Energetica DE Minas Gerais - Cemig's current Net Cash per Share is MXN0.00. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #999999 out of 41 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Net Cash per Share compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #999999 out of 41 companies for Net Cash per Share. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median Net Cash per Share is 6.34. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Utilities - Regulated company?
The median Net Cash per Share among Utilities - Regulated companies is 6.34, based on 41 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Net Cash per Share is 6.34 — 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 Net Cash per Share is MXN0.00. 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 (MEX:CIGN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN8,476.90, compared to a current price of MXN38.00 — trading 99.6% below its estimated fair value. The current Net Cash per Share is MXN0.00. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current Net Cash per Share is MXN0.00 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 (MEX:CIGN) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of MXN38.00 is trading 99.6% below its estimated GF Value™ of MXN8,476.90.
GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.
Key valuation signals for MEX:CIGN:
Net Cash per Share: MXN0.00
GF Value™: MXN8,476.90 vs. price of MXN38.00 (99.6% below fair value)
No single metric tells the full story. See the MEX:CIGN 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.
57GF Score
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