Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Pretax Margin %: 0.01% (As of Mar. 2026) — 100% Below Median


FRA:CIDA Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
65 GF Score
Price €1.89
GF Value €440.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Pretax Margin %?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDA +13.17% 65 Pretax Margin % is 0.01% as of Mar. 2026, which is 100% below its 10-year median of 13.62. GuruFocus rates FRA:CIDA with a GF Score™ of 65/100 and a GF Value™ of €440.28 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 501 Utilities - Regulated companies, Cia Energetica DE Minas Gerais - Cemig ranks worse than 89.42% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cia Energetica DE Minas Gerais - Cemig's Pre-Tax Income for the three months ended in Mar. 2026 was €174 Mil. Cia Energetica DE Minas Gerais - Cemig's Revenue for the three months ended in Mar. 2026 was €1,710,600 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's pretax margin for the quarter that ended in Mar. 2026 was 0.01%.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's Pretax Margin % or its related term are showing as below:

FRA:CIDA' s Pretax Margin % Range Over the Past 10 Years
Min: 0.05   Med: 13.62   Max: 23.5
Current: 0.05


FRA:CIDA's Pretax Margin % is ranked worse than
89.42% of 501 companies
in the Utilities - Regulated industry
Industry Median: 12.12 vs FRA:CIDA: 0.05

Cia Energetica DE Minas Gerais - Cemig  (FRA:CIDA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Cia Energetica DE Minas Gerais - Cemig Pretax Margin % Related Terms


Cia Energetica DE Minas Gerais - Cemig Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Pretax Margin % 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.

Cia Energetica DE Minas Gerais - Cemig Pretax Margin % Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.97 11.95 18.59 23.50 13.26

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 0.01 12.78 8.04 19.25 0.01

FRA:CIDA vs NEE, SO, DUK: Pretax Margin % Comparison

For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Utilities - Regulated Industry

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

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Pretax Margin % falls into.


FRA:CIDA
65GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Energetica DE Minas Gerais - Cemig Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Cia Energetica DE Minas Gerais - Cemig's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=887.545/6691.965
=13.26 %

Cia Energetica DE Minas Gerais - Cemig's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=173.509/1710599.858
=0.01 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 0.01% mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) has a Pretax Margin % of 0.01% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 100% below median its historical median of 13.62. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Pretax Margin % has ranged from 0.05 to 23.50. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #448 out of 501 companies in the Utilities - Regulated industry, placing it in the top 89.4%.
Is Cia Energetica DE Minas Gerais - Cemig's Pretax Margin % too high?
Cia Energetica DE Minas Gerais - Cemig's current Pretax Margin % of 0.01% is 100% below median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 23.50. The Utilities - Regulated industry median Pretax Margin % is 12.12. Cia Energetica DE Minas Gerais - Cemig's value of 0.01% is 99.9% below this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #448 out of 501 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 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Pretax Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #448 out of 501 companies for Pretax Margin %. This places Cia Energetica DE Minas Gerais - Cemig in the lower half of its industry. The industry median Pretax Margin % is 12.12. Cia Energetica DE Minas Gerais - Cemig's value of 0.01% is 99.9% below this benchmark. Historically, Cia Energetica DE Minas Gerais - Cemig's own Pretax Margin % has ranged from 0.05 to 23.50 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 12.12, Cia Energetica DE Minas Gerais - Cemig has consistently been below 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 Pretax Margin % for an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.12, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % of 0.01% is 99.9% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.12 — 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 Pretax Margin % is 0.01%, which is 100% below median its own 10-year median of 13.62. 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 €440.28, compared to a current price of €1.89 — trading 99.6% below its estimated fair value. The current Pretax Margin % is 0.01%, which is 100% below median its 10-year median of 13.62 and 99.9% below the Utilities - Regulated industry median of 12.12. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current Pretax Margin % is 0.01% 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 99.6% below its estimated GF Value™ of €440.28. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.

Key valuation signals for FRA:CIDA:

  • Pretax Margin %: 0.01% (100% below median its 10-year median of 13.62)
  • GF Value™: €440.28 vs. price of €1.89 (99.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 99.9% below the Utilities - Regulated median (#448 of 501)

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

Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
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.
65GF Score

Get the complete analysis for FRA:CIDA

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.89
Price
€440.28
GF Value