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Cia Energetica DE Minas Gerais - Cemig has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Cia Energetica DE Minas Gerais - Cemig shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Cia Energetica DE Minas Gerais - Cemig's Interest Coverage for the quarter that ended in Mar. 2026 was 17,539.25.
Cia Energetica DE Minas Gerais - Cemig's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.00.
As of today, Cia Energetica DE Minas Gerais - Cemig's Altman Z-Score is 155.72.
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Cia Energetica DE Minas Gerais - Cemig has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Cia Energetica DE Minas Gerais - Cemig Financial Strength Related Terms
MEX:CIGN vs NEE, SO, DUK: Financial Strength Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Financial Strength distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Financial Strength falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Cia Energetica DE Minas Gerais - Cemig has a Z-score of 155.72, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 155.72 is strong.
* 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 Financial Strength of 8 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Financial Strength has ranged from 3.00 to 8.00.
Is Cia Energetica DE Minas Gerais - Cemig's Financial Strength too high?
Cia Energetica DE Minas Gerais - Cemig's current Financial Strength of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. 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 Financial Strength compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Financial Strength of 8 can be compared against companies in the Utilities - Regulated industry. Historically, Cia Energetica DE Minas Gerais - Cemig's own Financial Strength has ranged from 3.00 to 8.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Utilities - Regulated company?
A good Financial Strength depends on the Utilities - Regulated industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. Cia Energetica DE Minas Gerais - Cemig's current Financial Strength is 8, which is 60% above median its own 10-year median of 5.00. 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 Financial Strength is 8, which is 60% above median its 10-year median of 5.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current Financial Strength is 8 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:
Financial Strength: 8 (60% above median its 10-year median of 5.00)
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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