Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Momentum Rank: 1 (As of Jul. 30, 2026) — 86% Below Median

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CIGN Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
57 GF Score
Price MXN38.00
GF Value MXN8,476.90
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Cia Energetica DE Minas Gerais - Cemig Momentum Rank?

Cia Energetica DE Minas Gerais - Cemig MEX:CIGN 57 Momentum Rank is 1 as of Jul. 30, 2026, which is 86% below its 10-year median of 7.00. GuruFocus rates MEX:CIGN with a GF Score™ of 57/100 and a GF Value™ of MXN8,476.90 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Cia Energetica DE Minas Gerais - Cemig has the Momentum Rank of 1.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Cia Energetica DE Minas Gerais - Cemig Momentum Rank Related Terms

MEX:CIGN vs NEE, SO, DUK: Momentum Rank Comparison

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

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

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


MEX:CIGN
57GF Score
Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 1 mean?
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) has a Momentum Rank of 1 as of Jul. 30, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. This is 86% below median its historical median of 7.00. Over the past decade, Cia Energetica DE Minas Gerais - Cemig's Momentum Rank has ranged from 1.00 to 10.00.
Is Cia Energetica DE Minas Gerais - Cemig's Momentum Rank too high?
Cia Energetica DE Minas Gerais - Cemig's current Momentum Rank of 1 is 86% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. 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 Momentum Rank compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Momentum Rank of 1 can be compared against companies in the Utilities - Regulated industry. Historically, Cia Energetica DE Minas Gerais - Cemig's own Momentum Rank has ranged from 1.00 to 10.00 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 Momentum Rank for an Utilities - Regulated company?
A good Momentum Rank depends on the Utilities - Regulated industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. Cia Energetica DE Minas Gerais - Cemig's current Momentum Rank is 1, which is 86% below median its own 10-year median of 7.00. 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 Momentum Rank is 1, which is 86% below median its 10-year median of 7.00. 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 Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current Momentum Rank is 1 as of Jul. 30, 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:

  • Momentum Rank: 1 (86% below median its 10-year median of 7.00)
  • GF Value™: MXN8,476.90 vs. price of MXN38.00 (99.6% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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

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.
57GF Score

Get the complete analysis for MEX:CIGN

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

MXN38.00
Price
MXN8,476.90
GF Value