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Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Valuation Rank


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

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Cia Energetica DE Minas Gerais - Cemig Valuation Rank Related Terms

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Cia Energetica DE Minas Gerais - Cemig Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) » Definitions » Valuation Rank
Comparable Companies
BSP:CPLE3 BSP:ENEV3 BSP:EMAE4 XMAD:IBE ADX:TAQA SAU:2082 MIL:ENEL SRE XPAR:ENGI DFM:DEWA XTER:EOAN XTER:RWE LSE:SSE XTER:EBK TSX:BIP.UN XLIS:EDP ASX:ORG AES TSE:9502 TSX:CU
Traded in Other Exchanges
CIG.C:USA CIG:USA XCMIG:Spain 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.