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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Cia Energetica DE Minas Gerais - Cemig's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 16.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
FRA:CIDS's 10-Year ROIIC % is ranked better than 87.99% of 458
companies
in the Utilities - Regulated industry
Industry Median: 3.61
vs FRA:CIDS: 16.66
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Cia Energetica DE Minas Gerais - Cemig 10-Year ROIIC % Related Terms
Cia Energetica DE Minas Gerais - Cemig 10-Year ROIIC % 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 10-Year ROIIC % Chart
Cia Energetica DE Minas Gerais - Cemig Annual Data
FRA:CIDS vs NEE, SO, DUK: 10-Year ROIIC % Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's 10-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a 10-Year ROIIC % of 16.66 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. 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 #55 out of 458 companies in the Utilities - Regulated industry, placing it in the top 12%.
Is Cia Energetica DE Minas Gerais - Cemig's 10-Year ROIIC % too high?
Cia Energetica DE Minas Gerais - Cemig's current 10-Year ROIIC % is 16.66. The Utilities - Regulated industry median 10-Year ROIIC % is 3.61. Cia Energetica DE Minas Gerais - Cemig's value of 16.66 is 361.5% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #55 out of 458 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's 10-Year ROIIC % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #55 out of 458 companies for 10-Year ROIIC %. This places Cia Energetica DE Minas Gerais - Cemig in the top 12% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 3.61. Cia Energetica DE Minas Gerais - Cemig's value of 16.66 is 361.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for an Utilities - Regulated company?
The median 10-Year ROIIC % among Utilities - Regulated companies is 3.61, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % 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 10-Year ROIIC % of 16.66 is 361.5% above 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median 10-Year ROIIC % is 3.61 — 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 10-Year ROIIC % is 16.66. 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?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a current 10-Year ROIIC % of 16.66. The stock's GF Value™ is €593.48, compared to a current price of €2.62 — trading 99.6% below its estimated fair value. The current 10-Year ROIIC % is 16.66 and 361.5% above the Utilities - Regulated industry median of 3.61. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current 10-Year ROIIC % is 16.66 as of Dec. 2025. 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:CIDS) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of €2.62 is trading 99.6% below its estimated GF Value™ of €593.48.
Key valuation signals for FRA:CIDS:
10-Year ROIIC %: 16.66
GF Value™: €593.48 vs. price of €2.62 (99.6% below fair value)
Industry Position: 361.5% above the Utilities - Regulated median (#55 of 458)
No single metric tells the full story. See the FRA:CIDS 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.
66GF Score
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