Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) Scaled Net Operating Assets: 0.00 (As of Mar. 2026)


FRA:CIDS Cia Energetica DE Minas Gerais - Cemig FRA:CIDS
65 GF Score
Price €2.44
GF Value €568.40
! 4 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Scaled Net Operating Assets?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDS -1.61% 65 Scaled Net Operating Assets is 0.00 as of Mar. 2026. GuruFocus rates FRA:CIDS with a GF Score™ of 65/100 and a GF Value™ of €568.40. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cia Energetica DE Minas Gerais - Cemig's operating assets for the quarter that ended in Mar. 2026 was €0 Mil. Cia Energetica DE Minas Gerais - Cemig's operating liabilities for the quarter that ended in Mar. 2026 was €0 Mil. Cia Energetica DE Minas Gerais - Cemig's Total Assets for the quarter that ended in Dec. 2025 was €10,492 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.00.


Cia Energetica DE Minas Gerais - Cemig Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.63 0.62 0.56 0.74

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
Scaled Net Operating Assets 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 0.65 0.61 0.66 0.67 0.00

FRA:CIDS vs NEE, SO, DUK: Scaled Net Operating Assets Comparison

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

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

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets falls into.


FRA:CIDS
65GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Energetica DE Minas Gerais - Cemig Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(9813.244-2905.889)/9349.17
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10492.13 - 678.886
=9813.244

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6018.245 - 2620.684 - 491.672
=2905.889

Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(0-0)/10492.13
=0.00

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0 - 0
=0

* 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.

What does a Scaled Net Operating Assets of 0.00 mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a Scaled Net Operating Assets of 0.00 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors.
Is Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets too high?
Cia Energetica DE Minas Gerais - Cemig's current Scaled Net Operating Assets is 0.00. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Scaled Net Operating Assets of 0.00 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. Cia Energetica DE Minas Gerais - Cemig's current Scaled Net Operating Assets is 0.00. 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?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS) has a current Scaled Net Operating Assets of 0.00. The stock's GF Value™ is €568.40, compared to a current price of €2.44 — trading 99.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.00. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDS), the current Scaled Net Operating Assets is 0.00 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:CIDS) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €2.44 is trading 99.6% below its estimated GF Value™ of €568.40.

Key valuation signals for FRA:CIDS:

  • Scaled Net Operating Assets: 0.00
  • GF Value™: €568.40 vs. price of €2.44 (99.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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

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:CIDS

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.44
Price
€568.40
GF Value