Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) Tax Rate %: 6.67% (As of Mar. 2026)

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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.

FRA:CIDA Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
66 GF Score
Price €1.81
GF Value €400.22
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Tax Rate %?

Cia Energetica DE Minas Gerais - Cemig FRA:CIDA 66 Tax Rate % is 6.67% as of Mar. 2026. GuruFocus rates FRA:CIDA with a GF Score™ of 66/100 and a GF Value™ of €400.22 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cia Energetica DE Minas Gerais - Cemig's Tax Expense for the three months ended in Mar. 2026 was €12 Mil. Cia Energetica DE Minas Gerais - Cemig's Pre-Tax Income for the three months ended in Mar. 2026 was €174 Mil. Therefore, Cia Energetica DE Minas Gerais - Cemig's Tax Rate % for the quarter that ended in Mar. 2026 was 6.67%.

Cia Energetica DE Minas Gerais - Cemig Tax Rate % Related Terms

Cia Energetica DE Minas Gerais - Cemig Tax Rate % Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's Tax Rate % 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 Tax Rate % Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.13 0.63 15.82 23.93 13.60

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
Tax Rate % 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 14.42 13.77 5.88 15.97 6.67
FRA:CIDA
66GF Score
Cia Energetica DE Minas Gerais - Cemig FRA:CIDA
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cia Energetica DE Minas Gerais - Cemig Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Cia Energetica DE Minas Gerais - Cemig's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=120.687/887.545
=13.60 %

Cia Energetica DE Minas Gerais - Cemig's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=11.578/173.509
=6.67 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 6.67% mean?
Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA) has a Tax Rate % of 6.67% as of Mar. 2026.
Is Cia Energetica DE Minas Gerais - Cemig's Tax Rate % too high?
Cia Energetica DE Minas Gerais - Cemig's current Tax Rate % is 6.67%. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Tax Rate % compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Tax Rate % of 6.67% 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 Tax Rate % for an Utilities - Regulated company?
A good Tax Rate % depends on the Utilities - Regulated industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Cia Energetica DE Minas Gerais - Cemig's current Tax Rate % is 6.67%. 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 (FRA:CIDA) is currently considered Significantly Undervalued. The stock's GF Value™ is €400.22, compared to a current price of €1.81 — trading 99.5% below its estimated fair value. The current Tax Rate % is 6.67%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Cia Energetica DE Minas Gerais - Cemig (FRA:CIDA), the current Tax Rate % is 6.67% 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:CIDA) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €1.81 is trading 99.5% below its estimated GF Value™ of €400.22. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.

Key valuation signals for FRA:CIDA:

  • Tax Rate %: 6.67%
  • GF Value™: €400.22 vs. price of €1.81 (99.5% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the FRA:CIDA 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.
66GF Score

Get the complete analysis for FRA:CIDA

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

€1.81
Price
€400.22
GF Value