Cia Energetica DE Minas Gerais - Cemig CMIG3
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- BRL 14.46
- Day Range
- BRL 14.19–14.45
- 52-Week Range
- BRL 10.08–14.98
- Bid/Ask
- BRL 14.30 / BRL 14.59
- Market Cap
- BRL 40.91 Bil
- Volume/Avg
- 93,400 / 204,804
Key Statistics
- Price/Earnings (Normalized)
- 8.14
- Price/Sales
- 1.11
- Dividend Yield (Trailing)
- 4.79%
- Dividend Yield (Forward)
- 4.79%
- Total Yield
- 4.79%
Company Profile
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.
- Sector
- Utilities
- Industry
- Utilities - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 4,917
- Website
- https://www.cemig.com.br
Comparables
Valuation
Metric
|
CMIG3
|
EQPA3
|
ENMT3
|
---|---|---|---|
Price/Earnings (Normalized) | 8.14 | 6.46 | 13.08 |
Price/Book Value | 1.63 | 3.15 | 4.64 |
Price/Sales | 1.11 | 1.71 | 2.53 |
Price/Cash Flow | 5.64 | 4.38 | 9.06 |
Price/Earnings
CMIG3
EQPA3
ENMT3
Financial Strength
Metric
|
CMIG3
|
EQPA3
|
ENMT3
|
---|---|---|---|
Quick Ratio | 0.96 | 1.12 | 1.25 |
Current Ratio | 1.15 | 1.19 | 1.27 |
Interest Coverage | 6.63 | 7.91 | 4.58 |
Quick Ratio
CMIG3
EQPA3
ENMT3
Profitability
Metric
|
CMIG3
|
EQPA3
|
ENMT3
|
---|---|---|---|
Return on Assets (Normalized) | 9.14% | 13.46% | 5.66% |
Return on Equity (Normalized) | 20.97% | 43.31% | 20.26% |
Return on Invested Capital (Normalized) | 15.87% | 23.15% | 12.32% |
Return on Assets
CMIG3
EQPA3
ENMT3
Utilities - Diversified Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Iberdrola SA
IBDSF
| — | Tbzlfkn | $96.2 Bil | |||
Iberdrola SA ADR
IBDRY
| QZ | Fhjkddd | $96.2 Bil | |||
Enel SpA
ESOCF
| Dvdrztty | Jmgr | $78.4 Bil | |||
Enel SpA ADR
ENLAY
| Jdlzpzhd | Qhyc | $78.4 Bil | |||
Sempra
SRE
| Zjhnywfd | Lvrrjpb | $52.3 Bil | |||
Engie SA ADR
ENGIY
| — | Hpml | $41.1 Bil | |||
Engie SA
ENGQF
| — | Gvb | $41.1 Bil | |||
E.ON SE ADR
EONGY
| Hkbcgttkv | Pnyq | $37.5 Bil | |||
E.ON SE
ENAKF
| — | Pblsz | $37.5 Bil | |||
The AES Corp
AES
| Sqsqhjq | Nnjx | $13.6 Bil |