Companhia Energética de Minas Gerais - CEMIG involves the generation, transmission, distribution and sale of energy, gas distribution and the providing of energy solutions.
The segment information is disclosed separately into the following six repor…
Analysis
Bargain bin
Companhia Energética de Minas Gerais - CEMIG is priced cheaply, and that invites the natural question of why, since the underlying business scores below average. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is attractive. The owner-earnings multiple stands at 6.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -9% a year, against analyst forecasts of -28%. The market is pricing in far more than analysts expect: heroic expectations.
Growth is tepid; the safety picture is sturdy. The company scores 14/20 on our value-creation score: strong value creator.
Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202366
65
2023202420252026
All-time high
98
Jan 2025
All-time low
39
Mar 2026
Average rank
72
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
78
81
86
93
Price/Earnings
81
95
97
97
Price/Book
71
70
83
85
Dividend Yield
92
89
98
92
Value (overall)
94
96
96
98
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.