US · CIG
Companhia Energética de Minas Gerais
- Sector
- Utilities · Diversified Utilities
- Headquarters
- Belo Horizonte, MG 30190-131
- Website
- cemig.com.br
Price · as of 2024-12-31
$2.50
Market cap 6.78B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $1.00 | -60% |
| Intrinsic Value(DCF) | $1.52 | -39.2% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $7.30 | +192% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $1.64 | $4.42 | $5.46 | $0.00 | $3.90 |
| 2011 | $2.31 | $4.25 | $0.79 | $0.00 | $0.00 |
| 2012 | $2.01 | $4.82 | $1.15 | $0.50 | $7.00 |
| 2013 | $1.39 | $5.76 | $1.48 | $0.00 | $3.50 |
| 2014 | $1.11 | $5.78 | $14.39 | $0.00 | $9.70 |
| 2015 | $0.69 | $4.11 | $15.98 | $1.30 | $4.70 |
| 2016 | $1.22 | $4.09 | $0.73 | $0.30 | $0.00 |
| 2017 | $0.93 | $4.46 | $0.55 | $0.70 | $1.50 |
| 2018 | $1.45 | $4.57 | $0.38 | $1.20 | $1.40 |
| 2019 | $1.23 | $4.54 | $0.77 | $1.40 | $4.50 |
| 2020 | $0.94 | $5.13 | $0.46 | $1.50 | $1.30 |
| 2021 | $1.21 | $5.18 | $23.77 | $1.10 | $9.80 |
| 2022 | $1.06 | $4.18 | $4.78 | $0.70 | $2.80 |
| 2023 | $1.43 | $4.80 | $7.63 | $1.70 | $5.60 |
| 2024 | $1.77 | $5.35 | $1.48 | $0.00 | $7.30 |
AI valuation
Our deep-learning model estimates Companhia Energética de Minas Gerais's (CIG) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $1.00
- Current price
- $2.50
- AI upside
- -60%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$1.52
-39.2% upside
Graham-Dodd
—
— upside
Graham Formula
$7.30
+192% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CIG | Companhia Energética de M… | $2.50 | 6.78B | +114% | -39% | — | +192% | 3.80 | 0.99 | 0.68 | 3.09 | 15.91 | 2.56 | 19.66% | 18.81% | 17.87% | 27.37% | 16.66% | 12.41% | 0.46 | 36.58 | 0.86 | 0.76 | 0.92 | 2388.00% | 806.00% | -1496.00% | 16.92% | 0.39 | 13.38% | 15.87% | 60.30% | 15.87% | 4.85 | 7.93 | 0.91 | 1.86 |
| ALE | ALLETE, Inc. | $67.90 | 3.94B | -33% | -62% | -67% | — | 30.26 | 1.29 | 2.41 | 11.19 | — | 1.37 | 32.49% | 10.47% | 11.72% | 4.30% | 3.37% | 1.65% | 0.64 | 1.96 | 1.08 | 0.50 | 3.61 | -2794.00% | -1862.00% | -6746.00% | 2.77% | 1.13 | 2.24% | 4.42% | 133.80% | 4.42% | 33.98 | 53.23 | 3.56 | 1.03 |
| AVA | Avista Corporation | $40.62 | 3.31B | -31% | -61% | -62% | -44% | 16.75 | 1.19 | 1.65 | 9.98 | 381.87 | 1.22 | 24.19% | 18.02% | 9.83% | 7.28% | 5.39% | 2.33% | 1.22 | 2.39 | 20.25 | 7.72 | 5.04 | 439.00% | 134.00% | -1020000.00% | -3.12% | 13.03 | -1.73% | 4.92% | 82.40% | 4.92% | 18.44 | -64.65 | 3.32 | 30.44 |
| BKH | Black Hills Corporation | $73.66 | 5.56B | +2% | -53% | -81% | -11% | 17.89 | 1.40 | 2.32 | 11.94 | 999.54 | 2.13 | 38.47% | 23.27% | 12.62% | 8.19% | 5.79% | 2.87% | 1.23 | 2.60 | 1.35 | 0.80 | 5.46 | 179.00% | 857.00% | 48795.00% | -2.73% | 0.91 | -1.81% | 3.69% | 66.00% | 3.69% | 18.39 | -67.51 | 4.28 | 1.04 |
| ELP | Companhia Paranaense de E… | $9.27 | 6.88B | +16% | -64% | -64% | -17% | 13.80 | 1.24 | 1.41 | 8.75 | 201.51 | 3.52 | 17.98% | 17.94% | 12.40% | 9.31% | 8.89% | 4.08% | 0.68 | -6.14 | 1.26 | 0.81 | 2.59 | 685.00% | 545.00% | -134.00% | 10.22% | 0.33 | 8.98% | 4.98% | 68.70% | 5.14% | 11.14 | 13.90 | 2.00 | 1.52 |
| MNTK | Montauk Renewables, Inc. | $1.54 | 219.08M | +1,585% | -2% | +40% | -62% | 45.46 | 1.72 | 2.52 | 11.22 | — | 1.85 | 44.14% | 9.17% | 5.54% | 3.83% | 4.96% | 2.78% | 0.24 | 3.06 | 1.71 | 1.61 | 0.42 | -3782.00% | 48.00% | -1593.00% | -4.19% | 1.31 | -7.14% | 0.00% | 0.00% | 0.40% | 28.52 | -24.82 | 2.62 | 3.86 |
| NWE | Northwestern Energy Group… | $69.96 | 4.3B | +2% | -55% | -77% | -40% | 23.71 | 1.49 | 2.67 | 12.89 | — | 1.71 | 82.31% | 20.23% | 11.24% | 6.31% | 5.19% | 2.20% | 1.14 | 2.17 | 0.72 | 0.31 | 5.58 | -1945.00% | 638.00% | -877.00% | -3.03% | 0.57 | -2.15% | 3.76% | 89.10% | 3.76% | 23.24 | -58.25 | 4.70 | 0.90 |
| OTTR | Otter Tail Corporation | $85.10 | 3.57B | -25% | -42% | -47% | -52% | 13.00 | 1.93 | 2.75 | 9.17 | — | 1.97 | 27.81% | 26.51% | 21.16% | 15.63% | 12.05% | 7.24% | 0.59 | 7.32 | 2.28 | 1.67 | 1.55 | -865.00% | -199.00% | 408.00% | 2.73% | 1.10 | 3.99% | 2.45% | 31.90% | 2.49% | 12.30 | 43.41 | 3.26 | 2.21 |
| UTL | Unitil Corporation | $52.31 | 940.74M | -23% | -1% | -56% | -12% | 18.23 | 1.50 | 1.71 | 9.29 | 1335.63 | 1.51 | 41.27% | 18.88% | 9.37% | 8.95% | 5.55% | 2.55% | 1.54 | 2.31 | 0.56 | 0.31 | 4.66 | 137.00% | 833.00% | 2227.00% | -5.88% | 0.31 | -3.85% | 3.29% | 60.00% | 3.29% | 18.17 | -34.17 | 3.43 | 0.78 |
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.
- CEO
- Reynaldo Passanezi Filho
- Employees
- 5.03K
- Beta
- 0.29
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($1.52 ÷ $2.50) − 1 = -39.2% (DCF, example).