Companhia Energética de Minas Gerais
CIG-CNYSEUtilitiesRegulated Electric
Previous close
$2.93
+$0.05 · +1.74%
CIG-C company overview
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GoAI snapshot
AI-powered factor overview
GoAI score
Buy
Favorable setup — positive multi-factor alignment
Valuation
86
Deep Value
Momentum
45
Neutral
Sentiment
62
Bullish
Risk resilience
53
Elevated Risk
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Company profile
Company websiteCompanhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, distribution, and retail of power. As of December 31, 2021, its substantial infrastructure included 70 generating facilities powered by hydroelectric, wind, and solar sources, boasting a combined installed capacity of 5,700 megawatts. The company also maintained an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity operations, CEMIG's diverse ventures encompass the procurement, transportation, and supply of natural gas, along with its by-products and derivatives. It also provides a range of IT services, such as cloud solutions, infrastructure management, and cybersecurity, as well as supplying technology systems for the operational oversight of public service concessions. Additional activities include energy trading, telecommunications services, distributed power generation, customer account handling, cogeneration, initiatives for energy efficiency, and the management of supply and storage. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.
- Industry
- Regulated Electric
- Sector
- Utilities
- Headquarters
- BR
- CEO
- Reynaldo Passanezi Filho
- Listed since
- Jun 12, 2007
- Employees
- 5,320
Market position
Day range
Current $2.93
52-week range
Current $2.93
- Open
- $2.88
- Previous close
- $2.88
- Volume
- 1.25K
- 0.41× average
- Average volume
- 3.07K
- Average daily volume
- Market cap
- 8.38B USD
- Beta
- 0.06
- Market reference 1
- 50-day average
- $3.0753
- -4.72% below average
- 200-day average
- $3.0062
- -2.53% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 58.71B BRL
- P/E (TTM)
- 9.5×
- P/B (TTM)
- 1.5×
- P/S (TTM)
- 1×
- EV / EBITDA
- 6.74×
- Earnings yield
- 12.02%
- Free cash flow yield
- 8.13%
- Dividend yield
- 7.74%
Profitability & efficiency
- Gross margin
- 14.46%
- Operating margin
- 12.23%
- Net margin
- 10.51%
- Return on equity
- 17.15%
- Return on assets
- 7.31%
- Return on invested capital
- 9.82%
Financial health
- Debt / equity
- 0.78×
- Current ratio
- 1×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (BRL) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 42.75B BRL | 39.82B BRL | 36.85B BRL | 34.46B BRL | 33.65B BRL |
| Cost of goods sold | 35.51B BRL | 31.99B BRL | 28.47B BRL | 27.65B BRL | 26.92B BRL |
| Gross profit | 7.24B BRL | 7.83B BRL | 8.38B BRL | 6.81B BRL | 6.72B BRL |
| Selling, general, and administrative | 124M BRL | 1.26B BRL | 1.43B BRL | 1.41B BRL | 463M BRL |
| Operating expenses | 909M BRL | 338M BRL | 2.17B BRL | 1.13B BRL | −228M BRL |
| Interest income | 431M BRL | 299M BRL | 90.54M BRL | 337M BRL | 462M BRL |
| Interest expense | 1.5B BRL | 1.01B BRL | 238.5M BRL | 935M BRL | 1.17B BRL |
| Depreciation and amortization | 1.53B BRL | 1.38B BRL | 1.27B BRL | 1.18B BRL | 1.05B BRL |
| Operating income | 6.33B BRL | 7.49B BRL | 6.21B BRL | 5.69B BRL | 6.95B BRL |
| Net income | 4.9B BRL | 7.12B BRL | 5.76B BRL | 4.09B BRL | 3.75B BRL |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 82%
- 9 beats, 1 miss, 1 met estimate
- Average EPS surprise
- +38.46%
- 11 comparable reports
- Latest EPS result
- 0.05
- Estimate 0.05 · Met by 0.00%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$0.3097
2025 complete year+129.6% since 2021
2026 partial: $0.1328
$0.1349
2,021
$0.2084
2,022
$0.1719
2,023
$0.2379
2,024
$0.3097
2,025
$0.1328
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jul 2, 2026 | $0.0429Irregular | Jul 2, 2026 | — |
Dividend | May 14, 2026 | $0.0467Irregular | May 14, 2026 | Jul 8, 2026 |
Dividend | Mar 30, 2026 | $0.0432Quarterly | Mar 30, 2026 | — |
Dividend | Dec 30, 2025 | $0.0443Irregular | Dec 30, 2025 | Jul 8, 2026 |
Dividend | Dec 29, 2025 | $0.031Irregular | Dec 29, 2025 | Jan 7, 2026 |
Dividend | Oct 6, 2025 | $0.0403Quarterly | Oct 6, 2025 | Jul 8, 2026 |
Ex-dividend Jul 2, 2026
$0.0429
Irregular
Record Jul 2, 2026
Ex-dividend May 14, 2026
$0.0467
Irregular
Record May 14, 2026 · Payment Jul 8, 2026
Ex-dividend Mar 30, 2026
$0.0432
Quarterly
Record Mar 30, 2026
Ex-dividend Dec 30, 2025
$0.0443
Irregular
Record Dec 30, 2025 · Payment Jul 8, 2026
Ex-dividend Dec 29, 2025
$0.031
Irregular
Record Dec 29, 2025 · Payment Jan 7, 2026
Ex-dividend Oct 6, 2025
$0.0403
Quarterly
Record Oct 6, 2025 · Payment Jul 8, 2026
CIG-C peers
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