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Energy of Minas Gerais (CMIG3)

B3
Currency in BRL
14.80
-0.05(-0.34%)
Closed
CMIG3 Scorecard
Full Analysis
Trading at a low EBIT valuation multiple
High dividend Yield
Fair Value
Day's Range
14.6014.98
52 wk Range
9.1915.99
Key Statistics
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Bid/Ask
14.80 / 14.88
Prev. Close
14.85
Open
14.6
Day's Range
14.6-14.98
52 wk Range
9.19-15.99
Volume
73.2K
Average Volume (3m)
181.59K
1-Year Change
45.3%
Fair Value
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Fair Value Upside
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CMIG3 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
12.03
Downside
-18.72%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low EBITDA valuation multiple
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Energy of Minas Gerais Company Profile

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; 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.

Sector
Utilities
Employees
4918
Market
Brazil

Compare CMIG3 to Peers and Sector

Metrics to compare
CMIG3
Peers
Sector
Relationship
P/E Ratio
4.6x8.7x12.0x
PEG Ratio
0.090.270.02
Price/Book
1.3x1.5x1.3x
Price / LTM Sales
0.9x1.1x1.6x
Upside (Analyst Target)
-37.8%17.7%
Fair Value Upside
Unlock−4.4%1.4%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.8
Dividend Yield
11.12%
Industry Median 3.06%
Annualised payout
1.6514
Paid unevenly
5-Years Growth
-
Growth Streak

FAQ

What Is the Energy of Minas Gerai (CMIG3) Stock Price Today?

The Energy of Minas Gerai stock price today is 14.80

What Stock Exchange Does Energy of Minas Gerai Trade On?

Energy of Minas Gerai is listed and trades on the B3 stock exchange.

What Is the Stock Symbol for Energy of Minas Gerai?

The stock symbol for Energy of Minas Gerai is "CMIG3."

Does Energy of Minas Gerai Pay Dividends? What’s The Current Dividend Yield?

The Energy of Minas Gerai dividend yield is 10.78%.

What Is the Energy of Minas Gerai Market Cap?

As of today, Energy of Minas Gerai market cap is 36.45B.

What is Energy of Minas Gerai Earnings Per Share?

The Energy of Minas Gerai EPS is 2.80.

What Is the Next Energy of Minas Gerai Earnings Date?

Energy of Minas Gerai will release its next earnings report on 19 Mar 2025.

From a Technical Analysis Perspective, Is CMIG3 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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