- Investing.com
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.
Metrics to compare | CIGN | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipCIGNPeersSector | |
---|---|---|---|---|
P/E Ratio | 6.0x | 9.4x | 11.9x | |
PEG Ratio | 0.42 | 0.08 | 0.02 | |
Price/Book | 1.3x | 1.4x | 1.3x | |
Price / LTM Sales | 0.9x | 1.1x | 1.6x | |
Upside (Analyst Target) | - | 21.8% | 16.0% | |
Fair Value Upside | Unlock | −4.1% | 1.3% | Unlock |