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Earnings transcript
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CIG-
CIG-C
Companhia Energética de Minas Gerais
$3
-0.08
(-2.6%)
| Exchange: | NYSE |
| Market Cap: | 8.582B |
| Shares Outstanding: | 1.864B |
Delayed data
About The Company
| Sector: | Utilities | |||||
| Industry: | Diversified Utilities | |||||
| CEO: | Reynaldo Passanezi Filho | |||||
| Full Time Employees: | 5028 | |||||
| Address: |
| |||||
| Website: | https://www.cemig.com.br |
Companhia 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.
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Revenue Segmentation
EPS
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Earnings Call
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 36,850,000 | 39,820,000 | 42,751,000 |
| Gross Profit | 8,384,000 | 7,830,000 | 7,237,000 |
| EBITDA | 9,152,000 | 11,742,000 | 8,706,000 |
| Operating Income | 6,213,000 | 7,492,000 | 6,328,000 |
| Net Income | 5,764,000 | 7,117,000 | 4,897,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 55,000,000 | 59,726,000 | 66,994,438 |
| Total Liabilities | 30,344,000 | 32,344,000 | 38,427,079 |
| Total Stockholders Equity | 22,792,607 | 27,377,000 | 28,562,039 |
| Total Debt | 10,264,000 | 12,709,000 | 19,872,582 |
| Cash and Cash Equivalents | 1,537,000 | 1,898,000 | 1,900,682 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 6,644,278 | 5,496,000 | 3,996,457.831 |
| Capital Expenditure | -1,263,539 | -919,000 | -685,447.842 |
| Free Cash Flow | 5,382,000 | 4,577,000 | 3,311,009.988 |
| Net Income | 5,764,273 | 7,119,000 | 4,801,208.217 |
| Net Change in Cash | 96,000 | 361,000 | 217,802.862 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 26,959,483.008 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 42,143,538.070 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 35,629,363.277 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 6,111,059.228 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 9,552,915.282 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 8,076,310.261 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 690,464.816 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,079,346.747 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 912,510.888 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 7 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 0 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Common questions about CIG-C valuation
Is Companhia Energética de Minas Gerais (CIG-C) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Companhia Energética de Minas Gerais (CIG-C) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
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What is CIG-C’s P/E ratio?
You can see CIG-C’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CIG-C?
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CIG-C
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-2.6
Trading Metrics:
| Open: | 3 | Previous Close: | 3.08 | |
| Day Low: | 3 | Day High: | 3 | |
| Year Low: | 2.35 | Year High: | 4 | |
| Price Avg 50: | 3.37 | Price Avg 200: | 2.9 | |
| Volume: | 111 | Average Volume: | 4737 |
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