COMPANHIA ENERGETICA MINAS GERAIS

α : -1.57

Ticker: CMIG4.SA

Fundamental α

i
Weighted: 0.5
Layer / Ratio / Statistic TTM PY1 PY2
Overall Composite Score -1.6 2.2 3.0
Income Statement Composite -5.4 -5.0 -4.6
↳ 3-Year Revenue CAGR
↳ Capped Z-Score 0.00
↳ Sector Median Analytics
↳ Gross Margin
↳ Capped Z-Score -1.08 -1.12 -1.10
↳ Sector Median Analytics
↳ Operating Margin
↳ Capped Z-Score -0.82 -0.59 -0.46
↳ Sector Median Analytics
↳ Net Profit Margin
↳ Capped Z-Score -0.33 -0.14 0.08
↳ Sector Median Analytics
Cash Flow Composite -4.9 -5.1 -4.9
↳ 3-Year OCF CAGR
↳ Capped Z-Score -2.01
↳ Sector Median Analytics
↳ Operating Cash Flow Margin
↳ Capped Z-Score -1.05 -1.05 -1.02
↳ Sector Median Analytics
↳ Free Cash Flow Margin
↳ Capped Z-Score -0.26 -0.41 -0.26
↳ Sector Median Analytics
Balance Sheet Composite 8.7 12.3 12.6
↳ Return on Assets
↳ Capped Z-Score 0.78 1.83 2.43
↳ Sector Median Analytics
↳ Capital Intensity Ratio
↳ Capped Z-Score 0.99 0.76 0.78
↳ Sector Median Analytics
↳ Asset Turnover
↳ Capped Z-Score 1.83 1.89 1.89
↳ Sector Median Analytics
↳ Equity Multiplier
↳ Capped Z-Score -0.23 -0.49 -0.62
↳ Sector Median Analytics
↳ Return on Equity
↳ Capped Z-Score 0.87 1.87 1.79
↳ Sector Median Analytics
↳ Return on Invested Capital (ROIC)
↳ Capped Z-Score 0.17 1.68 1.57
↳ Sector Median Analytics

Market α

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Weighted: -2.0
Metric/Statistic Ticker Value
Market Valuation Composite 5.6
↳ Trailing P/E
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↳ Sector Median
↳ Forward P/E
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↳ Sector Median
↳ PEG Ratio
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↳ Sector Median
↳ EV/EBITDA
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↳ Sector Median
↳ EV/Revenue
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↳ Sector Median
↳ Potential Upside/(Downside) - Street Estimate
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↳ Sector Median
Relative (Discount)/ Premium - Operations
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↳ Actual Enterprise Value/Invested Capital:
↳ Predicted EV/Invested Capital:
↳ Fundamental Surplus:
Implied FCFF Growth Rate CURRENT
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↳ Weighted Historic FCFF Growth:
↳ Sector Median FCFF Growth:
↳ FCFF Growth Surplus:
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↳ FCFF Growth Surplus z-score:
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Implied FCFE Growth Rate CURRENT
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↳ Weighted Historic FCFE Growth:
↳ Sector Median FCFE Growth:
↳ FCFE Growth Surplus:
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↳ FCFE Growth Surplus z-score:
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WACC
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↳ Cost/Weight of Equity:
↳ Cost/Weight of Debt:

Company Profile & Operations

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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, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 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; installation, operation, maintenance and rental of solar plants; 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.