CIG:NYE-Companhia Energética de Minas Gerais (USD)

COMMON STOCK | Utilities-Diversified | NYE

Last Closing Price

USD 2.20

Change

+0.08 (+3.77)%

Market Cap

USD 3.95B

Volume

6.51M

Average Target Price

USD 17.00 (+672.73%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2020, the company operated 89 hydroelectric, wind, and solar plants with an installed capacity of 6,000 MW; 339,086 miles of distribution lines; and as of January 27, 2021, it operated 4,374 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; 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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-13 )

Largest Industry Peers for Utilities-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
DCUE Dominion Energy, Inc

+0.78 (+0.76%)

USD62.53B 59.99 N/A
D Dominion Energy, Inc

+1.24 (+1.61%)

USD62.22B 79.86 15.12
NGG National Grid plc

+0.56 (+0.87%)

USD46.77B 22.04 18.85
EXC Exelon Corporation

+1.31 (+3.03%)

USD42.12B 38.83 7.72
SRE Sempra Energy

+2.52 (+1.86%)

USD40.94B 10.29 14.52
SRE-PB Sempra Energy

+0.75 (+0.72%)

USD35.26B 7.98 N/A
SRE-PA Sempra Energy

N/A

USD32.92B 7.53 N/A
PEG Public Service Enterprise Grou..

+1.45 (+2.39%)

USD30.68B 14.59 10.39
ETR Entergy Corporation

+2.18 (+2.10%)

USD21.48B 13.43 10.24
FE FirstEnergy Corp

+1.04 (+2.85%)

USD19.82B 14.77 10.90

ETFs Containing CIG

Symbol Name Weight Mer Price(Change) Market Cap

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -23.61% 5% F 4% F
Dividend Return 5.78% 100% A+ 98% A+
Total Return -17.83% 5% F 6% F
Trailing 12 Months  
Capital Gain 48.65% 85% B 56% F
Dividend Return 15.40% 100% A+ 97% A+
Total Return 64.05% 85% B 63% D
Trailing 5 Years  
Capital Gain 27.17% 50% F 48% F
Dividend Return 36.23% 100% A+ 87% B+
Total Return 63.40% 78% C+ 59% F
Average Annual (5 Year Horizon)  
Capital Gain 4.88% 61% D- 57% F
Dividend Return 4.45% 83% B 81% B-
Total Return 9.31% 67% D+ 64% D
Risk Return Profile  
Volatility (Standard Deviation) 45.38% 17% F 18% F
Risk Adjusted Return 20.51% 39% F 36% F
Market Capitalization 3.95B 35% F 70% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.54 100% A+ 88% B+
Price/Book Ratio 1.13 94% A 71% C-
Price / Cash Flow Ratio 0.46 100% A+ 80% B-
EV/EBITDA 1.00 94% A 95% A
Management Effectiveness  
Return on Equity 17.06% 90% A- 80% B-
Return on Invested Capital 11.94% 95% A 82% B-
Return on Assets 5.15% 90% A- 78% C+
Debt to Equity Ratio 74.18% 76% C 48% F
Technical Ratios  
Short Ratio 0.22 90% A- 88% B+
Short Percent N/A N/A N/A N/A N/A
Beta 0.76 24% F 72% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.