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Companhia EnergTtica de Minas Gerais

CIG-C | US

2.96

USD

-0.14

-4.52%

CIG-C | US
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About Companhia EnergTtica de Minas Gerais

Sector

Utilities

Industry

Utilities - Diversified

Earnings date

30/06/2024

As of date

05/06/2026

Close

2.96

Open

2.99

High

3.05

Low

2.96

Companhia Energética de Minas Gerais through its subsidiaries engages in the generation transmission distribution and sale of energy in Brazil. As of December 31 2022 the company operated 69 hydroelectric wind and solar plants with an installed capacity of 5519 MW; 351163 miles of distribution lines; and 4580 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.

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CIG-C | US

Risk
51.3
Sharpe
0.24
Luna's Score
39/100
Recommendation
Sell

Luna says (CIG-C | US)

What's Working

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Value Stock (Price to Book < 3)

What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

High Short-term Volatility

Midcap (2B - 10B USD)

High Market Beta (> 0.8)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

57.1%

1 month

51.3%

3 months

53.4%

6 months

45.8%

Returns

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Fundamental Ratios

PE

6.59

Fwd. PE

7.86

Price to book

1.48

Debt to equity

0.44

Debt to assets

0.21

Ent. to EBITDA

4.34

Ent. to rev.

1.14

PEG

-

Other Fundamentals

EBITDA

8.72B

MarketCap

7.43B

MarketCap(USD)

7.43B

Div. yield

4.96

Op. margin

21.17

Erngs. growth

35.60

Rev. growth

7.00

Ret. on equity

23.72

Short ratio

0.96

Short perc.

0.01

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

0.31

Range1M

0.77

Range3M

1.21

Volumes: Market Activity

Volume Averages

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Rel. volume

1.85

Price X volume

21.14K

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
IDACORP IncIDAUtilities-Regulated Electric141.347.53B1.97%19.5888.41%
UGI CorporationUGIUtilities-Regulated Gas34.857.48B1.43%8.06147.85%
Companhia EnergTtica de Minas GeraisCIGUtilities - Diversified2.096.70B-0.48%5.1643.65%
Southwest Gas Holdings IncSWXUtilities-Regulated Gas88.726.36B1.78%29.45149.04%
Enel Chile S.AENICUtilities-Regulated Electric4.175.77B-0.71%4.6299.91%
New Jersey Resources CorporationNJRUtilities-Regulated Gas55.415.49B1.46%19.76159.17%
Transportadora de Gas del Sur S.ATGSUtilities-Regulated Gas29.515.30B-3.44%29.5430.00%
Portland General Electric CompanyPORUtilities-Regulated Electric50.535.21B1.73%16.63136.05%
Black Hills CorporationBKHUtilities - Diversified72.785.08B1.22%15.29144.37%
Spire IncSRUtilities-Regulated Gas82.384.76B1.58%15.91135.01%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Super Group (SGHC) LimitedSGHCGambling12.946.49B-0.77%418.005.19%
AU Optronics CorpAUOTYElectronic Components8.266.42B-10.22%n/a87.77%
Churchill Downs IncorporatedCHDNGambling86.926.38B0.88%25.28471.36%
Rogers Sugar IncRSIGambling26.145.89B-0.34%n/a3.93%
General Cable CorporationBGCElectronic Components10.865.36B2.84%38.88186.12%
FBINFBINBuilding Products & Equipment39.064.85B-0.66%25.57130.24%
Belden IncBDCElectronic Components106.224.33B-4.06%25.45106.75%
Bel Fuse IncBELFBElectronic Components262.563.43B-5.06%16.9123.04%
Impinj IncPIElectronic Components120.933.40B-11.20%779.64251.07%
OSI Systems IncOSISElectronic Components197.733.28B-7.00%19.6360.40%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA4.3411.80Cheaper
Ent. to Revenue1.144.13Cheaper
PE Ratio6.5918.22Cheaper
Price to Book1.481.99Cheaper
Dividend Yield4.963.85Leader
Std. Deviation (3M)53.3720.94Riskier
Debt to Equity0.442.06Cheaper
Debt to Assets0.210.40Cheaper
Market Cap7.43B23.04BEmerging
  • 1

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