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1 Comment
Companhia Energética de Minas Gerais is currently in a long term downtrend where the price is trading 0.9% below its 200 day moving average.
From a valuation standpoint, the stock is 94.4% cheaper than other stocks from the Utilities sector with a price to sales ratio of 0.8.
Companhia Energética de Minas Gerais's total revenue sank by 7.1% to $6B since the same quarter in the previous year.
Its net income has increased by 109.8% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 112.5% to $2B since the same quarter in the previous year.
Based on the above factors, Companhia Energética de Minas Gerais gets an overall score of 3/5.
Industry | Utilities-Diversified |
---|---|
Sector | Utilities |
ISIN | BRCMIGACNPR3 |
CurrencyCode | EUR |
Exchange | F |
Dividend Yield | 6.4% |
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Target Price | None |
PE Ratio | 7.2 |
Market Cap | 6B |
Beta | 0.57 |
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 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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