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1 Comment
Companhia Energética de Minas Gerais is currently in a long term downtrend where the price is trading 4.2% below its 200 day moving average.
From a valuation standpoint, the stock is 91.7% 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 0.3% to $6B since the same quarter in the previous year.
Its net income has increased by 9.6% to $545M since the same quarter in the previous year.
Finally, its free cash flow grew by 267.3% 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.
Exchange | NYSE |
---|---|
CurrencyCode | USD |
ISIN | US2044096012 |
Sector | Utilities |
Industry | Utilities - Diversified |
Market Cap | 6B |
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PE Ratio | 4.42 |
Target Price | 1.9367 |
Dividend Yield | 66.% |
Beta | 0.5 |
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, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 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.
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