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Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Companhia Energética de Minas Gerais

CIGNYSE
Wall Street Score · overall investment62/100
$2.15USD+$0.06 (+2.63%)
Company website www.cemig.com.br
HeadquartersAvenida Barbacena, 1200, Belo Horizonte, MG, 30190-131, BR
Financial statement currencyBRL · converted to USD at 0.192294
Utilities · Regulated Electric
Price updated todayFinancials updated Oct 1, 2026
Price Chart+$0.00 (+0.00%)
2026-09-042026-09-092026-09-112026-09-152026-09-172026-09-212026-09-232026-09-252026-09-292026-10-02$2.02$2.08$2.15$2.21$2.27

Company & revenue

About Companhia Energética de Minas Gerais

Who they are

Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines.

Detailed revenue, brand and relationship research has not yet been completed for CIG.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

62

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

55

Fair

Financial Strength

44

Business Quality / Moat

48

Management

85

Growth Quality

39

Risk / Durability

72

Cheap for a Reason · Review the Risks

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

66

Fully Valued

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

60/100

Building Historical Record

Model Score 60/100 — estimates relative performance potential, distinct from WallStreetScore (company quality).

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

WSS currently rates the company as mixed to moderately strong.

At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.

The model outlook is currently moderate.

What we like
  • •Asset quality scores strongly
  • •Valuation scores attractively
What to watch
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for CIG

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CIG maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is CIG's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is CIG's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •Is CIG's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of CIG's score?
Business analysis: 31 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

62

0–100 · Fair

Opportunity Score

66

0–100 · Fair

Market Cap

$6.15B

P/E Ratio

6.8

EPS

$0.31

52-Week High

$2.76

52-Week Low

$1.87

Beta

0.06

Intrinsic Value

$7.24

Analyst Target

$2.10

Shares Outstanding

2.86B

Total Revenue

$8.39B

Total Debt

$4.37B

Dividend Yield

2.52%

View dividend history

Liquidation Value / Share

$1.96

Estimated net asset value per share

Annual Dividend

$0.05

View dividend history

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
57/ 100
+11 pts / 5d

Neutral / mixed momentum

5D +4.4% · 20D +0.0% · RSI 50 · Price vs 20D avg +0.8%
Volatility
31/ 100
-1 pts / 5d

Low movement

20D realized vol 34.4% · 60D 31.4% · Acceleration 1.10x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CIG

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CIG.

What the Bulls Say

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Product opportunity: Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of.
  • +Positive free cash flow may provide capacity to invest in growth.

What the Bears Say

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Regulated Electric industry.

Bull and bear cases summarize disclosed catalysts, growth opportunities and risks; they are not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair62/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

62

Tap for breakdown →

Poor

34

Debt Cost7.6%
Debt Reduction YoY-56.4%
Debt / Equity0.70x

Tap for breakdown →

Weak

41

Revenue YoY2.1%
Revenue CAGR7.7%
Net Margin10.5%

Tap for breakdown →

Strong

73

Asset Growth YoY12.2%
Liquidation/Share$1.96
Net Assets/MCap1.54x

Tap for breakdown →

Fair

63

Earnings Yield14.7%
Buyback Yield0.0%
Debt Cost7.6%

Tap for breakdown →

Strong

85

ROIC11.0%
ROE15.7%
ROA6.5%

Tap for breakdown →

Weak

48

EPS Growth0.4%
FCF/Share Growth-1.5%
Rev/Share Growth7.2%

Tap for breakdown →

Elite

100

Intrinsic Value$7.24
Value Reference$4.35
MOS0.7%

Tap for breakdown →

Fair

58

Revenue41
Moat48
Valuation100

Tap for breakdown →

Elite

100

MOS %0.7%
Value Reference$4.35
Deep Discount Reference$2.90

Tap for breakdown →

Fair

54

Interest Coverage4.2x
ROIC11.0%
FCF Yield10.6%

Tap for breakdown →

Strong

70

Financial54
Valuation100
Debt34

Tap for breakdown →

Fair

66

Survival Years4.7 yrs
Current Ratio1.00x
FCF Margin0.1%

Tap for breakdown →

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Score Changes

7 historical score records available

Previous Score

66

Sep 14, 2026

Change

-4.0

points

Current Score

62

Oct 1, 2026

Category Changes

Revenue+0.3
Debt0
Assets0
Capital0
Management0
Moat+0.3
Valuation0
Buffett+0.1

CIG decreased 4 points because some fundamentals weakened.

Projected Score

Projected Score

61

Projected Change

-100.0%

Preliminary comparable-period financial changes suggest decline of approximately 1.0 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$2.15

Intrinsic Value

$7.24

Difference

−$5.09

-70.3% vs IV

Margin of Safety

70.3%

UndervaluedFair ValueOvervalued
Value Reference: $4.35
Deep Discount Reference: $2.90

Related Companies

Regulated Electric

ELPC

Companhia Paranaense de Energia

69Fair
$12.42View

GNE

Genie Energy Ltd.

63Fair
$15.98View

PAM

Pampa Energía S.A.

62Fair
$76.16View

EIX

Edison International

58Fair
$53.89View

CIG.C

Companhia Energética de Minas Gerais

56Fair
$3.27View

EDN

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

55Fair
$20.87View

News

Defense World25d ago

Nykredit A S Takes Position in Comp En De Mn Cemig ADS $CIG

Seeking Alpha30d ago

CEMIG: Behind The 11% Yield At This Brazilian Utility Monopoly

Bloomberg Markets and Finance43d ago

CIG's Rubenstein Expects Housing Rents to Keep Rising

Seeking Alpha49d ago

Companhia Energética de Minas Gerais - CEMIG (CIG) Q2 2026 Earnings Call Transcript

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