Valuation dashboard for Companhia Energética de Minas Gerais (CIG) with P/E 6.11, P/B 1.61, EV/EBITDA 10.19 and dividend yield 5.49%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Utilities companies.
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.
Analysis Summary
Companhia Energética de Minas Gerais reported revenue of 42.75B BRL in the most recent fiscal year, growing at a 5-year CAGR of 11.1%. Net income reached 4.90B BRL, with a 11.3% 5-year CAGR.
Trailing-twelve-month margins: gross margin 14.5%, operating margin 12.2%, net margin 10.5%.
At $1.83 (closing price, October 30, 2026), CIG trades at a P/E of 6.11 and an ROE of 15.93%. Market capitalisation stands at $5.2B.
Balance sheet quality for CIG: current ratio of 1.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 6.11 |
| Price / Book | 1.61 |
| EV / EBITDA | 10.19 |
| Dividend Yield | 5.49% |
Valuation Models
| DCF Fair Value | $13.70 |
| vs Current Price | +648.5% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| CIG | Companhia Energética de Minas Gerais | $5.2B | 6.11 | 1.61 | 15.9% |
| ENIC | Enel Chile S.A. | $5.7B | 9.72 | 1.04 | 10.8% |
| TGS | Transportadora de Gas del Sur S.A. | $3.6B | 11.32 | 1.57 | 16.4% |
| PAM | Pampa Energía S.A. | $3.9B | 6.72 | 1.03 | 15.6% |
| NEE | NextEra Energy, Inc. | $175.6B | 15.06 | 2.84 | 20.4% |
| 0K80.L | NextEra Energy, Inc. | $171.4B | 14.71 | 2.79 | 20.4% |
| SO | The Southern Company | $107.8B | 22.64 | 2.69 | 12.6% |
| SOMN | The Southern Company | $107.6B | 11.79 | 2.68 | 12.6% |
Price
| Price | $1.83 (closing price, October 30, 2026) |
| Market Cap | $5.2B |
| Exchange | NYSE |
| Country | BR |
Profitability
| Return on Equity | 15.93% |
| Return on Invested Capital | 8.07% |
| Return on Assets | 6.48% |
| Gross Margin | 14.46% |
| Operating Margin | 12.23% |
| Net Margin | 10.51% |
Related companies: ENIC · TGS · PAM · NEE · 0K80.L · SO · SOMN · SOJE
Explore sector: Utilities · Regulated Electric
More sections of CIG: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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