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Comp En De Mn Cemig ADS

CIG Utilities Utilities Regulated Electric

Comp En De Mn Cemig ADS’s revenue for fiscal 2025 (year ended December 2025) was $7.7 billion, up 3.71% from fiscal 2024.

Revenue
+16.0%
EPS
0.00%
Free cash flow
+411.7%
Total debt
+42.3%

Quarter to June 2026, against a year earlier

1.87 0.05 +2.75%
Market cap
$3.5B
P/E
6.1×
Fwd P/E
7.8×
Dividend yield
1.46%
F-score
4/9
Altman Z
1.76
Beneish M
−2.28
Dividend safety
17/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 0.00
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — 1 — — — — — — —
Insider Ownership 34.01%

Capital & Financial Ratios $m

Size
Market Cap 3,470.00
Revenue ttm 8,267.12
Net income ttm 857.27
Free cash flow ttm 769.45
Net debt Q 2,897.17
Valuation
P/E 6.10
Forward P/E 7.79
Price / sales 0.64
Forward P/S Powerpack
Price / FCF 6.85
Price / book 0.96
Financial health
Current ratio Q 0.93 (below 1: weak)
Debt / equity Q 0.69
Interest coverage Q 1.60
Growth
Revenue growth Q +15.97% (above 0%: growing)
Operating income growth Q +24.38% (above 0%: growing)
EPS, this year −28.74% (below 0%: weak)
EPS, next year A −6.95% (below 0%: weak)
Revenue, next year A +24.03% (at or above 10%: strong)
EPS, past 5 yrs +9.57%
EPS, next 5 yrs A −1.94% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.0×, against a ten-year median of 1.1×; over the ten years it ranged from 0.9× in 2022 to 2.1× in 2020.
P/E against its own 10 years 42.50%
10-year low 10-year high
P/S against its own 10 years 23.18%
10-year low 10-year high
P/B against its own 10 years 21.27%
10-year low 10-year high
EV/Sales against its own 10 years 29.41%
10-year low 10-year high
EV/FCF against its own 10 years 58.38%
10-year low 10-year high

Dividends

Yield
1.46%
Annual rate
0.03
Payout ratio
8.89%
Growth, 2017–25
+29.4%/yr
  1. 0.03 ’17
  2. 0.05 ’18 +103
  3. 0.04 ’19 −15
  4. 0.04 ’20 −2
  5. 0.04 ’21 −16
  6. 0.04 ’22 +22
  7. 0.08 ’23 +75
  8. 0.06 ’24 −17
  9. 0.20 ’25 +211
  10. 0.20 ’26e −1
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 537 462 520 886
Receivables 1,389 1,373 1,456 1,216
Inventory — — — —
Other 452 432 617 636
2,377 2,268 2,593 2,738
2023 2024 2025 Q'26
Payables 604 547 544 601
ST’ Debt 527 533 547 585
Other 550 421 433 367
2,623 2,622 2,590 2,939

Compound Annual Growth %

10y 5y 3y
Sales 1.65% 9.36% 4.68%
Cash Flow (2.27%) (15.25%) (17.08%)
Earnings 1.53% 9.56% 3.43%
Book Value 2.59% 8.59% 6.65%

Earnings Trends EPS, adjusted, against the consensus

Jun 2013 Estimate 0.23 Actual 0.11

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Mar 2013 0.09 0.19 Beat by 0.10
Jun 2013 0.23 0.11 Miss by 0.12

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.07 — — —
’25 — 0.07 0.05 0.12 0.31
’24 0.08 0.11 0.21 0.06 0.46
’23 0.09 0.09 0.09 0.13 0.40
’22 0.08 0.00 0.08 0.09 0.28
’21 0.02 0.13 0.03 0.06 0.25
’20 (0.01) 0.07 0.03 0.08 0.19
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,987 2,208 — — —
’25 1,680 1,904 1,950 2,123 7,657
’24 1,829 1,808 1,830 1,916 7,383
’23 1,665 1,782 1,931 2,004 7,381
’22 1,502 1,669 1,760 1,745 6,675
’21 1,301 1,388 1,823 1,722 6,235
’20 1,369 1,107 1,185 1,233 4,894
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 213 — — — —
’25 234 180 215 102 730
’24 331 229 277 183 1,019
’23 184 368 424 355 1,331
’22 187 423 452 218 1,281
’21 140 412 34 97 683
’20 559 226 487 398 1,670
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 208 — — — —
’25 (67) 414 (543) 737 554
’24 143 361 (354) 695 867
’23 161 311 335 272 1,078
’22 182 414 432 197 1,224
’21 133 402 26 78 640
’20 544 226 478 387 1,636
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 5,382 6,800 6,092 6,434 4,894 6,235 6,675 7,381 7,383 7,657 8,267 +4.0% 9,497 8,860 9,018 +5.6%
Gross margin, % 23.13 19.45 20.61 22.81 21.34 19.98 19.77 22.75 20.48 16.93 15.89 (6.2) pt
EBT 105 516 541 1,132 737 871 798 1,372 1,735 1,015 969 +28.6%
EBT margin, % 1.95 7.58 8.88 17.60 15.07 13.97 11.95 18.59 23.50 13.26 11.72 +11.3 pt
Net income 96 314 477 0 556 695 793 1,155 1,320 877 857 +27.9%
Per share, $
Per share, $ Revenue 2.18 2.38 2.13 2.25 1.71 2.18 2.33 2.58 2.58 2.68 0.00 +2.3%
Earnings 0.04 0.13 0.16 0.28 0.19 0.25 0.28 0.40 0.46 0.31 0.30 +25.1%
Cash flow 0.14 0.06 0.10 0.18 0.58 0.24 0.45 0.47 0.36 0.26 0.25 +6.8%
Capex (0.13) (0.12) (0.01) 0.00 (0.01) (0.02) (0.02) (0.09) (0.05) (0.06) 0.02 (8.1%)
Free cash flow 0.01 (0.06) 0.09 0.18 0.57 0.22 0.43 0.38 0.30 0.19 0.27 +41.7%
Book value 1.50 1.57 1.52 1.41 1.18 1.26 1.47 1.73 1.77 1.79 1.91 +2.0%
Shares, m 2,468 2,861 2,862 2,862 2,862 2,862 2,862 2,861 2,861 2,861 2,865 +1.7%
Valuation, ×
Valuation, × P/E 27.75 8.22 10.77 5.74 8.58 5.74 5.94 4.29 3.81 6.66 6.10 8.7
P/S 0.56 0.46 0.85 1.55 1.00 0.66 0.63 0.68 0.69 0.75 0.64 0.8
P/B 0.81 0.69 1.19 2.48 1.44 1.14 1.00 1.01 1.00 1.12 0.96 1.2
EV/Sales 1.24 1.04 1.43 2.08 1.38 0.93 0.86 0.88 0.94 1.14 0.99 1.2
EV/FCF 31.22 (12.82) 101.21 132.08 3.81 9.05 4.68 6.04 8.47 18.49 10.61 30.2
Cash, $m
Cash, $m Operating cash flow 348 182 276 507 1,670 683 1,281 1,331 1,019 730 708 +8.6%
Capex (327) (350) (29) (249) (34) (43) (57) (253) (152) (176) 61 (6.6%)
Free cash flow 21 (168) 247 507 1,636 640 1,224 1,078 867 554 769 +44.1%
Balance, $m
Balance, $m Working capital (906) (39) 1,204 564 1,119 419 438 (245) (355) 3 (202) n/m
Net debt 3,671 3,981 3,561 3,410 1,869 1,667 1,490 1,503 1,880 3,025 2,897 (2.1%)
Shareholders’ equity 3,708 4,488 4,361 4,027 3,391 3,606 4,220 4,939 5,077 5,119 5,487 +3.6%
Returns, %
Returns, % ROA 0.78 2.48 3.22 5.46 4.80 6.90 7.91 10.78 11.95 7.60 15.42 +6.8 pt
ROIC 6.97 6.69 6.14 6.20 8.75 11.88 10.15 13.19 16.08 9.00 0.00 +2.0 pt
ROE 2.50 7.65 10.77 18.89 14.98 19.87 20.26 25.21 26.35 17.20 0.00 +14.7 pt
People
People Employees 7,119 5,864 6,083 5,596 5,254 5,025 4,969 4,917 5,028 5,320 — (3.2%)
Revenue/emp, $m 0.76 1.16 1.00 1.15 0.93 1.24 1.34 1.50 1.47 1.44 — +7.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Comp En De Mn Cemig ADS vs peers in Utilities Regulated Electric (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OGE OGE Energy Corporation $10.5B 19.0× 19.8× +13.19% (above 0%: growing) +33.03% (above 0%: growing) −38.62% (below 0%: shrinking) 62.70% 36.23% Compare
IDA IDACORP, Inc. $8.7B 22.1× 22.7× +15.95% (above 0%: growing) +20.87% (above 0%: growing) −18.34% (below 0%: shrinking) 66.73% 29.39% Compare
TXNM TXNM Energy, Inc. $6.4B 27.3× 19.2× +13.31% (above 0%: growing) +27.05% (above 0%: growing) −2,148.16% (below 0%: shrinking) 69.76% 36.97% Compare
POR Portland General Electric Company $5.5B 19.5× 14.9× +2.00% (above 0%: growing) +7.45% (above 0%: growing) −227.00% (below 0%: shrinking) 60.56% 19.26% Compare
NWE NorthWestern Corporation $5.1B 30.8× 23.6× +9.51% (above 0%: growing) −19.35% (below 0%: shrinking) −5.54% (below 0%: shrinking) 0.00% 17.61% Compare
CIG Comp En De Mn Cemig ADS $3.5B 6.1× 7.8× +15.97% (above 0%: growing) 0.00% +411.73% (above 0%: growing) 17.50% 15.58%
MGEE MGE Energy Inc. $3.0B 18.1× 18.7× +8.38% (above 0%: growing) +22.13% (above 0%: growing) +122.24% (above 0%: growing) 0.00% 30.51% Compare
CEPU Central Puerto S.A. Sponsored ADR $1.5B 3.6× — +148.79% (above 0%: growing) +27.30% (above 0%: growing) 0.00% 28.98% 25.61% Compare
HE Hawaiian Electric Industries, Inc. $1.5B 6.5× 10.9× +25.90% (above 0%: growing) +373.33% (above 0%: growing) −1,019.72% (below 0%: shrinking) 23.56% 21.73% Compare
Median of peers $5.3B 19.3× 19.2× +13.25% +24.59% −28.48% 44.77% 27.50%

All 39 Utilities Regulated Electric stocks →

Comp En De Mn Cemig ADS (CIG) Latest News

20 Aug

Impact 4 ·

14 Aug

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9 May

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CIG metrics, ten years each

stockrow.com/CIG · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com