Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
CIG 
Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: CIG (1-star) is a SELL. SELL since 5 days. Profits (-3.76%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -37.97% | Avg. Invested days 32 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.85B USD | Price to earnings Ratio 4.78 | 1Y Target Price 1.8 |
Price to earnings Ratio 4.78 | 1Y Target Price 1.8 | ||
Volume (30-day avg) 4288409 | Beta 0.83 | 52 Weeks Range 1.58 - 2.05 | Updated Date 04/2/2025 |
52 Weeks Range 1.58 - 2.05 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 7.11% | Basic EPS (TTM) 0.36 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-03-19 | When After Market | Estimate 0.063 | Actual 0.0612 |
Profitability
Profit Margin 17.87% | Operating Margin (TTM) 14.16% |
Management Effectiveness
Return on Assets (TTM) 8.83% | Return on Equity (TTM) 27.36% |
Valuation
Trailing PE 4.78 | Forward PE 6.81 | Enterprise Value 7295029972 | Price to Sales(TTM) 0.15 |
Enterprise Value 7295029972 | Price to Sales(TTM) 0.15 | ||
Enterprise Value to Revenue 1.12 | Enterprise Value to EBITDA 4.43 | Shares Outstanding 1904080000 | Shares Floating 2373107263 |
Shares Outstanding 1904080000 | Shares Floating 2373107263 | ||
Percent Insiders - | Percent Institutions 9 |
Analyst Ratings
Rating 2.67 | Target Price 2.07 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 2 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Companhia Energetica de Minas Gerais CEMIG Pref ADR
Company Overview
History and Background
Companhia Energetica de Minas Gerais (CEMIG) was founded in 1952. It is a Brazilian power company headquartered in Belo Horizonte, Minas Gerais. CEMIG has grown to be one of the largest integrated electric power companies in Brazil, with operations in generation, transmission, and distribution.
Core Business Areas
- Generation: CEMIG generates electricity through a diverse portfolio of hydroelectric, thermal, wind, and solar power plants.
- Transmission: CEMIG owns and operates a high-voltage transmission network that transports electricity across the state of Minas Gerais and beyond.
- Distribution: CEMIG distributes electricity to residential, commercial, and industrial customers in Minas Gerais, serving millions of people.
Leadership and Structure
CEMIG is led by a board of directors and an executive team. The company operates through various subsidiaries and divisions, each responsible for specific areas of the business.
Top Products and Market Share
Key Offerings
- Electricity Generation: CEMIG is a major electricity generator in Brazil. Market share data fluctuates but CEMIG is consistently among the top generators in the country. Competitors include Eletrobras, Engie Brasil Energia, and CPFL Energia.
- Market Share (%): Variable, depends on sector and year.
- Electricity Distribution: CEMIG's distribution network serves a large customer base in Minas Gerais. Competitors in distribution are regional players and other major Brazilian power companies.
- Market Share (%): Variable, depends on sector and year.
Market Dynamics
Industry Overview
The Brazilian electricity sector is undergoing modernization and deregulation. Demand is growing, driven by economic development and population growth. Renewable energy sources are playing an increasingly important role.
Positioning
CEMIG is a leading player in the Brazilian electricity sector with a strong presence in Minas Gerais. Its diversified generation portfolio and extensive distribution network provide a competitive advantage.
Total Addressable Market (TAM)
The TAM for electricity in Brazil is estimated to be in the billions of dollars. CEMIG, as one of the largest players, captures a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Diversified generation portfolio
- Extensive distribution network
- Strong presence in Minas Gerais
- Experienced management team
Weaknesses
- Exposure to regulatory changes
- Dependence on hydroelectric power
- Debt levels
- Political Interference
Opportunities
- Expansion into renewable energy
- Investment in infrastructure upgrades
- Participation in privatization programs
- Increase efficiency in smart grid applications
Threats
- Economic downturns
- Fluctuations in electricity prices
- Competition from other power companies
- Adverse weather conditions
Competitors and Market Share
Key Competitors
- EBR
- EQNR
- ENGI
Competitive Landscape
CEMIG faces competition from other large power companies in Brazil. Its competitive advantages include its strong presence in Minas Gerais and its diversified generation portfolio.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: CEMIG has experienced moderate growth over the past decade, driven by increased electricity demand and expansion of its generation capacity.
Future Projections: Analysts project moderate growth for CEMIG, driven by investments in renewable energy and infrastructure upgrades. Consult analyst reports for specifics.
Recent Initiatives: CEMIG has been investing in renewable energy projects, such as wind and solar farms. It is also upgrading its distribution network to improve reliability.
Summary
CEMIG is a major integrated power company in Brazil with a strong presence in Minas Gerais. It benefits from a diversified generation portfolio and an extensive distribution network. Challenges include regulatory risks, debt levels, and competition. Growth opportunities lie in renewable energy and infrastructure upgrades.
Similar Companies
EBR
Centrais Electricas Brasileiras SA
EBR
Centrais Electricas Brasileiras SA
EQNR
Equinor ASA ADR
EQNR
Equinor ASA ADR
NEE
Nextera Energy Inc
NEE
Nextera Energy Inc
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Companhia Energetica de Minas Gerais CEMIG Pref ADR
Exchange NYSE | Headquaters Belo Horizonte, MG, Brazil | ||
IPO Launch date 1996-11-18 | CEO, President & Member of Executive Board Mr. Reynaldo Passanezi Filho | ||
Sector Utilities | Industry Utilities - Diversified | Full time employees 5028 | Website https://www.cemig.com.br |
Full time employees 5028 | Website https://www.cemig.com.br | ||
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, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 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; 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.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.