
Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais is a Brazil-based company in the Utilities sector with a market capitalisation of $9.7B. Its FinScore is 54/100; its highest-scoring layer is Momentum (68) and its lowest is Value (36). The shares trade at 10.8x trailing earnings and are up 28% year to date.
Share price performance
About Companhia Energética de Minas Gerais
www.cemig.com.brCompanhia Energética de Minas Gerais (CEMIG), through its various subsidiaries, plays a comprehensive role in Brazil's energy landscape, covering the production, transmission, distribution, and retail of power. As of December 31, 2021, its substantial infrastructure included 70 generating facilities powered by hydroelectric, wind, and solar sources, boasting a combined installed capacity of 5,700 megawatts. The company also maintained an extensive network of 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity operations, CEMIG's diverse ventures encompass the procurement, transportation, and supply of natural gas, along with its by-products and derivatives. It also provides a range of IT services, such as cloud solutions, infrastructure management, and cybersecurity, as well as supplying technology systems for the operational oversight of public service concessions. Additional activities include energy trading, telecommunications services, distributed power generation, customer account handling, cogeneration, initiatives for energy efficiency, and the management of supply and storage. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.
- Sector
- Utilities
- Industry
- Regulated Electric
- HQ
- Brazil
- Fiscal year-end
- December
- Trading currency
- USD
- Reporting currency
- BRL
- Fundamentals updated
- 4 days ago
- Market cap
- $9.7B
- Shares outstanding
- 2.9B
- P/E (TTM)
- 10.8x
- Beta (issuer)
- 0.06
- Revenue (latest FY)
- R$42.8B
Revenue breakdown
- Receivables from Customers and Traders39.8%R$127.0M
- Reimbursement For Suspension Of Supply Of Power16.3%R$52.0M
- Transactions With Energy11.0%R$35.0M
- Securities10.3%R$33.0M
- Accounts Receivable - AFAC8.5%R$27.0M
- ICMS Tax - Early Payment3.8%R$12.0M
- Reimbursement For Cessation Of Power Purchase Agreement3.1%R$10.0M
- Advance Against Future Electricity Supply2.8%R$9.0M
- Advance For Future Power Supply2.2%R$7.0M
- Provision of services1.6%R$5.0M
- Reimbursement For Decontracted Supply0.6%R$2.0M
FinScore
As of 2026-10-19Snapshot
Ownership
As of 2026-03-31Sign up or log in to see Analysis
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