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Companhia Energética de Minas Gerais (CMIG4.SA)
Belo Horizonte, MG, BR
Companhia Energética de Minas Gerais (Cemig) is a diversified energy enterprise operating across Brazil, specializing in the generation, transmission, distribution, and sale of electrical power. As of December 31, 2021, its substantial infrastructure included 70 hydroelectric, wind, and solar power plants boasting a combined installed capacity of 5,700 MW. The company's vast networks further comprised 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its primary electricity focus, Cemig is also involved in the procurement, transport, and delivery of natural gas and its byproducts. Its comprehensive service portfolio extends to cloud computing, IT infrastructure and management, and cybersecurity solutions, alongside providing technology systems for the operational oversight of public service concessions. Additionally, Cemig actively participates in energy trading, telecommunications services, distributed generation, customer account services, cogeneration, energy efficiency initiatives, and supply and storage management. The company was established in 1952 and is headquartered in Belo Horizonte, Brazil.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.92% | -4.66% | -18.18% | -4.34% | -5.22% | +0.81% | +9.97% | +18.30% | +61.41% | +264.08% | +3,789,054.60% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 9 | 0 |
| Sell | 2 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Diversified Utilities: +5.3%+7.4% ★ Q1'26: +7.8% (vs Q1'25)
-
EPS growth Diversified Utilities: +4.4%-31.3% Q1'26: -5.6% (vs Q1'25)
-
FCF margin FCF growth · Diversified Utilities: +8.5%+8.2% Q1'26: +10.2% (vs Q1'25)
-
EBIT margin Diversified Utilities: +20.5%+14.1% Q1'26: +12.8% (vs Q1'25)
-
ROIC Diversified Utilities: +4.5%+11.4% ★ Q1'26: +10.6% (vs Q1'25)
-
Share dilution Diversified Utilities: -0.2%+0.0% ★ Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Diversified Utilities: 3.55×3.30× ★ Q1'26: 2.88× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 8 Rev. Ana. 4 EPS Ana. |
Dec 2028 6 Rev. Ana. 3 EPS Ana. |
Dec 2029 7 Rev. Ana. 2 EPS Ana. |
Dec 2030 7 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
21.87B
est: 20.79B (+5.2%)
|
18.77B
est: 18.41B (+2.0%)
|
21.71B
est: 20.18B (+7.6%)
|
22.30B
est: 22.07B (+1.1%)
|
25.49B
est: 24.31B (+4.8%)
|
25.23B
est: 24.04B (+5.0%)
|
33.65B
est: 30.46B (+10.5%)
|
34.46B
est: 32.92B (+4.7%)
|
36.85B
est: 34.28B (+7.5%)
|
39.82B
est: 36.18B (+10.1%)
|
42.75B
est: 39.03B (+9.5%)
|
37.30B
35.05B – 39.54B
-4.4% YoY
|
36.34B
26.46B – 42.65B
-2.6% YoY
|
31.39B
26.09B – 35.11B
-13.6% YoY
|
37.54B
31.20B – 41.98B
+19.6% YoY
|
34.62B
28.77B – 38.72B
-7.8% YoY
|
| EBITDA |
5.71B
est: 4.89B (+16.9%)
|
3.23B
est: 4.33B (-25.3%)
|
4.09B
est: 4.74B (-13.7%)
|
4.22B
est: 5.19B (-18.7%)
|
6.85B
est: 5.72B (+19.8%)
|
6.20B
est: 5.65B (+9.7%)
|
6.92B
est: 7.16B (-3.4%)
|
6.24B
est: 7.74B (-19.4%)
|
9.15B
est: 8.06B (+13.6%)
|
11.74B
est: 7.75B (+51.6%)
|
6.02B
est: 8.36B (-27.9%)
|
7.99B
7.51B – 8.47B
-4.4% YoY
|
7.78B
5.67B – 9.13B
-2.6% YoY
|
6.72B
5.59B – 7.52B
-13.6% YoY
|
8.04B
6.68B – 8.99B
+19.6% YoY
|
7.41B
6.16B – 8.29B
-7.8% YoY
|
| EBIT |
4.88B
est: 4.17B (+17.1%)
|
2.40B
est: 3.69B (-35.0%)
|
3.24B
est: 4.04B (-19.7%)
|
3.37B
est: 4.42B (-23.8%)
|
5.89B
est: 4.87B (+21.0%)
|
5.21B
est: 4.82B (+8.2%)
|
5.87B
est: 6.10B (-3.8%)
|
5.06B
est: 6.59B (-23.3%)
|
7.88B
est: 6.87B (+14.7%)
|
10.37B
est: 6.77B (+53.0%)
|
6.02B
est: 7.31B (-17.6%)
|
6.98B
6.56B – 7.40B
-4.4% YoY
|
6.80B
4.95B – 7.98B
-2.6% YoY
|
5.88B
4.88B – 6.57B
-13.6% YoY
|
7.03B
5.84B – 7.86B
+19.6% YoY
|
6.48B
5.39B – 7.25B
-7.8% YoY
|
| Net Income |
2.47B
est: 2.40B (+2.9%)
|
334.00M
est: 1.00B (-66.6%)
|
1.00B
est: 926.29M (+8.1%)
|
1.72B
est: 1.13B (+51.8%)
|
3.19B
est: 2.59B (+23.5%)
|
2.86B
est: 2.15B (+33.1%)
|
3.75B
est: 2.91B (+28.9%)
|
4.09B
est: 3.36B (+21.6%)
|
5.76B
est: 4.70B (+22.6%)
|
7.12B
est: 6.67B (+6.7%)
|
4.90B
est: 4.08B (+20.0%)
|
3.38B
2.73B – 4.02B
-17.2% YoY
|
3.12B
2.15B – 3.69B
-7.6% YoY
|
3.09B
2.41B – 3.57B
-0.9% YoY
|
—
— – —
-100.0% YoY
|
—
— – —
|
| SGA |
849.00M
est: 681.21M (+24.6%)
|
1.05B
est: 603.07M (+73.9%)
|
1.01B
est: 660.97M (+53.0%)
|
936.00M
est: 722.91M (+29.5%)
|
642.00M
est: 796.45M (-19.4%)
|
781.87M
est: 787.48M (-0.7%)
|
720.47M
est: 997.73M (-27.8%)
|
1.41B
est: 1.08B (+31.0%)
|
1.43B
est: 1.12B (+27.2%)
|
1.26B
est: 1.14B (+10.9%)
|
1.04B
est: 1.23B (-15.5%)
|
1.17B
1.10B – 1.24B
-4.4% YoY
|
1.14B
831.10M – 1.34B
-2.6% YoY
|
985.82M
819.44M – 1.10B
-13.6% YoY
|
1.18B
979.96M – 1.32B
+19.6% YoY
|
1.09B
903.72M – 1.22B
-7.8% YoY
|
| EPS |
1.30
est: 0.84 (+55.0%)
|
0.13
est: 0.35 (-62.8%)
|
0.35
est: 0.32 (+8.1%)
|
0.59
est: 0.40 (+48.8%)
|
1.12
est: 0.90 (+23.9%)
|
1.00
est: 0.75 (+33.0%)
|
1.31
est: 1.02 (+28.7%)
|
1.43
est: 1.18 (+21.6%)
|
2.01
est: 1.64 (+22.3%)
|
2.49
est: 2.33 (+6.8%)
|
1.71
est: 1.43 (+19.9%)
|
1.18
0.96 – 1.41
-17.2% YoY
|
1.09
0.75 – 1.29
-7.6% YoY
|
1.08
0.84 – 1.25
-0.9% YoY
|
—
— – —
-100.0% YoY
|
—
— – —
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-08 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-07 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-06 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-05 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-05-04 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 4/5 | 4/5 | 4/5 |
| 2026-04-30 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-29 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-28 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-27 | S- | 5/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-24 | A+ | 5/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 3/5 |
| 2026-04-23 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-22 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-20 | A+ | 5/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-17 | A+ | 5/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-16 | A+ | 5/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-15 | A+ | 5/5 | 5/5 | 5/5 | 5/5 | 2/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Andrea Marques de Almeida | Vice President of Finance & Investor Relations and Member of Executive Board | — | male |
| Antônio Carlos Vélez Braga | General Manager of Investor Relations | — | male |
| Daniel Perrelli Lanca | Deputy Director of Compliance, Corporation Risks & Internal Controls | — | — |
| Denis Mollica | Strategy, Innovation & Sustainability Officer | — | — |
| Luis Cláudio Correa Villani | Vice President of Information Technology & Member of Executive Board | — | — |
| Marco da Camino Ancona Lopez Soligo | VP of Generation & Broadcast and Member of Executive Board | — | male |
| Marcos Montes Cordeiro | VP of Institutional Relations & Member of Executive Board | — | — |
| Marney Tadeu Antunes | Chief Distribution Officer & Member of Executive Board | — | male |
| Paulo Eduardo Pereira Guimarães | Head of Corporate Finance | — | male |
| Reynaldo Passanezi Filho | Chief Executive Officer, President & Member of Executive Board | — | male |
| Sergio Lopes Cabral | VP of Commercialization & Member of Executive Board | — | male |
| Sérgio Pessoa de Paula Castro | VP of Legal Affairs & Member of Executive Board | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for CMIG4.SA
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
