
Last update at 2026-06-05T20:00:00Z
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
Cia Energetica DE Minas Gerais - Cemig (CIG) Q4 2024 Earnings Call Highlights: Record EBITDA ...
Sat 22 Mar 25, 07:01 AMCia Energetica DE Minas Gerais - Cemig (CIG) Q3 2024 Earnings Call Highlights: Record EBITDA ...
Tue 19 Nov 24, 01:03 AMCompanhia Energetica Minas Gerais (CIG): Among the Most Profitable Penny Stocks to Invest In
Sun 13 Oct 24, 05:59 PMIs Comp En De Mn Cemig (CIG) Stock Outpacing Its Utilities Peers This Year?
Fri 27 Sep 24, 01:40 PMWhy Fast-paced Mover Cemig (CIG) Is a Great Choice for Value Investors
Wed 25 Sep 24, 12:50 PM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 5559.82M | 9358.00M | 6851.00M | 4120.00M | 4699.00M |
| Minority interest | -2.20800M | -2.00000M | -3.00000M | -2.00000M | -2.00000M |
| Net income | 4801.21M | 7117.00M | 5764.00M | 4092.00M | 3751.00M |
| Selling general administrative | 124.07M | 1260.00M | 1428.00M | 1422.00M | 572.00M |
| Selling and marketing expenses | - | 177.96M | 194.52M | - | 144.00M |
| Gross profit | 7065.59M | 7830.00M | 8384.00M | 6812.00M | 6723.00M |
| Reconciled depreciation | 1533.42M | 1376.00M | 1274.00M | 1182.00M | 1049.00M |
| Ebit | 5904.66M | 10366.00M | 7878.00M | 5686.00M | 5958.00M |
| Ebitda | 7407.95M | 11742.00M | 9152.00M | 7502.00M | 7007.00M |
| Depreciation and amortization | 1503.30M | 1376.00M | 1274.00M | 1816.00M | 1049.00M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 5904.66M | 7492.00M | 6213.00M | 5686.00M | 5958.00M |
| Other operating expenses | 36006.85M | 32328.00M | 30637.00M | 29501.00M | 28022.00M |
| Interest expense | 1573.82M | 204.80M | 238.50M | 2470.00M | 1728.00M |
| Tax provision | 771.61M | 2239.00M | 1084.00M | 26.19M | 945.31M |
| Interest income | 117.82M | 299.00M | 286.00M | 416.05M | 1285.21M |
| Net interest income | -1353.28800M | -393.00000M | -901.00000M | -1951.00000M | -1576.00000M |
| Extraordinary items | - | - | - | - | 0.00000M |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 756.45M | 2239.00M | 1084.00M | 26.00M | 946.00M |
| Total revenue | 41911.51M | 39820.00M | 36850.00M | 34463.00M | 33646.00M |
| Total operating expenses | 1160.94M | 338.00M | 2171.00M | 1850.00M | 1099.00M |
| Cost of revenue | 34845.92M | 31990.00M | 28466.00M | 27651.00M | 26923.00M |
| Total other income expense net | -344.83400M | 1866.00M | 638.00M | -1566.00000M | -1259.00000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 4899.62M | 7119.00M | 5767.00M | 4094.00M | 3753.00M |
| Net income applicable to common shares | 4897.41M | 7117.15M | 5764.27M | 4092.31M | 3751.32M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 66994.44M | 59726.00M | 55000.00M | 53671.00M | 52046.00M |
| Intangible assets | 18537.71M | 16806.00M | 15249.00M | 14621.00M | 12953.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | 2254.36M | 1420.00M | 1364.00M | 889.00M | 862.00M |
| Total liab | 38427.08M | 32344.00M | 30344.00M | 31887.00M | 32584.00M |
| Total stockholder equity | 28562.04M | 27377.00M | 22792.61M | 21779.00M | 19457.00M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 8278.59M | 5572.00M | 5053.00M | 7361.00M | 2437.00M |
| Common stock | 14301.73M | 14308.91M | 11007.00M | 11007.00M | 8467.00M |
| Capital stock | 14308.91M | 14309.00M | 11007.00M | 11007.00M | 8467.00M |
| Retained earnings | 11482.69M | 13575.65M | 13040.74M | 10395.00M | 10948.09M |
| Other liab | - | - | - | - | 11815.18M |
| Good will | - | - | 5726.33M | 1.00M | - |
| Other assets | 1959.86M | 2333.72M | - | 3822.26M | 11850.25M |
| Cash | 1900.68M | 1898.00M | 1537.00M | 1441.00M | 825.00M |
| Cash and equivalents | 1629.50M | 1628.99M | - | 1345.17M | 708.25M |
| Total current liabilities | 14455.25M | 14145.00M | 13093.00M | 11205.00M | 10688.00M |
| Current deferred revenue | - | - | 0.18M | - | 4041.00M |
| Net debt | 17971.90M | 10811.00M | 8727.00M | 9492.00M | 10783.00M |
| Short term debt | 3139.18M | 2956.00M | 2709.00M | 1012.00M | 1527.00M |
| Short long term debt | 3051.64M | 2877.00M | 2630.00M | 955.00M | 1465.00M |
| Short long term debt total | 19872.58M | 12709.00M | 10264.00M | 10933.00M | 11608.00M |
| Other stockholder equity | -1.36100M | 393.09M | -16546.12900M | -1873.00000M | -2208.00000M |
| Property plant equipment | 4560.04M | 4102.27M | - | 2738.43M | 2644.86M |
| Total current assets | 14472.52M | 12231.00M | 11869.00M | 13465.00M | 12949.00M |
| Long term investments | 11454.66M | 10238.00M | 10358.00M | 10177.00M | 10429.00M |
| Net tangible assets | - | - | - | - | 1533.69M |
| Short term investments | 759.32M | 1548.00M | 1588.00M | 2800.00M | 3229.00M |
| Net receivables | 9558.16M | 7365.00M | 7380.00M | 8335.00M | 8033.00M |
| Long term debt | 16413.69M | 9403.00M | 7201.00M | 9624.00M | 9898.83M |
| Inventory | - | - | -1142.03300M | - | - |
| Accounts payable | 3037.48M | 4203.00M | 3722.00M | 2832.00M | 2683.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 2778.99M | -899.85700M | 15291.00M | 2250.00M | 13198.00M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | -1.36200M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 2148.20M | 14015.00M | 10824.91M | 9549.00M | 10605.00M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 52521.92M | 47495.00M | 43131.00M | 40206.00M | 39097.00M |
| Capital lease obligations | 417.23M | 429.00M | 433.00M | 354.00M | 244.00M |
| Long term debt total | 16741.81M | 9752.72M | - | 9921.20M | 10081.27M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 808.54M | -2376.00000M | -3969.00000M | -3206.00000M | 3358.23M |
| Change to liabilities | - | - | - | - | 324.86M |
| Total cashflows from investing activities | -6532.03305M | -2376.00000M | -3967.24400M | -3206.09600M | 1371.20M |
| Net borrowings | 6558.10M | 1535.00M | -758.00000M | - | -4493.41100M |
| Total cash from financing activities | 2538.92M | -2759.00000M | -2581.00000M | -2791.00000M | -5910.00000M |
| Change to operating activities | - | - | - | - | 659.84M |
| Net income | 4801.21M | 7119.00M | 5764.27M | 1407.00M | 3753.00M |
| Change in cash | 217.80M | 361.00M | 96.00M | 616.00M | -855.00000M |
| Begin period cash flow | 1682.88M | 1537.00M | 1441.00M | 825.00M | 1680.00M |
| End period cash flow | 1900.68M | 1898.00M | 1537.00M | 1441.00M | 825.00M |
| Total cash from operating activities | 3996.46M | 5496.00M | 6644.28M | 6613.00M | 3685.00M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 1503.29M | 1376.00M | 1274.00M | 1182.00M | 1049.00M |
| Other cashflows from investing activities | -6357.42268M | -4790.70700M | -4609.20100M | -2913.57100M | 44.48M |
| Dividends paid | 3890.36M | 4294.00M | 1823.00M | 2093.00M | 1416.00M |
| Change to inventory | - | - | - | - | 4366.00M |
| Change to account receivables | -793.66059M | 684.00M | 247.00M | -440.00000M | -90.00000M |
| Sale purchase of stock | - | - | - | - | - |
| Other cashflows from financing activities | -79.91085M | - | -67.44000M | 1981.00M | 13.00M |
| Change to netincome | - | - | - | - | -4355.96700M |
| Capital expenditures | 685.45M | 919.00M | 1263.54M | 292.00M | 233.00M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -160.20010M | 453.00M | 509.70M | 841.00M | 4531.00M |
| Stock based compensation | - | - | -2772.05100M | - | -474.00000M |
| Other non cash items | -2353.21513M | -5178.00000M | -78.69700M | 3917.00M | -4964.00000M |
| Free cash flow | 3311.01M | 4577.00M | 5382.00M | 6321.00M | 3452.00M |
Sector: Utilities Industry: Utilities - Diversified
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CIG Companhia Energetica de Minas Gerais CEMIG Pref ADR |
-0.02 0.95% | 2.08 | 7.71 | 10.18 | 0.20 | 1.35 | 1.39 | 6.83 |
| ESOCF Enel SpA |
0.005 0.04% | 11.68 | 25.04 | 14.12 | 1.44 | 3.15 | 2.35 | 7.64 |
| IBDSF Iberdrola S.A |
- -% | 22.93 | 16.24 | 14.71 | 1.51 | 1.42 | 2.45 | 9.52 |
| IBDRY Iberdrola SA |
0.83 0.91% | 91.58 | 16.07 | 14.58 | 1.50 | 1.41 | 2.42 | 9.41 |
| ENLAY ENEL Societa per Azioni |
-0.08 0.72% | 11.06 | 12.18 | 10.44 | 0.74 | 1.96 | 1.40 | 7.34 |
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, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 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; installation, operation, maintenance and rental of solar plants; 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.
Avenida Barbacena, 1200, Belo Horizonte, MG, Brazil, 30190-131
| Name | Title | Year Born |
|---|---|---|
| Mr. Reynaldo Passanezi Filho | CEO, Pres & Member of Exec. Board | 1965 |
| Mr. Leonardo George de Magalhães | Chief Officer for Fin. & Investor Relations and Member of Exec. Board | NA |
| Mr. Dimas Costa | Chief Commercial Officer & Member of Exec. Board | 1954 |
| Mr. Marney Tadeu Antunes | Chief Distribution Officer & Member of Exec. Board | 1962 |
| Thadeu Carneiro da Silva | Chief Generation & Transmission Officer & Member of Exec. Board | 1982 |
| Mr. Marco Da Camino Ancona Lopez Soligo | Exec. Director of CemigPar & Member of Exec. Board | 1968 |
| Leonardo Felipe Mesquita | Accounting Mang. | NA |
| Mr. Paulo Eduardo Pereira Guimarães | Head of Corp. Fin. | NA |
| Henrique Motta Pinto | Regulatory & Legal Director | NA |
| Claudio Costa Bianchini | Deputy Director of Corp. Communication & Sustainability | NA |
Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.