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Stock Screener·Brazil·Utilities·CIG
Held by 2 Gurus
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Companhia Energetica de Minas Gerais - CEMIG Stocks

$ 2.07Last Updated 01.07.2026

Issuer Rating

5/7
Performance

Favourable

Risk

Limited

Recommendation

Hold

Market Cap

$ 6.01B

$ 2.07
Key Takeaways

Risk factor

Good trading liquidity

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Profitability factor

Excellent dividends

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In Guru Portfolios

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Portfolio Weight (%)

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Change

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Fund

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Portfolio Weight (%)

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Change

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Fund

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Portfolio Weight (%)

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Change

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Fund

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Manager
Fund
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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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About

Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its extensive network also featured 339,086 miles of distribution lines and 4,449 miles of transmission lines. Beyond its core electricity business, the company is active in the gas sector, handling the acquisition, transportation, and distribution of natural gas and its derivatives. Furthermore, CIG offers a diverse range of technology services, including cloud solutions, IT infrastructure and management, cybersecurity, and specialized systems for the operational oversight of public service concessions. Its portfolio extends to energy trading, telecommunications services, distributed generation initiatives, client account services, cogeneration projects, energy efficiency programs, and comprehensive supply and storage management. Established in 1952, Companhia Energética de Minas Gerais maintains its corporate headquarters in Belo Horizonte, Brazil.

Company Valuation

Slightly undervalued
5/7

Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,

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Target Price

Neutral
4/7

The average target price of CIG is 2.1 and suggests 1.43% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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