Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C

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Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
Watchlist
Price: 2.71 USD -1.63% Market Closed
Market Cap: 7.8B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CIG.C stock under the Base Case scenario is 3.04 USD. Compared to the current market price of 2.71 USD, Companhia Energetica de Minas Gerais CEMIG is Undervalued by 11%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CIG.C Relative Value
Base Case
3.04 USD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
19
vs Industry
Median 3Y
0.8
Median 5Y
0.7
Industry
1.7
Forward
1.1
More Details
6.2
P/E
P/E
Price to Earnings
6.2
vs History
36
vs Industry
Median 3Y
6.7
Median 5Y
5.8
Industry
15
Forward
11.1
More Details
8.3
P/OCF
P/OCF
Price to OCF
8.3
vs History
15
vs Industry
Median 3Y
5.9
Median 5Y
4.2
Industry
7.1
More Details
6.9
P/FCFE
P/FCFE
Price to FCFE
6.9
vs History
17
vs Industry
Median 3Y
5.9
Median 5Y
4.9
Industry
13.9
More Details
1.6
P/B
P/B
Price to Book Value
1.6
vs History
4
vs Industry
Median 3Y
1.3
Median 5Y
1.1
Industry
1.4
More Details
1.4
EV/S
EV/S
Enterprise Value to Sales
1.4
vs History
15
vs Industry
Median 3Y
1
Median 5Y
0.9
Industry
2.9
Forward
1.5
More Details
7
EV/GP
EV/GP
Enterprise Value to Gross Profit
7
vs History
15
vs Industry
Median 3Y
5.8
Median 5Y
4.9
Industry
7.9
More Details
7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7
vs History
15
vs Industry
Median 3Y
6.5
Median 5Y
5.5
Industry
10.6
Forward
7.4
More Details
8.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.6
vs History
15
vs Industry
Median 3Y
8.1
Median 5Y
7.4
Industry
15.1
Forward
9.2
More Details
10.8
EV/OCF
EV/OCF
Enterprise Value to OCF
10.8
vs History
15
vs Industry
Median 3Y
7.7
Median 5Y
5.1
Industry
10.9
More Details
12.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
12.9
vs History
15
vs Industry
Median 3Y
8.1
Median 5Y
5.6
Industry
16.6
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
4
vs Industry
Median 3Y
0.7
Median 5Y
0.6
Industry
0.9
More Details

Multiples Across Competitors

CIG.C Competitors Multiples
Companhia Energetica de Minas Gerais CEMIG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
7.8B USD 1.1 6.2 7 8.6
US
Nextera Energy Inc
NYSE:NEE
154.5B USD 6.1 28 17.5 31.7
ES
Iberdrola SA
MAD:IBE
98.2B EUR 2.2 20.2 8.8 16.5
US
Southern Co
NYSE:SO
101.9B USD 3.7 22.1 12.7 22.1
US
Constellation Energy Corp
NASDAQ:CEG
101B USD 4.2 33.8 16 26.7
IT
Enel SpA
MIL:ENEL
80.8B EUR 0.7 7.5 4.7 6.4
US
Duke Energy Corp
NYSE:DUK
91.2B USD 2.9 19.5 11.6 20.8
US
American Electric Power Company Inc
NASDAQ:AEP
56B USD 2.8 20.3 12.4 22.1
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
43.6B USD 1.8 16.1 10.7 18.9
US
Xcel Energy Inc
NASDAQ:XEL
39.5B USD 2.9 20.5 12.8 28.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
Average EV/EBITDA: 11.5
7
-2%
N/A
US
Nextera Energy Inc
NYSE:NEE
17.5
19%
0.9
ES
Iberdrola SA
MAD:IBE
8.8
0%
N/A
US
Southern Co
NYSE:SO
12.7
7%
1.8
US
Constellation Energy Corp
NASDAQ:CEG
16
-4%
N/A
IT
Enel SpA
MIL:ENEL
4.7
7%
0.7
US
Duke Energy Corp
NYSE:DUK
11.6
7%
1.7
US
American Electric Power Company Inc
NASDAQ:AEP
12.4
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
10.7
10%
1.1
US
Xcel Energy Inc
NASDAQ:XEL
12.8
14%
0.9

See Also

Summary
CIG.C intrinsic value, competitors valuation, and company profile.
DCF Valuation
CIG.C stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CIG.C stock valuation using valuation multiples.
Wall Street Estimates
CIG.C price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CIG.C stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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