Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C

Watchlist Manager
Companhia Energetica de Minas Gerais CEMIG Logo
Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
Watchlist
Price: 2.7581 USD 3.45% Market Closed
Market Cap: 7.9B 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 3.0598 USD. Compared to the current market price of 2.7581 USD, Companhia Energetica de Minas Gerais CEMIG is Undervalued by 10%.

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
3.0598 USD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
20
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
42
vs Industry
Median 3Y
6.7
Median 5Y
5.8
Industry
14.8
Forward
11
More Details
8.3
P/OCF
P/OCF
Price to OCF
8.3
vs History
17
vs Industry
Median 3Y
5.5
Median 5Y
4
Industry
7
More Details
6.9
P/FCFE
P/FCFE
Price to FCFE
6.9
vs History
19
vs Industry
Median 3Y
5.8
Median 5Y
4.9
Industry
13.7
More Details
1.5
P/B
P/B
Price to Book Value
1.5
vs History
6
vs Industry
Median 3Y
1.2
Median 5Y
1.1
Industry
1.4
More Details
1.4
EV/S
EV/S
Enterprise Value to Sales
1.4
vs History
17
vs Industry
Median 3Y
1
Median 5Y
0.9
Industry
2.8
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
7.8
More Details
7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7
vs History
15
vs Industry
Median 3Y
6.4
Median 5Y
5.5
Industry
10.4
Forward
7.4
More Details
8.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.6
vs History
20
vs Industry
Median 3Y
8.1
Median 5Y
7.3
Industry
14.9
Forward
9.2
More Details
10.7
EV/OCF
EV/OCF
Enterprise Value to OCF
10.7
vs History
15
vs Industry
Median 3Y
7.2
Median 5Y
5
Industry
10.8
More Details
12.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
12.9
vs History
15
vs Industry
Median 3Y
7.6
Median 5Y
5.6
Industry
16.4
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
7.9B USD 1.1 6.2 7 8.6
US
Nextera Energy Inc
NYSE:NEE
146B USD 5.8 26.5 16.9 30.5
ES
Iberdrola SA
MAD:IBE
102B EUR 2.3 21 9.1 17
US
Constellation Energy Corp
NASDAQ:CEG
100.2B USD 4.1 33.6 15.9 26.5
US
Southern Co
NYSE:SO
99.9B USD 3.6 21.7 12.6 21.8
IT
Enel SpA
MIL:ENEL
81.9B EUR 0.7 7.6 4.7 6.5
US
Duke Energy Corp
NYSE:DUK
90.8B USD 2.9 19.5 11.6 20.7
US
American Electric Power Company Inc
NASDAQ:AEP
54.7B USD 2.7 19.8 12.3 21.8
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
43.3B USD 1.8 16 10.7 18.8
DK
Oersted A/S
SWB:D2G
33.5B EUR 3.4 221 20.7 20.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
Average EV/EBITDA: 12.1
7
-2%
N/A
US
Nextera Energy Inc
NYSE:NEE
16.9
19%
0.9
ES
Iberdrola SA
MAD:IBE
9.1
0%
N/A
US
Constellation Energy Corp
NASDAQ:CEG
15.9
-4%
N/A
US
Southern Co
NYSE:SO
12.6
7%
1.8
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
12.3
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
DK
O
Oersted A/S
SWB:D2G
20.7
34%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BR
Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
Average EV/EBIT: 19.3
8.6
-6%
N/A
US
Nextera Energy Inc
NYSE:NEE
30.5
24%
1.3
ES
Iberdrola SA
MAD:IBE
17
2%
8.5
US
Constellation Energy Corp
NASDAQ:CEG
26.5
2%
13.2
US
Southern Co
NYSE:SO
21.8
8%
2.7
IT
Enel SpA
MIL:ENEL
6.5
7%
0.9
US
Duke Energy Corp
NYSE:DUK
20.7
9%
2.3
US
American Electric Power Company Inc
NASDAQ:AEP
21.8
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
18.8
11%
1.7
DK
O
Oersted A/S
SWB:D2G
20.7
12%
1.7

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
Back to Top
ALPHA SPREAD
Follow us
Join more than 264,400+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.