Energy of Minas Gerais Co
NYSE:CIG
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Energy of Minas Gerais Co
NYSE:CIG
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Intrinsic Value
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Energy of Minas Gerais Co and find out whether today’s valuation is cheap or expensive by its own historical standards.
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Fundamental Analysis
What Energy of Minas Gerais Does
Energy of Minas Gerais, better known as Cemig, is a Brazilian electric utility based in the state of Minas Gerais. It generates electricity, moves it through transmission lines, and delivers it to homes, businesses, and factories through its distribution network. It also sells power into Brazil’s wholesale electricity market and, through related businesses, handles some energy and gas activities tied to its core utility role.
- Headquarters
- Brazil BR
- Employees
- 5 320
- IPO date
- Jun 30, 1971
Revenue & Expenses Breakdown
Energy of Minas Gerais Co
Earnings Waterfall
Energy of Minas Gerais Co
The intrinsic value for Energy of Minas Gerais Co (CIG) under the Base Case is hidden USD.
Compared with the current market price of 1.83 USD, the stock appears hidden.