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, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribution lines; and 4,754 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.
Metrics to compare | CMIG4 | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipCMIG4PeersSector | |
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P/E Ratio | 0.0x | 9.6x | 11.8x | |
PEG Ratio | 0.00 | 0.16 | 0.02 | |
Price/Book | 0.0x | 1.8x | 1.3x | |
Price / LTM Sales | 0.0x | 1.3x | 1.5x | |
Upside (Analyst Target) | 0.0% | 7.5% | 13.9% | |
Fair Value Upside | Unlock | 3.2% | 3.3% | Unlock |