Companhia Energética de Minas Gerais - CEMIG
CIGUtilitiesNASDAQUtilities - Regulated Electric
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Daily timeframeHeadquartered within the utilities sector, Companhia Energética de Minas Gerais - CEMIG focuses on Utilities - Regulated Electric services and products. Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. Valued at $6.58B, CIG is a mid-cap name in its sector. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 miles of transmission lines.
Market Cap
$6.58B
Beta
0.06
P/E (TTM)
7.42
P/E (Fwd)
15.33
EPS (TTM)
$0.31
EPS (Fwd)
$0.15
ROE
15.9%
ROA
5.9%
Cash
$3.08B
Total Debt
$22.75B
Free CF
-$3.18B
52W Change
13.9%
Annual Financials
Cash vs Debt
Where CIG stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, CIG finished 4.11% above its 150-day moving average ($2.19) and 6.05% above its 200-day moving average ($2.15). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is CIG overbought or oversold?
At the October 20, 2026 close, CIG's RSI(14) was 67.2, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, CIG has $3.08B in cash with $22.75B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$3.18B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 15.9% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.9% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $31.80B (2022) to $42.75B (2025), reflecting a 34% increase over the period.
CIG's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Companhia Energética de Minas Gerais - CEMIG's trajectory.