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Upturn AI SWOT - About
CIG 
Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG)
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Upturn Advisory Summary
07/01/2025: CIG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $1.87
1 Year Target Price $1.87
| 0 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 2 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -22.81% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.30B USD | Price to earnings Ratio 4.36 | 1Y Target Price 1.87 |
Price to earnings Ratio 4.36 | 1Y Target Price 1.87 | ||
Volume (30-day avg) 3 | Beta 0.55 | 52 Weeks Range 1.48 - 1.99 | Updated Date 07/1/2025 |
52 Weeks Range 1.48 - 1.99 | Updated Date 07/1/2025 | ||
Dividends yield (FY) 11.15% | Basic EPS (TTM) 0.45 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 17.25% | Operating Margin (TTM) 14.44% |
Management Effectiveness
Return on Assets (TTM) 8.19% | Return on Equity (TTM) 26.27% |
Valuation
Trailing PE 4.36 | Forward PE 9.44 | Enterprise Value 8048543816 | Price to Sales(TTM) 0.16 |
Enterprise Value 8048543816 | Price to Sales(TTM) 0.16 | ||
Enterprise Value to Revenue 1.09 | Enterprise Value to EBITDA 3.83 | Shares Outstanding 1904080000 | Shares Floating 2373107263 |
Shares Outstanding 1904080000 | Shares Floating 2373107263 | ||
Percent Insiders - | Percent Institutions 8.38 |
Analyst Ratings
Rating 1 | Target Price 1.87 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 1 | Sell 2 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Companhia Energetica de Minas Gerais CEMIG Pref ADR
Company Overview
History and Background
Companhia Energetica de Minas Gerais (CEMIG) was founded in 1952. It's a Brazilian power company operating in generation, transmission, and distribution. It has evolved into one of the largest integrated energy companies in Brazil.
Core Business Areas
- Generation: CEMIG generates electricity through hydroelectric, thermal, wind, and solar power plants.
- Transmission: CEMIG operates a vast transmission network, delivering electricity across Minas Gerais and beyond.
- Distribution: CEMIG distributes electricity to residential, commercial, and industrial customers in its concession area.
- Gas: CEMIG also has natural gas distribution assets through its GasMig subsidiary
Leadership and Structure
CEMIG's leadership includes a Board of Directors and an executive management team. The company has a hierarchical organizational structure, reflecting its size and complexity. Management changes are frequent with government changes.
Top Products and Market Share
Key Offerings
- Electricity Generation: CEMIG generates electricity through a diverse portfolio of power plants. Competitors include Eletrobras, Engie Brasil Energia, and CPFL Energia. Market share varies regionally and by energy source; difficult to accurately assess overall share in US. Difficult to quantify revenue from electricity generation.
- Electricity Distribution: CEMIG distributes electricity to millions of customers in Minas Gerais. Competitors are other regional distributors, though CEMIG dominates its concession area. Exact market share is close to 100% in its concession area. Difficult to quantify revenue from electricity distribution.
- Natural Gas Distribution: CEMIG distributes natural gas through its GasMig subsidiary. The biggest competitor is committed to providing the city with clean energy through biogas solutions with Gasmig; a contract that extends until 2037.
Market Dynamics
Industry Overview
The Brazilian electricity market is undergoing liberalization and modernization. Increasing demand for renewable energy sources and infrastructure development is expected. Brazil's power sector growth is impacted by economic cycles and regulatory changes.
Positioning
CEMIG is a major player in the Brazilian energy sector. Its diversified portfolio and extensive infrastructure give it a strong competitive position. It faces challenges from privatization pressures and regulatory uncertainty.
Total Addressable Market (TAM)
The total addressable market for electricity in Brazil is estimated to be worth tens of billions of US dollars annually. CEMIG is well-positioned to capture a significant share of this market, particularly in the Minas Gerais region. Growing demand requires huge capital investment.
Upturn SWOT Analysis
Strengths
- Diversified generation portfolio
- Extensive transmission and distribution network
- Strong regional presence
- Experienced workforce
Weaknesses
- Exposure to regulatory changes
- High debt levels
- Political interference
- Dependence on hydroelectric power
Opportunities
- Expansion of renewable energy capacity
- Infrastructure development projects
- Privatization of state-owned assets
- Increased electricity demand
Threats
- Economic downturns
- Competition from other energy companies
- Hydrological risks (droughts)
- Regulatory uncertainty
Competitors and Market Share
Key Competitors
- EBR (Eletrobras)
- ENGIY (Engie Brasil Energia)
- CPFL (CPFL Energia) - (Indirectly via State Grid)
Competitive Landscape
CEMIG's advantages include its established infrastructure and regional presence. Disadvantages include regulatory risks and political interference. Competitors include large Brazilian energy companies and international players.
Major Acquisitions
Luzlink
- Year: 2022
- Acquisition Price (USD millions): 45
- Strategic Rationale: Expand CEMIG's presence in the distributed generation market and strengthen its renewable energy portfolio.
Growth Trajectory and Initiatives
Historical Growth: Historical growth data requires current financial data.
Future Projections: Future projections data requires current analyst estimates.
Recent Initiatives: Recent initiatives data requires current company announcements.
Summary
CEMIG is a major Brazilian energy company with a strong presence in Minas Gerais. Its diversified generation portfolio and extensive infrastructure are strengths. However, it faces regulatory risks, political interference, and high debt levels. Managing these challenges and capitalizing on growth opportunities will be crucial for its long-term success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
- News articles
Disclaimers:
The analysis is based on available information and involves certain assumptions. Actual results may differ. This is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Companhia Energetica de Minas Gerais CEMIG Pref ADR
Exchange NYSE | Headquaters Belo Horizonte, MG, Brazil | ||
IPO Launch date 1996-11-18 | CEO, President & Member of Executive Board Mr. Reynaldo Passanezi Filho | ||
Sector Utilities | Industry Utilities - Diversified | Full time employees 5028 | Website https://www.cemig.com.br |
Full time employees 5028 | Website https://www.cemig.com.br | ||
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, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 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; 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.
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