profit from every R$100 of sales.
R$0R$100
Companhia Energética de Minas Gerais - CEMIG
R$18.00+4.35% today
+30.1% in 1 year
1-year low R$13.841-year high R$19.67
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay R$10.52 for every R$1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Companhia Energética de Minas Gerais - CEMIG sold, what it kept, and what it did with the cash.
Sales went from R$31.8 billion in 2022 to R$42.8 billion in 2025, with R$4.90 billion of profit last year.
SalesProfit
Companhia Energética de Minas Gerais - CEMIG vs. similar companies
Companhia Energética de Minas Gerais - CEMIG grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from R$100 of sales | Sales growth a year | Price per R$1 of profit |
|---|---|---|---|
| Companhia Energética de Minas Gerais - CEMIG | 10.5× · Cheap | ||
 NextEra Energy | 26.1× · Fair price | ||
 The Southern | 25.1× · Fair price | ||
 Duke Energy | 20.3× · Fair price | ||
 National Grid | 19.8× · Fair price |
AI analysis
An AI analyst reads Companhia Energética de Minas Gerais - CEMIG's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of BRL | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 31,805 | 36,850 | 39,820 | 42,751 | |
| 4,154 | 8,384 | 7,830 | 7,237 | |
| 3,516 | 6,213 | 7,943 | 6,328 | |
| 6,230 | 9,138 | 11,723 | 8,706 | |
| 4,092 | 5,764 | 7,117 | 4,897 | |
| 1.86 | 2.01 | 2.49 | – | |
| 13.1% | 22.8% | 19.7% | 16.9% | |
| 11.1% | 16.9% | 19.9% | 14.8% | |
| 12.9% | 15.6% | 17.9% | 11.5% |
Balance sheet
| In millions of BRL | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 53,671 | 55,000 | 59,727 | 67,028 |
| Cash | 1,441 | 1,537 | 1,898 | 1,902 |
| Total debt | 10,935 | 10,264 | 12,709 | 19,883 |
| Total liabilities | 31,887 | 30,344 | 32,345 | 38,447 |
| 21,778 | 24,650 | 27,377 | 28,576 | |
| 2,861 | 2,861 | 2,861 | – | |
| 10.2% | 14.9% | 17.0% | 9.8% | |
| 18.8% | 23.4% | 26.0% | 17.1% |
Cash flow
| In millions of BRL | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6,544 | 6,646 | 5,496 | 4,077 | |
| 292 | 1,264 | 919 | 1,078 | |
| 6,252 | 5,382 | 4,577 | 2,999 | |
| Dividends paid | 2,094 | 0 | 0 | 0 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 10.5×
- –
- –
- 1.6×
- 1.2×
- 17.2×
- 8.0×
- 5.8%
- 9.5%
- 0.0%
Profitability
- 16.9%
- 14.8%
- 11.5%
- –
- 9.8%
- 13.0%
- –
- –
- –
- –
Growth
- +10.4%
- –
- –
- –
- +0.0%
Financial health
- 2.1×
- 0.70
- –
- 4.8×
- 1.00
- –
- –
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 12%of 397
Bottom 37%of 392
Top 24%of 363
Top 23%of 397
Top 32%of 396
News
Companhia Paranaense de Energia - COPEL reports Q3 resultsSeeking Alpha · Nov 13, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
54No pass
Benjamin Graham
73Pass
Philip Fisher
48No pass
Peter Lynch
61Pass
Joel Greenblatt
51No pass
Charlie Munger
40No pass
Terry Smith
32No pass
Questions about Companhia Energética de Minas Gerais - CEMIG
Is Companhia Energética de Minas Gerais - CEMIG a good stock to buy?
A solid business, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Companhia Energética de Minas Gerais - CEMIG AI analysis
What does Companhia Energética de Minas Gerais - CEMIG do?
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. It is in Utilities - Regulated Electric, based in Belo Horizonte, MG, Brazil, with 5,320 employees.
Does Companhia Energética de Minas Gerais - CEMIG pay a dividend?
No. Companhia Energética de Minas Gerais - CEMIG does not pay a dividend at the moment.
Is Companhia Energética de Minas Gerais - CEMIG stock halal?
No. Companhia Energética de Minas Gerais - CEMIG does not pass our halal screen: its debt is 39% of its market value, at or above the 33% limit. How we check
How has Companhia Energética de Minas Gerais - CEMIG stock done over the past year?
Up 30.1% over the past twelve months, to R$18.00. It traded between R$13.84 and R$19.67 and is 8.5% below its high.
Who are Companhia Energética de Minas Gerais - CEMIG's competitors?
The largest listed companies in the same industry are NextEra Energy, The Southern, Duke Energy and National Grid. The peers table on this page compares their profit, growth and price with Companhia Energética de Minas Gerais - CEMIG's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.