Energy of Minas Gerais Co DRC
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- Market Cap.:
- $7.57 billion
- Book Value:
- Revenue TTM:
- $35.26 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $5.26 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Energy of Minas Gerais Co DRC had its IPO on 2014-09-22 under the ticker symbol CIG-C.
The company operates in the Utilities sector and Utilities-Diversified industry. Energy of Minas Gerais Co DRC has a staff strength of 4,969 employees.
Shares of Energy of Minas Gerais Co DRC opened at $3.42 at the start of the last trading session i.e. 2023-06-02.
The stocks traded within a range of $3.4 - $3.55, and closed at $3.55.
This is a +6.93% increase from the previous day's closing price.
A total volume of 24,396 shares were traded at the close of the day’s session.
In the last one week, shares of Energy of Minas Gerais Co DRC have slipped by -2.74%.
Energy of Minas Gerais Co DRC's Key Ratios
Energy of Minas Gerais Co DRC has a market cap of $7.57 billion, indicating a price to book ratio of 1.7663 and a price to sales ratio of 0.1998.
In the last 12-months Energy of Minas Gerais Co DRC’s revenue was $35.26 billion with a gross profit of $5.26 billion and an EBITDA of $6.34 billion. The EBITDA ratio measures Energy of Minas Gerais Co DRC's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Energy of Minas Gerais Co DRC’s operating margin was 14.74% while its return on assets stood at 6.18% with a return of equity of 18.57%.
In Q1, Energy of Minas Gerais Co DRC’s quarterly earnings growth was a negative -4% while revenue growth was a positive 10.2%.
Energy of Minas Gerais Co DRC’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.36 per share while it has a forward price to earnings multiple of 12.3609 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Energy of Minas Gerais Co DRC’s profitability.
Energy of Minas Gerais Co DRC stock is trading at a EV to sales ratio of 0.1823 and a EV to EBITDA ratio of 1.1905. Its price to sales ratio in the trailing 12-months stood at 0.1998.
Energy of Minas Gerais Co DRC stock pays annual dividends of $1.01 per share, indicating a yield of 4.75% and a payout ratio of 25.92%.
Balance sheet and cash flow metrics
- Total Assets
- $54.09 billion
- Total Liabilities
- $11.02 billion
- Operating Cash Flow
- Capital Expenditure
- $731 million
- Dividend Payout Ratio
Energy of Minas Gerais Co DRC ended 2023 with $54.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $54.09 billion while shareholder equity stood at $22.79 billion.
Energy of Minas Gerais Co DRC ended 2023 with $0 in deferred long-term liabilities, $11.02 billion in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $1.60 billion and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $9.19 billion.
Energy of Minas Gerais Co DRC’s total current assets stands at $13.14 billion while long-term investments were $10.42 billion and short-term investments were $2.39 billion. Its net receivables were $4.91 billion compared to accounts payable of $3.01 billion and inventory worth $0.
In 2023, Energy of Minas Gerais Co DRC's operating cash flow was $0 while its capital expenditure stood at $731 million.
Comparatively, Energy of Minas Gerais Co DRC paid $0.26 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Energy of Minas Gerais Co DRC stock is currently trading at $3.55 per share. It touched a 52-week high of $4.2 and a 52-week low of $4.2. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $3.75 and 200-day moving average was $3.33 The short ratio stood at 0.61 indicating a short percent outstanding of 0%.
Around 0% of the company’s stock are held by insiders while 9.7% are held by institutions.
Frequently Asked Questions About Energy of Minas Gerais Co DRC
Similar Industry Stocks (Utilities-Diversified)
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2022, the company operated 69 hydroelectric, wind, and solar plants with an installed capacity of 5,519 MW; 351,163 miles of distribution lines; and 4,580 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; 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.