Energy of Minas Gerais Co DRC

Company Profile

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.

Stock update

Shares of Energy of Minas Gerais Co DRC opened at $3.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.9 - $4.06, and closed at $4.06.

This is a +2.27% increase from the previous day's closing price.

A total volume of 46,072 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 increased by +2.78%.

Energy of Minas Gerais Co DRC's Key Ratios

Energy of Minas Gerais Co DRC has a market cap of $7.75 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

12.3609

Trailing PE

9.0256

PEG

0

Its diluted EPS in the last 12-months stands at $0.39 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 24.66%.

Balance sheet and cash flow metrics

Total Assets

$54.09 billion

Total Liabilities

$11.02 billion

Operating Cash Flow

$0

Capital Expenditure

$731 million

Dividend Payout Ratio

24.66%

Energy of Minas Gerais Co DRC ended 2024 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 2024 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 2024, 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 $0.25 in dividends in 2024.

Other key metrics

Current Trading Price

$4.06

52-Week High

$4.2

52-Week Low

$2.6504

Analyst Target Price

$

Energy of Minas Gerais Co DRC stock is currently trading at $4.06 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 $3.96 and 200-day moving average was $3.52 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.