CIG
Price:
$1.97
Market Cap:
$36.96B
Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 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...[Read more]
Industry
Diversified Utilities
IPO Date
1996-11-18
Stock Exchange
NYSE
Ticker
CIG
According to Companhia Energética de Minas Gerais’s latest financial reports and current stock price. The company's current ROE is 24.48%. This represents a change of 298.69% compared to the average of 6.14% of the last 4 quarters.
The mean historical ROE of Companhia Energética de Minas Gerais over the last ten years is 14.96%. The current 24.48% ROE has changed 63.65% with respect to the historical average. Over the past ten years (40 quarters), CIG's ROE was at its highest in in the June 2019 quarter at 12.09%. The ROE was at its lowest in in the September 2019 quarter at -2.94%.
Average
14.96%
Median
17.59%
Minimum
0.00%
Maximum
27.81%
Discovering the peaks and valleys of Companhia Energética de Minas Gerais ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 66.70%
Maximum Annual ROE = 27.81%
Minimum Annual Increase = -99.99%
Minimum Annual ROE = 0.00%
Year | ROE | Change |
---|---|---|
2023 | 25.29% | 34.60% |
2022 | 18.79% | -2.54% |
2021 | 19.28% | 17.62% |
2020 | 16.39% | -21.11% |
2019 | 20.77% | 78.15% |
2018 | 11.66% | 66.79% |
2017 | 6.99% | 170.39% |
2016 | 2.59% | 66.70% |
2015 | 0.00% | -99.99% |
2014 | 27.81% | 18.94% |
The current ROE of Companhia Energética de Minas Gerais (CIG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
21.12%
5-year avg
20.10%
10-year avg
14.96%
Companhia Energética de Minas Gerais’s ROE is less than NorthWestern Corporation (8.08%), less than Montauk Renewables, Inc. (7.52%), less than ALLETE, Inc. (6.39%), less than E.ON SE (11.73%), less than Companhia Paranaense de Energia - COPEL (9.07%), less than Otter Tail Corporation (21.06%), less than Avista Corporation (7.77%), less than Commerce Energy Group, Inc. (0%), less than ATCO Ltd. (8.64%), less than RWE Aktiengesellschaft (10.68%), less than Black Hills Corporation (8.44%), less than Unitil Corporation (9.74%),
Company | ROE | Market cap |
---|---|---|
8.08% | $3.22B | |
7.52% | $805.67M | |
6.39% | $3.70B | |
11.73% | $35.41B | |
9.07% | $4.85B | |
21.06% | $3.28B | |
7.77% | $2.86B | |
0% | $30.76K | |
8.64% | $3.88B | |
10.68% | $24.35B | |
8.44% | $4.02B | |
9.74% | $918.04M |
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What is the 5-year average ROE for Companhia Energética de Minas Gerais (CIG)?
How does the current ROE for Companhia Energética de Minas Gerais (CIG) compare to its historical average?