Companhia Energética de Minas Gerais

Companhia Energética de Minas Geraisverified

CIG

Price:

$2.11

Market Cap:

$36.80B

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

The ROE as of September 2024 (TTM) for Companhia Energética de Minas Gerais (CIG) is 24.47%

According to Companhia Energética de Minas Gerais’s latest financial reports and current stock price. The company's current ROE is 24.47%. This represents a change of 298.68% compared to the average of 6.14% of the last 4 quarters.

Companhia Energética de Minas Gerais (CIG) Historical ROE (quarterly & annually)

How has CIG ROE performed in the past?

The mean historical ROE of Companhia Energética de Minas Gerais over the last ten years is 14.96%. The current 24.47% ROE has changed 63.63% 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%.

Quarterly (TTM)
Annual

Average

14.96%

Median

17.59%

Minimum

0.00%

Maximum

27.81%

Companhia Energética de Minas Gerais (CIG) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202325.29%34.60%
202218.79%-2.54%
202119.28%17.62%
202016.39%-21.11%
201920.77%78.15%
201811.66%66.79%
20176.99%170.39%
20162.59%66.70%
20150.00%-99.99%
201427.81%18.94%

Companhia Energética de Minas Gerais (CIG) Average ROE

How has CIG ROE performed in the past?

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 (CIG) ROE vs. Peers

How is CIG’s ROE compared to its peers?

Companhia Energética de Minas Gerais’s ROE is less than NorthWestern Corporation (7.51%), less than Montauk Renewables, Inc. (7.52%), less than ALLETE, Inc. (7.87%), 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%),

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