Companhia Energética de Minas Gerais

Companhia Energética de Minas Geraisverified

CIG

Price:

$1.89

Market Cap:

$36.28B

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 December 2024 (TTM) for Companhia Energética de Minas Gerais (CIG) is 12.54%

According to Companhia Energética de Minas Gerais’s latest financial reports and current stock price. The company's current ROE is 12.54%. This represents a change of 328.33% compared to the average of 2.93% 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 12.54% ROE has changed 83.73% with respect to the historical average. Over the past ten years (40 quarters), CIG's ROE was at its highest in in the September 2024 quarter at 11.69%. 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%34.59%
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 greater than its 3-year, greater than its 5-year, and greater 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 greater than NorthWestern Corporation (8.08%), greater than Montauk Renewables, Inc. (8.88%), greater than ALLETE, Inc. (6.39%), greater than E.ON SE (11.81%), greater than Companhia Paranaense de Energia - COPEL (12.02%), greater than Otter Tail Corporation (19.84%), greater than Avista Corporation (7.83%), less than Commerce Energy Group, Inc. (0%), greater than ATCO Ltd. (8.63%), greater than RWE Aktiengesellschaft (8.72%), greater than Black Hills Corporation (7.87%), greater than Unitil Corporation (9.35%),

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