Energy of Minas Gerais Co DRC (CIGc)

Energy of Minas Gerais Co DRC (CIGc) is a depositary receipt listed on the NYSE that represents common stock of Companhia Energética de Minas Gerais (CEMIG), a Brazilian utility company headquartered in Belo Horizonte. Through its subsidiaries, CEMIG is engaged in electricity generation, transmission, distribution, and sales in Brazil, along with related energy businesses. Its operating base includes hydroelectric, wind, and photovoltaic assets, as well as extensive distribution and transmission networks. The company also has activities in gas acquisition, transportation, and distribution, and provides services such as energy trading, transmission infrastructure work, solar plant installation and operation, distributed generation, cogeneration, energy efficiency, and energy storage and supply management. CEMIG was incorporated in 1952.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-CIG.C
$3.13
-0.7% Downside
Fair
Good
0.2114
6.7%
August 13, 2026
7.5x
1.3x
0.8x
7.163 B
9.926 B
35.4%
83.0%
6.0
82.0%
65.6%
Valuation • Fair Value

Energy of Minas Gerais Co DRC (NYSE-CIG.C) Fair Value by Valuation Model

Compare the primary fair value estimate for Energy of Minas Gerais Co DRC (NYSE-CIG.C) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$3.13

Estimated downside of 0.7% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$3.03

Discounted cash flow valuation reference.

Ben Graham Formula Value

$4.23

Classic Ben Graham valuation formula reference.

DDM Fair Value

$4.05

Dividend discount model valuation reference.

EPV Fair Value

$4.71

Earnings power value estimate.

Comps Fair Value

$2.81

Comparable-company valuation reference.

Analyst Price Target

Not available

Data is currently unavailable.

How to read these valuation models

Use this section to compare the primary fair value estimate for Energy of Minas Gerais Co DRC (NYSE-CIG.C) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Energy of Minas Gerais Co DRC (NYSE-CIG.C)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

8.373 B

Current operating scale indicator.

Revenue Forecast

6.497 B

Forward revenue estimate.

EBITDA

1.496 B

Current operating profitability reference.

EBITDA Forecast

1.464 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Energy of Minas Gerais Co DRC (NYSE-CIG.C) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Energy of Minas Gerais Co DRC (NYSE-CIG.C)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

-2.24

No elevated caution signal from this screen.

Altman Z-Score

6.0

Relatively strong balance-sheet zone.

FCF / Net Income

65.6%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Energy of Minas Gerais Co DRC (NYSE-CIG.C). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Energy of Minas Gerais Co DRC (NYSE-CIG.C)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 13, 2026

Days to Earnings

23

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

6.7%

Income yield reference.

Upcoming Dividend

0.2114

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

82.0%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Energy of Minas Gerais Co DRC (NYSE-CIG.C), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Energy of Minas Gerais Co DRC (NYSE-CIG.C) Stock Forecast & Technical Outlook

Review Energy of Minas Gerais Co DRC (NYSE-CIG.C) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Sell

The 15-minute technical read for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Neutral

The weekly technical read for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Energy of Minas Gerais Co DRC (NYSE-CIG.C)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Energy of Minas Gerais Co DRC (NYSE-CIG.C) has a Hold consensus, with 0 buy, 1 hold and 0 sell recommendations in the current data set.

Buy 0
Hold 1
Sell 0
FAQ Fast Investor Answers

Energy of Minas Gerais Co DRC (NYSE-CIG.C) Stock FAQ

Quick answers about Energy of Minas Gerais Co DRC (NYSE-CIG.C) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$3.13
Estimated downside 0.7%
Valuation Rating
Near Fair Value
Price is close to fair value
Analyst Target
Not available
Data is currently unavailable
Financial Health
Good
Current financial-health read

The current fair value estimate for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is $3.13. This implies an estimated downside of 0.7% versus the current market price.

Based on the current fair value estimate, the stock is trading close to its estimated fair value.

An analyst price target for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is not currently available in the latest data file.

The current financial health read for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is August 13, 2026.

Based on the current data, dividend yield is 6.7%, upcoming dividend amount is 0.2114.

The current P/E ratio listed for Energy of Minas Gerais Co DRC (NYSE-CIG.C) is 7.5x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Energy of Minas Gerais Co DRC is 7.163 B.

The current enterprise value listed for Energy of Minas Gerais Co DRC is 9.926 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Energy of Minas Gerais Co DRC is NYSE-CIG.C, and the stock is listed on NYSE.

Energy of Minas Gerais Co DRC (NYSE-CIG.C) is listed on NYSE.

The current debt-to-total-capital ratio listed for Energy of Minas Gerais Co DRC is 35.4%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Energy of Minas Gerais Co DRC is 83.0%. Free float helps investors understand how much of the share base is available for public trading.