CIG-C
Price:
$2.705
Market Cap:
$41.59B
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
2007-06-12
Stock Exchange
NYSE
Ticker
CIG-C
According to Companhia Energética de Minas Gerais’s latest financial reports and current stock price. The company's current ROE is 14.29%. This represents a change of 299.65% compared to the average of 3.58% of the last 4 quarters.
The mean historical ROE of Companhia Energética de Minas Gerais over the last ten years is 16.40%. The current 14.29% ROE has changed -12.84% with respect to the historical average. Over the past ten years (40 quarters), CIG-C'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
16.40%
Median
18.90%
Minimum
2.58%
Maximum
26.00%
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 = 170.50%
Maximum Annual ROE = 26.00%
Minimum Annual Increase = -86.42%
Minimum Annual ROE = 2.58%
| Year | ROE | Change |
|---|---|---|
| 2024 | 26.00% | 11.17% |
| 2023 | 23.38% | 24.45% |
| 2022 | 18.79% | -2.54% |
| 2021 | 19.28% | 17.62% |
| 2020 | 16.39% | -17.39% |
| 2019 | 19.84% | 69.64% |
| 2018 | 11.70% | 67.38% |
| 2017 | 6.99% | 170.50% |
| 2016 | 2.58% | -86.42% |
| 2015 | 19.02% | -31.62% |
The current ROE of Companhia Energética de Minas Gerais (CIG-C) 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
22.72%
5-year avg
20.77%
10-year avg
16.40%
Companhia Energética de Minas Gerais’s ROE is less than The AES Corporation (31.65%), less than ALLETE, Inc. (5.80%), greater than Algonquin Power & Utilities Corp. (-28.98%), less than Avista Corporation (7.19%), less than Brookfield Infrastructure Partners L.P. (14.84%), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (5.49%), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (5.49%), greater than Enel Chile S.A. (-2.92%), less than Unitil Corporation (9.05%),
| Company | ROE | Market cap |
|---|---|---|
| 31.65% | $9.92B | |
| 5.80% | $3.93B | |
| -28.98% | $4.49B | |
| 7.19% | $3.14B | |
| 14.84% | $16.53B | |
| 5.49% | $28.03B | |
| 5.49% | $24.82B | |
| -2.92% | $5.38B | |
| 9.05% | $789.53M |
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What is the 5-year average ROE for Companhia Energética de Minas Gerais (CIG-C)?
How does the current ROE for Companhia Energética de Minas Gerais (CIG-C) compare to its historical average?