Is a complete BVMF/CMIG3 research report available?

No complete published report is available for bvmf/CMIG3 (BVMF/CMIG3) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

BVMF/CMIG3 (BVMF/CMIG3)

Brazil Stock Exchange: BVMF/CMIG3 · BRL

R$16.7

-0.50 (-2.9%)· Recorded snapshot

Market cap	35.3B
Revenue (ttm)	43.7B
Net income (ttm)	4.6B
EPS (ttm)	R$1.61
P/E (trailing)	10.4x
P/E (forward)	11.3x
Dividend	R$1.14 (6.81%)
Volume	118,700
Beta	0.06

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	BRL
Country	Brazil
Country code	BR
Earnings date	2026-11-12
Employees	5,320
Employees change	292
Employees growth	5.81%
Enterprise value	BRL 55B
Exchange	Brazil Stock Exchange
Financial currency	BRL
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1952
Industry	Utilities - Regulated Electric
Is primary listing	No
ISIN number	BRCMIGACNOR6
Last earnings date	2026-08-13
Last refreshed	2026-10-28
Last stock split date	2024-04-30
Last stock split type	Forward
Market cap	BRL 35.3B
Next earnings date	2026-11-12
Price	BRL 16.74
Price currency	BRL
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	bvmf/CMIG3
Website	https://www.cemig.com.br

Metric

Value

Amount currency

BRL

Country

Brazil

Country code

Earnings date

2026-11-12

Employees

5,320

Employees change

292

Employees growth

5.81%

Enterprise value

BRL 55B

Exchange

Brazil Stock Exchange

Financial currency

BRL

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1952

Industry

Utilities - Regulated Electric

Is primary listing

ISIN number

BRCMIGACNOR6

Last earnings date

2026-08-13

Last refreshed

2026-10-28

Last stock split date

2024-04-30

Last stock split type

Forward

Market cap

BRL 35.3B

Next earnings date

2026-11-12

Price

BRL 16.74

Price currency

BRL

Sector

Utilities

SIC code

4911

Stock price date

2026-10-28

Symbol

bvmf/CMIG3

Website

https://www.cemig.com.br

Metric	Value
Average P/E ratio (10Y)	11.01x
Average P/E ratio (3Y)	6.08x
Average P/E ratio (5Y)	6.46x
Earnings yield	9.6%
EV/Earnings	12.2x
EV/EBIT	8.49x
EV/EBITDA	6.85x
EV/FCF	19.13x
EV/Sales	1.28x
FCF / EV yield	5.23%
FCF yield	8.05%
Forward P/E	11.33x
Graham number	25.14936
Graham upside	50.96%
Industry forward P/E	13.33x
Industry P/E	11.09x
Lynch fair value	BRL 10.52
Lynch upside	-36.86%
P/B ratio	1.25x
P/E ratio	10.42x
P/FCF ratio	12.42x
P/OCF ratio	10.69x
P/S ratio	0.83x
Price / tangible book value	1,556.3x
Price/EBITDA ratio	4.61x
Sector forward P/E	15.3x
Sector P/E	21.86x

Metric

Value

Average P/E ratio (10Y)

11.01x

Average P/E ratio (3Y)

6.08x

Average P/E ratio (5Y)

6.46x

Earnings yield

9.6%

EV/Earnings

12.2x

EV/EBIT

8.49x

EV/EBITDA

6.85x

EV/FCF

19.13x

EV/Sales

1.28x

FCF / EV yield

5.23%

FCF yield

8.05%

Forward P/E

11.33x

Graham number

25.14936

Graham upside

50.96%

Industry forward P/E

13.33x

Industry P/E

11.09x

Lynch fair value

BRL 10.52

Lynch upside

-36.86%

P/B ratio

1.25x

P/E ratio

10.42x

P/FCF ratio

12.42x

P/OCF ratio

10.69x

P/S ratio

0.83x

Price / tangible book value

1,556.3x

Price/EBITDA ratio

4.61x

Sector forward P/E

15.3x

Sector P/E

21.86x

Metric	Value
EBIT margin	14.59%
EBITDA margin	18.04%
Effective tax rate	10.94%
FCF margin	6.7%
Gross margin	11.14%
Operating margin	14.59%
Pretax margin	11.8%
Profit margin	10.51%
Profit per employee	BRL 863,742
Profitable quarters	25
Profitable years	23
Revenue per employee	BRL 8.2M
ROA	5.94%
ROA (5Y)	6.65%
ROCE	11.12%
ROE	15.94%
ROE (5Y)	21.98%
ROIC	8.3%
Tax / revenue	1.29%

Metric

Value

EBIT margin

14.59%

EBITDA margin

18.04%

Effective tax rate

10.94%

FCF margin

6.7%

Gross margin

11.14%

Operating margin

14.59%

Pretax margin

11.8%

Profit margin

10.51%

Profit per employee

BRL 863,742

Profitable quarters

Profitable years

Revenue per employee

BRL 8.2M

ROA

5.94%

ROA (5Y)

6.65%

ROCE

11.12%

ROE

15.94%

ROE (5Y)

21.98%

ROIC

8.3%

Tax / revenue

1.29%

Metric	Value
EPS growth	-29.34%
EPS growth (Q)	-20.43%
EPS growth (QoQ)	-3.42%
EPS growth 10Y	19.69%
EPS growth 3Y	-4.22%
EPS growth 5Y	1.72%
EPS growth years	0
FCF growth	-30.54%
FCF growth (Q)	-31.75%
FCF growth (QoQ)	-50.74%
FCF growth 3Y	-20.43%
FCF growth 5Y	-16.42%
Net income growth	-29.34%
Net income growth (Q)	-20.43%
Net income growth (QoQ)	-3.42%
Net income growth 3Y	-4.22%
Net income growth 5Y	1.72%
Net income growth years	0
OCF growth	-30.84%
OCF growth (Q)	-43.04%
OCF growth (QoQ)	-50.39%
OCF growth 10Y	4.71%
OCF growth 3Y	-18.47%
OCF growth 5Y	-14.21%
Revenue growth	4.25%
Revenue growth (Q)	3.43%
Revenue growth (QoQ)	6.63%
Revenue growth 10Y	8.33%
Revenue growth 3Y	6.27%
Revenue growth 5Y	9.21%
Revenue growth quarters	2
Revenue growth years	5

Metric

Value

EPS growth

-29.34%

EPS growth (Q)

-20.43%

EPS growth (QoQ)

-3.42%

EPS growth 10Y

19.69%

EPS growth 3Y

-4.22%

EPS growth 5Y

1.72%

EPS growth years

FCF growth

-30.54%

FCF growth (Q)

-31.75%

FCF growth (QoQ)

-50.74%

FCF growth 3Y

-20.43%

FCF growth 5Y

-16.42%

Net income growth

-29.34%

Net income growth (Q)

-20.43%

Net income growth (QoQ)

-3.42%

Net income growth 3Y

-4.22%

Net income growth 5Y

1.72%

Net income growth years

OCF growth

-30.84%

OCF growth (Q)

-43.04%

OCF growth (QoQ)

-50.39%

OCF growth 10Y

4.71%

OCF growth 3Y

-18.47%

OCF growth 5Y

-14.21%

Revenue growth

4.25%

Revenue growth (Q)

3.43%

Revenue growth (QoQ)

6.63%

Revenue growth 10Y

8.33%

Revenue growth 3Y

6.27%

Revenue growth 5Y

9.21%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	BRL -474M
EBIT	BRL 6.4B
EBITDA	BRL 7.9B
EPS	BRL 1.61
Financing cash flow	BRL 3.5B
Free cash flow	BRL 2.9B
Gross profit	BRL 4.9B
Income taxes	BRL 564.6M
Investing cash flow	BRL -6.5B
Net borrowing	BRL 7.2B
Net cash flow	BRL 404.6M
Net income	BRL 4.6B
Operating income	BRL 6.4B
Revenue	BRL 43.7B

Metric

Value

Capital expenditures

BRL -474M

EBIT

BRL 6.4B

EBITDA

BRL 7.9B

EPS

BRL 1.61

Financing cash flow

BRL 3.5B

Free cash flow

BRL 2.9B

Gross profit

BRL 4.9B

Income taxes

BRL 564.6M

Investing cash flow

BRL -6.5B

Net borrowing

BRL 7.2B

Net cash flow

BRL 404.6M

Net income

BRL 4.6B

Operating income

BRL 6.4B

Revenue

BRL 43.7B

Metric	Value
Book value per share	BRL 10.20
Debt / EBITDA	2.86
Debt / equity	0.78
Debt / FCF	7.76
Interest coverage	3.5
Long-term assets	BRL 55.1B
Long-term liabilities	BRL 28.2B
Net cash (debt)	BRL -19.7B
Net cash / market cap	-54.05%
Net debt / EBITDA	2.49
Net debt / equity	0.67
Net debt / FCF	6.71
Piotroski F-Score	4
Property, plant and equipment	BRL 4.7B
Shareholders' equity	BRL 29.2B
Tangible book value	BRL 23.4M
Tangible book value per share	BRL 0.01
Total assets	BRL 70.9B
Total cash	BRL 3.1B
Total debt	BRL 22.7B
Total liabilities	BRL 41.7B
WACC	5.54%

Metric

Value

Book value per share

BRL 10.20

Debt / EBITDA

2.86

Debt / equity

0.78

Debt / FCF

7.76

Interest coverage

3.5

Long-term assets

BRL 55.1B

Long-term liabilities

BRL 28.2B

Net cash (debt)

BRL -19.7B

Net cash / market cap

-54.05%

Net debt / EBITDA

2.49

Net debt / equity

0.67

Net debt / FCF

6.71

Piotroski F-Score

Property, plant and equipment

BRL 4.7B

Shareholders' equity

BRL 29.2B

Tangible book value

BRL 23.4M

Tangible book value per share

BRL 0.01

Total assets

BRL 70.9B

Total cash

BRL 3.1B

Total debt

BRL 22.7B

Total liabilities

BRL 41.7B

WACC

5.54%

Metric	Value
Asset turnover	0.65
Current assets	BRL 15.7B
Current liabilities	BRL 13.5B
Current ratio	1.17
Net working capital	BRL 789.6M
Quick ratio	0.9
Working capital	BRL 2.3B
Working capital turnover	39.83

Metric

Value

Asset turnover

0.65

Current assets

BRL 15.7B

Current liabilities

BRL 13.5B

Current ratio

1.17

Net working capital

BRL 789.6M

Quick ratio

0.9

Working capital

BRL 2.3B

Working capital turnover

39.83

Metric	Value
Dividend growth	-22.16%
Dividend growth (10Y)	13.2%
Dividend growth (3Y)	10.19%
Dividend growth (5Y)	10.36%
Dividend growth years	2
Dividend payment date	2027-06-30
Dividend payment years	9
Dividend payout frequency	Quarterly
Dividend per share	BRL 1.14
Dividend yield	6.81%
Ex-dividend date	2026-09-23
Last dividend	BRL 0.07
Payout ratio	78.52%
Shareholder yield	6.84%

Metric

Value

Dividend growth

-22.16%

Dividend growth (10Y)

13.2%

Dividend growth (3Y)

10.19%

Dividend growth (5Y)

10.36%

Dividend growth years

Dividend payment date

2027-06-30

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

BRL 1.14

Dividend yield

6.81%

Ex-dividend date

2026-09-23

Last dividend

BRL 0.07

Payout ratio

78.52%

Shareholder yield

6.84%

Metric	Value
10Y price change	250.06%
10Y return CAGR	21.05%
10Y total return	575.44%
150-day SMA	BRL 16.62
15Y price change	98.8%
15Y return CAGR	14.33%
15Y total return	645.14%
1D price change	-2.9%
1M price change	1.14%
1M total return	1.14%
1W price change	-5.17%
1W total return	-5.17%
1Y price change	19.38%
1Y return CAGR	28.54%
1Y total return	28.52%
20-day SMA	BRL 17.63
200-day SMA	BRL 16.27
20Y price change	149.67%
20Y return CAGR	12.45%
20Y total return	944.83%
3M price change	1.44%
3M total return	1.86%
3Y price change	46.89%
3Y return CAGR	25.59%
3Y total return	98.11%
50-day SMA	BRL 16.98
50-day SMA vs 200-day SMA	50over200
52-week high	BRL 19.96
52-week high date	2026-04-14
52-week low	BRL 13.85
52-week low date	2025-11-24
5Y price change	60.18%
5Y return CAGR	20.35%
5Y total return	152.4%
6M price change	1.5%
6M total return	4.83%
All-time high	BRL 19.96
All-time high date	2026-04-14
All-time low	BRL 0.88
All-time low date	1998-09-10
Average true range (ATR)	BRL 0.62
Average volume	163.6K
Beta (5Y)	0.06
Change from 52-week high	-16.13%
Change from 52-week low	20.87%
Change from all-time high	-15.43%
Change from all-time low	1,809.5%
Change from open	-2.39%
Day's gap	-0.52%
Dollar volume	BRL 2M
High price	BRL 17.25
Low price	BRL 16.60
Monthly RSI	61.72
Open price	BRL 17.15
Position in 52-week range	21.54%
Previous close	BRL 17.24
Price vs 150-day SMA	1.59%
Price vs 20-day SMA	-4.23%
Price vs 200-day SMA	3.74%
Price vs 50-day SMA	-0.59%
Relative volume	0.73
RSI	42.28
Sharpe ratio	1.02
Sharpe ratio (3Y)	0.66
Sharpe ratio (5Y)	0.65
Sortino ratio	1.74
Sortino ratio (3Y)	1.2
Sortino ratio (5Y)	1.17
Volume	118.7K
Weekly RSI	51.8
YTD price change	14.83%
YTD total return	20.29%

Metric

Value

10Y price change

250.06%

10Y return CAGR

21.05%

10Y total return

575.44%

150-day SMA

BRL 16.62

15Y price change

98.8%

15Y return CAGR

14.33%

15Y total return

645.14%

1D price change

-2.9%

1M price change

1.14%

1M total return

1.14%

1W price change

-5.17%

1W total return

-5.17%

1Y price change

19.38%

1Y return CAGR

28.54%

1Y total return

28.52%

20-day SMA

BRL 17.63

200-day SMA

BRL 16.27

20Y price change

149.67%

20Y return CAGR

12.45%

20Y total return

944.83%

3M price change

1.44%

3M total return

1.86%

3Y price change

46.89%

3Y return CAGR

25.59%

3Y total return

98.11%

50-day SMA

BRL 16.98

50-day SMA vs 200-day SMA

50over200

52-week high

BRL 19.96

52-week high date

2026-04-14

52-week low

BRL 13.85

52-week low date

2025-11-24

5Y price change

60.18%

5Y return CAGR

20.35%

5Y total return

152.4%

6M price change

1.5%

6M total return

4.83%

All-time high

BRL 19.96

All-time high date

2026-04-14

All-time low

BRL 0.88

All-time low date

1998-09-10

Average true range (ATR)

BRL 0.62

Average volume

163.6K

Beta (5Y)

0.06

Change from 52-week high

-16.13%

Change from 52-week low

20.87%

Change from all-time high

-15.43%

Change from all-time low

1,809.5%

Change from open

-2.39%

Day's gap

-0.52%

Dollar volume

BRL 2M

High price

BRL 17.25

Low price

BRL 16.60

Monthly RSI

61.72

Open price

BRL 17.15

Position in 52-week range

21.54%

Previous close

BRL 17.24

Price vs 150-day SMA

1.59%

Price vs 20-day SMA

-4.23%

Price vs 200-day SMA

3.74%

Price vs 50-day SMA

-0.59%

Relative volume

0.73

RSI

42.28

Sharpe ratio

1.02

Sharpe ratio (3Y)

0.66

Sharpe ratio (5Y)

0.65

Sortino ratio

1.74

Sortino ratio (3Y)

1.2

Sortino ratio (5Y)

1.17

Volume

118.7K

Weekly RSI

51.8

YTD price change

14.83%

YTD total return

20.29%

Metric	Value
Float	2.4B
Shares change (QoQ)	0%
Shares held by insiders	0%
Shares held by institutions	48.22%

Metric

Value

Float

2.4B

Shares change (QoQ)

Shares held by insiders

Shares held by institutions

48.22%

BVMF/CMIG3 (BVMF/CMIG3)

Price

Financial snapshot

Fair-value bridge

Latest news · BVMF/CMIG3

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BVMF/CMIG3 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BVMF/CMIG3

Frequently asked questions