Valuation
26% of the score
0median 56
An operating loss over the last year: there are no earnings to price.
CIGCompanhia Energética de Minas Gerais - CEMIG
$2.03+4.6% 1Y
$2.03
$1.8352 weeks$2.67
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 30 out of 100, Below average
Below average. Companhia Energética de Minas Gerais - CEMIG scores higher than 23% of the 1,794 companies Ryufin scores.
Carried by capital allocation and cycle position, held back by valuation and return on capital.
Utilities median 49 · all companies 57
How the score has moved
At each fiscal year end, from the reports and price of the time35
33
30
30
202220232024today
Return on capital
18% of the score
6median 34
Over 7 years the business earned 2.8% a year after tax on the capital it uses.
2%
8%
15%
25%
2.8%
None at 2% or less, full points from 25%full points
7 years agolatest -0.1%
Return on new capital
16% of the score
0median 49
Over 6 years yearly profit fell by 86 cents for every dollar earned. It did so while using less capital than before.
-5%
12%
-86%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
100median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Assets against salesAssets grew 3.4% a year, sales 9.3%
10012%
-2%
-5.9%
0 pointsfull points
Cycle position
12% of the score
100median 62
Today's operating margin of -0.1% is -0.01x its normal 9%: near a trough. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
-0x
A trough earns points, a peak costs themfull points
10 years agonow -0.1%
Balance sheet
8% of the score
0median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA6.6x a year of EBITDA
04.5x
0.5x
6.6x
0 pointsfull points
Interest coverOperating profit covers interest 0x
01.5x
12x
0x
0 pointsfull points
Earnings quality
6% of the score
56median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.10x profit over 3 years
740.7x
1x
1.3x
1.1x
0 pointsfull points
AccrualsProfit ran ahead of cash by 2.8% of assets
398%
0%
-8%
2.8%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2024-12-31, latest annual report FY2024.
Utilities, Regulated Electric
Ranks #13 of 14 by RyuScore