Companhia Energetica de Minas Gerais Stock Price and Value Analysis

Should you buy Companhia Energetica de Minas Gerais stock? (NYSE:CIG). Let's see how it does in our automated value investing analysis system.

CIG Free Cash Flow Trend

Free Cash Flow trendline for CIG
Free Cash Flow trendline for Companhia Energetica de Minas Gerais

Based on historical returns, we believe that Companhia Energetica de Minas Gerais can grow its free cash at a rate of about 4%. That's positive!

AdvantagesDisadvantages
  • This stock is available at a great discount!
  • This company has fluctuating growth.
  • This company has a large dividend yield!
  • This company is less known than others.
  • This company is making money at a modest rate.

Inside the CIG Numbers

CIG Price
(Companhia Energetica de Minas Gerais stock price per share)
$2.24
[?] CIG Fair Price
(based on intrinsic value)
$16.07
[?] CIG Safety Price (based on a variable margin of safety) $9.64
[?] PE Ratio versus Sector 58% lower than other Utilities stocks
[?] PE Ratio versus Industry 0% lower than other Unknown stocks
[?] Cash Yield 38.64%
[?] Free Cash Flow Jitter 28%
[?] Dividend Yield 10%
Shares Shorted 27,543,062

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 27,543,062 shares shorted. With 1,286,071,172 shares available for purchase and an average trading volume over the past 10 trading days of 9,848,600, it would take at least 2.797 days for all of the short holders to cover their shorts.

Is Companhia Energetica de Minas Gerais Stock on Sale?

We believe that Companhia Energetica de Minas Gerais may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Even better, Companhia Energetica de Minas Gerais looks like a stock on sale. Based on our analysis—if the company keeps making money the way it has been—you may be looking at a bargain. Keep this stock in mind as you put together your portfolio! See Before You Buy for your next steps (and read our disclaimer about investing risk).

Should You Buy CIG Stock?

Does Companhia Energetica de Minas Gerais have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.