Nama Insights

Companhia Energética de Minas Gerais - CEMIG (CIG-C)

Utilities · Utilities Regulated Electric · NYSE

Companhia Energética de Minas Gerais - CEMIG (CIG-C) is a Utilities company in the Utilities Regulated Electric industry. It has a market capitalization of $8.07B and a free-cash-flow yield of 6.7%. Over the most recent reported fiscal year, revenue grew 7.4% and free cash flow per share fell 34.5%. Nama's AI scorecard rates it Hold, 5.5 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Hold · 5.5/10
The sections balance. As of Nov 7, 2026.
Momentum
Rising · +27.9% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-30.2%
How far the last close sits under the highest price of the past five years.
Market cap$8.07B
Trailing P/E—
Price / book1.5
Price / sales1.0
FCF yield6.7%
Dividend yield5.3%
Gross margin15.3%
Operating margin15.2%
Net margin10.6%
Revenue growth (YoY)+7.4%
Revenue growth (3-yr annual)+10.4%
EPS growth (YoY)—
FCF/share growth (YoY)-34.5%
Beta0.1
ExchangeNYSE
SectorUtilities
IndustryUtilities Regulated Electric

Utilities Regulated Electric peers

TickerCompanyMarket capP/E
NEE NextEra Energy $182.36B 21.6
SO Southern $107.51B 18.7
DUK Duke Energy $99.63B 18.6
NGG National Grid $83.60B —
AEP American Electric Power $68.90B 19.7
D Dominion Energy $60.34B 18.5
ETR Entergy $52.82B 25.2
XEL Xcel Energy $51.14B 18.4
Explore live CIG-C data on Nama Insights →

CIG-C FAQ

Is CIG-C a buy?
Nama's AI scorecard currently rates Companhia Energética de Minas Gerais - CEMIG Hold (5.5 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
Is CIG-C Shariah compliant?
Nama's AAOIFI-style screen reads Companhia Energética de Minas Gerais - CEMIG as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does CIG-C pay a dividend?
Yes — Companhia Energética de Minas Gerais - CEMIG's dividend yield is 5.3%.