CIG
Companhia Energética de Minas GeraisUtilities · $5.9B market cap
Verdict
Share price
$2.15
close of Oct 3, 2026
Fair value
$2.61
Sticker Price
Payback Price
$1.04
buy price
CIG is Undervalued: at $2.15 it trades 18% below its fair value of $2.61. Its buy price (Payback Price) is $1.04, 51% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.
How we valued it
Dividend Discount Model. A regulated utility with a steady dividend record, so we value it on the dividends it pays.
Business quality
1 of 5 clear the 10% bar. What are the Big Five?
Follow CIG
Get notified when it reaches its buy price of $1.04. Free.
Create a free accountSuperinvestors
2 of the investors we track hold CIG. In Q2 2026, 1 trimmed. Who we track
Richard Pzena
Pzena Investment Management · as of Q2 2026
$953K
453,957 shares
Dodge & Cox Funds
Dodge & Cox Funds · as of Q2 2026
$32K
15,000 shares
Moves in Q2 2026
Trimmed: Richard Pzena
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais (CIG) is a prominent Brazilian energy company whose operations, conducted through its various subsidiaries, span the entire electricity value chain: generation, transmission, distribution, and retail. As of December 31, 2021, CIG's substantial infrastructure included 70 hydroelectric, wind, and solar power plants with a collective installed capacity of 5,700 megawatts. Its…
Regulated Electric
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works