The utility trades at a forward P/E of 13.9x among the cheapest in its peer group and has beaten consensus estimates in 3 of the last 4 quarters with an average positive surprise of approximately 48%, but a flagged condition indicates the stock has run above its fundamental valuation anchor, free cash flow is negative, leverage stands at a debt-to-equity of 1.9, and quality sits below the minimum acceptable threshold — factors that collectively present a value-trap profile rather than a genuine opportunity.
Thesis pillars
- Price Above Fundamental Anchor→Stable
- Negative Fcf And Elevated Leverage→Stable
- Deep Value Vs Peers↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026· older than 90 days
Comp En De Mn Cemig (CIG) Stock Analysis
Utilities · Utilities - Regulated Electric
Sell if holding. Engine safety override at $1.82: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: Below-average business quality; Negative price momentum; Below long-term trend.
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total... Read more
Sell if holding. Engine safety override at $1.82: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.9/10, moderate confidence.
Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 7d<=7d. Suitability: moderate.
Recent developments
updated Nov 5, 2026Recent Developments — Comp En De Mn Cemig
Latest news
- NEWS CI Games SE President Establishes Share Pledge — fiscal.ai Nov 5, 2026 neutral
- NEWS CI Games SE Appoints Marek Lech Tymiński as President of the Management Board — fiscal.ai Oct 28, 2026 neutral
- NEWS RXO, Vaxcyte, PTC And Other Big Stocks Moving Higher On Monday — benzinga Oct 5, 2026 positive
- NEWS Top 3 Utilities Stocks That May Explode In May — benzinga May 15, 2026 positive
- NEWS Comp En De Mn Cemig ADS (NYSE:CIG) Stock Passes Above 200 Day Moving Average - Time to Sell? - MarketBeat — MarketBeat May 8, 2026 neutral
Latest item Nov 5, 2026 · Generated 2026-11-05T11:59:09Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $1.82: Quality below floor (3.9 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: Below-average business quality; Negative price momentum; Below long-term trend. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $1.72. Score 4.9/10, moderate confidence.
Analyst target: $1.88 (+3.5% upside). Prior stop was $1.72. Stop-loss: $1.72.
Cyclical trap - fwd PE 61x vs trail 6x (10.3x); Quality below floor (3.9 < 4.0).
Comp En De Mn Cemig trades at a P/E of 5.9 (forward 60.7). TrendMatrix value score: 6.0/10. Verdict: Sell.
17 analysts rate CIG, with a consensus score of 2.4/5. 3 analysts publish price targets averaging $2.
What does Comp En De Mn Cemig do?Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission,...
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.