Cia Energetica DE Minas Gerais - Cemig Overview
Valuation check: CIG's ROE is 13.13%, above the Utilities sector average of 9.53%.
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+ Follow13.13%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, CIG shows a ROE of 13.13%. That is above the Utilities sector average of 9.53%. Scroll down for historical charts and peer comparison views.
The Utilities sector average ROE is about 9.53%. Cia Energetica DE Minas Gerais - Cemig is at 13.13%, which is higher that average. That is roughly 37.7% above the sector mean. Use the comparison chart on this page to see how CIG stacks up against individual peers as well.
Check the historical chart to see whether CIG's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Cia Energetica DE Minas Gerais - Cemig with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Cia Energetica DE Minas Gerais - Cemig's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 13.13%) with ownership activity and broader fundamentals.
The Utilities average ROE is about 9.53%, while CIG is at 13.13%. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
