Cia Energetica DE Minas Gerais - Cemig Overview
Valuation check: CIG's ROE is 13.13%, above the Utilities sector average of 11.36%.
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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.
Cia Energetica DE Minas Gerais - Cemig's return on equity stands at 13.13%. That is above the Utilities sector average of 11.36%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Cia Energetica DE Minas Gerais - Cemig sits higher the Utilities benchmark (11.36%) with a ROE of 13.13%. That is roughly 15.6% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 13.13% for Cia Energetica DE Minas Gerais - Cemig means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Cia Energetica DE Minas Gerais - Cemig's ROE evolved across reporting periods, while the comparison chart places CIG next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Utilities, ROE is commonly used to spot outliers. Cia Energetica DE Minas Gerais - Cemig's reading of 13.13% (sector avg 11.36%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.
