Energy of Minas Gerais Co DRC
NYSE: CIG-C · UTILITIES · UTILITIES - REGULATED ELECTRIC
Updated 2026-09-11
Energy of Minas Gerais Co DRC (CIG-C) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for CIG-C.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
CIG-C historical valuation range
Where current P/E sits in CIG-C's own 5Y range.
CIG-C intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
CIG-C valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 10.58x
P/S Ratio — History
Current: 0.21x
Is CIG-C overvalued in 2026?
Energy of Minas Gerais Co DRC (CIG-C) currently trades at $3.36 per share with a market capitalization of $9,383,037,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 60/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 10.6x, above its 5-year median of 8.0x. The PEG ratio of 0.33 suggests earnings growth is outpacing the multiple, a classic sign of undervaluation.
Looking at its own history, CIG-C is currently trading more expensive than 94% of the last 5Y on P/E. This places it in the 94th percentile of its historical range, a zone where forward returns have typically been muted.
Our discounted cash flow model estimates CIG-C's intrinsic value at $5.52 per share, against the current market price of $3.36. This implies a margin of safety of +46.56%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.
Financial quality is a concern. The Piotroski F-Score of 3/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: CIG-C trades at a fair valuation on our framework, with a Smart Value Score of 60/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is CIG-C overvalued?
CIG-C scores 60/100 on our Smart Value Score (Grade C+), a mixed overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.
What is CIG-C's fair value?
Our DCF model estimates CIG-C's intrinsic value at $5.52 per share, versus the current price of $3.36, a margin of safety of +46.56%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.
What P/E ratio does CIG-C trade at?
CIG-C trades at a P/E of 10.6x on trailing twelve-month earnings, against a 5-year median of 8.0x. P/E is what you pay per dollar of profit, and sitting above its own median means the stock is pricier than usual relative to its earnings.
Is CIG-C a buy based on valuation?
Our Smart Value rating for CIG-C is Hold, from a Smart Value Score of 60/100 that blends growth, quality, and valuation. The profile is balanced and best suited to investors who already have a thesis. This is research to inform your decision, not personalized financial advice.
How does CIG-C's valuation compare to its history?
On P/E, CIG-C sits in the 94th percentile of its own 5Y range, historically expensive relative to where it has traded. A high percentile means today's multiple is near the top of its historical band.
What is CIG-C's Smart Value Score?
CIG-C's Smart Value Score is 60/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.