Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) EBIT per Share : $0.79 (TTM As of Sep. 2023)

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What is Cia Energetica DE Minas Gerais - Cemig EBIT per Share?

Cia Energetica DE Minas Gerais - Cemig's EBIT per Share for the three months ended in Sep. 2023 was $0.16. Its EBIT per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $0.79.

During the past 12 months, the average EBIT per Share Growth Rate of Cia Energetica DE Minas Gerais - Cemig was 69.30% per year. During the past 3 years, the average EBIT per Share Growth Rate was 18.20% per year. During the past 5 years, the average EBIT per Share Growth Rate was 16.60% per year. During the past 10 years, the average EBIT per Share Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's EBIT per Share or its related term are showing as below:

CIG' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -21.2 Med: 3.2 Max: 103
Current: 18.2

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Cia Energetica DE Minas Gerais - Cemig was 103.00% per year. The lowest was -21.20% per year. And the median was 3.20% per year.

CIG's 3-Year EBIT Growth Rate is ranked better than
73.89% of 452 companies
in the Utilities - Regulated industry
Industry Median: 6 vs CIG: 18.20

Cia Energetica DE Minas Gerais - Cemig's EBIT for the three months ended in Sep. 2023 was $357 Mil.

Cia Energetica DE Minas Gerais - Cemig EBIT per Share Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cia Energetica DE Minas Gerais - Cemig EBIT per Share Chart

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT per Share

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0.35

0.65

0.46

0.54

0.57

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT per Share	Get a 7-Day Free Trial															0.14	0.28	0.17	0.18	0.16

Cia Energetica DE Minas Gerais - Cemig EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Cia Energetica DE Minas Gerais - Cemig's EBIT per Share for the fiscal year that ended in Dec. 2022 is calculated as

	EBIT per Share		(A: Dec. 2022 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	1256.339	/	2200.000
=	0.57

Cia Energetica DE Minas Gerais - Cemig's EBIT per Share for the quarter that ended in Sep. 2023 is calculated as

	EBIT per Share		(Q: Sep. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	356.702	/	2200.525
=	0.16

EBIT per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.79

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Cia Energetica DE Minas Gerais - Cemig EBIT per Share Related Terms

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Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.