Energy Of Minas Stock Cash Per Share

CIG-C Stock  USD 2.49  0.04  1.63%   
Energy of Minas fundamentals help investors to digest information that contributes to Energy Of's financial success or failures. It also enables traders to predict the movement of Energy Stock. The fundamental analysis module provides a way to measure Energy Of's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Energy Of stock.
Last ReportedProjected for Next Year
Cash Per Share 1.09  1.04 
As of November 26, 2024, Cash Per Share is expected to decline to 1.04.
  
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Energy of Minas Company Cash Per Share Analysis

Energy Of's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Energy Of Cash Per Share

    
  1.08 X  
Most of Energy Of's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Energy of Minas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Energy Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Energy Of is extremely important. It helps to project a fair market value of Energy Stock properly, considering its historical fundamentals such as Cash Per Share. Since Energy Of's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Energy Of's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Energy Of's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Energy Common Stock Shares Outstanding

Common Stock Shares Outstanding

1.87 Billion

At present, Energy Of's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Energy of Minas has a Cash Per Share of 1.08 times. This is 47.06% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The cash per share for all United States stocks is 78.44% higher than that of the company.

Energy Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Energy Of's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Energy Of could also be used in its relative valuation, which is a method of valuing Energy Of by comparing valuation metrics of similar companies.
Energy Of is currently under evaluation in cash per share category among its peers.

Energy Of Current Valuation Drivers

We derive many important indicators used in calculating different scores of Energy Of from analyzing Energy Of's financial statements. These drivers represent accounts that assess Energy Of's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Energy Of's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap16.1B17.0B17.1B18.9B24.9B23.7B
Enterprise Value30.6B30.6B27.9B28.4B33.7B32.0B

Energy Fundamentals

About Energy Of Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Energy of Minas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Of using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy of Minas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Energy Stock

Energy Of financial ratios help investors to determine whether Energy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Energy with respect to the benefits of owning Energy Of security.