Energy Of Minas Stock Market Capitalization

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
Market Cap24.9 B23.7 B
  
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Energy of Minas Company Market Capitalization Analysis

Energy Of's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

 = 

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current Energy Of Market Capitalization

    
  6.28 B  
Most of Energy Of's fundamental indicators, such as Market Capitalization, 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 Market Capitalization 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 Market Capitalization. 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.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Energy Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.28

At present, Energy Of's Long Term Debt To Capitalization is projected to increase slightly based on the last few years of reporting.
Based on the recorded statements, the market capitalization of Energy of Minas is about 6.28 B. This indicator is about the same for the Electric Utilities average (which is currently at 6.18 B) sector and significantly higher than that of the Utilities industry. The market capitalization for all United States stocks is 67.02% higher than that of the company.

Energy Market Capitalization 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 Market Capitalization 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 market capitalization 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.