Companhia Energetica De Stock Beta
| CIG Stock | USD 2.01 0.02 1.01% |
Companhia Energetica de fundamentals help investors to digest information that contributes to Companhia Energetica's financial success or failures. It also enables traders to predict the movement of Companhia Stock. The fundamental analysis module provides a way to measure Companhia Energetica'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 Companhia Energetica stock.
Companhia | Beta |
Companhia Energetica de Company Beta Analysis
Companhia Energetica's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Companhia Energetica Beta | 0.82 |
Most of Companhia Energetica's fundamental indicators, such as Beta, 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, Companhia Energetica de is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companhia Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Companhia Energetica is extremely important. It helps to project a fair market value of Companhia Stock properly, considering its historical fundamentals such as Beta. Since Companhia Energetica'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 Companhia Energetica'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 Companhia Energetica's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Companhia Energetica de has a Beta of 0.822. This is 82.67% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.
Companhia Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Companhia Energetica's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Companhia Energetica could also be used in its relative valuation, which is a method of valuing Companhia Energetica by comparing valuation metrics of similar companies.Companhia Energetica is currently under evaluation in beta category among its peers.
Companhia Energetica Current Valuation Drivers
We derive many important indicators used in calculating different scores of Companhia Energetica from analyzing Companhia Energetica's financial statements. These drivers represent accounts that assess Companhia Energetica's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Companhia Energetica's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.1B | 17.0B | 17.1B | 18.9B | 24.9B | 23.7B | |
| Enterprise Value | 30.6B | 30.6B | 27.9B | 28.4B | 33.7B | 32.0B |
Companhia Energetica Institutional Holders
Institutional Holdings refers to the ownership stake in Companhia Energetica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Companhia Energetica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Companhia Energetica's value.| Shares | Crossmark Global Holdings, Inc. | 2024-09-30 | 4.1 M | Spx Gestao De Recursos Ltda | 2024-06-30 | 3.3 M | Citigroup Inc | 2024-09-30 | 3.2 M | Bank Of America Corp | 2024-06-30 | 2.5 M | American Century Companies Inc | 2024-09-30 | 2.3 M | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 2.2 M | Manufacturers Life Insurance Co | 2024-09-30 | 2.1 M | Sei Investments Co | 2024-06-30 | 2.1 M | Aqr Capital Management Llc | 2024-06-30 | 2 M | Blackrock Inc | 2024-06-30 | 20.1 M | Polunin Capital Partners Ltd | 2024-09-30 | 16.7 M |
As returns on the market increase, Companhia Energetica's returns are expected to increase less than the market. However, during the bear market, the loss of holding Companhia Energetica is expected to be smaller as well.
Companhia Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.0838 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 7.66 B | ||||
| Shares Outstanding | 1.9 B | ||||
| Shares Owned By Institutions | 9.42 % | ||||
| Number Of Shares Shorted | 4.07 M | ||||
| Price To Earning | 5.91 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 0.17 X | ||||
| Revenue | 36.85 B | ||||
| Gross Profit | 5.26 B | ||||
| EBITDA | 8.88 B | ||||
| Net Income | 5.76 B | ||||
| Cash And Equivalents | 1.35 B | ||||
| Cash Per Share | 1.65 X | ||||
| Total Debt | 10.26 B | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 1.25 X | ||||
| Book Value Per Share | 8.62 X | ||||
| Cash Flow From Operations | 6.64 B | ||||
| Short Ratio | 2.31 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Target Price | 2.1 | ||||
| Number Of Employees | 4.92 K | ||||
| Beta | 0.82 | ||||
| Market Capitalization | 6.28 B | ||||
| Total Asset | 55 B | ||||
| Retained Earnings | 13.04 B | ||||
| Working Capital | (1.22 B) | ||||
| Current Asset | 8.62 B | ||||
| Current Liabilities | 11.79 B | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 6.24 % | ||||
| Net Asset | 55 B |
About Companhia Energetica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Companhia Energetica de's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Companhia Energetica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Companhia Energetica de 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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When determining whether Companhia Energetica is a strong investment it is important to analyze Companhia Energetica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Energetica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:Check out Companhia Energetica Piotroski F Score and Companhia Energetica Altman Z Score analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Energetica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Energetica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.356 | Earnings Share 0.36 | Revenue Per Share 13.241 | Quarterly Revenue Growth 0.07 | Return On Assets 0.0838 |
The market value of Companhia Energetica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Energetica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Energetica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Energetica's market value can be influenced by many factors that don't directly affect Companhia Energetica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Energetica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Energetica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Energetica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.