Companhia Energética de Minas Gerais (CIG-C) Return on Invested Capital (ROIC)

Price: $2.51
Market Cap: $6.02B
Avg Volume: 3.73K
Country: BR
Industry: Diversified Utilities
Sector: Utilities
Beta: 0.548
52W Range: $2.13-2.8099
Website: Companhia Energética de Minas Gerais

Return on Invested Capital (ROIC) Summary

Companhia Energética de Minas Gerais's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 8.33%
  • Quarterly: -14.83%
  • TTM: -5.18%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Companhia Energética de Minas Gerais's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 26.00%
    • Quarterly: 3.64%
    • TTM: 26.48%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 11.92%
    • Quarterly: 1.67%
    • TTM: 11.92%

These metrics provide insights into Companhia Energética de Minas Gerais's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

8.33%

Quarterly ROIC

-14.83%

TTM ROIC

-5.18%

Companhia Energética de Minas Gerais Historical ROIC

14.94%14.94%13.45%13.45%11.96%11.96%10.46%10.46%8.97%8.97%7.47%7.47%5.98%5.98%4.48%4.48%2.99%2.99%1.49%1.49%0.00%0.00%ROIC8.33%11.10%12.99%12.95%7.63%4.39%5.19%4.47%4.63%10.13%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROE

29.90%29.90%26.91%26.91%23.92%23.92%20.93%20.93%17.94%17.94%14.95%14.95%11.96%11.96%8.97%8.97%5.98%5.98%2.99%2.99%0.00%0.00%ROE26.00%25.29%18.79%19.28%16.39%19.84%11.66%6.99%2.59%19.02%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROA

13.70%13.70%12.33%12.33%10.96%10.96%9.59%9.59%8.22%8.22%6.85%6.85%5.48%5.48%4.11%4.11%2.74%2.74%1.37%1.37%0.00%0.00%ROA11.92%10.48%7.62%7.21%5.30%6.32%2.84%2.37%0.80%6.04%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Companhia Energética de Minas Gerais Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 8.33% 26.00% 11.92%
2023 11.10% 25.29% 10.48%
2022 12.99% 18.79% 7.62%
2021 12.95% 19.28% 7.21%
2020 7.63% 16.39% 5.30%
2019 4.39% 19.84% 6.32%
2018 5.19% 11.66% 2.84%
2017 4.47% 6.99% 2.37%
2016 4.63% 2.59% 0.80%
2015 10.13% 19.02% 6.04%

Related Metrics

Explore detailed financial metrics and analysis for CIG-C.

Financial Analysis
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Returns & Ratios
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Balance Sheet
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