On the stock market since 1996, it operates in electricity, water and gas. It has 5,320 employees. Now — the numbers.
This is an established company with proven profits.
Revenue is spread across several lines; no single product carries the company.
Average growth of 6% a year over the last 4 years. Every year shown ended in profit.
The gap is $17.2B. In times of high interest rates, a gap like that can squeeze a company.
The stock trades 22% below its peak. The market has trimmed its expectations for the company.
It pays out $0.16 per share each year — regular cash for whoever holds the stock.
As the slice kept from each sale thins out, so does the profit.
On our five-subject report card, CIG sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: CIG is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.