Head to Head Analysis: Emera (OTCMKTS:EMRAF) vs. Comp En De Mn Cemig ADS (NYSE:CIG)

Emera (OTCMKTS:EMRAF) and Comp En De Mn Cemig ADS (NYSE:CIG) are both utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, dividends, valuation, earnings and risk.

Analyst Ratings

This is a summary of recent ratings for Emera and Comp En De Mn Cemig ADS, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Emera	0	0	0	0	0.00
Comp En De Mn Cemig ADS	0	1	0	0	2.00

Earnings & Valuation

This table compares Emera and Comp En De Mn Cemig ADS”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Emera	N/A	N/A	N/A	$1.97	23.11
Comp En De Mn Cemig ADS	$7.66 billion	0.72	$877.05 million	$0.19	10.18

Comp En De Mn Cemig ADS has higher revenue and earnings than Emera. Comp En De Mn Cemig ADS is trading at a lower price-to-earnings ratio than Emera, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Emera and Comp En De Mn Cemig ADS’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Emera	N/A	N/A	N/A
Comp En De Mn Cemig ADS	11.12%	17.63%	7.75%

Insider & Institutional Ownership

23.7% of Emera shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Dividends

Emera pays an annual dividend of $1.45 per share and has a dividend yield of 3.2%. Comp En De Mn Cemig ADS pays an annual dividend of $0.22 per share and has a dividend yield of 11.4%. Emera pays out 73.8% of its earnings in the form of a dividend. Comp En De Mn Cemig ADS pays out 115.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Comp En De Mn Cemig ADS beats Emera on 6 of the 10 factors compared between the two stocks.

About Emera

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company’s electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

About Comp En De Mn Cemig ADS

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil. The company generates electricity through renewable energy sources, such as water, wind, sun, and biomass; or non-renewable sources, including fossil and nuclear fuels. As of December 31, 2016, it operated hydroelectric plants, thermoelectric plants, and solar plants with a total installed capacity of approximately 8,000 megawatts in 10 states of Brazil. It is also involved in the telecommunications and energy solutions consulting businesses; exploitation of natural gas; sale and trading of electricity; and acquisition, transport, and distribution of gas and its subproducts and derivatives, as well as provision of technology systems and systems for operational management of public service concessions, including companies operating in electricity, gas, water and sewerage, and other utility companies. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.