The tenets below and the 0-100 Tenet Score on this report are two separate computations: each tenet runs its own criteria and its own pass rule, while the score is a percentile composite reported as one of four verdict words (Strong, Solid, Mixed or Weak).
3 / 17 qualify todayas of Oct 27, 2026 · computed nightly from our fundamentals DB; point-in-time auditable.
✕FailsCurrent ratio ≥ 2(fiscal 2025: files no quarterly statements)1.59 · ≥ 2.00
✓PassesPositive EPS 10yWe hold no record of earnings per share for fiscal 2016, so that year is judged on the sign of net income to common shareholders.10y
✓PassesPays a dividend$0.19 · > 0
✕FailsEPS growth ≥ 3%/yr(fiscal 2020 to 2025)−14.4% per year · ≥ 3.0%
Decided by the pass rule for Income & Dividend Safety.
The pass rule for Income & Dividend Safety is what decides that verdict, and it is not published separately on the methodology page. 2 of 8 carry no data.
Dividend Growthraises you can count on
✕ Fails›
✓PassesPays a dividend$0.19 · > 0
✕FailsAnnual dividend raised 10+ years running (Aristocrat ≥25, King ≥50)2.00 · ≥ 10.00
✕FailsNo dividend cut in the last 5 yearsLast cut 2023
✓PassesOff its 52-week high by 8–35% (a dip, not a collapse)22.4% · 8.0%–35.0%
✕FailsDip within its own normal pullback band0.19
✓PassesNot past where its dips have historically recovered from1.03
✕FailsA dip in an uptrend (above a rising 200-day)3.13
✕FailsHigher-low structure still intactstructure broken · higher low
—Unknown — no dataClear of the earnings blackout (more than 5 days out)— · > 5.00
Decided by the pass rule for Drawdown Context.
The pass rule for Drawdown Context is what decides that verdict, and it is not published separately on the methodology page. 1 of 6 carry no data.
Reversal Evidencedaily close onlysigns the pullback is turning
✕ Fails›
✕FailsA bullish MACD cross within 10 sessions13.00 · ≤ 10.00
✕FailsReclaimed a rising 50-day EMA3.30
✓PassesPrinted a higher lowyes
✕FailsA volume thrust on the turn (≥ 1.2× normal)1.02 · ≥ 1.20
✕FailsReversal signals fired: 3 of 4 (MACD·MA·HL·Vol)1.00 · ≥ 3.00
Decided by the pass rule for Reversal Evidence.
The pass rule for Reversal Evidence is what decides that verdict, and it is not published separately on the methodology page.
Not-a-Value-Trap Gatecheap for a good reason, not a broken one
✓ Qualifies›
—Unknown — no dataIn the cheap half of its own 5-year valuation range—
✓PassesEarnings estimates not being cut0.07
✓PassesReturns on capital not deteriorating0.19
Decided by the pass rule for Not-a-Value-Trap Gate.
The pass rule for Not-a-Value-Trap Gate is what decides that verdict, and it is not published separately on the methodology page. 1 of 3 carry no data.
Quality Floorpasses the quality/value gate on this dip
~ Borderline›
✓PassesOperating profit is positive(fiscal 2025: files no quarterly statements)$1.4B · > 0
✓PassesReturn on invested capital ≥ 10%(fiscal 2025: files no quarterly statements)19.1% · ≥ 10.0%
✕FailsA solvent balance sheet (Altman Z ≥ 1.8, net debt/EBITDA ≤ 4)(fiscal 2025: files no quarterly statements)1.5×
✕FailsQuality score ≥ 5047.60 · ≥ 50.00
✓PassesRevenue growing over 5 years(fiscal 2020 to 2025)8.0% per year · > 0
Decided by the pass rule for Quality Floor.
The pass rule for Quality Floor is what decides that verdict, and it is not published separately on the methodology page.
Qualified Dipa pullback with receipts, not a falling knife
~ Borderline›
A research signal from published criteria, not a recommendation.
✕FailsDrawdown context22.4% off its 52-week high
✕FailsReversal evidence1 of 4 signals fired
✓PassesTrap gate2 of 3 held · 1 no data
✕FailsQuality floor3 of 5 held
Invalidation level (structure break): below this the dip's structure has broken$3.15
✓Passes50-day average above the 200-day (uptrend stack)3.22
✓Passes50-day average sloping up0.03 · > 0
Decided by the pass rule for Trend Alignment.
The pass rule for Trend Alignment is what decides that verdict, and it is not published separately on the methodology page.
Relative Strengthoutperforming, ranked vs the universe
✓ Qualifies›
✓Passes3-month return in the top half of the universe0.55 · ≥ 0.50
✓Passes12-minus-1 momentum in the top half of the universe0.71 · ≥ 0.50
✓PassesRelative strength vs the S&P 500 improving0.00 · > 0
✓PassesEarnings estimates being revised up0.07
Decided by the pass rule for Relative Strength.
The pass rule for Relative Strength is what decides that verdict, and it is not published separately on the methodology page.
Momentum Triggera trigger you can see
✕ Fails›
✕FailsMACD above its signal line0.04
✕FailsBack above the 50-day on a fresh cross (≤10 sessions)13.00
✓PassesHigher high and higher low (stair-stepping up)higher high · higher low
✕FailsA volume thrust on the move (≥ 1.2× normal)1.02 · ≥ 1.20
Decided by the pass rule for Momentum Trigger.
The pass rule for Momentum Trigger is what decides that verdict, and it is not published separately on the methodology page.
Volatility Regimecontext, not a signal
Context, not scored›
Average daily swing: high0.05
Volatility band width: expanded (wide range)0.82
Distance from its 52-week high: mid-range0.22
✓
Every verdict is auditableEach criterion shows the live number and the pass rule side by side — a receipt, not a rating. Several of these screens publish their rule in full under The screens; each row links to its own section where there is one.
!
Unknown ≠ failAn “— Unknown” verdict means the inputs were insufficient: context, not a signal, and never counted as a fail.
Common questions
How many investing rule sets does Cia Energetica De Minas Gerais pass?
Cia Energetica De Minas Gerais qualifies on 3 of 17 rule sets as of 2026-10-27, with 5 borderline and 8 failing.
Does Cia Energetica De Minas Gerais meet the Graham Defensive criteria?
Cia Energetica De Minas Gerais is borderline on the Graham Defensive rule set as of 2026-10-27.
Does Cia Energetica De Minas Gerais meet the Buffett Quality criteria?
Cia Energetica De Minas Gerais fails the Buffett Quality rule set as of 2026-10-27.
Computed from our fundamentals DB; historical-CAGR PEG basis for Lynch. Research, not investment advice. Tenet's rulesets are independently developed from publicly available sources, and Tenet is not affiliated with, sponsored by, endorsed by or otherwise associated with any referenced investor or trademark owner. Full notice. MAGIC FORMULA is a trademark of MagicFormulaInvesting.com LLC.