AMEREN CORPORATION (AEE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEE - US0236081024 - Common Stock
106.02 USD
+1.1 (+1.05%)
106.02 USD
0 (0%)
Taking everything into account, AEE scores 4 out of 10 in our fundamental rating. AEE was compared to 26 industry peers in the Multi-Utilities industry. AEE has an excellent profitability rating, but there are concerns on its financial health. AEE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AEE was profitable.
In the past year AEE had a positive cash flow from operations.
AEE had positive earnings in each of the past 5 years.
In the past 5 years AEE always reported a positive cash flow from operatings.
1.2 Ratios
AEE has a better Return On Assets (2.98%) than 92.31% of its industry peers.
The Return On Equity of AEE (11.04%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 3.68%, AEE is not doing good in the industry: 65.38% of the companies in the same industry are doing better.
AEE had an Average Return On Invested Capital over the past 3 years of 3.58%. This is in line with the industry average of 3.96%.
The last Return On Invested Capital (3.68%) for AEE is above the 3 year average (3.58%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.04% | ||
| ROIC | 3.68% |
ROA(3y)2.77%
ROA(5y)2.76%
ROE(3y)10.04%
ROE(5y)10.02%
ROIC(3y)3.58%
ROIC(5y)3.63%
1.3 Margins
With an excellent Profit Margin value of 15.75%, AEE belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
AEE's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 20.81%, AEE is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of AEE has remained more or less at the same level.
AEE has a Gross Margin of 96.22%. This is amongst the best in the industry. AEE outperforms 96.15% of its industry peers.
AEE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.81% | ||
| PM (TTM) | 15.75% | ||
| GM | 96.22% |
OM growth 3Y-1.56%
OM growth 5Y-1.49%
PM growth 3Y0.05%
PM growth 5Y2.05%
GM growth 3Y4.64%
GM growth 5Y2.42%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AEE is destroying value.
Compared to 1 year ago, AEE has more shares outstanding
AEE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AEE is higher compared to a year ago.
2.2 Solvency
AEE has an Altman-Z score of 0.96. This is a bad value and indicates that AEE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.96, AEE is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
AEE has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
AEE has a Debt to Equity ratio of 1.57. This is comparable to the rest of the industry: AEE outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.96 |
ROIC/WACC0.56
WACC6.55%
2.3 Liquidity
A Current Ratio of 0.93 indicates that AEE may have some problems paying its short term obligations.
AEE has a Current ratio (0.93) which is comparable to the rest of the industry.
AEE has a Quick Ratio of 0.93. This is a bad value and indicates that AEE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of AEE (0.64) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
AEE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.57%, which is quite good.
AEE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.50% yearly.
AEE shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.71%.
AEE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.22% yearly.
EPS 1Y (TTM)13.57%
EPS 3Y6.13%
EPS 5Y6.5%
EPS Q2Q%16.04%
Revenue 1Y (TTM)22.71%
Revenue growth 3Y6.04%
Revenue growth 5Y5.22%
Sales Q2Q%24.21%
3.2 Future
The Earnings Per Share is expected to grow by 8.09% on average over the next years. This is quite good.
Based on estimates for the next years, AEE will show a small growth in Revenue. The Revenue will grow by 7.52% on average per year.
EPS Next Y9.77%
EPS Next 2Y8.31%
EPS Next 3Y8.24%
EPS Next 5Y8.09%
Revenue Next Year8.23%
Revenue Next 2Y7.08%
Revenue Next 3Y6.75%
Revenue Next 5Y7.52%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.12, the valuation of AEE can be described as rather expensive.
Based on the Price/Earnings ratio, AEE is valued a bit more expensive than 73.08% of the companies in the same industry.
When comparing the Price/Earnings ratio of AEE to the average of the S&P500 Index (25.98), we can say AEE is valued inline with the index average.
With a Price/Forward Earnings ratio of 19.69, AEE is valued on the expensive side.
76.92% of the companies in the same industry are cheaper than AEE, based on the Price/Forward Earnings ratio.
AEE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 19.69 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AEE indicates a rather expensive valuation: AEE more expensive than 80.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AEE does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of AEE may justify a higher PE ratio.
PEG (NY)2.16
PEG (5Y)3.25
EPS Next 2Y8.31%
EPS Next 3Y8.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.75%, AEE has a reasonable but not impressive dividend return.
With a Dividend Yield of 2.75, AEE pays less dividend than the industry average, which is at 3.44. 88.46% of the companies listed in the same industry pay a better dividend than AEE!
AEE's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
5.2 History
The dividend of AEE is nicely growing with an annual growth rate of 6.73%!
AEE has been paying a dividend for at least 10 years, so it has a reliable track record.
As AEE did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)6.73%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
AEE pays out 53.51% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of AEE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.51%
EPS Next 2Y8.31%
EPS Next 3Y8.24%
106.02
+1.1 (+1.05%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners86.22%
Inst Owner Change11.47%
Ins Owners0.15%
Ins Owner Change-0.89%
Market Cap28.67B
Revenue(TTM)8.96B
Net Income(TTM)1.41B
Analysts76
Price Target114.18 (7.7%)
Short Float %3.26%
Short Ratio5.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
Yearly Dividend2.66
Dividend Growth(5Y)6.73%
DP53.51%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.81%
Min EPS beat(2)1.65%
Max EPS beat(2)1.97%
EPS beat(4)2
Avg EPS beat(4)-0.24%
Min EPS beat(4)-4.08%
Max EPS beat(4)1.97%
EPS beat(8)3
Avg EPS beat(8)-1.45%
EPS beat(12)7
Avg EPS beat(12)1.54%
EPS beat(16)7
Avg EPS beat(16)0.5%
Revenue beat(2)2
Avg Revenue beat(2)15.5%
Min Revenue beat(2)7.62%
Max Revenue beat(2)23.39%
Revenue beat(4)4
Avg Revenue beat(4)10.16%
Min Revenue beat(4)1.2%
Max Revenue beat(4)23.39%
Revenue beat(8)4
Avg Revenue beat(8)-1.41%
Revenue beat(12)7
Avg Revenue beat(12)5.14%
Revenue beat(16)11
Avg Revenue beat(16)7.44%
PT rev (1m)4.87%
PT rev (3m)4.92%
EPS NQ rev (1m)-4.73%
EPS NQ rev (3m)-6.96%
EPS NY rev (1m)0.11%
EPS NY rev (3m)0.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-12.51%
Revenue NY rev (1m)-2.61%
Revenue NY rev (3m)-1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.12 | ||
| Fwd PE | 19.69 | ||
| P/S | 3.2 | ||
| P/FCF | N/A | ||
| P/OCF | 8.92 | ||
| P/B | 2.24 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 13.81 |
EPS(TTM)5.02
EY4.73%
EPS(NY)5.38
Fwd EY5.08%
FCF(TTM)-4.62
FCFYN/A
OCF(TTM)11.89
OCFY11.21%
SpS33.13
BVpS47.26
TBVpS45.74
PEG (NY)2.16
PEG (5Y)3.25
Graham Number73.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.04% | ||
| ROCE | 4.18% | ||
| ROIC | 3.68% | ||
| ROICexc | 3.68% | ||
| ROICexgc | 3.72% | ||
| OM | 20.81% | ||
| PM (TTM) | 15.75% | ||
| GM | 96.22% | ||
| FCFM | N/A |
ROA(3y)2.77%
ROA(5y)2.76%
ROE(3y)10.04%
ROE(5y)10.02%
ROIC(3y)3.58%
ROIC(5y)3.63%
ROICexc(3y)3.59%
ROICexc(5y)3.64%
ROICexgc(3y)3.63%
ROICexgc(5y)3.69%
ROCE(3y)4.07%
ROCE(5y)4.13%
ROICexgc growth 3Y-3.58%
ROICexgc growth 5Y-5.47%
ROICexc growth 3Y-3.49%
ROICexc growth 5Y-5.36%
OM growth 3Y-1.56%
OM growth 5Y-1.49%
PM growth 3Y0.05%
PM growth 5Y2.05%
GM growth 3Y4.64%
GM growth 5Y2.42%
F-Score7
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.83 | ||
| Cap/Depr | 282.23% | ||
| Cap/Sales | 49.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 93.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 0.96 |
F-Score7
WACC6.55%
ROIC/WACC0.56
Cap/Depr(3y)262.59%
Cap/Depr(5y)276.16%
Cap/Sales(3y)50.2%
Cap/Sales(5y)52.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.57%
EPS 3Y6.13%
EPS 5Y6.5%
EPS Q2Q%16.04%
EPS Next Y9.77%
EPS Next 2Y8.31%
EPS Next 3Y8.24%
EPS Next 5Y8.09%
Revenue 1Y (TTM)22.71%
Revenue growth 3Y6.04%
Revenue growth 5Y5.22%
Sales Q2Q%24.21%
Revenue Next Year8.23%
Revenue Next 2Y7.08%
Revenue Next 3Y6.75%
Revenue Next 5Y7.52%
EBIT growth 1Y17.83%
EBIT growth 3Y4.38%
EBIT growth 5Y3.65%
EBIT Next Year105.58%
EBIT Next 3Y36.11%
EBIT Next 5Y22.66%
FCF growth 1Y-45.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.26%
OCF growth 3Y18.49%
OCF growth 5Y4.95%
AMEREN CORPORATION / AEE FAQ
What is the fundamental rating for AEE stock?
ChartMill assigns a fundamental rating of 4 / 10 to AEE.
Can you provide the valuation status for AMEREN CORPORATION?
ChartMill assigns a valuation rating of 1 / 10 to AMEREN CORPORATION (AEE). This can be considered as Overvalued.
Can you provide the profitability details for AMEREN CORPORATION?
AMEREN CORPORATION (AEE) has a profitability rating of 7 / 10.
Can you provide the financial health for AEE stock?
The financial health rating of AMEREN CORPORATION (AEE) is 1 / 10.
What is the earnings growth outlook for AMEREN CORPORATION?
The Earnings per Share (EPS) of AMEREN CORPORATION (AEE) is expected to grow by 9.77% in the next year.