AES CORP/THE - AES 6 7/8 02/15/24 (AESC) Stock Fundamental Analysis
USA - NYSE:AESC - US00130H2040
62.61 USD
+0.66 (+1.07%)
AESC gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. AESC has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, AESC is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AESC was profitable.
In the past year AESC had a positive cash flow from operations.
In multiple years AESC reported negative net income over the last 5 years.
Each year in the past 5 years AESC had a positive operating cash flow.
1.2 Ratios
AESC has a worse Return On Assets (-1.30%) than 76.19% of its industry peers.
AESC has a Return On Equity of -20.15%. This is amonst the worse of the industry: AESC underperforms 80.95% of its industry peers.
AESC's Return On Invested Capital of 5.43% is fine compared to the rest of the industry. AESC outperforms 76.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AESC is above the industry average of 4.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.3% | ||
| ROE | -20.15% | ||
| ROIC | 5.43% |
ROA(3y)-0.84%
ROA(5y)0.41%
ROE(3y)-11.76%
ROE(5y)2.47%
ROIC(3y)6.99%
ROIC(5y)6.74%
1.3 Margins
AESC has a Operating Margin of 18.49%. This is comparable to the rest of the industry: AESC outperforms 47.62% of its industry peers.
In the last couple of years the Operating Margin of AESC has declined.
AESC's Gross Margin of 20.16% is on the low side compared to the rest of the industry. AESC is outperformed by 76.19% of its industry peers.
In the last couple of years the Gross Margin of AESC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.49% | ||
| PM (TTM) | N/A | ||
| GM | 20.16% |
OM growth 3Y-4.04%
OM growth 5Y-3.04%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.32%
GM growth 5Y-2.9%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AESC is destroying value.
AESC has more shares outstanding than it did 1 year ago.
The debt/assets ratio for AESC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.02, we must say that AESC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AESC (1.02) is better than 76.19% of its industry peers.
A Debt/Equity ratio of 8.50 is on the high side and indicates that AESC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 8.50, AESC is doing worse than 95.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.02 |
ROIC/WACC0.76
WACC7.13%
2.3 Liquidity
A Current Ratio of 0.83 indicates that AESC may have some problems paying its short term obligations.
AESC's Current ratio of 0.83 is on the low side compared to the rest of the industry. AESC is outperformed by 80.95% of its industry peers.
AESC has a Quick Ratio of 0.83. This is a bad value and indicates that AESC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.74, AESC is doing worse than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for AESC have decreased by -6.75% in the last year.
Measured over the past years, AESC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.91% on average per year.
Looking at the last year, AESC shows a small growth in Revenue. The Revenue has grown by 3.51% in the last year.
AESC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.68% yearly.
EPS 1Y (TTM)-6.75%
EPS 3Y6.82%
EPS 5Y8.91%
EPS Q2Q%-4.76%
Revenue 1Y (TTM)3.51%
Revenue growth 3Y7.38%
Revenue growth 5Y3.68%
Sales Q2Q%-5.32%
3.2 Future
The Earnings Per Share is expected to grow by 6.92% on average over the next years.
AESC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.31% yearly.
EPS Next Y4.32%
EPS Next 2Y7.13%
EPS Next 3Y7.74%
EPS Next 5Y6.92%
Revenue Next Year4.09%
Revenue Next 2Y3.16%
Revenue Next 3Y3.17%
Revenue Next 5Y5.31%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 41.19, AESC can be considered very expensive at the moment.
AESC's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of AESC to the average of the S&P500 Index (26.06), we can say AESC is valued expensively.
With a Price/Forward Earnings ratio of 32.67, AESC can be considered very expensive at the moment.
61.90% of the companies in the same industry are more expensive than AESC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 32.73. AESC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.19 | ||
| Fwd PE | 32.67 |
4.2 Price Multiples
61.90% of the companies in the same industry are cheaper than AESC, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)9.54
PEG (5Y)4.62
EPS Next 2Y7.13%
EPS Next 3Y7.74%
5. Dividend
5.1 Amount
AESC has a Yearly Dividend Yield of 4.31%, which is a nice return.
AESC's Dividend Yield is a higher than the industry average which is at 4.31.
AESC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
5.2 History
The dividend of AESC has a limited annual growth rate of 5.62%.
AESC has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)5.62%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
The earnings of AESC are negative and hence is the payout ratio. AESC will probably not be able to sustain this dividend level.
The dividend of AESC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-78.39%
EPS Next 2Y7.13%
EPS Next 3Y7.74%
AES CORP/THE - AES 6 7/8 02/15/24
NYSE:AESC (2/14/2024, 8:25:21 PM)
62.61
+0.66 (+1.07%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap41.93B
Revenue(TTM)12.76B
Net Income(TTM)-560.00M
Analysts77.78
Price Target88.34 (41.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Yearly Dividend0.63
Dividend Growth(5Y)5.62%
DP-78.39%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.74%
Min EPS beat(2)-4.4%
Max EPS beat(2)9.88%
EPS beat(4)2
Avg EPS beat(4)1.48%
Min EPS beat(4)-4.4%
Max EPS beat(4)9.88%
EPS beat(8)5
Avg EPS beat(8)1.05%
EPS beat(12)8
Avg EPS beat(12)2.47%
EPS beat(16)10
Avg EPS beat(16)2.33%
Revenue beat(2)0
Avg Revenue beat(2)-3.63%
Min Revenue beat(2)-4.72%
Max Revenue beat(2)-2.54%
Revenue beat(4)2
Avg Revenue beat(4)1.75%
Min Revenue beat(4)-4.72%
Max Revenue beat(4)12.94%
Revenue beat(8)5
Avg Revenue beat(8)7.43%
Revenue beat(12)8
Avg Revenue beat(12)7.79%
Revenue beat(16)8
Avg Revenue beat(16)3.05%
PT rev (1m)0%
PT rev (3m)-0.19%
EPS NQ rev (1m)6.18%
EPS NQ rev (3m)14.87%
EPS NY rev (1m)0%
EPS NY rev (3m)3.37%
Revenue NQ rev (1m)-4.43%
Revenue NQ rev (3m)3.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.19 | ||
| Fwd PE | 32.67 | ||
| P/S | 3.29 | ||
| P/FCF | N/A | ||
| P/OCF | 12.08 | ||
| P/B | 15.09 | ||
| P/tB | 330.12 | ||
| EV/EBITDA | 19.28 |
EPS(TTM)1.52
EY2.43%
EPS(NY)1.92
Fwd EY3.06%
FCF(TTM)-5.47
FCFYN/A
OCF(TTM)5.18
OCFY8.28%
SpS19.06
BVpS4.15
TBVpS0.19
PEG (NY)9.54
PEG (5Y)4.62
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.3% | ||
| ROE | -20.15% | ||
| ROCE | 6.87% | ||
| ROIC | 5.43% | ||
| ROICexc | 5.82% | ||
| ROICexgc | 6.34% | ||
| OM | 18.49% | ||
| PM (TTM) | N/A | ||
| GM | 20.16% | ||
| FCFM | N/A |
ROA(3y)-0.84%
ROA(5y)0.41%
ROE(3y)-11.76%
ROE(5y)2.47%
ROIC(3y)6.99%
ROIC(5y)6.74%
ROICexc(3y)7.37%
ROICexc(5y)7.1%
ROICexgc(3y)8.02%
ROICexgc(5y)7.65%
ROCE(3y)8.85%
ROCE(5y)8.53%
ROICexgc growth 3Y0.53%
ROICexgc growth 5Y-3.1%
ROICexc growth 3Y-0.1%
ROICexc growth 5Y-2.37%
OM growth 3Y-4.04%
OM growth 5Y-3.04%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.32%
GM growth 5Y-2.9%
F-Score2
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.85 | ||
| Cap/Depr | 655.19% | ||
| Cap/Sales | 55.92% | ||
| Interest Coverage | 2.34 | ||
| Cash Conversion | 100.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.02 |
F-Score2
WACC7.13%
ROIC/WACC0.76
Cap/Depr(3y)270.16%
Cap/Depr(5y)250.42%
Cap/Sales(3y)24.91%
Cap/Sales(5y)23.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.75%
EPS 3Y6.82%
EPS 5Y8.91%
EPS Q2Q%-4.76%
EPS Next Y4.32%
EPS Next 2Y7.13%
EPS Next 3Y7.74%
EPS Next 5Y6.92%
Revenue 1Y (TTM)3.51%
Revenue growth 3Y7.38%
Revenue growth 5Y3.68%
Sales Q2Q%-5.32%
Revenue Next Year4.09%
Revenue Next 2Y3.16%
Revenue Next 3Y3.17%
Revenue Next 5Y5.31%
EBIT growth 1Y-12.17%
EBIT growth 3Y3.04%
EBIT growth 5Y0.53%
EBIT Next Year37.91%
EBIT Next 3Y17.17%
EBIT Next 5Y13.77%
FCF growth 1Y-5211.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y74.37%
OCF growth 3Y4.56%
OCF growth 5Y2.87%
AES CORP/THE - AES 6 7/8 02/15/24 / AESC FAQ
Can you provide the ChartMill fundamental rating for AES CORP/THE - AES 6 7/8 02/15/24?
ChartMill assigns a fundamental rating of 2 / 10 to AESC.
What is the valuation status of AES CORP/THE - AES 6 7/8 02/15/24 (AESC) stock?
ChartMill assigns a valuation rating of 1 / 10 to AES CORP/THE - AES 6 7/8 02/15/24 (AESC). This can be considered as Overvalued.
What is the profitability of AESC stock?
AES CORP/THE - AES 6 7/8 02/15/24 (AESC) has a profitability rating of 3 / 10.
What is the financial health of AES CORP/THE - AES 6 7/8 02/15/24 (AESC) stock?
The financial health rating of AES CORP/THE - AES 6 7/8 02/15/24 (AESC) is 0 / 10.
What is the expected EPS growth for AES CORP/THE - AES 6 7/8 02/15/24 (AESC) stock?
The Earnings per Share (EPS) of AES CORP/THE - AES 6 7/8 02/15/24 (AESC) is expected to grow by 4.32% in the next year.