AMEREN CORPORATION (AEE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEE - US0236081024 - Common Stock
99.2 USD
+0.67 (+0.68%)
99 USD
-0.2 (-0.2%)
We assign a fundamental rating of 4 out of 10 to AEE. 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 valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AEE had positive earnings in the past year.
In the past year AEE had a positive cash flow from operations.
In the past 5 years AEE has always been profitable.
AEE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AEE's Return On Assets of 2.98% is amongst the best of the industry. AEE outperforms 92.31% of its industry peers.
AEE's Return On Equity of 11.04% is in line compared to the rest of the industry. AEE outperforms 57.69% of its industry peers.
AEE has a Return On Invested Capital of 3.68%. This is in the lower half of the industry: AEE underperforms 65.38% of its industry peers.
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 3.94%.
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
AEE's Profit Margin of 15.75% is amongst the best of the industry. AEE outperforms 88.46% of its industry peers.
In the last couple of years the Profit Margin of AEE has grown nicely.
AEE's Operating Margin of 20.81% is in line compared to the rest of the industry. AEE outperforms 50.00% of its industry peers.
AEE's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 96.22%, AEE belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
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
AEE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AEE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AEE has more shares outstanding
AEE has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.93, we must say that AEE is in the distress zone and has some risk of bankruptcy.
AEE has a Altman-Z score of 0.93. This is in the better half of the industry: AEE outperforms 69.23% of its industry peers.
AEE has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.57, AEE is in line with its industry, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.93 |
ROIC/WACC0.56
WACC6.55%
2.3 Liquidity
AEE has a Current 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.
AEE has a Current ratio (0.93) which is comparable to the rest of the industry.
A Quick Ratio of 0.64 indicates that AEE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.64, AEE is in line with its industry, outperforming 42.31% of the companies in the same 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.
The Earnings Per Share has been growing slightly by 6.50% on average over the past years.
The Revenue has grown by 22.71% in the past year. This is a very strong growth!
Measured over the past years, AEE shows a small growth in Revenue. The Revenue has been growing by 5.22% on average per year.
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 8.12% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.82% on average over the next years.
EPS Next Y9.9%
EPS Next 2Y8.36%
EPS Next 3Y8.23%
EPS Next 5Y8.12%
Revenue Next Year9.05%
Revenue Next 2Y7.36%
Revenue Next 3Y6.99%
Revenue Next 5Y7.82%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.76, 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.
AEE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.26.
A Price/Forward Earnings ratio of 18.41 indicates a rather expensive valuation of AEE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AEE indicates a slightly more expensive valuation: AEE is more expensive than 76.92% of the companies listed in the same industry.
AEE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.76 | ||
| Fwd PE | 18.41 |
4.2 Price Multiples
AEE's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AEE is more expensive than 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.36 |
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
PEG (5Y)3.04
EPS Next 2Y8.36%
EPS Next 3Y8.23%
5. Dividend
5.1 Amount
AEE has a Yearly Dividend Yield of 2.92%. Purely for dividend investing, there may be better candidates out there.
With a Dividend Yield of 2.92, AEE pays less dividend than the industry average, which is at 3.64. 80.77% of the companies listed in the same industry pay a better dividend than AEE!
Compared to an average S&P500 Dividend Yield of 1.87, AEE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
5.2 History
On average, the dividend of AEE grows each year by 6.73%, which is quite nice.
AEE has been paying a dividend for at least 10 years, so it has a reliable track record.
AEE has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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 2Y8.36%
EPS Next 3Y8.23%
99.2
+0.67 (+0.68%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners86.01%
Inst Owner Change11.46%
Ins Owners0.16%
Ins Owner Change-0.99%
Market Cap26.83B
Revenue(TTM)8.96B
Net Income(TTM)1.41B
Analysts75
Price Target114.91 (15.84%)
Short Float %2.89%
Short Ratio4.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.92% |
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)1.16%
PT rev (3m)5.51%
EPS NQ rev (1m)-1.01%
EPS NQ rev (3m)-6.88%
EPS NY rev (1m)0.12%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.77%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)-0.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.76 | ||
| Fwd PE | 18.41 | ||
| P/S | 3 | ||
| P/FCF | N/A | ||
| P/OCF | 8.35 | ||
| P/B | 2.1 | ||
| P/tB | 2.17 | ||
| EV/EBITDA | 13.36 |
EPS(TTM)5.02
EY5.06%
EPS(NY)5.39
Fwd EY5.43%
FCF(TTM)-4.61
FCFYN/A
OCF(TTM)11.88
OCFY11.98%
SpS33.12
BVpS47.25
TBVpS45.73
PEG (NY)2
PEG (5Y)3.04
Graham Number73.05
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 | 0.93 |
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 Y9.9%
EPS Next 2Y8.36%
EPS Next 3Y8.23%
EPS Next 5Y8.12%
Revenue 1Y (TTM)22.71%
Revenue growth 3Y6.04%
Revenue growth 5Y5.22%
Sales Q2Q%24.21%
Revenue Next Year9.05%
Revenue Next 2Y7.36%
Revenue Next 3Y6.99%
Revenue Next 5Y7.82%
EBIT growth 1Y17.83%
EBIT growth 3Y4.38%
EBIT growth 5Y3.65%
EBIT Next Year104.71%
EBIT Next 3Y35.8%
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 2 / 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 9.9% in the next year.