AMEREN CORPORATION (AEE) Stock Fundamental Analysis
USA - NYSE:AEE - US0236081024 - Common Stock
100.79 USD
+0.48 (+0.48%)
100.79 USD
0 (0%)
AEE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 25 industry peers in the Multi-Utilities industry. There are concerns on the financial health of AEE while its profitability can be described as average. AEE is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AEE was profitable.
AEE had a positive operating cash flow in the past year.
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's Return On Assets of 2.63% is on the low side compared to the rest of the industry. AEE is outperformed by 64.00% of its industry peers.
AEE has a Return On Equity of 9.96%. This is comparable to the rest of the industry: AEE outperforms 60.00% of its industry peers.
AEE has a worse Return On Invested Capital (3.27%) than 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AEE is in line with the industry average of 3.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.63% | ||
| ROE | 9.96% | ||
| ROIC | 3.27% |
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 14.55% is fine compared to the rest of the industry. AEE outperforms 72.00% of its industry peers.
AEE's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 19.27%, AEE is not doing good in the industry: 68.00% of the companies in the same industry are doing better.
AEE's Operating Margin has been stable in the last couple of years.
AEE's Gross Margin of 95.92% is amongst the best of the industry. AEE outperforms 96.00% of its industry peers.
In the last couple of years the Gross Margin of AEE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.27% | ||
| PM (TTM) | 14.55% | ||
| GM | 95.92% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AEE is destroying value.
Compared to 1 year ago, AEE has more shares outstanding
Compared to 5 years ago, AEE has more shares outstanding
The debt/assets ratio for AEE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.90, we must say that AEE is in the distress zone and has some risk of bankruptcy.
AEE has a better Altman-Z score (0.90) than 68.00% of its industry peers.
A Debt/Equity ratio of 1.62 is on the high side and indicates that AEE has dependencies on debt financing.
AEE has a Debt to Equity ratio (1.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.9 |
ROIC/WACC0.5
WACC6.51%
2.3 Liquidity
AEE has a Current Ratio of 0.80. 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's Current ratio of 0.80 is on the low side compared to the rest of the industry. AEE is outperformed by 60.00% of its industry peers.
A Quick Ratio of 0.56 indicates that AEE may have some problems paying its short term obligations.
AEE has a worse Quick ratio (0.56) than 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.79% over the past year.
The Earnings Per Share has been growing slightly by 6.50% on average over the past years.
The Revenue has grown by 17.32% in the past year. This is quite good.
AEE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.22% yearly.
EPS 1Y (TTM)6.79%
EPS 3Y6.13%
EPS 5Y6.5%
EPS Q2Q%4.12%
Revenue 1Y (TTM)17.32%
Revenue growth 3Y6.04%
Revenue growth 5Y5.22%
Sales Q2Q%31.19%
3.2 Future
AEE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.12% yearly.
The Revenue is expected to grow by 7.29% on average over the next years.
EPS Next Y9.43%
EPS Next 2Y8.27%
EPS Next 3Y8.18%
EPS Next 5Y8.12%
Revenue Next Year9.96%
Revenue Next 2Y8.03%
Revenue Next 3Y7.42%
Revenue Next 5Y7.29%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 21.35, the valuation of AEE can be described as rather expensive.
Based on the Price/Earnings ratio, AEE is valued more expensive than 80.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. AEE is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 18.73 indicates a rather expensive valuation of AEE.
Based on the Price/Forward Earnings ratio, AEE is valued a bit more expensive than the industry average as 76.00% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of AEE to the average of the S&P500 Index (22.73), we can say AEE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.35 | ||
| Fwd PE | 18.73 |
4.2 Price Multiples
AEE's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AEE is more expensive than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.48 |
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.
PEG (NY)2.26
PEG (5Y)3.28
EPS Next 2Y8.27%
EPS Next 3Y8.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.83%, AEE has a reasonable but not impressive dividend return.
With a Dividend Yield of 2.83, AEE pays less dividend than the industry average, which is at 3.64. 88.00% 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 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
5.2 History
The dividend of AEE is nicely growing with an annual growth rate of 6.73%!
AEE has paid a dividend for at least 10 years, which is 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 60.47% of its income as dividend. This is not a sustainable payout ratio.
The dividend of AEE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP60.47%
EPS Next 2Y8.27%
EPS Next 3Y8.18%
100.79
+0.48 (+0.48%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners82.24%
Inst Owner Change-8.32%
Ins Owners0.15%
Ins Owner Change-0.8%
Market Cap27.25B
Analysts76.84
Price Target108.91 (8.06%)
Short Float %3.56%
Short Ratio6.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
Yearly Dividend2.66
Dividend Growth(5Y)6.73%
DP60.47%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.58%
Min EPS beat(2)-0.49%
Max EPS beat(2)1.65%
EPS beat(4)1
Avg EPS beat(4)-1.44%
Min EPS beat(4)-4.08%
Max EPS beat(4)1.65%
EPS beat(8)3
Avg EPS beat(8)-1.47%
EPS beat(12)6
Avg EPS beat(12)1.31%
EPS beat(16)7
Avg EPS beat(16)0.47%
Revenue beat(2)2
Avg Revenue beat(2)15.91%
Min Revenue beat(2)8.43%
Max Revenue beat(2)23.39%
Revenue beat(4)3
Avg Revenue beat(4)8.03%
Min Revenue beat(4)-0.91%
Max Revenue beat(4)23.39%
Revenue beat(8)3
Avg Revenue beat(8)-3.72%
Revenue beat(12)7
Avg Revenue beat(12)6.24%
Revenue beat(16)11
Avg Revenue beat(16)7.07%
PT rev (1m)0.86%
PT rev (3m)3.16%
EPS NQ rev (1m)0.41%
EPS NQ rev (3m)-1.13%
EPS NY rev (1m)0.49%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)5.98%
Revenue NY rev (1m)2.13%
Revenue NY rev (3m)2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.35 | ||
| Fwd PE | 18.73 | ||
| P/S | 3.23 | ||
| P/FCF | N/A | ||
| P/OCF | 9.06 | ||
| P/B | 2.21 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 14.48 |
EPS(TTM)4.72
EY4.68%
EPS(NY)5.38
Fwd EY5.34%
FCF(TTM)-6
FCFYN/A
OCF(TTM)11.12
OCFY11.03%
SpS31.18
BVpS45.54
TBVpS44.02
PEG (NY)2.26
PEG (5Y)3.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.63% | ||
| ROE | 9.96% | ||
| ROCE | 3.73% | ||
| ROIC | 3.27% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.3% | ||
| OM | 19.27% | ||
| PM (TTM) | 14.55% | ||
| GM | 95.92% | ||
| 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%
ROICexcg growth 3Y-3.58%
ROICexcg 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-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.27 | ||
| Cap/Depr | 297.37% | ||
| Cap/Sales | 54.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.9 |
F-Score6
WACC6.51%
ROIC/WACC0.5
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)6.79%
EPS 3Y6.13%
EPS 5Y6.5%
EPS Q2Q%4.12%
EPS Next Y9.43%
EPS Next 2Y8.27%
EPS Next 3Y8.18%
EPS Next 5Y8.12%
Revenue 1Y (TTM)17.32%
Revenue growth 3Y6.04%
Revenue growth 5Y5.22%
Sales Q2Q%31.19%
Revenue Next Year9.96%
Revenue Next 2Y8.03%
Revenue Next 3Y7.42%
Revenue Next 5Y7.29%
EBIT growth 1Y0.93%
EBIT growth 3Y4.38%
EBIT growth 5Y3.65%
EBIT Next Year103.12%
EBIT Next 3Y35.13%
EBIT Next 5Y24.53%
FCF growth 1Y-36.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y20.18%
OCF growth 3Y18.49%
OCF growth 5Y4.95%