AMEREN CORPORATION (AEE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AEE - US0236081024 - Common Stock
100.61 USD
+1.01 (+1.01%)
100.455 USD
-0.16 (-0.15%)
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. While AEE belongs to the best of the industry regarding profitability, 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.
Each year in the past 5 years AEE had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 2.98%, AEE belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
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.
Measured over the past 3 years, the Average Return On Invested Capital for AEE is in line with the industry average of 3.94%.
The 3 year average ROIC (3.58%) for AEE is below the current ROIC(3.68%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 15.75%, AEE belongs to the top of the industry, outperforming 88.46% of the companies in the same industry.
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.
With an excellent Gross Margin value of 96.22%, AEE belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
In the last couple of years the Gross Margin of AEE has grown nicely.
| 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.
The number of shares outstanding for AEE has been increased compared to 1 year ago.
The number of shares outstanding for AEE has been increased compared to 5 years ago.
Compared to 1 year ago, AEE has a worse debt to assets ratio.
2.2 Solvency
AEE has an Altman-Z score of 0.93. This is a bad value and indicates that AEE is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.93, AEE is doing good in 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.
With a Debt to Equity ratio value of 1.57, AEE perfoms like the industry average, 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
WACC6.57%
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 in line with its industry peers.
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.
With a Quick ratio value of 0.64, AEE perfoms like the industry average, 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
The Earnings Per Share has grown by an nice 13.57% over the past year.
AEE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.50% yearly.
Looking at the last year, AEE shows a very strong growth in Revenue. The Revenue has grown by 22.71%.
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
Based on estimates for the next years, AEE will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.12% on average per year.
The Revenue is expected to grow by 7.82% on average over the next years.
EPS Next Y10.08%
EPS Next 2Y8.49%
EPS Next 3Y8.35%
EPS Next 5Y8.12%
Revenue Next Year9.75%
Revenue Next 2Y7.82%
Revenue Next 3Y7.3%
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.
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 20.04, AEE is valued on the expensive side.
AEE's Price/Earnings ratio is a bit more expensive when compared to the industry. AEE is more expensive than 76.92% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.87, AEE is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 18.62, the valuation of AEE can be described as rather expensive.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, AEE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.04 | ||
| Fwd PE | 18.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AEE is valued more expensive than 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.39 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of AEE may justify a higher PE ratio.
PEG (NY)1.99
PEG (5Y)3.08
EPS Next 2Y8.49%
EPS Next 3Y8.35%
5. Dividend
5.1 Amount
AEE has a Yearly Dividend Yield of 2.84%. Purely for dividend investing, there may be better candidates out there.
With a Dividend Yield of 2.84, AEE pays less dividend than the industry average, which is at 4.62. 88.46% of the companies listed in the same industry pay a better dividend than AEE!
AEE's Dividend Yield is a higher than the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
On average, the dividend of AEE grows each year by 6.73%, which is quite nice.
AEE has paid a dividend for at least 10 years, which is 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
53.51% of the earnings are spent on dividend by AEE. 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 2Y8.49%
EPS Next 3Y8.35%
100.61
+1.01 (+1.01%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners86.14%
Inst Owner Change0%
Ins Owners0.16%
Ins Owner Change-1.02%
Market Cap27.21B
Revenue(TTM)8.96B
Net Income(TTM)1.41B
Analysts75
Price Target113.46 (12.77%)
Short Float %3.01%
Short Ratio4.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend2.66
Dividend Growth(5Y)6.73%
DP53.51%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
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)-0.64%
PT rev (3m)4.2%
EPS NQ rev (1m)-2.29%
EPS NQ rev (3m)-11.48%
EPS NY rev (1m)0.16%
EPS NY rev (3m)0.58%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)-8.66%
Revenue NY rev (1m)0.65%
Revenue NY rev (3m)-1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.04 | ||
| Fwd PE | 18.62 | ||
| P/S | 3.04 | ||
| P/FCF | N/A | ||
| P/OCF | 8.47 | ||
| P/B | 2.13 | ||
| P/tB | 2.2 | ||
| EV/EBITDA | 13.39 |
EPS(TTM)5.02
EY4.99%
EPS(NY)5.4
Fwd EY5.37%
FCF(TTM)-4.61
FCFYN/A
OCF(TTM)11.88
OCFY11.81%
SpS33.12
BVpS47.25
TBVpS45.73
PEG (NY)1.99
PEG (5Y)3.08
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
WACC6.57%
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 Y10.08%
EPS Next 2Y8.49%
EPS Next 3Y8.35%
EPS Next 5Y8.12%
Revenue 1Y (TTM)22.71%
Revenue growth 3Y6.04%
Revenue growth 5Y5.22%
Sales Q2Q%24.21%
Revenue Next Year9.75%
Revenue Next 2Y7.82%
Revenue Next 3Y7.3%
Revenue Next 5Y7.82%
EBIT growth 1Y17.83%
EBIT growth 3Y4.38%
EBIT growth 5Y3.65%
EBIT Next Year104.87%
EBIT Next 3Y36.12%
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.
What is the valuation status for AEE stock?
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.
How financially healthy is AMEREN CORPORATION?
The financial health rating of AMEREN CORPORATION (AEE) is 1 / 10.
How sustainable is the dividend of AMEREN CORPORATION (AEE) stock?
The dividend rating of AMEREN CORPORATION (AEE) is 6 / 10 and the dividend payout ratio is 53.51%.