Overview Dividends

(AEE) Ameren - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0236081024

Electricity, Natural Gas, Transmission, Distribution

AEE EPS (Earnings per Share)

EPS Growth (3Y CAGR): 61.40%
EPS Trend (3Y Correlation): 43.4%

AEE Revenue

Revenue Growth (3Y CAGR): 10.60%
Revenue Trend (3Y Correlation): 49.6%

Risk via 10d forecast
Volatility	18.2%
Value at Risk 5%th	29.6%

Reward
Sharpe Ratio	0.76
Alpha Jensen	7.16

Character
Hurst Exponent	0.357
Beta	0.585

Drawdowns 3y
Max DD	23.38%
Mean DD	7.83%

Description: AEE Ameren October 14, 2025

Ameren Corporation (NYSE:AEE) is a regulated public-utility holding company headquartered in St. Louis, Missouri, operating four business segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. Its core activities are rate-regulated generation, transmission, and distribution of electricity, plus regulated natural-gas distribution, serving residential, commercial, and industrial customers across Missouri and Illinois.

Generation assets are a mix of coal, nuclear, natural-gas, and renewables (hydro, wind, methane capture, solar). As of FY 2023, Ameren reported roughly $2.3 billion of adjusted EBITDA and a regulated return on equity (ROE) of about 7.5%, consistent with utility sector benchmarks. Capital expenditures were $1.5 billion, with roughly 15% earmarked for renewable-energy projects, pushing its clean-energy capacity toward 2.5 GW by 2027.

Key economic drivers include state-level electricity rate cases, Federal Energy Regulatory Commission (FERC) policy on transmission cost recovery, and macro-level inflation that influences both operating costs and the utility’s ability to pass through expenses to ratepayers. A material risk is the ongoing regulatory scrutiny of coal-derived generation, which could accelerate the shift toward gas-and-renewable resources and affect long-term asset utilization.

Given Ameren’s high-leveraged balance sheet (debt-to-equity ≈ 1.2) and its exposure to decarbonization mandates, analysts should monitor the upcoming Illinois and Missouri rate case outcomes and the company’s progress on its 2030 carbon-reduction targets before forming a valuation view. For a deeper dive into Ameren’s valuation metrics, the ValueRay platform offers a granular breakdown of its discounted cash-flow assumptions.

AEE Stock Overview

Market Cap in USD	28,307m
Sub-Industry	Multi-Utilities
IPO / Inception	1998-01-02
Return 12m vs S&P 500	2.06%
Analyst Rating	3.88 of 5

AEE Dividends

Dividend Yield	3.32%
Yield on Cost 5y	4.82%
Yield CAGR 5y	7.59%
Payout Consistency	96.3%
Payout Ratio	53.9%

AEE Growth Ratios

CAGR	11.35%
CAGR/Max DD Calmar Ratio	0.49
CAGR/Mean DD Pain Ratio	1.45
Current Volume	1898.6k
Average Volume	1454k

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (1.41b TTM) > 0 and > 6% of Revenue (6% = 537.5m TTM)

FCFTA -0.03 (>2.0%) and ΔFCFTA 1.44pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -2.18% (prev -17.95%; Δ 15.77pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 3.21b > Net Income 1.41b (YES >=105%, WARN >=100%)

Net Debt (20.09b) to EBITDA (3.94b) ratio: 5.10 <= 3.0 (WARN <= 3.5)

Current Ratio 0.93 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (271.7m) change vs 12m ago 1.80% (target <= -2.0% for YES)

Gross Margin 40.77% (prev 49.45%; Δ -8.68pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 19.75% (prev 16.86%; Δ 2.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.03 (EBITDA TTM 3.94b / Interest Expense TTM 741.0m) >= 6 (WARN >= 3)

Altman Z'' 0.82

(A) -0.00 = (Total Current Assets 2.61b - Total Current Liabilities 2.81b) / Total Assets 47.42b

(B) 0.11 = Retained Earnings (Balance) 5.23b / Total Assets 47.42b

(D) 0.15 = Book Value of Equity 5.22b / Total Liabilities 34.51b

Total Rating: 0.82 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 48.54

1. Piotroski 2.50pt = -2.50

2. FCF Yield -2.54% = -1.27

3. FCF Margin -13.71% = -5.14

4. Debt/Equity 1.57 = 1.38

5. Debt/Ebitda 5.10 = -2.50

6. ROIC - WACC (= 1.38)% = 1.73

7. RoE 11.42% = 0.95

8. Rev. Trend 49.63% = 3.72

9. EPS Trend 43.37% = 2.17

What is the price of AEE shares?

As of November 14, 2025, the stock is trading at USD 104.77 with a total of 1,898,641 shares traded.
Over the past week, the price has changed by +4.38%, over one month by +2.09%, over three months by +5.21% and over the past year by +18.27%.

Is Ameren a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Ameren (NYSE:AEE) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 48.54 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AEE is around 108.95 USD . This means that AEE is currently overvalued and has a potential downside of 3.99%.

Is AEE a buy, sell or hold?

Ameren has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy AEE.

Strong Buy: 8
Buy: 1
Hold: 6
Sell: 2
Strong Sell: 0

What are the forecasts/targets for the AEE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	111.8	6.7%
Analysts Target Price	111.8	6.7%
ValueRay Target Price	117.9	12.5%

AEE Fundamental Data Overview November 10, 2025

Market Cap USD = 28.31b (28.31b USD * 1.0 USD.USD)
P/E Trailing = 20.125
P/E Forward = 19.305
P/S = 3.2782
P/B = 2.2601
P/EG = 2.3957
Beta = 0.585
Revenue TTM = 8.96b USD
EBIT TTM = 2.25b USD
EBITDA TTM = 3.94b USD
Long Term Debt = 17.26b USD (from longTermDebt, last fiscal year)
Short Term Debt = 932.0m USD (from shortTermDebt, last quarter)
Debt = 20.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.09b USD (from netDebt column, last quarter)
Enterprise Value = 48.40b USD (28.31b + Debt 20.10b - CCE 9.00m)
Interest Coverage Ratio = 3.03 (Ebit TTM 2.25b / Interest Expense TTM 741.0m)
FCF Yield = -2.54% (FCF TTM -1.23b / Enterprise Value 48.40b)
FCF Margin = -13.71% (FCF TTM -1.23b / Revenue TTM 8.96b)
Net Margin = 15.75% (Net Income TTM 1.41b / Revenue TTM 8.96b)
Gross Margin = 40.77% ((Revenue TTM 8.96b - Cost of Revenue TTM 5.31b) / Revenue TTM)
Gross Margin QoQ = 36.64% (prev 41.78%)
Tobins Q-Ratio = 1.02 (Enterprise Value 48.40b / Total Assets 47.42b)
Interest Expense / Debt = 1.03% (Interest Expense 208.0m / Debt 20.10b)
Taxrate = 7.50% (52.0m / 693.0m)
NOPAT = 2.08b (EBIT 2.25b * (1 - 7.50%))
Current Ratio = 0.93 (Total Current Assets 2.61b / Total Current Liabilities 2.81b)
Debt / Equity = 1.57 (Debt 20.10b / totalStockholderEquity, last quarter 12.78b)
Debt / EBITDA = 5.10 (Net Debt 20.09b / EBITDA 3.94b)
Debt / FCF = -16.36 (negative FCF - burning cash) (Net Debt 20.09b / FCF TTM -1.23b)
Total Stockholder Equity = 12.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.98% (Net Income 1.41b / Total Assets 47.42b)
RoE = 11.42% (Net Income TTM 1.41b / Total Stockholder Equity 12.36b)
RoCE = 7.58% (EBIT 2.25b / Capital Employed (Equity 12.36b + L.T.Debt 17.26b))
RoIC = 6.56% (NOPAT 2.08b / Invested Capital 31.66b)
WACC = 5.17% (E(28.31b)/V(48.41b) * Re(8.17%) + D(20.10b)/V(48.41b) * Rd(1.03%) * (1-Tc(0.08)))
Discount Rate = 8.17% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.45%
Fair Price DCF = unknown (Cash Flow -1.23b)
EPS Correlation: 43.37 | EPS CAGR: 61.40% | SUE: 4.0 | # QB: 1
Revenue Correlation: 49.63 | Revenue CAGR: 10.60% | SUE: 0.68 | # QB: 0

Additional Sources for AEE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle