(AEE) Ameren - Ratings and Ratios
Electricity, Natural Gas, Transmission, Distribution
Dividends
| Dividend Yield | 3.48% |
| Yield on Cost 5y | 5.20% |
| Yield CAGR 5y | 7.59% |
| Payout Consistency | 96.3% |
| Payout Ratio | 54.6% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 18.1% |
| Value at Risk 5%th | 29.5% |
| Relative Tail Risk | -1.07% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.56 |
| Alpha | 5.13 |
| CAGR/Max DD | 0.33 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.260 |
| Beta | 0.233 |
| Beta Downside | 0.299 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.38% |
| Mean DD | 7.85% |
| Median DD | 5.90% |
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.
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 |
| (C) 0.05 = EBIT TTM 2.25b / Avg Total Assets 45.36b |
| (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) 49.39
| 1. Piotroski 2.50pt |
| 2. FCF Yield -2.54% |
| 3. FCF Margin -13.71% |
| 4. Debt/Equity 1.57 |
| 5. Debt/Ebitda 5.10 |
| 6. ROIC - WACC (= 2.08)% |
| 7. RoE 11.42% |
| 8. Rev. Trend 50.13% |
| 9. EPS Trend 42.22% |
What is the price of AEE shares?
Over the past week, the price has changed by -5.17%, over one month by -1.04%, over three months by +0.69% and over the past year by +12.33%.
Is AEE a buy, sell or hold?
- 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 | 112.6 | 11.6% |
| Analysts Target Price | 112.6 | 11.6% |
| ValueRay Target Price | 110.1 | 9.2% |
AEE Fundamental Data Overview November 25, 2025
P/E Trailing = 20.1019
P/E Forward = 19.6464
P/S = 3.2744
P/B = 2.2124
P/EG = 2.4911
Beta = 0.585
Revenue TTM = 8.96b USD
EBIT TTM = 2.25b USD
EBITDA TTM = 3.94b USD
Long Term Debt = 19.17b USD (from longTermDebt, last quarter)
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 = 48.37b USD (28.27b + 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 48.37b)
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 48.37b / 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 = 7.12% (EBIT 2.25b / Capital Employed (Equity 12.36b + L.T.Debt 19.17b))
RoIC = 6.50% (NOPAT 2.08b / Invested Capital 31.96b)
WACC = 4.41% (E(28.27b)/V(48.38b) * Re(6.87%) + D(20.10b)/V(48.38b) * Rd(1.03%) * (1-Tc(0.08)))
Discount Rate = 6.87% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 1.45%
Fair Price DCF = unknown (Cash Flow -1.23b)
EPS Correlation: 42.22 | EPS CAGR: 52.74% | SUE: 4.0 | # QB: 1
Revenue Correlation: 50.13 | Revenue CAGR: 16.04% | SUE: 0.68 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.10 | Chg30d=-0.063 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=5.33 | Chg30d=-0.000 | Revisions Net=+1 | Growth EPS=+6.3% | Growth Revenue=+5.1%
Additional Sources for AEE Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle