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Ameren Corp (AEE)

合理估值
UtilitiesUtilities - Regulated ElectricUnited States

基本面

61

价格

$99.25

市值

$27.52B

第一部分 · 这家公司值多少

概览

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution business and natural gas transmission and distribution business. The company also generates electricity through coal, nuclear, and natural gas, as well as renewable energy, including hydroelectric, wind, methane gas, and solar energy centers. It serves residential, commercial, and industrial customers. Ameren Corporation was founded in 1881 and is headquartered in Saint Louis, Missouri.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月17日 with claude-haiku-4-5 — shared with all users

P/E: 20.9Score: 56Market cap: $17.90B

Evergy is the other large investor-owned regulated electric utility in Missouri, serving the western half of the state under the same Missouri Public Service Commission while Ameren Missouri serves the eastern half, so the two compete for industrial and data-centre load, for capital and for regulatory outcomes in the same state.

P/E: 14.8Score: 50Market cap: $41.13B

Through ComEd, Exelon is the regulated electricity distributor for northern Illinois while Ameren Illinois serves the centre and south: the two run the same business under the same Illinois Commerce Commission and compete to attract new industrial customers and to justify grid investment.

P/E: 19.6Score: 53Market cap: $33.06B

WEC is a Midwest regulated electric-and-gas utility of comparable size, and its Peoples Gas and North Shore Gas units distribute natural gas in Illinois alongside Ameren Illinois' gas business.

P/E: 19.9Score: 56Market cap: $16.35B

Alliant runs regulated electric and gas utilities in Iowa and Wisconsin inside the same MISO market as Ameren, with the same mix of rate-based grid and generation investment and the same fight for Midwest industrial load.

P/E: 18.9Score: 57Market cap: $19.63B

CMS Energy, through Consumers Energy in Michigan, is a combined regulated electric-and-gas utility with almost the same customer mix and revenue size, and the two appear in each other's peer groups for capital and executive-pay benchmarking.

P/E: 19.3Score: 49Market cap: $43.45B

Xcel is a regulated electric and gas utility across the Upper Midwest, partly inside MISO, competing with Ameren for regional transmission projects and for the same investor demand for regulated rate-base growth.

资产负债表与流动性

营收

$8.75B

最近12个月(截至2026/6/30)

净利润

$1.57B

最近12个月(截至2026/6/30)

自由现金流

$-775M

股东权益合计

$13.40B

负债合计

$34.95B

流动比率

0.53

利息覆盖率

2.63

债务/EBITDA

5.99

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

受监管公用事业合理估值

公允价值

$90.99

当前价格

$99.25

安全边际

-9.1%

公允价值区间

$72.19 - $109.78

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$119.53
现金流折现法(DCF):$82.22
市盈率法(P/E):$101.30
格雷厄姆成长公式:不适用于此类公司
盈利能力价值(EPV):$77.25
合理市净率(P/B):不适用于此类公司
股息折现模型(戈登模型):$73.10
P/FFO(运营资金):不适用于此类公司
周期中段收益:不适用于此类公司
市销率法(P/S):不适用于此类公司
分析师共识:买入 (14B / 7H / 0S)
最近财报超预期:+2.95%

估值指标

市盈率(P/E)

17.50

ROE

10.9%

市净率(P/B)

2.01

P/FCF

-

毛利率

-

ROIC

3.7%

盈利能力雷达图

价值创造(经济护城河)

ROIC

3.7%

WACC

5.7%

ROIC − WACC

-2.0 pp

ROIC 低于资本成本:公司每投入一美元都在毁灭价值。

基本面分析标准

通过(18)

  • EPS shows upward trend
  • Price CAGR 7.18%
  • P/B Ratio 2.01
  • Debt/Equity ratio
  • Operating Margin 24.9%
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 11.7%
  • Revenue Growth 5Y 8.7%
  • Analyst Consensus 67% Buy
  • Earnings Surprise avg 3.0%
  • PEG Ratio 1.99
  • Earnings Quality (OCF/NI) 2.07
  • Share Dilution 1.7%
  • Net Margin Trend 17.9% vs 14.6%
  • Piotroski F-Score 6/9

未通过(6)

  • EPS CAGR 4.18%
  • ROIC 3.7%
  • Positive Free Cash Flow
  • Current Ratio
  • Price below Graham Number
  • DCF valuation (Overvalued)

不可用(4)

  • Gross Margin NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity

Piotroski F-评分

6/9

信号混杂:部分领域需关注

score
criteria

盈利质量

2.07

高质量:盈利有现金流支撑

股权稀释

1.7%

股份数量稳定

机构持股

公司治理

管理团队

姓名职位年龄
Mr. Martin J. Lyons Jr.President, CEO & Chairman of the Board58
Mr. Leonard P. SinghExecutive VP & CFO55
Mr. Mark C. LindgrenExecutive VP of Corporate Communications & Chief Human Resources Officer of Ameren Services57
Mr. Michael L. MoehnGroup President, Ameren Utilities55
Mr. Shawn E. SchukarChairman & President of Ameren Transmission Company of Illinois63
Ms. Theresa A. ShawSenior VP & Chief Accounting and Transformation Officer of Ameren Services52
Mr. Andrew KirkSenior Director of Investor Relations & Corporate Modeling-
Mr. David M. Feinberg J.D.Executive VP, General Counsel & Corporate Secretary55
Ms. Gwendolyn Goosby MizellSenior VP & Chief Sustainability Officer of Ameren Services63
Mr. Ajay K. AroraExecutive VP, Chief Growth & Generation Development Officer of Ameren Missouri54

审计风险

6

董事会风险

8

薪酬风险

5

股东权利风险

8

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-02-18

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-08-03

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-28

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

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