View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAES Andes 配当と自社株買い配当金 基準チェック /36AES Andes配当を支払う会社であり、現在の利回りは28.42%です。主要情報28.4%配当利回り28.5%バイバック利回り総株主利回り56.9%将来の配当利回り28.4%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新Upcoming Dividend • May 30Upcoming dividend of US$0.013 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 10 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Chilean dividend payers (12%). Lower than average of industry peers (23%).すべての更新を表示Recent updatesReported Earnings • Feb 29Full year 2023 earnings released: US$0.017 loss per share (vs US$0.027 profit in FY 2022)Full year 2023 results: US$0.017 loss per share (down from US$0.027 profit in FY 2022). Revenue: US$2.74b (up 6.3% from FY 2022). Net loss: US$174.9m (down 163% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Nov 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 244% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.6% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (244% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Nov 09New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 244% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.6% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (244% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: US$0.006 (vs US$0.006 in 3Q 2022)Third quarter 2023 results: EPS: US$0.006 (in line with 3Q 2022). Revenue: US$752.0m (up 12% from 3Q 2022). Net income: US$64.9m (up 2.5% from 3Q 2022). Profit margin: 8.6% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Aug 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change).New Risk • Aug 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 05Second quarter 2023 earnings released: US$0.021 loss per share (vs US$0.007 profit in 2Q 2022)Second quarter 2023 results: US$0.021 loss per share (down from US$0.007 profit in 2Q 2022). Revenue: US$682.4m (up 9.2% from 2Q 2022). Net loss: US$220.2m (down 411% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Jun 07AES Andes S.A. (SNSE:AESANDES) agreed to acquire Helio Atacama Tres S.p.A. from EDF EN Chile Holding Spa and Marubeni Corporation (TSE:8002) for approximately $110 million.AES Andes S.A. (SNSE:AESANDES) agreed to acquire Helio Atacama Tres S.p.A. from EDF EN Chile Holding Spa and Marubeni Corporation (TSE:8002) for approximately $110 million on June 6, 2023.Reported Earnings • May 10First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: US$696.1m (up 18% from 1Q 2022). Net income: US$20.4m (down 56% from 1Q 2022). Profit margin: 2.9% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Mar 04Full year 2022 earnings released: EPS: US$0.027 (vs US$0.10 loss in FY 2021)Full year 2022 results: EPS: US$0.027 (up from US$0.10 loss in FY 2021). Revenue: US$2.58b (down 6.9% from FY 2021). Net income: US$276.7m (up US$1.37b from FY 2021). Profit margin: 11% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Daniel Mauricio Fernandez Koprich was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: US$0.006 (vs US$0.012 in 3Q 2021)Third quarter 2022 results: EPS: US$0.006 (down from US$0.012 in 3Q 2021). Revenue: US$669.3m (down 2.0% from 3Q 2021). Net income: US$63.3m (down 48% from 3Q 2021). Profit margin: 9.5% (down from 18% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: US$0.007 (vs US$0.043 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.007 (up from US$0.043 loss in 2Q 2021). Revenue: US$624.9m (down 20% from 2Q 2021). Net income: US$70.9m (up US$513.6m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Buying Opportunity • Jun 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.5%. The fair value is estimated to be CL$157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • May 30Upcoming dividend of US$0.013 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 10 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Chilean dividend payers (12%). Lower than average of industry peers (23%).Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: US$0.004 (down from US$0.017 in 1Q 2021). Revenue: US$592.0m (down 17% from 1Q 2021). Net income: US$46.1m (down 74% from 1Q 2021). Profit margin: 7.8% (down from 25% in 1Q 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 12% compared to a 33% growth forecast for the industry in Chile. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Daniel Mauricio Fernandez Koprich was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 02Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: US$0.10 loss per share (down from US$0.032 loss in FY 2020). Revenue: US$2.77b (up 11% from FY 2020). Net loss: US$1.09b (loss widened 302% from FY 2020). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 950%. Over the next year, revenue is expected to shrink by 19% compared to a 3.2% growth forecast for the industry in Chile. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Jan 26AES Andes S.A.(SNSE:AESANDES) dropped from FTSE All-World Index (USD)AES Andes S.A.(SNSE:AESANDES) dropped from FTSE All-World Index (USD)お知らせ • Jan 13AES Andes S.A.(SNSE:AESANDES) dropped from S&P Global BMI IndexAES Andes S.A.(SNSE:AESANDES) dropped from S&P Global BMI Indexお知らせ • Dec 07Inversiones Cachagua Limitada made an offer to acquire remaining stake in AES Andes S.A. (SNSE:AESANDES) for CLP 460 billion.Inversiones Cachagua Limitada made an offer to acquire remaining stake in AES Andes S.A. (SNSE:AESANDES) for CLP 460 billion on December 6, 2021. As per terms, Inversiones Cachagua Limitada shall acquire 3,426,432,504 shares at CLP 135.14 per share. The consideration will be funded through a combination of non-recourse debt and liquidity available. The tender offer period begins from December 6, 2021 and expiration is expected to be on or about January 5, 2022. The tender offer is subject to extension and certain conditions.Major Estimate Revision • Dec 04Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 expected loss increased from -US$0.0085 to -US$0.01 per share. Revenue forecast unchanged at US$2.69b. Renewable Energy industry in Chile expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at CL$159. Share price fell 7.1% to CL$91.47 over the past week.分析記事 • Nov 23AES Andes (SNSE:AESANDES) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$0.012 (vs US$0.067 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$682.7m (up 1.2% from 3Q 2020). Net income: US$122.0m (up US$686.5m from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.分析記事 • Sep 30Investors Will Want AES Andes' (SNSE:AESANDES) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.043 loss per share (vs US$0.007 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$776.9m (up 36% from 2Q 2020). Net loss: US$442.7m (down US$504.4m from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.分析記事 • Jun 24AES Andes (SNSE:AESGENER) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Apr 14Investors Will Want AES Gener's (SNSE:AESGENER) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Mar 19We Think AES Gener (SNSE:AESGENER) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analyst Estimate Surprise Post Earnings • Feb 28Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.03%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 3.8%, compared to a 35% growth forecast for the Renewable Energy industry in Chile.Reported Earnings • Feb 28Full year 2020 earnings released: US$0.032 loss per share (vs US$0.014 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$2.51b (up 4.0% from FY 2019). Net loss: US$271.4m (down 334% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Feb 25WEG Capital signed a contract to acquire remaining 50.01% stake in Anexo Guacolda Energía S.A. from AES Gener S.A. (SNSE:AESGENER).WEG Capital signed a contract to acquire remaining 50.01% stake in Anexo Guacolda Energía S.A. from AES Gener S.A. (SNSE:AESGENER) on February 23, 2021. Post completion, WEG Capital will hold 100% stake in Guacolda Energía. The transaction is subject to the approval of Chile’s antitrust authority (FNE). The proceeds of the sale will be used to fund the Company’s renewable growth plans.分析記事 • Feb 21What You Need To Know About AES Gener S.A.'s (SNSE:AESGENER) Investor CompositionIf you want to know who really controls AES Gener S.A. ( SNSE:AESGENER ), then you'll have to look at the makeup of its...お知らせ • Feb 09AES Gener S.A. announced that it has received $306 million in funding from Inversiones Cachagua LimitadaOn February 8, 2021, AES Gener S.A. (SNSE:AESGENER) closed the transaction. The company issued 1,976,000 shares at a price of $154.85829 for $306,000,000 in the transaction.分析記事 • Jan 31AES Gener (SNSE:AESGENER) Has Returned Negative 15% To Its Shareholders In The Past Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...分析記事 • Jan 10Estimating The Intrinsic Value Of AES Gener S.A. (SNSE:AESGENER)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of AES Gener S.A...分析記事 • Dec 19Is AES Gener (SNSE:AESGENER) A Future Multi-bagger?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Nov 28Is AES Gener (SNSE:AESGENER) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Nov 24New 90-day high: CL$130The company is up 5.0% from its price of CL$124 on 26 August 2020. The Chilean market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$105 per share.Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 72%. Over the next year, revenue is forecast to grow 6.4%, compared to a 42% growth forecast for the Renewable Energy industry in Chile.Reported Earnings • Nov 12Third quarter 2020 earnings released: US$0.067 loss per shareThe company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: US$674.3m (up 7.6% from 3Q 2019). Net loss: US$564.5m (down US$661.6m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 30New 90-day low: CL$115The company is down 11% from its price of CL$130 on 31 July 2020. The Chilean market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$125 per share.Is New 90 Day High Low • Oct 09New 90-day low: CL$117The company is down 2.0% from its price of CL$120 on 10 July 2020. The Chilean market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$128 per share.お知らせ • Oct 03AES Gener S.A. announced that it expects to receive $500 million in funding from Inversiones Cachagua Limitada and other investorsAES Gener S.A. (SNSE:AESGENER) announced a private placement of common shares for gross proceeds of $500 million on February 28, 2020. The transaction will include participation from The AES Corporation (NYSE:AES) through existing investor Inversiones Cachagua Limitada for $335 million and other investors. Post to the transaction, Inversiones Cachagua Limitada will continue to hold 66.7% stake in the company.お知らせ • Sep 18Compañía Minera Teck Carmen de Andacollo S.A. and AES Gener S.A Enter into Long-Term Power Purchase AgreementTeck Resources Limited and The AES Corporation announced that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A. ("CdA”) and AES Gener S. A (“AES Gener”), have entered into a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile. Under the agreement, CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy. The transition to renewable power will replace previous fossil fuel power sources and eliminate approximately 200,000 tonnes of greenhouse gas (GHG) emissions annually, the equivalent to removing over 40,000 passenger vehicles from the road. The Carmen de Andacollo renewable power arrangement is in effect as of September 1, 2020 and will run through to the end of 2031.決済の安定と成長配当データの取得安定した配当: AESANDESの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: AESANDESの配当金支払額は過去10年間減少しています。配当利回り対市場AES Andes 配当利回り対市場AESANDES 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (AESANDES)28.4%市場下位25% (CL)2.4%市場トップ25% (CL)6.5%業界平均 (Renewable Energy)6.2%アナリスト予想 (AESANDES) (最長3年)28.4%注目すべき配当: AESANDESの配当金 ( 28.42% ) はCL市場の配当金支払者の下位 25% ( 2.41% ) よりも高くなっています。高配当: AESANDESの配当金 ( 28.42% ) はCL市場 ( 6.51% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: AESANDESの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: AESANDESの 現金配当性向 ( 47.9% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YCL 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/04/25 18:19終値2024/04/25 00:00収益2023/12/31年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋AES Andes S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Felipe MattarBarclaysLuiz Leite FilhoBofA Global ResearchFelipe LealBofA Global Research8 その他のアナリストを表示
Upcoming Dividend • May 30Upcoming dividend of US$0.013 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 10 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Chilean dividend payers (12%). Lower than average of industry peers (23%).
Reported Earnings • Feb 29Full year 2023 earnings released: US$0.017 loss per share (vs US$0.027 profit in FY 2022)Full year 2023 results: US$0.017 loss per share (down from US$0.027 profit in FY 2022). Revenue: US$2.74b (up 6.3% from FY 2022). Net loss: US$174.9m (down 163% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Nov 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 244% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.6% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (244% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Nov 09New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 244% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.6% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (244% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: US$0.006 (vs US$0.006 in 3Q 2022)Third quarter 2023 results: EPS: US$0.006 (in line with 3Q 2022). Revenue: US$752.0m (up 12% from 3Q 2022). Net income: US$64.9m (up 2.5% from 3Q 2022). Profit margin: 8.6% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Aug 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chilean stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change).
New Risk • Aug 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 42% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 05Second quarter 2023 earnings released: US$0.021 loss per share (vs US$0.007 profit in 2Q 2022)Second quarter 2023 results: US$0.021 loss per share (down from US$0.007 profit in 2Q 2022). Revenue: US$682.4m (up 9.2% from 2Q 2022). Net loss: US$220.2m (down 411% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Jun 07AES Andes S.A. (SNSE:AESANDES) agreed to acquire Helio Atacama Tres S.p.A. from EDF EN Chile Holding Spa and Marubeni Corporation (TSE:8002) for approximately $110 million.AES Andes S.A. (SNSE:AESANDES) agreed to acquire Helio Atacama Tres S.p.A. from EDF EN Chile Holding Spa and Marubeni Corporation (TSE:8002) for approximately $110 million on June 6, 2023.
Reported Earnings • May 10First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: US$696.1m (up 18% from 1Q 2022). Net income: US$20.4m (down 56% from 1Q 2022). Profit margin: 2.9% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 04Full year 2022 earnings released: EPS: US$0.027 (vs US$0.10 loss in FY 2021)Full year 2022 results: EPS: US$0.027 (up from US$0.10 loss in FY 2021). Revenue: US$2.58b (down 6.9% from FY 2021). Net income: US$276.7m (up US$1.37b from FY 2021). Profit margin: 11% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Daniel Mauricio Fernandez Koprich was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: US$0.006 (vs US$0.012 in 3Q 2021)Third quarter 2022 results: EPS: US$0.006 (down from US$0.012 in 3Q 2021). Revenue: US$669.3m (down 2.0% from 3Q 2021). Net income: US$63.3m (down 48% from 3Q 2021). Profit margin: 9.5% (down from 18% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: US$0.007 (vs US$0.043 loss in 2Q 2021)Second quarter 2022 results: EPS: US$0.007 (up from US$0.043 loss in 2Q 2021). Revenue: US$624.9m (down 20% from 2Q 2021). Net income: US$70.9m (up US$513.6m from 2Q 2021). Profit margin: 11% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Jun 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.5%. The fair value is estimated to be CL$157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • May 30Upcoming dividend of US$0.013 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 10 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Chilean dividend payers (12%). Lower than average of industry peers (23%).
Reported Earnings • May 06First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: US$0.004 (down from US$0.017 in 1Q 2021). Revenue: US$592.0m (down 17% from 1Q 2021). Net income: US$46.1m (down 74% from 1Q 2021). Profit margin: 7.8% (down from 25% in 1Q 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is expected to shrink by 12% compared to a 33% growth forecast for the industry in Chile. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Daniel Mauricio Fernandez Koprich was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 02Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: US$0.10 loss per share (down from US$0.032 loss in FY 2020). Revenue: US$2.77b (up 11% from FY 2020). Net loss: US$1.09b (loss widened 302% from FY 2020). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 950%. Over the next year, revenue is expected to shrink by 19% compared to a 3.2% growth forecast for the industry in Chile. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 26AES Andes S.A.(SNSE:AESANDES) dropped from FTSE All-World Index (USD)AES Andes S.A.(SNSE:AESANDES) dropped from FTSE All-World Index (USD)
お知らせ • Jan 13AES Andes S.A.(SNSE:AESANDES) dropped from S&P Global BMI IndexAES Andes S.A.(SNSE:AESANDES) dropped from S&P Global BMI Index
お知らせ • Dec 07Inversiones Cachagua Limitada made an offer to acquire remaining stake in AES Andes S.A. (SNSE:AESANDES) for CLP 460 billion.Inversiones Cachagua Limitada made an offer to acquire remaining stake in AES Andes S.A. (SNSE:AESANDES) for CLP 460 billion on December 6, 2021. As per terms, Inversiones Cachagua Limitada shall acquire 3,426,432,504 shares at CLP 135.14 per share. The consideration will be funded through a combination of non-recourse debt and liquidity available. The tender offer period begins from December 6, 2021 and expiration is expected to be on or about January 5, 2022. The tender offer is subject to extension and certain conditions.
Major Estimate Revision • Dec 04Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 expected loss increased from -US$0.0085 to -US$0.01 per share. Revenue forecast unchanged at US$2.69b. Renewable Energy industry in Chile expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at CL$159. Share price fell 7.1% to CL$91.47 over the past week.
分析記事 • Nov 23AES Andes (SNSE:AESANDES) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 06Third quarter 2021 earnings released: EPS US$0.012 (vs US$0.067 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$682.7m (up 1.2% from 3Q 2020). Net income: US$122.0m (up US$686.5m from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
分析記事 • Sep 30Investors Will Want AES Andes' (SNSE:AESANDES) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Aug 06Second quarter 2021 earnings released: US$0.043 loss per share (vs US$0.007 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$776.9m (up 36% from 2Q 2020). Net loss: US$442.7m (down US$504.4m from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
分析記事 • Jun 24AES Andes (SNSE:AESGENER) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Apr 14Investors Will Want AES Gener's (SNSE:AESGENER) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Mar 19We Think AES Gener (SNSE:AESGENER) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyst Estimate Surprise Post Earnings • Feb 28Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.03%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 3.8%, compared to a 35% growth forecast for the Renewable Energy industry in Chile.
Reported Earnings • Feb 28Full year 2020 earnings released: US$0.032 loss per share (vs US$0.014 profit in FY 2019)The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: US$2.51b (up 4.0% from FY 2019). Net loss: US$271.4m (down 334% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 25WEG Capital signed a contract to acquire remaining 50.01% stake in Anexo Guacolda Energía S.A. from AES Gener S.A. (SNSE:AESGENER).WEG Capital signed a contract to acquire remaining 50.01% stake in Anexo Guacolda Energía S.A. from AES Gener S.A. (SNSE:AESGENER) on February 23, 2021. Post completion, WEG Capital will hold 100% stake in Guacolda Energía. The transaction is subject to the approval of Chile’s antitrust authority (FNE). The proceeds of the sale will be used to fund the Company’s renewable growth plans.
分析記事 • Feb 21What You Need To Know About AES Gener S.A.'s (SNSE:AESGENER) Investor CompositionIf you want to know who really controls AES Gener S.A. ( SNSE:AESGENER ), then you'll have to look at the makeup of its...
お知らせ • Feb 09AES Gener S.A. announced that it has received $306 million in funding from Inversiones Cachagua LimitadaOn February 8, 2021, AES Gener S.A. (SNSE:AESGENER) closed the transaction. The company issued 1,976,000 shares at a price of $154.85829 for $306,000,000 in the transaction.
分析記事 • Jan 31AES Gener (SNSE:AESGENER) Has Returned Negative 15% To Its Shareholders In The Past Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
分析記事 • Jan 10Estimating The Intrinsic Value Of AES Gener S.A. (SNSE:AESGENER)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of AES Gener S.A...
分析記事 • Dec 19Is AES Gener (SNSE:AESGENER) A Future Multi-bagger?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Nov 28Is AES Gener (SNSE:AESGENER) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Nov 24New 90-day high: CL$130The company is up 5.0% from its price of CL$124 on 26 August 2020. The Chilean market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$105 per share.
Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 72%. Over the next year, revenue is forecast to grow 6.4%, compared to a 42% growth forecast for the Renewable Energy industry in Chile.
Reported Earnings • Nov 12Third quarter 2020 earnings released: US$0.067 loss per shareThe company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: US$674.3m (up 7.6% from 3Q 2019). Net loss: US$564.5m (down US$661.6m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 30New 90-day low: CL$115The company is down 11% from its price of CL$130 on 31 July 2020. The Chilean market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$125 per share.
Is New 90 Day High Low • Oct 09New 90-day low: CL$117The company is down 2.0% from its price of CL$120 on 10 July 2020. The Chilean market is down 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CL$128 per share.
お知らせ • Oct 03AES Gener S.A. announced that it expects to receive $500 million in funding from Inversiones Cachagua Limitada and other investorsAES Gener S.A. (SNSE:AESGENER) announced a private placement of common shares for gross proceeds of $500 million on February 28, 2020. The transaction will include participation from The AES Corporation (NYSE:AES) through existing investor Inversiones Cachagua Limitada for $335 million and other investors. Post to the transaction, Inversiones Cachagua Limitada will continue to hold 66.7% stake in the company.
お知らせ • Sep 18Compañía Minera Teck Carmen de Andacollo S.A. and AES Gener S.A Enter into Long-Term Power Purchase AgreementTeck Resources Limited and The AES Corporation announced that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A. ("CdA”) and AES Gener S. A (“AES Gener”), have entered into a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile. Under the agreement, CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy. The transition to renewable power will replace previous fossil fuel power sources and eliminate approximately 200,000 tonnes of greenhouse gas (GHG) emissions annually, the equivalent to removing over 40,000 passenger vehicles from the road. The Carmen de Andacollo renewable power arrangement is in effect as of September 1, 2020 and will run through to the end of 2031.