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Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 배당 및 자사주 매입배당 기준 점검 3/6AES Andes 은(는) 현재 수익률이 28.42% 인 배당금 지급 회사입니다.핵심 정보28.4%배당 수익률28.5%자사주 매입 수익률총 주주 수익률56.9%미래 배당 수익률28.4%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트Upcoming 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%).모든 업데이트 보기Recent 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.공시 • 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.공시 • 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)공시 • 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 Index공시 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공시 • 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.분석 기사 • 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...공시 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공시 • 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.공시 • 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.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: AESANDES 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: AESANDES 의 배당금 지급액은 지난 10 년 동안 감소했습니다.배당 수익률 vs 시장AES Andes 배당 수익률 vs 시장AESANDES의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (AESANDES)28.4%시장 하위 25% (CL)2.3%시장 상위 25% (CL)6.7%업계 평균 (Renewable Energy)6.3%분석가 예측 (AESANDES) (최대 3년)28.4%주목할만한 배당금: AESANDES 의 배당금( 28.42% )은 CL 시장에서 배당금 지급자의 하위 25%( 2.3% )보다 높습니다.고배당: AESANDES 의 배당금( 28.42% )은 CL 시장( 6.75% )주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 AESANDES 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 47.9% )로 AESANDES 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCL 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/04/25 12:29종가2024/04/25 00:00수익2023/12/31연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스AES Andes S.A.는 11명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Felipe MattarBarclaysLuiz Leite FilhoBofA Global ResearchFelipe LealBofA Global Research8명의 분석가 더 보기
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.
공시 • 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.
공시 • 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)
공시 • 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
공시 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공시 • 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.
분석 기사 • 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...
공시 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공시 • 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.
공시 • 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.