Ameren Corporation

NYSE:AEE Stock Report

Market Cap: US$25.1b

Ameren Valuation

Is AEE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AEE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$92.98
Fair Value
3.5% overvalued intrinsic discount
15
Number of Analysts

Below Fair Value: AEE ($96.24) is trading above our estimate of fair value ($92.98)

Significantly Below Fair Value: AEE is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AEE?

Key metric: As AEE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AEE. This is calculated by dividing AEE's market cap by their current earnings.
What is AEE's PE Ratio?
PE Ratio22.7x
EarningsUS$1.13b
Market CapUS$25.14b

Price to Earnings Ratio vs Peers

How does AEE's PE Ratio compare to its peers?

The above table shows the PE ratio for AEE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21x
CNP CenterPoint Energy
22.4x9.4%US$21.2b
ED Consolidated Edison
17.5x7.9%US$32.4b
WEC WEC Energy Group
24.5x10.8%US$31.3b
CMS CMS Energy
19.7x7.9%US$20.3b
AEE Ameren
22.7x9.6%US$25.1b

Price-To-Earnings vs Peers: AEE is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the peer average (21x).

Price to Earnings Ratio vs Industry

How does AEE's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
AEE 22.7xIndustry Avg. 16.8xNo. of Companies7PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AEE is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the Global Integrated Utilities industry average (16.8x).

Price to Earnings Ratio vs Fair Ratio

What is AEE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AEE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.7x
Fair PE Ratio20.2x

Price-To-Earnings vs Fair Ratio: AEE is expensive based on its Price-To-Earnings Ratio (22.7x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AEE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$96.24
US$92.69
-3.7%
8.8%US$106.00US$80.00n/a15
Jan ’26US$89.14
US$90.94
+2.0%
7.7%US$99.00US$79.12n/a15
Dec ’25US$94.39
US$89.54
-5.1%
7.2%US$98.00US$79.12n/a15
Nov ’25US$85.88
US$88.54
+3.1%
8.0%US$98.00US$79.00n/a15
Oct ’25US$87.50
US$85.67
-2.1%
8.1%US$97.00US$75.00n/a15
Sep ’25US$82.51
US$83.22
+0.9%
6.3%US$92.00US$75.00n/a14
Aug ’25US$81.26
US$79.39
-2.3%
4.8%US$87.00US$74.00n/a13
Jul ’25US$70.75
US$77.93
+10.1%
3.7%US$83.00US$72.00n/a12
Jun ’25US$73.37
US$77.82
+6.1%
3.7%US$83.00US$72.00n/a13
May ’25US$74.49
US$76.35
+2.5%
4.6%US$82.00US$69.00n/a13
Apr ’25US$73.24
US$76.51
+4.5%
4.3%US$82.00US$69.00n/a13
Mar ’25US$71.32
US$76.20
+6.8%
4.4%US$82.00US$69.00n/a13
Feb ’25US$70.70
US$76.67
+8.4%
4.9%US$84.00US$71.00n/a12
Jan ’25US$72.34
US$77.67
+7.4%
6.2%US$86.00US$71.00US$89.1412
Dec ’24US$78.97
US$83.00
+5.1%
5.0%US$89.00US$75.00US$94.3913
Nov ’24US$76.84
US$84.31
+9.7%
7.6%US$97.00US$75.00US$85.8813
Oct ’24US$74.83
US$88.23
+17.9%
5.7%US$97.00US$80.00US$87.5013
Sep ’24US$78.45
US$88.15
+12.4%
5.8%US$97.00US$80.00US$82.5113
Aug ’24US$84.64
US$91.83
+8.5%
5.2%US$101.00US$85.00US$81.2612
Jul ’24US$81.67
US$91.67
+12.2%
5.1%US$101.00US$86.00US$70.7512
Jun ’24US$80.36
US$93.64
+16.5%
6.1%US$102.00US$86.00US$73.3711
May ’24US$89.63
US$94.45
+5.4%
5.0%US$102.00US$86.00US$74.4911
Apr ’24US$86.39
US$91.82
+6.3%
4.4%US$97.00US$84.00US$73.2411
Mar ’24US$81.04
US$93.08
+14.9%
4.2%US$100.00US$86.00US$71.3212
Feb ’24US$87.29
US$93.58
+7.2%
4.6%US$101.00US$85.00US$70.7012
Jan ’24US$88.92
US$92.58
+4.1%
6.9%US$101.00US$82.00US$72.3412
Analyst Price Target
Consensus Narrative from 15 Analysts
US$92.69
Fair Value
3.8% overvalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 00:18
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ameren Corporation is covered by 27 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays