Company Valuation: Ameren Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 22,930 22,988 19,021 23,794 27,012 29,348 - -
Change - 0.25% -17.25% 25.09% 13.52% 8.65% - -
Enterprise Value (EV) 1 36,534 38,073 35,502 42,509 46,829 51,496 54,177 56,685
Change - 4.21% -6.75% 19.74% 10.16% 9.97% 5.21% 4.63%
P/E 23.2x 21.5x 16.5x 20.2x 18.7x 19.6x 18.2x 16.7x
PBR 2.36x 2.22x 1.7x 1.99x 2.06x 2.02x 1.88x 1.74x
PEG - 2.75x 2.85x 22.12x 0.9x 22.05x 2.25x 1.89x
Capitalization / Revenue 3.59x 2.89x 2.54x 3.12x 3.07x 3.2x 3.02x 2.83x
EV / Revenue 5.71x 4.78x 4.73x 5.58x 5.32x 5.62x 5.57x 5.47x
EV / EBITDA 14.7x 13.6x 12.1x 13.7x 13x 12.8x 12.2x 11.5x
EV / EBIT 27.4x 25.1x 22.8x 28x 23.1x 22.3x 20.8x 19.1x
EV / FCF -28.3x -35x -34.4x -27.3x -60.4x -8.91x -7.35x -15.2x
FCF Yield -3.54% -2.86% -2.91% -3.66% -1.65% -11.2% -13.6% -6.59%
Dividend per Share 2 2.2 2.36 2.52 2.68 2.84 3.009 3.221 3.415
Rate of return 2.47% 2.65% 3.48% 3.01% 2.84% 2.84% 3.04% 3.22%
EPS 2 3.84 4.14 4.38 4.42 5.35 5.398 5.834 6.349
Distribution rate 57.3% 57% 57.5% 60.6% 53.1% 55.7% 55.2% 53.8%
Net sales 1 6,394 7,957 7,500 7,623 8,799 9,161 9,729 10,361
EBITDA 1 2,479 2,804 2,945 3,106 3,594 4,026 4,439 4,924
EBIT 1 1,333 1,515 1,558 1,516 2,026 2,312 2,609 2,963
Net income 1 990 1,074 1,152 1,182 1,456 1,493 1,650 1,844
Net Debt 1 13,604 15,085 16,481 18,715 19,817 22,148 24,829 27,337
Reference price 2 89.01 88.92 72.34 89.14 99.86 106.01 106.01 106.01
Nbr of stocks (in thousands) 2,57,606 2,58,522 2,62,945 2,66,928 2,70,495 2,76,843 - -
Announcement Date 17/02/22 15/02/23 22/02/24 13/02/25 11/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.66x5.62x12.8x2.84% 2.93TCr
37.07x6.33x17.08x1.65% 8.14TCr
13.07x5.59x11.97x4.23% 7.89TCr
13.03x1.46x7.61x5.74% 6.95TCr
16.75x6.47x13.89x3.12% 5.34TCr
16.3x1.12x9.3x3.31% 5.4TCr
20.1x2.65x9.26x2.23% 4.84TCr
64.79x21.22x36.1x0.23% 3.92TCr
15.96x5x9.74x4.57% 3.68TCr
17.38x4.84x12.7x3.65% 3.65TCr
Average 23.41x 6.03x 14.04x 3.16% 5.27TCr
Weighted average by Cap. 22.82x 5.59x 13.59x 3.25%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. AEE Stock
  4. Valuation Ameren Corporation