AES Corp (NYSE:AES)

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Price: 17.08 USD 0.47%

Market Cap: 12.1B USD

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Section:

Relative Value

The Relative Value of one AES stock under the Base Case scenario is 49.41 USD. Compared to the current market price of 17.08 USD, AES Corp is Undervalued by 65%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

AES Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

P/S

vs History	79
vs Industry	60

Median 5Y

1.2

Industry

1.7

Forward

0.9

More Details

22.9

P/E

vs History	39
vs Industry	21

Median 5Y

-18.2

Industry

15.4

Forward

8.8

More Details

4.5

P/OCF

vs History	68
vs Industry	58

Median 5Y

Industry

7.1

More Details

19.8

P/FCFE

vs History	28
vs Industry	23

Median 5Y

7.8

Industry

13.6

More Details

4.2

P/B

vs History	73
vs Industry	9

Median 5Y

4.7

Industry

1.4

More Details

2.8

EV/S

vs History	52
vs Industry	45

Median 5Y

2.8

Industry

2.8

Forward

2.7

More Details

13.9

EV/GP

vs History	25
vs Industry	22

Median 5Y

12.5

Industry

7.6

More Details

10.1

EV/EBITDA

vs History	22
vs Industry	42

Median 5Y

Industry

10.5

Forward

10.2

More Details

15.2

EV/EBIT

vs History	14
vs Industry	38

Median 5Y

13.2

Industry

14.9

Forward

13.5

More Details

EV/OCF

vs History	46
vs Industry	34

Median 5Y

12.8

Industry

11.1

More Details

Negative

EV/FCFF

vs History
vs Industry	13

Median 5Y

-11

Industry

16.3

More Details

0.8

EV/IC

vs History	87
vs Industry	50

Median 5Y

0.9

Industry

0.9

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US		AES Corp NYSE:AES	12.1B USD	1	22.9	10.1	15.2
DE		Uniper SE XETRA:UN01	562.9B EUR	2.1	-29.7	-142.5	-87.5
SA		ACWA Power Co SAU:2082	284.5B SAR	46.1	149.4	114.5	139.2
IN		NTPC Ltd NSE:NTPC	4T INR	2.2	18.5	11.3	16.5
US		Vistra Corp NYSE:VST	43.5B USD	3.1	91.3	14.1	31.1
CN		CGN Power Co Ltd SZSE:003816	212.1B CNY	2.6	19.5	15.6	15.6
CN		China National Nuclear Power Co Ltd SSE:601985	199B CNY	2.6	19.1	17	17
IN		Adani Power Ltd NSE:ADANIPOWER	2.3T INR	4.2	14.2	11.8	14.6
TH	G	Gulf Energy Development PCL SET:GULF	780.3B THB	6.6	47.7	42	51.6
CN		SDIC Power Holdings Co Ltd SSE:600886	118B CNY	2.1	17	14	14
CN		Huaneng Power International Inc SSE:600011	102.2B CNY	0.4	15.4	16.1	16.1

				Revenue Growth
US		AES Corp NYSE:AES	Average P/S: 6.6 1	8%
DE		Uniper SE XETRA:UN01	2.1	-1%
SA		ACWA Power Co SAU:2082	46.1	69%
IN		NTPC Ltd NSE:NTPC	2.2	22%
US		Vistra Corp NYSE:VST	3.1	34%
CN		CGN Power Co Ltd SZSE:003816	2.6	18%
CN		China National Nuclear Power Co Ltd SSE:601985	2.6	25%
IN		Adani Power Ltd NSE:ADANIPOWER	4.2	N/A
TH	G	Gulf Energy Development PCL SET:GULF	6.6	30%
CN		SDIC Power Holdings Co Ltd SSE:600886	2.1	20%
CN		Huaneng Power International Inc SSE:600011	0.4	3%

				Earnings Growth
US		AES Corp NYSE:AES	Average P/E: 41.5 22.9	520%
DE		Uniper SE XETRA:UN01	Negative Multiple: -29.7	N/A
SA		ACWA Power Co SAU:2082	149.4	67%
IN		NTPC Ltd NSE:NTPC	18.5	24%
US		Vistra Corp NYSE:VST	91.3	130%
CN		CGN Power Co Ltd SZSE:003816	19.5	26%
CN		China National Nuclear Power Co Ltd SSE:601985	19.1	29%
IN		Adani Power Ltd NSE:ADANIPOWER	14.2	N/A
TH	G	Gulf Energy Development PCL SET:GULF	47.7	56%
CN		SDIC Power Holdings Co Ltd SSE:600886	17	43%
CN		Huaneng Power International Inc SSE:600011	15.4	90%

				EBITDA Growth
US		AES Corp NYSE:AES	Average EV/EBITDA: 26.7 10.1	13%
DE		Uniper SE XETRA:UN01	Negative Multiple: -142.5	N/A
SA		ACWA Power Co SAU:2082	114.5	118%
IN		NTPC Ltd NSE:NTPC	11.3	33%
US		Vistra Corp NYSE:VST	14.1	38%
CN		CGN Power Co Ltd SZSE:003816	15.6	85%
CN		China National Nuclear Power Co Ltd SSE:601985	17	105%
IN		Adani Power Ltd NSE:ADANIPOWER	11.8	N/A
TH	G	Gulf Energy Development PCL SET:GULF	42	55%
CN		SDIC Power Holdings Co Ltd SSE:600886	14	119%
CN		Huaneng Power International Inc SSE:600011	16.1	206%

				EBIT Growth
US		AES Corp NYSE:AES	Average EV/EBIT: 33.1 15.2	35%
DE		Uniper SE XETRA:UN01	Negative Multiple: -87.5	N/A
SA		ACWA Power Co SAU:2082	139.2	120%
IN		NTPC Ltd NSE:NTPC	16.5	51%
US		Vistra Corp NYSE:VST	31.1	53%
CN		CGN Power Co Ltd SZSE:003816	15.6	19%
CN		China National Nuclear Power Co Ltd SSE:601985	17	21%
IN		Adani Power Ltd NSE:ADANIPOWER	14.6	N/A
TH	G	Gulf Energy Development PCL SET:GULF	51.6	75%
CN		SDIC Power Holdings Co Ltd SSE:600886	14	29%
CN		Huaneng Power International Inc SSE:600011	16.1	39%

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AES Corp
NYSE:AES

Relative Value

Valuation Multiples

Multiples Across Competitors

AES Competitors Multiples
AES Corp Competitors

See Also

Company

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52 Week Range	14.3688 21.77
Price Target

AES Corp NYSE:AES

Relative Value

Valuation Multiples

Multiples Across Competitors

AES Competitors Multiples AES Corp Competitors

See Also

Company

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AES Corp
NYSE:AES

AES Competitors Multiples
AES Corp Competitors