CEO Andres Gluski has narrowed AES’ geographic and business focus by selling businesses in markets where the company did not have a strong platform or competitive advantage. We think his strategy has been in the best interest of shareholders. The company now has operations in fewer countries, a stronger balance sheet, and a rapidly growing renewable energy business.
AES has utility and generation assets in many countries. This diversification reduces country- and region-specific risk.
AES faces above-average political risk with a significant portion of earnings from businesses or projects in developing countries.
|
Metric
|
AES
|
FE
|
AGR
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.46 | 14.98 | 24.54 |
Price/Book Value | 6.78 | 2.10 | 0.73 |
Price/Sales | 0.94 | 1.70 | 1.73 |
Price/Cash Flow | 4.37 | 12.31 | 8.20 |
|
Metric
|
AES
|
FE
|
AGR
|
|---|---|---|---|
Quick Ratio | 0.33 | 0.32 | 0.32 |
Current Ratio | 0.68 | 0.48 | 0.65 |
Interest Coverage | 0.66 | 2.43 | 2.60 |
|
Metric
|
AES
|
FE
|
AGR
|
|---|---|---|---|
Return on Assets (Normalized) | 4.00% | 2.64% | 1.92% |
Return on Equity (Normalized) | 99.07% | 11.99% | 4.15% |
Return on Invested Capital (Normalized) | 7.33% | 6.06% | 3.63% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
IBDRY
| Iberdrola SA ADR | Y | Zgfq | $76.8 Bil | |
IBDSF
| Iberdrola SA | — | Qgr | $75.8 Bil | |
ESOCF
| Enel SpA | Lqtmwmhb | Vnkm | $65.5 Bil | |
ENLAY
| Enel SpA ADR | Kzssngrb | Tsxb | $65.5 Bil | |
SRE
| Sempra | Wqpqjqk | Dyxhdq | $45.0 Bil | |
ENGIY
| Engie SA ADR | — | Rcyv | $41.3 Bil | |
ENGQF
| Engie SA | — | Gvtc | $40.9 Bil | |
EONGY
| E.ON SE ADR | Zbrvhxbn | Mgdn | $34.7 Bil | |
ENAKF
| E.ON SE | — | Kypb | $34.7 Bil |
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