With the U.N. Climate Change Conference, otherwise known as COP28, starting this week, we are reasserting our view that the market underappreciates utilities' critical role in limiting global warming.
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
|
NEE
|
AGR
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.76 | 18.37 | 21.07 |
Price/Book Value | 6.19 | 2.54 | 0.63 |
Price/Sales | 0.94 | 4.28 | 1.51 |
Price/Cash Flow | 4.14 | 10.80 | 8.08 |
|
Metric
|
AES
|
NEE
|
AGR
|
|---|---|---|---|
Quick Ratio | 0.46 | 0.23 | 0.38 |
Current Ratio | 0.83 | 0.50 | 0.78 |
Interest Coverage | 0.43 | 4.84 | 2.09 |
|
Metric
|
AES
|
NEE
|
AGR
|
|---|---|---|---|
Return on Assets (Normalized) | −1.59% | 3.89% | 1.42% |
Return on Equity (Normalized) | −34.34% | 15.01% | 3.02% |
Return on Invested Capital (Normalized) | −0.14% | 6.70% | 2.91% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
IBDSF
| Iberdrola SA | Tqxh | $78.4 Bil | |
IBDRY
| Iberdrola SA ADR | Lxlq | $78.4 Bil | |
ESOCF
| Enel SpA | Lsq | $73.0 Bil | |
ENLAY
| Enel SpA ADR | Vcfft | $73.0 Bil | |
SRE
| Sempra | Jxvwds | $44.6 Bil | |
ENGIY
| Engie SA ADR | Gqmw | $42.5 Bil | |
ENGQF
| Engie SA | Tyhz | $42.5 Bil | |
EONGY
| E.ON SE ADR | Ywxs | $34.8 Bil | |
ENAKF
| E.ON SE | Slwvf | $34.8 Bil |
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