Ameren Corporation

Ameren Corporation

AEEยทNYSE

$106.99

+0.72%
UtilitiesRegulated Electric

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. The company serves residential, commercial, and industrial customers. Ameren Corporation was founded in 1881 and is headquartered in St. Louis, Missouri.

At a Glance

Live Snapshot
Market Cap$29.61B
EPS5.3800
P/E Ratio19.89
Earnings Date07/30/2026
Ameren Corporation

Ameren Corporation Fair Value Envelope

AEE ยท NYSE

Our analysis suggests that AEE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $106.99, this represents a potential HIDDEN relative to our calculated worth for Ameren Corporation.

Intrinsic Value
Current Price: $106.99

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1,664.3B
+ Cash & Equivalents$13.0M
Firm Value$1,664.3B
- Debt$19.8B
Equity Value$1,644.5B
/ Shares Outstanding270,494,916B
DCF Value$6.1K
UNDERVALUED BY 5582%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$5.1B
$7.8B
$12.0B
$18.3B
$28.1B
$42.9B
$65.6B
$100.4B
$153.5B
$234.8B
Maintenance CapEx
-$1.3B
-$1.9B
-$3.0B
-$4.5B
-$6.9B
-$10.6B
-$16.2B
-$24.7B
-$37.8B
-$57.8B
Owner Earnings
$3.9B
$5.9B
$9.0B
$13.8B
$21.2B
$32.4B
$49.5B
$75.7B
$115.7B
$177.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$3.6B
$5.1B
$7.2B
$10.2B
$14.4B
$20.4B
$28.9B
$40.9B
$57.9B
$82.0B
Terminal Value represents 83.8% of Enterprise Value