The AES Corporation

The AES Corporation

AESยทNYSE

$14.73

+0.14%
UtilitiesIndependent Power Producers

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 31,459 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

At a Glance

Live Snapshot
Market Cap$10.50B
EPS1.2600
P/E Ratio11.69
Earnings Date07/30/2026
The AES Corporation

The AES Corporation Fair Value Envelope

AES ยท NYSE

Our analysis suggests that AES has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.73, this represents a potential HIDDEN relative to our calculated worth for The AES Corporation.

Intrinsic Value
Current Price: $14.73

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$4,297.0B
+ Cash & Equivalents$2.1B
Firm Value$4,299.0B
- Debt$30.3B
Equity Value$4,268.7B
/ Shares Outstanding712,029,161B
DCF Value$6.0K
UNDERVALUED BY 40600%

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
$7.1B
$11.7B
$19.4B
$31.9B
$52.7B
$87.0B
$143.5B
$236.8B
$390.8B
$644.9B
Maintenance CapEx
-$2.0B
-$3.2B
-$5.3B
-$8.8B
-$14.5B
-$23.9B
-$39.5B
-$65.2B
-$107.6B
-$177.6B
Owner Earnings
$5.1B
$8.5B
$14.0B
$23.1B
$38.2B
$63.0B
$104.0B
$171.6B
$283.2B
$467.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$4.8B
$7.3B
$11.1B
$17.0B
$26.0B
$39.7B
$60.7B
$92.7B
$141.7B
$216.4B
Terminal Value represents 85.6% of Enterprise Value