White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission.
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Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution business and natural gas transmission and distribution business. The company also generates electricity through coal, nuclear, and natural gas, as well as renewable energy, including hydroelectric, wind, methane gas, and solar energy centers. It serves residential, commercial, and industrial customers. Ameren Corporation was founded in 1881 and is headquartered in Saint Louis, Missouri.
Ameren Corporation (A1EE34) currently trades at R$266.00, while our model-based Fair Value estimate is R$118.77, 55.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of R$216.31 per share, and 1 of the 14 models we run sit above the R$266.00 price.
Bear case: the Earnings-Based group reads lowest at R$78.30, and 13 of the 14 models stay below the price. Evidence for this calculation is high.
Scenario range: R$107.95 (bear) to R$145.58 (bull), the price of R$266.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Ameren Corporation reported revenue of $8.8B in FY2025 versus $6.4B in FY2021, a compound +8.3%/yr. Reported net income was $1.5B in FY2025, compounding +10.1%/yr from FY2021.
Key figures
Market cap R$149B (≈ $28.5B) · P/E ratio 18.5 · P/S ratio 3.06 · EPS (TTM) R$14.40 · Dividend yield 1.1% · Net margin 16.5% · Return on equity 11.8% · Return on assets (EBIT) 3.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −31% fair-value upside, at −55%, A1EE34 screens richer than that median.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (R$8.71 per share) are deliberately not added.
Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.
Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income
R$114.35
R$129.04
R$165.51
73
EPV
n/a
n/a
R$17.78
65
ROIC Compounder
n/a
n/a
R$17.78
65
All 16 models by family
Earnings-Based
Graham-Dodd
R$93.41
R$267.30
R$352.39
62
Lynch FV
R$54.81
R$78.30
R$101.79
58
PEG = 1.0
R$54.81
R$78.30
R$101.79
55
EPV
n/a
n/a
R$17.78
65
Dividend Discount
Gordon GGM
R$66.53
R$138.33
R$219.45
63
DDM Multi-Stage
R$66.53
R$106.13
R$145.19
63
Multiples
P/E Multiple
R$185.45
R$247.27
R$309.09
63
P/S Multiple
R$155.66
R$207.55
R$259.43
58
P/B Multiple
R$170.69
R$227.59
R$284.49
55
EV/EBIT
R$44.17
R$116.14
R$188.10
61
EV/EBITDA
R$86.27
R$172.27
R$258.27
64
EV/Revenue
n/a
R$35.82
R$98.08
50
Asset-Based
NCAV (Graham)
R$63.22
R$84.71
R$126.44
54
Economic Profit
Residual Income
R$114.35
R$129.04
R$165.51
73
ROIC Compounder
n/a
n/a
R$17.78
65
Growth Earnings
Growth-Adj P/E
R$151.42
R$216.31
R$281.21
65
Open the full fair value analysis →
Overall quality
44/100
Of which business quality 45
· Market factors (momentum, volatility) 52
Profitability
34
Margins and returns on capital today
Quality Growth
55
Are margins and returns improving?
Cashflow
50
Earnings quality: real cash, not paper profit
Fin. Strength
36
Balance sheet, leverage, solvency risk
Investment
38
Disciplined investing over empire-building
Low Volatility
100
Calm price path (market factor)
Momentum
39
Price trend over the last 3–12 months (market factor)
52W Momentum
21
Distance to the 52-week high (market factor)
Net Issuance
61
Share count: buybacks or dilution?
Open the full quality analysis →
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate.
Pick a strategy and jump into the live analysis with that exact screen applied.
Is Ameren Corporation (A1EE34) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of R$118.77 versus a price of R$266.00, about −55% upside (overvalued).
What is the fair value of A1EE34?
Our model-based fair value for Ameren Corporation is R$118.77 (as of Sep 29, 2026), built from audited fundamentals. The current price: R$266.00.
What is the quality score of A1EE34?
Ameren Corporation has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Ameren Corporation (A1EE34)?
Our model-based price target is the fair value of R$118.77 (as of Sep 29, 2026) from 16 valuation models. Cautious scenario R$107.95, optimistic scenario R$145.58. It is a calculation from audited fundamentals, not an analyst target.
What is the Ameren Corporation stock forecast for 2026?
Our models put fair value at R$118.77, about −55% upside versus a price of R$266.00 (overvalued). Cautious scenario R$107.95, optimistic scenario R$145.58. The calculation is refreshed regularly with new filings.
What is the revenue of Ameren Corporation (A1EE34)?
Ameren Corporation reported trailing-twelve-month revenue of about $8.5B (latest available figure, as of Sep 29, 2026).
Does Ameren Corporation pay a dividend?
Ameren Corporation currently shows a dividend yield of about 1.08% relative to its recent price (as of Sep 29, 2026).
What is the intrinsic value of Ameren Corporation (A1EE34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ameren Corporation it is R$118.77 per share (as of Sep 29, 2026), against a price of R$266.00. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Ameren Corporation stock overvalued or undervalued in 2026?
As of Sep 29, 2026, A1EE34 trades above its calculated fair value: price R$266.00, fair value R$118.77, a gap of about −55% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of A1EE34?
No. The price is what the market pays today (R$266.00); the fair value is what the company's own numbers justify (R$118.77). For Ameren Corporation the two are R$147.23 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ameren Corporation worth?
The market values Ameren Corporation at about R$149B (market capitalisation, as of Sep 29, 2026). Per share that is R$266.00; our models calculate a fair value of R$118.77 per share.
What do the bullish and bearish scenarios say about A1EE34?
Our models span a range for Ameren Corporation: cautious scenario R$107.95, base R$118.77, optimistic R$145.58 per share (as of Sep 29, 2026, price R$266.00). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is A1EE34 from its 52-week high?
Ameren Corporation trades at R$266.00, about 5% below its 52-week high of R$280.58 and 1% above the low of R$264.56 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of R$118.77 is for.
Which stocks are comparable to Ameren Corporation?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, American Electric Power Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ameren Corporation stock attractive at the current price?
The data as of Sep 29, 2026: price R$266.00, calculated fair value R$118.77 (−55%), Quality Score 44/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of A1EE34 calculated?
We run Ameren Corporation through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$118.77, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Ameren Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on
is it worth investing now.
What is the share price of Ameren Corporation (A1EE34)?
The closing price on Oct 1, 2026 was R$266.00. Our model-based fair value is R$118.77, about −55% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ameren Corporation right now?
The price sits above even our optimistic bull case (R$145.58). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Ameren Corporation
How large is the market capitalisation of Ameren Corporation (A1EE34)?
The market capitalisation of Ameren Corporation is R$149B (≈ $28.5B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Ameren Corporation (A1EE34)?
The price-to-earnings ratio of Ameren Corporation is 18.5. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Ameren Corporation (A1EE34)?
The price-to-sales ratio of Ameren Corporation is 3.06 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ameren Corporation (A1EE34)?
Earnings per share at Ameren Corporation are R$14.40 (price ÷ EPS = P/E 18.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ameren Corporation (A1EE34)?
The dividend yield of Ameren Corporation is 1.1% (payout 20.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ameren Corporation (A1EE34)?
The net margin of Ameren Corporation is 16.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ameren Corporation (A1EE34)?
The return on equity (ROE) of Ameren Corporation is 11.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ameren Corporation (A1EE34)?
On an EBIT basis the return on assets of Ameren Corporation is 3.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ameren Corporation (A1EE34)?
The operating margin of Ameren Corporation is 27.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ameren Corporation (A1EE34)?
Revenue at Ameren Corporation is growing +3.7% versus a year earlier (3y avg +3.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ameren Corporation (A1EE34)?
Earnings per share at Ameren Corporation are growing +19.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Ameren Corporation (A1EE34) generate?
The free cash flow of Ameren Corporation is −$821M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Ameren Corporation (A1EE34) carry?
The net debt of Ameren Corporation is $19.8B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
