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AES - The AES Corporation

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The AES Corporation

AES

NYSE

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.

12.28 USD

0.45 (3.66%)

Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

9.66B

11.14B

12.62B

12.67B

12.28B

13.07B

13.92B

14.82B

15.78B

16.8B

Revenue %

-

15.33

13.25

0.4

-3.08

6.48

6.48

6.48

6.48

Operating Cash Flow

2.75B

1.9B

2.71B

3.03B

2.75B

2.97B

3.16B

3.36B

3.58B

3.81B

Operating Cash Flow %

28.52

17.07

21.52

23.95

22.41

22.69

22.69

22.69

22.69

Cap Ex

-1.9B

-2.12B

-4.55B

-7.72B

-7.39B

-5.12B

-5.45B

-5.81B

-6.18B

-6.58B

Cap Ex %

-19.67

-18.99

-36.07

-60.97

-60.21

-39.18

-39.18

-39.18

-39.18

Free Cash Flow

855M

-214M

-1.84B

-4.69B

-4.64B

-2.16B

-2.29B

-2.44B

-2.6B

-2.77B

Weighted Average Cost Of Capital

Price

12.28

Beta

Diluted Shares Outstanding

713M

Costof Debt

4.02

Tax Rate

After Tax Cost Of Debt

4.02

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

6.2B

Total Equity

8.76B

Total Capital

14.96B

Debt Weighting

41.46

Equity Weighting

58.54

Wacc

6.09

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

9.66B

11.14B

12.62B

12.67B

12.28B

13.07B

13.92B

14.82B

15.78B

16.8B

Operating Cash Flow

2.75B

1.9B

2.71B

3.03B

2.75B

2.97B

3.16B

3.36B

3.58B

3.81B

Cap Ex

-1.9B

-2.12B

-4.55B

-7.72B

-7.39B

-5.12B

-5.45B

-5.81B

-6.18B

-6.58B

Free Cash Flow

855M

-214M

-1.84B

-4.69B

-4.64B

-2.16B

-2.29B

-2.44B

-2.6B

-2.77B

Wacc

6.09

6.09

6.09

6.09

6.09

Pv Lfcf

-2.03B

-2.04B

-2.05B

-2.05B

-2.06B

Sum Pv Lfcf

-10.23B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

6.09

Free Cash Flow T1

-2.85B

Terminal Value

-89.28B

Present Terminal Value

-66.42B

Intrinsic Value

Enterprise Value

-76.65B

Net Debt

5.94B

Equity Value

-82.59B

Diluted Shares Outstanding

713M

Equity Value Per Share

-115.83

Projected DCF

-115.83 1.106%

DCF Levered

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