WallStSmart

Ameren Corp (AEE)vsNational Grid PLC ADR (NGG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

National Grid PLC ADR generates 106% more annual revenue ($17.48B vs $8.47B). AEE leads profitability with a 17.2% profit margin vs 16.4%. NGG appears more attractively valued with a PEG of 1.09. AEE earns a higher WallStSmart Score of 60/100 (C+).

AEE

Buy

60

out of 100

Grade: C+

Growth: 4.7Profit: 7.0Value: 7.3Quality: 5.0

NGG

Buy

50

out of 100

Grade: C-

Growth: 2.0Profit: 6.5Value: 7.3Quality: 5.5
Piotroski: 4/9Altman Z: 1.24
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AEEUndervalued (+47.9%)

Margin of Safety

+47.9%

Fair Value

$203.30

Current Price

$106.06

$97.24 discount

UndervaluedFair: $203.30Overvalued
NGGSignificantly Overvalued (-234.1%)

Margin of Safety

-234.1%

Fair Value

$27.13

Current Price

$81.99

$54.86 premium

UndervaluedFair: $27.13Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AEE2 strengths · Avg: 8.0/10
Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Operating MarginProfitability
24.6%8/10

Strong operational efficiency at 24.6%

NGG2 strengths · Avg: 8.5/10
Market CapQuality
$85.04B9/10

Large-cap with strong market position

Operating MarginProfitability
24.1%8/10

Strong operational efficiency at 24.1%

Areas to Watch

AEE3 concerns · Avg: 2.0/10
PEG RatioValuation
2.712/10

Expensive relative to growth rate

Revenue GrowthGrowth
-8.8%2/10

Revenue declined 8.8%

Free Cash FlowQuality
$-80.00M2/10

Negative free cash flow — burning cash

NGG4 concerns · Avg: 3.0/10
Price/BookValuation
8.2x4/10

Trading at 8.2x book value

Return on EquityProfitability
7.9%3/10

ROE of 7.9% — below average capital efficiency

Debt/EquityHealth
1.233/10

Elevated debt levels

Revenue GrowthGrowth
-11.3%2/10

Revenue declined 11.3%

Comparative Analysis Report

WallStSmart Research

Bull Case : AEE

The strongest argument for AEE centers on Price/Book, Operating Margin. Profitability is solid with margins at 17.2% and operating margin at 24.6%.

Bull Case : NGG

The strongest argument for NGG centers on Market Cap, Operating Margin. Profitability is solid with margins at 16.4% and operating margin at 24.1%. PEG of 1.09 suggests the stock is reasonably priced for its growth.

Bear Case : AEE

The primary concerns for AEE are PEG Ratio, Revenue Growth, Free Cash Flow.

Bear Case : NGG

The primary concerns for NGG are Price/Book, Return on Equity, Debt/Equity.

Key Dynamics to Monitor

NGG carries more volatility with a beta of 0.61 — expect wider price swings.

AEE is growing revenue faster at -8.8% — sustainability is the question.

AEE generates stronger free cash flow (-80M), providing more financial flexibility.

Monitor UTILITIES - REGULATED ELECTRIC industry trends, competitive dynamics, and regulatory changes.

Bottom Line

AEE scores higher overall (60/100 vs 50/100), backed by strong 17.2% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Ameren Corp

UTILITIES · UTILITIES - REGULATED ELECTRIC · USA

Ameren Corporation is an American power company created December 31, 1997, by the merger of St. Louis, Missouri's Union Electric Company (formerly NYSE: UEP) and the neighboring Central Illinois Public Service Company (CIPSCO Inc. holding, formerly NYSE: CIP) of Springfield, Illinois. It is now a holding company for several power companies and energy companies.

National Grid PLC ADR

UTILITIES · UTILITIES - REGULATED ELECTRIC · USA

National Grid plc transmits and distributes electricity and natural gas. The company is headquartered in London, the United Kingdom.

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