WallStSmart

The AES Corporation (AES)vsAlgonquin Power & Utilities Corp (AQN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

The AES Corporation generates 393% more annual revenue ($12.49B vs $2.53B). AES leads profitability with a 10.8% profit margin vs 6.7%. AES trades at a lower P/E of 7.7x. AES earns a higher WallStSmart Score of 71/100 (B).

AES

Strong Buy

71

out of 100

Grade: B

Growth: 6.0Profit: 7.0Value: 6.0Quality: 2.5
Piotroski: 2/9Altman Z: 0.48

AQN

Buy

52

out of 100

Grade: C-

Growth: 3.3Profit: 5.0Value: 7.0Quality: 4.0
Piotroski: 5/9Altman Z: 0.34
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AESSignificantly Overvalued (-44.1%)

Margin of Safety

-44.1%

Fair Value

$11.41

Current Price

$14.67

$3.26 premium

UndervaluedFair: $11.41Overvalued
AQNUndervalued (+70.3%)

Margin of Safety

+70.3%

Fair Value

$22.27

Current Price

$6.01

$16.26 discount

UndervaluedFair: $22.27Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AES4 strengths · Avg: 9.5/10
P/E RatioValuation
7.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
30.3%10/10

Every $100 of equity generates 30 in profit

EPS GrowthGrowth
951.0%10/10

Earnings expanding 951.0% YoY

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

AQN2 strengths · Avg: 9.0/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
22.6%8/10

Strong operational efficiency at 22.6%

Areas to Watch

AES4 concerns · Avg: 2.0/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Free Cash FlowQuality
$-565.00M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.482/10

Distress zone — elevated risk

Debt/EquityHealth
7.011/10

Elevated debt levels

AQN4 concerns · Avg: 2.8/10
Return on EquityProfitability
3.6%3/10

ROE of 3.6% — below average capital efficiency

Profit MarginProfitability
6.7%3/10

6.7% margin — thin

Debt/EquityHealth
1.443/10

Elevated debt levels

EPS GrowthGrowth
-10.7%2/10

Earnings declined 10.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : AES

The strongest argument for AES centers on P/E Ratio, Return on Equity, EPS Growth. PEG of 1.09 suggests the stock is reasonably priced for its growth.

Bull Case : AQN

The strongest argument for AQN centers on Price/Book, Operating Margin. Revenue growth of 14.4% demonstrates continued momentum.

Bear Case : AES

The primary concerns for AES are Piotroski F-Score, Free Cash Flow, Altman Z-Score. Debt-to-equity of 7.01 is elevated, increasing financial risk.

Bear Case : AQN

The primary concerns for AQN are Return on Equity, Profit Margin, Debt/Equity.

Key Dynamics to Monitor

AES carries more volatility with a beta of 0.95 — expect wider price swings.

AQN is growing revenue faster at 14.4% — sustainability is the question.

AQN generates stronger free cash flow (-85M), providing more financial flexibility.

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

Bottom Line

AES scores higher overall (71/100 vs 52/100). AQN offers better value entry with a 70.3% margin of safety. Both earn "Strong 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.

The AES Corporation

UTILITIES · UTILITIES - DIVERSIFIED · USA

The AES Corporation is a Fortune 500 company that generates and distributes electrical power. AES is headquartered in Arlington, Virginia.

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Algonquin Power & Utilities Corp

UTILITIES · UTILITIES - DIVERSIFIED · USA

Algonquin Power & Utilities Corp. The company is headquartered in Oakville, Canada.

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