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The AESAES +0.20%75 EV-to-EBITDA is 11.95 as of Aug. 08, 2026, which is 7% below its 10-year median of 12.88. GuruFocus rates AES with a GF Score™ of 75/100 and a GF Value™ of $15.29 (Fairly Valued). The stock has 9 warning signs investors should review. Among 468 Utilities - Regulated companies, The AES ranks worse than 64.1% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, The AES's enterprise value is $45,603 Mil.
The AES's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $3,816 Mil. Therefore, The AES's EV-to-EBITDA for today is 11.95.
The historical rank and industry rank for The AES's EV-to-EBITDA or its related term are showing as below:
AES'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.09 Med: 12.88 Max: 40.27
Current: 11.95
During the past 13 years, the highest EV-to-EBITDA of The AES was 40.27. The lowest was 7.09. And the median was 12.88.
AES's EV-to-EBITDA is ranked worse than 64.1% of 468
companies
in the Utilities - Regulated industry
Industry Median: 9.85
vs AES: 11.95
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
The AES's share price for today is $14.73.
The AES's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.620.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for The AES's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Diversified subindustry, The AES's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The AES EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, The AES's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The AES's EV-to-EBITDA falls into.
The AES's current Enterprise Value is $45,603 Mil.
The AES's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,816 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The AES (AES) has a EV-to-EBITDA of 11.95 as of Aug. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The AES. This is near median its historical median of 12.88. Over the past decade, The AES's EV-to-EBITDA has ranged from 7.09 to 40.27. According to the industry distribution chart, The AES ranks #300 out of 468 companies in the Utilities - Regulated industry, placing it in the top 64.1%.
Is The AES's EV-to-EBITDA too high?
The AES's current EV-to-EBITDA of 11.95 is near median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 7.09 to a high of 40.27. The Utilities - Regulated industry median EV-to-EBITDA is 9.85. The AES's value of 11.95 is 21.3% above this industry median. Based on the distribution chart, The AES ranks #300 out of 468 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, The AES has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The AES's EV-to-EBITDA compare to AVA and UTL?
According to the Utilities - Regulated industry distribution chart, The AES ranks #300 out of 468 companies for EV-to-EBITDA. This places The AES in the lower half of its industry. The industry median EV-to-EBITDA is 9.85. The AES's value of 11.95 is 21.3% above this benchmark. Historically, The AES's own EV-to-EBITDA has ranged from 7.09 to 40.27 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 9.85, The AES has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.85, based on 468 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The AES's current EV-to-EBITDA of 11.95 is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on The AES. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The AES's current EV-to-EBITDA is 11.95, which is near median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The AES stock overvalued right now?
Based on GuruFocus' analysis, The AES (AES) is currently considered Fairly Valued. The stock's GF Value™ is $15.29, compared to a current price of $14.73 — trading 3.7% below its estimated fair value. The current EV-to-EBITDA is 11.95, which is near median its 10-year median of 12.88 and 21.3% above the Utilities - Regulated industry median of 9.85. The AES's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For The AES (AES), the current EV-to-EBITDA is 11.95 as of Aug. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The AES (AES) Overvalued in 2026?
Based on GuruFocus' analysis, The AES stock appears to be undervalued.
The current stock price of $14.73 is trading 3.7% below its estimated GF Value™ of $15.29.
GuruFocus considers The AES to be Fairly Valued.
Key valuation signals for AES:
EV-to-EBITDA: 11.95 (near median its 10-year median of 12.88)
GF Value™: $15.29 vs. price of $14.73 (3.7% below fair value)
Industry Position: 21.3% above the Utilities - Regulated median (#300 of 468)
No single metric tells the full story. See the AES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AES is a global power company that operates in 15 countries. Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and operates numerous electric utilities.
75GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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