Ameren (FRA:AE4) Moat Score: 7/10 (As of Jul. 03, 2026)


FRA:AE4 Ameren Corp FRA:AE4
81 GF Score
Price €97.82
GF Value €87.22
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Ameren Moat Score?

Ameren FRA:AE4 -0.57% 81 Moat Score is 7 as of Jul. 03, 2026. GuruFocus rates FRA:AE4 with a GF Score™ of 81/100 and a GF Value™ of €87.22 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 545 Utilities - Regulated companies, Ameren ranks better than 99.08% on this metric.

Ameren has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Ameren has Wide Moat: Ameren Corp benefits from significant regulatory barriers and exclusive licenses in the utility sector, providing a durable competitive advantage. Its strong distribution network and pricing power further support its wide moat status.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Ameren might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Ameren  (FRA:AE4) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Ameren Moat Score Related Terms

FRA:AE4 vs DTE, CNP, EIX: Moat Score Comparison

For the Utilities - Regulated Electric subindustry, Ameren's Moat Score, along with its competitors' market caps and Moat Score 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.

Ameren Moat Score vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ameren's Moat Score distribution charts can be found below:

* The bar in red indicates where Ameren's Moat Score falls into.


FRA:AE4
81GF Score
Ameren Corp FRA:AE4
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 7 mean?
Ameren (FRA:AE4) has a Moat Score of 7 as of Jul. 03, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Ameren ranks #5 out of 545 companies in the Utilities - Regulated industry, placing it in the top 0.90000000000001%.
Is Ameren's Moat Score too high?
Ameren's current Moat Score is 7. Based on the distribution chart, Ameren ranks #5 out of 545 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Ameren has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ameren's Moat Score compare to DTE and CNP?
According to the Utilities - Regulated industry distribution chart, Ameren ranks #5 out of 545 companies for Moat Score. This places Ameren in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Utilities - Regulated company?
A good Moat Score depends on the Utilities - Regulated industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Ameren's current Moat Score is 7. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameren stock overvalued right now?
Based on GuruFocus' analysis, Ameren (FRA:AE4) is currently considered Modestly Overvalued. The stock's GF Value™ is €87.22, compared to a current price of €97.82 — trading 12.2% above its estimated fair value. The current Moat Score is 7. Ameren's overall GF Score™ is 81/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Ameren (FRA:AE4), the current Moat Score is 7 as of Jul. 03, 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 Ameren (FRA:AE4) Overvalued in 2026?

Based on GuruFocus' analysis, Ameren stock appears to be overvalued. The current stock price of €97.82 is trading 12.2% above its estimated GF Value™ of €87.22. GuruFocus considers Ameren to be Modestly Overvalued.

Key valuation signals for FRA:AE4:

  • Moat Score: 7
  • GF Value™: €87.22 vs. price of €97.82 (12.2% above fair value)
  • GF Score™: 81/100 with 12 warning signs

No single metric tells the full story. See the FRA:AE4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ameren Business Description

Address 1901 Chouteau Avenue, St. Louis, MO, USA, 63103
Ameren owns rate-regulated generation, transmission, and distribution networks that deliver electricity and natural gas through the company's two main subsidiaries, Ameren Missouri and Ameren Illinois. It serves 2.5 million electricity customers and 900,000 natural gas customers across its two service territories.
81GF Score

Get the complete analysis for FRA:AE4

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€97.82
Price
€87.22
GF Value