The AES (FRA:AES) Moat Score: 6/10 (As of Jul. 04, 2026)


FRA:AES The AES Corp FRA:AES
76 GF Score
Price €12.70
GF Value €13.03
Valuation Fairly Valued
! 9 Warning Signs
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What is The AES Moat Score?

The AES FRA:AES -0.78% 76 Moat Score is 6 as of Jul. 04, 2026. GuruFocus rates FRA:AES with a GF Score™ of 76/100 and a GF Value™ of €13.03 (Fairly Valued). The stock has 9 warning signs investors should review. Among 545 Utilities - Regulated companies, The AES ranks better than 93.03% on this metric.

The AES has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

The AES has Narrow Moat: The AES Corp benefits from economies of scale and a strong market position in the energy sector. It has a solid distribution network and some regulatory advantages, but lacks the significant pricing power and innovation needed for a wide moat classification.

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 The AES might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

The AES  (FRA:AES) 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

The AES Moat Score Related Terms

FRA:AES vs AVA, UTL, SRE: Moat Score Comparison

For the Utilities - Diversified subindustry, The AES'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.

The AES Moat Score vs Utilities - Regulated Industry

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

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


FRA:AES
76GF Score
The AES Corp FRA:AES
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 6 mean?
The AES (FRA:AES) has a Moat Score of 6 as of Jul. 04, 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, The AES ranks #38 out of 545 companies in the Utilities - Regulated industry, placing it in the top 7%.
Is The AES's Moat Score too high?
The AES's current Moat Score is 6. Based on the distribution chart, The AES ranks #38 out of 545 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, The AES has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The AES's Moat Score compare to AVA and UTL?
According to the Utilities - Regulated industry distribution chart, The AES ranks #38 out of 545 companies for Moat Score. This places The AES in the top 7% 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. The AES's current Moat Score is 6. 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 (FRA:AES) is currently considered Fairly Valued. The stock's GF Value™ is €13.03, compared to a current price of €12.70 — trading 2.5% below its estimated fair value. The current Moat Score is 6. The AES's overall GF Score™ is 76/100 with 9 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 The AES (FRA:AES), the current Moat Score is 6 as of Jul. 04, 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 (FRA:AES) Overvalued in 2026?

Based on GuruFocus' analysis, The AES stock appears to be undervalued. The current stock price of €12.70 is trading 2.5% below its estimated GF Value™ of €13.03. GuruFocus considers The AES to be Fairly Valued.

Key valuation signals for FRA:AES:

  • Moat Score: 6
  • GF Value™: €13.03 vs. price of €12.70 (2.5% below fair value)
  • GF Score™: 76/100 with 9 warning signs

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

The AES Business Description

Address 4300 Wilson Boulevard, Arlington, VA, USA, 22203
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.
76GF Score

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

€12.70
Price
€13.03
GF Value