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The AESFRA:AES -0.69%75 5-Year Yield-on-Cost % is 5.71 as of Jul. 23, 2026, which is 29% above its 10-year median of 4.43. GuruFocus rates FRA:AES with a GF Score™ of 75/100 and a GF Value™ of €13.01 (Fairly Valued). The stock has 9 warning signs investors should review. Among 434 Utilities - Regulated companies, The AES ranks better than 70.74% on this metric.
The AES's yield on cost for the quarter that ended in Mar. 2026 was 5.71.
The historical rank and industry rank for The AES's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:AES'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.47 Med: 4.43 Max: 8.6
Current: 5.71
During the past 13 years, The AES's highest Yield on Cost was 8.60. The lowest was 2.47. And the median was 4.43.
FRA:AES's 5-Year Yield-on-Cost % is ranked better than 70.74% of 434
companies
in the Utilities - Regulated industry
Industry Median: 4.17
vs FRA:AES: 5.71
The AES (FRA:AES) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
The AES 5-Year Yield-on-Cost % Related Terms
FRA:AES vs AVA, UTL, SRE: 5-Year Yield-on-Cost % Comparison
For the Utilities - Diversified subindustry, The AES's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, The AES's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where The AES's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of The AES is calculated as
The AES (FRA:AES) has a 5-Year Yield-on-Cost % of 5.71 as of Jul. 23, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on The AES and its competitors. This is 29% above median its historical median of 4.43. Over the past decade, The AES's 5-Year Yield-on-Cost % has ranged from 2.47 to 8.60. According to the industry distribution chart, The AES ranks #127 out of 434 companies in the Utilities - Regulated industry, placing it in the top 29.3%.
Is The AES's 5-Year Yield-on-Cost % too high?
The AES's current 5-Year Yield-on-Cost % of 5.71 is 29% above median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 8.60. The Utilities - Regulated industry median 5-Year Yield-on-Cost % is 4.17. The AES's value of 5.71 is 36.9% above this industry median. Based on the distribution chart, The AES ranks #127 out of 434 companies in the Utilities - Regulated industry, which is above 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 5-Year Yield-on-Cost % compare to AVA and UTL?
According to the Utilities - Regulated industry distribution chart, The AES ranks #127 out of 434 companies for 5-Year Yield-on-Cost %. This puts The AES in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 4.17. The AES's value of 5.71 is 36.9% above this benchmark. Historically, The AES's own 5-Year Yield-on-Cost % has ranged from 2.47 to 8.60 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 4.17, 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 5-Year Yield-on-Cost % for an Utilities - Regulated company?
The median 5-Year Yield-on-Cost % among Utilities - Regulated companies is 4.17, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The AES's current 5-Year Yield-on-Cost % of 5.71 is 36.9% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on The AES and its competitors. For the Utilities - Regulated industry, the median 5-Year Yield-on-Cost % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The AES's current 5-Year Yield-on-Cost % is 5.71, which is 29% above median its own 10-year median of 4.43. 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 €13.01, compared to a current price of €12.90 — trading 0.9% below its estimated fair value. The current 5-Year Yield-on-Cost % is 5.71, which is 29% above median its 10-year median of 4.43 and 36.9% above the Utilities - Regulated industry median of 4.17. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For The AES (FRA:AES), the current 5-Year Yield-on-Cost % is 5.71 as of Jul. 23, 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 €12.90 is trading 0.9% below its estimated GF Value™ of €13.01.
GuruFocus considers The AES to be Fairly Valued.
Key valuation signals for FRA:AES:
5-Year Yield-on-Cost %: 5.71 (29% above median its 10-year median of 4.43)
GF Value™: €13.01 vs. price of €12.90 (0.9% below fair value)
Industry Position: 36.9% above the Utilities - Regulated median (#127 of 434)
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.
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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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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