The AES Corporation (AES) exhibits 18.1% gross margins and 6.7% return on invested capital within Utilities (Electric Utilities: Central), balanced against a 3.5x enterprise multiple and 6.1% implied options volatility.
Sustained 18.1% gross profitability converts into 9.1% operating margin and 6.7% ROIC, outpacing sector cost of capital.
ROIC: 6.7% // GM: 18.1%YoY revenue trajectory of -0.4% paired with -15.12% free cash flow yield supports self-funded R&D and capital return.
REV YOY: -0.4% // FCF YLD: -15.12%Altman Z-Score of 0.54 and Piotroski F-Score of 3/9 indicate low near-term refinancing stress.
ALTMAN Z: 0.54 // F-SCORE: 3/9Trading at 11.8x trailing P/E (11.0x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 11.8x // EV/EBITDA: 3.5xOptions market prices a ±6.1% implied move with a 0.76 put/call ratio around $15.00 max pain.
IMPL MOVE: ±6.1% // P/C: 0.76Elevated industry capital intensity and customer concentration in Electric Utilities: Central require continuous execution to defend 7.4% net margins.
NET MARGIN: 7.4% // D/E: 2.57x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for AES & activate live FRED threshold breach alerts.