COMPARE · Reviewed August 4, 2026

AES vs MWH

Verdict: Side-by-side breakdown using the Bull Rankings model. AES scored 64.7, MWH scored 72.0 — MWH leads.
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Different reporting periods. AES's fundamentals are as of June 2026, but MWH's are as of March 2026 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
AES
The AES Corporation
Utilities - Diversified · Quality-Growth
64.7
$14.68 · $10.5B
fundamentals as of
Score gap
7.3
MWH leads
MWH
SOLV Energy, Inc.
Utilities - Renewable · Quality-Growth
72
$28.80 · $6.1B
fundamentals as of
THE BULL RANKINGS SCORECARD65/ 100 · BULL SCOREPEER MEDIANQUALITY59GROWTH71VALUE64
THE BULL RANKINGS SCORECARD72/ 100 · BULL SCOREPEER MEDIANQUALITY77GROWTH100VALUE82
AES
stronger →← stronger
MWH
59
Qualityreturns · margins · balance sheet
77
71
Growthrevenue & earnings expansion
100
64
Valuevaluation vs sector peers
82
MWH is stronger on 3 of 3 pillars.
AES
MWH
-$1.7bF
FCF
$368mC
+8.5%B
Rev
+34.8%A
2.60D
D/E
0.10A
0.8xA
P/S
0.81B+
PEG
1.31B
P/E
45.7xD
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
AES
MWH
Price vs fair valuelower is cheaper
18% below
Growth the price implies10-yr FCF · lower = less priced in
~6%/yr
1-yr DCF upside
+2%
5-yr DCF upside
+22%
10-yr DCF upside
+59%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
AES
Why this score
  • Short track record
MWH
Why this score
  • Short track record
AESThe AES Corporation
Utilities - Diversified · $14.68 · beta 0.95
Why now
Utilities - Diversified · market cap $10.5b. 17% off the 52-week high of $17.65. PEG 0.81 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Hold with a mean 1-yr target of $15.00 (implying +2% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 38% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
D/E 2.60 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$1.7b) — capital raises or debt issuance likely required; dilution / leverage risk.
MWHSOLV Energy, Inc.
Utilities - Renewable · $28.80
Why now
Utilities - Renewable · market cap $6.1b. Down 40% from 52-week high of $48.40 — deep drawdown territory. Revenue growing +35% — in hypergrowth territory. 11 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $47.18 (implying +64% upside).
Moat
Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Down 40% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Trailing P/E 46x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. Net margin 4.6% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.