Stock fact sheet · data as of
Ameren Illinois Company PFD 4% (AILLP): fair value, margin of safety and Wheel Score
Utilities · Regulated Gas · United States · High Yield Income
Is AILLP undervalued?
At 60.30 (close of 16 Oct 2026), AILLP trades 76% over the GLS average fair value of 34.20, with 0 of 7 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
The 7 models disagree widely: GLS Growth gives 8.30 while DDM gives 58.86. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files AILLP under High Yield Income: a dividend yield above 4%.
Nine valuation models for AILLP
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 43.40 | -28% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 45.76 | -24% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 11.35 | -81% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 8.30 | -86% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 40.20 | -33% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 58.86 | -2% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 31.52 | -48% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -23.84 | -140% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - AILLP passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 5.4 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are moderate - ROIC 5.2%, ROE 9.4%, ROA 3.6% - with debt at 0.80 times equity and negative free cash flow.
The dividend yield is high at 6.63% (payout ratio 61%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Electricity 86%, Natural Gas 14% (quarter Q4 FY2022).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 5.2% |
|---|---|---|---|
| GLS Moat | 5.4 / 10 | ROE | 9.4% |
| Debt / equity | 0.80 | ROA | 3.6% |
| Free-cash-flow yield | -0.2% | Payout ratio | 61% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 33: No options
AILLP has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (33 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 0k shares a day on a market cap of $29.2B, with a beta of 0.07 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -76% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 8 / 15 | moat 5.4/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 12 / 20 | 0k shares/day, $29.2B cap, beta 0.07 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for AILLP in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Regulated Gas
The 12 companies below are the closest to Ameren Illinois Company PFD 4% by market cap within the Regulated Gas industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AILIP Ameren Illinois Company PFD 4.20% | 66.48 | 33.80 | -97% | 34No options | $29.2B |
| AILIO Ameren Illinois Company PFD 4.26% | 66.00 | 151.21 | +56% | 39No options | $28.1B |
| ATO Atmos Energy Corporation | 163.95 | 105.99 | -55% | 49Weak | $27.7B |
| NI NiSource Inc | 41.25 | 21.62 | -91% | 52Fair | $19.8B |
| UGI UGI Corporation | 37.21 | 32.66 | -14% | 53Fair | $8.0B |
| SWX Southwest Gas Holdings, Inc. | 85.30 | 115.31 | +26% | 69Good | $6.2B |
| BKH Black Hills Corporation | 75.87 | 40.35 | -88% | 54Fair | $5.8B |
| NJR New Jersey Resources Corporation | 51.53 | 44.50 | -16% | 59Fair | $5.2B |
| SR Spire Inc. | 79.80 | 171.07 | +53% | 64Fair | $4.7B |
| OGS ONE Gas, Inc. | 74.56 | 46.32 | -61% | 53Fair | $4.7B |
| BIPC Brookfield Infrastructure Corporation | 37.63 | 26.41 | -42% | 45Weak | $4.6B |
| MDU MDU Resources Group, Inc. | 18.61 | 11.63 | -60% | 49Weak | $3.9B |
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Start free See the Sunday ScanQuestions about AILLP
Is AILLP undervalued right now?
No: at 60.30 the stock trades 76% above the GLS average fair value of 34.20 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of AILLP and what does it mean?
AILLP has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for AILLP?
34.20 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Ameren Illinois Company PFD 4% report earnings next?
No upcoming earnings date is recorded for AILLP in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does AILLP have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on AILLP, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.