Union Electric Company (UEPEN): fair value, margin of safety and Wheel Score

Is UEPEN undervalued?

UEPEN closed at 61.50 on 5 Nov 2026, which is 20% above the GLS average fair value of 51.19 from 7 models. 4 of them value the shares below today's price. Our scans read that as "no margin of safety": the stock is not a value candidate at this price, whatever the quality numbers say.

There is a wide gap between 10 Cap (0.8968) and Graham Growth (112.67). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

Ranked against every other company we cover, neither cheapness nor growth clearly wins for UEPEN, so the nightly engine files it under Blend (value score 50, growth score 50, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).

Nine valuation models for UEPEN

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.

Quality and financial health

Union Electric Company scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 4.9/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.

Returns on capital are high - ROIC 18.5%, ROE 18.6%, ROA 7.1% - with debt at 0.00 times equity and negative free cash flow.

The dividend yield is high at 5.69% (payout ratio 9%). 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 90%, Natural Gas 10% (quarter Q2 FY2026).

Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 20: No options

No options are listed on Union Electric Company in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 20, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.

Volume runs at 0k shares a day on a market cap of $6.3B, with a beta of 0.08 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.

Upcoming events

No upcoming earnings date is recorded for UEPEN in the nightly calendar.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Regulated Electric

The 12 companies below are the closest to Union Electric Company by market cap within the Regulated Electric industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare UEPEN with 7 of them   All Utilities stocks →