The Aes Corporation
—- Market cap
- —
- Debt
- +$25.22B
- Cash
- −$1.56B
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · View financials
Decision snapshot: AES stock price vs VIAV: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at VIAV's multiple
Needs VIAV P/E.
Implied fair value · at AES's multiple
Needs EPS (TTM) is negative, AES P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: AES FY 2025 (ended Dec 31, 2025) · VIAV FY 2026 (ended Jun 27, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
THE AES CORPORATION · implied price per share
Bear
$20.08
Base
$23.62
Bull
$27.16
Viavi Solutions Inc. · implied price per share
Bear
$3.09
Base
$3.64
Bull
$4.18
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
6.21x
0.32x
Net debt / EBITDA
Leverage against operating earnings
4.96x
-1.21x
Cash and equivalents
Liquid reserves on the balance sheet
$1.56B
$649.80M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$25.22B
$468.90M
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe AES’s current earnings base and historical trading band are the right anchors rather than VIAV’s elevated multiples, then hold or modestly accumulate AES because it already trades near $13.12 - $16.04 and far below VIAV-implied $349.94 valuation.
AES trades at 11.6x P/E versus VIAV at 277.7x, and on sales and EBITDA the gap is still wide at 0.8x P/S and 7.1x EV/EBITDA for AES versus 9.0x and 72.6x for VIAV. The implied price of $349.94 is not economically meaningful versus AES’s current $14.58 because VIAV multiple is being applied across companies with materially different margin and leverage profiles.
Supporting Metrics