ALA:CA:TSX-AltaGas Ltd.

EQUITY | Oil & Gas Midstream | Toronto Stock Exchange

Last Closing

CAD 19.51

Change

-0.07 (-0.36)%

Market Cap

CAD 5.41B

Volume

0.41M

Analyst Target

CAD 21.77
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

AltaGas Ltd is a diversified energy infrastructure business operated collectively by its operating subsidiaries. The Company offers natural gas, power and regulated utilities and has three operating segments: - Gas, Power and Utilities.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2019-10-18 )

Largest Industry Peers for Oil & Gas Midstream

Symbol Name Price(Change) Market Cap
ENB-PY:CA Enbridge Inc Pref 3

-0.07 (-0.40%)

CAD 117.95B
ENB-PJ:CA Enbridge Inc Pref 7

+0.01 (+0.05%)

CAD 108.56B
ENB-PP:CA Enbridge Srs P Cum Red Prf

-0.10 (-0.56%)

CAD 107.58B
ENB:CA Enbridge Inc

+0.45 (+0.93%)

CAD 103.86B
ENB-PV:CA Enbridge Inc Pref 1

-0.20 (-0.93%)

CAD 75.97B
TRP-PF:CA TC Energy Corp Pref Series 2

+0.01 (+0.06%)

CAD 72.56B
TRP-PA:CA TC Energy Corp Pref Series 1

+0.24 (+1.53%)

CAD 69.11B
TRP-PB:CA TC Energy Corp Pref Series 3

-0.01 (-0.08%)

CAD 67.89B
TRP-PC:CA TC Energy Corp Pref Series 5

+0.02 (+0.16%)

CAD 64.20B
TRP:CA TC Energy Corp

-0.04 (-0.08%)

CAD 50.89B

ETFs Containing ALA:CA

CDZ.A:CA 0.00 % 1.49 %

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N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 40.36% 100% F 93% A
Dividend Return 5.18% 50% F 92% A
Total Return 45.54% 100% F 94% A
Trailing 12 Months  
Capital Gain -4.83% 38% F 35% F
Dividend Return 5.68% 63% D 89% A-
Total Return 0.85% 38% F 40% F
Trailing 5 Years  
Capital Gain -57.46% 14% F 20% F
Dividend Return 21.00% 57% F 71% C-
Total Return -36.46% 14% F 26% F
Average Annual (5 Year Horizon)  
Capital Gain -17.42% 25% F 8% B-
Dividend Return -10.92% 25% F 11% F
Total Return 6.51% 88% B+ 93% A
Risk Return Profile  
Volatility (Standard Deviation) 14.40% 88% B+ 51% F
Risk Adjusted Return -75.81% 13% F 6% D-
Market Capitalization 5.41B 23% F 89% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Midstream) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 90.20 23% 39%
Price/Book Ratio 0.88 62% 63%
Price / Cash Flow Ratio -68.73 100% 97%
Price/Free Cash Flow Ratio 12.95 38% 23%
Management Effectiveness  
Return on Equity 5.16% 15% 57%
Return on Invested Capital 7.36% 46% 67%
Return on Assets 2.67% 15% 60%
Debt to Equity Ratio 141.50% 50% 18%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector