ducovest

ALA:CA:TSX-AltaGas Ltd. (CAD)

EQUITY | Utilities—Regulated Gas | Toronto Stock Exchange

Last Closing

CAD 17.48

Change

-0.10 (-0.57)%

Market Cap

CAD 5.41B

Volume

1.11M

Analyst Target

CAD 14.29
Analyst Rating

N/A

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.

Company Website : http://www.altagas.ca

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-08-05 )

Largest Industry Peers for Utilities—Regulated Gas

ETFs Containing ALA:CA

CDZ.A:CA 0.00 % 1.49 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities—Regulated Gas) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -11.63% 50% F 38% F
Dividend Return 1.62% 50% F 77% C+
Total Return -10.01% 50% F 40% F
Trailing 12 Months  
Capital Gain -8.96% 50% F 35% F
Dividend Return 3.75% 100% F 86% B+
Total Return -5.21% 50% F 40% F
Trailing 5 Years  
Capital Gain -49.22% 50% F 22% F
Dividend Return 25.21% 50% F 82% B
Total Return -24.00% 50% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain -11.37% 22% F 9% A-
Dividend Return -4.77% 22% F 14% F
Total Return 6.60% 89% A- 93% A
Risk Return Profile  
Volatility (Standard Deviation) 21.10% 44% F 43% F
Risk Adjusted Return -22.63% 22% F 11% F
Market Capitalization 5.41B 100% F 89% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities—Regulated Gas) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 90.20 50% 66%
Price/Book Ratio 0.67 100% 74%
Price / Cash Flow Ratio 7.76 50% 46%
Price/Free Cash Flow Ratio 10.90 100% 48%
Management Effectiveness  
Return on Equity 6.19% 100% 62%
Return on Invested Capital 0.87% 50% 35%
Return on Assets 2.36% 50% 60%
Debt to Equity Ratio 82.16% 100% 33%

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:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

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

Positive free cash flow

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

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

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.

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.

Overpriced on cashflow basis

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

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.