ALE:NYE-Allete Inc. (USD)

EQUITY | Utilities - Diversified | New York Stock Exchange

Last Closing

USD 59.57

Change

-0.39 (-0.65)%

Market Cap

USD 3.07B

Volume

0.19M

Analyst Target

USD 64.50
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

ALLETE Inc is engaged in the genration, transmission and distribution of electric power in the United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-25 )

Largest Industry Peers for Utilities - Diversified

Symbol Name Price(Change) Market Cap
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BIP-PB Brookfield Infrastructure Part..

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BIP-PA Brookfield Infrastructure Part..

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CIG-C Energy of Minas Gerais Co DRC

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CIG Companhia Energetica de Minas ..

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ELP Companhia Paranaense de Energi..

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AVA Avista Corporation

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UTL UNITIL Corporation

N/A

USD 0.82B

ETFs Containing ALE

IPOL:LSE iShares V Public Limited .. 6.78 % 0.00 %

N/A

USD 0.16B
SPOL:LSE iShares MSCI Poland UCITS 6.78 % 0.00 %

N/A

USD 0.16B
IB0Y:XETRA 6.30 % 0.00 %

N/A

N/A
IBUY:PA 6.30 % 0.00 %

N/A

N/A
SQLV Royce Quant Small-Cap Qua.. 0.68 % 0.60 %

N/A

USD 0.03B
DES WisdomTree U.S. SmallCap .. 0.00 % 0.38 %

N/A

USD 2.00B
EPOL iShares MSCI Poland ETF 0.00 % 0.63 %

N/A

USD 0.31B
IDEE:LSE 0.00 % 0.00 %

N/A

N/A
IEER:LSE 0.00 % 0.00 %

N/A

N/A
IBCJ:F iShares V Public Limited .. 0.00 % 0.00 %

N/A

USD 0.16B
IBCJ:XETRA iShares MSCI Poland UCITS 0.00 % 0.00 %

N/A

USD 0.16B

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Diversified) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.60% 64% D 33% F
Dividend Return 1.15% 50% F 54% F
Total Return -1.45% 64% D 33% F
Trailing 12 Months  
Capital Gain -4.63% 73% C 26% F
Dividend Return 4.38% 55% F 63% D
Total Return -0.24% 73% C 27% F
Trailing 5 Years  
Capital Gain -25.90% 11% F 22% F
Dividend Return 15.88% 22% F 62% D
Total Return -10.02% 11% F 22% F
Average Annual (5 Year Horizon)  
Capital Gain -5.32% 27% F 19% F
Dividend Return -1.41% 27% F 21% F
Total Return 3.90% 36% F 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 21.76% 45% F 52% F
Risk Adjusted Return -6.49% 36% F 23% F
Market Capitalization 3.07B 27% F 72% C

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Diversified) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 23.50 73% 62%
Price/Book Ratio 1.20 78% 63%
Price / Cash Flow Ratio 5.91 44% 56%
Price/Free Cash Flow Ratio 9.30 44% 45%
Management Effectiveness  
Return on Equity 5.30% 45% 40%
Return on Invested Capital 3.32% 17% 36%
Return on Assets 1.76% 9% 42%
Debt to Equity Ratio 59.79% 80% 55%

Annual Financials (USD)

Quarterly Financials (USD)

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.

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.

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.

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.

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 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.

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

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.

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 Revenue Growth

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