ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ALA-PR-G - CA0213618865
25.34 CAD
+0.06 (+0.24%)
Overall ALA-PR-G gets a fundamental rating of 5 out of 10. We evaluated ALA-PR-G against 6 industry peers in the Gas Utilities industry. ALA-PR-G has an excellent profitability rating, but there are some minor concerns on its financial health. ALA-PR-G may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
ALA-PR-G had positive earnings in the past year.
In the past year ALA-PR-G had a positive cash flow from operations.
Each year in the past 5 years ALA-PR-G has been profitable.
Each year in the past 5 years ALA-PR-G had a positive operating cash flow.
1.2 Ratios
ALA-PR-G has a better Return On Assets (2.87%) than 100.00% of its industry peers.
With an excellent Return On Equity value of 8.75%, ALA-PR-G belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
ALA-PR-G's Return On Invested Capital of 4.37% is fine compared to the rest of the industry. ALA-PR-G outperforms 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ALA-PR-G is significantly below the industry average of 10.35%.
The 3 year average ROIC (3.44%) for ALA-PR-G is below the current ROIC(4.37%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 8.75% | ||
| ROIC | 4.37% |
ROA(3y)2.2%
ROA(5y)1.99%
ROE(3y)6.76%
ROE(5y)6.1%
ROIC(3y)3.44%
ROIC(5y)3.31%
1.3 Margins
Looking at the Profit Margin, with a value of 5.88%, ALA-PR-G belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of ALA-PR-G has declined.
ALA-PR-G's Operating Margin of 10.21% is amongst the best of the industry. ALA-PR-G outperforms 83.33% of its industry peers.
In the last couple of years the Operating Margin of ALA-PR-G has grown nicely.
Looking at the Gross Margin, with a value of 28.43%, ALA-PR-G is in line with its industry, outperforming 50.00% of the companies in the same industry.
ALA-PR-G's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.21% | ||
| PM (TTM) | 5.88% | ||
| GM | 28.43% |
OM growth 3Y-1.16%
OM growth 5Y32.51%
PM growth 3Y28.76%
PM growth 5Y-19.79%
GM growth 3Y-1.26%
GM growth 5Y-8.77%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALA-PR-G is destroying value.
The number of shares outstanding for ALA-PR-G has been increased compared to 1 year ago.
Compared to 5 years ago, ALA-PR-G has more shares outstanding
Compared to 1 year ago, ALA-PR-G has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.88, we must say that ALA-PR-G is in the distress zone and has some risk of bankruptcy.
ALA-PR-G has a Altman-Z score of 0.88. This is amongst the best in the industry. ALA-PR-G outperforms 83.33% of its industry peers.
The Debt to FCF ratio of ALA-PR-G is 2558.25, which is on the high side as it means it would take ALA-PR-G, 2558.25 years of fcf income to pay off all of its debts.
ALA-PR-G's Debt to FCF ratio of 2558.25 is amongst the best of the industry. ALA-PR-G outperforms 83.33% of its industry peers.
A Debt/Equity ratio of 1.15 is on the high side and indicates that ALA-PR-G has dependencies on debt financing.
ALA-PR-G has a Debt to Equity ratio of 1.15. This is in the better half of the industry: ALA-PR-G outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 2558.25 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.82
WACC5.36%
2.3 Liquidity
ALA-PR-G has a Current Ratio of 0.88. This is a bad value and indicates that ALA-PR-G is not financially healthy enough and could expect problems in meeting its short term obligations.
ALA-PR-G has a better Current ratio (0.88) than 83.33% of its industry peers.
A Quick Ratio of 0.63 indicates that ALA-PR-G may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.63, ALA-PR-G is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.84% over the past year.
The Earnings Per Share has been growing by 13.25% on average over the past years. This is quite good.
Looking at the last year, ALA-PR-G shows a small growth in Revenue. The Revenue has grown by 1.55% in the last year.
ALA-PR-G shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.77% yearly.
EPS 1Y (TTM)1.84%
EPS 3Y7.19%
EPS 5Y13.25%
EPS Q2Q%-71.43%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y5.59%
Revenue growth 5Y17.77%
Sales Q2Q%-5.84%
3.2 Future
ALA-PR-G is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.25% yearly.
ALA-PR-G is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.34% yearly.
EPS Next Y3.67%
EPS Next 2Y3.74%
EPS Next 3Y6.93%
EPS Next 5Y4.25%
Revenue Next Year2.4%
Revenue Next 2Y3.57%
Revenue Next 3Y4.34%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.47, the valuation of ALA-PR-G can be described as reasonable.
Based on the Price/Earnings ratio, ALA-PR-G is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
ALA-PR-G's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.65.
Based on the Price/Forward Earnings ratio of 10.80, the valuation of ALA-PR-G can be described as reasonable.
Based on the Price/Forward Earnings ratio, ALA-PR-G is valued cheaper than 83.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.45. ALA-PR-G is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
ALA-PR-G's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ALA-PR-G is valued cheaper than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1897.15 | ||
| EV/EBITDA | 9.86 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ALA-PR-G does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of ALA-PR-G may justify a higher PE ratio.
PEG (NY)3.12
PEG (5Y)0.87
EPS Next 2Y3.74%
EPS Next 3Y6.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.90%, ALA-PR-G has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.08, ALA-PR-G pays a bit more dividend than its industry peers.
ALA-PR-G's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
5.2 History
The dividend of ALA-PR-G has a limited annual growth rate of 0.74%.
ALA-PR-G has paid a dividend for at least 10 years, which is a reliable track record.
ALA-PR-G has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.74%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
52.48% of the earnings are spent on dividend by ALA-PR-G. This is a bit on the high side, but may be sustainable.
ALA-PR-G's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.48%
EPS Next 2Y3.74%
EPS Next 3Y6.93%
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (11/24/2025, 7:00:00 PM)
25.34
+0.06 (+0.24%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners36.36%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap7.59B
Revenue(TTM)12.67B
Net Income(TTM)745.00M
Analysts74.67
Price Target27.12 (7.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
Yearly Dividend1.25
Dividend Growth(5Y)0.74%
DP52.48%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.12%
Min EPS beat(2)-27.05%
Max EPS beat(2)14.8%
EPS beat(4)2
Avg EPS beat(4)-1.65%
Min EPS beat(4)-27.05%
Max EPS beat(4)14.8%
EPS beat(8)5
Avg EPS beat(8)9.48%
EPS beat(12)7
Avg EPS beat(12)5.48%
EPS beat(16)9
Avg EPS beat(16)3.37%
Revenue beat(2)0
Avg Revenue beat(2)-6.73%
Min Revenue beat(2)-9.48%
Max Revenue beat(2)-3.98%
Revenue beat(4)1
Avg Revenue beat(4)-2.91%
Min Revenue beat(4)-9.48%
Max Revenue beat(4)8.03%
Revenue beat(8)2
Avg Revenue beat(8)-6.34%
Revenue beat(12)3
Avg Revenue beat(12)0.02%
Revenue beat(16)7
Avg Revenue beat(16)23.78%
PT rev (1m)3.12%
PT rev (3m)0.56%
EPS NQ rev (1m)-2.78%
EPS NQ rev (3m)-2.26%
EPS NY rev (1m)-0.74%
EPS NY rev (3m)-0.8%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)1.77%
Revenue NY rev (3m)1.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 10.8 | ||
| P/S | 0.6 | ||
| P/FCF | 1897.15 | ||
| P/OCF | 4.95 | ||
| P/B | 0.89 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 9.86 |
EPS(TTM)2.21
EY8.72%
EPS(NY)2.35
Fwd EY9.26%
FCF(TTM)0.01
FCFY0.05%
OCF(TTM)5.12
OCFY20.21%
SpS42.31
BVpS28.44
TBVpS9.64
PEG (NY)3.12
PEG (5Y)0.87
Graham Number37.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.87% | ||
| ROE | 8.75% | ||
| ROCE | 5.57% | ||
| ROIC | 4.37% | ||
| ROICexc | 4.39% | ||
| ROICexgc | 5.81% | ||
| OM | 10.21% | ||
| PM (TTM) | 5.88% | ||
| GM | 28.43% | ||
| FCFM | 0.03% |
ROA(3y)2.2%
ROA(5y)1.99%
ROE(3y)6.76%
ROE(5y)6.1%
ROIC(3y)3.44%
ROIC(5y)3.31%
ROICexc(3y)3.46%
ROICexc(5y)3.32%
ROICexgc(3y)4.67%
ROICexgc(5y)4.54%
ROCE(3y)4.43%
ROCE(5y)4.26%
ROICexgc growth 3Y-2.78%
ROICexgc growth 5Y46.91%
ROICexc growth 3Y-1.67%
ROICexc growth 5Y47.33%
OM growth 3Y-1.16%
OM growth 5Y32.51%
PM growth 3Y28.76%
PM growth 5Y-19.79%
GM growth 3Y-1.26%
GM growth 5Y-8.77%
F-Score7
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 2558.25 | ||
| Debt/EBITDA | 5.47 | ||
| Cap/Depr | 304.78% | ||
| Cap/Sales | 12.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.46% | ||
| Profit Quality | 0.54% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.88 |
F-Score7
WACC5.36%
ROIC/WACC0.82
Cap/Depr(3y)241.49%
Cap/Depr(5y)224.2%
Cap/Sales(3y)8.4%
Cap/Sales(5y)9.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.84%
EPS 3Y7.19%
EPS 5Y13.25%
EPS Q2Q%-71.43%
EPS Next Y3.67%
EPS Next 2Y3.74%
EPS Next 3Y6.93%
EPS Next 5Y4.25%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y5.59%
Revenue growth 5Y17.77%
Sales Q2Q%-5.84%
Revenue Next Year2.4%
Revenue Next 2Y3.57%
Revenue Next 3Y4.34%
Revenue Next 5YN/A
EBIT growth 1Y38.73%
EBIT growth 3Y4.37%
EBIT growth 5Y56.06%
EBIT Next Year42.66%
EBIT Next 3Y16.67%
EBIT Next 5Y11.62%
FCF growth 1Y101.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y125.92%
OCF growth 3Y27.73%
OCF growth 5Y19.91%
ALTAGAS LTD - ALACN 6.017 PERP / ALA-PR-G.CA FAQ
Can you provide the ChartMill fundamental rating for ALTAGAS LTD - ALACN 6.017 PERP?
ChartMill assigns a fundamental rating of 5 / 10 to ALA-PR-G.CA.
Can you provide the valuation status for ALTAGAS LTD - ALACN 6.017 PERP?
ChartMill assigns a valuation rating of 7 / 10 to ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA). This can be considered as Undervalued.
How profitable is ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) stock?
ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) stock?
The Price/Earnings (PE) ratio for ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) is 11.47 and the Price/Book (PB) ratio is 0.89.
Can you provide the financial health for ALA-PR-G stock?
The financial health rating of ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) is 4 / 10.