ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ALA-PR-G - CA0213618865
25.6 CAD
+0.1 (+0.39%)
ALA-PR-G gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 6 industry peers in the Gas Utilities industry. While ALA-PR-G belongs to the best of the industry regarding profitability, 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
In the past year ALA-PR-G was profitable.
In the past year ALA-PR-G had a positive cash flow from operations.
In the past 5 years ALA-PR-G has always been profitable.
ALA-PR-G had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 2.87%, ALA-PR-G belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
ALA-PR-G has a Return On Equity of 8.75%. This is amongst the best in the industry. ALA-PR-G outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.37%, ALA-PR-G is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ALA-PR-G is in line with the industry average of 5.31%.
The last Return On Invested Capital (4.37%) for ALA-PR-G is above the 3 year average (3.44%), which is a sign of increasing profitability.
| 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 has a Operating Margin of 10.21%. This is in the better half of the industry: ALA-PR-G outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of ALA-PR-G has grown nicely.
ALA-PR-G has a Gross Margin of 28.43%. This is comparable to the rest of the industry: ALA-PR-G outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of ALA-PR-G has declined.
| 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
ALA-PR-G has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ALA-PR-G has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALA-PR-G has more shares outstanding
ALA-PR-G has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.89, 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 0.89. 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.
With an excellent Debt to FCF ratio value of 2558.25, ALA-PR-G belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Debt/Equity ratio of 1.15 is on the high side and indicates that ALA-PR-G has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.15, ALA-PR-G is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 2558.25 | ||
| Altman-Z | 0.89 |
ROIC/WACC0.81
WACC5.43%
2.3 Liquidity
A Current Ratio of 0.88 indicates that ALA-PR-G may have some problems paying its short term obligations.
ALA-PR-G has a Current ratio of 0.88. This is amongst the best in the industry. ALA-PR-G outperforms 83.33% of its industry peers.
ALA-PR-G has a Quick 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 Quick ratio of 0.63. This is in the better half of the industry: ALA-PR-G outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
ALA-PR-G shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.84%.
Measured over the past years, ALA-PR-G shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.25% on average per year.
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
The Earnings Per Share is expected to grow by 6.90% on average over the next years.
Based on estimates for the next years, ALA-PR-G will show a small growth in Revenue. The Revenue will grow by 4.83% on average per year.
EPS Next Y3.27%
EPS Next 2Y3.85%
EPS Next 3Y7.01%
EPS Next 5Y6.9%
Revenue Next Year1.92%
Revenue Next 2Y3.98%
Revenue Next 3Y4.83%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 11.58, the valuation of ALA-PR-G can be described as very reasonable.
Based on the Price/Earnings ratio, ALA-PR-G is valued cheaper than 83.33% of the companies in the same industry.
ALA-PR-G is valuated cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
ALA-PR-G is valuated reasonably with a Price/Forward Earnings ratio of 10.89.
Based on the Price/Forward Earnings ratio, ALA-PR-G is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
ALA-PR-G is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.58 | ||
| Fwd PE | 10.89 |
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 cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1991.04 | ||
| EV/EBITDA | 10.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ALA-PR-G has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.55
PEG (5Y)0.87
EPS Next 2Y3.85%
EPS Next 3Y7.01%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.26%, ALA-PR-G has a reasonable but not impressive dividend return.
ALA-PR-G's Dividend Yield is a higher than the industry average which is at 2.17.
ALA-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
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.
The dividend of ALA-PR-G is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.48%
EPS Next 2Y3.85%
EPS Next 3Y7.01%
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (1/9/2026, 7:00:00 PM)
25.6
+0.1 (+0.39%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners36.05%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap7.96B
Revenue(TTM)12.67B
Net Income(TTM)745.00M
Analysts77.14
Price Target29.53 (15.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
Yearly Dividend1.25
Dividend Growth(5Y)0.74%
DP52.48%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
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)5.03%
PT rev (3m)12.26%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)-2.68%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-1.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.58 | ||
| Fwd PE | 10.89 | ||
| P/S | 0.63 | ||
| P/FCF | 1991.04 | ||
| P/OCF | 5.19 | ||
| P/B | 0.94 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 10.07 |
EPS(TTM)2.21
EY8.63%
EPS(NY)2.35
Fwd EY9.18%
FCF(TTM)0.01
FCFY0.05%
OCF(TTM)4.93
OCFY19.26%
SpS40.73
BVpS27.37
TBVpS9.28
PEG (NY)3.55
PEG (5Y)0.87
Graham Number36.89
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 | 0.89 |
F-Score7
WACC5.43%
ROIC/WACC0.81
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 Y3.27%
EPS Next 2Y3.85%
EPS Next 3Y7.01%
EPS Next 5Y6.9%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y5.59%
Revenue growth 5Y17.77%
Sales Q2Q%-5.84%
Revenue Next Year1.92%
Revenue Next 2Y3.98%
Revenue Next 3Y4.83%
Revenue Next 5YN/A
EBIT growth 1Y38.73%
EBIT growth 3Y4.37%
EBIT growth 5Y56.06%
EBIT Next Year43.2%
EBIT Next 3Y18.82%
EBIT Next 5Y12.32%
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.
What is the valuation status for ALA-PR-G stock?
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 is the financial health of ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) stock?
The financial health rating of ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) is 4 / 10.
Can you provide the dividend sustainability for ALA-PR-G stock?
The dividend rating of ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) is 6 / 10 and the dividend payout ratio is 52.48%.