ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Fundamental Analysis

TSX:ALA-PR-G • CA0213618865

26 CAD
-0.14 (-0.54%)
Last: Mar 2, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

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 has a great profitability rating, there are quite some concerns on its financial health. ALA-PR-G has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

7

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.
  • Each year in the past 5 years ALA-PR-G has been profitable.
  • ALA-PR-G had a positive operating cash flow in each of the past 5 years.
ALA-PR-G.CA Yearly Net Income VS EBIT VS OCF VS FCFALA-PR-G.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B 1.5B

1.2 Ratios

  • The Return On Assets of ALA-PR-G (2.87%) is better than 100.00% of its industry peers.
  • ALA-PR-G has a better Return On Equity (8.75%) than 100.00% of its industry peers.
  • With a decent Return On Invested Capital value of 4.37%, ALA-PR-G is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • ALA-PR-G had an Average Return On Invested Capital over the past 3 years of 3.44%. This is in line with the industry average of 5.28%.
  • 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 RankSector 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%
ALA-PR-G.CA Yearly ROA, ROE, ROICALA-PR-G.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • The Profit Margin of ALA-PR-G (5.88%) is better than 100.00% of its industry peers.
  • ALA-PR-G's Profit Margin has declined in the last couple of years.
  • ALA-PR-G has a better Operating Margin (10.21%) than 66.67% of its industry peers.
  • ALA-PR-G's Operating Margin has improved in the last couple of years.
  • ALA-PR-G's Gross Margin of 28.43% is in line compared 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 RankSector 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%
ALA-PR-G.CA Yearly Profit, Operating, Gross MarginsALA-PR-G.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

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.
  • The number of shares outstanding for ALA-PR-G has been increased compared to 1 year ago.
  • The number of shares outstanding for ALA-PR-G has been increased compared to 5 years ago.
  • ALA-PR-G has a better debt/assets ratio than last year.
ALA-PR-G.CA Yearly Shares OutstandingALA-PR-G.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
ALA-PR-G.CA Yearly Total Debt VS Total AssetsALA-PR-G.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

  • Based on the Altman-Z score of 0.90, we must say that ALA-PR-G is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.90, ALA-PR-G belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • ALA-PR-G has a debt to FCF ratio of 2558.25. This is a negative value and a sign of low solvency as ALA-PR-G would need 2558.25 years to pay back of all of its debts.
  • The Debt to FCF ratio of ALA-PR-G (2558.25) is better than 66.67% 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.
  • 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 RankSector Rank
Debt/Equity 1.15
Debt/FCF 2558.25
Altman-Z 0.9
ROIC/WACC0.79
WACC5.55%
ALA-PR-G.CA Yearly LT Debt VS Equity VS FCFALA-PR-G.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B

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's Current ratio of 0.88 is fine compared to the rest of the industry. ALA-PR-G outperforms 66.67% 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 better Quick ratio (0.63) than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 0.88
Quick Ratio 0.63
ALA-PR-G.CA Yearly Current Assets VS Current LiabilitesALA-PR-G.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

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.
  • The Revenue has been growing slightly by 1.55% in the past 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

  • Based on estimates for the next years, ALA-PR-G will show a small growth in Earnings Per Share. The EPS will grow by 6.58% on average per year.
  • The Revenue is expected to grow by 4.80% on average over the next years.
EPS Next Y3.27%
EPS Next 2Y3.65%
EPS Next 3Y7.6%
EPS Next 5Y6.58%
Revenue Next Year1.64%
Revenue Next 2Y3.98%
Revenue Next 3Y4.8%
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.
ALA-PR-G.CA Yearly Revenue VS EstimatesALA-PR-G.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5B 10B
ALA-PR-G.CA Yearly EPS VS EstimatesALA-PR-G.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2 2.5

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.76, the valuation of ALA-PR-G can be described as very reasonable.
  • 83.33% of the companies in the same industry are more expensive than ALA-PR-G, based on the Price/Earnings ratio.
  • ALA-PR-G's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.13.
  • A Price/Forward Earnings ratio of 11.10 indicates a reasonable valuation of ALA-PR-G.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ALA-PR-G indicates a somewhat cheap valuation: ALA-PR-G is cheaper than 66.67% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.11, ALA-PR-G is valued rather cheaply.
Industry RankSector Rank
PE 11.76
Fwd PE 11.1
ALA-PR-G.CA Price Earnings VS Forward Price EarningsALA-PR-G.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as ALA-PR-G.
  • Based on the Price/Free Cash Flow ratio, ALA-PR-G is valued a bit cheaper than 66.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2022.67
EV/EBITDA 10.17
ALA-PR-G.CA Per share dataALA-PR-G.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

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.
  • ALA-PR-G has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.6
PEG (5Y)0.89
EPS Next 2Y3.65%
EPS Next 3Y7.6%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • ALA-PR-G has a Yearly Dividend Yield of 2.92%.
  • ALA-PR-G's Dividend Yield is a higher than the industry average which is at 2.04.
  • ALA-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.92%

5.2 History

  • The dividend of ALA-PR-G has a limited annual growth rate of 0.74%.
  • ALA-PR-G has been paying a dividend for at least 10 years, so it has 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
ALA-PR-G.CA Yearly Dividends per shareALA-PR-G.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

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 2Y3.65%
EPS Next 3Y7.6%
ALA-PR-G.CA Yearly Income VS Free CF VS DividendALA-PR-G.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B
ALA-PR-G.CA Dividend Payout.ALA-PR-G.CA Dividend Payout, showing the Payout Ratio.ALA-PR-G.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

ALTAGAS LTD - ALACN 6.017 PERP

TSX:ALA-PR-G (3/2/2026, 7:00:00 PM)

26

-0.14 (-0.54%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)10-30
Earnings (Next)03-06
Inst Owners36.05%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap8.09B
Revenue(TTM)12.67B
Net Income(TTM)745.00M
Analysts77.14
Price Target27.48 (5.69%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.92%
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)-9.26%
PT rev (3m)1.33%
EPS NQ rev (1m)-2.28%
EPS NQ rev (3m)-2.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.39%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.74%
Valuation
Industry RankSector Rank
PE 11.76
Fwd PE 11.1
P/S 0.64
P/FCF 2022.67
P/OCF 5.27
P/B 0.95
P/tB 2.8
EV/EBITDA 10.17
EPS(TTM)2.21
EY8.5%
EPS(NY)2.34
Fwd EY9.01%
FCF(TTM)0.01
FCFY0.05%
OCF(TTM)4.93
OCFY18.96%
SpS40.72
BVpS27.37
TBVpS9.28
PEG (NY)3.6
PEG (5Y)0.89
Graham Number36.89
Profitability
Industry RankSector 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 RankSector 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 0.9
F-Score7
WACC5.55%
ROIC/WACC0.79
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 2Y3.65%
EPS Next 3Y7.6%
EPS Next 5Y6.58%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y5.59%
Revenue growth 5Y17.77%
Sales Q2Q%-5.84%
Revenue Next Year1.64%
Revenue Next 2Y3.98%
Revenue Next 3Y4.8%
Revenue Next 5YN/A
EBIT growth 1Y38.73%
EBIT growth 3Y4.37%
EBIT growth 5Y56.06%
EBIT Next Year42.74%
EBIT Next 3Y19.18%
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 6 / 10 to ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA). This can be considered as Fairly Valued.


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 3 / 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%.