ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ALA-PR-G - CA0213618865
25.52 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. ALA-PR-G scores excellent on profitability, but there are some minor concerns on its financial health. ALA-PR-G is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
ALA-PR-G had positive earnings in the past year.
ALA-PR-G had a positive operating cash flow in the past year.
ALA-PR-G had positive earnings in each of the past 5 years.
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.
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.
The Average Return On Invested Capital over the past 3 years 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
ALA-PR-G's Profit Margin of 5.88% is amongst the best of the industry. ALA-PR-G outperforms 100.00% of its industry peers.
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.
ALA-PR-G's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 28.43%, ALA-PR-G perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
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.
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.
The debt/assets ratio for ALA-PR-G has been reduced compared to a year ago.
2.2 Solvency
ALA-PR-G has an Altman-Z score of 0.89. This is a bad value and indicates that ALA-PR-G is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.89, ALA-PR-G belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
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.
ALA-PR-G has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external 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
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 Current ratio of 0.88. This is amongst the best in the industry. ALA-PR-G outperforms 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.
With a decent Quick ratio value of 0.63, ALA-PR-G is doing good in 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
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.
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
The Earnings Per Share is expected to grow by 4.14% on average over the next years.
ALA-PR-G is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.83% yearly.
EPS Next Y3.27%
EPS Next 2Y3.85%
EPS Next 3Y7.01%
EPS Next 5Y4.14%
Revenue Next Year1.92%
Revenue Next 2Y3.98%
Revenue Next 3Y4.83%
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
The Price/Earnings ratio is 11.55, which indicates a very decent valuation of ALA-PR-G.
Compared to the rest of the industry, the Price/Earnings ratio of ALA-PR-G indicates a rather cheap valuation: ALA-PR-G is cheaper than 83.33% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.60. ALA-PR-G is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.85, which indicates a very decent valuation of ALA-PR-G.
83.33% of the companies in the same industry are more expensive than ALA-PR-G, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ALA-PR-G to the average of the S&P500 Index (23.23), we can say ALA-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
ALA-PR-G's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALA-PR-G indicates a rather cheap valuation: ALA-PR-G is cheaper than 83.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1984.82 | ||
| EV/EBITDA | 10.07 |
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)3.54
PEG (5Y)0.87
EPS Next 2Y3.85%
EPS Next 3Y7.01%
5. Dividend
5.1 Amount
ALA-PR-G has a Yearly Dividend Yield of 3.17%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.13, ALA-PR-G pays a bit more dividend than its industry peers.
ALA-PR-G's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
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
5.3 Sustainability
ALA-PR-G pays out 52.48% of its income as dividend. 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 2Y3.85%
EPS Next 3Y7.01%
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (1/2/2026, 7:00:00 PM)
25.52
-0.1 (-0.39%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners36.41%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap7.94B
Revenue(TTM)12.67B
Net Income(TTM)745.00M
Analysts76
Price Target29.53 (15.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
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)8.86%
PT rev (3m)8.31%
EPS NQ rev (1m)-0.26%
EPS NQ rev (3m)-2.68%
EPS NY rev (1m)-0.39%
EPS NY rev (3m)-1.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 10.85 | ||
| P/S | 0.63 | ||
| P/FCF | 1984.82 | ||
| P/OCF | 5.18 | ||
| P/B | 0.93 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 10.07 |
EPS(TTM)2.21
EY8.66%
EPS(NY)2.35
Fwd EY9.21%
FCF(TTM)0.01
FCFY0.05%
OCF(TTM)4.93
OCFY19.32%
SpS40.73
BVpS27.37
TBVpS9.28
PEG (NY)3.54
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 5Y4.14%
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 5Y12.37%
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%.