ALTAGAS LTD - ALACN 6.017 PERP (ALA-PR-G.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:ALA-PR-G - CA0213618865
25.51 CAD
+0.01 (+0.04%)
We assign a fundamental rating of 5 out of 10 to ALA-PR-G. ALA-PR-G was compared to 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 scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
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
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 better Return On Equity (8.75%) than 100.00% of its industry peers.
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 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 has a Profit Margin of 5.88%. This is amongst the best in 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's Operating Margin of 10.21% is fine compared to the rest 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.
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
ALA-PR-G has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ALA-PR-G has more shares outstanding
ALA-PR-G has more shares outstanding than it did 5 years ago.
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.
Looking at the Altman-Z score, with a value of 0.89, ALA-PR-G belongs to the top 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.
ALA-PR-G's Debt to Equity ratio of 1.15 is fine compared to the rest 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 | 0.89 |
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.
Looking at the Current ratio, with a value of 0.88, ALA-PR-G belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
A Quick Ratio of 0.63 indicates that ALA-PR-G may have some problems paying its short term obligations.
ALA-PR-G's Quick ratio of 0.63 is fine compared to the rest 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
The Earnings Per Share has been growing slightly by 1.84% over the past year.
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.
ALA-PR-G shows a small growth in Revenue. In the last year, the Revenue has grown by 1.55%.
Measured over the past years, ALA-PR-G shows a quite strong growth in Revenue. The Revenue has been growing by 17.77% on average per year.
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 4.14% yearly.
Based on estimates for the next years, ALA-PR-G will show a small growth in Revenue. The Revenue will grow by 4.81% on average per year.
EPS Next Y3.31%
EPS Next 2Y3.85%
EPS Next 3Y7.1%
EPS Next 5Y4.14%
Revenue Next Year1.86%
Revenue Next 2Y3.99%
Revenue Next 3Y4.81%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.54, 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.
The average S&P500 Price/Earnings ratio is at 26.61. ALA-PR-G is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.85, the valuation of ALA-PR-G can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward 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.
ALA-PR-G's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 10.85 |
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 cheaply inside the industry as 83.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1984.04 | ||
| EV/EBITDA | 10.06 |
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)3.49
PEG (5Y)0.87
EPS Next 2Y3.85%
EPS Next 3Y7.1%
5. Dividend
5.1 Amount
ALA-PR-G has a Yearly Dividend Yield of 3.22%. Purely for dividend investing, there may be better candidates out there.
ALA-PR-G's Dividend Yield is a higher than the industry average which is at 2.15.
Compared to an average S&P500 Dividend Yield of 1.87, ALA-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
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
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 3Y7.1%
ALTAGAS LTD - ALACN 6.017 PERP
TSX:ALA-PR-G (12/22/2025, 7:00:00 PM)
25.51
+0.01 (+0.04%)
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 (15.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.22% |
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)8.94%
PT rev (3m)8.31%
EPS NQ rev (1m)-0.27%
EPS NQ rev (3m)-2.7%
EPS NY rev (1m)-0.35%
EPS NY rev (3m)-1.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.54 | ||
| Fwd PE | 10.85 | ||
| P/S | 0.63 | ||
| P/FCF | 1984.04 | ||
| P/OCF | 5.17 | ||
| P/B | 0.93 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 10.06 |
EPS(TTM)2.21
EY8.66%
EPS(NY)2.35
Fwd EY9.22%
FCF(TTM)0.01
FCFY0.05%
OCF(TTM)4.93
OCFY19.33%
SpS40.73
BVpS27.37
TBVpS9.28
PEG (NY)3.49
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 Y3.31%
EPS Next 2Y3.85%
EPS Next 3Y7.1%
EPS Next 5Y4.14%
Revenue 1Y (TTM)1.55%
Revenue growth 3Y5.59%
Revenue growth 5Y17.77%
Sales Q2Q%-5.84%
Revenue Next Year1.86%
Revenue Next 2Y3.99%
Revenue Next 3Y4.81%
Revenue Next 5YN/A
EBIT growth 1Y38.73%
EBIT growth 3Y4.37%
EBIT growth 5Y56.06%
EBIT Next Year42.58%
EBIT Next 3Y18.31%
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.
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 11.54 and the Price/Book (PB) ratio is 0.93.
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.