ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA) Fundamental Analysis & Valuation

TSX:AQN-PR-A • CA0158573034

26.18 CAD
+0.08 (+0.31%)
Last: Mar 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This AQN-PR-A.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Taking everything into account, AQN-PR-A scores 3 out of 10 in our fundamental rating. AQN-PR-A was compared to 19 industry peers in the Multi-Utilities industry. Both the profitability and financial health of AQN-PR-A have multiple concerns. AQN-PR-A does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. AQN-PR-A.CA Profitability Analysis

1.1 Basic Checks

  • In the past year AQN-PR-A was profitable.
  • In the past year AQN-PR-A had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: AQN-PR-A reported negative net income in multiple years.
  • Of the past 5 years AQN-PR-A 4 years had a positive operating cash flow.
AQN-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFAQN-PR-A.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

1.2 Ratios

  • The Return On Assets of AQN-PR-A (-0.27%) is worse than 89.47% of its industry peers.
  • With a Return On Equity value of -0.80%, AQN-PR-A is not doing good in the industry: 89.47% of the companies in the same industry are doing better.
  • The Return On Invested Capital of AQN-PR-A (2.88%) is better than 63.16% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for AQN-PR-A is in line with the industry average of 2.60%.
  • The 3 year average ROIC (2.15%) for AQN-PR-A is below the current ROIC(2.88%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.27%
ROE -0.8%
ROIC 2.88%
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.15%
ROIC(5y)2.11%
AQN-PR-A.CA Yearly ROA, ROE, ROICAQN-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

1.3 Margins

  • AQN-PR-A's Operating Margin of 21.55% is fine compared to the rest of the industry. AQN-PR-A outperforms 63.16% of its industry peers.
  • AQN-PR-A's Operating Margin has declined in the last couple of years.
  • The Gross Margin of AQN-PR-A (73.94%) is worse than 73.68% of its industry peers.
  • AQN-PR-A's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 21.55%
PM (TTM) N/A
GM 73.94%
OM growth 3Y3.93%
OM growth 5Y-3.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5Y0.16%
AQN-PR-A.CA Yearly Profit, Operating, Gross MarginsAQN-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. AQN-PR-A.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AQN-PR-A is destroying value.
  • AQN-PR-A has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AQN-PR-A.CA Yearly Shares OutstandingAQN-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
AQN-PR-A.CA Yearly Total Debt VS Total AssetsAQN-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • AQN-PR-A has an Altman-Z score of 0.99. This is a bad value and indicates that AQN-PR-A is not financially healthy and even has some risk of bankruptcy.
  • AQN-PR-A has a Altman-Z score of 0.99. This is amongst the best in the industry. AQN-PR-A outperforms 100.00% of its industry peers.
  • AQN-PR-A has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of AQN-PR-A (1.33) is better than 89.47% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF N/A
Altman-Z 0.99
ROIC/WACC0.41
WACC6.96%
AQN-PR-A.CA Yearly LT Debt VS Equity VS FCFAQN-PR-A.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

2.3 Liquidity

  • A Current Ratio of 1.23 indicates that AQN-PR-A should not have too much problems paying its short term obligations.
  • AQN-PR-A has a Current ratio of 1.23. This is in the lower half of the industry: AQN-PR-A underperforms 63.16% of its industry peers.
  • A Quick Ratio of 1.03 indicates that AQN-PR-A should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.03, AQN-PR-A is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 1.03
AQN-PR-A.CA Yearly Current Assets VS Current LiabilitesAQN-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

More info and screens

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

2

3. AQN-PR-A.CA Growth Analysis

3.1 Past

  • AQN-PR-A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.81%.
  • AQN-PR-A shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.41% yearly.
EPS 1Y (TTM)-10.81%
EPS 3Y-22.17%
EPS 5Y-12.41%
EPS Q2Q%0%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.85%

3.2 Future

  • The Earnings Per Share is expected to grow by 9.59% on average over the next years. This is quite good.
  • AQN-PR-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.69% yearly.
EPS Next Y10.95%
EPS Next 2Y16.42%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue Next Year3.84%
Revenue Next 2Y4.3%
Revenue Next 3Y6.69%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
AQN-PR-A.CA Yearly Revenue VS EstimatesAQN-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B 2.5B
AQN-PR-A.CA Yearly EPS VS EstimatesAQN-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.2 0.4 0.6

More info and screens

Find the best growth stocksShow best growing peers

0

4. AQN-PR-A.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 58.18 indicates a quite expensive valuation of AQN-PR-A.
  • 84.21% of the companies in the same industry are cheaper than AQN-PR-A, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of AQN-PR-A to the average of the S&P500 Index (25.71), we can say AQN-PR-A is valued expensively.
  • AQN-PR-A is valuated quite expensively with a Price/Forward Earnings ratio of 52.60.
  • 78.95% of the companies in the same industry are cheaper than AQN-PR-A, based on the Price/Forward Earnings ratio.
  • AQN-PR-A is valuated expensively when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 58.18
Fwd PE 52.6
AQN-PR-A.CA Price Earnings VS Forward Price EarningsAQN-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AQN-PR-A indicates a rather expensive valuation: AQN-PR-A more expensive than 89.47% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 23.18
AQN-PR-A.CA Per share dataAQN-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.31
PEG (5Y)N/A
EPS Next 2Y16.42%
EPS Next 3Y9.59%

More info and screens

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

6

5. AQN-PR-A.CA Dividend Analysis

5.1 Amount

  • AQN-PR-A has a Yearly Dividend Yield of 3.86%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 4.14, AQN-PR-A pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, AQN-PR-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.86%

5.2 History

  • The dividend of AQN-PR-A has a limited annual growth rate of 0.06%.
  • AQN-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
  • AQN-PR-A has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.06%
Div Incr Years1
Div Non Decr Years12
AQN-PR-A.CA Yearly Dividends per shareAQN-PR-A.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

  • AQN-PR-A has negative earnings and hence a negative payout ratio. The dividend may be in danger.
  • AQN-PR-A's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-569.86%
EPS Next 2Y16.42%
EPS Next 3Y9.59%
AQN-PR-A.CA Yearly Income VS Free CF VS DividendAQN-PR-A.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

More info and screens

Find the best dividend stocksShow peers with best dividend

AQN-PR-A.CA Fundamentals: All Metrics, Ratios and Statistics

ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP

TSX:AQN-PR-A (3/12/2026, 7:00:00 PM)

26.18

+0.08 (+0.31%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)03-06
Earnings (Next)05-07
Inst Owners74.49%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap20.11B
Revenue(TTM)N/A
Net Income(TTM)-37.22M
Analysts71.67
Price Target18.85 (-28%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.86%
Yearly Dividend0.55
Dividend Growth(5Y)0.06%
DP-569.86%
Div Incr Years1
Div Non Decr Years12
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)17.46%
Min EPS beat(2)-0.69%
Max EPS beat(2)35.61%
EPS beat(4)2
Avg EPS beat(4)12.84%
Min EPS beat(4)-25.74%
Max EPS beat(4)42.17%
EPS beat(8)4
Avg EPS beat(8)5.61%
EPS beat(12)5
Avg EPS beat(12)1.98%
EPS beat(16)6
Avg EPS beat(16)-0.66%
Revenue beat(2)1
Avg Revenue beat(2)-0.52%
Min Revenue beat(2)-1.85%
Max Revenue beat(2)0.82%
Revenue beat(4)2
Avg Revenue beat(4)-0.08%
Min Revenue beat(4)-4.61%
Max Revenue beat(4)5.31%
Revenue beat(8)3
Avg Revenue beat(8)-1.75%
Revenue beat(12)6
Avg Revenue beat(12)-0.49%
Revenue beat(16)9
Avg Revenue beat(16)0.59%
PT rev (1m)-4.8%
PT rev (3m)-12.08%
EPS NQ rev (1m)-1.58%
EPS NQ rev (3m)-16.95%
EPS NY rev (1m)-0.83%
EPS NY rev (3m)-0.83%
Revenue NQ rev (1m)-2.06%
Revenue NQ rev (3m)-2.06%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)-0.29%
Valuation
Industry RankSector Rank
PE 58.18
Fwd PE 52.6
P/S 6.2
P/FCF N/A
P/OCF 31.77
P/B 3.19
P/tB 4.54
EV/EBITDA 23.18
EPS(TTM)0.45
EY1.72%
EPS(NY)0.5
Fwd EY1.9%
FCF(TTM)-0.64
FCFYN/A
OCF(TTM)0.82
OCFY3.15%
SpS4.22
BVpS8.22
TBVpS5.77
PEG (NY)5.31
PEG (5Y)N/A
Graham Number9.12
Profitability
Industry RankSector Rank
ROA -0.27%
ROE -0.8%
ROCE 4%
ROIC 2.88%
ROICexc 2.9%
ROICexgc 3.25%
OM 21.55%
PM (TTM) N/A
GM 73.94%
FCFM N/A
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.15%
ROIC(5y)2.11%
ROICexc(3y)2.16%
ROICexc(5y)2.12%
ROICexgc(3y)2.37%
ROICexgc(5y)2.33%
ROCE(3y)2.99%
ROCE(5y)2.93%
ROICexgc growth 3Y4.3%
ROICexgc growth 5Y-5.03%
ROICexc growth 3Y4.14%
ROICexc growth 5Y-4.63%
OM growth 3Y3.93%
OM growth 5Y-3.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5Y0.16%
F-Score4
Asset Turnover0.17
Health
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF N/A
Debt/EBITDA 6.76
Cap/Depr 208.02%
Cap/Sales 34.55%
Interest Coverage 1.49
Cash Conversion 51.11%
Profit Quality N/A
Current Ratio 1.23
Quick Ratio 1.03
Altman-Z 0.99
F-Score4
WACC6.96%
ROIC/WACC0.41
Cap/Depr(3y)213.94%
Cap/Depr(5y)245.17%
Cap/Sales(3y)39.89%
Cap/Sales(5y)45.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.81%
EPS 3Y-22.17%
EPS 5Y-12.41%
EPS Q2Q%0%
EPS Next Y10.95%
EPS Next 2Y16.42%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%7.85%
Revenue Next Year3.84%
Revenue Next 2Y4.3%
Revenue Next 3Y6.69%
Revenue Next 5YN/A
EBIT growth 1Y-15.87%
EBIT growth 3Y4.45%
EBIT growth 5Y4.06%
EBIT Next Year45.9%
EBIT Next 3Y20.8%
EBIT Next 5YN/A
FCF growth 1Y-47.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-27.45%
OCF growth 3Y45.17%
OCF growth 5Y-4.65%

ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP / AQN-PR-A.CA FAQ

What is the fundamental rating for AQN-PR-A stock?

ChartMill assigns a fundamental rating of 3 / 10 to AQN-PR-A.CA.


Can you provide the valuation status for ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP?

ChartMill assigns a valuation rating of 0 / 10 to ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA). This can be considered as Overvalued.


How profitable is ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA) stock?

ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA) has a profitability rating of 3 / 10.


What is the earnings growth outlook for ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP?

The Earnings per Share (EPS) of ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA) is expected to grow by 10.95% in the next year.


Is the dividend of ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP sustainable?

The dividend rating of ALGONQUIN PWR & UTILITY - AQNCN 6.469 PERP (AQN-PR-A.CA) is 6 / 10 and the dividend payout ratio is -569.86%.