ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP (AQN-PR-D.CA) Stock Fundamental Analysis
TSX:AQN-PR-D - Toronto Stock Exchange - CA0158575013 - Currency: CAD
We assign a fundamental rating of 3 out of 10 to AQN-PR-D. AQN-PR-D was compared to 21 industry peers in the Multi-Utilities industry. AQN-PR-D has a bad profitability rating. Also its financial health evaluation is rather negative. AQN-PR-D is valued expensive and it does not seem to be growing. AQN-PR-D also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AQN-PR-D was profitable.
In the past year AQN-PR-D had a positive cash flow from operations.
In multiple years AQN-PR-D reported negative net income over the last 5 years.
AQN-PR-D had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AQN-PR-D has a worse Return On Assets (-9.49%) than 90.48% of its industry peers.
AQN-PR-D has a worse Return On Equity (-27.63%) than 90.48% of its industry peers.
AQN-PR-D has a Return On Invested Capital of 3.58%. This is comparable to the rest of the industry: AQN-PR-D outperforms 57.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AQN-PR-D is in line with the industry average of 3.71%.
The 3 year average ROIC (2.15%) for AQN-PR-D is below the current ROIC(3.58%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.49% | ||
| ROE | -27.63% | ||
| ROIC | 3.58% |
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.15%
ROIC(5y)2.11%
1.3 Margins
With a Operating Margin value of 21.00%, AQN-PR-D is not doing good in the industry: 90.48% of the companies in the same industry are doing better.
AQN-PR-D's Operating Margin has declined in the last couple of years.
AQN-PR-D has a worse Gross Margin (73.47%) than 66.67% of its industry peers.
AQN-PR-D's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21% | ||
| PM (TTM) | N/A | ||
| GM | 73.47% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AQN-PR-D is destroying value.
The number of shares outstanding for AQN-PR-D has been increased compared to 1 year ago.
The number of shares outstanding for AQN-PR-D has been increased compared to 5 years ago.
Compared to 1 year ago, AQN-PR-D has an improved debt to assets ratio.
2.2 Solvency
AQN-PR-D has an Altman-Z score of 1.04. This is a bad value and indicates that AQN-PR-D is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.04, AQN-PR-D belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
AQN-PR-D has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
AQN-PR-D has a Debt to Equity ratio of 1.28. This is amongst the best in the industry. AQN-PR-D outperforms 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.04 |
ROIC/WACC0.53
WACC6.79%
2.3 Liquidity
AQN-PR-D has a Current Ratio of 1.16. This is a normal value and indicates that AQN-PR-D is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AQN-PR-D (1.16) is better than 80.95% of its industry peers.
A Quick Ratio of 0.97 indicates that AQN-PR-D may have some problems paying its short term obligations.
The Quick ratio of AQN-PR-D (0.97) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
AQN-PR-D shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.49%.
Measured over the past years, AQN-PR-D shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.38% on average per year.
Looking at the last year, AQN-PR-D shows a quite strong growth in Revenue. The Revenue has grown by 13.38% in the last year.
Measured over the past years, AQN-PR-D shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
EPS 1Y (TTM)-24.49%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%0%
Revenue 1Y (TTM)13.38%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-6.06%
3.2 Future
Based on estimates for the next years, AQN-PR-D will show a small growth in Earnings Per Share. The EPS will grow by 6.99% on average per year.
Based on estimates for the next years, AQN-PR-D will show a small growth in Revenue. The Revenue will grow by 2.30% on average per year.
EPS Next Y-20.16%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
EPS Next 5Y6.99%
Revenue Next Year-9.8%
Revenue Next 2Y-3.24%
Revenue Next 3Y-0.5%
Revenue Next 5Y2.3%
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 accelerating.
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
The Price/Earnings ratio is 50.10, which means the current valuation is very expensive for AQN-PR-D.
66.67% of the companies in the same industry are cheaper than AQN-PR-D, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.45, AQN-PR-D is valued quite expensively.
The Price/Forward Earnings ratio is 50.35, which means the current valuation is very expensive for AQN-PR-D.
Based on the Price/Forward Earnings ratio, AQN-PR-D is valued more expensive than 80.95% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AQN-PR-D to the average of the S&P500 Index (21.90), we can say AQN-PR-D is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.1 | ||
| Fwd PE | 50.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AQN-PR-D is valued expensively inside the industry as 90.48% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.95 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
5. Dividend
5.1 Amount
AQN-PR-D has a Yearly Dividend Yield of 6.92%, which is a nice return.
AQN-PR-D's Dividend Yield is a higher than the industry average which is at 5.81.
Compared to an average S&P500 Dividend Yield of 2.38, AQN-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.92% |
5.2 History
The dividend of AQN-PR-D has a limited annual growth rate of 0.06%.
AQN-PR-D has paid a dividend for at least 10 years, which is a reliable track record.
AQN-PR-D has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.06%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
AQN-PR-D has negative earnings and hence a negative payout ratio. The dividend may be in danger.
AQN-PR-D's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-20.99%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP
TSX:AQN-PR-D (7/4/2025, 7:00:00 PM)
25.05
+0.06 (+0.24%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners72.96%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap19.23B
Analysts67.69
Price Target20.7 (-17.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.92% |
Yearly Dividend0.55
Dividend Growth(5Y)0.06%
DP-20.99%
Div Incr Years1
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.21%
Min EPS beat(2)-25.74%
Max EPS beat(2)42.17%
EPS beat(4)2
Avg EPS beat(4)3.68%
Min EPS beat(4)-25.74%
Max EPS beat(4)42.17%
EPS beat(8)3
Avg EPS beat(8)-2.73%
EPS beat(12)5
Avg EPS beat(12)-3.23%
EPS beat(16)6
Avg EPS beat(16)-2.32%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-4.61%
Max Revenue beat(2)5.31%
Revenue beat(4)1
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-5.17%
Max Revenue beat(4)5.31%
Revenue beat(8)3
Avg Revenue beat(8)-2.03%
Revenue beat(12)7
Avg Revenue beat(12)0.37%
Revenue beat(16)10
Avg Revenue beat(16)2.48%
PT rev (1m)13%
PT rev (3m)2.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.1 | ||
| Fwd PE | 50.35 | ||
| P/S | 4.7 | ||
| P/FCF | N/A | ||
| P/OCF | 33.31 | ||
| P/B | 3.02 | ||
| P/tB | 4.28 | ||
| EV/EBITDA | 18.95 |
EPS(TTM)0.5
EY2%
EPS(NY)0.5
Fwd EY1.99%
FCF(TTM)-0.81
FCFYN/A
OCF(TTM)0.75
OCFY3%
SpS5.33
BVpS8.31
TBVpS5.86
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.49% | ||
| ROE | -27.63% | ||
| ROCE | 4.97% | ||
| ROIC | 3.58% | ||
| ROICexc | 3.6% | ||
| ROICexgc | 4.04% | ||
| OM | 21% | ||
| PM (TTM) | N/A | ||
| GM | 73.47% | ||
| 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%
ROICexcg growth 3Y4.3%
ROICexcg 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-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.61 | ||
| Cap/Depr | 199.46% | ||
| Cap/Sales | 29.3% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | 39.53% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.04 |
F-Score5
WACC6.79%
ROIC/WACC0.53
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)-24.49%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%0%
EPS Next Y-20.16%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
EPS Next 5Y6.99%
Revenue 1Y (TTM)13.38%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-6.06%
Revenue Next Year-9.8%
Revenue Next 2Y-3.24%
Revenue Next 3Y-0.5%
Revenue Next 5Y2.3%
EBIT growth 1Y26.92%
EBIT growth 3Y4.45%
EBIT growth 5Y4.06%
EBIT Next Year44.64%
EBIT Next 3Y17.99%
EBIT Next 5YN/A
FCF growth 1Y-3.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.77%
OCF growth 3Y45.17%
OCF growth 5Y-4.65%