ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 (AQNB) Stock Fundamental Analysis
NYSE:AQNB - New York Stock Exchange, Inc. - US0158578080 - Currency: USD
We assign a fundamental rating of 3 out of 10 to AQNB. AQNB was compared to 25 industry peers in the Multi-Utilities industry. AQNB may be in some trouble as it scores bad on both profitability and health. AQNB has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
AQNB had positive earnings in the past year.
AQNB had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AQNB reported negative net income in multiple years.
In the past 5 years AQNB always reported a positive cash flow from operatings.
1.2 Ratios
AQNB's Return On Assets of -8.74% is on the low side compared to the rest of the industry. AQNB is outperformed by 96.00% of its industry peers.
AQNB's Return On Equity of -31.49% is on the low side compared to the rest of the industry. AQNB is outperformed by 96.00% of its industry peers.
AQNB's Return On Invested Capital of 3.03% is on the low side compared to the rest of the industry. AQNB is outperformed by 88.00% of its industry peers.
AQNB had an Average Return On Invested Capital over the past 3 years of 2.36%. This is in line with the industry average of 3.76%.
The last Return On Invested Capital (3.03%) for AQNB is above the 3 year average (2.36%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.74% | ||
| ROE | -31.49% | ||
| ROIC | 3.03% |
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.36%
ROIC(5y)2.31%
1.3 Margins
With a Operating Margin value of 19.43%, AQNB is not doing good in the industry: 68.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of AQNB has declined.
AQNB's Gross Margin of 74.09% is fine compared to the rest of the industry. AQNB outperforms 76.00% of its industry peers.
In the last couple of years the Gross Margin of AQNB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.43% | ||
| PM (TTM) | N/A | ||
| GM | 74.09% |
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 AQNB is destroying value.
AQNB has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AQNB has been increased compared to 5 years ago.
Compared to 1 year ago, AQNB has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.97, we must say that AQNB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.97, AQNB is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
AQNB has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
AQNB has a Debt to Equity ratio of 1.32. This is in the better half of the industry: AQNB outperforms 64.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.97 |
ROIC/WACC0.45
WACC6.79%
2.3 Liquidity
A Current Ratio of 0.76 indicates that AQNB may have some problems paying its short term obligations.
AQNB has a Current ratio (0.76) which is comparable to the rest of the industry.
AQNB has a Quick Ratio of 0.76. This is a bad value and indicates that AQNB is not financially healthy enough and could expect problems in meeting its short term obligations.
AQNB has a Quick ratio of 0.64. This is in the better half of the industry: AQNB outperforms 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
AQNB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.85%.
AQNB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.38% yearly.
AQNB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.29%.
The Revenue has been growing slightly by 7.38% on average over the past years.
EPS 1Y (TTM)-28.85%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%-62.5%
Revenue 1Y (TTM)13.29%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-12.31%
3.2 Future
AQNB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.86% yearly.
The Revenue is expected to grow by 0.82% on average over the next years.
EPS Next Y-22.79%
EPS Next 2Y-2.06%
EPS Next 3Y0.93%
EPS Next 5Y2.86%
Revenue Next Year-5.33%
Revenue Next 2Y-0.84%
Revenue Next 3Y0.32%
Revenue Next 5Y0.82%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 67.76 indicates a quite expensive valuation of AQNB.
Based on the Price/Earnings ratio, AQNB is valued expensively inside the industry as 92.00% of the companies are valued cheaper.
Compared to an average S&P500 Price/Earnings ratio of 28.29, AQNB is valued quite expensively.
The Price/Forward Earnings ratio is 87.75, which means the current valuation is very expensive for AQNB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AQNB indicates a rather expensive valuation: AQNB more expensive than 96.00% of the companies listed in the same industry.
AQNB's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.76 | ||
| Fwd PE | 87.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AQNB is valued more expensive than 96.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.19 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.06%
EPS Next 3Y0.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.87%, AQNB is a good candidate for dividend investing.
AQNB's Dividend Yield is rather good when compared to the industry average which is at 3.72. AQNB pays more dividend than 92.00% of the companies in the same industry.
AQNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
5.2 History
The dividend of AQNB has a limited annual growth rate of 0.06%.
AQNB has been paying a dividend for over 5 years, so it has already some track record.
AQNB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.06%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
AQNB has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of AQNB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-19.94%
EPS Next 2Y-2.06%
EPS Next 3Y0.93%
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079
NYSE:AQNB (4/17/2025, 8:04:00 PM)
25.07
+0.02 (+0.08%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners65.03%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.24B
Analysts69.23
Price Target19.53 (-22.1%)
Short Float %0%
Short Ratio0.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.87% |
Yearly Dividend0.41
Dividend Growth(5Y)0.06%
DP-19.94%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.44%
Min EPS beat(2)-25.74%
Max EPS beat(2)-15.13%
EPS beat(4)1
Avg EPS beat(4)-9.65%
Min EPS beat(4)-25.74%
Max EPS beat(4)13.41%
EPS beat(8)2
Avg EPS beat(8)-8.19%
EPS beat(12)4
Avg EPS beat(12)-6.93%
EPS beat(16)5
Avg EPS beat(16)-5.28%
Revenue beat(2)0
Avg Revenue beat(2)-2.35%
Min Revenue beat(2)-4.61%
Max Revenue beat(2)-0.08%
Revenue beat(4)0
Avg Revenue beat(4)-4.86%
Min Revenue beat(4)-9.57%
Max Revenue beat(4)-0.08%
Revenue beat(8)3
Avg Revenue beat(8)-2.1%
Revenue beat(12)6
Avg Revenue beat(12)-0.23%
Revenue beat(16)10
Avg Revenue beat(16)3.09%
PT rev (1m)-9.3%
PT rev (3m)-17.39%
EPS NQ rev (1m)-0.75%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-7.26%
EPS NY rev (3m)-4.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.76 | ||
| Fwd PE | 87.75 | ||
| P/S | 6.29 | ||
| P/FCF | N/A | ||
| P/OCF | 39.93 | ||
| P/B | 4.09 | ||
| P/tB | 5.78 | ||
| EV/EBITDA | 24.19 |
EPS(TTM)0.37
EY1.48%
EPS(NY)0.29
Fwd EY1.14%
FCF(TTM)-0.51
FCFYN/A
OCF(TTM)0.63
OCFY2.5%
SpS3.98
BVpS6.14
TBVpS4.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.74% | ||
| ROE | -31.49% | ||
| ROCE | 3.84% | ||
| ROIC | 3.03% | ||
| ROICexc | 3.04% | ||
| ROICexgc | 3.34% | ||
| OM | 19.43% | ||
| PM (TTM) | N/A | ||
| GM | 74.09% | ||
| FCFM | N/A |
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.36%
ROIC(5y)2.31%
ROICexc(3y)2.37%
ROICexc(5y)2.33%
ROICexgc(3y)2.6%
ROICexgc(5y)2.56%
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-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.32 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.8 | ||
| Cap/Depr | 183.02% | ||
| Cap/Sales | 28.54% | ||
| Interest Coverage | 1.37 | ||
| Cash Conversion | 44.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 0.97 |
F-Score6
WACC6.79%
ROIC/WACC0.45
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)-28.85%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%-62.5%
EPS Next Y-22.79%
EPS Next 2Y-2.06%
EPS Next 3Y0.93%
EPS Next 5Y2.86%
Revenue 1Y (TTM)13.29%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-12.31%
Revenue Next Year-5.33%
Revenue Next 2Y-0.84%
Revenue Next 3Y0.32%
Revenue Next 5Y0.82%
EBIT growth 1Y19.34%
EBIT growth 3Y4.45%
EBIT growth 5Y4.06%
EBIT Next Year43.04%
EBIT Next 3Y15.62%
EBIT Next 5YN/A
FCF growth 1Y1.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.3%
OCF growth 3Y45.17%
OCF growth 5Y-4.65%