ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AQNB - US0158578080
25.85 USD
-0.03 (-0.12%)
Overall AQNB gets a fundamental rating of 3 out of 10. We evaluated AQNB against 26 industry peers in the Multi-Utilities industry. The financial health of AQNB is average, but there are quite some concerns on its profitability. AQNB is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- AQNB had positive earnings in the past year.
- In the past year AQNB had a positive cash flow from operations.
- In multiple years AQNB reported negative net income over the last 5 years.
- AQNB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- AQNB's Return On Assets of -0.27% is on the low side compared to the rest of the industry. AQNB is outperformed by 96.15% of its industry peers.
- With a Return On Equity value of -0.80%, AQNB is not doing good in the industry: 96.15% of the companies in the same industry are doing better.
- The Return On Invested Capital of AQNB (3.16%) is worse than 88.46% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for AQNB is in line with the industry average of 3.94%.
- The 3 year average ROIC (2.36%) for AQNB is below the current ROIC(3.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.27% | ||
| ROE | -0.8% | ||
| ROIC | 3.16% |
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
- The Operating Margin of AQNB (21.55%) is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of AQNB has declined.
- With a decent Gross Margin value of 73.94%, AQNB is doing good in the industry, outperforming 73.08% of the companies in the same industry.
- 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 | 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%
2. Health
2.1 Basic Checks
- AQNB 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, AQNB has more shares outstanding
- Compared to 5 years ago, AQNB has more shares outstanding
- Compared to 1 year ago, AQNB has an improved debt to assets ratio.
2.2 Solvency
- AQNB has an Altman-Z score of 1.32. This is a bad value and indicates that AQNB is not financially healthy and even has some risk of bankruptcy.
- AQNB has a Altman-Z score of 1.32. This is amongst the best in the industry. AQNB outperforms 96.15% of its industry peers.
- A Debt/Equity ratio of 1.33 is on the high side and indicates that AQNB has dependencies on debt financing.
- Looking at the Debt to Equity ratio, with a value of 1.33, AQNB is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.33 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.32 |
ROIC/WACC0.45
WACC7.05%
2.3 Liquidity
- AQNB has a Current Ratio of 1.23. This is a normal value and indicates that AQNB is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.23, AQNB belongs to the top of the industry, outperforming 88.46% of the companies in the same industry.
- AQNB has a Quick Ratio of 1.03. This is a normal value and indicates that AQNB is financially healthy and should not expect problems in meeting its short term obligations.
- AQNB has a Quick ratio of 1.03. This is amongst the best in the industry. AQNB outperforms 88.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
- The earnings per share for AQNB have decreased strongly by -29.79% in the last year.
- The earnings per share for AQNB have been decreasing by -10.38% on average. This is quite bad
- Looking at the last year, AQNB shows a very negative growth in Revenue. The Revenue has decreased by -23.92% in the last year.
- AQNB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.38% yearly.
EPS 1Y (TTM)-29.79%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%12.5%
Revenue 1Y (TTM)-23.92%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%1.66%
3.2 Future
- Based on estimates for the next years, AQNB will show a small growth in Earnings Per Share. The EPS will grow by 4.09% on average per year.
- The Revenue is expected to grow by 2.30% on average over the next years.
EPS Next Y-12.26%
EPS Next 2Y-0.48%
EPS Next 3Y6.43%
EPS Next 5Y4.09%
Revenue Next Year-9.53%
Revenue Next 2Y-3.01%
Revenue Next 3Y-0.37%
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.
- 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 78.33, which means the current valuation is very expensive for AQNB.
- Based on the Price/Earnings ratio, AQNB is valued expensively inside the industry as 96.15% of the companies are valued cheaper.
- The average S&P500 Price/Earnings ratio is at 28.60. AQNB is valued rather expensively when compared to this.
- A Price/Forward Earnings ratio of 70.53 indicates a quite expensive valuation of AQNB.
- Based on the Price/Forward Earnings ratio, AQNB is valued expensively inside the industry as 96.15% of the companies are valued cheaper.
- When comparing the Price/Forward Earnings ratio of AQNB to the average of the S&P500 Index (25.83), we can say AQNB is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.33 | ||
| Fwd PE | 70.53 |
4.2 Price Multiples
- AQNB's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AQNB is more expensive than 96.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.81 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.48%
EPS Next 3Y6.43%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.58%, AQNB is a good candidate for dividend investing.
- AQNB's Dividend Yield is rather good when compared to the industry average which is at 3.77. AQNB pays more dividend than 96.15% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, AQNB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.58% |
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
- The earnings of AQNB are negative and hence is the payout ratio. AQNB will probably not be able to sustain this dividend level.
- AQNB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-569.86%
EPS Next 2Y-0.48%
EPS Next 3Y6.43%
ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 / AQNB FAQ
Can you provide the ChartMill fundamental rating for ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079?
ChartMill assigns a fundamental rating of 3 / 10 to AQNB.
What is the valuation status of ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) stock?
ChartMill assigns a valuation rating of 0 / 10 to ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB). This can be considered as Overvalued.
How profitable is ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) stock?
ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) has a profitability rating of 3 / 10.
How financially healthy is ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079?
The financial health rating of ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) is 4 / 10.
Can you provide the dividend sustainability for AQNB stock?
The dividend rating of ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) is 6 / 10 and the dividend payout ratio is -569.86%.