ALGONQUIN PWR & UTILITY - AQNCN 8.5321 07/01/2079 (AQNB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AQNB - US0158578080
25.92 USD
+0.04 (+0.15%)
Overall AQNB gets a fundamental rating of 3 out of 10. We evaluated AQNB against 26 industry peers in the Multi-Utilities industry. AQNB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
- 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
- Looking at the Return On Assets, with a value of -0.27%, AQNB is doing worse than 96.15% of the companies in the same industry.
- AQNB's Return On Equity of -0.80% is on the low side compared to the rest of the industry. AQNB is outperformed by 96.15% of its industry peers.
- The Return On Invested Capital of AQNB (3.16%) is worse than 88.46% 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 3.94%.
- 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
- AQNB has a Operating Margin (21.55%) which is in line with its industry peers.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AQNB is destroying value.
- The number of shares outstanding for AQNB has been increased compared to 1 year ago.
- AQNB has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for AQNB has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.32, we must say that AQNB is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of AQNB (1.32) is better than 96.15% of its industry peers.
- AQNB has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external 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
- A Current Ratio of 1.23 indicates that AQNB should not have too much problems paying its short term obligations.
- AQNB's Current ratio of 1.23 is amongst the best of the industry. AQNB outperforms 88.46% of its industry peers.
- 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.
- With an excellent Quick ratio value of 1.03, AQNB belongs to the best of the industry, outperforming 88.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
- AQNB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.79%.
- Measured over the past years, AQNB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.38% on average per year.
- The Revenue for AQNB has decreased by -23.92% in the past year. This is quite bad
- Measured over the past years, AQNB shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
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
- AQNB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.09% yearly.
- AQNB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.30% yearly.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 78.55, the valuation of AQNB can be described as expensive.
- Based on the Price/Earnings ratio, AQNB is valued more expensive than 96.15% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. AQNB is valued rather expensively when compared to this.
- With a Price/Forward Earnings ratio of 70.73, AQNB can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, AQNB is valued more expensive than 96.15% of the companies 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 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.55 | ||
| Fwd PE | 70.73 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AQNB indicates a rather expensive valuation: AQNB more expensive than 96.15% of the companies listed 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
- AQNB has a Yearly Dividend Yield of 6.52%, which is a nice return.
- AQNB's Dividend Yield is rather good when compared to the industry average which is at 4.14. AQNB pays more dividend than 100.00% 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 | 6.52% |
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.
- The dividend of AQNB is growing, but earnings are growing more, so the dividend growth is 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%.