ALLIANT ENERGY CORP (LNT)
US0188021085 - Common Stock
Taking everything into account, LNT scores 3 out of 10 in our fundamental rating. LNT was compared to 47 industry peers in the Electric Utilities industry. There are concerns on the financial health of LNT while its profitability can be described as average. LNT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LNT was profitable.
In the past year LNT had a positive cash flow from operations.
LNT had positive earnings in each of the past 5 years.
In the past 5 years LNT always reported a positive cash flow from operatings.
1.2 Ratios
LNT's Return On Assets of 2.90% is in line compared to the rest of the industry. LNT outperforms 60.00% of its industry peers.
LNT has a Return On Equity of 9.49%. This is comparable to the rest of the industry: LNT outperforms 57.78% of its industry peers.
LNT has a Return On Invested Capital of 3.44%. This is in the lower half of the industry: LNT underperforms 68.89% of its industry peers.
LNT had an Average Return On Invested Capital over the past 3 years of 3.84%. This is in line with the industry average of 4.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.9% | ||
| ROE | 9.49% | ||
| ROIC | 3.44% |
ROA(3y)3.42%
ROA(5y)3.41%
ROE(3y)10.77%
ROE(5y)10.61%
ROIC(3y)3.84%
ROIC(5y)3.82%
1.3 Margins
The Profit Margin of LNT (16.66%) is better than 77.78% of its industry peers.
In the last couple of years the Profit Margin of LNT has grown nicely.
LNT's Operating Margin of 22.89% is fine compared to the rest of the industry. LNT outperforms 73.33% of its industry peers.
LNT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 94.33%, LNT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of LNT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.89% | ||
| PM (TTM) | 16.66% | ||
| GM | 94.33% |
OM growth 3Y2.63%
OM growth 5Y3.57%
PM growth 3Y-0.97%
PM growth 5Y3.8%
GM growth 3Y-0.74%
GM growth 5Y-0.18%
2. Health
2.1 Basic Checks
LNT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for LNT has been increased compared to 1 year ago.
Compared to 5 years ago, LNT has more shares outstanding
LNT has a worse debt/assets ratio than last year.
2.2 Solvency
LNT has an Altman-Z score of 1.14. This is a bad value and indicates that LNT is not financially healthy and even has some risk of bankruptcy.
LNT's Altman-Z score of 1.14 is fine compared to the rest of the industry. LNT outperforms 71.11% of its industry peers.
LNT has a Debt/Equity ratio of 1.37. This is a high value indicating a heavy dependency on external financing.
LNT has a Debt to Equity ratio (1.37) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.14 |
ROIC/WACC0.5
WACC6.93%
2.3 Liquidity
A Current Ratio of 0.86 indicates that LNT may have some problems paying its short term obligations.
The Current ratio of LNT (0.86) is worse than 66.67% of its industry peers.
LNT has a Quick Ratio of 0.86. This is a bad value and indicates that LNT is not financially healthy enough and could expect problems in meeting its short term obligations.
LNT has a Quick ratio (0.72) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.36% over the past year.
Measured over the past 5 years, LNT shows a small growth in Earnings Per Share. The EPS has been growing by 5.48% on average per year.
Looking at the last year, LNT shows a decrease in Revenue. The Revenue has decreased by -3.83% in the last year.
The Revenue has been growing slightly by 2.64% on average over the past years.
EPS 1Y (TTM)0.36%
EPS 3Y5.23%
EPS 5Y5.48%
EPS Q2Q%9.52%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y5.64%
Revenue growth 5Y2.64%
Sales Q2Q%0.37%
3.2 Future
The Earnings Per Share is expected to grow by 7.04% on average over the next years.
Based on estimates for the next years, LNT will show a small growth in Revenue. The Revenue will grow by 4.56% on average per year.
EPS Next Y9.09%
EPS Next 2Y7.62%
EPS Next 3Y7.27%
EPS Next 5Y7.04%
Revenue Next Year1.36%
Revenue Next 2Y2.11%
Revenue Next 3Y2.53%
Revenue Next 5Y4.56%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.53, the valuation of LNT can be described as rather expensive.
LNT's Price/Earnings ratio is a bit more expensive when compared to the industry. LNT is more expensive than 73.33% of the companies in the same industry.
LNT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.96.
Based on the Price/Forward Earnings ratio of 19.46, the valuation of LNT can be described as rather expensive.
LNT's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. LNT is more expensive than 66.67% of the companies in the same industry.
LNT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 19.46 |
4.2 Price Multiples
LNT's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. LNT is more expensive than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LNT does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of LNT may justify a higher PE ratio.
PEG (NY)2.48
PEG (5Y)4.11
EPS Next 2Y7.62%
EPS Next 3Y7.27%
5. Dividend
5.1 Amount
LNT has a Yearly Dividend Yield of 3.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.44, LNT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.23, LNT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
5.2 History
The dividend of LNT is nicely growing with an annual growth rate of 6.11%!
LNT has paid a dividend for at least 10 years, which is a reliable track record.
LNT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.11%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
LNT pays out 73.22% of its income as dividend. This is not a sustainable payout ratio.
The dividend of LNT is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP73.22%
EPS Next 2Y7.62%
EPS Next 3Y7.27%
ALLIANT ENERGY CORP
NASDAQ:LNT (11/22/2024, 11:40:34 AM)
63.545
+0.34 (+0.55%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap16.31B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 19.46 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.48
PEG (5Y)4.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.9% | ||
| ROE | 9.49% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 22.89% | ||
| PM (TTM) | 16.66% | ||
| GM | 94.33% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)0.36%
EPS 3Y5.23%
EPS 5Y
EPS Q2Q%
EPS Next Y9.09%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y5.64%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y