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Algonquin Power & Utilities Corp AQN

Morningstar Rating
CAD 8.02 −0.16 (1.96%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

AQN is trading at a 28% discount.
Price
CAD 8.22
Fair Value
CAD 42.28
Uncertainty
Very High
1-Star Price
CAD 51.52
5-Star Price
CAD 9.43
Economic Moat
Xrv
Capital Allocation
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Trading Information

Previous Close Price
CAD 8.18
Day Range
CAD 7.968.20
52-Week Range
CAD 6.7512.31
Bid/Ask
CAD 7.98 / CAD 8.05
Market Cap
CAD 5.53 Bil
Volume/Avg
2.1 Mil / 3.2 Mil

Key Statistics

Price/Earnings (Normalized)
11.69
Price/Sales
1.58
Dividend Yield (Trailing)
7.03%
Dividend Yield (Forward)
7.06%
Total Yield
7.03%

Company Profile

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Mid Value
Total Number of Employees
3,946

Comparables

Valuation

Metric
AQN
RNW
H
Price/Earnings (Normalized)
11.6941.9821.33
Price/Book Value
0.892.021.97
Price/Sales
1.586.722.93
Price/Cash Flow
5.9614.8110.66
Price/Earnings
AQN
RNW
H

Financial Strength

Metric
AQN
RNW
H
Quick Ratio
0.340.780.45
Current Ratio
0.630.870.50
Interest Coverage
0.322.763.23
Quick Ratio
AQN
RNW
H

Profitability

Metric
AQN
RNW
H
Return on Assets (Normalized)
2.07%2.33%3.42%
Return on Equity (Normalized)
7.46%4.35%9.50%
Return on Invested Capital (Normalized)
3.61%3.09%5.88%
Return on Assets
AQN
RNW
H
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Capital Allocation
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CEZYY
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BEP
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BEPC
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