AltaGas Ltd ALA

Morningstar Rating
CA$53.31 +0.62 (1.18%)
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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

ALA is trading at a LOCK|cDwM^ premium.
Price
CA$53.31
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

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Trading Information

Previous Close Price
CA$52.69
Day Range
CA$51.76–53.48
52-Week Range
CA$39.45–57.52
Bid/Ask
CA$52.70 / CA$53.48
Shares Outstanding
312.01M
Market Cap
CA$16.63B
Volume/Avg
671,317 / 905,994

Key Statistics

Price/Earnings (Normalized)
21.50
Price/Sales
1.19
Dividend Yield (Trailing)
2.47%
Dividend Yield (Forward)
2.51%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
2.47%

Company Profile

AltaGas Ltd is a North American energy infrastructure company that connects customers and markets to energy sources. AltaGas has three reporting segments: Utilities, Midstream, and Corporate/Other. The majority of its revenue is generated from the Midstream segment, which operates a North American energy platform that moves natural gas and LPGs from the wellhead to markets. It exports propane and butane to Asia through its LPG terminals, and runs natural gas gathering, processing, fractionation, liquids handling, and storage infrastructure. The segment also includes its natural gas and natural gas liquids (NGLs) marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. Geographically, the firm derives its key revenue from the U.S.
Sector
Energy
Industry
Oil & Gas Midstream
Stock Style Box
Mid Core
Total Number of Employees
2,853

Valuation

Metric
ALA
Price/Earnings (Normalized)
21.50
Price/Book Value
1.76
Price/Sales
1.19
Price/Cash Flow
11.40
Price/Earnings
ALA

Financial Strength

Metric
ALA
Quick Ratio
0.55
Current Ratio
0.86
Interest Coverage
2.85
Quick Ratio
ALA

Profitability

Metric
ALA
Return on Assets (Normalized)
2.75%
Return on Equity (Normalized)
8.41%
Return on Invested Capital (Normalized)
5.31%
Return on Assets
ALA

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