AltaGas Ltd ALA
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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.
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Trading Information
- Previous Close Price
- CAD 30.40
- Day Range
- CAD 29.97–30.48
- 52-Week Range
- CAD 22.57–30.55
- Bid/Ask
- CAD 30.28 / CAD 30.44
- Market Cap
- CAD 8.99 Bil
- Volume/Avg
- 698,796 / 850,147
Key Statistics
- Price/Earnings (Normalized)
- 16.25
- Price/Sales
- 0.66
- Dividend Yield (Trailing)
- 3.78%
- Dividend Yield (Forward)
- 3.95%
- Total Yield
- 3.78%
Company Profile
AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through given segments: Midstream, Utilities and Corporate/other. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in natural gas liquid processing and extraction, transportation, and storage. Natural gas is sold and purchased for both commercial and industrial users. Revenue is derived from customers in both Canada and the United States, with Canadian customers contributing the most.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Stock Style Box
- Mid Value
- Total Number of Employees
- 2,893
- Website
- https://www.altagas.ca
Comparables
Valuation
|
Metric
|
ALA
|
FRU
|
KEL
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.25 | 15.06 | 10.94 |
Price/Book Value | 1.21 | 2.28 | 1.16 |
Price/Sales | 0.66 | 6.71 | 2.39 |
Price/Cash Flow | 8.37 | 8.81 | 4.36 |
Price/Earnings
ALA
FRU
KEL
Financial Strength
|
Metric
|
ALA
|
FRU
|
KEL
|
|---|---|---|---|
Quick Ratio | 0.57 | 1.66 | 0.73 |
Current Ratio | 0.89 | 2.12 | 0.83 |
Interest Coverage | 3.28 | 17.77 | 88.39 |
Quick Ratio
ALA
FRU
KEL
Profitability
|
Metric
|
ALA
|
FRU
|
KEL
|
|---|---|---|---|
Return on Assets (Normalized) | 2.17% | 12.00% | 9.20% |
Return on Equity (Normalized) | 6.89% | 14.82% | 11.55% |
Return on Invested Capital (Normalized) | 4.55% | 13.53% | 11.61% |
Return on Assets
ALA
FRU
KEL
Oil & Gas Midstream Industry Comparables
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