ACI:CA:TSX-AltaGas Canada Inc (CAD)

COMMON STOCK | Utilities—Regulated Gas | TSX

Last Closing Price

CAD 33.42

Change

+0.02 (+0.06)%

Market Cap

CAD 0.97B

Volume

0.09M

Average Target Price

CAD 33.50 (+0.24%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

AltaGas Canada Inc. provides rate-regulated natural gas distribution and transmission utility services. The company operates through Renewable Energy and Utilities segments. It owns natural gas distribution and transmission utility businesses in Alberta, British Columbia, Nova Scotia, and the Northwest Territories. The company also holds an interest in the Bear Mountain Wind Park, a 102 MW generating wind facility consisting of 34 turbines, a substation, and transmission and collector lines; and the northwest hydro facilities located in Tahltan First Nation territory of Vancouver, British Columbia. It also operates gas distribution systems. AltaGas Canada Inc. serves 130,000 customers in Canada. The company was formerly known as AltaGas Utility Holdings (Pacific) Inc. and changed its name to AltaGas Canada Inc. in September 2018. The company was incorporated in 2011 and is headquartered in Calgary, Canada. AltaGas Canada Inc. is a subsidiary of AltaGas Ltd.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-03-27 )

Largest Industry Peers for Utilities—Regulated Gas

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SPB:CA Superior Plus Corp

N/A

CAD1.17B 8.21 5.58

ETFs Containing ACI:CA

Symbol Name Weight Mer Price(Change) Market Cap
FAI:CA CI First Asset Active Uti.. 4.83 % 1.14 %

-0.35 (-3.38%)

CAD0.03B
FDV:CA CI First Asset Active Can.. 3.68 % 0.94 %

-0.35 (-4.35%)

CAD0.02B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities—Regulated Gas)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.15% 100% A+ 93% A
Dividend Return 0.78% 100% A+ 85% B
Total Return 0.93% 100% A+ 94% A
Trailing 12 Months  
Capital Gain 93.63% 100% A+ 98% A+
Dividend Return 4.39% 100% A+ 91% A-
Total Return 98.02% 100% A+ 98% A+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 31.82% 100% A+ 89% B+
Dividend Return 1.43% 50% F 21% F
Total Return 33.25% 100% A+ 89% B+
Risk Return Profile  
Volatility (Standard Deviation) 52.91% 50% F 15% F
Risk Adjusted Return 62.83% 100% A+ 52% F
Market Capitalization 0.97B 50% F 77% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities—Regulated Gas)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 23.01 50% F 21% F
Price/Book Ratio 1.56 50% F 30% F
Price / Cash Flow Ratio 12.61 50% F 15% F
EV/EBITDA 16.44 50% F 12% F
Management Effectiveness  
Return on Equity 6.85% 50% F 58% F
Return on Invested Capital 5.05% 50% F 52% F
Return on Assets 2.75% 50% F 59% F
Debt to Equity Ratio 103.58% 100% A+ 30% F
Technical Ratios  
Short Ratio 0.89 100% A+ 52% F
Short Percent N/A N/A N/A N/A N/A
Beta -0.73 100% A+ 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.