AQN:CA:TSX-Algonquin Power & Utilities Corp (CAD)

COMMON STOCK | Utilities-Renewable | TSX

Last Closing Price

CAD 20.16

Change

0.00 (0.00)%

Market Cap

CAD 12.07B

Volume

0.01B

Average Target Price

CAD 19.30 (-4.27%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Algonquin Power & Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada, the United States, Chile, and Bermuda. It generates and sells electrical energy through non-regulated renewable and clean energy power generation facilities. The company also owns and operates hydroelectric, wind, solar, and thermal facilities with generating capacity of approximately 2.1 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 306,000 electric connections; 371,000 natural gas connections; and 409,000 regulated water distribution and wastewater collection utility systems in the states of California, New Hampshire, Missouri, Kansas, Oklahoma, Arkansas, Georgia, Illinois, Iowa, Massachusetts, New York, Arizona, Texas, and the Province of New Brunswick. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-18 )

Largest Industry Peers for Utilities-Renewable

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BEP-PE:CA Brookfield Renewable Partners ..

N/A

CAD16.65B N/A N/A
BEP-PK:CA Brookfield Renewable Partners ..

N/A

CAD16.19B N/A N/A
BEP-PM:CA Brookfield Renewable Partners ..

N/A

CAD16.13B N/A N/A
BEP-PG:CA Brookfield Renewable Partners ..

N/A

CAD15.17B N/A N/A
BEP-UN:CA Brookfield Renewable Partners ..

N/A

CAD14.77B 153.53 17.42
BEP-PO:CA Brookfield Renewable Partners ..

N/A

CAD14.57B N/A N/A
BEP-PI:CA Brookfield Renewable Partners ..

N/A

CAD14.15B N/A N/A
BEPC:CA Brookfield Renewable Corporati..

N/A

CAD10.03B 98.68 318.10
NPI:CA Northland Power Inc

N/A

CAD8.83B 24.94 10.81
RNW:CA TransAlta Renewables Inc

N/A

CAD5.38B 58.21 18.75

ETFs Containing AQN:CA

Symbol Name Weight Mer Price(Change) Market Cap
CWW:CA iShares Global Water Inde.. 0.00 % 0.60 %

N/A

CAD0.28B
FAI:CA CI First Asset Active Uti.. 0.00 % 0.65 %

N/A

CAD0.03B
XUT:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

N/A

CAD0.25B
ZUT:CA BMO Equal Weight Utilitie.. 0.00 % 0.55 %

N/A

CAD0.45B
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.35 %

N/A

CAD0.09B
CMCE:CA CIBC Multifactor Canadian.. 0.00 % 0.25 %

N/A

CAD0.31B
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.35 %

N/A

CAD0.01B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Renewable)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -3.77% 58% F 14% F
Dividend Return 0.93% 57% F 59% F
Total Return -2.84% 58% F 16% F
Trailing 12 Months  
Capital Gain 1.77% 9% F 13% F
Dividend Return 4.12% 56% F 63% D
Total Return 5.89% 9% F 16% F
Trailing 5 Years  
Capital Gain 87.53% 50% F 80% B-
Dividend Return 25.84% 67% D+ 85% B
Total Return 113.38% 50% F 85% B
Average Annual (5 Year Horizon)  
Capital Gain 14.59% 64% D 85% B
Dividend Return 3.74% 44% F 83% B
Total Return 18.32% 64% D 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 13.84% 91% A- 58% F
Risk Adjusted Return 132.38% 100% A+ 97% A+
Market Capitalization 12.07B 61% D- 87% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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-Renewable)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.73 82% B- 64% D
Price/Book Ratio 1.92 90% A- 48% F
Price / Cash Flow Ratio 23.89 11% F 8% F
EV/EBITDA 14.02 60% D- 44% F
Management Effectiveness  
Return on Equity 13.57% 89% B+ 86% B
Return on Invested Capital 3.18% 6% F 50% F
Return on Assets 1.84% 72% C- 56% F
Debt to Equity Ratio 84.53% 70% C- 34% F
Technical Ratios  
Short Ratio 4.57 28% F 18% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.22 94% A 94% 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 volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Below median total returns

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

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 capital utilization

The company management has delivered below median return on invested capital 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.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.