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

COMMON STOCK | Utilities-Renewable | TSX

Last Closing Price

CAD 21.98

Change

0.00 (0.00)%

Market Cap

CAD 13.12B

Volume

1.60M

Average Target Price

CAD 20.00 (-9.01%)
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 and the United States. 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 gigawatt; and regulated electric, natural gas, water distribution, and wastewater collection utility systems. It serves approximately 267,000 electric connections; 369,000 natural gas connections; and 168,000 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. Address: 354 Davis Road, Oakville, ON, Canada, L6J 2X1

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-23 )

Largest Industry Peers for Utilities-Renewable

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

N/A

CAD17.23B 153.53 23.91
BEPC:CA Brookfield Renewable Corporati..

N/A

CAD12.86B 98.68 321.33
NPI:CA Northland Power Inc

N/A

CAD10.04B 26.30 11.80
RNW:CA TransAlta Renewables Inc

N/A

CAD6.02B 68.81 23.43
BLX:CA Boralex Inc

N/A

CAD5.61B 1,765.16 20.78
INE:CA Innergex Renewable Energy Inc

N/A

CAD5.47B 272.25 20.96
CSE-PA:CA Capstone Infrastructure Corpor..

N/A

CAD3.95B N/A N/A
INE-PA:CA Innergex Renewable Energy Inc

N/A

CAD2.15B 73.25 N/A
PIF:CA Polaris Infrastructure Inc

N/A

CAD0.36B 18.95 8.00
ETX:CA Etrion Corporation

N/A

CAD0.17B 8.25 5.59

ETFs Containing AQN:CA

Symbol Name Weight Mer Price(Change) Market Cap
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

CAD0.19B
ZUT:CA BMO Equal Weight Utilitie.. 0.00 % 0.55 %

N/A

CAD0.45B
ZFC:CA BMO SIA Focused Canadian .. 0.00 % 0.75 %

N/A

CAD0.06B
CMCE:CA CIBC Multifactor Canadian.. 0.00 % 0.30 %

N/A

CAD0.24B

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 4.92% 33% F 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.92% 33% F 72% C-
Trailing 12 Months  
Capital Gain 10.79% 27% F 69% D+
Dividend Return 4.14% 56% F 84% B
Total Return 14.92% 27% F 66% D
Trailing 5 Years  
Capital Gain 98.73% 25% F 78% C+
Dividend Return 24.23% 33% F 73% C
Total Return 122.96% 25% F 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 14.97% 82% B- 86% B
Dividend Return 3.72% 44% F 82% B-
Total Return 18.69% 64% D 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 13.62% 82% B- 49% F
Risk Adjusted Return 137.19% 100% A+ 97% A+
Market Capitalization 13.12B 92% A- 92% 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%

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 27.14 73% C 24% F
Price/Book Ratio 2.28 90% A- 39% F
Price / Cash Flow Ratio 21.47 33% F 10% F
EV/EBITDA 19.83 60% D- 29% F
Management Effectiveness  
Return on Equity 7.99% 64% D 68% D+
Return on Invested Capital 3.96% 50% F 50% F
Return on Assets 1.94% 25% F 56% F
Debt to Equity Ratio 95.66% 64% D 27% F
Technical Ratios  
Short Ratio 6.27 17% F 13% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.26 91% A- 93% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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 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.

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:
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.

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.

Low Revenue Growth

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