ALE:NYE-ALLETE, Inc (USD)

COMMON STOCK | Utilities-Diversified | NYE

Last Closing Price

USD 70.51

Change

0.00 (0.00)%

Market Cap

USD 3.68B

Volume

0.13M

Average Target Price

USD 67.33 (-4.51%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-13 )

Largest Industry Peers for Utilities-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
D Dominion Energy, Inc

N/A

USD62.36B 80.04 14.96
DCUE Dominion Energy, Inc

N/A

USD60.86B 58.39 N/A
NGG National Grid plc

N/A

USD46.27B 20.05 18.32
SRE Sempra Energy

N/A

USD43.06B 10.82 14.38
SRE-PB Sempra Energy

N/A

USD35.67B 8.07 N/A
SRE-PA Sempra Energy

N/A

USD32.92B 7.53 N/A
PEG Public Service Enterprise Grou..

N/A

USD31.24B 14.86 10.32
ETR Entergy Corporation

N/A

USD21.86B 13.67 10.21
FE FirstEnergy Corp

N/A

USD21.08B 15.71 11.11
AES The AES Corporation

N/A

USD17.24B 396.72 15.92

ETFs Containing ALE

Symbol Name Weight Mer Price(Change) Market Cap
IBCJ:F iShares MSCI Poland UCITS.. 0.00 % 0.74 %

N/A

USD0.07B
IBCJ:XETRA iShares MSCI Poland UCITS.. 0.00 % 0.74 %

N/A

USD0.11B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.84% 78% C+ 56% F
Dividend Return 2.03% 56% F 68% D+
Total Return 15.87% 78% C+ 59% F
Trailing 12 Months  
Capital Gain 22.14% 61% D- 35% F
Dividend Return 4.32% 44% F 61% D-
Total Return 26.46% 56% F 35% F
Trailing 5 Years  
Capital Gain 14.82% 38% F 40% F
Dividend Return 17.86% 38% F 62% D-
Total Return 32.67% 38% F 38% F
Average Annual (5 Year Horizon)  
Capital Gain 0.87% 33% F 34% F
Dividend Return 2.96% 28% F 65% D
Total Return 3.83% 28% F 37% F
Risk Return Profile  
Volatility (Standard Deviation) 20.25% 44% F 55% F
Risk Adjusted Return 18.91% 22% F 31% F
Market Capitalization 3.68B 22% F 68% D+
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-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 23.03 33% F 36% F
Price/Book Ratio 1.59 88% B+ 61% D-
Price / Cash Flow Ratio 12.27 28% F 40% F
EV/EBITDA 13.71 44% F 52% F
Management Effectiveness  
Return on Equity 5.38% 16% F 44% F
Return on Invested Capital 4.80% 16% F 53% F
Return on Assets 1.48% 5% F 38% F
Debt to Equity Ratio 69.43% 89% B+ 52% F
Technical Ratios  
Short Ratio 4.61 22% F 21% F
Short Percent 1.75% 38% F 66% D
Beta 0.46 74% C 84% B
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 (USD)

Quarterly Financials (USD)

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:
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.

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.

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.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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 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.

Low Revenue Growth

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