AT:NYE-Atlantic Power Corporation (USD)

COMMON STOCK | Utilities-Independent Power Producers | NYE

Last Closing Price

USD 3.00

Change

-0.01 (-0.33)%

Market Cap

USD 0.27B

Volume

0.51M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2020, its portfolio consisted of twenty-one operating projects with an aggregate electric generating capacity of approximately 1,723 megawatts on a gross ownership basis and approximately 1,327 MW on a net ownership basis across eleven states in the United States and two provinces in Canada. The company sells its electricity to utilities and other customers. The company was incorporated in 2004 and is headquartered in Dedham, Massachusetts.

Company Website : http://www.atlanticpower.com

Address : 3 Allied Drive, Dedham, MA, United States, 02026

Employees : 261

Fiscal Year End : December

Currency: USD

Country : USA

Technical Indicators

Beta : 0.10

52 Week High : 3.06

Short Ratio : 1.18

52 Week Low : 1.79

Shorted Shares : 1,326,195

200 Day Moving Average : 2.43

Shorted Shares Previous Month : 1,113,007

50 Day Moving Average : 2.90

Shares Held By Insiders : 42.74%

Short Percentage : 1.00%

Shares Held by Institutions : 46.83%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-16 )

Largest Industry Peers for Utilities-Independent Power Producers

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

+0.25 (+0.65%)

 USD9.40B 18.57 8.84
VST Vistra Corp

-0.12 (-0.67%)

 USD8.63B 13.78 5.30
HNP Huaneng Power International, I..

+0.07 (+0.50%)

 USD5.53B 13.06 1.04
TAC TransAlta Corporation

+0.03 (+0.31%)

 USD2.67B 27.60 7.95

ETFs Containing AT

Symbol Name Weight Mer Price(Change) Market Cap
ISDS Invesco RAFI Strategic De.. 0.00 % 0.35 %

N/A

 USD4.16M

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Independent Power Producers)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 42.86% 100% A+ 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 42.86% 100% A+ 92% A-
Trailing 12 Months  
Capital Gain 43.54% 80% B- 50% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 43.54% 80% B- 47% F
Trailing 5 Years  
Capital Gain 23.46% 50% F 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 23.46% 50% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain -1.83% 40% F 26% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.83% 40% F 19% F
Risk Return Profile  
Volatility (Standard Deviation) 14.96% 100% A+ 65% D
Risk Adjusted Return -12.23% 40% F 17% F
Market Capitalization 0.27B 20% F 29% F
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-Independent Power Producers)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 4.82 100% A+ 92% A-
Price/Book Ratio 14.22 20% F 7% F
Price / Cash Flow Ratio 2.50 80% B- 72% C-
EV/EBITDA 5.24 80% B- 87% B+
Management Effectiveness  
Return on Equity 50.08% 100% A+ 97% A+
Return on Invested Capital 36.37% 100% A+ 97% A+
Return on Assets 2.52% 40% F 57% F
Debt to Equity Ratio -824.51% 100% A+ 98% A+
Technical Ratios  
Short Ratio 1.18 60% D- 63% D
Short Percent 1.54% 75% C 76% C
Beta 0.10 100% 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 (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:
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 on cashflow basis

The stock is trading low compared to its peers on a price to cash flow 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.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than 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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow 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 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.

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.

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 book value

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

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

Low Dividend Growth

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