AT:NYE-Atlantic Power Corporation (USD)

COMMON STOCK | Utilities-Independent Power Producers | NYE

Last Closing Price

USD 3.01

Change

+0.01 (+0.33)%

Market Cap

USD 0.27B

Volume

1.33M

Average Target Price

USD 2.60 (-13.62%)
Average Analyst Rating

Verdict

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, 2019, 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. Atlantic Power Corporation was founded in 2004 and is headquartered in Dedham, Massachusetts.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-22 )

Largest Industry Peers for Utilities-Independent Power Producers

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
VST Vistra Corp

+0.15 (+0.71%)

USD10.36B 11.83 5.54
NRG NRG Energy, Inc

+0.66 (+1.61%)

USD9.98B 2.50 7.88
HNP Huaneng Power International, I..

-0.44 (-2.83%)

USD6.11B 48.63 1.04
TAC TransAlta Corporation

+0.04 (+0.45%)

USD2.41B 27.60 5.49

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 43.33% 100% A+ 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 43.33% 100% A+ 98% A+
Trailing 12 Months  
Capital Gain 25.94% 100% A+ 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 25.94% 100% A+ 79% C+
Trailing 5 Years  
Capital Gain 68.16% 50% F 65% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 68.16% 50% F 58% F
Average Annual (5 Year Horizon)  
Capital Gain -2.21% 40% F 31% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -2.21% 40% F 23% F
Risk Return Profile  
Volatility (Standard Deviation) 14.12% 100% A+ 57% F
Risk Adjusted Return -15.68% 40% F 24% F
Market Capitalization 0.27B 20% F 31% F
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-Independent Power Producers)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 9.32 80% B- 80% B-
Price/Book Ratio 14.22 20% F 6% F
Price / Cash Flow Ratio 1.84 60% D- 76% C
EV/EBITDA 8.79 20% F 72% C-
Management Effectiveness  
Return on Equity -15.75% 20% F 18% F
Return on Invested Capital 20.41% 100% A+ 92% A-
Return on Assets 2.39% 40% F 56% F
Debt to Equity Ratio -180.22% 100% A+ 96% A
Technical Ratios  
Short Ratio 1.57 80% B- 57% F
Short Percent 0.96% 75% C 84% B
Beta 0.36 100% A+ 85% 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:
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.

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.

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.