ATGFF:OTC-AltaGas Ltd (USD)

COMMON STOCK | Utilities-Regulated Gas | OTC

Last Closing Price

USD 15.45

Change

-0.05 (-0.32)%

Market Cap

USD 4.36B

Volume

5.40K

Average Target Price

USD 22.39 (+44.91%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

AltaGas Ltd. operates as a diversified energy infrastructure company in North America. The company operates through three segments: Utilities, Midstream, and Power. The Utilities segment owns and operates regulated natural gas distribution utilities in Michigan, Alaska, the District of Columbia, Maryland, and Virginia; and two regulated natural gas storage utilities in the United States serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. It serves homes and businesses. The Midstream segment engages in the natural gas gathering and processing; natural gas liquids (NGL) extraction and fractionation, transmission, and storage; natural gas and NGL marketing; and gas retail marketing activities. This segment owns approximately 1.4 billion cubic feet per day (Bcf/d) of natural gas extraction processing capacity and holds interests in regulated pipelines in the Marcellus/Utica gas formation in the northeastern United States. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. The Power segment is involved in the generation and sale of electricity; and provision of energy storage and retail power marketing, and ancillary services in Alberta, California, and Colorado. It has 710 megawatt of operational gross capacity from natural gas-fired, biomass, solar, and distributed energy. This segment serves residential, commercial, and industrial users. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-25 )

Largest Industry Peers for Utilities-Regulated Gas

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
APAJF APA Group

N/A

USD26.01B 42.70 20.97
HOKCF The Hong Kong and China Gas Co..

N/A

USD25.86B 20.00 2.33
HOKCY The Hong Kong and China Gas Co..

+0.02 (+1.43%)

USD25.86B 19.72 2.33
GASNF Naturgy Energy Group, S.A

N/A

USD22.74B 14.24 4.22
GASNY Naturgy Energy Group, S.A

-0.03 (-0.54%)

USD22.74B 14.63 4.45
CGHOF China Gas Holdings Limited

-0.15 (-3.77%)

USD19.87B 23.27 1.75
CGHLY China Gas Holdings Limited

-0.18 (-0.18%)

USD19.87B 22.25 1.75
XNGSY ENN Energy Holdings Limited

-0.64 (-0.97%)

USD18.43B 39.93 2.29
XNGSF ENN Energy Holdings Limited

-0.05 (-0.30%)

USD18.43B 19.97 2.29
SNMRY Snam S.p.A

+0.21 (+2.01%)

USD17.32B 16.67 5.67

ETFs Containing ATGFF

Symbol Name Weight Mer Price(Change) Market Cap
FCAN First Trust Canada AlphaD.. 0.00 % 0.80 %

N/A

USD3.08M

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Regulated Gas)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.96% 70% C- 46% F
Dividend Return 0.44% 60% D- 16% F
Total Return 5.40% 70% C- 47% F
Trailing 12 Months  
Capital Gain -0.64% 63% D 42% F
Dividend Return 4.70% 64% D 80% B-
Total Return 4.06% 67% D+ 45% F
Trailing 5 Years  
Capital Gain -30.66% 21% F 27% F
Dividend Return 36.39% 100% A+ 86% B
Total Return 5.74% 47% F 39% F
Average Annual (5 Year Horizon)  
Capital Gain -12.64% 13% F 11% F
Dividend Return 8.16% 93% A 94% A
Total Return -4.48% 13% F 19% F
Risk Return Profile  
Volatility (Standard Deviation) 21.51% 13% F 37% F
Risk Adjusted Return -20.83% 20% F 22% F
Market Capitalization 4.36B 30% F 81% 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%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Regulated Gas)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.29 69% D+ 48% F
Price/Book Ratio 0.86 96% A 69% D+
Price / Cash Flow Ratio 7.08 38% F 23% F
EV/EBITDA 9.69 30% F 35% F
Management Effectiveness  
Return on Equity 5.39% 23% F 59% F
Return on Invested Capital 0.87% 3% F 42% F
Return on Assets 2.36% 3% F 70% C-
Debt to Equity Ratio 82.16% 48% F 24% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.56 13% F 26% 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%

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:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

Superior Revenue Growth

This stock has shown top quartile revenue 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.

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 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 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.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

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.