AltaGas Ltd. Logo

AltaGas Ltd.

ALA.TO

(2.2)
Stock Price

33,49 CAD

2.48% ROA

5.7% ROE

22.1x PER

Market Cap.

10.109.101.860,00 CAD

112.98% DER

3.45% Yield

3.53% NPM

AltaGas Ltd. Stock Analysis

AltaGas Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

AltaGas Ltd. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

2 ROE

ROE in an average range (9.01%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.28%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (1.01x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

6 Net Profit Growth

This company's net profit has been consistently on the rise over the past three years, indicating a strong financial performance and making it an appealing investment opportunity.

7 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

8 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (566) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 DER

The company has a high debt to equity ratio (113%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

AltaGas Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

AltaGas Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

AltaGas Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

AltaGas Ltd. Revenue
Year Revenue Growth
1998 121.500.000
1999 257.100.000 52.74%
2000 504.883.000 49.08%
2001 489.775.000 -3.08%
2002 484.084.000 -1.18%
2003 708.884.000 31.71%
2004 859.219.000 17.5%
2005 1.502.346.000 42.81%
2006 1.362.604.000 -10.26%
2007 1.423.357.000 4.27%
2008 1.816.795.000 21.66%
2009 1.268.265.000 -43.25%
2010 1.354.052.000 6.34%
2011 1.563.772.000 13.41%
2012 1.428.203.000 -9.49%
2013 2.052.174.000 30.41%
2014 2.403.500.000 14.62%
2015 2.183.400.000 -10.08%
2016 2.201.100.000 0.8%
2017 2.618.700.000 15.95%
2018 4.256.700.000 38.48%
2019 5.495.000.000 22.54%
2020 5.587.000.000 1.65%
2021 10.573.000.000 47.16%
2022 14.087.000.000 24.94%
2023 12.120.000.000 -16.23%
2023 12.895.000.000 6.01%
2024 11.460.000.000 -12.52%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

AltaGas Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

AltaGas Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 323.244.000 100%
2013 430.479.000 24.91%
2014 450.600.000 4.47%
2015 491.900.000 8.4%
2016 509.300.000 3.42%
2017 573.800.000 11.24%
2018 1.129.000.000 49.18%
2019 1.298.700.000 13.07%
2020 1.267.000.000 -2.5%
2021 1.476.000.000 14.16%
2022 1.568.000.000 5.87%
2023 0 0%
2023 1.579.000.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

AltaGas Ltd. EBITDA
Year EBITDA Growth
1998 23.700.000
1999 42.600.000 44.37%
2000 55.718.000 23.54%
2001 70.618.000 21.1%
2002 95.695.000 26.21%
2003 121.866.000 21.48%
2004 133.377.000 8.63%
2005 155.483.000 14.22%
2006 173.125.000 10.19%
2007 173.698.000 0.33%
2008 256.346.000 32.24%
2009 248.357.000 -3.22%
2010 241.011.000 -3.05%
2011 258.612.000 6.81%
2012 316.128.000 18.19%
2013 512.605.000 38.33%
2014 418.500.000 -22.49%
2015 463.900.000 9.79%
2016 671.200.000 30.88%
2017 579.000.000 -15.92%
2018 2.300.000 -25073.91%
2019 725.800.000 99.68%
2020 1.160.000.000 37.43%
2021 1.133.000.000 -2.38%
2022 1.472.000.000 23.03%
2023 600.000.000 -145.33%
2023 1.194.000.000 49.75%
2024 1.064.000.000 -12.22%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

AltaGas Ltd. Gross Profit
Year Gross Profit Growth
1998 48.600.000
1999 88.400.000 45.02%
2000 125.834.000 29.75%
2001 137.896.000 8.75%
2002 169.874.000 18.82%
2003 219.857.000 22.73%
2004 249.770.000 11.98%
2005 296.865.000 15.86%
2006 318.913.000 6.91%
2007 318.958.000 0.01%
2008 476.477.000 33.06%
2009 456.577.000 -4.36%
2010 485.498.000 5.96%
2011 526.674.000 7.82%
2012 575.890.000 8.55%
2013 816.017.000 29.43%
2014 952.600.000 14.34%
2015 1.078.500.000 11.67%
2016 1.184.200.000 8.93%
2017 1.261.600.000 6.14%
2018 1.801.400.000 29.97%
2019 2.267.900.000 20.57%
2020 2.409.000.000 5.86%
2021 2.865.000.000 15.92%
2022 2.949.000.000 2.85%
2023 1.948.000.000 -51.39%
2023 2.263.000.000 13.92%
2024 2.216.000.000 -2.12%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

AltaGas Ltd. Net Profit
Year Net Profit Growth
1998 7.000.000
1999 11.000.000 36.36%
2000 17.427.000 36.88%
2001 18.604.000 6.33%
2002 28.686.000 35.15%
2003 38.323.000 25.15%
2004 65.801.000 41.76%
2005 90.288.000 27.12%
2006 114.511.000 21.15%
2007 108.794.000 -5.25%
2008 163.571.000 33.49%
2009 141.309.000 -15.75%
2010 101.262.000 -39.55%
2011 94.602.000 -7.04%
2012 116.769.000 18.98%
2013 201.096.000 41.93%
2014 130.100.000 -54.57%
2015 51.100.000 -154.6%
2016 203.500.000 74.89%
2017 91.600.000 -122.16%
2018 -435.100.000 121.05%
2019 833.500.000 152.2%
2020 552.000.000 -51%
2021 283.000.000 -95.05%
2022 399.000.000 29.07%
2023 -172.000.000 331.98%
2023 673.000.000 125.56%
2024 -152.000.000 542.76%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

AltaGas Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 1 0%
2003 1 0%
2004 1 100%
2005 2 0%
2006 2 50%
2007 2 -100%
2008 2 50%
2009 2 -100%
2010 1 0%
2011 1 0%
2012 1 100%
2013 2 0%
2014 1 0%
2015 0 0%
2016 1 0%
2017 0 0%
2018 -2 100%
2019 3 150%
2020 2 -100%
2021 1 0%
2022 1 100%
2023 -1 0%
2023 2 100%
2024 -1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

AltaGas Ltd. Free Cashflow
Year Free Cashflow Growth
1998 -209.100.000
1999 -86.600.000 -141.45%
2000 21.543.000 501.99%
2001 -51.433.000 141.89%
2002 -83.461.000 38.37%
2003 52.223.000 259.82%
2004 52.920.000 1.32%
2005 58.345.000 9.3%
2006 73.818.000 20.96%
2007 118.214.000 37.56%
2008 61.518.000 -92.16%
2009 -64.838.000 194.88%
2010 23.357.000 377.6%
2011 -248.727.000 109.39%
2012 -675.103.000 63.16%
2013 -181.345.000 -272.28%
2014 -90.900.000 -99.5%
2015 -150.100.000 39.44%
2016 -75.400.000 -99.07%
2017 51.900.000 245.28%
2018 -1.107.100.000 104.69%
2019 -719.000.000 -53.98%
2020 -70.000.000 -927.14%
2021 -76.000.000 7.89%
2022 -419.000.000 81.86%
2023 178.000.000 335.39%
2023 -241.000.000 173.86%
2024 147.000.000 263.95%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

AltaGas Ltd. Operating Cashflow
Year Operating Cashflow Growth
1998 9.500.000
1999 24.000.000 60.42%
2000 21.543.000 -11.41%
2001 45.401.000 52.55%
2002 75.281.000 39.69%
2003 96.468.000 21.96%
2004 147.706.000 34.69%
2005 112.310.000 -31.52%
2006 146.860.000 23.53%
2007 183.279.000 19.87%
2008 205.446.000 10.79%
2009 184.146.000 -11.57%
2010 192.582.000 4.38%
2011 209.855.000 8.23%
2012 146.357.000 -43.39%
2013 366.341.000 60.05%
2014 457.700.000 19.96%
2015 501.200.000 8.68%
2016 456.200.000 -9.86%
2017 545.200.000 16.32%
2018 -78.600.000 793.64%
2019 615.500.000 112.77%
2020 773.000.000 20.38%
2021 738.000.000 -4.74%
2022 539.000.000 -36.92%
2023 1.121.000.000 51.92%
2023 3.000.000 -37266.67%
2024 452.000.000 99.34%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

AltaGas Ltd. Capital Expenditure
Year Capital Expenditure Growth
1998 218.600.000
1999 110.600.000 -97.65%
2000 0 0%
2001 96.834.000 100%
2002 158.742.000 39%
2003 44.245.000 -258.78%
2004 94.786.000 53.32%
2005 53.965.000 -75.64%
2006 73.042.000 26.12%
2007 65.065.000 -12.26%
2008 143.928.000 54.79%
2009 248.984.000 42.19%
2010 169.225.000 -47.13%
2011 458.582.000 63.1%
2012 821.460.000 44.17%
2013 547.686.000 -49.99%
2014 548.600.000 0.17%
2015 651.300.000 15.77%
2016 531.600.000 -22.52%
2017 493.300.000 -7.76%
2018 1.028.500.000 52.04%
2019 1.334.500.000 22.93%
2020 843.000.000 -58.3%
2021 814.000.000 -3.56%
2022 958.000.000 15.03%
2023 943.000.000 -1.59%
2023 244.000.000 -286.48%
2024 305.000.000 20%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

AltaGas Ltd. Equity
Year Equity Growth
1998 128.800.000
1999 230.100.000 44.02%
2000 249.346.000 7.72%
2001 260.203.000 4.17%
2002 336.260.000 22.62%
2003 363.327.000 7.45%
2004 483.515.000 24.86%
2005 478.586.000 -1.03%
2006 529.416.000 9.6%
2007 584.688.000 9.45%
2008 957.442.000 38.93%
2009 1.048.857.000 8.72%
2010 1.211.031.000 13.39%
2011 1.362.140.000 11.09%
2012 1.999.797.000 31.89%
2013 2.829.470.000 29.32%
2014 3.574.200.000 20.84%
2015 4.202.900.000 14.96%
2016 4.615.400.000 8.94%
2017 4.639.200.000 0.51%
2018 7.640.200.000 39.28%
2019 7.368.800.000 -3.68%
2020 7.661.000.000 3.81%
2021 7.601.000.000 -0.79%
2022 7.618.000.000 0.22%
2023 7.887.000.000 3.41%
2023 7.863.000.000 -0.31%
2024 8.469.000.000 7.16%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

AltaGas Ltd. Assets
Year Assets Growth
1998 322.900.000
1999 429.200.000 24.77%
2000 571.419.000 24.89%
2001 708.996.000 19.4%
2002 889.197.000 20.27%
2003 919.260.000 3.27%
2004 1.108.596.000 17.08%
2005 1.068.329.000 -3.77%
2006 1.109.575.000 3.72%
2007 1.199.801.000 7.52%
2008 2.163.561.000 44.55%
2009 2.629.096.000 17.71%
2010 2.751.692.000 4.46%
2011 3.542.420.000 22.32%
2012 5.911.940.000 40.08%
2013 7.281.303.000 18.81%
2014 8.413.400.000 13.46%
2015 10.099.500.000 16.69%
2016 10.200.600.000 0.99%
2017 10.032.200.000 -1.68%
2018 23.487.700.000 57.29%
2019 19.794.500.000 -18.66%
2020 21.532.000.000 8.07%
2021 21.593.000.000 0.28%
2022 23.965.000.000 9.9%
2023 22.183.000.000 -8.03%
2023 23.471.000.000 5.49%
2024 23.932.000.000 1.93%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

AltaGas Ltd. Liabilities
Year Liabilities Growth
1998 194.100.000
1999 199.100.000 2.51%
2000 322.073.000 38.18%
2001 448.793.000 28.24%
2002 552.937.000 18.83%
2003 555.933.000 0.54%
2004 625.081.000 11.06%
2005 589.743.000 -5.99%
2006 580.159.000 -1.65%
2007 615.113.000 5.68%
2008 1.206.119.000 49%
2009 1.580.239.000 23.67%
2010 1.540.661.000 -2.57%
2011 2.180.280.000 29.34%
2012 3.912.143.000 44.27%
2013 4.451.833.000 12.12%
2014 4.839.200.000 8%
2015 5.896.600.000 17.93%
2016 5.585.200.000 -5.58%
2017 5.393.000.000 -3.56%
2018 15.847.500.000 65.97%
2019 12.425.700.000 -27.54%
2020 13.871.000.000 10.42%
2021 13.992.000.000 0.86%
2022 16.347.000.000 14.41%
2023 14.296.000.000 -14.35%
2023 15.608.000.000 8.41%
2024 15.463.000.000 -0.94%

AltaGas Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
43.62
Net Income per Share
1.54
Price to Earning Ratio
22.1x
Price To Sales Ratio
0.78x
POCF Ratio
8.64
PFCF Ratio
138.48
Price to Book Ratio
1.22
EV to Sales
1.53
EV Over EBITDA
12.12
EV to Operating CashFlow
17.02
EV to FreeCashFlow
271.81
Earnings Yield
0.05
FreeCashFlow Yield
0.01
Market Cap
10,11 Bil.
Enterprise Value
19,84 Bil.
Graham Number
31.07
Graham NetNet
-47.16

Income Statement Metrics

Net Income per Share
1.54
Income Quality
2.51
ROE
0.06
Return On Assets
0.02
Return On Capital Employed
0.05
Net Income per EBT
0.79
EBT Per Ebit
0.51
Ebit per Revenue
0.09
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0.09
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
0.09
Pretax Profit Margin
0.04
Net Profit Margin
0.04

Dividends

Dividend Yield
0.03
Dividend Yield %
3.45
Payout Ratio
0.78
Dividend Per Share
1.17

Operating Metrics

Operating Cashflow per Share
3.93
Free CashFlow per Share
0.25
Capex to Operating CashFlow
0.94
Capex to Revenue
0.08
Capex to Depreciation
2.4
Return on Invested Capital
0.05
Return on Tangible Assets
0.02
Days Sales Outstanding
40.08
Days Payables Outstanding
62.05
Days of Inventory on Hand
26.9
Receivables Turnover
9.11
Payables Turnover
5.88
Inventory Turnover
13.57
Capex per Share
3.69

Balance Sheet

Cash per Share
0,17
Book Value per Share
28,56
Tangible Book Value per Share
9.75
Shareholders Equity per Share
27.9
Interest Debt per Share
32.93
Debt to Equity
1.13
Debt to Assets
0.39
Net Debt to EBITDA
5.95
Current Ratio
0.85
Tangible Asset Value
2,89 Bil.
Net Current Asset Value
-12,97 Bil.
Invested Capital
18995000000
Working Capital
-0,44 Bil.
Intangibles to Total Assets
0.23
Average Receivables
1,62 Bil.
Average Payables
1,68 Bil.
Average Inventory
653000000
Debt to Market Cap
0.92

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

AltaGas Ltd. Dividends
Year Dividends Growth
2010 1
2011 1 100%
2012 1 0%
2013 1 0%
2014 2 0%
2015 2 0%
2016 2 50%
2017 2 0%
2018 2 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 100%
2023 1 0%
2024 1 0%

AltaGas Ltd. Profile

About AltaGas Ltd.

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

CEO
Mr. Vernon D. Yu
Employee
3.045
Address
355 - 4th Avenue SW
Calgary, T2P 0J1

AltaGas Ltd. Executives & BODs

AltaGas Ltd. Executives & BODs
# Name Age
1 Ms. Corine Renne Knight Bushfield B.Comm, CA, CPA
Executive Vice President & Chief Administrative Officer
70
2 Mr. Kent E. Stout
Senior Vice President of Organizational Development
70
3 David Anderson
Senior Vice President of Corporate Environmental Health & Safety
70
4 Mr. Bradley B. Grant B.Comm, Esq., LLB, MBA
Executive Vice President & Chief Legal Officer
70
5 Mr. Randy W. Toone B.Sc., P.Eng
Executive Vice President & President of Midstream
70
6 Mr. Donald M. Jenkins B.Sc., M.B.A.
Executive Vice President, President of Utilities & President of Washington Gas
70
7 Mr. Jon Morrison
Senior Vice President of Investor Relations & Corporate Development
70
8 Ms. Jimmi Duce
Corporate Secretary
70
9 Mr. Vernon D. Yu
President, Chief Executive Officer & Non-Independent Director
70
10 Mr. D. James Harbilas B.Com., C.A., CPA
Executive Vice President & Chief Financial Officer
70

AltaGas Ltd. Competitors