ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP (AQN-PR-D.CA) Stock Fundamental Analysis
TSX:AQN-PR-D - Toronto Stock Exchange - CA0158575013 - Currency: CAD
Overall AQN-PR-D gets a fundamental rating of 3 out of 10. We evaluated AQN-PR-D against 22 industry peers in the Multi-Utilities industry. AQN-PR-D may be in some trouble as it scores bad on both profitability and health. AQN-PR-D does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year AQN-PR-D was profitable.
In the past year AQN-PR-D had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AQN-PR-D reported negative net income in multiple years.
In the past 5 years AQN-PR-D always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AQN-PR-D (-9.49%) is worse than 90.91% of its industry peers.
AQN-PR-D has a worse Return On Equity (-27.63%) than 90.91% of its industry peers.
AQN-PR-D's Return On Invested Capital of 3.58% is in line compared to the rest of the industry. AQN-PR-D outperforms 59.09% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AQN-PR-D is in line with the industry average of 3.69%.
The 3 year average ROIC (2.15%) for AQN-PR-D is below the current ROIC(3.58%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.49% | ||
| ROE | -27.63% | ||
| ROIC | 3.58% |
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.15%
ROIC(5y)2.11%
1.3 Margins
Looking at the Operating Margin, with a value of 21.00%, AQN-PR-D is doing worse than 90.91% of the companies in the same industry.
In the last couple of years the Operating Margin of AQN-PR-D has declined.
AQN-PR-D's Gross Margin of 73.47% is on the low side compared to the rest of the industry. AQN-PR-D is outperformed by 68.18% of its industry peers.
In the last couple of years the Gross Margin of AQN-PR-D has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21% | ||
| PM (TTM) | N/A | ||
| GM | 73.47% |
OM growth 3Y3.93%
OM growth 5Y-3.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5Y0.16%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AQN-PR-D is destroying value.
AQN-PR-D has more shares outstanding than it did 1 year ago.
AQN-PR-D has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AQN-PR-D has an improved debt to assets ratio.
2.2 Solvency
AQN-PR-D has an Altman-Z score of 1.01. This is a bad value and indicates that AQN-PR-D is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.01, AQN-PR-D belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
AQN-PR-D has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
AQN-PR-D's Debt to Equity ratio of 1.28 is amongst the best of the industry. AQN-PR-D outperforms 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.01 |
ROIC/WACC0.55
WACC6.45%
2.3 Liquidity
A Current Ratio of 1.16 indicates that AQN-PR-D should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.16, AQN-PR-D belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
A Quick Ratio of 0.97 indicates that AQN-PR-D may have some problems paying its short term obligations.
AQN-PR-D has a Quick ratio (0.97) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
AQN-PR-D shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.49%.
Measured over the past years, AQN-PR-D shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.38% on average per year.
AQN-PR-D shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.38%.
AQN-PR-D shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.38% yearly.
EPS 1Y (TTM)-24.49%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%0%
Revenue 1Y (TTM)13.38%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-6.06%
3.2 Future
Based on estimates for the next years, AQN-PR-D will show a small growth in Earnings Per Share. The EPS will grow by 2.86% on average per year.
AQN-PR-D is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.82% yearly.
EPS Next Y-20.16%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
EPS Next 5Y2.86%
Revenue Next Year-9.8%
Revenue Next 2Y-3.24%
Revenue Next 3Y-0.5%
Revenue Next 5Y0.82%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 48.22 indicates a quite expensive valuation of AQN-PR-D.
AQN-PR-D's Price/Earnings ratio is a bit more expensive when compared to the industry. AQN-PR-D is more expensive than 68.18% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.35, AQN-PR-D is valued quite expensively.
With a Price/Forward Earnings ratio of 48.76, AQN-PR-D can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, AQN-PR-D is valued more expensive than 81.82% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.20, AQN-PR-D is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.22 | ||
| Fwd PE | 48.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AQN-PR-D is valued expensively inside the industry as 90.91% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.57 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.78%, AQN-PR-D is a good candidate for dividend investing.
AQN-PR-D's Dividend Yield is slightly below the industry average, which is at 4.98.
Compared to an average S&P500 Dividend Yield of 2.40, AQN-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
5.2 History
The dividend of AQN-PR-D has a limited annual growth rate of 0.06%.
AQN-PR-D has paid a dividend for at least 10 years, which is a reliable track record.
AQN-PR-D has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.06%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
The earnings of AQN-PR-D are negative and hence is the payout ratio. AQN-PR-D will probably not be able to sustain this dividend level.
The dividend of AQN-PR-D is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-20.99%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP
TSX:AQN-PR-D (5/27/2025, 7:00:00 PM)
24.59
+0.01 (+0.04%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners65.03%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap18.88B
Analysts69.23
Price Target18.32 (-25.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
Yearly Dividend0.56
Dividend Growth(5Y)0.06%
DP-20.99%
Div Incr Years1
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)8.21%
Min EPS beat(2)-25.74%
Max EPS beat(2)42.17%
EPS beat(4)2
Avg EPS beat(4)3.68%
Min EPS beat(4)-25.74%
Max EPS beat(4)42.17%
EPS beat(8)3
Avg EPS beat(8)-2.73%
EPS beat(12)5
Avg EPS beat(12)-3.23%
EPS beat(16)6
Avg EPS beat(16)-2.32%
Revenue beat(2)1
Avg Revenue beat(2)0.35%
Min Revenue beat(2)-4.61%
Max Revenue beat(2)5.31%
Revenue beat(4)1
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-5.17%
Max Revenue beat(4)5.31%
Revenue beat(8)3
Avg Revenue beat(8)-2.03%
Revenue beat(12)7
Avg Revenue beat(12)0.37%
Revenue beat(16)10
Avg Revenue beat(16)2.48%
PT rev (1m)-4.21%
PT rev (3m)-11.23%
EPS NQ rev (1m)-12.49%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.22 | ||
| Fwd PE | 48.76 | ||
| P/S | 4.55 | ||
| P/FCF | N/A | ||
| P/OCF | 32.26 | ||
| P/B | 2.92 | ||
| P/tB | 4.14 | ||
| EV/EBITDA | 18.57 |
EPS(TTM)0.51
EY2.07%
EPS(NY)0.5
Fwd EY2.05%
FCF(TTM)-0.82
FCFYN/A
OCF(TTM)0.76
OCFY3.1%
SpS5.4
BVpS8.42
TBVpS5.94
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.49% | ||
| ROE | -27.63% | ||
| ROCE | 4.97% | ||
| ROIC | 3.58% | ||
| ROICexc | 3.6% | ||
| ROICexgc | 4.04% | ||
| OM | 21% | ||
| PM (TTM) | N/A | ||
| GM | 73.47% | ||
| FCFM | N/A |
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.15%
ROIC(5y)2.11%
ROICexc(3y)2.16%
ROICexc(5y)2.12%
ROICexgc(3y)2.37%
ROICexgc(5y)2.33%
ROCE(3y)2.99%
ROCE(5y)2.93%
ROICexcg growth 3Y4.3%
ROICexcg growth 5Y-5.03%
ROICexc growth 3Y4.14%
ROICexc growth 5Y-4.63%
OM growth 3Y3.93%
OM growth 5Y-3.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.98%
GM growth 5Y0.16%
F-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.61 | ||
| Cap/Depr | 199.46% | ||
| Cap/Sales | 29.3% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | 39.53% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.01 |
F-Score5
WACC6.45%
ROIC/WACC0.55
Cap/Depr(3y)213.94%
Cap/Depr(5y)245.17%
Cap/Sales(3y)39.89%
Cap/Sales(5y)45.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-24.49%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%0%
EPS Next Y-20.16%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
EPS Next 5Y2.86%
Revenue 1Y (TTM)13.38%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-6.06%
Revenue Next Year-9.8%
Revenue Next 2Y-3.24%
Revenue Next 3Y-0.5%
Revenue Next 5Y0.82%
EBIT growth 1Y26.92%
EBIT growth 3Y4.45%
EBIT growth 5Y4.06%
EBIT Next Year44.64%
EBIT Next 3Y17.99%
EBIT Next 5YN/A
FCF growth 1Y-3.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.77%
OCF growth 3Y45.17%
OCF growth 5Y-4.65%