ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP (AQN-PR-D.CA) Stock Fundamental Analysis
TSX:AQN-PR-D - CA0158575013
25.36 CAD
-0.2 (-0.78%)
Taking everything into account, AQN-PR-D scores 3 out of 10 in our fundamental rating. AQN-PR-D was compared to 21 industry peers in the Multi-Utilities industry. AQN-PR-D has a bad profitability rating. Also its financial health evaluation is rather negative. AQN-PR-D has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
AQN-PR-D had positive earnings in the past year.
AQN-PR-D had a positive operating cash flow in the past year.
In multiple years AQN-PR-D reported negative net income over the last 5 years.
AQN-PR-D had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of AQN-PR-D (-10.09%) is worse than 90.48% of its industry peers.
The Return On Equity of AQN-PR-D (-29.51%) is worse than 90.48% of its industry peers.
AQN-PR-D has a Return On Invested Capital of 2.73%. This is amonst the worse of the industry: AQN-PR-D underperforms 90.48% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AQN-PR-D is in line with the industry average of 3.65%.
The last Return On Invested Capital (2.73%) for AQN-PR-D is above the 3 year average (2.15%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.09% | ||
| ROE | -29.51% | ||
| ROIC | 2.73% |
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
The Operating Margin of AQN-PR-D (20.38%) is worse than 90.48% of its industry peers.
AQN-PR-D's Operating Margin has declined in the last couple of years.
AQN-PR-D's Gross Margin of 74.06% is on the low side compared to the rest of the industry. AQN-PR-D is outperformed by 71.43% of its industry peers.
AQN-PR-D's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.38% | ||
| PM (TTM) | N/A | ||
| GM | 74.06% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AQN-PR-D is destroying value.
Compared to 1 year ago, AQN-PR-D has more shares outstanding
The number of shares outstanding for AQN-PR-D has been increased compared to 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 0.94. 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 0.94, 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 1.29. This is a high value indicating a heavy dependency on external financing.
With an excellent Debt to Equity ratio value of 1.29, AQN-PR-D belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC0.39
WACC6.99%
2.3 Liquidity
A Current Ratio of 1.09 indicates that AQN-PR-D should not have too much problems paying its short term obligations.
The Current ratio of AQN-PR-D (1.09) is worse than 61.90% of its industry peers.
AQN-PR-D has a Quick Ratio of 1.09. This is a bad value and indicates that AQN-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
AQN-PR-D has a Quick ratio of 0.90. This is in the lower half of the industry: AQN-PR-D underperforms 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for AQN-PR-D have decreased strongly by -36.00% in the last year.
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 a very negative growth in Revenue. In the last year, the Revenue has decreased by -25.45%.
Measured over the past years, AQN-PR-D shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
EPS 1Y (TTM)-36%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%-55.56%
Revenue 1Y (TTM)-25.45%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-11.83%
3.2 Future
The Earnings Per Share is expected to grow by 6.99% on average over the next years.
AQN-PR-D is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.30% yearly.
EPS Next Y-15.38%
EPS Next 2Y-0.64%
EPS Next 3Y5.49%
EPS Next 5Y6.99%
Revenue Next Year-11.47%
Revenue Next 2Y-4.22%
Revenue Next 3Y-1.09%
Revenue Next 5Y2.3%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
AQN-PR-D is valuated quite expensively with a Price/Earnings ratio of 57.64.
Based on the Price/Earnings ratio, AQN-PR-D is valued a bit more expensive than 71.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.03. AQN-PR-D is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 50.24, which means the current valuation is very expensive for AQN-PR-D.
Based on the Price/Forward Earnings ratio, AQN-PR-D is valued more expensive than 80.95% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AQN-PR-D to the average of the S&P500 Index (22.63), we can say AQN-PR-D is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.64 | ||
| Fwd PE | 50.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AQN-PR-D is valued expensively inside the industry as 90.48% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.71 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.64%
EPS Next 3Y5.49%
5. Dividend
5.1 Amount
AQN-PR-D has a Yearly Dividend Yield of 4.56%, which is a nice return.
Compared to an average industry Dividend Yield of 5.13, AQN-PR-D is paying slightly less dividend.
AQN-PR-D's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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-17.76%
EPS Next 2Y-0.64%
EPS Next 3Y5.49%
ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP
TSX:AQN-PR-D (9/4/2025, 7:00:00 PM)
25.36
-0.2 (-0.78%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners72.96%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap19.48B
Analysts53.33
Price Target21.31 (-15.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.56% |
Yearly Dividend0.56
Dividend Growth(5Y)0.06%
DP-17.76%
Div Incr Years1
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)20.74%
Min EPS beat(2)-0.69%
Max EPS beat(2)42.17%
EPS beat(4)1
Avg EPS beat(4)0.15%
Min EPS beat(4)-25.74%
Max EPS beat(4)42.17%
EPS beat(8)3
Avg EPS beat(8)0.22%
EPS beat(12)4
Avg EPS beat(12)-3.83%
EPS beat(16)5
Avg EPS beat(16)-3.04%
Revenue beat(2)2
Avg Revenue beat(2)3.06%
Min Revenue beat(2)0.82%
Max Revenue beat(2)5.31%
Revenue beat(4)2
Avg Revenue beat(4)0.36%
Min Revenue beat(4)-4.61%
Max Revenue beat(4)5.31%
Revenue beat(8)3
Avg Revenue beat(8)-2.11%
Revenue beat(12)7
Avg Revenue beat(12)0.07%
Revenue beat(16)10
Avg Revenue beat(16)1.41%
PT rev (1m)2.57%
PT rev (3m)16.33%
EPS NQ rev (1m)-3.53%
EPS NQ rev (3m)N/A
EPS NY rev (1m)5.98%
EPS NY rev (3m)5.98%
Revenue NQ rev (1m)1.51%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.1%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.64 | ||
| Fwd PE | 50.24 | ||
| P/S | 5.93 | ||
| P/FCF | N/A | ||
| P/OCF | 31.95 | ||
| P/B | 3.01 | ||
| P/tB | 4.28 | ||
| EV/EBITDA | 22.71 |
EPS(TTM)0.44
EY1.74%
EPS(NY)0.5
Fwd EY1.99%
FCF(TTM)-0.76
FCFYN/A
OCF(TTM)0.79
OCFY3.13%
SpS4.28
BVpS8.42
TBVpS5.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -10.09% | ||
| ROE | -29.51% | ||
| ROCE | 3.8% | ||
| ROIC | 2.73% | ||
| ROICexc | 2.74% | ||
| ROICexgc | 3.08% | ||
| OM | 20.38% | ||
| PM (TTM) | N/A | ||
| GM | 74.06% | ||
| 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-Score4
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.71 | ||
| Cap/Depr | 209.43% | ||
| Cap/Sales | 36.33% | ||
| Interest Coverage | 1.25 | ||
| Cash Conversion | 49.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.94 |
F-Score4
WACC6.99%
ROIC/WACC0.39
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)-36%
EPS 3Y-19.53%
EPS 5Y-10.38%
EPS Q2Q%-55.56%
EPS Next Y-15.38%
EPS Next 2Y-0.64%
EPS Next 3Y5.49%
EPS Next 5Y6.99%
Revenue 1Y (TTM)-25.45%
Revenue growth 3Y0.49%
Revenue growth 5Y7.38%
Sales Q2Q%-11.83%
Revenue Next Year-11.47%
Revenue Next 2Y-4.22%
Revenue Next 3Y-1.09%
Revenue Next 5Y2.3%
EBIT growth 1Y-22.44%
EBIT growth 3Y4.45%
EBIT growth 5Y4.06%
EBIT Next Year44.64%
EBIT Next 3Y17.99%
EBIT Next 5YN/A
FCF growth 1Y-33.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.88%
OCF growth 3Y45.17%
OCF growth 5Y-4.65%