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 has a bad profitability rating. Also its financial health evaluation is rather negative. AQN-PR-D is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AQN-PR-D had positive earnings in the past year.
In the past year AQN-PR-D had a positive cash flow from operations.
In multiple years AQN-PR-D reported negative net income over the last 5 years.
Each year in the past 5 years AQN-PR-D had a positive operating cash flow.
1.2 Ratios
AQN-PR-D has a worse Return On Assets (-9.49%) than 90.91% of its industry peers.
With a Return On Equity value of -27.63%, AQN-PR-D is not doing good in the industry: 90.91% of the companies in the same industry are doing better.
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.
AQN-PR-D had an Average Return On Invested Capital over the past 3 years of 2.15%. This is in line with the industry average of 3.69%.
The last Return On Invested Capital (3.58%) for AQN-PR-D is above the 3 year average (2.15%), which is a sign of increasing profitability.
| 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.
Looking at the Gross Margin, with a value of 73.47%, AQN-PR-D is doing worse than 68.18% of the companies in the same industry.
AQN-PR-D's Gross Margin has been stable in the last couple of years.
| 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
AQN-PR-D has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AQN-PR-D has been increased compared to 1 year ago.
Compared to 5 years ago, AQN-PR-D has more shares outstanding
AQN-PR-D has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.01, we must say that AQN-PR-D is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AQN-PR-D (1.01) is better than 100.00% of its industry peers.
AQN-PR-D has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
With an excellent Debt to Equity ratio value of 1.28, AQN-PR-D belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.01 |
ROIC/WACC0.56
WACC6.44%
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.
AQN-PR-D has a Current ratio of 1.16. This is amongst the best in the industry. AQN-PR-D outperforms 81.82% of its industry peers.
A Quick Ratio of 0.97 indicates that AQN-PR-D may have some problems paying its short term obligations.
AQN-PR-D's Quick ratio of 0.97 is in line compared to the rest of the industry. AQN-PR-D outperforms 40.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The earnings per share for AQN-PR-D have decreased strongly by -24.49% 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.
The Revenue has grown by 13.38% in the past year. This is quite good.
The Revenue has been growing slightly by 7.38% on average over the past years.
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
The Earnings Per Share is expected to grow by 2.86% on average over the next years.
The Revenue is expected to grow by 0.82% on average over the next years.
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
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
A Price/Earnings ratio of 48.22 indicates a quite expensive valuation of AQN-PR-D.
68.18% of the companies in the same industry are cheaper than AQN-PR-D, based on the Price/Earnings ratio.
AQN-PR-D is valuated expensively when we compare the Price/Earnings ratio to 26.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 48.95, AQN-PR-D can be considered very expensive at the moment.
AQN-PR-D's Price/Forward Earnings ratio is rather expensive when compared to the industry. AQN-PR-D is 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 | 48.95 |
4.2 Price Multiples
90.91% of the companies in the same industry are cheaper than AQN-PR-D, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.61 |
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.
Compared to an average industry Dividend Yield of 4.98, AQN-PR-D is paying slightly less dividend.
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 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-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
+0.24 (+0.99%)
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 | 48.95 | ||
| P/S | 4.57 | ||
| P/FCF | N/A | ||
| P/OCF | 32.39 | ||
| P/B | 2.93 | ||
| P/tB | 4.16 | ||
| EV/EBITDA | 18.61 |
EPS(TTM)0.51
EY2.07%
EPS(NY)0.5
Fwd EY2.04%
FCF(TTM)-0.82
FCFYN/A
OCF(TTM)0.76
OCFY3.09%
SpS5.38
BVpS8.39
TBVpS5.91
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
WACC6.44%
ROIC/WACC0.56
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%