ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP (AQN-PR-D.CA) Stock Fundamental Analysis
TSX:AQN-PR-D - Toronto Stock Exchange - CA0158575013 - Currency: CAD
AQN-PR-D gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals 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.
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.
Looking at the Return On Equity, with a value of -27.63%, AQN-PR-D is doing worse than 90.91% of the companies in the same industry.
AQN-PR-D has a Return On Invested Capital (3.58%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AQN-PR-D is in line with the industry average of 3.69%.
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
AQN-PR-D has a worse Operating Margin (21.00%) than 90.91% 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 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
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.
AQN-PR-D has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AQN-PR-D has been reduced compared to a year ago.
2.2 Solvency
AQN-PR-D has an Altman-Z score of 0.99. This is a bad value and indicates that AQN-PR-D is not financially healthy and even has some risk of bankruptcy.
AQN-PR-D has a Altman-Z score of 0.99. This is amongst the best in the industry. AQN-PR-D outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 1.28 is on the high side and indicates that AQN-PR-D has dependencies on debt financing.
AQN-PR-D has a better Debt to Equity ratio (1.28) than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACC0.56
WACC6.43%
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.
AQN-PR-D has a Quick Ratio of 1.16. 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 (0.97) which is comparable to the rest of the industry.
| 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.
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)-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
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
With a Price/Earnings ratio of 47.57, AQN-PR-D can be considered very expensive at the moment.
68.18% of the companies in the same industry are cheaper than AQN-PR-D, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.17, AQN-PR-D is valued quite expensively.
With a Price/Forward Earnings ratio of 47.92, 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.
AQN-PR-D is valuated expensively when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.57 | ||
| Fwd PE | 47.92 |
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 | 18.35 |
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
AQN-PR-D has a Yearly Dividend Yield of 4.78%, which is a nice return.
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 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
AQN-PR-D has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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 (5/28/2025, 7:00:00 PM)
24.26
-0.33 (-1.34%)
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 Cap18.63B
Analysts69.23
Price Target18.32 (-24.48%)
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 | 47.57 | ||
| Fwd PE | 47.92 | ||
| P/S | 4.47 | ||
| P/FCF | N/A | ||
| P/OCF | 31.7 | ||
| P/B | 2.87 | ||
| P/tB | 4.07 | ||
| EV/EBITDA | 18.35 |
EPS(TTM)0.51
EY2.1%
EPS(NY)0.51
Fwd EY2.09%
FCF(TTM)-0.82
FCFYN/A
OCF(TTM)0.77
OCFY3.15%
SpS5.42
BVpS8.45
TBVpS5.96
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 | 0.99 |
F-Score5
WACC6.43%
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%