ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP (AQN-PR-D.CA) Stock Fundamental Analysis
Canada - TSX:AQN-PR-D - CA0158575013
25.42 CAD
+0.02 (+0.08%)
Overall AQN-PR-D gets a fundamental rating of 3 out of 10. We evaluated AQN-PR-D against 21 industry peers in the Multi-Utilities industry. Both the profitability and financial health of AQN-PR-D have multiple concerns. 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.
AQN-PR-D had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AQN-PR-D reported negative net income in multiple years.
Each year in the past 5 years AQN-PR-D had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -10.09%, AQN-PR-D is not doing good in the industry: 90.48% of the companies in the same industry are doing better.
AQN-PR-D's Return On Equity of -29.51% is on the low side compared to the rest of the industry. AQN-PR-D is outperformed by 90.48% of its industry peers.
The Return On Invested Capital of AQN-PR-D (2.73%) is worse than 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 has a worse Gross Margin (74.06%) than 71.43% 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 | 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
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
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 0.94. This is a bad value and indicates that AQN-PR-D is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AQN-PR-D (0.94) is better than 100.00% of its industry peers.
AQN-PR-D has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
AQN-PR-D has a better Debt to Equity ratio (1.29) than 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC0.39
WACC6.95%
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.
AQN-PR-D's Current ratio of 1.09 is on the low side compared to the rest of the industry. AQN-PR-D is outperformed by 61.90% of its industry peers.
A Quick Ratio of 0.90 indicates that AQN-PR-D may have some problems paying its short term obligations.
The Quick ratio of AQN-PR-D (0.90) is worse than 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.
AQN-PR-D shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.38% yearly.
The Revenue for AQN-PR-D has decreased by -25.45% in the past year. This is quite bad
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
Based on estimates for the next years, AQN-PR-D will show a small growth in Earnings Per Share. The EPS will grow by 6.99% 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 2.30% yearly.
EPS Next Y-15.38%
EPS Next 2Y-0.64%
EPS Next 3Y5.49%
EPS Next 5Y6.99%
Revenue Next Year-11.06%
Revenue Next 2Y-4.03%
Revenue Next 3Y-1.05%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 57.77, the valuation of AQN-PR-D can be described as expensive.
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.
When comparing the Price/Earnings ratio of AQN-PR-D to the average of the S&P500 Index (27.06), we can say AQN-PR-D is valued expensively.
A Price/Forward Earnings ratio of 50.18 indicates a quite expensive valuation of AQN-PR-D.
80.95% of the companies in the same industry are cheaper than AQN-PR-D, based on the Price/Forward Earnings ratio.
AQN-PR-D is valuated expensively when we compare the Price/Forward Earnings ratio to 22.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.77 | ||
| Fwd PE | 50.18 |
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 | 22.68 |
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 4.82%, which is a nice return.
Compared to an average industry Dividend Yield of 5.53, 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 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
5.2 History
The dividend of AQN-PR-D has a limited annual growth rate of 0.06%.
AQN-PR-D has been paying a dividend for at least 10 years, so it has 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
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-17.76%
EPS Next 2Y-0.64%
EPS Next 3Y5.49%
ALGONQUIN PWR & UTILITY - AQNCN 6.853 PERP
TSX:AQN-PR-D (9/25/2025, 7:00:00 PM)
25.42
+0.02 (+0.08%)
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 Cap19.52B
Analysts52.86
Price Target22.27 (-12.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
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)8.23%
PT rev (3m)13.53%
EPS NQ rev (1m)1.09%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)5.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.46%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.77 | ||
| Fwd PE | 50.18 | ||
| P/S | 5.92 | ||
| P/FCF | N/A | ||
| P/OCF | 31.91 | ||
| P/B | 3.01 | ||
| P/tB | 4.27 | ||
| EV/EBITDA | 22.68 |
EPS(TTM)0.44
EY1.73%
EPS(NY)0.51
Fwd EY1.99%
FCF(TTM)-0.76
FCFYN/A
OCF(TTM)0.8
OCFY3.13%
SpS4.29
BVpS8.45
TBVpS5.95
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
WACC6.95%
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-11.06%
Revenue Next 2Y-4.03%
Revenue Next 3Y-1.05%
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%