ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA) Stock Fundamental Analysis
USA - NYSE:AQNA - US0158577090
25.1 USD
-0.03 (-0.12%)
AQNA gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 26 industry peers in the Multi-Utilities industry. While AQNA is still in line with the averages on profitability rating, there are concerns on its financial health. AQNA does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year AQNA was profitable.
AQNA had a positive operating cash flow in the past year.
Of the past 5 years AQNA 4 years were profitable.
Each year in the past 5 years AQNA had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.45%, AQNA is not doing good in the industry: 96.43% of the companies in the same industry are doing better.
With a Return On Equity value of -5.04%, AQNA is not doing good in the industry: 96.43% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 2.41%, AQNA is doing worse than 96.43% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AQNA is in line with the industry average of 3.89%.
The last Return On Invested Capital (2.41%) for AQNA is above the 3 year average (2.33%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.45% | ||
| ROE | -5.04% | ||
| ROIC | 2.41% |
ROA(3y)2.04%
ROA(5y)2.56%
ROE(3y)5%
ROE(5y)6.81%
ROIC(3y)2.33%
ROIC(5y)2.65%
1.3 Margins
The Operating Margin of AQNA (17.94%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AQNA has declined.
With a decent Gross Margin value of 70.25%, AQNA is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of AQNA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.94% | ||
| PM (TTM) | N/A | ||
| GM | 70.25% |
OM growth 3Y-6.57%
OM growth 5Y-5.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y-1.44%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AQNA is destroying value.
The number of shares outstanding for AQNA has been increased compared to 1 year ago.
Compared to 1 year ago, AQNA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that AQNA is in the distress zone and has some risk of bankruptcy.
AQNA has a Altman-Z score of 0.94. This is in the better half of the industry: AQNA outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 1.46 is on the high side and indicates that AQNA has dependencies on debt financing.
With a Debt to Equity ratio value of 1.46, AQNA perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
ROIC/WACC0.35
WACC6.94%
2.3 Liquidity
A Current Ratio of 0.71 indicates that AQNA may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.71, AQNA is in line with its industry, outperforming 42.86% of the companies in the same industry.
AQNA has a Quick Ratio of 0.71. This is a bad value and indicates that AQNA is not financially healthy enough and could expect problems in meeting its short term obligations.
AQNA has a better Quick ratio (0.61) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for AQNA have decreased strongly by -20.55% in the last year.
Measured over the past 5 years, AQNA shows a small growth in Earnings Per Share. The EPS has been growing by 4.17% on average per year.
The Revenue has grown by 13.22% in the past year. This is quite good.
Measured over the past years, AQNA shows a quite strong growth in Revenue. The Revenue has been growing by 12.69% on average per year.
EPS 1Y (TTM)-20.55%
EPS 3Y3.03%
EPS 5Y4.17%
EPS Q2Q%-50%
Revenue 1Y (TTM)13.22%
Revenue growth 3Y19.39%
Revenue growth 5Y12.69%
Sales Q2Q%0.58%
3.2 Future
AQNA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.09% yearly.
AQNA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.52% yearly.
EPS Next Y-21.22%
EPS Next 2Y-9.31%
EPS Next 3Y-5.92%
EPS Next 5Y-0.09%
Revenue Next Year5.74%
Revenue Next 2Y5.34%
Revenue Next 3Y5.72%
Revenue Next 5Y4.52%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
A Price/Earnings ratio of 43.28 indicates a quite expensive valuation of AQNA.
Based on the Price/Earnings ratio, AQNA is valued more expensive than 89.29% of the companies in the same industry.
AQNA is valuated expensively when we compare the Price/Earnings ratio to 26.13, which is the current average of the S&P500 Index.
AQNA is valuated quite expensively with a Price/Forward Earnings ratio of 43.60.
Based on the Price/Forward Earnings ratio, AQNA is valued expensively inside the industry as 92.86% of the companies are valued cheaper.
When comparing the Price/Forward Earnings ratio of AQNA to the average of the S&P500 Index (22.35), we can say AQNA is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.28 | ||
| Fwd PE | 43.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AQNA indicates a rather expensive valuation: AQNA more expensive than 96.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 26.12 |
4.3 Compensation for Growth
AQNA's earnings are expected to decrease with -5.92% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)10.38
EPS Next 2Y-9.31%
EPS Next 3Y-5.92%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.57%, AQNA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.77, AQNA pays a better dividend. On top of this AQNA pays more dividend than 100.00% of the companies listed in the same industry.
AQNA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.57% |
5.2 History
On average, the dividend of AQNA grows each year by 8.27%, which is quite nice.
AQNA has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)8.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
AQNA has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-142.04%
EPS Next 2Y-9.31%
EPS Next 3Y-5.92%
ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078
NYSE:AQNA (11/3/2023, 8:04:00 PM)
25.1
-0.03 (-0.12%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap17.29B
Revenue(TTM)2.81B
Net Income(TTM)-261110999.99999997
Analysts67.5
Price Target30.08 (19.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.57% |
Yearly Dividend0.57
Dividend Growth(5Y)8.27%
DP-142.04%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.9%
Min EPS beat(2)-24.24%
Max EPS beat(2)-1.57%
EPS beat(4)1
Avg EPS beat(4)-11.94%
Min EPS beat(4)-34.22%
Max EPS beat(4)12.28%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.1%
Min Revenue beat(2)1.4%
Max Revenue beat(2)4.79%
Revenue beat(4)4
Avg Revenue beat(4)4.42%
Min Revenue beat(4)1.4%
Max Revenue beat(4)6.69%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)31.88%
PT rev (3m)37.88%
EPS NQ rev (1m)-4.24%
EPS NQ rev (3m)-10.03%
EPS NY rev (1m)-1.09%
EPS NY rev (3m)-3.5%
Revenue NQ rev (1m)-0.73%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.28 | ||
| Fwd PE | 43.6 | ||
| P/S | 6.15 | ||
| P/FCF | N/A | ||
| P/OCF | 36.1 | ||
| P/B | 3.33 | ||
| P/tB | 4.6 | ||
| EV/EBITDA | 26.12 |
EPS(TTM)0.58
EY2.31%
EPS(NY)0.58
Fwd EY2.29%
FCF(TTM)-0.46
FCFYN/A
OCF(TTM)0.7
OCFY2.77%
SpS4.08
BVpS7.53
TBVpS5.45
PEG (NY)N/A
PEG (5Y)10.38
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.45% | ||
| ROE | -5.04% | ||
| ROCE | 3.06% | ||
| ROIC | 2.41% | ||
| ROICexc | 2.43% | ||
| ROICexgc | 2.66% | ||
| OM | 17.94% | ||
| PM (TTM) | N/A | ||
| GM | 70.25% | ||
| FCFM | N/A |
ROA(3y)2.04%
ROA(5y)2.56%
ROE(3y)5%
ROE(5y)6.81%
ROIC(3y)2.33%
ROIC(5y)2.65%
ROICexc(3y)2.35%
ROICexc(5y)2.67%
ROICexgc(3y)2.59%
ROICexgc(5y)2.97%
ROCE(3y)2.95%
ROCE(5y)3.36%
ROICexgc growth 3Y-5.47%
ROICexgc growth 5Y-8.86%
ROICexc growth 3Y-4.77%
ROICexc growth 5Y-8.03%
OM growth 3Y-6.57%
OM growth 5Y-5.7%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.66%
GM growth 5Y-1.44%
F-Score3
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.46 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.82 | ||
| Cap/Depr | 171.76% | ||
| Cap/Sales | 28.29% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 49.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.94 |
F-Score3
WACC6.94%
ROIC/WACC0.35
Cap/Depr(3y)274.37%
Cap/Depr(5y)238.69%
Cap/Sales(3y)48.37%
Cap/Sales(5y)41.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.55%
EPS 3Y3.03%
EPS 5Y4.17%
EPS Q2Q%-50%
EPS Next Y-21.22%
EPS Next 2Y-9.31%
EPS Next 3Y-5.92%
EPS Next 5Y-0.09%
Revenue 1Y (TTM)13.22%
Revenue growth 3Y19.39%
Revenue growth 5Y12.69%
Sales Q2Q%0.58%
Revenue Next Year5.74%
Revenue Next 2Y5.34%
Revenue Next 3Y5.72%
Revenue Next 5Y4.52%
EBIT growth 1Y6.83%
EBIT growth 3Y11.54%
EBIT growth 5Y6.26%
EBIT Next Year112.75%
EBIT Next 3Y29.78%
EBIT Next 5Y19.8%
FCF growth 1Y68.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y208.64%
OCF growth 3Y0.42%
OCF growth 5Y13.64%
ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 / AQNA FAQ
Can you provide the ChartMill fundamental rating for ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078?
ChartMill assigns a fundamental rating of 2 / 10 to AQNA.
What is the valuation status of ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA) stock?
ChartMill assigns a valuation rating of 0 / 10 to ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA). This can be considered as Overvalued.
What is the profitability of AQNA stock?
ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA) has a profitability rating of 4 / 10.
What are the PE and PB ratios of ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA) stock?
The Price/Earnings (PE) ratio for ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA) is 43.28 and the Price/Book (PB) ratio is 3.33.
Can you provide the dividend sustainability for AQNA stock?
The dividend rating of ALGONQUIN PWR & UTILITY - AQNCN 9.34144 10/17/2078 (AQNA) is 5 / 10 and the dividend payout ratio is -142.04%.