ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079 (AQNB) Stock Fundamental Analysis
NYSE:AQNB - New York Stock Exchange, Inc. - US0158578080 - Currency: USD
Overall AQNB gets a fundamental rating of 3 out of 10. We evaluated AQNB against 25 industry peers in the Multi-Utilities industry. While AQNB is still in line with the averages on profitability rating, there are concerns on its financial health. AQNB has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
AQNB had positive earnings in the past year.
In the past year AQNB had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AQNB reported negative net income in multiple years.
Each year in the past 5 years AQNB had a positive operating cash flow.
1.2 Ratios
AQNB's Return On Assets of -9.49% is on the low side compared to the rest of the industry. AQNB is outperformed by 96.00% of its industry peers.
With a Return On Equity value of -27.63%, AQNB is not doing good in the industry: 96.00% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.93%, AQNB is in line with its industry, outperforming 52.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AQNB is in line with the industry average of 3.93%.
The last Return On Invested Capital (3.93%) for AQNB is above the 3 year average (2.36%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.49% | ||
| ROE | -27.63% | ||
| ROIC | 3.93% |
ROA(3y)-3.11%
ROA(5y)-0.39%
ROE(3y)-11.12%
ROE(5y)-2.83%
ROIC(3y)2.36%
ROIC(5y)2.31%
1.3 Margins
AQNB has a Operating Margin (21.00%) which is in line with its industry peers.
In the last couple of years the Operating Margin of AQNB has declined.
With a decent Gross Margin value of 73.47%, AQNB is doing good in the industry, outperforming 72.00% of the companies in the same industry.
In the last couple of years the Gross Margin of AQNB 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
AQNB 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 AQNB has been increased compared to 1 year ago.
Compared to 5 years ago, AQNB has more shares outstanding
Compared to 1 year ago, AQNB has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that AQNB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.41, AQNB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
AQNB has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
With a decent Debt to Equity ratio value of 1.28, AQNB is doing good in the industry, outperforming 64.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.41 |
ROIC/WACC0.57
WACC6.93%
2.3 Liquidity
A Current Ratio of 1.16 indicates that AQNB should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.16, AQNB belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
AQNB has a Quick Ratio of 1.16. This is a bad value and indicates that AQNB is not financially healthy enough and could expect problems in meeting its short term obligations.
AQNB has a Quick ratio of 0.97. This is amongst the best in the industry. AQNB outperforms 88.00% 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 AQNB have decreased strongly by -24.49% in the last year.
Measured over the past years, AQNB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.38% on average per year.
AQNB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.38%.
Measured over the past years, AQNB 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
Based on estimates for the next years, AQNB will show a small growth in Earnings Per Share. The EPS will grow by 6.99% on average per year.
AQNB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.30% yearly.
EPS Next Y-20.16%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
EPS Next 5Y6.99%
Revenue Next Year-9.8%
Revenue Next 2Y-3.24%
Revenue Next 3Y-0.5%
Revenue Next 5Y2.3%
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
A Price/Earnings ratio of 69.73 indicates a quite expensive valuation of AQNB.
Compared to the rest of the industry, the Price/Earnings ratio of AQNB indicates a rather expensive valuation: AQNB more expensive than 92.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.50, AQNB is valued quite expensively.
The Price/Forward Earnings ratio is 70.47, which means the current valuation is very expensive for AQNB.
Based on the Price/Forward Earnings ratio, AQNB is valued more expensive than 96.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AQNB to the average of the S&P500 Index (36.44), we can say AQNB is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.73 | ||
| Fwd PE | 70.47 |
4.2 Price Multiples
AQNB's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AQNB is more expensive than 96.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.16 |
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 4.57%, AQNB is a good candidate for dividend investing.
AQNB's Dividend Yield is a higher than the industry average which is at 3.73.
AQNB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
5.2 History
The dividend of AQNB has a limited annual growth rate of 0.06%.
AQNB has been paying a dividend for over 5 years, so it has already some track record.
AQNB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.06%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
The earnings of AQNB are negative and hence is the payout ratio. AQNB will probably not be able to sustain this dividend level.
AQNB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-20.99%
EPS Next 2Y-0.53%
EPS Next 3Y0.93%
ALGONQUIN PWR & UTILITY - AQNCN 8.86372 07/01/2079
NYSE:AQNB (7/18/2025, 8:04:00 PM)
After market: 25.8 0 (0%)25.8
+0.12 (+0.47%)
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 Cap19.81B
Analysts53.33
Price Target21.21 (-17.79%)
Short Float %0.01%
Short Ratio1.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
Yearly Dividend0.41
Dividend Growth(5Y)0.06%
DP-20.99%
Div Incr Years1
Div Non Decr Years4
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)3.68%
PT rev (3m)8.58%
EPS NQ rev (1m)-0.3%
EPS NQ rev (3m)-12.75%
EPS NY rev (1m)0%
EPS NY rev (3m)3.41%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.73 | ||
| Fwd PE | 70.47 | ||
| P/S | 6.58 | ||
| P/FCF | N/A | ||
| P/OCF | 46.62 | ||
| P/B | 4.22 | ||
| P/tB | 5.99 | ||
| EV/EBITDA | 24.16 |
EPS(TTM)0.37
EY1.43%
EPS(NY)0.37
Fwd EY1.42%
FCF(TTM)-0.6
FCFYN/A
OCF(TTM)0.55
OCFY2.14%
SpS3.92
BVpS6.11
TBVpS4.31
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.49% | ||
| ROE | -27.63% | ||
| ROCE | 4.97% | ||
| ROIC | 3.93% | ||
| ROICexc | 3.95% | ||
| ROICexgc | 4.44% | ||
| 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)2.36%
ROIC(5y)2.31%
ROICexc(3y)2.37%
ROICexc(5y)2.33%
ROICexgc(3y)2.6%
ROICexgc(5y)2.56%
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 | 1.41 |
F-Score5
WACC6.93%
ROIC/WACC0.57
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 5Y6.99%
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 5Y2.3%
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%