ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 (AQNU) Stock Fundamental Analysis
USA - NYSE:AQNU - US0158578734
19.34 USD
+0.38 (+2%)
19.1 USD
-0.24 (-1.24%)
AQNU gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 26 industry peers in the Multi-Utilities industry. There are concerns on the financial health of AQNU while its profitability can be described as average. AQNU does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year AQNU was profitable.
AQNU had a positive operating cash flow in the past year.
AQNU had positive earnings in 4 of the past 5 years.
AQNU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AQNU's Return On Assets of -1.85% is on the low side compared to the rest of the industry. AQNU is outperformed by 92.31% of its industry peers.
AQNU has a worse Return On Equity (-6.97%) than 92.31% of its industry peers.
The Return On Invested Capital of AQNU (2.30%) is worse than 92.31% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AQNU is in line with the industry average of 3.84%.
The 3 year average ROIC (2.30%) for AQNU is below the current ROIC(2.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.85% | ||
| ROE | -6.97% | ||
| ROIC | 2.3% |
ROA(3y)0.13%
ROA(5y)2.2%
ROE(3y)0.18%
ROE(5y)5.78%
ROIC(3y)2.3%
ROIC(5y)2.45%
1.3 Margins
In the last couple of years the Profit Margin of AQNU has declined.
Looking at the Operating Margin, with a value of 18.76%, AQNU is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of AQNU has declined.
The Gross Margin of AQNU (75.64%) is better than 76.92% of its industry peers.
In the last couple of years the Gross Margin of AQNU has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.76% | ||
| PM (TTM) | N/A | ||
| GM | 75.64% |
OM growth 3Y-6.79%
OM growth 5Y-4.27%
PM growth 3Y-74.64%
PM growth 5Y-41.23%
GM growth 3Y-1.6%
GM growth 5Y0.32%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AQNU is destroying value.
AQNU has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AQNU has more shares outstanding
AQNU has a worse debt/assets ratio than last year.
2.2 Solvency
AQNU has an Altman-Z score of 0.72. This is a bad value and indicates that AQNU is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AQNU (0.72) is comparable to the rest of the industry.
AQNU has a Debt/Equity ratio of 1.82. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.82, AQNU is doing worse than 73.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.82 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.72 |
ROIC/WACC0.35
WACC6.57%
2.3 Liquidity
AQNU has a Current Ratio of 0.98. This is a bad value and indicates that AQNU is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.98, AQNU is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that AQNU may have some problems paying its short term obligations.
The Quick ratio of AQNU (0.82) is better than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
AQNU shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.76%.
Measured over the past years, AQNU shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.95% on average per year.
Looking at the last year, AQNU shows a decrease in Revenue. The Revenue has decreased by -5.40% in the last year.
Measured over the past years, AQNU shows a quite strong growth in Revenue. The Revenue has been growing by 10.35% on average per year.
EPS 1Y (TTM)-25.76%
EPS 3Y-6.69%
EPS 5Y-4.95%
EPS Q2Q%-17.65%
Revenue 1Y (TTM)-5.4%
Revenue growth 3Y17.17%
Revenue growth 5Y10.35%
Sales Q2Q%-5.33%
3.2 Future
The Earnings Per Share is expected to grow by 6.64% on average over the next years.
AQNU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.98% yearly.
EPS Next Y-7.25%
EPS Next 2Y-1.58%
EPS Next 3Y2.64%
EPS Next 5Y6.64%
Revenue Next Year3.84%
Revenue Next 2Y2.79%
Revenue Next 3Y3.99%
Revenue Next 5Y1.98%
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.
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 39.47, the valuation of AQNU can be described as expensive.
AQNU's Price/Earnings ratio is rather expensive when compared to the industry. AQNU is more expensive than 88.46% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.19, AQNU is valued quite expensively.
Based on the Price/Forward Earnings ratio of 38.39, the valuation of AQNU can be described as expensive.
AQNU's Price/Forward Earnings ratio is rather expensive when compared to the industry. AQNU is more expensive than 92.31% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AQNU to the average of the S&P500 Index (22.50), we can say AQNU is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.47 | ||
| Fwd PE | 38.39 |
4.2 Price Multiples
92.31% of the companies in the same industry are cheaper than AQNU, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.96 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.58%
EPS Next 3Y2.64%
5. Dividend
5.1 Amount
AQNU has a Yearly Dividend Yield of 7.28%, which is a nice return.
AQNU's Dividend Yield is rather good when compared to the industry average which is at 3.69. AQNU pays more dividend than 96.15% of the companies in the same industry.
AQNU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.28% |
5.2 History
The dividend of AQNU has a limited annual growth rate of 4.94%.
AQNU has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)4.94%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
AQNU has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of AQNU is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-91.05%
EPS Next 2Y-1.58%
EPS Next 3Y2.64%
ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24
NYSE:AQNU (6/14/2024, 8:04:01 PM)
After market: 19.1 -0.24 (-1.24%)19.34
+0.38 (+2%)
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 Cap14.83B
Revenue(TTM)2.66B
Net Income(TTM)-339287000
Analysts69.23
Price Target18.53 (-4.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.28% |
Yearly Dividend0.48
Dividend Growth(5Y)4.94%
DP-91.05%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.37%
Min EPS beat(2)-11.14%
Max EPS beat(2)6.4%
EPS beat(4)1
Avg EPS beat(4)-9.13%
Min EPS beat(4)-24.24%
Max EPS beat(4)6.4%
EPS beat(8)3
Avg EPS beat(8)-6.69%
EPS beat(12)4
Avg EPS beat(12)-4.32%
EPS beat(16)5
Avg EPS beat(16)-4.75%
Revenue beat(2)1
Avg Revenue beat(2)-4.22%
Min Revenue beat(2)-9.57%
Max Revenue beat(2)1.13%
Revenue beat(4)2
Avg Revenue beat(4)-2.93%
Min Revenue beat(4)-9.57%
Max Revenue beat(4)1.41%
Revenue beat(8)6
Avg Revenue beat(8)1.12%
Revenue beat(12)9
Avg Revenue beat(12)3.69%
Revenue beat(16)10
Avg Revenue beat(16)1.55%
PT rev (1m)-5.49%
PT rev (3m)-2.25%
EPS NQ rev (1m)-16.48%
EPS NQ rev (3m)-37.36%
EPS NY rev (1m)-8.76%
EPS NY rev (3m)-11.76%
Revenue NQ rev (1m)-6.68%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.76%
Revenue NY rev (3m)-3.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.47 | ||
| Fwd PE | 38.39 | ||
| P/S | 5.02 | ||
| P/FCF | N/A | ||
| P/OCF | 18.41 | ||
| P/B | 2.74 | ||
| P/tB | 3.85 | ||
| EV/EBITDA | 22.96 |
EPS(TTM)0.49
EY2.53%
EPS(NY)0.5
Fwd EY2.6%
FCF(TTM)-0.5
FCFYN/A
OCF(TTM)1.05
OCFY5.43%
SpS3.85
BVpS7.06
TBVpS5.03
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.85% | ||
| ROE | -6.97% | ||
| ROCE | 2.91% | ||
| ROIC | 2.3% | ||
| ROICexc | 2.31% | ||
| ROICexgc | 2.52% | ||
| OM | 18.76% | ||
| PM (TTM) | N/A | ||
| GM | 75.64% | ||
| FCFM | N/A |
ROA(3y)0.13%
ROA(5y)2.2%
ROE(3y)0.18%
ROE(5y)5.78%
ROIC(3y)2.3%
ROIC(5y)2.45%
ROICexc(3y)2.31%
ROICexc(5y)2.46%
ROICexgc(3y)2.53%
ROICexgc(5y)2.73%
ROCE(3y)2.91%
ROCE(5y)3.1%
ROICexgc growth 3Y-2.44%
ROICexgc growth 5Y-7.49%
ROICexc growth 3Y-1.59%
ROICexc growth 5Y-6.9%
OM growth 3Y-6.79%
OM growth 5Y-4.27%
PM growth 3Y-74.64%
PM growth 5Y-41.23%
GM growth 3Y-1.6%
GM growth 5Y0.32%
F-Score5
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.82 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.09 | ||
| Cap/Depr | 225.1% | ||
| Cap/Sales | 40.24% | ||
| Interest Coverage | 1.33 | ||
| Cash Conversion | 74.46% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 0.72 |
F-Score5
WACC6.57%
ROIC/WACC0.35
Cap/Depr(3y)264.2%
Cap/Depr(5y)249.46%
Cap/Sales(3y)45.42%
Cap/Sales(5y)43.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.76%
EPS 3Y-6.69%
EPS 5Y-4.95%
EPS Q2Q%-17.65%
EPS Next Y-7.25%
EPS Next 2Y-1.58%
EPS Next 3Y2.64%
EPS Next 5Y6.64%
Revenue 1Y (TTM)-5.4%
Revenue growth 3Y17.17%
Revenue growth 5Y10.35%
Sales Q2Q%-5.33%
Revenue Next Year3.84%
Revenue Next 2Y2.79%
Revenue Next 3Y3.99%
Revenue Next 5Y1.98%
EBIT growth 1Y-3.91%
EBIT growth 3Y9.22%
EBIT growth 5Y5.64%
EBIT Next Year54.05%
EBIT Next 3Y13.94%
EBIT Next 5Y14.97%
FCF growth 1Y57.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y27.75%
OCF growth 3Y7.52%
OCF growth 5Y3.44%
ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 / AQNU FAQ
What is the fundamental rating for AQNU stock?
ChartMill assigns a fundamental rating of 2 / 10 to AQNU.
What is the valuation status of ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 (AQNU) stock?
ChartMill assigns a valuation rating of 0 / 10 to ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 (AQNU). This can be considered as Overvalued.
Can you provide the profitability details for ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24?
ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 (AQNU) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for AQNU stock?
The Price/Earnings (PE) ratio for ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 (AQNU) is 39.47 and the Price/Book (PB) ratio is 2.74.
Can you provide the expected EPS growth for AQNU stock?
The Earnings per Share (EPS) of ALGONQUIN PWR & - AQNCN 7 3/4 06/15/24 (AQNU) is expected to decline by -7.25% in the next year.