ALLIANT ENERGY CORP (LNT) Stock Fundamental Analysis
USA - NASDAQ:LNT - US0188021085 - Common Stock
68.07 USD
+0.47 (+0.7%)
68.07 USD
0 (0%)
Taking everything into account, LNT scores 4 out of 10 in our fundamental rating. LNT was compared to 47 industry peers in the Electric Utilities industry. While LNT has a great profitability rating, there are quite some concerns on its financial health. While showing a medium growth rate, LNT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
LNT had positive earnings in the past year.
In the past year LNT had a positive cash flow from operations.
Each year in the past 5 years LNT has been profitable.
LNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LNT has a better Return On Assets (3.50%) than 76.60% of its industry peers.
The Return On Equity of LNT (11.64%) is comparable to the rest of the industry.
LNT's Return On Invested Capital of 3.73% is on the low side compared to the rest of the industry. LNT is outperformed by 65.96% of its industry peers.
LNT had an Average Return On Invested Capital over the past 3 years of 3.82%. This is in line with the industry average of 4.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 11.64% | ||
| ROIC | 3.73% |
ROA(3y)3.25%
ROA(5y)3.35%
ROE(3y)10.39%
ROE(5y)10.52%
ROIC(3y)3.82%
ROIC(5y)3.72%
1.3 Margins
LNT has a better Profit Margin (20.07%) than 93.62% of its industry peers.
In the last couple of years the Profit Margin of LNT has grown nicely.
Looking at the Operating Margin, with a value of 24.46%, LNT is in the better half of the industry, outperforming 65.96% of the companies in the same industry.
LNT's Operating Margin has improved in the last couple of years.
LNT has a Gross Margin of 93.92%. This is amongst the best in the industry. LNT outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of LNT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.46% | ||
| PM (TTM) | 20.07% | ||
| GM | 93.92% |
OM growth 3Y3.12%
OM growth 5Y2.19%
PM growth 3Y-1.18%
PM growth 5Y2.56%
GM growth 3Y0.5%
GM growth 5Y0.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LNT is destroying value.
The number of shares outstanding for LNT has been increased compared to 1 year ago.
Compared to 5 years ago, LNT has more shares outstanding
Compared to 1 year ago, LNT has a worse debt to assets ratio.
2.2 Solvency
LNT has an Altman-Z score of 1.13. This is a bad value and indicates that LNT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of LNT (1.13) is better than 65.96% of its industry peers.
LNT has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
LNT has a Debt to Equity ratio (1.39) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.13 |
ROIC/WACC0.56
WACC6.72%
2.3 Liquidity
A Current Ratio of 0.57 indicates that LNT may have some problems paying its short term obligations.
LNT has a Current ratio of 0.57. This is amonst the worse of the industry: LNT underperforms 80.85% of its industry peers.
A Quick Ratio of 0.46 indicates that LNT may have some problems paying its short term obligations.
With a Quick ratio value of 0.46, LNT is not doing good in the industry: 78.72% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.12% over the past year.
Measured over the past 5 years, LNT shows a small growth in Earnings Per Share. The EPS has been growing by 4.62% on average per year.
Looking at the last year, LNT shows a small growth in Revenue. The Revenue has grown by 4.62% in the last year.
The Revenue has been growing slightly by 1.76% on average over the past years.
EPS 1Y (TTM)19.12%
EPS 3Y3.68%
EPS 5Y4.62%
EPS Q2Q%19.3%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y2.76%
Revenue growth 5Y1.76%
Sales Q2Q%7.49%
3.2 Future
LNT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.36% yearly.
The Revenue is expected to grow by 5.36% on average over the next years.
EPS Next Y11.04%
EPS Next 2Y8.93%
EPS Next 3Y8.58%
EPS Next 5Y8.36%
Revenue Next Year0.16%
Revenue Next 2Y2.47%
Revenue Next 3Y3.31%
Revenue Next 5Y5.36%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.01, LNT is valued on the expensive side.
Based on the Price/Earnings ratio, LNT is valued a bit more expensive than 61.70% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.40. LNT is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 19.65, which indicates a rather expensive current valuation of LNT.
Based on the Price/Forward Earnings ratio, LNT is valued a bit more expensive than 65.96% of the companies in the same industry.
LNT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.01 | ||
| Fwd PE | 19.65 |
4.2 Price Multiples
LNT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. LNT is more expensive than 76.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.4 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LNT does not grow enough to justify the current Price/Earnings ratio.
LNT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.9
PEG (5Y)4.55
EPS Next 2Y8.93%
EPS Next 3Y8.58%
5. Dividend
5.1 Amount
LNT has a Yearly Dividend Yield of 3.00%.
LNT's Dividend Yield is comparable with the industry average which is at 3.22.
LNT's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3% |
5.2 History
The dividend of LNT is nicely growing with an annual growth rate of 6.44%!
LNT has been paying a dividend for at least 10 years, so it has a reliable track record.
LNT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.44%
Div Incr Years21
Div Non Decr Years21
5.3 Sustainability
LNT pays out 60.94% of its income as dividend. This is not a sustainable payout ratio.
The dividend of LNT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP60.94%
EPS Next 2Y8.93%
EPS Next 3Y8.58%
68.07
+0.47 (+0.7%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners84.16%
Inst Owner Change0.04%
Ins Owners0.11%
Ins Owner Change0%
Market Cap17.50B
Analysts77.5
Price Target69.9 (2.69%)
Short Float %5.39%
Short Ratio7.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3% |
Yearly Dividend1.92
Dividend Growth(5Y)6.44%
DP60.94%
Div Incr Years21
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.94%
Min EPS beat(2)5.05%
Max EPS beat(2)24.83%
EPS beat(4)3
Avg EPS beat(4)4.47%
Min EPS beat(4)-15.65%
Max EPS beat(4)24.83%
EPS beat(8)4
Avg EPS beat(8)0.44%
EPS beat(12)5
Avg EPS beat(12)-0.63%
EPS beat(16)8
Avg EPS beat(16)0.47%
Revenue beat(2)2
Avg Revenue beat(2)10.29%
Min Revenue beat(2)7.24%
Max Revenue beat(2)13.34%
Revenue beat(4)3
Avg Revenue beat(4)7.77%
Min Revenue beat(4)-0.55%
Max Revenue beat(4)13.34%
Revenue beat(8)3
Avg Revenue beat(8)0.62%
Revenue beat(12)5
Avg Revenue beat(12)1.67%
Revenue beat(16)9
Avg Revenue beat(16)7.01%
PT rev (1m)0%
PT rev (3m)3.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.96%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)16.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.01 | ||
| Fwd PE | 19.65 | ||
| P/S | 4.22 | ||
| P/FCF | N/A | ||
| P/OCF | 15.95 | ||
| P/B | 2.45 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 15.4 |
EPS(TTM)3.24
EY4.76%
EPS(NY)3.46
Fwd EY5.09%
FCF(TTM)-4.13
FCFYN/A
OCF(TTM)4.27
OCFY6.27%
SpS16.13
BVpS27.8
TBVpS27.8
PEG (NY)1.9
PEG (5Y)4.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.5% | ||
| ROE | 11.64% | ||
| ROCE | 4.79% | ||
| ROIC | 3.73% | ||
| ROICexc | 3.79% | ||
| ROICexgc | 3.79% | ||
| OM | 24.46% | ||
| PM (TTM) | 20.07% | ||
| GM | 93.92% | ||
| FCFM | N/A |
ROA(3y)3.25%
ROA(5y)3.35%
ROE(3y)10.39%
ROE(5y)10.52%
ROIC(3y)3.82%
ROIC(5y)3.72%
ROICexc(3y)3.83%
ROICexc(5y)3.73%
ROICexgc(3y)3.83%
ROICexgc(5y)3.73%
ROCE(3y)4.97%
ROCE(5y)4.85%
ROICexcg growth 3Y-0.45%
ROICexcg growth 5Y-2.32%
ROICexc growth 3Y-0.45%
ROICexc growth 5Y-2.32%
OM growth 3Y3.12%
OM growth 5Y2.19%
PM growth 3Y-1.18%
PM growth 5Y2.56%
GM growth 3Y0.5%
GM growth 5Y0.1%
F-Score5
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.43 | ||
| Cap/Depr | 264.46% | ||
| Cap/Sales | 52.05% | ||
| Interest Coverage | 2.18 | ||
| Cash Conversion | 59.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 1.13 |
F-Score5
WACC6.72%
ROIC/WACC0.56
Cap/Depr(3y)243.11%
Cap/Depr(5y)220.49%
Cap/Sales(3y)42.54%
Cap/Sales(5y)38.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.12%
EPS 3Y3.68%
EPS 5Y4.62%
EPS Q2Q%19.3%
EPS Next Y11.04%
EPS Next 2Y8.93%
EPS Next 3Y8.58%
EPS Next 5Y8.36%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y2.76%
Revenue growth 5Y1.76%
Sales Q2Q%7.49%
Revenue Next Year0.16%
Revenue Next 2Y2.47%
Revenue Next 3Y3.31%
Revenue Next 5Y5.36%
EBIT growth 1Y10.58%
EBIT growth 3Y5.97%
EBIT growth 5Y4%
EBIT Next Year71.1%
EBIT Next 3Y26.74%
EBIT Next 5Y21.55%
FCF growth 1Y3.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y120.72%
OCF growth 3Y26.1%
OCF growth 5Y12.06%