ALLIANT ENERGY CORP (LNT) Stock Fundamental Analysis
USA - NASDAQ:LNT - US0188021085 - Common Stock
68.22 USD
-0.37 (-0.54%)
68.22 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. LNT has an excellent profitability rating, but there are concerns on its financial health. While showing a medium growth rate, LNT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year LNT was profitable.
LNT had a positive operating cash flow in the past year.
Each year in the past 5 years LNT has been profitable.
Each year in the past 5 years LNT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.50%, LNT is in the better half of the industry, outperforming 76.60% of the companies in the same industry.
The Return On Equity of LNT (11.64%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.73%, LNT is doing worse than 65.96% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for LNT 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 Profit Margin of 20.07%. This is amongst the best in the industry. LNT outperforms 93.62% of its industry peers.
LNT's Profit Margin has improved in the last couple of years.
LNT's Operating Margin of 24.46% is fine compared to the rest of the industry. LNT outperforms 65.96% of its industry peers.
In the last couple of years the Operating Margin of LNT has grown nicely.
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.
Compared to 1 year ago, LNT has more shares outstanding
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
Based on the Altman-Z score of 1.14, we must say that LNT is in the distress zone and has some risk of bankruptcy.
LNT has a Altman-Z score of 1.14. This is in the better half of the industry: LNT outperforms 68.09% of its industry peers.
A Debt/Equity ratio of 1.39 is on the high side and indicates that LNT has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.39, LNT is in line with its industry, outperforming 53.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.14 |
ROIC/WACC0.56
WACC6.71%
2.3 Liquidity
LNT has a Current Ratio of 0.57. This is a bad value and indicates that LNT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.57, LNT is doing worse than 80.85% of the companies in the same industry.
LNT has a Quick Ratio of 0.57. This is a bad value and indicates that LNT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.46, LNT is doing worse than 78.72% of the companies in the same industry.
| 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.
LNT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.62% yearly.
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
The Earnings Per Share is expected to grow by 8.36% on average over the next years. This is quite good.
Based on estimates for the next years, LNT will show a small growth in Revenue. The Revenue will grow by 5.36% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.06, which indicates a rather expensive current valuation of LNT.
LNT's Price/Earnings ratio is a bit more expensive when compared to the industry. LNT is more expensive than 63.83% of the companies in the same industry.
LNT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.77.
A Price/Forward Earnings ratio of 19.69 indicates a rather expensive valuation of LNT.
LNT's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. LNT is more expensive than 68.09% of the companies in the same industry.
LNT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.06 | ||
| Fwd PE | 19.69 |
4.2 Price Multiples
76.60% of the companies in the same industry are cheaper than LNT, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
LNT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.91
PEG (5Y)4.56
EPS Next 2Y8.93%
EPS Next 3Y8.58%
5. Dividend
5.1 Amount
LNT has a Yearly Dividend Yield of 3.00%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.24, LNT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, LNT pays a bit more dividend than the S&P500 average.
| 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 paid a dividend for at least 10 years, which is 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%
68.22
-0.37 (-0.54%)
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 Cap17.54B
Analysts77.5
Price Target69.9 (2.46%)
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 | 21.06 | ||
| Fwd PE | 19.69 | ||
| P/S | 4.23 | ||
| P/FCF | N/A | ||
| P/OCF | 15.99 | ||
| P/B | 2.45 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 15.47 |
EPS(TTM)3.24
EY4.75%
EPS(NY)3.46
Fwd EY5.08%
FCF(TTM)-4.13
FCFYN/A
OCF(TTM)4.27
OCFY6.26%
SpS16.13
BVpS27.8
TBVpS27.8
PEG (NY)1.91
PEG (5Y)4.56
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 | 1.14 |
F-Score5
WACC6.71%
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%