ALLIANT ENERGY CORP (LNT)
US0188021085 - Common Stock
Taking everything into account, LNT scores 4 out of 10 in our fundamental rating. LNT was compared to 45 industry peers in the Electric Utilities industry. While LNT belongs to the best of the industry regarding profitability, there are concerns on its financial health. LNT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LNT was profitable.
LNT had a positive operating cash flow in the past year.
In the past 5 years LNT has always been profitable.
LNT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LNT's Return On Assets of 3.31% is fine compared to the rest of the industry. LNT outperforms 80.00% of its industry peers.
LNT has a Return On Equity of 10.37%. This is in the better half of the industry: LNT outperforms 73.33% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.84%, LNT is in the better half of the industry, outperforming 75.56% of the companies in the same industry.
LNT had an Average Return On Invested Capital over the past 3 years of 3.84%. This is in line with the industry average of 4.42%.
The 3 year average ROIC (3.84%) for LNT is below the current ROIC(3.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 10.37% | ||
| ROIC | 3.84% |
ROA(3y)3.42%
ROA(5y)3.41%
ROE(3y)10.77%
ROE(5y)10.61%
ROIC(3y)3.84%
ROIC(5y)3.82%
1.3 Margins
With an excellent Profit Margin value of 17.45%, LNT belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
In the last couple of years the Profit Margin of LNT has grown nicely.
LNT has a Operating Margin of 23.44%. This is amongst the best in the industry. LNT outperforms 84.44% of its industry peers.
In the last couple of years the Operating Margin of LNT has grown nicely.
With an excellent Gross Margin value of 92.55%, LNT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
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 | 23.44% | ||
| PM (TTM) | 17.45% | ||
| GM | 92.55% |
OM growth 3Y2.63%
OM growth 5Y3.57%
PM growth 3Y-0.97%
PM growth 5Y3.8%
GM growth 3Y-0.74%
GM growth 5Y-0.18%
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
LNT has an Altman-Z score of 1.06. This is a bad value and indicates that LNT is not financially healthy and even has some risk of bankruptcy.
LNT has a better Altman-Z score (1.06) than 75.56% of its industry peers.
A Debt/Equity ratio of 1.28 is on the high side and indicates that LNT has dependencies on debt financing.
LNT has a Debt to Equity ratio of 1.28. This is in the better half of the industry: LNT outperforms 64.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.06 |
ROIC/WACC0.57
WACC6.76%
2.3 Liquidity
LNT has a Current Ratio of 0.55. This is a bad value and indicates that LNT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.55, LNT is not doing good in the industry: 84.44% of the companies in the same industry are doing better.
A Quick Ratio of 0.40 indicates that LNT may have some problems paying its short term obligations.
LNT has a Quick ratio of 0.40. This is amonst the worse of the industry: LNT underperforms 82.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
LNT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.71%.
LNT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.48% yearly.
LNT shows a decrease in Revenue. In the last year, the revenue decreased by -4.19%.
Measured over the past years, LNT shows a small growth in Revenue. The Revenue has been growing by 2.64% on average per year.
EPS 1Y (TTM)0.71%
EPS 3Y5.23%
EPS 5Y5.48%
EPS growth Q2Q2.13%
Revenue 1Y (TTM)-4.19%
Revenue growth 3Y5.64%
Revenue growth 5Y2.64%
Revenue growth Q2Q-9.17%
3.2 Future
The Earnings Per Share is expected to grow by 7.20% on average over the next years.
Based on estimates for the next years, LNT will show a small growth in Revenue. The Revenue will grow by 5.92% on average per year.
EPS Next Y9.7%
EPS Next 2Y8.45%
EPS Next 3Y7.62%
EPS Next 5Y7.2%
Revenue Next Year8.49%
Revenue Next 2Y3.95%
Revenue Next 3Y3.69%
Revenue Next 5Y5.92%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.59, which indicates a rather expensive current valuation of LNT.
Based on the Price/Earnings ratio, LNT is valued a bit more expensive than 62.22% of the companies in the same industry.
LNT is valuated rather cheaply when we compare the Price/Earnings ratio to 24.92, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.03, the valuation of LNT can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LNT indicates a slightly more expensive valuation: LNT is more expensive than 66.67% of the companies listed in the same industry.
LNT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.59 | ||
| Fwd PE | 16.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LNT is valued a bit more expensive than 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.49 |
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 an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.81
PEG (5Y)3.21
EPS Next 2Y8.45%
EPS Next 3Y7.62%
5. Dividend
5.1 Amount
LNT has a Yearly Dividend Yield of 3.93%.
LNT's Dividend Yield is slightly below the industry average, which is at 5.35.
LNT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
5.2 History
On average, the dividend of LNT grows each year by 6.11%, which is quite nice.
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)6.11%
Div Incr Years19
Div Non Decr Years19
5.3 Sustainability
LNT pays out 64.86% of its income as dividend. This is not a sustainable payout ratio.
LNT's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP64.86%
EPS Next 2Y8.45%
EPS Next 3Y7.62%
ALLIANT ENERGY CORP
NASDAQ:LNT (4/26/2024, 7:01:39 PM)
After market: 49.64 +0.05 (+0.1%)49.59
-0.64 (-1.27%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap12.71B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.59 | ||
| Fwd PE | 16.03 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.81
PEG (5Y)3.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 10.37% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 23.44% | ||
| PM (TTM) | 17.45% | ||
| GM | 92.55% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)0.71%
EPS 3Y5.23%
EPS 5Y
EPS growth Q2Q
EPS Next Y9.7%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.19%
Revenue growth 3Y5.64%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y