ALLIANT ENERGY CORP (LNT) Stock Fundamental Analysis
NASDAQ:LNT - US0188021085 - Common Stock
64.62 USD
-0.1 (-0.15%)
64.67 USD
+0.05 (+0.08%)
LNT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 47 industry peers in the Electric Utilities industry. LNT scores excellent on profitability, but there are concerns on its financial health. LNT is quite expensive at the moment. It does show a decent growth rate.
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.
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 3.50% is fine compared to the rest of the industry. LNT outperforms 76.60% of its industry peers.
LNT has a Return On Equity of 11.64%. This is in the better half of the industry: LNT outperforms 65.96% of its industry peers.
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 68.09% 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 5.06%.
| 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 89.36% of its industry peers.
LNT's Profit Margin has improved in the last couple of years.
The Operating Margin of LNT (24.46%) is better than 63.83% of its industry peers.
LNT's Operating Margin has improved in the last couple of years.
LNT has a better Gross Margin (93.92%) than 100.00% of its industry peers.
LNT's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LNT is destroying value.
LNT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, LNT has more shares outstanding
LNT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.10, we must say that LNT is in the distress zone and has some risk of bankruptcy.
LNT has a better Altman-Z score (1.10) than 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.
The Debt to Equity ratio of LNT (1.39) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.1 |
ROIC/WACC0.56
WACC6.71%
2.3 Liquidity
A Current Ratio of 0.57 indicates that LNT may have some problems paying its short term obligations.
The Current ratio of LNT (0.57) is worse than 80.85% of its industry peers.
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.
The Quick ratio of LNT (0.46) is worse than 78.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
LNT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.12%, which is quite good.
The Earnings Per Share has been growing slightly by 4.62% on average over the past years.
Looking at the last year, LNT shows a small growth in Revenue. The Revenue has grown by 4.62% in the last year.
Measured over the past years, LNT shows a small growth in Revenue. The Revenue has been growing by 1.76% on average per year.
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 8.01% yearly.
LNT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.76% yearly.
EPS Next Y11.04%
EPS Next 2Y8.94%
EPS Next 3Y8.52%
EPS Next 5Y8.01%
Revenue Next Year0.19%
Revenue Next 2Y2.49%
Revenue Next 3Y3.27%
Revenue Next 5Y4.76%
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
LNT is valuated rather expensively with a Price/Earnings ratio of 19.94.
Compared to the rest of the industry, the Price/Earnings ratio of LNT indicates a slightly more expensive valuation: LNT is more expensive than 70.21% of the companies listed in the same industry.
LNT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.06.
With a Price/Forward Earnings ratio of 18.65, LNT is valued on the expensive side.
Based on the Price/Forward Earnings ratio, LNT is valued a bit more expensive than the industry average as 70.21% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.69. LNT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.94 | ||
| Fwd PE | 18.65 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LNT indicates a slightly more expensive valuation: LNT is more expensive than 76.60% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.93 |
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)1.81
PEG (5Y)4.32
EPS Next 2Y8.94%
EPS Next 3Y8.52%
5. Dividend
5.1 Amount
LNT has a Yearly Dividend Yield of 3.14%. Purely for dividend investing, there may be better candidates out there.
LNT's Dividend Yield is comparable with the industry average which is at 3.51.
LNT's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
5.2 History
On average, the dividend of LNT grows each year by 6.44%, 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)6.44%
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.
LNT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP60.94%
EPS Next 2Y8.94%
EPS Next 3Y8.52%
64.62
-0.1 (-0.15%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners83.16%
Inst Owner Change0.99%
Ins Owners0.11%
Ins Owner Change0.98%
Market Cap16.61B
Analysts77.5
Price Target70.35 (8.87%)
Short Float %4.64%
Short Ratio6.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.14% |
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)3.06%
PT rev (3m)4.65%
EPS NQ rev (1m)0.42%
EPS NQ rev (3m)5.36%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)13.32%
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-2.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.94 | ||
| Fwd PE | 18.65 | ||
| P/S | 4.01 | ||
| P/FCF | N/A | ||
| P/OCF | 15.14 | ||
| P/B | 2.32 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 14.93 |
EPS(TTM)3.24
EY5.01%
EPS(NY)3.47
Fwd EY5.36%
FCF(TTM)-4.13
FCFYN/A
OCF(TTM)4.27
OCFY6.61%
SpS16.13
BVpS27.8
TBVpS27.8
PEG (NY)1.81
PEG (5Y)4.32
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 | 1.1 |
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 2Y8.94%
EPS Next 3Y8.52%
EPS Next 5Y8.01%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y2.76%
Revenue growth 5Y1.76%
Sales Q2Q%7.49%
Revenue Next Year0.19%
Revenue Next 2Y2.49%
Revenue Next 3Y3.27%
Revenue Next 5Y4.76%
EBIT growth 1Y10.58%
EBIT growth 3Y5.97%
EBIT growth 5Y4%
EBIT Next Year71.9%
EBIT Next 3Y26.98%
EBIT Next 5Y22.73%
FCF growth 1Y3.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y120.72%
OCF growth 3Y26.1%
OCF growth 5Y12.06%