ALLETE Statistics
Total Valuation
ALLETE has a market cap or net worth of $3.69 billion. The enterprise value is $5.95 billion.
Important Dates
The last earnings date was Wednesday, October 30, 2024, before market open.
Earnings Date | Oct 30, 2024 |
Ex-Dividend Date | Nov 15, 2024 |
Share Statistics
ALLETE has 57.75 million shares outstanding. The number of shares has increased by 0.61% in one year.
Shares Outstanding | 57.75M |
Shares Change (YoY) | +0.61% |
Shares Change (QoQ) | +0.17% |
Owned by Insiders (%) | 0.30% |
Owned by Institutions (%) | 74.66% |
Float | 57.55M |
Valuation Ratios
The trailing PE ratio is 20.49 and the forward PE ratio is 16.44. ALLETE's PEG ratio is 4.57.
PE Ratio | 20.49 |
Forward PE | 16.44 |
PS Ratio | 2.35 |
Forward PS | n/a |
PB Ratio | 1.31 |
P/FCF Ratio | 32.04 |
PEG Ratio | 4.57 |
Financial Ratio History Enterprise Valuation
The stock's EV/EBITDA ratio is 13.27, with an EV/FCF ratio of 51.64.
EV / Earnings | 33.01 |
EV / Sales | 3.79 |
EV / EBITDA | 13.27 |
EV / EBIT | 32.83 |
EV / FCF | 51.64 |
Financial Position
The company has a current ratio of 1.45, with a Debt / Equity ratio of 0.53.
Current Ratio | 1.45 |
Quick Ratio | 0.71 |
Debt / Equity | 0.53 |
Debt / EBITDA | 3.98 |
Debt / FCF | 15.61 |
Interest Coverage | 2.25 |
Financial Efficiency
Return on equity (ROE) is 3.55% and return on invested capital (ROIC) is 2.18%.
Return on Equity (ROE) | 3.55% |
Return on Assets (ROA) | 1.69% |
Return on Capital (ROIC) | 2.18% |
Revenue Per Employee | $1.00M |
Profits Per Employee | $115,513 |
Employee Count | 1,560 |
Asset Turnover | 0.23 |
Inventory Turnover | 6.19 |
Taxes
In the past 12 months, ALLETE has paid $15.80 million in taxes.
Income Tax | 15.80M |
Effective Tax Rate | 11.60% |
Stock Price Statistics
The stock price has increased by +20.69% in the last 52 weeks. The beta is 0.79, so ALLETE's price volatility has been lower than the market average.
Beta (5Y) | 0.79 |
52-Week Price Change | +20.69% |
50-Day Moving Average | 63.96 |
200-Day Moving Average | 61.70 |
Relative Strength Index (RSI) | 45.41 |
Average Volume (20 Days) | 224,008 |
Short Selling Information
The latest short interest is 919,997, so 1.59% of the outstanding shares have been sold short.
Short Interest | 919,997 |
Short Previous Month | 1.05M |
Short % of Shares Out | 1.59% |
Short % of Float | 1.60% |
Short Ratio (days to cover) | 3.43 |
Income Statement
In the last 12 months, ALLETE had revenue of $1.57 billion and earned $180.20 million in profits. Earnings per share was $3.12.
Revenue | 1.57B |
Gross Profit | 494.90M |
Operating Income | 181.20M |
Pretax Income | 253.30M |
Net Income | 180.20M |
EBITDA | 448.30M |
EBIT | 181.20M |
Earnings Per Share (EPS) | $3.12 |
Full Income Statement Balance Sheet
The company has $101.90 million in cash and $1.80 billion in debt, giving a net cash position of -$1.70 billion or -$29.37 per share.
Cash & Cash Equivalents | 101.90M |
Total Debt | 1.80B |
Net Cash | -1.70B |
Net Cash Per Share | -$29.37 |
Equity (Book Value) | 3.39B |
Book Value Per Share | 48.97 |
Working Capital | 149.00M |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was $432.60 million and capital expenditures -$317.40 million, giving a free cash flow of $115.20 million.
Operating Cash Flow | 432.60M |
Capital Expenditures | -317.40M |
Free Cash Flow | 115.20M |
FCF Per Share | $1.99 |
Full Cash Flow Statement Margins
Gross margin is 31.57%, with operating and profit margins of 11.56% and 11.49%.
Gross Margin | 31.57% |
Operating Margin | 11.56% |
Pretax Margin | 8.69% |
Profit Margin | 11.49% |
EBITDA Margin | 28.60% |
EBIT Margin | 11.56% |
FCF Margin | 9.45% |
Dividends & Yields
This stock pays an annual dividend of $2.82, which amounts to a dividend yield of 4.41%.
Dividend Per Share | $2.82 |
Dividend Yield | 4.41% |
Dividend Growth (YoY) | 4.06% |
Years of Dividend Growth | 13 |
Payout Ratio | 90.15% |
Buyback Yield | -0.61% |
Shareholder Yield | 3.80% |
Earnings Yield | 4.88% |
FCF Yield | 3.12% |
Dividend Details Analyst Forecast
The average price target for ALLETE is $62.00, which is -2.99% lower than the current price. The consensus rating is "Hold".
Price Target | $62.00 |
Price Target Difference | -2.99% |
Analyst Consensus | Hold |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 1.33% |
EPS Growth Forecast (5Y) | 3.72% |
Stock Forecasts Stock Splits
The last stock split was on September 21, 2004. It was a reverse split with a ratio of 0.33333:1.
Last Split Date | Sep 21, 2004 |
Split Type | Reverse |
Split Ratio | 0.33333:1 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 5 |