ALLETE, Inc. (ALE)
NYSE: ALE · Real-Time Price · USD
63.91
-0.10 (-0.16%)
Oct 31, 2024, 4:00 PM EDT - Market closed

ALLETE Statistics

Total Valuation

ALLETE has a market cap or net worth of $3.69 billion. The enterprise value is $5.95 billion.

Market Cap 3.69B
Enterprise Value 5.95B

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