ALLETE, Inc. (ALE)
NYSE: ALE · Real-Time Price · USD
65.51
+0.05 (0.08%)
Feb 21, 2025, 4:00 PM EST - Market closed

ALLETE Statistics

Total Valuation

ALLETE has a market cap or net worth of $3.79 billion. The enterprise value is $5.57 billion.

Market Cap 3.79B
Enterprise Value 5.57B

Important Dates

The last earnings date was Thursday, February 13, 2025, before market open.

Earnings Date Feb 13, 2025
Ex-Dividend Date Feb 14, 2025

Share Statistics

ALLETE has 57.90 million shares outstanding. The number of shares has increased by 0.70% in one year.

Current Share Class 57.90M
Shares Outstanding 57.90M
Shares Change (YoY) +0.70%
Shares Change (QoQ) +0.17%
Owned by Insiders (%) 0.35%
Owned by Institutions (%) 71.55%
Float 57.67M

Valuation Ratios

The trailing PE ratio is 21.13 and the forward PE ratio is 18.30. ALLETE's PEG ratio is 4.99.

PE Ratio 21.13
Forward PE 18.30
PS Ratio 2.47
Forward PS n/a
PB Ratio 1.33
P/TBV Ratio 1.41
P/FCF Ratio 37.11
P/OCF Ratio 8.30
PEG Ratio 4.99
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.46, with an EV/FCF ratio of 54.51.

EV / Earnings 31.07
EV / Sales 3.64
EV / EBITDA 12.46
EV / EBIT 32.07
EV / FCF 54.51

Financial Position

The company has a current ratio of 1.08, with a Debt / Equity ratio of 0.53.

Current Ratio 1.08
Quick Ratio 0.45
Debt / Equity 0.53
Debt / EBITDA 4.00
Debt / FCF 17.71
Interest Coverage 2.13

Financial Efficiency

Return on equity (ROE) is 3.58% and return on invested capital (ROIC) is 2.09%.

Return on Equity (ROE) 3.58%
Return on Assets (ROA) 1.62%
Return on Invested Capital (ROIC) 2.09%
Return on Capital Employed (ROCE) 2.74%
Revenue Per Employee $980,641
Profits Per Employee $114,936
Employee Count 1,560
Asset Turnover 0.23
Inventory Turnover 6.26

Taxes

In the past 12 months, ALLETE has paid $4.70 million in taxes.

Income Tax 4.70M
Effective Tax Rate 3.72%

Stock Price Statistics

The stock price has increased by +13.58% 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 +13.58%
50-Day Moving Average 65.22
200-Day Moving Average 64.12
Relative Strength Index (RSI) 49.91
Average Volume (20 Days) 334,395

Short Selling Information

The latest short interest is 898,872, so 1.55% of the outstanding shares have been sold short.

Short Interest 898,872
Short Previous Month 1.07M
Short % of Shares Out 1.55%
Short % of Float 1.56%
Short Ratio (days to cover) 2.21

Income Statement

In the last 12 months, ALLETE had revenue of $1.53 billion and earned $179.30 million in profits. Earnings per share was $3.10.

Revenue 1.53B
Gross Profit 497.00M
Operating Income 173.70M
Pretax Income 253.30M
Net Income 179.30M
EBITDA 446.90M
EBIT 173.70M
Earnings Per Share (EPS) $3.10
Full Income Statement

Balance Sheet

The company has $32.80 million in cash and $1.81 billion in debt, giving a net cash position of -$1.78 billion or -$30.70 per share.

Cash & Cash Equivalents 32.80M
Total Debt 1.81B
Net Cash -1.78B
Net Cash Per Share -$30.70
Equity (Book Value) 3.39B
Book Value Per Share 49.20
Working Capital 31.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $457.10 million and capital expenditures -$354.90 million, giving a free cash flow of $102.20 million.

Operating Cash Flow 457.10M
Capital Expenditures -354.90M
Free Cash Flow 102.20M
FCF Per Share $1.77
Full Cash Flow Statement

Margins

Gross margin is 32.49%, with operating and profit margins of 11.35% and 11.72%.

Gross Margin 32.49%
Operating Margin 11.35%
Pretax Margin 8.26%
Profit Margin 11.72%
EBITDA Margin 29.21%
EBIT Margin 11.35%
FCF Margin 6.68%

Dividends & Yields

This stock pays an annual dividend of $2.92, which amounts to a dividend yield of 4.46%.

Dividend Per Share $2.92
Dividend Yield 4.46%
Dividend Growth (YoY) 3.93%
Years of Dividend Growth 10
Payout Ratio 94.19%
Buyback Yield -0.70%
Shareholder Yield 3.76%
Earnings Yield 4.73%
FCF Yield 2.69%
Dividend Details

Analyst Forecast

The average price target for ALLETE is $63.00, which is -3.83% lower than the current price. The consensus rating is "Hold".

Price Target $63.00
Price Target Difference -3.83%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (5Y) 7.04%
EPS Growth Forecast (5Y) 13.59%
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 4