ALLETE Statistics
Total Valuation
ALLETE has a market cap or net worth of $3.72 billion. The enterprise value is $5.98 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 57.82 million shares outstanding. The number of shares has increased by 0.61% in one year.
| Current Share Class | 57.82M |
| Shares Outstanding | 57.82M |
| Shares Change (YoY) | +0.61% |
| Shares Change (QoQ) | +0.17% |
| Owned by Insiders (%) | 0.30% |
| Owned by Institutions (%) | 73.39% |
| Float | 57.62M |
Valuation Ratios
The trailing PE ratio is 20.64 and the forward PE ratio is 17.23. ALLETE's PEG ratio is 4.70.
| PE Ratio | 20.64 |
| Forward PE | 17.23 |
| PS Ratio | 2.37 |
| Forward PS | n/a |
| PB Ratio | 1.31 |
| P/TBV Ratio | 1.39 |
| P/FCF Ratio | 32.31 |
| P/OCF Ratio | 8.60 |
| PEG Ratio | 4.70 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 13.34, with an EV/FCF ratio of 51.91.
| EV / Earnings | 33.18 |
| EV / Sales | 3.81 |
| EV / EBITDA | 13.34 |
| EV / EBIT | 33.00 |
| EV / FCF | 51.91 |
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 +15.48% 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 | +15.48% |
| 50-Day Moving Average | 64.27 |
| 200-Day Moving Average | 62.09 |
| Relative Strength Index (RSI) | 48.33 |
| Average Volume (20 Days) | 243,321 |
Short Selling Information
The latest short interest is 821,126, so 1.42% of the outstanding shares have been sold short.
| Short Interest | 821,126 |
| Short Previous Month | 1.05M |
| Short % of Shares Out | 1.42% |
| Short % of Float | 1.43% |
| Short Ratio (days to cover) | 3.41 |
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 StatementBalance 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 -$29.34 per share.
| Cash & Cash Equivalents | 101.90M |
| Total Debt | 1.80B |
| Net Cash | -1.70B |
| Net Cash Per Share | -$29.34 |
| Equity (Book Value) | 3.39B |
| Book Value Per Share | 48.97 |
| Working Capital | 149.00M |
Full Balance SheetCash 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 StatementMargins
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 4.38%.
| Dividend Per Share | $2.82 |
| Dividend Yield | 4.38% |
| Dividend Growth (YoY) | 3.98% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 90.41% |
| Buyback Yield | -0.61% |
| Shareholder Yield | 3.77% |
| Earnings Yield | 4.84% |
| FCF Yield | 3.10% |
Dividend DetailsAnalyst Forecast
The average price target for ALLETE is $62.00, which is -3.68% lower than the current price. The consensus rating is "Hold".
| Price Target | $62.00 |
| Price Target Difference | -3.68% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 1.33% |
| EPS Growth Forecast (5Y) | 3.72% |
Stock ForecastsStock 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 |