ALLETE Statistics
Total Valuation
ALLETE has a market cap or net worth of $3.56 billion. The enterprise value is $5.32 billion.
| Market Cap | 3.56B |
| Enterprise Value | 5.32B |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, before market open.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | May 14, 2024 |
Share Statistics
ALLETE has 57.75 million shares outstanding. The number of shares has increased by 0.70% in one year.
| Shares Outstanding | 57.75M |
| Shares Change (YoY) | +0.70% |
| Shares Change (QoQ) | +0.52% |
| Owned by Insiders (%) | 0.43% |
| Owned by Institutions (%) | 79.44% |
| Float | 57.46M |
Valuation Ratios
The trailing PE ratio is 14.82 and the forward PE ratio is 15.50. ALLETE's PEG ratio is 2.22.
| PE Ratio | 14.82 |
| Forward PE | 15.50 |
| PS Ratio | 2.07 |
| Forward PS | n/a |
| PB Ratio | 1.26 |
| P/FCF Ratio | 12.23 |
| PEG Ratio | 2.22 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.77, with an EV/FCF ratio of 18.27.
| EV / Earnings | 22.20 |
| EV / Sales | 3.10 |
| EV / EBITDA | 8.77 |
| EV / EBIT | 15.12 |
| EV / FCF | 18.27 |
Financial Position
The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.63.
| Current Ratio | 1.66 |
| Quick Ratio | 0.67 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 2.95 |
| Debt / FCF | 6.15 |
| Interest Coverage | 4.30 |
Financial Efficiency
Return on equity (ROE) is 8.60% and return on invested capital (ROIC) is 3.46%.
| Return on Equity (ROE) | 8.60% |
| Return on Assets (ROA) | 3.60% |
| Return on Capital (ROIC) | 3.46% |
| Revenue Per Employee | $1.10M |
| Profits Per Employee | $153,590 |
| Employee Count | 1,560 |
| Asset Turnover | 0.26 |
| Inventory Turnover | 4.85 |
Taxes
In the past 12 months, ALLETE has paid $30.40 million in taxes.
| Income Tax | 30.40M |
| Effective Tax Rate | 11.26% |
Stock Price Statistics
The stock price has increased by +5.51% in the last 52 weeks. The beta is 0.78, so ALLETE's price volatility has been lower than the market average.
| Beta (5Y) | 0.78 |
| 52-Week Price Change | +5.51% |
| 50-Day Moving Average | 62.35 |
| 200-Day Moving Average | 58.64 |
| Relative Strength Index (RSI) | 36.22 |
| Average Volume (20 Days) | 481,317 |
Short Selling Information
The latest short interest is 982,290, so 1.70% of the outstanding shares have been sold short.
| Short Interest | 982,290 |
| Short Previous Month | 917,612 |
| Short % of Shares Out | 1.70% |
| Short % of Float | 1.71% |
| Short Ratio (days to cover) | 2.19 |
Income Statement
In the last 12 months, ALLETE had revenue of $1.72 billion and earned $239.60 million in profits. Earnings per share was $4.16.
| Revenue | 1.72B |
| Gross Profit | 434.40M |
| Operating Income | 179.90M |
| Pretax Income | 270.00M |
| Net Income | 239.60M |
| EBITDA | 606.30M |
| EBIT | 351.90M |
| Earnings Per Share (EPS) | $4.16 |
Balance Sheet
The company has $32.00 million in cash and $1.79 billion in debt, giving a net cash position of -$1.76 billion or -$30.43 per share.
| Cash & Cash Equivalents | 32.00M |
| Total Debt | 1.79B |
| Net Cash | -1.76B |
| Net Cash Per Share | -$30.43 |
| Equity (Book Value) | 2.82B |
| Book Value Per Share | 48.88 |
| Working Capital | 172.40M |
Cash Flow
In the last 12 months, operating cash flow was $553.00 million and capital expenditures -$261.80 million, giving a free cash flow of $291.20 million.
| Operating Cash Flow | 553.00M |
| Capital Expenditures | -261.80M |
| Free Cash Flow | 291.20M |
| FCF Per Share | $5.06 |
Margins
Gross margin is 25.28%, with operating and profit margins of 10.47% and 13.94%.
| Gross Margin | 25.28% |
| Operating Margin | 10.47% |
| Pretax Margin | 15.71% |
| Profit Margin | 13.94% |
| EBITDA Margin | 35.29% |
| EBIT Margin | 20.48% |
| FCF Margin | 16.95% |
Dividends & Yields
This stock pays an annual dividend of $2.82, which amounts to a dividend yield of 4.57%.
| Dividend Per Share | $2.82 |
| Dividend Yield | 4.57% |
| Dividend Growth (YoY) | 4.14% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 67.79% |
| Buyback Yield | -0.70% |
| Shareholder Yield | 3.87% |
| Earnings Yield | 6.73% |
| FCF Yield | 8.18% |
Analyst Forecast
The average price target for ALLETE is $62.00, which is 0.54% higher than the current price. The consensus rating is "Hold".
| Price Target | $62.00 |
| Price Target Difference | 0.54% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 1.33% |
| EPS Growth Forecast (5Y) | 3.72% |
Stock Splits
The last stock split was on September 21, 2004. It was a reverse split with a ratio of 1:3.
| Last Split Date | Sep 21, 2004 |
| Split Type | Reverse |
| Split Ratio | 1:3 |
Scores
ALLETE has an Altman Z-Score of 1.36 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.36 |
| Piotroski F-Score | 7 |