XTSEALA.PR.A
Market cap6.86bUSD
Dec 23, Last price
13.85CAD
Name
AltaGas Ltd
Chart & Performance
Profile
AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
| Income | ||||||||||
Revenues | 12,997,000 -7.74% | 14,087,000 33.24% | 10,573,000 89.24% | |||||||
Cost of revenue | 10,055,000 | 12,706,000 | 9,184,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,942,000 | 1,381,000 | 1,389,000 | |||||||
NOPBT Margin | 22.64% | 9.80% | 13.14% | |||||||
Operating Taxes | 223,000 | 143,000 | 106,000 | |||||||
Tax Rate | 7.58% | 10.35% | 7.63% | |||||||
NOPAT | 2,719,000 | 1,238,000 | 1,283,000 | |||||||
Net income | 673,000 68.67% | 399,000 40.99% | 283,000 -48.73% | |||||||
Dividends | (343,000) | (338,000) | (356,000) | |||||||
Dividend yield | 4.35% | 5.10% | 4.63% | |||||||
Proceeds from repurchase of equity | (183,000) | (549,000) | ||||||||
BB yield | 2.32% | 8.29% | ||||||||
| Debt | ||||||||||
Debt current | 1,231,000 | 719,000 | 771,000 | |||||||
Long-term debt | 9,129,000 | 9,760,000 | 8,281,000 | |||||||
Deferred revenue | 29,000 | 80,000 | 72,000 | |||||||
Other long-term liabilities | 1,982,000 | 2,038,000 | 2,168,000 | |||||||
Net debt | 9,579,000 | 9,772,000 | 8,366,000 | |||||||
| Cash flow | ||||||||||
Cash from operating activities | 1,121,000 | 539,000 | 738,000 | |||||||
CAPEX | (943,000) | (958,000) | (814,000) | |||||||
Cash from investing activities | (199,000) | (997,000) | (483,000) | |||||||
Cash from financing activities | (882,000) | 435,000 | (245,000) | |||||||
FCF | 1,440,000 | 689,000 | 768,000 | |||||||
| Balance | ||||||||||
Cash | 95,000 | 53,000 | 63,000 | |||||||
Long term investments | 686,000 | 654,000 | 623,000 | |||||||
Excess cash | 131,150 | 2,650 | 157,350 | |||||||
Stockholders' equity | 7,239,000 | 6,993,000 | 7,213,000 | |||||||
Invested Capital | 19,621,850 | 19,905,350 | 18,391,650 | |||||||
ROIC | 13.76% | 6.47% | 7.08% | |||||||
ROCE | 13.82% | 6.49% | 7.05% | |||||||
| EV | ||||||||||
Common stock shares outstanding | 283,700 | 283,300 | 281,700 | |||||||
Price | 27.82 18.99% | 23.38 -14.39% | 27.31 45.89% | |||||||
Market cap | 7,892,534 19.16% | 6,623,554 -13.90% | 7,693,227 46.93% | |||||||
EV | 18,012,534 | 17,143,554 | 17,787,227 | |||||||
EBITDA | 3,383,000 | 1,820,000 | 1,811,000 | |||||||
EV/EBITDA | 5.32 | 9.42 | 9.82 | |||||||
Interest | 394,000 | 330,000 | 275,000 | |||||||
Interest/NOPBT | 13.39% | 23.90% | 19.80% | |||||||