NYSE: ALEAllete Inc Stock
$63.89+0.12 (+0.19%)
Updated Sep 10, 2024
ALE Price
$63.89
Fair Value Price
N/A
Market Cap
$3.69B
52 Week Low
$49.29
52 Week High
$65.86
P/E
16.59x
P/B
1.31x
P/S
2.34x
PEG
8.96x
Dividend Yield
4.37%
Revenue
$1.54B
Earnings
$221.10M
Gross Margin
26.9%
Operating Margin
21.71%
Profit Margin
14.4%
Debt to Equity
1.16
Operating Cash Flow
$430M
Beta
0.81
Next Earnings
Oct 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A
ALE Overview
ALLETE, Inc. is a clean-energy company that owns, operates, and develops wind energy generation facilities. The company serves regulated utilities. It has a position in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets across the U.S. Allete also operates non-wind clean and renewable energy projects. Allete was incorporated in 1906 and is headquartered in Duluth, MN.
Zen Score
–
Industry Average (39)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ALE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
ALE ($63.89) is trading above its intrinsic value of $23.63, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ALE is good value based on its earnings relative to its share price (16.59x), compared to the US market average (23.55x)
P/E vs Market Valuation
ALE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more ALE due diligence checks available for Premium users.
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ALE News
Valuation
ALE price to earnings (PE)
For valuing profitable companies with steady earnings
Company
16.59x
Industry
-11.52x
Market
23.55x
ALE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ALE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
ALE price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
1.31x
Industry
1.7x
ALE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
ALE price to earnings growth (PEG)
For valuing profitable companies with growth potential
ALE is poor value relative... subscribe to Premium to read more.
PEG Value Valuation
ALE's financial health
Profit margin
Revenue
$354.5M
Net Income
$33.0M
Profit Margin
9.3%
ALE's Earnings (EBIT) of $334.20M... subscribe to Premium to read more.
Interest Coverage Financials
ALE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$6.7B
Liabilities
$3.3B
Debt to equity
1.16
ALE's short-term assets ($432.20M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ALE's long-term liabilities ($2.97B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ALE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ALE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$116.4M
Investing
-$76.0M
Financing
-$37.0M
ALE's operating cash flow ($430.20M)... subscribe to Premium to read more.
Debt Coverage Financials
ALE vs Diversified Utility Stocks
Allete Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.