ALLETE Financial Statements From 2010 to 2025
| AEBA Stock | EUR 57.50 0.00 0.00% |
Check ALLETE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ALLETE's main balance sheet or income statement drivers, such as , as well as many indicators such as . ALLETE financial statements analysis is a perfect complement when working with ALLETE Valuation or Volatility modules.
ALLETE |
ALLETE Inc Company Current Valuation Analysis
ALLETE's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ALLETE Current Valuation | 5.36 B |
Most of ALLETE's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ALLETE Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, ALLETE Inc has a Current Valuation of 5.36 B. This is 49.14% lower than that of the Utilities sector and 84.04% lower than that of the Utilities - Regulated Electric industry. The current valuation for all Germany stocks is 67.76% higher than that of the company.
ALLETE Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ALLETE's current stock value. Our valuation model uses many indicators to compare ALLETE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ALLETE competition to find correlations between indicators driving ALLETE's intrinsic value. More Info.ALLETE Inc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ALLETE Inc is roughly 3.07 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ALLETE's earnings, one of the primary drivers of an investment's value.About ALLETE Financial Statements
ALLETE stakeholders use historical fundamental indicators, such as ALLETE's revenue or net income, to determine how well the company is positioned to perform in the future. Although ALLETE investors may analyze each financial statement separately, they are all interrelated. For example, changes in ALLETE's assets and liabilities are reflected in the revenues and expenses on ALLETE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ALLETE Inc. Please read more on our technical analysis and fundamental analysis pages.
The company operates through three segments Regulated Operations, ALLETE Clean Energy, and U.S. The company was founded in 1906 and is headquartered in Duluth, Minnesota. ALLETE INC operates under Utilities - Regulated Electric classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1326 people.
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Additional Information and Resources on Investing in ALLETE Stock
When determining whether ALLETE Inc is a strong investment it is important to analyze ALLETE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ALLETE's future performance. For an informed investment choice regarding ALLETE Stock, refer to the following important reports:Check out the analysis of ALLETE Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..