Allete Inc Stock Net Income
| AEBA Stock | EUR 57.50 0.00 0.00% |
Fundamental analysis of ALLETE allows traders to better anticipate movements in ALLETE's stock price by examining its financial health and performance throughout various phases of its business cycle.
ALLETE |
ALLETE Inc Company Net Income Analysis
ALLETE's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current ALLETE Net Income | 189.3 M |
Most of ALLETE's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, ALLETE Inc reported net income of 189.3 M. This is 10.5% lower than that of the Utilities sector and 73.86% lower than that of the Utilities - Regulated Electric industry. The net income for all Germany stocks is 66.85% higher than that of the company.
ALLETE Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALLETE's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALLETE could also be used in its relative valuation, which is a method of valuing ALLETE by comparing valuation metrics of similar companies.ALLETE is currently under evaluation in net income category among its peers.
ALLETE Fundamentals
| Return On Equity | 0.0418 | |||
| Return On Asset | 0.0136 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 5.36 B | |||
| Shares Outstanding | 57.25 M | |||
| Shares Owned By Insiders | 0.39 % | |||
| Shares Owned By Institutions | 77.38 % | |||
| Price To Earning | 19.77 X | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 2.22 X | |||
| Revenue | 1.57 B | |||
| Gross Profit | 446.8 M | |||
| EBITDA | 425.6 M | |||
| Net Income | 189.3 M | |||
| Cash And Equivalents | 203.1 M | |||
| Cash Per Share | 3.93 X | |||
| Total Debt | 1.65 B | |||
| Debt To Equity | 70.90 % | |||
| Current Ratio | 1.34 X | |||
| Book Value Per Share | 47.06 X | |||
| Cash Flow From Operations | 221.3 M | |||
| Earnings Per Share | 3.19 X | |||
| Target Price | 71.4 | |||
| Number Of Employees | 1.47 K | |||
| Beta | 0.72 | |||
| Market Capitalization | 3.34 B | |||
| Total Asset | 6.85 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 2.90 % | |||
| Net Asset | 6.85 B | |||
| Last Dividend Paid | 2.6 |
About ALLETE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALLETE Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALLETE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALLETE Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ALLETE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.