Algonquin Power Utilities Stock Fundamentals
| AQNB Stock | USD 25.70 0.07 0.27% |
Algonquin Power Utilities fundamentals help investors to digest information that contributes to Algonquin Power's financial success or failures. It also enables traders to predict the movement of Algonquin Stock. The fundamental analysis module provides a way to measure Algonquin Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Algonquin Power stock.
At present, Algonquin Power's Extraordinary Items is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 630.8 M, whereas Tax Provision is forecasted to decline to about 56.9 M. Algonquin | Select Account or Indicator |
Algonquin Power Utilities Company Cash Flow From Operations Analysis
Algonquin Power's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Algonquin Power Cash Flow From Operations | 628.03 M |
Most of Algonquin Power's fundamental indicators, such as Cash Flow From Operations, 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, Algonquin Power Utilities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Algonquin Cash Flow From Operations Historical Pattern
Today, most investors in Algonquin Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Algonquin Power's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash flow from operations growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Algonquin Power cash flow from operations as a starting point in their analysis.
Algonquin Power Cash Flow From Operations |
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Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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In accordance with the recently published financial statements, Algonquin Power Utilities has 628.03 M in Cash Flow From Operations. This is 116.73% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The cash flow from operations for all United States stocks is 35.34% higher than that of the company.
Algonquin Power Utilities Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Algonquin Power's current stock value. Our valuation model uses many indicators to compare Algonquin Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Algonquin Power competition to find correlations between indicators driving Algonquin Power's intrinsic value. More Info.Algonquin Power Utilities is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.36 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Algonquin Power Utilities is roughly 2.76 . At present, Algonquin Power's Total Revenue is projected to increase significantly based on the last few years of reporting. 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 Algonquin Power's earnings, one of the primary drivers of an investment's value.Algonquin Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Algonquin Power's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Algonquin Power could also be used in its relative valuation, which is a method of valuing Algonquin Power by comparing valuation metrics of similar companies.Algonquin Power is currently under evaluation in cash flow from operations category among its peers.
Algonquin Power Current Valuation Drivers
We derive many important indicators used in calculating different scores of Algonquin Power from analyzing Algonquin Power's financial statements. These drivers represent accounts that assess Algonquin Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Algonquin Power's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.1B | 9.2B | 9.0B | 4.1B | 6.1B | 6.4B | |
| Enterprise Value | 10.9B | 13.6B | 15.1B | 11.5B | 14.6B | 15.3B |
Algonquin Power ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Algonquin Power's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Algonquin Power's managers, analysts, and investors.Environmental | Governance | Social |
Algonquin Fundamentals
| Revenue | 2.7 B | ||||
| EBITDA | 976.62 M | ||||
| Net Income | 28.67 M | ||||
| Total Debt | 8.55 B | ||||
| Cash Flow From Operations | 628.03 M | ||||
| Number Of Employees | 17 | ||||
| Total Asset | 18.37 B | ||||
| Retained Earnings | (1.28 B) | ||||
| Annual Yield | 0.06 % | ||||
| Net Asset | 18.37 B | ||||
| Last Dividend Paid | 0.39 |
About Algonquin Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Algonquin Power Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algonquin Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algonquin Power Utilities 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 74.5 M | 78 M | |
| Total Revenue | 2.7 B | 1.9 B | |
| Cost Of Revenue | 2.1 B | 1.5 B | |
| Sales General And Administrative To Revenue | 0.03 | 0.04 | |
| Capex To Revenue | 0.38 | 0.21 | |
| Revenue Per Share | 2.78 | 1.89 | |
| Ebit Per Revenue | 0.17 | 0.18 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:Check out Algonquin Power Piotroski F Score and Algonquin Power Altman Z Score analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algonquin Power. If investors know Algonquin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.