Allete Valuation
| ALE Stock | USD 65.00 0.07 0.11% |
At this time, the firm appears to be overvalued. Allete Inc shows a prevailing Real Value of $56.89 per share. The current price of the firm is $65.0. Our model approximates the value of Allete Inc from analyzing the firm fundamentals such as Profit Margin of 0.12 %, current valuation of 5.45 B, and Return On Equity of 0.0355 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Allete's valuation include:
Price Book 1.326 | Enterprise Value 5.5 B | Enterprise Value Ebitda 11.1439 | Price Sales 2.3947 | Forward PE 17.5131 |
Overvalued
Today
Please note that Allete's price fluctuation is very steady at this time. Calculation of the real value of Allete Inc is based on 3 months time horizon. Increasing Allete's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Allete stock is determined by what a typical buyer is willing to pay for full or partial control of Allete Inc. Since Allete is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Allete Stock. However, Allete's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 65.0 | Real 56.89 | Target 59.67 | Hype 64.99 | Naive 65.08 |
The real value of Allete Stock, also known as its intrinsic value, is the underlying worth of Allete Inc Company, which is reflected in its stock price. It is based on Allete's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Allete's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Allete Inc helps investors to forecast how Allete stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Allete more accurately as focusing exclusively on Allete's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Allete's intrinsic value based on its ongoing forecasts of Allete's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Allete's closest peers. If more than one evaluation category is relevant for Allete we suggest using both methods to arrive at a better estimate.
Allete Cash |
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Allete Valuation Trend
Comparing Allete's enterprise value against its market capitalization is a good way to estimate the value of Allete Inc uage its performance over time. This information may sometimes be enough for investors to make reasonable market timing decisions.
Allete Revenue by Product
Allete Total Value Analysis
Allete Inc is presently expected to have company total value of 5.45 B with market capitalization of 3.75 B, debt of 1.79 B, and cash on hands of 36.4 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Allete fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
5.45 B | 3.75 B | 1.79 B | 36.4 M |
Allete Investor Information
About 75.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.33. Some equities with similar Price to Book (P/B) outperform the market in the long run. Allete Inc has Price/Earnings To Growth (PEG) ratio of 2.22. The entity last dividend was issued on the 15th of November 2024. The firm had 1:3 split on the 21st of September 2004. Based on the measurements of operating efficiency obtained from Allete's historical financial statements, Allete Inc is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December.| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Operating Profit Margin | 0.17 | 0.0962 |
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| Total Cash From Operating Activities | 614.6 M | 585.3 M |
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| Operating Income | 190.7 M | 180.9 M |
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Allete Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Allete has an asset utilization ratio of 28.24 percent. This indicates that the Company is making $0.28 for each dollar of assets. An increasing asset utilization means that Allete Inc is more efficient with each dollar of assets it utilizes for everyday operations.Allete Ownership Allocation
Allete holds a total of 57.82 Million outstanding shares. The majority of Allete Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Allete Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Allete. Please pay attention to any change in the institutional holdings of Allete Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Allete Profitability Analysis
The company reported the last year's revenue of 1.88 B. Total Income to common stockholders was 247.1 M with profit before taxes, overhead, and interest of 446.8 M.Allete Past Distributions to stockholders
| 1st of March 2024 | ||
| 1st of December 2023 | ||
| 1st of September 2023 | ||
| 1st of June 2023 | ||
| 1st of March 2023 | ||
| 1st of December 2022 |
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Allete's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Allete and how it compares across the competition.
About Allete Valuation
The stock valuation mechanism determines Allete's current worth on a weekly basis. Our valuation model uses a comparative analysis of Allete. We calculate exposure to Allete's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Allete's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 238.1 M | 453.3 M | |
| Pretax Profit Margin | 0.11 | 0.13 | |
| Operating Profit Margin | 0.10 | 0.17 | |
| Net Profit Margin | 0.13 | 0.13 | |
| Gross Profit Margin | 0.13 | 0.12 |
Allete Quarterly Retained Earnings |
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A single share of Allete represents a small ownership stake in the entity. As a stockholder of Allete, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Allete Dividends Analysis For Valuation
At present, Allete's Dividend Payout Ratio is projected to increase slightly based on the last few years of reporting. . As of November 26, 2024, Retained Earnings is expected to decline to about 556.9 M. In addition to that, Retained Earnings Total Equity is expected to decline to about 716.9 M
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 155.5 M | 96.7 M | |
| Dividend Yield | 0.04 | 0.06 | |
| Dividend Payout Ratio | 0.63 | 0.85 | |
| Dividend Paid And Capex Coverage Ratio | 1.37 | 1.00 |
There are various types of dividends Allete can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Allete shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Allete Inc directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Allete pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Allete by the value of the dividends paid out.
Allete Growth Indicators
Investing in growth stocks can be very risky. If the company such as Allete does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 57.4 M | |
| Quarterly Earnings Growth Y O Y | -0.477 | |
| Forward Price Earnings | 17.5131 |
Allete Current Valuation Indicators
Valuation refers to the process of determining the present value of Allete Inc and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Allete we look at many different elements of the entity such as Allete's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Allete, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Allete's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Allete's worth.Complementary Tools for Allete Stock analysis
When running Allete's price analysis, check to measure Allete's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allete is operating at the current time. Most of Allete's value examination focuses on studying past and present price action to predict the probability of Allete's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allete's price. Additionally, you may evaluate how the addition of Allete to your portfolios can decrease your overall portfolio volatility.
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