Company Valuation: AltaGas Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,651 6,582 8,195 9,972 13,022 17,419 - -
Change - -13.98% 24.51% 21.68% 30.59% 33.76% - -
Enterprise Value (EV) 1 15,944 16,386 17,629 19,918 22,940 28,072 27,991 28,301
Change - 2.77% 7.59% 12.98% 15.17% 22.37% -0.29% 1.11%
P/E 33.3x 16.6x - 17.3x - - 21.4x -
PBR 1.1x 0.88x 1.06x 1.14x 1.46x 1.82x 1.74x 1.66x
PEG - 0.2x - - - - - -
Capitalization / Revenue 0.72x 0.47x 0.63x 0.8x 1.02x 1.22x 1.1x 1.07x
EV / Revenue 1.51x 1.16x 1.36x 1.6x 1.81x 1.96x 1.77x 1.74x
EV / EBITDA 10.7x 10.7x 11.2x 11.3x 12.3x 13.5x 12.4x 11.8x
EV / EBIT 14.9x 14.9x 15.5x 15.4x 17x 18.1x 16.7x 15.6x
EV / FCF 15.7x 33.5x 15.2x 124x -66.7x -73.8x 38.8x 33.5x
FCF Yield 6.37% 2.98% 6.59% 0.8% -1.5% -1.35% 2.57% 2.99%
Dividend per Share 2 0.9996 1.06 1.12 1.19 1.26 1.341 1.406 1.465
Rate of return 3.66% 4.53% 4.03% 3.55% 3.01% 2.4% 2.52% 2.62%
EPS 2 0.82 1.41 - 1.94 - - 2.61 -
Distribution rate 122% 75.2% - 61.3% - - 53.9% -
Net sales 1 10,573 14,087 12,997 12,448 12,705 14,332 15,786 16,274
EBITDA 1 1,490 1,537 1,575 1,769 1,863 2,086 2,265 2,401
EBIT 1 1,068 1,098 1,134 1,294 1,346 1,552 1,676 1,820
Net income 1 230 399 641 578 747 698 828 944
Net Debt 1 8,293 9,804 9,434 9,946 9,918 10,653 10,572 10,882
Reference price 2 27.31 23.38 27.82 33.48 41.85 55.83 55.83 55.83
Nbr of stocks (in thousands) 280,167 281,519 294,571 297,846 311,168 312,006 - -
Announcement Date 3/4/22 3/2/23 3/8/24 3/6/25 3/6/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 2x13.26x2.4% 12.43B
13.39x1.99x7.24x6.3% 30.88B
20.62x7.67x14.86x2.31% 29.09B
15.27x1.25x8.95x2.36% 13.16B
16.95x1.08x7.55x1.92% 12.98B
15.23x0.94x10.98x3.22% 11.96B
56.72x8.14x12.27x5.7% 9.45B
18.83x5.09x9.34x4.13% 8.51B
10.85x4.01x6.7x2.62% 7.84B
Average 20.98x 3.58x 10.13x 3.44% 15.14B
Weighted average by Cap. 19.36x 3.69x 10.39x 3.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. ALA Stock
  4. Valuation AltaGas Ltd.