company background image
AQ3 logo

AltaGas DB:AQ3 Stock Report

Last Price

€21.60

Market Cap

€6.6b

7D

1.9%

1Y

18.0%

Updated

30 Dec, 2024

Data

Company Financials +

AltaGas Ltd.

DB:AQ3 Stock Report

Market Cap: €6.6b

AQ3 Stock Overview

Operates as an energy infrastructure company in North America. More details

AQ3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health1/6
Dividends2/6

Rewards

Trading at 72.1% below our estimate of its fair value

Earnings are forecast to grow 14.11% per year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 3.76% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

AltaGas Ltd. Competitors

EnBW Energie Baden-Württemberg

XTRA:EBK

€16.3b

Lechwerke

DB:LEC

€2.5b

MVV Energie

XTRA:MVV1

€2.0b

RWE

XTRA:RWE

€21.4b

Price History & Performance

Summary of share price highs, lows and changes for AltaGas
Historical stock prices
Current Share PriceCA$21.60
52 Week HighCA$23.40
52 Week LowCA$18.12
Beta1.21
1 Month Change-4.42%
3 Month Change0%
1 Year Change18.03%
3 Year Change15.17%
5 Year Change62.82%
Change since IPO72.80%

Recent News & Updates

Recent updates

Shareholder Returns

AQ3DE Gas UtilitiesDE Market
7D1.9%0.1%0.6%
1Y18.0%-9.2%7.2%

Return vs Industry: AQ3 exceeded the German Gas Utilities industry which returned -9.2% over the past year.

Return vs Market: AQ3 exceeded the German Market which returned 7.2% over the past year.

Price Volatility

Is AQ3's price volatile compared to industry and market?
AQ3 volatility
AQ3 Average Weekly Movement3.3%
Gas Utilities Industry Average Movement3.0%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.7%
10% least volatile stocks in DE Market2.4%

Stable Share Price: AQ3 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: AQ3's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,045Vern Yuwww.altagas.ca

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers.

AltaGas Ltd. Fundamentals Summary

How do AltaGas's earnings and revenue compare to its market cap?
AQ3 fundamental statistics
Market cap€6.62b
Earnings (TTM)€326.79m
Revenue (TTM)€8.36b

20.4x

P/E Ratio

0.8x

P/S Ratio

Is AQ3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AQ3 income statement (TTM)
RevenueCA$12.48b
Cost of RevenueCA$9.37b
Gross ProfitCA$3.11b
Other ExpensesCA$2.62b
EarningsCA$488.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.64
Gross Margin24.89%
Net Profit Margin3.91%
Debt/Equity Ratio124.5%

How did AQ3 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

70%

Payout Ratio

Does AQ3 pay a reliable dividends?

See AQ3 dividend history and benchmarks
When do you need to buy AQ3 by to receive an upcoming dividend?
AltaGas dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend15 days
Days until Dividend pay date0 days

Does AQ3 pay a reliable dividends?

See AQ3 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:29
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AltaGas Ltd. is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Anthony LintonBarclays
Benjamin PhamBMO Capital Markets Equity Research