Market Cap
US$4.3b
Last Updated
2019/11/22 00:06 UTC
Data Sources
Company Financials +
Executive Summary
ATCO Ltd., together with its subsidiaries, engages in the electricity, pipeline and liquid, and retail energy businesses in Canada, Australia, and internationally.
Snowflake
Fundamentals
Established dividend payer and good value.
Similar Companies
Share Price & News
How has ATCO's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACLL.F has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.05%
ACLL.F
0.2%
US Integrated Utilities
-0.2%
US Market
1 Year Return
22.9%
ACLL.F
14.1%
US Integrated Utilities
16.1%
US Market
Return vs Industry: ACLL.F exceeded the US Integrated Utilities industry which returned 14.1% over the past year.
Return vs Market: ACLL.F exceeded the US Market which returned 16.1% over the past year.
Shareholder returns
| ACLL.F | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.05% | 0.2% | -0.2% |
| 30 Day | 2.6% | -3.2% | 3.7% |
| 90 Day | 5.4% | 1.7% | 8.5% |
| 1 Year | 27.3%22.9% | 18.1%14.1% | 18.7%16.1% |
| 3 Year | 27.9%15.9% | 46.5%31.8% | 46.9%37.4% |
| 5 Year | 1.7%-12.3% | 64.4%32.2% | 61.8%44.0% |
Price Volatility Vs. Market
How volatile is ATCO's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is ATCO undervalued compared to its fair value and its price relative to the market?
35.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ACLL.F ($37.31) is trading below our estimate of fair value ($58.02)
Significantly Below Fair Value: ACLL.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ACLL.F is good value based on its PE Ratio (10x) compared to the Integrated Utilities industry average (20.6x).
PE vs Market: ACLL.F is good value based on its PE Ratio (10x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: ACLL.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ACLL.F is good value based on its PB Ratio (1.4x) compared to the US Integrated Utilities industry average (2.1x).
Next Steps
Future Growth
How is ATCO forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-15.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACLL.F's earnings are forecast to decline over the next 3 years (-15.1% per year).
Earnings vs Market: ACLL.F's earnings are forecast to decline over the next 3 years (-15.1% per year).
High Growth Earnings: ACLL.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ACLL.F's revenue is expected to decline over the next 3 years (-3.1% per year).
High Growth Revenue: ACLL.F's revenue is forecast to decline over the next 3 years (-3.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACLL.F's Return on Equity is forecast to be low in 3 years time (8.1%).
Next Steps
Past Performance
How has ATCO performed over the past 5 years?
4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACLL.F has large one-off items impacting its financial results.
Growing Profit Margin: ACLL.F's current net profit margins (12%) are higher than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: ACLL.F's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: ACLL.F's earnings growth over the past year (151.1%) exceeds its 5-year average (4% per year).
Earnings vs Industry: ACLL.F earnings growth over the past year (151.1%) exceeded the Integrated Utilities industry -9.8%.
Return on Equity
High ROE: ACLL.F's Return on Equity (14.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is ATCO's financial position?
Financial Position Analysis
Short Term Liabilities: ACLL.F's short term assets (CA$3.7B) exceeds its short term liabilities (CA$2.4B)
Long Term Liabilities: ACLL.F's short term assets (CA$3.7B) do not cover its long term liabilities (12.9B)
Debt to Equity History and Analysis
Debt Level: ACLL.F's debt to equity ratio (121.9%) is considered high.
Reducing Debt: ACLL.F's debt to equity ratio has increased from 119.4% to 121.9% over the past 5 years.
Debt Coverage: ACLL.F's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: ACLL.F's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Inventory Level: ACLL.F has a high level of physical assets or inventory.
Debt Coverage by Assets: ACLL.F's debt is not covered by short term assets (assets are 0.4x debt).
Next Steps
Dividend
What is ATCO's current dividend yield, its reliability and sustainability?
3.26%
Current Dividend Yield
Upcoming Dividend Payment
Purchase ATCO before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ACLL.F's dividend (3.26%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ACLL.F's dividend (3.26%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: ACLL.F's dividends per share have been stable in the past 10 years.
Growing Dividend: ACLL.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.2%), ACLL.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACLL.F's dividends in 3 years are forecast to be covered by earnings (57.9% payout ratio).
Next Steps
Management
What is the CEO of ATCO's salary, the management and board of directors tenure and is there insider trading?
3.2yrs
Average management tenure
CEO
Nancy Southern (62yo)
19.8yrs
Tenure
CA$4,842,756
Compensation
Ms. Nancy C. Southern has been the Chief Executive Officer of ATCO Ltd. since January 2000. Ms. Southern served as the Chief Executive Officer at Canadian Utilities Ltd. from January 01, 2003 to May 8, 201 ...
CEO Compensation Analysis
Compensation vs Market: Nancy's total compensation ($USD3.65M) is about average for companies of similar size in the US market ($USD5.06M).
Compensation vs Earnings: Nancy's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.2yrs
Average Tenure
58.5yo
Average Age
Experienced Management: ACLL.F's management team is considered experienced (3.2 years average tenure).
Board Age and Tenure
6.2yrs
Average Tenure
69yo
Average Age
Experienced Board: ACLL.F's board of directors are considered experienced (6.2 years average tenure).
Insider Trading
Insider Buying: ACLL.F insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive Executive VP & GM of Utilities |
| Shares | 600 |
| Max Price | CA$37.68 |
| Entity | Individual |
| Role | Chief Financial Officer Senior VP & CFO |
| Shares | 1,300 |
| Max Price | CA$36.66 |
| Entity | Individual |
| Shares | 300 |
| Max Price | CA$35.72 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman of the Board |
| Shares | 41,100 |
| Max Price | CA$34.28 |
| Entity | Company |
| Shares | 4,500 |
| Max Price | CA$35.85 |
| Entity | Individual |
| Shares | 50 |
| Max Price | CA$35.73 |
| Entity | Individual |
| Shares | 430 |
| Max Price | CA$35.06 |
| Entity | Company |
| Shares | 41,100 |
| Max Price | CA$34.28 |
| Entity | Company |
| Shares | 35,000 |
| Max Price | CA$34.10 |
| Entity | Individual |
| Role | Senior Key Executive President of Structures |
| Shares | 600 |
| Max Price | CA$33.96 |
| Entity | Individual |
| Shares | 1,606 |
| Max Price | CA$33.61 |
| Entity | Individual |
| Shares | 1,506 |
| Max Price | CA$32.14 |
| Entity | Individual |
| Shares | 2,129 |
| Max Price | CA$33.92 |
| Entity | Individual |
| Shares | 17 |
| Max Price | CA$34.00 |
| Entity | Individual |
| Role | President President |
| Shares | 3,359 |
| Max Price | CA$27.26 |
| Entity | Individual |
| Role | Senior Key Executive Managing Director of Electricity Global Business Unit |
| Shares | 959 |
| Max Price | CA$27.26 |
| Entity | Individual |
| Shares | 959 |
| Max Price | CA$33.79 |
| Entity | Individual |
| Shares | 959 |
| Max Price | CA$33.79 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & GM of Utilities |
| Shares | 479 |
| Max Price | CA$33.79 |
| Entity | Individual |
| Shares | 1,150 |
| Max Price | CA$34.04 |
| Entity | Individual |
| Shares | 2 |
| Max Price | CA$28.79 |
| Entity | Individual |
| Shares | 19 |
| Max Price | CA$27.52 |
| Entity | Individual |
| Shares | 11 |
| Max Price | CA$27.52 |
| Entity | Individual |
| Shares | 473 |
| Max Price | CA$30.23 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Nancy Southern (62yo)
Chair & CEO
- Tenure: 19.8yrs
- Compensation: CA$4.84m
Siegfried Kiefer (60yo)
President
- Tenure: 0.8yrs
- Compensation: CA$3.02m
Brian Bale (64yo)
Senior VP of IT & Real Estate and Special Advisor to the CEO
- Tenure: 0yrs
- Compensation: CA$573.52k
Donna Pincott
Director of Corporate Communications
- Tenure: 0yrs
Dennis DeChamplain (55yo)
Senior VP & CFO
- Tenure: 2.4yrs
- Compensation: CA$1.29m
George Lidgett (57yo)
Executive VP & GM of Utilities
- Tenure: 3.9yrs
- Compensation: CA$1.55m
Pat Creaghan
Managing Director of Australian Operations & Chief Operating Officer of Australian Operations
- Tenure: 2.4yrs
Myles Dougan
Director of Investor Relations
- Tenure: 0yrs
Wayne Stensby (52yo)
Managing Director of Electricity Global Business Unit
- Tenure: 3.9yrs
- Compensation: CA$1.40m
Adam Beattie
President of Structures
- Tenure: 0yrs
Board Members
Nancy Southern (62yo)
Chair & CEO
- Tenure: 19.8yrs
- Compensation: CA$4.84m
Roger Urwin (73yo)
Independent Director
- Tenure: 5.5yrs
- Compensation: CA$412.46k
Tony Fountain (58yo)
Independent Director
- Tenure: 4.5yrs
- Compensation: CA$230.60k
Charles Wilson (79yo)
Lead Director
- Tenure: 16.6yrs
- Compensation: CA$630.41k
Rob Routs (73yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: CA$291.61k
Robert Booth (66yo)
Director
- Tenure: 11.8yrs
- Compensation: CA$246.90k
Michael R. Rayfield (76yo)
Independent Director
- Tenure: 10.5yrs
- Compensation: CA$233.10k
Denis Ellard (72yo)
Independent Director
- Tenure: 5.5yrs
- Compensation: CA$225.60k
Susan Werth (62yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: CA$254.30k
Linda Southern-Heathcott (56yo)
Vice Chairman of the Board
- Tenure: 3yrs
- Compensation: CA$436.80k
Company Information
ATCO Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ATCO Ltd.
- Ticker: ACLL.F
- Exchange: OTCPK
- Founded: 1947
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: CA$5.678b
- Listing Market Cap: CA$4.275b
- Shares outstanding: 114.42m
- Website: https://www.atco.com
Number of Employees
Location
- ATCO Ltd.
- 3rd floor
- West Building
- Calgary
- Alberta
- T3E 8B4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ACO.X | TSX (The Toronto Stock Exchange) | Yes | Class I Non-Voting Shares | CA | CAD | Jan 1981 |
| 8A6 | DB (Deutsche Boerse AG) | Yes | Class I Non-Voting Shares | DE | EUR | Jan 1981 |
| ACLL.F | OTCPK (Pink Sheets LLC) | Yes | Class I Non-Voting Shares | US | USD | Jan 1981 |
| ACO.Y | TSX (The Toronto Stock Exchange) | Class II Voting Shares | CA | CAD | Jan 1981 |
Biography
ATCO Ltd., together with its subsidiaries, engages in the electricity, pipeline and liquid, and retail energy businesses in Canada, Australia, and internationally. The company operates through Canadian Uti ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/22 00:06 |
| End of Day Share Price | 2019/11/21 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.