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AGL Energy

OTCPK:AGLX.Y
Snowflake Description

Flawless balance sheet 6 star dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AGLX.Y
OTCPK
A$14B
Market Cap
  1. Home
  2. US
  3. Utilities
Company description

AGL Energy Limited provides energy to residential and business customers in Australia. The last earnings update was 73 days ago. More info.


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AGLX.Y Share Price and Events
7 Day Returns
-2.4%
OTCPK:AGLX.Y
-1.2%
US Integrated Utilities
0.2%
US Market
1 Year Returns
0.5%
OTCPK:AGLX.Y
14.7%
US Integrated Utilities
6.3%
US Market
AGLX.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AGL Energy (AGLX.Y) -2.4% -1.8% 2.2% 0.5% 12.1% 6%
US Integrated Utilities -1.2% -0.1% 8.8% 14.7% 24.8% 29.2%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • AGLX.Y underperformed the Integrated Utilities industry which returned 14.7% over the past year.
  • AGLX.Y underperformed the Market in United States of America which returned 6.3% over the past year.
Price Volatility
AGLX.Y
Industry
5yr Volatility vs Market

Value

 Is AGL Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of AGL Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for AGL Energy.

OTCPK:AGLX.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:AGLX.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Integrated Utilities Unlevered Beta Simply Wall St/ S&P Global 0.31
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.311 (1 + (1- 30%) (21.3%))
0.569
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for OTCPK:AGLX.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for AGL Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:AGLX.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 7.5%)
2019 776.80 Analyst x4 722.62
2020 1,005.69 Analyst x4 870.29
2021 964.64 Analyst x3 776.54
2022 944.38 Est @ -2.1% 707.21
2023 938.23 Est @ -0.65% 653.59
2024 941.64 Est @ 0.36% 610.22
2025 951.75 Est @ 1.07% 573.75
2026 966.69 Est @ 1.57% 542.11
2027 985.24 Est @ 1.92% 513.97
2028 1,006.53 Est @ 2.16% 488.46
Present value of next 10 years cash flows A$6,458.74
OTCPK:AGLX.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$1,006.53 × (1 + 2.73%) ÷ (7.5% – 2.73%)
A$21,686.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$21,686.52 ÷ (1 + 7.5%)10
A$10,524.13
OTCPK:AGLX.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$6,458.74 + A$10,524.13
A$16,982.87
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$16,982.87 / 655.83
A$25.9
OTCPK:AGLX.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:AGLX.Y represents 0.71042x of ASX:AGL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.71042x
Value per Share
(Listing Adjusted, USD)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 25.90 x 0.71042
$18.40
Value per share (USD) From above. $18.40
Current discount Discount to share price of $15.48
= -1 x ($15.48 - $18.40) / $18.40
15.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price AGL Energy is available for.
Intrinsic value
16%
Share price is $15.48 vs Future cash flow value of $18.4
Current Discount Checks
For AGL Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AGL Energy's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • AGL Energy's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for AGL Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AGL Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:AGLX.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$1.92
ASX:AGL Share Price ** ASX (2019-04-18) in AUD A$21.79
United States of America Integrated Utilities Industry PE Ratio Median Figure of 15 Publicly-Listed Integrated Utilities Companies 20.63x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of AGL Energy.

OTCPK:AGLX.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:AGL Share Price ÷ EPS (both in AUD)

= 21.79 ÷ 1.92

11.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AGL Energy is good value based on earnings compared to the US Integrated Utilities industry average.
  • AGL Energy is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does AGL Energy's expected growth come at a high price?
Raw Data
OTCPK:AGLX.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
1.4%per year
United States of America Integrated Utilities Industry PEG Ratio Median Figure of 13 Publicly-Listed Integrated Utilities Companies 3.15x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

OTCPK:AGLX.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.33x ÷ 1.4%

8.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AGL Energy is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on AGL Energy's assets?
Raw Data
OTCPK:AGLX.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$12.56
ASX:AGL Share Price * ASX (2019-04-18) in AUD A$21.79
United States of America Integrated Utilities Industry PB Ratio Median Figure of 17 Publicly-Listed Integrated Utilities Companies 2.19x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
OTCPK:AGLX.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:AGL Share Price ÷ Book Value per Share (both in AUD)

= 21.79 ÷ 12.56

1.73x

* Primary Listing of AGL Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AGL Energy is good value based on assets compared to the US Integrated Utilities industry average.
X
Value checks
We assess AGL Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Integrated Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Integrated Utilities industry average (and greater than 0)? (1 check)
  5. AGL Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is AGL Energy expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AGL Energy expected to grow at an attractive rate?
  • AGL Energy's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • AGL Energy's earnings growth is positive but not above the United States of America market average.
  • AGL Energy's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:AGLX.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:AGLX.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 1.4%
OTCPK:AGLX.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts -2.2%
United States of America Integrated Utilities Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
United States of America Integrated Utilities Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:AGLX.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:AGLX.Y Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 11,790 1,555 1
2022-06-30 12,214 1,601 1
2021-06-30 12,100 1,654 945 9
2020-06-30 13,009 1,704 1,020 11
2019-06-30 12,728 1,606 784 10
OTCPK:AGLX.Y Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 12,703 2,011 1,261
2018-09-30 12,760 2,073 1,424
2018-06-30 12,816 2,134 1,587
2018-03-31 12,910 1,680 1,206
2017-12-31 13,004 1,221 830
2017-09-30 12,794 1,056 685
2017-06-30 12,584 891 539
2017-03-31 12,082 945 453
2016-12-31 11,579 999 366
2016-09-30 11,365 1,093 -21
2016-06-30 11,150 1,186 -408
2016-03-31 11,123 1,150 -474

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AGL Energy's earnings are expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).
  • AGL Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:AGLX.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from AGL Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AGLX.Y Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30 1.43 1.62 1.22 6.00
2020-06-30 1.55 1.67 1.51 7.00
2019-06-30 1.19 1.20 1.16 5.00
OTCPK:AGLX.Y Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 1.92
2018-09-30 2.17
2018-06-30 2.42
2018-03-31 1.83
2017-12-31 1.26
2017-09-30 1.03
2017-06-30 0.81
2017-03-31 0.67
2016-12-31 0.54
2016-09-30 -0.03
2016-06-30 -0.60
2016-03-31 -0.70

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • AGL Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess AGL Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
AGL Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has AGL Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare AGL Energy's growth in the last year to its industry (Integrated Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • AGL Energy has delivered over 20% year on year earnings growth in the past 5 years.
  • AGL Energy's 1-year earnings growth exceeds its 5-year average (51.9% vs 32.7%)
  • AGL Energy's earnings growth has exceeded the US Integrated Utilities industry average in the past year (51.9% vs -1.2%).
Earnings and Revenue History
AGL Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from AGL Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AGLX.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 12,703.00 1,261.00 1,018.00
2018-09-30 12,759.50 1,424.00 1,022.00
2018-06-30 12,816.00 1,587.00 1,026.00
2018-03-31 12,910.00 1,205.50 970.50
2017-12-31 13,004.00 830.00 923.00
2017-09-30 12,794.00 684.50 905.00
2017-06-30 12,584.00 539.00 887.00
2017-03-31 12,081.50 452.50 884.00
2016-12-31 11,579.00 366.00 881.00
2016-09-30 11,364.50 -21.00 888.50
2016-06-30 11,150.00 -408.00 896.00
2016-03-31 11,123.00 -473.50 906.50
2015-12-31 11,096.00 -539.00 917.00
2015-09-30 10,887.00 -160.50 901.50
2015-06-30 10,678.00 218.00 886.00
2015-03-31 10,509.50 417.50 817.50
2014-12-31 10,341.00 617.00 749.00
2014-09-30 10,393.00 593.50 738.00
2014-06-30 10,445.00 570.00 727.00
2014-03-31 10,239.00 424.00 757.00
2013-12-31 10,033.00 278.00 787.00
2013-09-30 9,874.50 326.50 785.00
2013-06-30 9,716.00 375.00 783.00
2013-03-31 9,263.15 365.45 752.75
2012-12-31 8,810.30 355.90 722.50
2012-09-30 8,132.95 235.40 660.00
2012-06-30 7,455.60 114.90 597.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • AGL Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • AGL Energy used its assets more efficiently than the US Integrated Utilities industry average last year based on Return on Assets.
  • AGL Energy has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess AGL Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Integrated Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
AGL Energy has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is AGL Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up AGL Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AGL Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AGL Energy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AGL Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from AGL Energy Company Filings, last reported 3 months ago.

OTCPK:AGLX.Y Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8,238.00 3,044.00 428.00
2018-09-30 8,238.00 3,044.00 428.00
2018-06-30 8,390.00 2,943.00 463.00
2018-03-31 8,390.00 2,943.00 463.00
2017-12-31 7,836.00 2,950.00 83.00
2017-09-30 7,836.00 2,950.00 83.00
2017-06-30 7,574.00 3,463.00 156.00
2017-03-31 7,574.00 3,463.00 156.00
2016-12-31 8,083.00 3,698.00 969.00
2016-09-30 8,083.00 3,698.00 969.00
2016-06-30 7,926.00 3,210.00 254.00
2016-03-31 7,926.00 3,210.00 254.00
2015-12-31 8,136.00 3,129.00 106.00
2015-09-30 8,136.00 3,129.00 106.00
2015-06-30 8,815.00 3,961.00 261.00
2015-03-31 8,815.00 3,961.00 261.00
2014-12-31 8,968.00 3,686.00 385.00
2014-09-30 8,968.00 3,686.00 385.00
2014-06-30 7,588.00 3,799.00 457.00
2014-03-31 7,588.00 3,799.00 457.00
2013-12-31 7,512.00 3,239.00 570.00
2013-09-30 7,512.00 3,239.00 570.00
2013-06-30 7,340.00 3,179.00 281.00
2013-03-31 7,340.00 3,179.00 281.00
2012-12-31 7,353.80 3,253.90 654.70
2012-09-30 7,353.80 3,253.90 654.70
2012-06-30 7,132.90 4,506.00 1,812.90
  • AGL Energy's level of debt (37%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (43.2% vs 37% today).
  • Debt is well covered by operating cash flow (66.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.8x coverage).
X
Financial health checks
We assess AGL Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. AGL Energy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is AGL Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.42%
Current annual income from AGL Energy dividends. Estimated to be 5.29% next year.
If you bought $2,000 of AGL Energy shares you are expected to receive $108 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • AGL Energy's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • AGL Energy's dividend is above the markets top 25% of dividend payers in United States of America (3.62%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:AGLX.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
United States of America Integrated Utilities Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 3.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:AGLX.Y Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 1.06 2.00
2022-06-30 1.07 2.00
2021-06-30 1.12 11.00
2020-06-30 1.19 12.00
2019-06-30 1.18 12.00
OTCPK:AGLX.Y Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-06 1.180 5.434
2018-08-08 1.260 6.392
2018-02-07 1.080 4.983
2017-08-09 1.000 4.136
2016-08-09 0.680 3.034
2015-08-11 0.640 3.596
2014-08-19 0.630 4.341
2013-08-27 0.630 4.125
2013-02-26 0.620 4.136
2012-08-21 0.610 4.099
2012-02-24 0.600 4.028
2011-08-25 0.600 4.130
2011-02-23 0.590 4.140
2010-08-26 0.590 3.788
2009-08-20 0.540 3.768
2009-04-21 0.530 3.735

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of AGL Energy's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess AGL Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can AGL Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AGL Energy has a total score of 6/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of AGL Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brett Redman
COMPENSATION A$1,945,758
TENURE AS CEO 0.7 years
CEO Bio

Mr. Brett Redman, BCom, FCA, GAICD has been Chief Executive Officer and Managing Director of AGL Energy Limited since January 1, 2019. He was an Interim Chief Executive Officer at AGL Energy Limited since August 24, 2018 until January 1, 2019. Mr. Redman has over 25 years of experience in senior Finance roles in large blue chip industrial companies, with expertise in leading group strategy and Finance in the Energy and Utilities sector. Mr. Redman served as the Chief Financial Officer of AGL Energy Limited from November 14, 2012 to August 24, 2018 and served as its Head of Group Strategy & Finance. He was responsible for driving AGL’s key priority - to execute growth at scale as the business seeks new revenue streams. He joined AGL in 2007 and served as Chairman of GEAC until its acquisition by AGL. He held numerous Finance roles at BOC in the South Pacific and North America, Email and CSR, which was complemented by his background in chartered accounting at Deloitte. He also has a background in chartered accounting firms. Mr. Redman has been the Chairman of Australian Power and Gas Company Limited since September 2013 and its Non-Executive Director since September 16, 2013. He serves as a Director of AGL Loy Yang Projects Pty Ltd., and AGL Loy Yang Pty. Ltd.

CEO Compensation
  • Brett's compensation has been consistent with company performance over the past year.
  • Brett's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the AGL Energy management team in years:

1.8
Average Tenure
  • The average tenure for the AGL Energy management team is less than 2 years, this suggests a new team.
Management Team

Brett Redman

TITLE
MD & CEO
COMPENSATION
A$2M
TENURE
0.7 yrs

Doug Jackson

TITLE
Executive General Manager of Group Operations
COMPENSATION
A$2M
TENURE
3.4 yrs

Richard Wrightson

TITLE
Executive General Manager of Wholesale Markets
COMPENSATION
A$1M
TENURE
1.8 yrs

Damien Nicks

TITLE
Interim CFO & GM of Group Commercial Finance
TENURE
0.7 yrs

Simon Moorfield

TITLE
Executive General Manager of Information Systems & Technology
TENURE
1.8 yrs

Chris Kotsaris

TITLE
Senior Manager of Investor Relations

John Fitzgerald

TITLE
General Counsel & Company Secretary
TENURE
11.3 yrs

Mike Duffy

TITLE
Group Manager of Media Relations

Kellie Benda

TITLE
General Manager of Sales
AGE
50

Andrew Scannell

TITLE
Head of Media
Board of Directors Tenure

Average tenure and age of the AGL Energy board of directors in years:

2.8
Average Tenure
62
Average Age
  • The average tenure for the AGL Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Graeme Hunt

TITLE
Chairman
COMPENSATION
A$481K
AGE
61
TENURE
1.6 yrs

John Stanhope

TITLE
Independent Non-Executive Director
COMPENSATION
A$264K
AGE
67
TENURE
10.1 yrs

Jacquie Hey

TITLE
Independent Non-Executive Director
COMPENSATION
A$251K
AGE
52
TENURE
3.1 yrs

Diane Smith-Gander

TITLE
Independent Non-Executive Director
COMPENSATION
A$245K
AGE
60
TENURE
2.6 yrs

Les Hosking

TITLE
Independent Non-Executive Director
COMPENSATION
A$245K
AGE
73
TENURE
10.4 yrs

Peter Botten

TITLE
Independent Non-Executive Director
COMPENSATION
A$211K
AGE
63
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess AGL Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. AGL Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

AGL Energy Limited provides energy to residential and business customers in Australia. The company operates in four segments: Customer Markets, Wholesale Markets, Group Operations, and Investments segments. It is involved in generating electricity through thermal, hydro, wind, and solar power generation plants; gas storage activities; and the retail sale of electricity, gas, solar, and energy products and services. The company operates electricity generation portfolio of 10,245 megawatts; the Newcastle gas storage facility in New South Wales; the Silver Springs underground gas storage facility in Queensland; natural gas production assets at Camden in New South Wales; and the North Queensland gas assets. It serves 3.6 million customer accounts. AGL Energy Limited was founded in 1837 and is based in Sydney, Australia.

Details
Name: AGL Energy Limited
AGLX.Y
Exchange: OTCPK
Founded: 1837
A$10,216,935,502
655,825,043
Website: http://www.agl.com.au
Address: AGL Energy Limited
200 George Street,
Level 24,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX AGL Ordinary Shares Australian Securities Exchange AU AUD 12. Oct 2006
OTCPK AGLN.F Ordinary Shares Pink Sheets LLC US USD 12. Oct 2006
DB N9Z1 Ordinary Shares Deutsche Boerse AG DE EUR 12. Oct 2006
CHIA AGL Ordinary Shares Chi-X Australia AU AUD 12. Oct 2006
OTCPK AGLX.Y SPONSORED ADS Pink Sheets LLC US USD 23. Jun 2008
Number of employees
Current staff
Staff numbers
3,714
AGL Energy employees.
Industry
Multi-Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 00:05
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/02/06
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.