OTCPK:APTL

Stock Analysis Report

Alaska Power & Telephone

Executive Summary

Alaska Power & Telephone Company, through its subsidiaries, provides regulated electric and telephone services in rural portions of Alaska.

Snowflake

Fundamentals

Adequate balance sheet and fair value.

Share Price & News

How has Alaska Power & Telephone's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

APTL

-2.1%

US Electric Utilities

1.3%

US Market


1 Year Return

24.6%

APTL

18.7%

US Electric Utilities

5.9%

US Market

Return vs Industry: APTL exceeded the US Electric Utilities industry which returned 18.7% over the past year.

Return vs Market: APTL exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

APTLIndustryMarket
7 Day0%-2.1%1.3%
30 Day22.9%1.2%-1.9%
90 Day25.0%4.5%-1.8%
1 Year28.5%24.6%22.6%18.7%8.3%5.9%
3 Year200.9%171.7%44.0%29.6%45.6%36.2%
5 Year269.5%212.5%73.8%44.1%66.1%47.9%

Price Volatility Vs. Market

How volatile is Alaska Power & Telephone's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Alaska Power & Telephone undervalued compared to its fair value and its price relative to the market?

14.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: APTL ($75) is trading above our estimate of fair value ($39.01)

Significantly Undervalued: APTL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: APTL is good value based on its PE Ratio (15x) compared to the Electric Utilities industry average (23.4x).

PE vs Market: APTL is good value based on its PE Ratio (15x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate APTL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: APTL is good value based on its PB Ratio (1.8x) compared to the US Electric Utilities industry average (2.3x).


Next Steps

Future Growth

How is Alaska Power & Telephone forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APTL's forecast earnings growth (1.6% per year) is below the savings rate (2.7%).

Earnings vs Market: APTL's earnings (1.6% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: APTL's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if APTL's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if APTL's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if APTL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Alaska Power & Telephone performed over the past 5 years?

30.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: APTL's earnings have grown significantly by 30.8% per year over the past 5 years.

Accelerating Growth: APTL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: APTL had negative earnings growth (-36.8%) over the past year, making it difficult to compare to the Electric Utilities industry average (4.2%).


Return on Equity

High ROE: APTL's Return on Equity (12.3%) is considered low.


Return on Assets

ROA vs Industry: APTL has a higher Return on Assets than the Electric Utilities industry average last year.


Return on Capital Employed

ROCE Improving: APTL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Alaska Power & Telephone's financial position?


Financial Position Analysis

Short Term Liabilities: APTL's short term assets ($15.6M) exceeds its short term liabilities ($14.1M)

Long Term Liabilities: APTL's short term assets (15.6M) do not cover its long term liabilities (57.7M)


Debt to Equity History and Analysis

Debt Level: APTL's debt to equity ratio (94.2%) is considered high

Reducing Debt: APTL's debt to equity ratio has reduced from 180.6% to 94.2% over the past 5 years.

Debt Coverage: APTL's debt is well covered by operating cash flow (32.7%).

Interest Coverage: APTL's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet

Inventory Level: APTL has a high level of physical assets or inventory.

Debt Coverage by Assets: APTL's debt is not covered by short term assets (assets are 0.3x debt).


Next Steps

Dividend

What is Alaska Power & Telephone's current dividend yield, its reliability and sustainability?

2.48%

Current Dividend Yield


Dividend Yield vs Market

company2.5%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: APTL's dividend (2.48%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: APTL's dividend (2.48%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: Whilst dividend payments have been stable, APTL has been paying a dividend for less than 10 years.

Growing Dividend: APTL's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.1%), APTL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Alaska Power & Telephone's salary, the management and board of directors tenure and is there insider trading?

1.0yrs

Average management tenure


CEO

Mike Garrett 0

2.8yrs

Tenure

0

Mr. Michael Garrett CPA, also known as Mike serves as the President, Treasurer and Secretary at Alaska Telephone Company. Mr. Garrett has been the Chief Executive Officer at Alaska Power & Telephone Co sin ...


Management Age and Tenure

1.0yrs

Average Tenure

Experienced Management: APTL's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Age and Tenure

12.5yrs

Average Tenure

Experienced Board: APTL's board of directors are seasoned and experienced ( 12.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Vern Neitzer

    Chief Engineer & VP

    • Tenure: 0yrs
  • Mark McCready

    Director of Marketing

    • Tenure: 0yrs
  • Mary Jo Quandt

    VP & Chief Customer Officer

    • Tenure: 1yrs
  • Chad Haggar

    CFO, VP & Treasurer

    • Tenure: 0yrs
  • Mike Garrett

    President

    • Tenure: 2.8yrs
  • Tom Ervin

    Executive VP

    • Tenure: 12.5yrs
  • Ashley Nelson

    Corporate Secretary

    • Tenure: 0yrs

Board Members

  • Mike Garrett

    President

    • Tenure: 2.8yrs
  • Mark Foster

    Director

    • Tenure: 16.1yrs
  • Tom Ervin

    Executive VP

    • Tenure: 12.5yrs
  • Mike Barry

    Chairman

    • Tenure: 0yrs
  • Bob Engel (65yo)

    Independent Director

    • Tenure: 2.3yrs

Company Information

Alaska Power & Telephone Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alaska Power & Telephone Company
  • Ticker: APTL
  • Exchange: OTCPK
  • Founded: 1957
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$96.162m
  • Shares outstanding: 1.28m
  • Website: https://www.aptalaska.com

Location

  • Alaska Power & Telephone Company
  • 193 Otto Street
  • PO Box 3222
  • Port Townsend
  • Washington
  • 98368
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APTLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1990

Biography

Alaska Power & Telephone Company, through its subsidiaries, provides regulated electric and telephone services in rural portions of Alaska. It operates through Electric and Telecommunications segments. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:30
End of Day Share Price2019/10/10 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.