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ALLETE Inc
NYSE:ALE

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ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
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Price: 59.8 USD -0.27% Market Closed
Updated: Apr 24, 2024

ROCE
Return on Capital Employed

2.9%
Current
3%
Average
6.1%
Industry
Positive for the last year
2.9%
Positive average
3%
Worse than average
Worse than industry value

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
2.9%
=
EBIT
180.9m
/
Capital Employed
6.3B

ROCE Across Competitors

ROCE Comparison
ALLETE Inc Competitors

Country Company Market Cap ROCE
US
ALLETE Inc
NYSE:ALE
3.4B USD
3%
US
Nextera Energy Inc
NYSE:NEE
135.8B USD
7%
US
Southern Co
NYSE:SO
80.5B USD
5%
ES
Iberdrola SA
MAD:IBE
72.6B EUR
7%
US
Duke Energy Corp
NYSE:DUK
75.7B USD
4%
IT
Enel SpA
MIL:ENEL
62.2B EUR
10%
US
Constellation Energy Corp
NASDAQ:CEG
59.7B USD
4%
FR
Electricite de France SA
PAR:EDF
46.6B EUR
-7%
DK
Oersted A/S
SWB:D2G
46.5B EUR
6%
US
American Electric Power Company Inc
NASDAQ:AEP
45B USD
5%
US
PG&E Corp
NYSE:PCG
44.3B USD
3%
ALLETE Inc
NYSE:ALE
Country US
Market Cap 3.4B USD
ROCE
3%
Nextera Energy Inc
NYSE:NEE
Country US
Market Cap 135.8B USD
ROCE
7%
Southern Co
NYSE:SO
Country US
Market Cap 80.5B USD
ROCE
5%
Iberdrola SA
MAD:IBE
Country ES
Market Cap 72.6B EUR
ROCE
7%
Duke Energy Corp
NYSE:DUK
Country US
Market Cap 75.7B USD
ROCE
4%
Enel SpA
MIL:ENEL
Country IT
Market Cap 62.2B EUR
ROCE
10%
Constellation Energy Corp
NASDAQ:CEG
Country US
Market Cap 59.7B USD
ROCE
4%
Electricite de France SA
PAR:EDF
Country FR
Market Cap 46.6B EUR
ROCE
-7%
O
Oersted A/S
SWB:D2G
Country DK
Market Cap 46.5B EUR
ROCE
6%
American Electric Power Company Inc
NASDAQ:AEP
Country US
Market Cap 45B USD
ROCE
5%
PG&E Corp
NYSE:PCG
Country US
Market Cap 44.3B USD
ROCE
3%

Profitability Report

View the profitability report to see the full profitability analysis for ALLETE Inc.

Full Profitability Report

See Also

Summary
ALE intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALE stock valuation using valuation multiples.
Wall Street Estimates
ALE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ALE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
What is Return on Capital Employed?

ROCE, or Return on Capital Employed, is a financial ratio that measures a company’s profitability in relation to the capital it employs.

ROCE
2.9%
=
EBIT
180.9m
/
Capital Employed
6.3B
What is the ROCE of ALLETE Inc?

Based on ALLETE Inc's most recent financial statements, the company has ROCE of 2.9%.

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