ALLETE Inc
NYSE:ALE

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ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
Watchlist
Price: 65.49 USD -0.27%
Market Cap: 3.8B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ALE stock under the Base Case scenario is 108.09 USD. Compared to the current market price of 65.49 USD, ALLETE Inc is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ALE Relative Value
Base Case
108.09 USD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
7
vs Industry
33
Median 3Y
2.1
Median 5Y
2.1
Industry
1.7
Forward
2.4
More Details
21.1
P/E
P/E
Price to Earnings
21.1
vs History
3
vs Industry
24
Median 3Y
16.3
Median 5Y
16.4
Industry
14.9
Forward
16.9
More Details
8.3
P/OCF
P/OCF
Price to OCF
8.3
vs History
65
vs Industry
33
Median 3Y
8.4
Median 5Y
9.1
Industry
6.8
More Details
98.5
P/FCFE
P/FCFE
Price to FCFE
98.5
vs History
9
vs Industry
4
Median 3Y
29
Median 5Y
-8.7
Industry
14
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
7
vs Industry
47
Median 3Y
1.2
Median 5Y
1.2
Industry
1.4
More Details
3.6
EV/S
EV/S
Enterprise Value to Sales
3.6
vs History
17
vs Industry
38
Median 3Y
3.1
Median 5Y
3.2
Industry
2.8
Forward
3.5
More Details
3.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.9
vs History
11
vs Industry
69
Median 3Y
3.5
Median 5Y
3.5
Industry
7.4
More Details
12.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.5
vs History
23
vs Industry
31
Median 3Y
11.3
Median 5Y
11.5
Industry
10.3
Forward
11.4
More Details
34.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
34.1
vs History
26
vs Industry
11
Median 3Y
29.5
Median 5Y
29.5
Industry
14.9
Forward
28.9
More Details
12
EV/OCF
EV/OCF
Enterprise Value to OCF
12
vs History
71
vs Industry
37
Median 3Y
12.3
Median 5Y
14.2
Industry
10.8
More Details
53.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
53.5
vs History
12
vs Industry
10
Median 3Y
17.6
Median 5Y
-7.7
Industry
16.9
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
3
vs Industry
50
Median 3Y
0.8
Median 5Y
0.7
Industry
0.9
More Details

Multiples Across Competitors

ALE Competitors Multiples
ALLETE Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ALLETE Inc
NYSE:ALE
3.8B USD 2.5 21.1 12.5 34.1
US
Nextera Energy Inc
NYSE:NEE
140.7B USD 5.6 25.5 16.5 29.8
ES
Iberdrola SA
MAD:IBE
97.4B EUR 2.2 17.3 7.5 12.3
US
Southern Co
NYSE:SO
99.3B USD 3.6 21.5 12.5 21.7
US
Duke Energy Corp
NYSE:DUK
93.1B USD 3.1 21.2 12 21.8
IT
Enel SpA
MIL:ENEL
78.6B EUR 1.1 11.2 6.3 9.8
US
Constellation Energy Corp
NASDAQ:CEG
84.7B USD 3.6 22.6 12.8 20.8
US
American Electric Power Company Inc
NASDAQ:AEP
55.6B USD 2.8 18.7 12.4 21.8
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
45.5B USD 1.9 16.8 10.9 19.3
US
Xcel Energy Inc
NASDAQ:XEL
40.5B USD 3 21 13 29.2
P/E Multiple
Earnings Growth PEG
US
ALLETE Inc
NYSE:ALE
Average P/E: 19.7
21.1
15%
1.4
US
Nextera Energy Inc
NYSE:NEE
25.5
9%
2.8
ES
Iberdrola SA
MAD:IBE
17.3
7%
2.5
US
Southern Co
NYSE:SO
21.5
8%
2.7
US
Duke Energy Corp
NYSE:DUK
21.2
8%
2.6
IT
Enel SpA
MIL:ENEL
11.2
2%
5.6
US
Constellation Energy Corp
NASDAQ:CEG
22.6
0%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
18.7
7%
2.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Exelon Corp
NASDAQ:EXC
16.8
8%
2.1
US
Xcel Energy Inc
NASDAQ:XEL
21
10%
2.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
ALLETE Inc
NYSE:ALE
Average EV/EBITDA: 11.6
12.5
15%
0.8
US
Nextera Energy Inc
NYSE:NEE
16.5
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.5
0%
N/A
US
Southern Co
NYSE:SO
12.5
7%
1.8
US
Duke Energy Corp
NYSE:DUK
12
7%
1.7
IT
Enel SpA
MIL:ENEL
6.3
7%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
12.8
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.4
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
10.9
9%
1.2
US
Xcel Energy Inc
NASDAQ:XEL
13
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ALLETE Inc
NYSE:ALE
Average EV/EBIT: 22.1
34.1
25%
1.4
US
Nextera Energy Inc
NYSE:NEE
29.8
23%
1.3
ES
Iberdrola SA
MAD:IBE
12.3
2%
6.2
US
Southern Co
NYSE:SO
21.7
8%
2.7
US
Duke Energy Corp
NYSE:DUK
21.8
10%
2.2
IT
Enel SpA
MIL:ENEL
9.8
7%
1.4
US
Constellation Energy Corp
NASDAQ:CEG
20.8
4%
5.2
US
American Electric Power Company Inc
NASDAQ:AEP
21.8
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
19.3
10%
1.9
US
Xcel Energy Inc
NASDAQ:XEL
29.2
22%
1.3

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
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