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ALLETE Inc (NYSE:ALE)

57.75 USD +0.35 USD ( +0.61% )
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ALLETE Inc
NYSE:ALE
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EV/EBIT
Enterprise Value to EBIT

The Enterprise Value to EBIT (EV/EBIT) ratio is a valuation multiple that compares the value of a company, debt included, to the company’s earnings before interest and taxes (EBIT). Considered one of the most frequently used multiples for comparisons among companies, the EV/EBIT multiple relies on operating income as the core driver of valuation.

EV/EBIT
=
Enterprise Value
/
EBIT
Current EV/EBIT
ALE
28.8
Median EV/EBIT
ALE
29
Industry EV/EBIT
Utilities
15.2

EV/EBIT History

Statistics
Enterprise Value to EBIT

1 Year 3 Years 5 Years
Average 33.3 29.4 26.5
Median 33.6 29 25.9
Min 29 21.6 18.1
Max 37.2 37.6 37.6

History Chart
Enterprise Value to EBIT

EV/EBIT Forward Multiples

Forward EV/EBIT multiple is a version of the EV/EBIT ratio that uses forecasted EBIT for the EV/EBIT calculation. 1-Year, 2-Years, and 3-Years forwards use EBIT forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
EV/EBIT
24.7
2-Years Forward
EV/EBIT
21.3
3-Years Forward
EV/EBIT
20.2

EV/EBIT Across Competitors

ALE Competitors
ALLETE Inc Competitors

Country Company Market Cap EV/EBIT
US
ALLETE Inc
NYSE:ALE
3.1B USD 28.8
US
Nextera Energy Inc
NYSE:NEE
153B USD 148.9
US
Duke Energy Corp
NYSE:DUK
80.5B USD 25.2
US
Southern Co
NYSE:SO
74.2B USD 25.3
ES
Iberdrola SA
OTC:IBDSF
67.3B USD 12.7
IT
Enel SpA
OTC:ENLAY
57.7B USD 10.4

Relative Valuation Report

View full relative valuation report for ALLETE Inc, which takes into account all ALE`s valuation multiples.

See Also

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