ALLETE Inc
NYSE:ALE
Intrinsic Value
The intrinsic value of one
ALE
stock under the Base Case scenario is
80.8
USD.
Compared to the current market price of 63.3 USD,
ALLETE Inc
is
Undervalued by 22%.
The Intrinsic Value is calculated as the average of the two valuation methods:
Fundamental Analysis
ALE Profitability Score
Profitability Due Diligence
There is not enough data to calculate the Profitability Score for ALLETE Inc.
Score
ALE Solvency Score
Solvency Due Diligence
There is not enough data to calculate the solvency score for ALLETE Inc.
Score
Balance Sheet Decomposition
ALLETE Inc
| Current Assets | 718M |
| Cash & Short-Term Investments | 36.4M |
| Receivables | 138M |
| Other Current Assets | 544M |
| Non-Current Assets | 6.1B |
| Long-Term Investments | 323M |
| PP&E | 5B |
| Intangibles | 156M |
| Other Non-Current Assets | 614M |
| Current Liabilities | 716M |
| Accounts Payable | 103M |
| Accrued Liabilities | 23.7M |
| Other Current Liabilities | 590M |
| Non-Current Liabilities | 3.4B |
| Long-Term Debt | 1.6B |
| Other Non-Current Liabilities | 1.8B |
ALE Capital Structure
ALLETE Inc
| Market Capitalization | 3.6B USD | |
| Total Debt | 1.6B USD | |
| Minority Interest | 656M USD | |
| Preferred Equity | 0 USD | |
| Cash and Equivalents | 36.4M USD | |
| Short-Term Investments | 0 USD | |
| Enterprise Value | 5.9B USD | |
Wall St
Price Targets
ALE Price Targets Summary
ALLETE Inc
According to Wall Street analysts, the average 1-year price target for
ALE
is 67.15 USD
with a low forecast of 54.54 USD and a high forecast of 84 USD.
Ownership
ALE Insider Trading
Buy and sell transactions by insiders
During the last 12 months ALLETE Inc insiders have not bought any shares, and have not sold any shares. The last transaction was made on Mar 25, 2023 by Jimmerson Heidi E (Director), who sold 226k USD worth of ALE shares.
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
N/A
|
N/A
|
N/A |
| 6 Months |
N/A
|
N/A
|
N/A |
| 9 Months |
N/A
|
N/A
|
N/A |
| 12 Months |
N/A
|
N/A
|
N/A |
Shareholder Return
ALE Return Decomposition
Main factors of price return
Market capitalization of
ALE
shares
increased
by
17.35%
over the past 5 years.
The primary factor behind the change was
an increase
in revenue growth from
1.4B
to
1.6B, leading to a
growth
in the market capitalization of ALLETE Inc by 11.41%.
Market capitalization of
ALE
shares
increased
by
17.35%
over the past 5 years.
The primary factor behind the change was
an increase
in revenue growth from
1.4B
to
1.6B, leading to a
growth
in the market capitalization of ALLETE Inc by 11.41%.
ALE Price
ALLETE Inc
| Average Annual Return | 2.58% |
| Standard Deviation of Annual Returns | 15.61% |
| Max Drawdown | -42% |
| Market Capitalization | 3.6B USD |
| Shares Outstanding | 57 252 900 |
| Percentage of Shares Shorted | 2.06% |
Company Profile
ALLETE Inc
Country
Industry
Market Cap
Dividend Yield
Description
ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,340 full-time employees. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy is focused on developing, acquiring, and operating clean and renewable energy projects. In addition, ALLETE Clean Energy segment has approximately 200 megawatts of wind energy facilities. ALLETE Clean Energy also engages in the development of wind energy facilities to operate under long-term power sales agreements (PSAs).
Contact
IPO
Employees
Officers
The intrinsic value of one
ALE
stock under the Base Case scenario is
80.8
USD.
Compared to the current market price of 63.3 USD,
ALLETE Inc
is
Undervalued by 22%.
