Atco Ltd
TSX:ACO.X

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Atco Ltd
TSX:ACO.X
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Price: 51.01 CAD 0.39% Market Closed
Market Cap: 5.7B CAD

Relative Value

The Relative Value of one ACO.X stock under the Base Case scenario is 148.96 CAD. Compared to the current market price of 51.01 CAD, Atco Ltd is Undervalued by 66%.

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.

ACO.X Relative Value
Base Case
148.96 CAD
Undervaluation 66%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
57
Median 3Y
1
Median 5Y
1
Industry
1.7
Forward
1
vs History
50
vs Industry
44
Median 3Y
12.4
Median 5Y
13
Industry
15.1
Forward
11.5
vs History
23
vs Industry
71
Median 3Y
2.2
Median 5Y
2.3
Industry
7.2
vs History
57
vs Industry
32
Median 3Y
7.7
Median 5Y
7.7
Industry
14.4
vs History
9
vs Industry
52
Median 3Y
1.1
Median 5Y
1.1
Industry
1.4
vs History
9
vs Industry
39
Median 3Y
3
Median 5Y
3.1
Industry
2.8
Forward
3
vs History
1
vs Industry
66
Median 3Y
3.9
Median 5Y
3.9
Industry
7.9
vs History
19
vs Industry
52
Median 3Y
7.2
Median 5Y
7.5
Industry
10.6
Forward
6.7
vs History
25
vs Industry
43
Median 3Y
12.1
Median 5Y
12.5
Industry
15.1
Forward
35.1
vs History
31
vs Industry
57
Median 3Y
7
Median 5Y
7
Industry
11.1
vs History
1
vs Industry
13
Median 3Y
30.9
Median 5Y
25.2
Industry
17.4
vs History
1
vs Industry
66
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9

Multiples Across Competitors

ACO.X Competitors Multiples
Atco Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Atco Ltd
TSX:ACO.X
5.7B CAD 1.1 13.1 8.3 13.9
UK
National Grid PLC
LSE:NG
51.1B GBP 2.8 17.6 11.3 16.7
FR
Engie SA
PAR:ENGI
45.9B EUR 0.6 9.3 5 7.6
US
Sempra Energy
NYSE:SRE
53B USD 4 19.8 16.2 29.7
US
Dominion Energy Inc
NYSE:D
52.2B USD 3.4 23.4 13.5 21.2
US
Sempra
VSE:SREN
43.4B EUR 3.8 18.9 15.7 28.9
DE
E.ON SE
XETRA:EOAN
41.2B EUR 0.5 9.2 6.1 9
US
Public Service Enterprise Group Inc
NYSE:PEG
42.6B USD 3.8 21.5 15.7 24
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
Consolidated Edison Inc
NYSE:ED
36.3B USD 2.3 19.2 12.3 21.9
US
WEC Energy Group Inc
NYSE:WEC
34.6B USD 3.7 20.8 14.1 22.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Atco Ltd
TSX:ACO.X
Average EV/EBITDA: 11.6
8.3
13%
0.6
UK
National Grid PLC
LSE:NG
11.3
10%
1.1
FR
Engie SA
PAR:ENGI
5
0%
N/A
US
Sempra Energy
NYSE:SRE
16.2
8%
2
US
Dominion Energy Inc
NYSE:D
13.5
13%
1
US
S
Sempra
VSE:SREN
15.7
8%
2
DE
E.ON SE
XETRA:EOAN
6.1
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
15.7
13%
1.2
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
Consolidated Edison Inc
NYSE:ED
12.3
13%
0.9
US
WEC Energy Group Inc
NYSE:WEC
14.1
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Atco Ltd
TSX:ACO.X
Average EV/EBIT: 21
13.9
N/A N/A
UK
National Grid PLC
LSE:NG
16.7
12%
1.4
FR
Engie SA
PAR:ENGI
7.6
1%
7.6
US
Sempra Energy
NYSE:SRE
29.7
11%
2.7
US
Dominion Energy Inc
NYSE:D
21.2
17%
1.2
US
S
Sempra
VSE:SREN
28.9
11%
2.6
DE
E.ON SE
XETRA:EOAN
9
-11%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
24
17%
1.4
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
Consolidated Edison Inc
NYSE:ED
21.9
15%
1.5
US
WEC Energy Group Inc
NYSE:WEC
22.6
13%
1.7