Atco Ltd
TSX:ACO.X

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Atco Ltd
TSX:ACO.X
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Price: 50.48 CAD -0.28% Market Closed
Market Cap: 5.7B CAD

Relative Value

The Relative Value of one ACO.X stock under the Base Case scenario is 147.01 CAD. Compared to the current market price of 50.48 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
147.01 CAD
Undervaluation 66%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
9
vs Industry
57
Median 3Y
1
Median 5Y
1
Industry
1.7
Forward
1
vs History
44
vs Industry
44
Median 3Y
12.4
Median 5Y
13.2
Industry
14.8
Forward
11.4
vs History
38
vs Industry
71
Median 3Y
2.2
Median 5Y
2.3
Industry
7
vs History
41
vs Industry
32
Median 3Y
8.2
Median 5Y
7.7
Industry
14
vs History
7
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
Industry
2.8
Forward
2.9
vs History
4
vs Industry
66
Median 3Y
3.8
Median 5Y
3.9
Industry
7.7
vs History
9
vs Industry
52
Median 3Y
7.2
Median 5Y
7.3
Industry
10.3
Forward
6.6
vs History
20
vs Industry
43
Median 3Y
12.1
Median 5Y
12.2
Industry
14.9
Forward
34.5
vs History
47
vs Industry
57
Median 3Y
7
Median 5Y
7
Industry
10.8
vs History
22
vs Industry
13
Median 3Y
30
Median 5Y
25
Industry
16.5
vs History
4
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 13.3 8.4 14.2
UK
National Grid PLC
LSE:NG
50.8B GBP 2.8 17.5 12.6 18.4
FR
Engie SA
PAR:ENGI
46.4B EUR 0.6 11.5 5.2 8.7
US
Sempra Energy
NYSE:SRE
50.1B USD 3.8 17.1 15.2 27.7
US
Sempra
VSE:SREN
43.4B EUR 3.7 17 15.1 27.6
US
Dominion Energy Inc
NYSE:D
47.6B USD 3.2 23.5 13.4 21
DE
E.ON SE
XETRA:EOAN
40.1B EUR 0.5 9 6 8.9
US
Public Service Enterprise Group Inc
NYSE:PEG
40B USD 3.7 21.9 15.5 24.3
US
Consolidated Edison Inc
NYSE:ED
36.6B USD 2.3 19.3 12.4 22
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
WEC Energy Group Inc
NYSE:WEC
33.7B USD 3.7 20.7 14 22.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Atco Ltd
TSX:ACO.X
Average EV/EBITDA: 11.6
8.4
13%
0.6
UK
National Grid PLC
LSE:NG
12.6
15%
0.8
FR
Engie SA
PAR:ENGI
5.2
0%
N/A
US
Sempra Energy
NYSE:SRE
15.2
9%
1.7
US
S
Sempra
VSE:SREN
15.1
9%
1.7
US
Dominion Energy Inc
NYSE:D
13.4
14%
1
DE
E.ON SE
XETRA:EOAN
6
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
15.5
13%
1.2
US
Consolidated Edison Inc
NYSE:ED
12.4
13%
1
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
WEC Energy Group Inc
NYSE:WEC
14
11%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Atco Ltd
TSX:ACO.X
Average EV/EBIT: 20.9
14.2
N/A N/A
UK
National Grid PLC
LSE:NG
18.4
16%
1.1
FR
Engie SA
PAR:ENGI
8.7
1%
8.7
US
Sempra Energy
NYSE:SRE
27.7
12%
2.3
US
S
Sempra
VSE:SREN
27.6
12%
2.3
US
Dominion Energy Inc
NYSE:D
21
19%
1.1
DE
E.ON SE
XETRA:EOAN
8.9
-11%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
24.3
16%
1.5
US
Consolidated Edison Inc
NYSE:ED
22
15%
1.5
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
WEC Energy Group Inc
NYSE:WEC
22.3
11%
2