Atco Ltd
TSX:ACO.X

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Atco Ltd
TSX:ACO.X
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Price: 50.7 CAD 0.74% Market Closed
Market Cap: 5.7B CAD

Relative Value

The Relative Value of one ACO.X stock under the Base Case scenario is 144.75 CAD. Compared to the current market price of 50.7 CAD, Atco Ltd is Undervalued by 65%.

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
144.75 CAD
Undervaluation 65%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
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
12.9
Industry
15.2
Forward
11.4
vs History
39
vs Industry
71
Median 3Y
2.2
Median 5Y
2.3
Industry
7.1
vs History
41
vs Industry
32
Median 3Y
8
Median 5Y
7.7
Industry
14.5
vs History
9
vs Industry
52
Median 3Y
1.1
Median 5Y
1.1
Industry
1.4
vs History
12
vs Industry
39
Median 3Y
3
Median 5Y
3
Industry
2.9
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
10.5
Forward
6.6
vs History
20
vs Industry
43
Median 3Y
12.1
Median 5Y
12.1
Industry
15
Forward
34.6
vs History
47
vs Industry
57
Median 3Y
6.9
Median 5Y
6.9
Industry
11.1
vs History
22
vs Industry
13
Median 3Y
29.8
Median 5Y
24.7
Industry
17.2
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
52B GBP 2.8 17.9 12.8 18.6
US
Sempra Energy
NYSE:SRE
50.6B USD 3.8 17.3 15.3 27.9
FR
Engie SA
PAR:ENGI
44.6B EUR 0.6 11.1 5.1 8.5
US
Sempra
VSE:SREN
43.4B EUR 3.6 16.6 14.9 27.2
US
Dominion Energy Inc
NYSE:D
47.6B USD 3.2 23.5 13.4 21
DE
E.ON SE
XETRA:EOAN
38.6B EUR 0.5 8.5 4.7 6.9
US
Public Service Enterprise Group Inc
NYSE:PEG
39.6B USD 3.7 21.6 15.4 24.1
US
Consolidated Edison Inc
NYSE:ED
37.5B USD 2.4 19.9 12.6 22.3
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
WEC Energy Group Inc
NYSE:WEC
34B USD 3.7 20.9 14 22.5
P/E Multiple
Earnings Growth PEG
CA
Atco Ltd
TSX:ACO.X
Average P/E: 17.9
13.3
7%
1.9
UK
National Grid PLC
LSE:NG
17.9
14%
1.3
US
Sempra Energy
NYSE:SRE
17.3
8%
2.2
FR
Engie SA
PAR:ENGI
11.1
5%
2.2
US
S
Sempra
VSE:SREN
16.6
7%
2.4
US
Dominion Energy Inc
NYSE:D
23.5
18%
1.3
DE
E.ON SE
XETRA:EOAN
8.5
-10%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
21.6
9%
2.4
US
Consolidated Edison Inc
NYSE:ED
19.9
9%
2.2
DE
E ON SE
MIL:EOAN
26.7
77%
0.3
US
WEC Energy Group Inc
NYSE:WEC
20.9
8%
2.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Atco Ltd
TSX:ACO.X
Average EV/EBITDA: 11.5
8.4
11%
0.8
UK
National Grid PLC
LSE:NG
12.8
14%
0.9
US
Sempra Energy
NYSE:SRE
15.3
8%
1.9
FR
Engie SA
PAR:ENGI
5.1
-1%
N/A
US
S
Sempra
VSE:SREN
14.9
8%
1.9
US
Dominion Energy Inc
NYSE:D
13.4
13%
1
DE
E.ON SE
XETRA:EOAN
4.7
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
15.4
12%
1.3
US
Consolidated Edison Inc
NYSE:ED
12.6
11%
1.1
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
WEC Energy Group Inc
NYSE:WEC
14
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Atco Ltd
TSX:ACO.X
Average EV/EBIT: 20.8
14.2
N/A N/A
UK
National Grid PLC
LSE:NG
18.6
14%
1.3
US
Sempra Energy
NYSE:SRE
27.9
13%
2.1
FR
Engie SA
PAR:ENGI
8.5
1%
8.5
US
S
Sempra
VSE:SREN
27.2
13%
2.1
US
Dominion Energy Inc
NYSE:D
21
17%
1.2
DE
E.ON SE
XETRA:EOAN
6.9
-11%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
24.1
16%
1.5
US
Consolidated Edison Inc
NYSE:ED
22.3
14%
1.6
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
WEC Energy Group Inc
NYSE:WEC
22.5
13%
1.7