AltaGas Ltd
TSX:ALA

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AltaGas Ltd
TSX:ALA
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Price: 40.03 CAD -1.89%
Market Cap: 11.9B CAD

Relative Value

The Relative Value of one ALA stock under the Base Case scenario is 78.03 CAD. Compared to the current market price of 40.03 CAD, AltaGas Ltd is Undervalued by 49%.

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.

ALA Relative Value
Base Case
78.03 CAD
Undervaluation 49%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
62
Median 3Y
0.6
Median 5Y
0.7
Industry
1.7
Forward
0.9
vs History
24
vs Industry
26
Median 3Y
17.3
Median 5Y
15.7
Industry
15
Forward
17.8
vs History
51
vs Industry
39
Median 3Y
8.8
Median 5Y
8.1
Industry
6.9
vs History
vs Industry
35
Median 3Y
6.7
Median 5Y
6.7
Industry
14.1
vs History
0
vs Industry
47
Median 3Y
1.1
Median 5Y
1
Industry
1.4
vs History
27
vs Industry
60
Median 3Y
1.3
Median 5Y
1.5
Industry
2.8
Forward
1.6
vs History
0
vs Industry
52
Median 3Y
5.5
Median 5Y
5.3
Industry
7.4
vs History
8
vs Industry
28
Median 3Y
11.8
Median 5Y
12.3
Industry
10.4
Forward
11.5
vs History
17
vs Industry
27
Median 3Y
18.2
Median 5Y
18.9
Industry
14.9
Forward
15.7
vs History
77
vs Industry
32
Median 3Y
16.6
Median 5Y
16.3
Industry
10.9
vs History
24
vs Industry
4
Median 3Y
36.9
Median 5Y
-20.8
Industry
17
vs History
0
vs Industry
46
Median 3Y
0.8
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

ALA Competitors Multiples
AltaGas Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
AltaGas Ltd
TSX:ALA
12B CAD 1 20.6 14.2 20.9
ES
Naturgy Energy Group SA
MAD:NTGY
25.2B EUR 1.3 13.3 6.2 8.7
US
Atmos Energy Corp
NYSE:ATO
25.5B USD 4.8 18.3 13.4 18.4
IT
Snam SpA
MIL:SRG
17B EUR 4.8 13.5 11.6 18.2
HK
Hong Kong and China Gas Co Ltd
HKEX:3
130.4B HKD 2.4 22.8 14.3 20.5
IN
GAIL (India) Ltd
NSE:GAIL
1.2T INR 0.9 10 7.4 9.6
JP
Tokyo Gas Co Ltd
TSE:9531
1.8T JPY 0.7 19.9 7.2 20.2
JP
Osaka Gas Co Ltd
TSE:9532
1.5T JPY 0.7 14.9 9.3 21.2
CN
ENN Energy Holdings Ltd
HKEX:2688
69.6B HKD 0.6 10.9 6.1 8.2
CN
ENN Natural Gas Co Ltd
SSE:600803
61.2B CNY 0.4 8.2 7.7 7.7
HK
Kunlun Energy Company Ltd
HKEX:135
64.1B HKD 0.3 10.1 2.5 2.5