Algonquin Power & Utilities Corp
TSX:AQN

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Algonquin Power & Utilities Corp Logo
Algonquin Power & Utilities Corp
TSX:AQN
Watchlist
Price: 7.385 CAD 1.03%
Market Cap: 5.7B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one AQN stock under the Base Case scenario is 20.661 CAD. Compared to the current market price of 7.385 CAD, Algonquin Power & Utilities Corp is Undervalued by 64%.

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.

AQN Relative Value
Base Case
20.661 CAD
Undervaluation 64%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
66
vs Industry
46
Median 3Y
1.8
Median 5Y
2.7
Industry
1.7
Forward
1.7
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
1
Median 3Y
-2.9
Median 5Y
12.4
Industry
15
Forward
17.9
More Details
8.4
P/OCF
P/OCF
Price to OCF
8.4
vs History
61
vs Industry
34
Median 3Y
8
Median 5Y
11.5
Industry
6.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
2
Median 3Y
-3.3
Median 5Y
-5.8
Industry
14.1
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
74
vs Industry
65
Median 3Y
0.9
Median 5Y
1.3
Industry
1.4
More Details
4.4
EV/S
EV/S
Enterprise Value to Sales
4.4
vs History
71
vs Industry
30
Median 3Y
4.6
Median 5Y
5.4
Industry
2.8
Forward
4.2
More Details
5.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.9
vs History
77
vs Industry
56
Median 3Y
6.4
Median 5Y
7.6
Industry
7.4
More Details
11
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
11
vs History
85
vs Industry
39
Median 3Y
12.7
Median 5Y
14.4
Industry
10.4
Forward
10.5
More Details
22.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
22.7
vs History
82
vs Industry
22
Median 3Y
24.8
Median 5Y
26.3
Industry
14.9
Forward
16.3
More Details
21.2
EV/OCF
EV/OCF
Enterprise Value to OCF
21.2
vs History
52
vs Industry
15
Median 3Y
19.9
Median 5Y
21.8
Industry
10.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-29.5
Median 5Y
-29.5
Industry
17
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
90
vs Industry
72
Median 3Y
0.7
Median 5Y
0.8
Industry
0.9
More Details

Multiples Across Competitors

AQN Competitors Multiples
Algonquin Power & Utilities Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Algonquin Power & Utilities Corp
TSX:AQN
5.6B CAD 1.7 -2.9 11 22.7
UK
National Grid PLC
LSE:NG
51.9B GBP 2.7 28.7 11.8 16.6
FR
Engie SA
PAR:ENGI
43.8B EUR 0.6 10.9 5 8.4
US
Sempra
VSE:SREN
43.3B EUR 3.7 17.3 15 27.3
US
Sempra Energy
NYSE:SRE
49.1B USD 3.7 17.4 15 27.4
US
Dominion Energy Inc
NYSE:D
46.6B USD 3.2 22.8 13.3 22.4
DE
E.ON SE
XETRA:EOAN
40.4B EUR 0.5 8.9 4.9 7.1
US
Public Service Enterprise Group Inc
NYSE:PEG
39.6B USD 3.7 21.7 24.4 24.4
US
Consolidated Edison Inc
NYSE:ED
38.2B USD 2.5 21 13.1 23.5
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
WEC Energy Group Inc
NYSE:WEC
34.6B USD 4 22.5 15.1 24.6
P/E Multiple
Earnings Growth PEG
CA
Algonquin Power & Utilities Corp
TSX:AQN
Average P/E: 19.8
Negative Multiple: -2.9 		N/A N/A
UK
National Grid PLC
LSE:NG
28.7
21%
1.4
FR
Engie SA
PAR:ENGI
10.9
5%
2.2
US
S
Sempra
VSE:SREN
17.3
7%
2.5
US
Sempra Energy
NYSE:SRE
17.4
8%
2.2
US
Dominion Energy Inc
NYSE:D
22.8
18%
1.3
DE
E.ON SE
XETRA:EOAN
8.9
-10%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
21.7
9%
2.4
US
Consolidated Edison Inc
NYSE:ED
21
9%
2.3
DE
E ON SE
MIL:EOAN
26.7
77%
0.3
US
WEC Energy Group Inc
NYSE:WEC
22.5
8%
2.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Algonquin Power & Utilities Corp
TSX:AQN
Average EV/EBITDA: 12.6
11
4%
2.8
UK
National Grid PLC
LSE:NG
11.8
5%
2.4
FR
Engie SA
PAR:ENGI
5
-1%
N/A
US
S
Sempra
VSE:SREN
15
8%
1.9
US
Sempra Energy
NYSE:SRE
15
8%
1.9
US
Dominion Energy Inc
NYSE:D
13.3
13%
1
DE
E.ON SE
XETRA:EOAN
4.9
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
24.4
12%
2
US
Consolidated Edison Inc
NYSE:ED
13.1
11%
1.2
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
WEC Energy Group Inc
NYSE:WEC
15.1
12%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Algonquin Power & Utilities Corp
TSX:AQN
Average EV/EBIT: 21.8
22.7
19%
1.2
UK
National Grid PLC
LSE:NG
16.6
3%
5.5
FR
Engie SA
PAR:ENGI
8.4
1%
8.4
US
S
Sempra
VSE:SREN
27.3
12%
2.3
US
Sempra Energy
NYSE:SRE
27.4
12%
2.3
US
Dominion Energy Inc
NYSE:D
22.4
17%
1.3
DE
E.ON SE
XETRA:EOAN
7.1
-11%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
24.4
17%
1.4
US
Consolidated Edison Inc
NYSE:ED
23.5
13%
1.8
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
WEC Energy Group Inc
NYSE:WEC
24.6
13%
1.9

See Also

Summary
AQN intrinsic value, competitors valuation, and company profile.
DCF Valuation
AQN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AQN stock valuation using valuation multiples.
Wall Street Estimates
AQN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AQN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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