Algonquin Power & Utilities Corp
TSX:AQN

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Algonquin Power & Utilities Corp
TSX:AQN
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Price: 8.64 CAD 2.86% Market Closed
Market Cap: 6.6B CAD
Section:
 

Relative Value

The Relative Value of one AQN stock under the Base Case scenario is 21.23 CAD. Compared to the current market price of 8.64 CAD, Algonquin Power & Utilities Corp is Undervalued by 59%.

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
21.23 CAD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2
P/S
P/S
Price to Sales
2
vs History
46
vs Industry
46
Median 3Y
1.7
Median 5Y
2
Industry
1.7
Forward
2
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
1
Median 3Y
-3.8
Median 5Y
9.8
Industry
15.1
Forward
19.3
More Details
10.3
P/OCF
P/OCF
Price to OCF
10.3
vs History
49
vs Industry
34
Median 3Y
8
Median 5Y
10.3
Industry
7.4
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
2
Median 3Y
-1.7
Median 5Y
-5.7
Industry
14.6
More Details
1
P/B
P/B
Price to Book Value
1
vs History
47
vs Industry
65
Median 3Y
0.9
Median 5Y
1
Industry
1.4
More Details
4.6
EV/S
EV/S
Enterprise Value to Sales
4.6
vs History
58
vs Industry
30
Median 3Y
4.4
Median 5Y
4.7
Industry
2.9
Forward
4.5
More Details
6.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.2
vs History
63
vs Industry
56
Median 3Y
6
Median 5Y
6.7
Industry
7.9
More Details
12
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12
vs History
69
vs Industry
39
Median 3Y
12.2
Median 5Y
13.4
Industry
10.6
Forward
10.9
More Details
21.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.2
vs History
84
vs Industry
22
Median 3Y
23.4
Median 5Y
25.3
Industry
15.3
Forward
16.2
More Details
23.5
EV/OCF
EV/OCF
Enterprise Value to OCF
23.5
vs History
50
vs Industry
15
Median 3Y
19.9
Median 5Y
23.5
Industry
11.3
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-29.9
Median 5Y
-25.8
Industry
16.8
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
39
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
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Algonquin Power & Utilities Corp
TSX:AQN
6.6B CAD 2 -129.4 12 21.2
UK
National Grid PLC
LSE:NG
56.3B GBP 3.2 19.7 12.3 18.3
FR
Engie SA
PAR:ENGI
53.9B EUR 0.7 10.9 5.5 8.4
US
Sempra Energy
NYSE:SRE
56.9B USD 4.2 27 15.6 28.7
US
Dominion Energy Inc
NYSE:D
51.3B USD 3.2 22.4 13.2 20.7
US
Sempra
VSE:SREN
43.4B EUR 3.7 24.1 14.6 26.7
DE
E.ON SE
XETRA:EOAN
41.1B EUR 0.5 13.7 7.6 13.2
US
Public Service Enterprise Group Inc
NYSE:PEG
40.2B USD 3.4 19.3 14.3 21.4
DE
RWE AG
XETRA:RWE
32.1B EUR 1.5 14.2 7 17.3
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
Consolidated Edison Inc
NYSE:ED
36.1B USD 2.2 17.7 11.9 21.2
P/E Multiple
Earnings Growth PEG
CA
Algonquin Power & Utilities Corp
TSX:AQN
Average P/E: 19.6
Negative Multiple: -129.4 		N/A N/A
UK
National Grid PLC
LSE:NG
19.7
17%
1.2
FR
Engie SA
PAR:ENGI
10.9
6%
1.8
US
Sempra Energy
NYSE:SRE
27
9%
3
US
Dominion Energy Inc
NYSE:D
22.4
18%
1.2
US
S
Sempra
VSE:SREN
24.1
8%
3
DE
E.ON SE
XETRA:EOAN
13.7
-9%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
19.3
10%
1.9
DE
RWE AG
XETRA:RWE
14.2
-24%
N/A
DE
E ON SE
MIL:EOAN
26.7
77%
0.3
US
Consolidated Edison Inc
NYSE:ED
17.7
9%
2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Algonquin Power & Utilities Corp
TSX:AQN
Average EV/EBITDA: 11.3
12
9%
1.3
UK
National Grid PLC
LSE:NG
12.3
12%
1
FR
Engie SA
PAR:ENGI
5.5
0%
N/A
US
Sempra Energy
NYSE:SRE
15.6
6%
2.6
US
Dominion Energy Inc
NYSE:D
13.2
13%
1
US
S
Sempra
VSE:SREN
14.6
6%
2.4
DE
E.ON SE
XETRA:EOAN
7.6
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
14.3
14%
1
DE
RWE AG
XETRA:RWE
7
-7%
N/A
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
Consolidated Edison Inc
NYSE:ED
11.9
12%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Algonquin Power & Utilities Corp
TSX:AQN
Average EV/EBIT: 21.1
21.2
24%
0.9
UK
National Grid PLC
LSE:NG
18.3
14%
1.3
FR
Engie SA
PAR:ENGI
8.4
2%
4.2
US
Sempra Energy
NYSE:SRE
28.7
8%
3.6
US
Dominion Energy Inc
NYSE:D
20.7
17%
1.2
US
S
Sempra
VSE:SREN
26.7
8%
3.3
DE
E.ON SE
XETRA:EOAN
13.2
-10%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
21.4
18%
1.2
DE
RWE AG
XETRA:RWE
17.3
-10%
N/A
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
Consolidated Edison Inc
NYSE:ED
21.2
14%
1.5

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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