ALLETE Inc
NYSE:ALE

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ALLETE Inc
NYSE:ALE
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Price: 64.5 USD -0.15% Market Closed
Market Cap: 3.7B USD
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Relative Value

The Relative Value of one ALE stock under the Base Case scenario is 106.38 USD. Compared to the current market price of 64.5 USD, ALLETE Inc is Undervalued by 39%.

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.

ALE Relative Value
Base Case
106.38 USD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
25
vs Industry
38
Median 3Y
2.2
Median 5Y
2.2
Industry
1.6
Forward
2.4
More Details
20.7
P/E
P/E
Price to Earnings
20.7
vs History
11
vs Industry
38
Median 3Y
17.1
Median 5Y
17.5
Industry
15.1
Forward
17.1
More Details
8.6
P/OCF
P/OCF
Price to OCF
8.6
vs History
63
vs Industry
43
Median 3Y
10.4
Median 5Y
10.5
Industry
7
More Details
99.1
P/FCFE
P/FCFE
Price to FCFE
99.1
vs History
4
vs Industry
12
Median 3Y
-7.7
Median 5Y
-10.4
Industry
13.9
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
25
vs Industry
47
Median 3Y
1.3
Median 5Y
1.3
Industry
1.4
More Details
3.4
EV/S
EV/S
Enterprise Value to Sales
3.4
vs History
34
vs Industry
42
Median 3Y
3.2
Median 5Y
3.4
Industry
2.7
Forward
3.4
More Details
3.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.8
vs History
31
vs Industry
70
Median 3Y
3.6
Median 5Y
3.7
Industry
7.5
More Details
12.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.3
vs History
33
vs Industry
38
Median 3Y
11.9
Median 5Y
11.9
Industry
10.3
Forward
11.6
More Details
32.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
32.5
vs History
26
vs Industry
22
Median 3Y
30.8
Median 5Y
29.4
Industry
14.6
Forward
25.9
More Details
12.4
EV/OCF
EV/OCF
Enterprise Value to OCF
12.4
vs History
71
vs Industry
47
Median 3Y
15.8
Median 5Y
15.7
Industry
11.1
More Details
46.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
46.6
vs History
9
vs Industry
24
Median 3Y
15.9
Median 5Y
-9.9
Industry
16.8
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
12
vs Industry
50
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
More Details

Multiples Across Competitors

ALE Competitors Multiples
ALLETE Inc 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
US
ALLETE Inc
NYSE:ALE
3.7B USD 2.4 20.7 12.3 32.5
US
Nextera Energy Inc
NYSE:NEE
147.4B USD 5.6 21.2 15.4 26
US
Southern Co
NYSE:SO
90.8B USD 3.4 19.2 12.5 21.8
ES
Iberdrola SA
MAD:IBE
84.9B EUR 1.9 12.8 7 10.6
US
Duke Energy Corp
NYSE:DUK
83.6B USD 2.8 19.9 11.7 21.4
IT
Enel SpA
MIL:ENEL
69.2B EUR 0.6 7.9 4 5.4
US
Constellation Energy Corp
NASDAQ:CEG
71.1B USD 3 24.8 12.7 23.1
US
PG&E Corp
NYSE:PCG
51.8B USD 2.1 18.9 11.8 20.9
US
American Electric Power Company Inc
NASDAQ:AEP
49.3B USD 2.5 18.7 12.4 22.4
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
DK
Oersted A/S
SWB:D2G
39B EUR 4.6 58.2 24.1 24.1
P/E Multiple
Earnings Growth P/E to Growth
US
ALLETE Inc
NYSE:ALE
Average P/E: 22.2
20.7
3%
6.7
US
Nextera Energy Inc
NYSE:NEE
21.2
14%
1.6
US
Southern Co
NYSE:SO
19.2
31%
0.6
ES
Iberdrola SA
MAD:IBE
12.8
24%
0.5
US
Duke Energy Corp
NYSE:DUK
19.9
93%
0.2
IT
Enel SpA
MIL:ENEL
7.9
112%
0.1
US
Constellation Energy Corp
NASDAQ:CEG
24.8
93%
0.3
US
PG&E Corp
NYSE:PCG
18.9
91%
0.2
US
American Electric Power Company Inc
NASDAQ:AEP
18.7
53%
0.4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
DK
O
Oersted A/S
SWB:D2G
58.2
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
ALLETE Inc
NYSE:ALE
Average EV/EBITDA: 12.4
12.3
28%
0.4
US
Nextera Energy Inc
NYSE:NEE
15.4
24%
0.6
US
Southern Co
NYSE:SO
12.5
28%
0.4
ES
Iberdrola SA
MAD:IBE
7
16%
0.4
US
Duke Energy Corp
NYSE:DUK
11.7
25%
0.5
IT
Enel SpA
MIL:ENEL
4
1%
4.7
US
Constellation Energy Corp
NASDAQ:CEG
12.7
28%
0.5
US
PG&E Corp
NYSE:PCG
11.8
60%
0.2
US
American Electric Power Company Inc
NASDAQ:AEP
12.4
38%
0.3
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
DK
O
Oersted A/S
SWB:D2G
24.1
153%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ALLETE Inc
NYSE:ALE
Average EV/EBIT: 20.8
32.5
56%
0.6
US
Nextera Energy Inc
NYSE:NEE
26
26%
1
US
Southern Co
NYSE:SO
21.8
46%
0.5
ES
Iberdrola SA
MAD:IBE
10.6
21%
0.5
US
Duke Energy Corp
NYSE:DUK
21.4
35%
0.6
IT
Enel SpA
MIL:ENEL
5.4
1%
3.8
US
Constellation Energy Corp
NASDAQ:CEG
23.1
161%
0.1
US
PG&E Corp
NYSE:PCG
20.9
99%
0.2
US
American Electric Power Company Inc
NASDAQ:AEP
22.4
56%
0.4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
DK
O
Oersted A/S
SWB:D2G
24.1
64%
0.4

See Also

Summary
ALE intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALE stock valuation using valuation multiples.
Wall Street Estimates
ALE 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
ALE 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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