AltaGas Ltd
TSX:ALA

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AltaGas Ltd
TSX:ALA
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Price: 38.99 CAD 0.83% Market Closed
Market Cap: 11.6B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ALA stock under the Base Case scenario is 71.78 CAD. Compared to the current market price of 38.99 CAD, AltaGas Ltd is Undervalued by 46%.

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
71.78 CAD
Undervaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.9
P/S
P/S
Price to Sales
0.9
vs History
1
vs Industry
62
Median 3Y
0.6
Median 5Y
0.7
Industry
1.7
Forward
0.8
More Details
20.1
P/E
P/E
Price to Earnings
20.1
vs History
28
vs Industry
26
Median 3Y
17.3
Median 5Y
15.2
Industry
14.7
Forward
17.3
More Details
7.6
P/OCF
P/OCF
Price to OCF
7.6
vs History
58
vs Industry
39
Median 3Y
9.3
Median 5Y
8.2
Industry
7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
35
Median 3Y
6.7
Median 5Y
6.7
Industry
14.2
More Details
1.3
P/B
P/B
Price to Book Value
1.3
vs History
0
vs Industry
47
Median 3Y
1.1
Median 5Y
1
Industry
1.4
More Details
1.7
EV/S
EV/S
Enterprise Value to Sales
1.7
vs History
30
vs Industry
60
Median 3Y
1.3
Median 5Y
1.5
Industry
2.8
Forward
1.5
More Details
6.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.4
vs History
0
vs Industry
52
Median 3Y
5.4
Median 5Y
5.3
Industry
7.3
More Details
14
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14
vs History
17
vs Industry
28
Median 3Y
11.8
Median 5Y
12.3
Industry
10.4
Forward
11.3
More Details
20.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
20.5
vs History
28
vs Industry
27
Median 3Y
17.5
Median 5Y
18.9
Industry
14.6
Forward
15.4
More Details
13.6
EV/OCF
EV/OCF
Enterprise Value to OCF
13.6
vs History
84
vs Industry
32
Median 3Y
18.6
Median 5Y
16.3
Industry
11
More Details
140.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
140.5
vs History
23
vs Industry
4
Median 3Y
-19.9
Median 5Y
-20.8
Industry
16.7
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
0
vs Industry
46
Median 3Y
0.8
Median 5Y
0.7
Industry
0.9
More Details

Multiples Across Competitors

ALA Competitors Multiples
AltaGas Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
AltaGas Ltd
TSX:ALA
11.6B CAD 0.9 20.1 14 20.5
ES
Naturgy Energy Group SA
MAD:NTGY
24.8B EUR 1.3 13 6.2 8.6
US
Atmos Energy Corp
NYSE:ATO
24.2B USD 4.5 17.4 12.8 17.7
IT
Snam SpA
MIL:SRG
16B EUR 2.8 9.3 9.7 13.9
HK
Hong Kong and China Gas Co Ltd
HKEX:3
124.8B HKD 2.3 22.7 23 23
IN
GAIL (India) Ltd
NSE:GAIL
1.2T INR 0.9 9.7 7.1 9.3
JP
Tokyo Gas Co Ltd
TSE:9531
1.8T JPY 0.7 20.1 7.3 20.4
CN
ENN Energy Holdings Ltd
HKEX:2688
72.6B HKD 0.6 11.2 8.5 8.5
JP
Osaka Gas Co Ltd
TSE:9532
1.4T JPY 0.7 14.3 9.1 20.6
HK
Kunlun Energy Company Ltd
HKEX:135
67.4B HKD 0.3 10.9 2.7 2.7
CN
ENN Natural Gas Co Ltd
SSE:600803
61.8B CNY 0.4 8.3 7.8 7.8

See Also

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