Valuation AltaGas Ltd.

Equities

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-09-17 pm EDT			5-day change	1st Jan Change
35.31 ^CAD	0.00%		+2.62%	+26.92%

Sep. 17	AltaGas Brief: Announcing US$900 Million Hybrid Subordinated Note Offering and Results of Series G and H Preferred Share Conversions	MT
Sep. 17	AltaGas Ltd. announces the company has priced an offering of USD 900 million aggregate principal amount of 7.20% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	5,512	5,231	7,651	6,582	8,195	10,502	-	-
Change	-	-5.09%	46.26%	-13.98%	24.51%	28.15%	-	-
Enterprise Value (EV) ¹	12,765	13,421	15,944	16,386	17,629	19,885	20,170	20,105
Change	-	5.14%	18.8%	2.77%	7.59%	12.8%	1.44%	-0.33%
P/E ratio	7.14x	10.8x	33.3x	16.6x	-	16.8x	14.9x	14x
PBR	0.77x	0.74x	1.1x	0.88x	1.06x	1.32x	1.26x	1.21x
PEG	-	-0.3x	-0.6x	0.2x	-	-	1.2x	2.22x
Capitalization / Revenue	1x	0.94x	0.72x	0.47x	0.63x	0.81x	0.75x	0.71x
EV / Revenue	2.32x	2.4x	1.51x	1.16x	1.36x	1.53x	1.44x	1.36x
EV / EBITDA	10x	10.2x	10.7x	10.7x	11.2x	11.4x	10.9x	10.4x
EV / EBIT	15.3x	15x	14.9x	14.9x	15.5x	15.6x	14.7x	14.2x
EV / FCF	-28.4x	17.3x	15.7x	33.5x	15.2x	110x	69.9x	46x
FCF Yield	-3.52%	5.78%	6.37%	2.98%	6.59%	0.91%	1.43%	2.17%
Dividend per Share ²	0.96	0.96	0.9996	1.06	1.12	1.193	1.255	1.315
Rate of return	4.85%	5.13%	3.66%	4.53%	4.03%	3.38%	3.55%	3.72%
EPS ²	2.77	1.74	0.82	1.41	-	2.105	2.368	2.517
Distribution rate	34.7%	55.2%	122%	75.2%	-	56.7%	53%	52.2%
Net sales ¹	5,495	5,587	10,573	14,087	12,997	13,020	14,028	14,763
EBITDA ¹	1,271	1,310	1,490	1,537	1,575	1,747	1,844	1,937
EBIT ¹	833	896	1,068	1,098	1,134	1,273	1,369	1,420
Net income ¹	833.5	486	230	399	641	625.8	716.6	759.3
Net Debt ¹	7,254	8,190	8,293	9,804	9,434	9,383	9,669	9,603
Reference price ²	19.78	18.72	27.31	23.38	27.82	35.31	35.31	35.31
Nbr of stocks (in thousands)	278,660	279,453	280,167	281,519	294,571	297,414	-	-
Announcement Date	2/28/20	2/26/21	3/4/22	3/2/23	3/8/24	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
NATURGY ENERGY GROUP, S.A.	12.27x	1.44x	6.78x	+6.09%	24.57B
ATMOS ENERGY CORPORATION	20.34x	6.87x	14.87x	+2.33%	21.45B
GAIL INDIA LIMITED	13.8x	1.18x	10.13x	+3.04%	17.24B
OSAKA GAS COMPANY., LTD.	11.54x	1.02x	8.14x	+2.89%	9.49B
TOKYO GAS CO., LTD.	12.86x	0.87x	6.18x	+2.08%	9.27B
PETRONAS GAS	18.48x	5.5x	9.75x	+4.38%	8.34B
APA GROUP	44.55x	6.83x	11.26x	+7.48%	6.61B
NATIONAL FUEL GAS COMPANY	14.38x	3.64x	6.92x	+3.21%	5.56B
Average	18.53x	3.42x	9.26x	+3.94%	12.82B
Weighted average by Cap.	16.90x	3.24x	9.65x	+3.93%