Algonquin Power & Utilities Corp trades with the ticker AQN on the TSX and is in the Utilities – Renewable industry.
Overview
Algonquin Power & Utilities Corp., a renewable energy and utility company, that provides energy and water solutions and services in North America and internationally. The company operates through two segments, Regulated Services Group and Renewable Energy Group. The Regulated Services Group segment provides a portfolio of rate-regulated water, electricity, and gas utility services. It offers electricity distribution, water distribution, waste water treatment, and natural gas distribution services. The Renewable Energy Group segment generates and sells electrical energy produced by its portfolio of renewable power generation facilities primarily in the United States and Canada. It owns and operates hydroelectric, wind, solar, renewable natural gas, and thermal facilities. Algonquin Power & Utilities Corp. was incorporated in 1988 and is headquartered in Oakville, Canada.
Looking to invest in Algonquin Power & Utilities Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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AQN.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $5955.301MM
PE Ratio:
Price: 6.42 (Updated: 3/12/2024 0:47:16)
Algonquin Power & Utilities Corp (AQN) vs Competitors in Utilities – Renewable
Lets see how AQN.TO stacks up against others in the Utilities – Renewable asset management industry. We have identified its main peers as:Brookfield Renewable Partners L.P, Boralex Inc, Innergex Renewable Energy Inc, Northland Power Inc, Polaris Infrastructure Inc
.Utilities – Renewable Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Algonquin Power & Utilities Corp (AQN) | $5,955.301 | N/A | 43.311 | 7.3% |
| Brookfield Renewable Partners L.P (BEP-UN) | $21,543.555 | N/A | 12.062 | 6.0% |
| Boralex Inc (BLX) | $3,072.704 | 38.831 | 11.002 | 2.2% |
| Innergex Renewable Energy Inc (INE) | $1,768.077 | N/A | 15.629 | 4.2% |
| Northland Power Inc (NPI) | $6,143.534 | N/A | 13.595 | 5.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Utilities – Renewable
- Algonquin Power & Utilities Corp (AQN) vs Brookfield Renewable Partners L.P (BEP-UN)
- BEP-UN has higher EPS (-0.43 vs -0.49). AQN has higher dividend yield (7.3% vs 6.0%). BEP-UN and AQN both have P/E’s under 0.
- Algonquin Power & Utilities Corp (AQN) vs Boralex Inc (BLX)
- BLX has higher EPS (0.77 vs -0.49). AQN has higher dividend yield (7.3% vs 2.2%). AQN has a P/E under 0, indicating BLX (P/E 38.831) is in a better position.
- Algonquin Power & Utilities Corp (AQN) vs Innergex Renewable Energy Inc (INE)
- AQN has higher EPS (-0.49 vs -0.51). AQN has higher dividend yield (7.3% vs 4.2%). INE and AQN both have P/E’s under 0.
- Algonquin Power & Utilities Corp (AQN) vs Northland Power Inc (NPI)
- AQN has higher EPS (-0.49 vs -0.72). AQN has higher dividend yield (7.3% vs 5.0%). NPI and AQN both have P/E’s under 0.
- Algonquin Power & Utilities Corp (AQN) vs Polaris Infrastructure Inc (PIF)
- PIF has higher EPS (0.75 vs -0.49). AQN has higher dividend yield (7.3% vs 7.0%). AQN has a P/E under 0, indicating PIF (P/E 15.147) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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