Algonquin Power Return On Equity vs. Current Valuation
| AQNUDelisted Stock | USD 19.34 0.66 3.53% |
For Algonquin Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Algonquin Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Algonquin Power Utilities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Algonquin Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Algonquin Power Utilities over time as well as its relative position and ranking within its peers.
Algonquin |
Algonquin Power Utilities Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Algonquin Power's current stock value. Our valuation model uses many indicators to compare Algonquin Power value to that of its competitors to determine the firm's financial worth. Algonquin Power Utilities is number one stock in return on equity category among its peers. It also is the top company in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Algonquin Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Algonquin Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Algonquin Power |
| = | -0.0584 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Algonquin Power |
| = | 24.17 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Algonquin Current Valuation vs Competition
Algonquin Power Utilities is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities industry is presently estimated at about 48.34 Billion. Algonquin Power totals roughly 24.17 Billion in current valuation claiming about 50% of Utilities industry.
Algonquin Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Algonquin Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Algonquin Power will eventually generate negative long term returns. The profitability progress is the general direction of Algonquin Power's change in net profit over the period of time. It can combine multiple indicators of Algonquin Power, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people.
Algonquin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Algonquin Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Algonquin Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Algonquin Power's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Algonquin Power without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Algonquin Power position
In addition to having Algonquin Power in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 44 constituents at this time.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Algonquin Stock
If you are still planning to invest in Algonquin Power Utilities check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Algonquin Power's history and understand the potential risks before investing.
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