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AltaGas Ltd. (ALA.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

AltaGas Ltd. (ALA.TO)

Equity · Currency in CAD · Last updated Nov 15, 2024

Company Info

ISINCA0213611001
CUSIP021361100
SectorUtilities
IndustryUtilities - Regulated Gas

Highlights

Market CapCA$9.96B
EPS (TTM)CA$1.66
PE Ratio20.14
PEG Ratio1.92
Total Revenue (TTM)CA$12.66B
Gross Profit (TTM)CA$3.06B
EBITDA (TTM)CA$1.49B
Year RangeCA$25.57 - CA$35.77
Target PriceCA$38.00
Short %2.47%
Short Ratio4.41

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons: ALA.TO vs. AVA, ALA.TO vs. FRU.TO, ALA.TO vs. ^TNX, ALA.TO vs. PPL.TO, ALA.TO vs. TLT, ALA.TO vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in AltaGas Ltd., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
11.85%
15.94%
ALA.TO (AltaGas Ltd.)
Benchmark (^GSPC)

Returns By Period

AltaGas Ltd. had a return of 24.47% year-to-date (YTD) and 26.69% in the last 12 months. Over the past 10 years, AltaGas Ltd. had an annualized return of 2.59%, while the S&P 500 had an annualized return of 11.31%, indicating that AltaGas Ltd. did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date24.47%24.72%
1 month-2.91%2.30%
6 months11.85%12.31%
1 year26.69%32.12%
5 years (annualized)16.03%13.81%
10 years (annualized)2.59%11.31%

Monthly Returns

The table below presents the monthly returns of ALA.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.47%4.08%3.92%0.87%1.89%1.51%6.50%4.86%-2.19%-0.63%24.47%
20236.42%-5.87%-2.60%5.19%-2.87%4.58%9.37%1.50%-0.35%-1.11%7.14%1.83%24.42%
2022-4.39%6.93%1.25%4.93%3.95%-10.19%5.04%-0.74%-5.74%-7.11%-8.14%4.75%-10.93%
20211.87%2.01%8.99%10.10%4.39%9.20%1.81%-4.02%-0.79%2.83%-4.85%12.72%51.99%
20208.16%-5.48%-35.92%31.23%-10.72%6.41%7.73%0.99%-4.22%5.52%10.84%0.87%0.41%
2019-2.68%32.12%-0.06%1.70%10.01%1.95%2.42%-10.15%8.01%-1.08%3.23%0.81%49.96%
2018-3.06%-3.51%-9.08%4.56%3.56%7.42%-1.85%-7.72%-14.56%-18.78%-11.67%-3.20%-46.84%
2017-8.21%0.73%-0.08%-0.12%-1.01%-0.85%-1.64%-3.98%4.43%2.95%0.35%-1.79%-9.37%
20166.69%-1.37%4.34%-8.20%-0.07%4.15%6.49%2.56%-0.07%-1.14%-1.13%4.40%16.81%
2015-0.57%5.12%-5.74%-2.64%-2.88%-3.69%-5.47%1.54%-8.67%3.17%-6.81%-0.75%-24.95%
20141.91%2.89%6.92%3.37%3.51%2.16%0.86%6.87%-9.82%-1.36%-8.57%2.63%10.26%
20135.55%-0.96%0.50%7.89%3.07%-4.12%-2.02%0.19%2.25%5.81%0.79%5.46%26.46%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ALA.TO is 85, placing it in the top 15% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of ALA.TO is 8585
Combined Rank
The Sharpe Ratio Rank of ALA.TO is 8787Sharpe Ratio Rank
The Sortino Ratio Rank of ALA.TO is 8181Sortino Ratio Rank
The Omega Ratio Rank of ALA.TO is 8181Omega Ratio Rank
The Calmar Ratio Rank of ALA.TO is 8787Calmar Ratio Rank
The Martin Ratio Rank of ALA.TO is 8989Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for AltaGas Ltd. (ALA.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

ALA.TO
Sharpe ratio
The chart of Sharpe ratio for ALA.TO, currently valued at 1.83, compared to the broader market-4.00-2.000.002.004.001.83
Sortino ratio
The chart of Sortino ratio for ALA.TO, currently valued at 2.42, compared to the broader market-4.00-2.000.002.004.006.002.42
Omega ratio
The chart of Omega ratio for ALA.TO, currently valued at 1.33, compared to the broader market0.501.001.502.001.33
Calmar ratio
The chart of Calmar ratio for ALA.TO, currently valued at 1.93, compared to the broader market0.002.004.006.001.93
Martin ratio
The chart of Martin ratio for ALA.TO, currently valued at 10.92, compared to the broader market0.0010.0020.0030.0010.92
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.66, compared to the broader market-4.00-2.000.002.004.002.66
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.56, compared to the broader market-4.00-2.000.002.004.006.003.56
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.50, compared to the broader market0.501.001.502.001.50
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.81, compared to the broader market0.002.004.006.003.81
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 17.03, compared to the broader market0.0010.0020.0030.0017.03

Sharpe Ratio

The current AltaGas Ltd. Sharpe ratio is 1.83. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of AltaGas Ltd. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio2.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
1.83
3.15
ALA.TO (AltaGas Ltd.)
Benchmark (^GSPC)

Dividends

Dividend History

AltaGas Ltd. provided a 3.51% dividend yield over the last twelve months, with an annual payout of CA$1.18 per share. The company has been increasing its dividends for 4 consecutive years.

4.00%6.00%8.00%10.00%12.00%14.00%16.00%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
DividendCA$1.18CA$1.12CA$1.08CA$0.97CA$0.96CA$0.96CA$2.09CA$2.12CA$2.03CA$1.89CA$1.69CA$1.49

Dividend yield

3.51%4.03%4.62%3.55%5.15%4.85%15.02%7.39%5.99%6.10%3.90%3.66%

Monthly Dividends

The table displays the monthly dividend distributions for AltaGas Ltd.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024CA$0.00CA$0.00CA$0.30CA$0.00CA$0.00CA$0.30CA$0.00CA$0.00CA$0.30CA$0.00CA$0.00CA$0.90
2023CA$0.00CA$0.00CA$0.28CA$0.00CA$0.00CA$0.28CA$0.00CA$0.00CA$0.28CA$0.00CA$0.00CA$0.28CA$1.12
2022CA$0.00CA$0.00CA$0.27CA$0.00CA$0.00CA$0.27CA$0.00CA$0.00CA$0.27CA$0.00CA$0.00CA$0.27CA$1.08
2021CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.97
2020CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.96
2019CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.08CA$0.96
2018CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.08CA$2.09
2017CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$2.12
2016CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.17CA$0.18CA$0.18CA$0.18CA$0.18CA$0.18CA$2.03
2015CA$0.15CA$0.15CA$0.15CA$0.15CA$0.16CA$0.16CA$0.16CA$0.16CA$0.16CA$0.17CA$0.17CA$0.17CA$1.89
2014CA$0.13CA$0.13CA$0.13CA$0.13CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$0.15CA$1.69
2013CA$0.12CA$0.12CA$0.12CA$0.12CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$0.13CA$1.49

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%3.5%
AltaGas Ltd. has a dividend yield of 3.51%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%54.4%
AltaGas Ltd. has a payout ratio of 54.38%, which is quite average when compared to the overall market. This suggests that AltaGas Ltd. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.74%
-0.16%
ALA.TO (AltaGas Ltd.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AltaGas Ltd.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AltaGas Ltd. was 74.98%, occurring on Mar 23, 2020. Recovery took 1053 trading sessions.

The current AltaGas Ltd. drawdown is 5.74%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.98%Aug 20, 20141404Mar 23, 20201053Jun 3, 20242457
-57.35%Aug 12, 1999263Nov 16, 2000366Jun 24, 2002629
-49.76%Jun 18, 2008181Mar 9, 2009393Sep 30, 2010574
-26.67%Jul 2, 200241Aug 28, 2002126Feb 27, 2003167
-21.23%Sep 13, 200527Oct 20, 200531Dec 2, 200558

Volatility

Volatility Chart

The current AltaGas Ltd. volatility is 5.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
5.59%
4.15%
ALA.TO (AltaGas Ltd.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of AltaGas Ltd. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Valuation

The Valuation section provides an assessment of the market value of AltaGas Ltd. compared to its peers in the Utilities - Regulated Gas industry.

PE Ratio
20.040.060.080.020.1
The chart displays the price to earnings (P/E) ratio for ALA.TO in comparison to other companies of the Utilities - Regulated Gas industry. Currently, ALA.TO has a PE value of 20.1. This PE ratio falls in the average range for the industry.
PEG Ratio
5.010.015.01.9
The chart displays the price to earnings to growth (PEG) ratio for ALA.TO in comparison to other companies of the Utilities - Regulated Gas industry. Currently, ALA.TO has a PEG value of 1.9. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for AltaGas Ltd..

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Income Statement

Income Statement
Balance Sheet
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Quarterly
TTM
Revenue

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EBITDA

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EBIT

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Earnings From Continuing Operations

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Net Income

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Income Tax Expense

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Other Non-Operating Income (Expenses)

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Extraordinary Items

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Discontinued Operations

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Effect Of Accounting Charges

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Values in undefined except per share items