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

Company Info

ISINCA0213611001
CUSIP021361100
SectorUtilities
IndustryUtilities—Regulated Gas

Highlights

Market CapCA$9.13B
EPSCA$2.06
PE Ratio14.96
PEG Ratio1.92
Revenue (TTM)CA$12.60B
Gross Profit (TTM)CA$2.95B
EBITDA (TTM)CA$1.62B
Year RangeCA$21.63 - CA$30.84
Target PriceCA$34.18
Short %2.47%
Short Ratio6.51

Share Price Chart


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Compare to other instruments

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AltaGas Ltd.

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

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.


200.00%400.00%600.00%800.00%1,000.00%1,200.00%December2024FebruaryMarchAprilMay
1,107.89%
254.08%
ALA.TO (AltaGas Ltd.)
Benchmark (^GSPC)

S&P 500

Returns By Period

AltaGas Ltd. had a return of 11.70% year-to-date (YTD) and 37.03% in the last 12 months. Over the past 10 years, AltaGas Ltd. had an annualized return of 0.88%, while the S&P 500 had an annualized return of 10.87%, indicating that AltaGas Ltd. did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date11.70%11.56%
1 month2.91%7.13%
6 months14.07%17.26%
1 year37.03%26.92%
5 years (annualized)15.28%13.56%
10 years (annualized)0.88%10.87%

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%3.91%0.87%11.70%
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%1.23%4.93%3.95%-10.21%5.04%-0.74%-5.76%-7.11%-8.14%4.73%-10.99%
20211.87%2.01%8.99%10.12%4.41%9.22%1.82%-4.00%-0.78%2.84%-4.84%12.74%52.17%
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%8.02%-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%2.94%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 90, placing it in the top 10% 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 9090
ALA.TO (AltaGas Ltd.)
The Sharpe Ratio Rank of ALA.TO is 9292Sharpe Ratio Rank
The Sortino Ratio Rank of ALA.TO is 9090Sortino Ratio Rank
The Omega Ratio Rank of ALA.TO is 8888Omega Ratio Rank
The Calmar Ratio Rank of ALA.TO is 8585Calmar Ratio Rank
The Martin Ratio Rank of ALA.TO is 9595Martin 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 2.13, compared to the broader market-2.00-1.000.001.002.003.004.002.13
Sortino ratio
The chart of Sortino ratio for ALA.TO, currently valued at 2.96, compared to the broader market-4.00-2.000.002.004.006.002.96
Omega ratio
The chart of Omega ratio for ALA.TO, currently valued at 1.37, compared to the broader market0.501.001.502.001.37
Calmar ratio
The chart of Calmar ratio for ALA.TO, currently valued at 1.32, compared to the broader market0.002.004.006.001.32
Martin ratio
The chart of Martin ratio for ALA.TO, currently valued at 14.93, compared to the broader market-10.000.0010.0020.0030.0014.93
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market-2.00-1.000.001.002.003.004.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market-4.00-2.000.002.004.006.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market0.501.001.502.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.002.004.006.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market-10.000.0010.0020.0030.008.93

Sharpe Ratio

The current AltaGas Ltd. Sharpe ratio is 2.13. 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 Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.13
2.82
ALA.TO (AltaGas Ltd.)
Benchmark (^GSPC)

Dividends

Dividend History

AltaGas Ltd. granted a 3.70% dividend yield in the last twelve months. The annual payout for that period amounted to CA$1.14 per share.


PeriodTTM20232022202120202019201820172016201520142013
DividendCA$1.14CA$1.12CA$1.06CA$1.00CA$0.96CA$0.96CA$2.09CA$2.12CA$2.03CA$1.89CA$1.69CA$1.49

Dividend yield

3.70%4.03%4.53%3.66%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$0.30
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$1.06
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$1.00
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%3.7%
AltaGas Ltd. has a dividend yield of 3.70%, which is quite average when compared to the overall market.
Payout Ratio
20.0%40.0%60.0%80.0%100.0%120.0%56.3%
AltaGas Ltd. has a payout ratio of 56.34%, 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.


-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-0.37%
0
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. The portfolio has not yet recovered.

The current AltaGas Ltd. drawdown is 0.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-74.98%Aug 20, 20141404Mar 23, 2020
-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 2.35%, 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%December2024FebruaryMarchAprilMay
2.35%
2.61%
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

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Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

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Cost Of Revenue

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Gross Profit

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Operating Expenses

Selling, General & Admin Expenses

0.00

R&D Expenses

0.00

Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

0.00

Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items