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ALLETE, Inc. (ALE)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US0185223007

CUSIP

018522300

Sector

Utilities

IPO Date

May 3, 1973

Highlights

Market Cap

$3.74B

EPS (TTM)

$3.12

PE Ratio

20.76

PEG Ratio

2.22

Total Revenue (TTM)

$1.57B

Gross Profit (TTM)

$300.30M

EBITDA (TTM)

$467.20M

Year Range

$54.04 - $65.19

Target Price

$65.67

Short %

1.91%

Short Ratio

3.39

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons:
ALE vs. FE ALE vs. OTTR ALE vs. MGEE ALE vs. PEG ALE vs. MNTK ALE vs. XLU ALE vs. AQN.TO ALE vs. XLI ALE vs. NEE ALE vs. D
Popular comparisons:
ALE vs. FE ALE vs. OTTR ALE vs. MGEE ALE vs. PEG ALE vs. MNTK ALE vs. XLU ALE vs. AQN.TO ALE vs. XLI ALE vs. NEE ALE vs. D

Performance

Performance Chart

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


3,000.00%3,500.00%4,000.00%4,500.00%5,000.00%5,500.00%JulyAugustSeptemberOctoberNovemberDecember
3,001.44%
5,375.33%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

Returns By Period

ALLETE, Inc. had a return of 10.93% year-to-date (YTD) and 10.86% in the last 12 months. Over the past 10 years, ALLETE, Inc. had an annualized return of 6.16%, while the S&P 500 had an annualized return of 11.69%, indicating that ALLETE, Inc. did not perform as well as the benchmark.


ALE

YTD

10.93%

1M

0.56%

6M

5.08%

1Y

10.86%

5Y (annualized)

0.37%

10Y (annualized)

6.16%

^GSPC (Benchmark)

YTD

26.52%

1M

0.66%

6M

12.27%

1Y

30.56%

5Y (annualized)

13.80%

10Y (annualized)

11.69%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.35%-2.98%5.30%-0.70%7.83%-1.27%3.45%-0.38%1.01%-0.44%2.64%10.93%
2023-4.11%0.04%5.20%-3.09%-3.45%-2.69%-0.93%-3.27%-3.83%1.40%4.95%10.24%-0.65%
2022-3.80%-0.35%6.42%-11.41%5.69%-5.22%5.60%-3.65%-15.43%12.43%18.91%-2.55%1.48%
20211.45%-0.19%8.14%4.72%-1.19%1.58%0.49%-3.27%-11.72%3.39%-3.80%13.17%11.17%
20202.85%-16.73%-12.05%-5.14%3.26%-7.02%8.59%-8.04%-4.11%-0.31%10.27%10.14%-20.47%
20190.94%6.15%1.46%-0.95%1.26%1.61%4.49%-0.72%1.96%-1.54%-6.23%1.32%9.63%
2018-2.58%-5.16%6.02%5.76%1.27%0.77%0.16%-2.46%-0.09%-1.35%10.77%-6.34%5.60%
20171.81%3.69%0.74%3.25%5.79%-2.33%2.22%6.30%-0.05%1.37%3.46%-7.63%19.38%
20164.07%1.21%5.75%0.21%3.70%11.93%-1.21%-6.33%0.54%2.80%1.76%3.83%30.93%
20152.74%-2.30%-3.79%-4.66%1.15%-7.86%4.10%-0.07%5.67%-0.55%2.48%-0.24%-4.11%
20140.20%2.08%3.78%-1.26%-3.09%3.38%-8.63%4.81%-8.79%17.68%-1.51%8.18%15.00%
201312.59%2.90%4.30%4.75%-6.99%5.35%7.56%-11.16%2.33%4.62%-1.54%1.22%26.46%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALE is 63, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALE is 6363
Overall Rank
The Sharpe Ratio Rank of ALE is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of ALE is 6060
Sortino Ratio Rank
The Omega Ratio Rank of ALE is 6161
Omega Ratio Rank
The Calmar Ratio Rank of ALE is 6161
Calmar Ratio Rank
The Martin Ratio Rank of ALE is 6969
Martin 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 ALLETE, Inc. (ALE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for ALE, currently valued at 0.76, compared to the broader market-4.00-2.000.002.000.762.54
The chart of Sortino ratio for ALE, currently valued at 1.24, compared to the broader market-4.00-2.000.002.004.001.243.39
The chart of Omega ratio for ALE, currently valued at 1.17, compared to the broader market0.501.001.502.001.171.47
The chart of Calmar ratio for ALE, currently valued at 0.46, compared to the broader market0.002.004.006.000.463.66
The chart of Martin ratio for ALE, currently valued at 3.00, compared to the broader market-10.000.0010.0020.0030.003.0016.25
ALE
^GSPC

The current ALLETE, Inc. Sharpe ratio is 0.76. 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 ALLETE, Inc. 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.76
2.54
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

ALLETE, Inc. provided a 4.35% dividend yield over the last twelve months, with an annual payout of $2.82 per share. The company has been increasing its dividends for 18 consecutive years.


3.00%3.50%4.00%4.50%$0.00$0.50$1.00$1.50$2.00$2.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.82$2.71$2.60$2.52$2.47$2.35$2.24$2.14$2.08$2.02$1.96$1.90

Dividend yield

4.35%4.43%4.03%3.80%3.99%2.90%2.94%2.88%3.24%3.97%3.55%3.81%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.71$0.00$0.00$0.71$0.00$0.00$0.71$0.00$0.00$0.71$0.00$2.82
2023$0.00$0.68$0.00$0.00$0.68$0.00$0.00$0.68$0.00$0.00$0.68$0.00$2.71
2022$0.00$0.65$0.00$0.00$0.65$0.00$0.00$0.65$0.00$0.00$0.65$0.00$2.60
2021$0.00$0.63$0.00$0.00$0.63$0.00$0.00$0.63$0.00$0.00$0.63$0.00$2.52
2020$0.00$0.62$0.00$0.00$0.62$0.00$0.00$0.62$0.00$0.00$0.62$0.00$2.47
2019$0.00$0.59$0.00$0.00$0.59$0.00$0.00$0.59$0.00$0.00$0.59$0.00$2.35
2018$0.00$0.56$0.00$0.00$0.56$0.00$0.00$0.56$0.00$0.00$0.56$0.00$2.24
2017$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.54$0.00$2.14
2016$0.00$0.52$0.00$0.00$0.52$0.00$0.00$0.52$0.00$0.00$0.52$0.00$2.08
2015$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00$2.02
2014$0.00$0.49$0.00$0.00$0.49$0.00$0.00$0.49$0.00$0.00$0.49$0.00$1.96
2013$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00$1.90

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%4.4%
ALLETE, Inc. has a dividend yield of 4.35%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%90.4%
ALLETE, Inc. has a payout ratio of 90.38%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

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.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.30%
-0.91%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ALLETE, Inc.. 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 ALLETE, Inc. was 73.95%, occurring on Mar 5, 2009. Recovery took 1957 trading sessions.

The current ALLETE, Inc. drawdown is 8.30%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-73.95%Jun 14, 20041191Mar 5, 20091957Dec 9, 20163148
-42.22%Sep 26, 2019161May 15, 2020
-41.95%Sep 27, 1973241Sep 10, 1974630Mar 8, 1977871
-40.21%Jan 16, 1987192Oct 19, 1987821Jan 17, 19911013
-37.24%May 3, 200256Jul 23, 2002318Oct 24, 2003374

Volatility

Volatility Chart

The current ALLETE, Inc. volatility is 1.63%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.63%
2.24%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of ALLETE, Inc. 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 ALLETE, Inc. compared to its peers in the Utilities - Diversified industry.


PE Ratio
10.020.030.040.020.8
The chart displays the price to earnings (P/E) ratio for ALE in comparison to other companies of the Utilities - Diversified industry. Currently, ALE has a PE value of 20.8. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.
PEG Ratio
2.04.06.08.02.2
The chart displays the price to earnings to growth (PEG) ratio for ALE in comparison to other companies of the Utilities - Diversified industry. Currently, ALE has a PEG value of 2.2. 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 ALLETE, Inc..


Loading data...

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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