Obermatt

AltaGas

TOR:ALA · CA0213611001
Gas UtilitiesLarge

360

38
EV / EBIT41
Price / Owner Earnings89
Owner Earnings Yield1
Dividend Yield49
Price/Sales78
EV / Gross Profit64
Price/Book42
Return on Capital29
Cash Return on Capital46
Return on Equity21
EBIT Margin21
Gross Profitability67
Cash Conversion52
Accruals44
Owner Earnings Margin52
Sales growth34
Profit Growth51
Long-Term EPS Growth53
Reinvestment56
Price momentum70
Debt load22
Refinancing61
Debt Payback1
Liquidity22
Analyst ratings60
Opinion Changes50
Price Target Upside17
Market mood65
Value Creation4/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

AltaGas doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryCanada
IndustryGas Utilities
SizeLarge
TypePublic Company
ExchangeTSX
Employees817
Websitealtagas.ca
ISINCA0213611001
Last UpdateApr 2, 2026
Themes
Power GridOnshore and Offshore WindEnergy StorageEnergyOil and Gas

Description

AltaGas Ltd. operates as an energy infrastructure company in North America. Business Segments The company’s operations are categorized into three main business segments. Utilities Segment This segment encompasses the ownership and operation of ra…

Analysis

Middle-of-the-road

AltaGas Ltd. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

Valuation data is not available for this company.

The trajectory is solid and the balance sheet is stretched. The company scores 4/20 on our value-creation score: not creating value.

What to watch: Some accounting patterns deserve a closer look. The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
42
2023202420252026

All-time high

90

Jan 2024

All-time low

37

Jan 2026

Average rank

64

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
78
89
97
96
Price/Earnings
16
25
11
5
Price/Book
42
66
78
88
Dividend Yield
49
53
65
97
Value (overall)
43
45
65
87

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →