ALA.TO
AltaGas Ltd
Price:  
30.81 
CAD
Volume:  
377,316.00
Canada | Gas Utilities
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ALA.TO Fair Value

73.86 %
Upside

As of 2024-05-18, the Fair Value of AltaGas Ltd (ALA.TO) is 53.57 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 30.81 CAD, the upside of AltaGas Ltd is 73.86%.

30.81 CAD
Stock Price
53.57 CAD
Fair Price
FAIR VALUE CALCULATION

ALA.TO Fair Value

Peter Lynch's formula is:

ALA.TO Fair Value
= Earnings Growth Rate x TTM EPS
ALA.TO Fair Value
= 25.00 x 2.14
ALA.TO Fair Value
= 53.57

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 833.50 552.00 283.00 523.00 673.00 572.90
YoY growth 291.57% -33.77% -48.73% 84.81% 28.68% 64.51%

ALA.TO Fair Value - Key Data

Market Cap (mil) 9,116.52
P/E 14.38x
Forward P/E 10.87x
EPS 2.14
Avg earnings growth rate 64.51%
TTM earnings 634.00