Allete, Inc. (ALE): Price and Financial Metrics

ALE POWR Grades

• Stability is the dimension where ALE ranks best; there it ranks ahead of 76.77% of US stocks.
• ALE's strongest trending metric is Momentum; it's been moving down over the last 47 weeks.
• ALE ranks lowest in Quality; there it ranks in the 8th percentile.

ALE Stock Summary

• ALE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 10,164.57 -- higher than 99.63% of US-listed equities with positive expected earnings growth.
• Of note is the ratio of Allete Inc's sales and general administrative expense to its total operating expenses; just 0.41% of US stocks have a lower such ratio.
• The volatility of Allete Inc's share price is greater than that of only 5.28% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to ALE, based on their financial statements, market capitalization, and price volatility, are SWX, NOMD, PNW, MGEE, and NFG.
• ALE's SEC filings can be seen here. And to visit Allete Inc's official web site, go to www.allete.com.

ALE Valuation Summary

• ALE's EV/EBIT ratio is 27.1; this is 19.38% higher than that of the median Utilities stock.
• Over the past 243 months, ALE's price/sales ratio has gone up 1.4.
• Over the past 243 months, ALE's price/sales ratio has gone up 1.4.

Below are key valuation metrics over time for ALE.

ALE Growth Metrics

• Its 3 year net income to common stockholders growth rate is now at 31.61%.
• The 3 year cash and equivalents growth rate now stands at 264.23%.
• Its 4 year cash and equivalents growth rate is now at -30.93%.

Over the past 15 months, ALE's revenue has gone up $94,200,000.

The table below shows ALE's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	1,289.1	261	167.5
2021-03-31	1,196.7	299.5	159.7
2020-12-31	1,169.1	299.8	174.2
2020-09-30	1,153.3	317	176.8
2020-06-30	1,147.7	298.8	167.3
2020-03-31	1,194.9	259.2	181.4

ALE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ALE has a Quality Grade of D, ranking ahead of 8.78% of graded US stocks.
• ALE's asset turnover comes in at 0.21 -- ranking 54th of 105 Utilities stocks.
• BKH, DTE, and NFG are the stocks whose asset turnover ratios are most correlated with ALE.

The table below shows ALE's key quality metrics over time.