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

ALE POWR Grades

• ALE scores best on the Stability dimension, with a Stability rank ahead of 76.23% of US stocks.
• ALE's strongest trending metric is Stability; it's been moving up over the last 52 weeks.
• ALE's current lowest rank is in the Quality metric (where it is better than 13.76% of US stocks).

ALE Stock Summary

• ALE's went public 35.93 years ago, making it older than 92.76% of listed US stocks we're tracking.
• Of note is the ratio of Allete Inc's sales and general administrative expense to its total operating expenses; merely 0.35% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Allete Inc is higher than it is for about 89.37% of US stocks.
• If you're looking for stocks that are quantitatively similar to Allete Inc, a group of peers worth examining would be SWX, PEB, NOMD, PNW, and CUZ.
• Visit ALE's SEC page to see the company's official filings. To visit the company's 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

• The 4 year net income to common stockholders growth rate now stands at 23.32%.
• Its 4 year price growth rate is now at -8.5%.
• The year over year revenue growth rate now stands at 0.15%.

Over the past 15 months, ALE's revenue has gone up $192,900,000.

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
2021-09-30	1,340.6	265.1	154.4
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

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 8.28% of graded US stocks.
• ALE's asset turnover comes in at 0.215 -- ranking 52nd of 105 Utilities stocks.
• BKH, DTE, and UTL are the stocks whose asset turnover ratios are most correlated with ALE.

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