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

ALE POWR Grades

• ALE scores best on the Value dimension, with a Value rank ahead of 78.13% of US stocks.
• The strongest trend for ALE is in Stability, which has been heading down over the past 177 days.
• ALE's current lowest rank is in the Growth metric (where it is better than 27.52% of US stocks).

ALE Stock Summary

• ALE's went public 37.95 years ago, making it older than 93.02% 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; only 0.17% of US stocks have a lower such ratio.
• For ALE, its debt to operating expenses ratio is greater than that reported by 88.08% of US equities we're observing.
• Stocks that are quantitatively similar to ALE, based on their financial statements, market capitalization, and price volatility, are MDU, MGEE, UTL, NFG, and EVRG.
• 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

• In comparison to the median Utilities stock, ALE's price/sales ratio is 0% higher, now standing at 1.7.
• Over the past 243 months, ALE's price/earnings ratio has gone up 7.3.

Below are key valuation metrics over time for ALE.

ALE Growth Metrics

Its year over year price growth rate is now at -15.11%.
• The 2 year net income to common stockholders growth rate now stands at 1.27%.
• Its 5 year cash and equivalents growth rate is now at -18.09%.

Over the past 70 months, ALE's revenue has gone up $199,200,000.

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
2022-12-31	1,570.7	221.3	189.3
2022-09-30	1,543.9	135.5	199.5
2022-06-30	1,501	149.9	193.4
2022-03-31	1,463.5	170.2	183.7
2021-12-31	1,419.2	263.5	169.2
2021-09-30	1,340.6	265.1	154.4

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 8.28% 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.