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

ALE POWR Grades

• Stability is the dimension where ALE ranks best; there it ranks ahead of 84.43% of US stocks.
• The strongest trend for ALE is in Momentum, which has been heading up over the past 179 days.
• ALE ranks lowest in Quality; there it ranks in the 23rd percentile.

ALE Stock Summary

• ALE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 383.23 -- higher than 93.22% of US-listed equities with positive expected earnings growth.
• ALE's went public 36.27 years ago, making it older than 92.84% 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 0.5% of US stocks have a lower such ratio.
• If you're looking for stocks that are quantitatively similar to Allete Inc, a group of peers worth examining would be SBRA, AIRC, CUZ, PK, and PNW.
• 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 year over year net cashflow from operations growth rate now stands at 15.55%.
• The 3 year cash and equivalents growth rate now stands at 264.23%.
• The 4 year price growth rate now stands at -8.5%.

ALE's revenue has moved down $3,700,000 over the prior 52 months.

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
2021-12-31	1,419.2	263.5	169.2
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

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.