Algonquin Power & Utilities Corp. Common Shares (AQN) Company Bio
Algonquin Power & Utilities Corp., through its subsidiaries, engages in the generation, distribution, and transmission utility assets in North America. The company generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. The company was founded in 1996 and is headquartered in Oakville, Canada.
AQN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Algonquin Power & Utilities Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Algonquin Power & Utilities Corp ranked in the 4th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Algonquin Power & Utilities Corp, consider:
In the past 3.96 years, Algonquin Power & Utilities Corp has a compound free cash flow growth rate of -0.17%; that's better than only 0% of cash flow producing equities in the Utilities sector, where it is classified.
Algonquin Power & Utilities Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 13.48% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PEG, ENIA, HNP, NWE, and EVRG can be thought of as valuation peers to AQN, in the sense that they are in the Utilities sector and have a similar price forecast based on DCF valuation.
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Algonquin Power & Utilities (AQN) to acquire 53.5% of Empresa de Servicios Sanitarios de Los Lagos S.A. ((ESSAL)) for ~$92.3M.ESSAL is a vertically integrated regional water and wastewater provider with ~230k connections in Southern Chile.The company says that due to local regulation a tender offer process will also be launched...