Allete, Inc.

Allete, Inc.

ALE

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Market Cap$3.94B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Allete, Inc.Allete, Inc.23.81.08%6%2.70.8
$-32.94

Current Fair Value

148.5% downside

Overvalued by 148.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$3.94 Billion
Enterprise Value$6.10 Billion
Dividend Yield$2.19 (1.08%)
Earnings per Share$3.11
Beta0.82
Outstanding Shares58,100,000

Return

Return on Equity5.81%ROE
Return on Assets2.32%
Return on Invested Capital1.81%

Valuation & Multiples

P/E Ratio23.81P/E Ratio
PEG-59.85PEG
Price to Sales2.72Price to Sales
Price to Book Ratio1.19Price to Book Ratio
Enterprise Value to Revenue4.07
Enterprise Value to EBIT49.89
Enterprise Value to Net Income36
Total Debt to Enterprise0.37
Debt to Equity0.78Debt to Equity

Revenue Sources

No data

Insider Trades

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio8.8092 879.77%
Total Calls60,800 598.85%
Total Puts535,600 535500.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %73.45% 1.96%
Total Invested$2.83B 0.95%
Investors Holding367 18.00%

ESG Score

No data

About Allete, Inc.

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and official revenue estimates for tax legislation. Its work directly influences the specifics of tax policy, which significantly impacts Allete's financial planning, investments, and overall tax burden.

Finance

This committee controls taxation and trade policy. Changes in corporate tax rates, depreciation schedules, or energy-related tax credits directly impact Allete's profitability, investment decisions, and capital structure.

Appropriations

This committee directly allocates federal spending. Its subcommittees determine funding for regulatory bodies like the NRC and EPA, and can fund energy research or infrastructure projects relevant to Allete's operations.

Energy and Natural Resources

This committee has direct oversight of national energy policy and the Department of Energy, which heavily influences the future, funding, and regulatory environment for nuclear power generation.

Environment and Public Works

This committee directly regulates the Nuclear Regulatory Commission (NRC) and the EPA, which are primary federal regulators for nuclear energy facilities and environmental compliance, thus having a direct impact on Allete's operations and costs.