ALE
Price:
$64.5
Market Cap:
$3.73B
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illino...[Read more]
Industry
Diversified Utilities
IPO Date
1973-05-03
Stock Exchange
NYSE
Ticker
ALE
According to ALLETE, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 5.43B. This represents a change of 2.40% compared to the average of 5.30B of the last 4 quarters.
The mean historical Enterprise Value of ALLETE, Inc. over the last ten years is 4.96B. The current 5.43B Enterprise Value has changed 10.83% with respect to the historical average. Over the past ten years (40 quarters), ALE's Enterprise Value was at its highest in in the September 2019 quarter at 6.07B. The Enterprise Value was at its lowest in in the June 2015 quarter at 3.58B.
Average
4.96B
Median
5.20B
Minimum
3.60B
Maximum
5.76B
Discovering the peaks and valleys of ALLETE, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 20.17%
Maximum Annual Enterprise Value = 5.76B
Minimum Annual Increase = -13.40%
Minimum Annual Enterprise Value = 3.60B
Year | Enterprise Value | Change |
---|---|---|
2023 | 5.22B | -5.07% |
2022 | 5.50B | 1.43% |
2021 | 5.43B | 8.73% |
2020 | 4.99B | -13.40% |
2019 | 5.76B | 8.16% |
2018 | 5.33B | 2.80% |
2017 | 5.18B | 10.37% |
2016 | 4.70B | 19.57% |
2015 | 3.93B | 9.17% |
2014 | 3.60B | 20.17% |
The current Enterprise Value of ALLETE, Inc. (ALE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.38B
5-year avg
5.38B
10-year avg
4.96B
ALLETE, Inc.’s Enterprise Value is less than Avista Corporation (5.47B), less than Black Hills Corporation (8.40B), greater than Montauk Renewables, Inc. (544.68M), less than Companhia Paranaense de Energia - COPEL (35.59B), less than NorthWestern Corporation (6.20B), less than The AES Corporation (36.78B), greater than Otter Tail Corporation (3.88B), less than The AES Corporation (36.78B), less than Brookfield Infrastructure Partners L.P. (65.65B), greater than Unitil Corporation (1.57B), less than Companhia Energética de Minas Gerais (47.17B), less than E.ON SE (24.41B),
Company | Enterprise Value | Market cap |
---|---|---|
5.47B | $2.87B | |
8.40B | $4.15B | |
544.68M | $537.63M | |
35.59B | $4.18B | |
6.20B | $3.23B | |
36.78B | $11.23B | |
3.88B | $3.14B | |
36.78B | $9.24B | |
65.65B | $14.47B | |
1.57B | $870.66M | |
47.17B | $5.92B | |
24.41B | $30.48B |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is ALLETE, Inc.'s Enterprise Value?
What is the highest Enterprise Value for ALLETE, Inc. (ALE)?
What is the 3-year average Enterprise Value for ALLETE, Inc. (ALE)?
What is the 5-year average Enterprise Value for ALLETE, Inc. (ALE)?
How does the current Enterprise Value for ALLETE, Inc. (ALE) compare to its historical average?