US · ALE
ALLETE, Inc.
- Sector
- Utilities · Diversified Utilities
- Headquarters
- Duluth, MN 55802-2093
- Website
- allete.com
Price · as of 2024-12-31
—
Market cap 3.91B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $45.75 | — |
| Intrinsic Value(DCF) | $25.53 | — |
| Graham-Dodd Method(GD) | $22.57 | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | $21.49 | $20.76 | $0.00 | $12.88 | $58.76 |
| 2011 | $24.82 | $27.19 | $0.00 | $17.47 | $27.70 |
| 2012 | $29.66 | $38.75 | $6.29 | $17.29 | $29.89 |
| 2013 | $32.29 | $35.78 | $0.00 | $18.60 | $36.58 |
| 2014 | $35.17 | $42.56 | $8.78 | $22.69 | $55.93 |
| 2015 | $38.85 | $28.32 | $106.07 | $19.23 | $109.82 |
| 2016 | $46.88 | $31.15 | $2.97 | $20.24 | $0.00 |
| 2017 | $50.53 | $33.97 | $6.84 | $22.65 | $47.02 |
| 2018 | $63.07 | $42.96 | $7.63 | $22.47 | $45.77 |
| 2019 | $59.96 | $43.30 | $9.87 | $25.95 | $0.00 |
| 2020 | $57.53 | $42.67 | $8.17 | $23.94 | $8.67 |
| 2021 | $56.06 | $46.14 | $6.90 | $24.44 | $92.35 |
| 2022 | $53.78 | $33.88 | $4.70 | $25.94 | $61.87 |
| 2023 | $54.04 | $31.32 | $7.80 | $29.89 | $115.91 |
| 2024 | $63.83 | $45.75 | $0.00 | $22.57 | $0.00 |
AI valuation
Our deep-learning model estimates ALLETE, Inc.'s (ALE) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $45.75
- Current price
- —
- AI upside
- —
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$25.53
— upside
Graham-Dodd
$22.57
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ALE | ALLETE, Inc. | $67.31 | 3.91B | -32% | -62% | -66% | — | 30.26 | 1.29 | 2.41 | 11.19 | — | 1.37 | 32.49% | 10.47% | 11.72% | 4.30% | 3.37% | 1.65% | 0.64 | 1.96 | 1.08 | 0.50 | 3.61 | -2794.00% | -1862.00% | -6746.00% | 2.77% | 1.13 | 2.24% | 4.42% | 133.80% | 4.42% | 33.98 | 53.23 | 3.56 | 1.03 |
| AVA | Avista Corporation | $39.74 | 3.22B | -29% | -60% | -62% | -43% | 16.75 | 1.19 | 1.65 | 9.98 | 381.87 | 1.22 | 24.19% | 18.02% | 9.83% | 7.28% | 5.39% | 2.33% | 1.22 | 2.39 | 20.25 | 7.72 | 5.04 | 439.00% | 134.00% | -1020000.00% | -3.12% | 13.03 | -1.73% | 4.92% | 82.40% | 4.92% | 18.44 | -64.65 | 3.32 | 30.44 |
| BKH | Black Hills Corporation | $64.75 | 4.72B | +16% | -46% | -79% | +1% | 17.89 | 1.40 | 2.32 | 11.94 | 999.54 | 2.13 | 38.47% | 23.27% | 12.62% | 8.19% | 5.79% | 2.87% | 1.23 | 2.60 | 1.35 | 0.80 | 5.46 | 179.00% | 857.00% | 48795.00% | -2.73% | 0.91 | -1.81% | 3.69% | 66.00% | 3.69% | 18.39 | -67.51 | 4.28 | 1.04 |
| MGEE | MGE Energy, Inc. | $84.47 | 3.09B | -22% | -60% | -69% | -23% | 22.01 | 2.29 | 4.02 | 12.47 | 187.89 | 2.29 | 97.31% | 22.95% | 18.27% | 10.72% | 7.20% | 4.54% | 0.62 | 5.05 | 0.78 | 0.39 | 2.66 | 1171.00% | 985.00% | -29576.00% | -2.67% | 0.90 | -3.89% | 2.26% | 49.70% | 2.26% | 22.28 | -47.53 | 5.11 | 1.73 |
| NWE | Northwestern Energy Group… | $61.01 | 3.75B | +17% | -48% | -73% | -31% | 23.71 | 1.49 | 2.67 | 12.89 | — | 1.71 | 82.31% | 20.23% | 11.24% | 6.31% | 5.19% | 2.20% | 1.14 | 2.17 | 0.72 | 0.31 | 5.58 | -1945.00% | 638.00% | -877.00% | -3.03% | 0.57 | -2.15% | 3.76% | 89.10% | 3.76% | 23.24 | -58.25 | 4.70 | 0.90 |
| OTTR | Otter Tail Corporation | $82.60 | 3.46B | -23% | -41% | -46% | -50% | 13.00 | 1.93 | 2.75 | 9.17 | — | 1.97 | 27.81% | 26.51% | 21.16% | 15.63% | 12.05% | 7.24% | 0.59 | 7.32 | 2.28 | 1.67 | 1.55 | -865.00% | -199.00% | 408.00% | 2.73% | 1.10 | 3.99% | 2.45% | 31.90% | 2.49% | 12.30 | 43.41 | 3.26 | 2.21 |
About ALLETE, Inc.
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 Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
- CEO
- Bethany M. Owen
- Employees
- 1.6K
- Beta
- 0.82
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($25.53 ÷ —) − 1 = — (DCF, example).