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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.05
ALE's Cash to Debt is ranked higher than
59% of the 1143 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.20 vs. ALE: 0.05 )
ALE' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.76
Current: 0.05

0.01
0.76
Equity to Asset 0.39
ALE's Equity to Asset is ranked higher than
79% of the 1129 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.32 vs. ALE: 0.39 )
ALE' s 10-Year Equity to Asset Range
Min: 0.29   Max: 0.47
Current: 0.39

0.29
0.47
Interest Coverage 3.45
ALE's Interest Coverage is ranked higher than
69% of the 602 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.68 vs. ALE: 3.45 )
ALE' s 10-Year Interest Coverage Range
Min: 1.59   Max: 5.43
Current: 3.45

1.59
5.43
F-Score: 6
Z-Score: 1.09
WACC vs ROIC
7.37%
5.63%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 16.97
ALE's Operating margin (%) is ranked higher than
83% of the 1169 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 12.77 vs. ALE: 16.97 )
ALE' s 10-Year Operating margin (%) Range
Min: 6.12   Max: 19.56
Current: 16.97

6.12
19.56
Net-margin (%) 11.31
ALE's Net-margin (%) is ranked higher than
84% of the 1169 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 7.18 vs. ALE: 11.31 )
ALE' s 10-Year Net-margin (%) Range
Min: 1.8   Max: 35.84
Current: 11.31

1.8
35.84
ROE (%) 8.49
ALE's ROE (%) is ranked higher than
75% of the 1163 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 8.99 vs. ALE: 8.49 )
ALE' s 10-Year ROE (%) Range
Min: 2.16   Max: 17.56
Current: 8.49

2.16
17.56
ROA (%) 3.18
ALE's ROA (%) is ranked higher than
77% of the 1184 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.99 vs. ALE: 3.18 )
ALE' s 10-Year ROA (%) Range
Min: 0.94   Max: 7.57
Current: 3.18

0.94
7.57
ROC (Joel Greenblatt) (%) 6.40
ALE's ROC (Joel Greenblatt) (%) is ranked higher than
68% of the 1180 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 8.70 vs. ALE: 6.40 )
ALE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 4.67   Max: 23.54
Current: 6.4

4.67
23.54
Revenue Growth (3Y)(%) 0.20
ALE's Revenue Growth (3Y)(%) is ranked higher than
66% of the 1010 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.50 vs. ALE: 0.20 )
ALE' s 10-Year Revenue Growth (3Y)(%) Range
Min: -61.3   Max: 110.9
Current: 0.2

-61.3
110.9
EBITDA Growth (3Y)(%) 3.30
ALE's EBITDA Growth (3Y)(%) is ranked higher than
78% of the 962 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.40 vs. ALE: 3.30 )
ALE' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 66.1
Current: 3.3

0
66.1
EPS Growth (3Y)(%) 3.10
ALE's EPS Growth (3Y)(%) is ranked higher than
74% of the 860 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.60 vs. ALE: 3.10 )
ALE' s 10-Year EPS Growth (3Y)(%) Range
Min: -47.3   Max: 63.9
Current: 3.1

-47.3
63.9
» ALE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

ALE Guru Trades in Q2 2014

Jim Simons 280,999 sh (+283.72%)
Bill Frels 235,124 sh (+4.02%)
Bernard Horn 50,200 sh (unchged)
Mario Gabelli 32,050 sh (unchged)
Paul Tudor Jones 12,035 sh (-4.32%)
Chuck Royce 190,047 sh (-4.57%)
John Keeley 887,573 sh (-7.44%)
» More
Q3 2014

ALE Guru Trades in Q3 2014

Paul Tudor Jones 20,404 sh (+69.54%)
Bernard Horn 70,200 sh (+39.84%)
Bill Frels 273,849 sh (+16.47%)
John Keeley 882,123 sh (-0.61%)
Mario Gabelli 31,050 sh (-3.12%)
Chuck Royce 178,347 sh (-6.16%)
Jim Simons 160,699 sh (-42.81%)
» More
Q4 2014

ALE Guru Trades in Q4 2014

Mario Gabelli 31,050 sh (unchged)
Bernard Horn 70,200 sh (unchged)
Paul Tudor Jones Sold Out
John Keeley 873,358 sh (-0.99%)
Chuck Royce 175,747 sh (-1.46%)
Bill Frels 265,761 sh (-2.95%)
Jim Simons 9,899 sh (-93.84%)
» More
Q1 2015

ALE Guru Trades in Q1 2015

Paul Tudor Jones 12,733 sh (New)
David Dreman 174,998 sh (New)
Jim Simons 39,899 sh (+303.06%)
Bill Frels 291,417 sh (+9.65%)
Mario Gabelli 31,050 sh (unchged)
Bernard Horn 70,200 sh (unchged)
Chuck Royce 170,647 sh (-2.90%)
John Keeley 829,675 sh (-5.00%)
» More
» Details

Insider Trades

Latest Guru Trades with ALE

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Guru Investment Theses on ALLETE Inc

Bernard Horn Comments on Allete - Mar 16, 2015

Allete (ALE)’s third quarter earnings were up, due to cost recovery revenue related to wind energy expansion and retrofit of an electric unit. In addition to capital expenditure projects coming to fruition, the company announced strong demand from its important industrial customers in the region.

From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Q4 2014 Shareholder Letter.

Check out Bernard Horn latest stock trades

Top Ranked Articles about ALLETE Inc

Bernard Horn Comments on Allete
Allete (ALE)’s third quarter earnings were up, due to cost recovery revenue related to wind energy expansion and retrofit of an electric unit. In addition to capital expenditure projects coming to fruition, the company announced strong demand from its important industrial customers in the region. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 16.90
ALE's P/E(ttm) is ranked higher than
82% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 21.10 vs. ALE: 16.90 )
ALE' s 10-Year P/E(ttm) Range
Min: 6.69   Max: 727.14
Current: 16.9

6.69
727.14
Forward P/E 13.81
ALE's Forward P/E is ranked higher than
87% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 27.17 vs. ALE: 13.81 )
N/A
PE(NRI) 16.90
ALE's PE(NRI) is ranked higher than
83% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 20.80 vs. ALE: 16.90 )
ALE' s 10-Year PE(NRI) Range
Min: 9.48   Max: 152.7
Current: 16.9

9.48
152.7
P/B 1.40
ALE's P/B is ranked higher than
79% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.71 vs. ALE: 1.40 )
ALE' s 10-Year P/B Range
Min: 0.58   Max: 2.63
Current: 1.4

0.58
2.63
P/S 1.90
ALE's P/S is ranked higher than
61% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.55 vs. ALE: 1.90 )
ALE' s 10-Year P/S Range
Min: 0.91   Max: 2.2
Current: 1.9

0.91
2.2
POCF 8.27
ALE's POCF is ranked higher than
79% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 8.46 vs. ALE: 8.27 )
ALE' s 10-Year POCF Range
Min: 3.38   Max: 24.39
Current: 8.27

3.38
24.39
EV-to-EBIT 18.91
ALE's EV-to-EBIT is ranked higher than
76% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 18.01 vs. ALE: 18.91 )
ALE' s 10-Year EV-to-EBIT Range
Min: -23.2   Max: 490.7
Current: 18.91

-23.2
490.7
PEG 3.02
ALE's PEG is ranked higher than
91% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.00 vs. ALE: 3.02 )
ALE' s 10-Year PEG Range
Min: 0.82   Max: 26.85
Current: 3.02

0.82
26.85
Shiller P/E 18.90
ALE's Shiller P/E is ranked higher than
85% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 28.17 vs. ALE: 18.90 )
ALE' s 10-Year Shiller P/E Range
Min: 5.92   Max: 22.75
Current: 18.9

5.92
22.75
Current Ratio 0.97
ALE's Current Ratio is ranked higher than
70% of the 1143 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.09 vs. ALE: 0.97 )
ALE' s 10-Year Current Ratio Range
Min: 0.73   Max: 3.75
Current: 0.97

0.73
3.75
Quick Ratio 0.71
ALE's Quick Ratio is ranked higher than
65% of the 1143 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.00 vs. ALE: 0.71 )
ALE' s 10-Year Quick Ratio Range
Min: 0.43   Max: 3.28
Current: 0.71

0.43
3.28
Days Inventory 74.30
ALE's Days Inventory is ranked higher than
65% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 30.12 vs. ALE: 74.30 )
ALE' s 10-Year Days Inventory Range
Min: 39.29   Max: 82.12
Current: 74.3

39.29
82.12
Days Sales Outstanding 35.17
ALE's Days Sales Outstanding is ranked higher than
90% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 67.69 vs. ALE: 35.17 )
ALE' s 10-Year Days Sales Outstanding Range
Min: 31.34   Max: 218.21
Current: 35.17

31.34
218.21

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 4.00
ALE's Dividend Yield is ranked higher than
66% of the 1026 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.34 vs. ALE: 4.00 )
ALE' s 10-Year Dividend Yield Range
Min: 2.66   Max: 10.75
Current: 4

2.66
10.75
Dividend Payout 0.67
ALE's Dividend Payout is ranked higher than
73% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 0.82 vs. ALE: 0.67 )
ALE' s 10-Year Dividend Payout Range
Min: 0.29   Max: 13.37
Current: 0.67

0.29
13.37
Dividend growth (3y) 3.30
ALE's Dividend growth (3y) is ranked higher than
79% of the 714 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.90 vs. ALE: 3.30 )
ALE' s 10-Year Dividend growth (3y) Range
Min: -27.7   Max: 11.4
Current: 3.3

-27.7
11.4
Yield on cost (5-Year) 4.48
ALE's Yield on cost (5-Year) is ranked higher than
66% of the 1032 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 3.60 vs. ALE: 4.48 )
ALE' s 10-Year Yield on cost (5-Year) Range
Min: 2.98   Max: 12.04
Current: 4.48

2.98
12.04
Share Buyback Rate -6.80
ALE's Share Buyback Rate is ranked higher than
65% of the 710 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: -1.30 vs. ALE: -6.80 )
ALE' s 10-Year Share Buyback Rate Range
Min: 50.1   Max: -112.7
Current: -6.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.60
ALE's Price/Tangible Book is ranked higher than
81% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.60 vs. ALE: 1.60 )
ALE' s 10-Year Price/Tangible Book Range
Min: 0.71   Max: 5.66
Current: 1.6

0.71
5.66
Price/DCF (Projected) 11.10
ALE's Price/DCF (Projected) is ranked higher than
73% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 58.60 vs. ALE: 11.10 )
ALE' s 10-Year Price/DCF (Projected) Range
Min: 0.35   Max: 170.75
Current: 11.1

0.35
170.75
Price/Median PS Value 1.20
ALE's Price/Median PS Value is ranked higher than
71% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.20 vs. ALE: 1.20 )
ALE' s 10-Year Price/Median PS Value Range
Min: 0.24   Max: 1.3
Current: 1.2

0.24
1.3
Price/Graham Number 1.10
ALE's Price/Graham Number is ranked higher than
84% of the 1292 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 1.90 vs. ALE: 1.10 )
ALE' s 10-Year Price/Graham Number Range
Min: 0.38   Max: 5.6
Current: 1.1

0.38
5.6
Earnings Yield (Greenblatt) 5.30
ALE's Earnings Yield (Greenblatt) is ranked higher than
71% of the 1171 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 5.90 vs. ALE: 5.30 )
ALE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 9.6
Current: 5.3

0.2
9.6
Forward Rate of Return (Yacktman) -2.64
ALE's Forward Rate of Return (Yacktman) is ranked higher than
69% of the 802 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 2.27 vs. ALE: -2.64 )
ALE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -24.3   Max: 9.8
Current: -2.64

-24.3
9.8

Business Description

Industry: Utilities - Regulated » Utilities - Regulated Electric
Compare:WR, EE, ENI, DTE, DUK » details
Traded in other countries:AEBA.Germany,
ALLETE Inc a Minnesota corporation was incorporated in 1906. The Company, together with its subsidiaries is engaged in the generation, transmission and distribution of electric power in the United States. Its business segments comprises of Regulated Operations and Investments and Other. Regulated Operations includes the Company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC, a Wisconsin-based utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 144,000 retail customers. Minnesota Power's non-affiliated municipal customers consist of 16municipalities in Minnesota and 1 private utility in Wisconsin. SWL&P, a wholly-owned subsidiary of the Company, is also a private utility in Wisconsin and a customer of Minnesota Power. SWL&P provides regulated electric, natural gas and water service in northwestern Wisconsin to approximately 15,000 electric customers, 12,000 natural gas customers and 10,000 water customers. Its regulated utility operations include retail and wholesale activities under the jurisdiction of state and federal regulatory authorities. Investments and Other is comprised of BNI Coal, the Company's coal mining operations in North Dakota, and ALLETE Properties, its Florida real estate business. This segment also includes emerging technology investments, a small amount of non-rate base generation, approximately 6,100 acres of land for sale in Minnesota, and earnings on cash and short-term investments. The Company's businesses are subject to regulation of environmental matters by federal, state and local authorities.
» More Articles for ALE

Headlines

Articles On GuruFocus.com
Bernard Horn Comments on Allete Mar 16 2015 
My 3 Favorite Stocks with Dividend Growth from Last Week Jan 27 2013 
12 Best Dividend Paying Utilities To Consider Sep 08 2012 
Investing in Central Utility Stocks - Do Today’s Valuations Make Sense? Part 3 Aug 06 2012 
Allete Inc. Reports Operating Results (10-Q) Oct 29 2010 
ALLETE Reports Second Quarter Earnings Aug 05 2009 
ALLETE, Inc. Reports 2008 Earnings of $2.82 Per Share Feb 13 2009 
Busy Week for Dividend Increases Jan 26 2009 

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Allete beats 1Q profit forecasts May 07 2015
Allete beats 1Q profit forecasts May 07 2015
ALLETE Inc Earnings Call scheduled for 10:00 am ET today May 07 2015
ALLETE, Inc. first quarter earnings per share rise by six percent May 07 2015
ALLETE, Inc. First Quarter Earnings Per Share Rise by Six Percent May 07 2015
ALLETE INC Files SEC form 10-Q, Quarterly Report May 07 2015
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ALLETE Clean Energy signs purchase agreement with The AES Corporation for 100.5MW Armenia Mountain... May 06 2015
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ALLETE INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits May 06 2015
ALLETE Board of Directors declares dividend on common stock Apr 30 2015
ALLETE Board of Directors Declares Dividend on Common Stock Apr 30 2015
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