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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ALLETE's Enterprise Value is €5,597 Mil.
ALLETE's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €166 Mil. Therefore, ALLETE's EV-to-EBIT for today is 33.73.
The historical rank and industry rank for ALLETE's EV-to-EBIT or its related term are showing as below:
FRA:AEBA'
s EV-to-EBIT Range Over the Past 10 Years
Min: 17.93 Med: 24.4 Max: 36.5
Current: 36.08
During the past 13 years, the highest EV-to-EBIT of ALLETE was 36.50. The lowest was 17.93. And the median was 24.40.
FRA:AEBA's EV-to-EBIT is not ranked
in the Utilities - Regulated industry.
Industry Median: 13.615
vs FRA:AEBA: 36.08
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
ALLETE's Enterprise Value for the quarter that ended in Sep. 2025 was €5,541 Mil.
ALLETE's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €166 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ALLETE EV-to-EBIT Related Terms
ALLETE EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for ALLETE's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Diversified subindustry, ALLETE's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ALLETE EV-to-EBIT vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ALLETE's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where ALLETE's EV-to-EBIT falls into.
ALLETE's current Enterprise Value is €5,597 Mil.
ALLETE's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €166 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ALLETE (FRA:AEBA) has a EV-to-EBIT of 33.73 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ALLETE and its competitors. This is 38% above median its historical median of 24.40. Over the past decade, ALLETE's EV-to-EBIT has ranged from 17.93 to 36.50.
Is ALLETE's EV-to-EBIT too high?
ALLETE's current EV-to-EBIT of 33.73 is 38% above median its 10-year median of 24.40. Over the past 10 years, this metric has ranged from a low of 17.93 to a high of 36.50. The Utilities - Regulated industry median EV-to-EBIT is 13.62. ALLETE's value of 33.73 is 147.7% above this industry median. Overall, ALLETE has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does ALLETE's EV-to-EBIT compare to SRE and AES?
ALLETE's EV-to-EBIT of 33.73 can be compared against companies in the Utilities - Regulated industry. The industry median EV-to-EBIT is 13.62. ALLETE's value of 33.73 is 147.7% above this benchmark. Historically, ALLETE's own EV-to-EBIT has ranged from 17.93 to 36.50 over the past decade. While the company's 10-year median is 24.40 vs. the industry median of 13.62, ALLETE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.62, based on 462 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ALLETE's current EV-to-EBIT of 33.73 is 147.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on ALLETE and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALLETE's current EV-to-EBIT is 33.73, which is 38% above median its own 10-year median of 24.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALLETE stock overvalued right now?
ALLETE (FRA:AEBA) has a current EV-to-EBIT of 33.73. The stock's GF Value™ is €51.55, compared to a current price of €57.50 — trading 11.5% above its estimated fair value. The current EV-to-EBIT is 33.73, which is 38% above median its 10-year median of 24.40 and 147.7% above the Utilities - Regulated industry median of 13.62. ALLETE's overall GF Score™ is 26/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For ALLETE (FRA:AEBA), the current EV-to-EBIT is 33.73 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ALLETE (FRA:AEBA) Overvalued in 2026?
Based on GuruFocus' analysis, ALLETE stock appears to be overvalued.
The current stock price of €57.50 is trading 11.5% above its estimated GF Value™ of €51.55.
Key valuation signals for FRA:AEBA:
EV-to-EBIT: 33.73 (38% above median its 10-year median of 24.40)
GF Value™: €51.55 vs. price of €57.50 (11.5% above fair value)
Industry Position: 147.7% above the Utilities - Regulated median
No single metric tells the full story. See the FRA:AEBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
26GF Score
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