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AltaGas (TSX:ALA) Enterprise Value : C$20,474 Mil (As of Dec. 11, 2024)


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What is AltaGas Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AltaGas's Enterprise Value is C$20,474 Mil. AltaGas's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$1,105 Mil. Therefore, AltaGas's EV-to-EBIT ratio for today is 18.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AltaGas's Enterprise Value is C$20,474 Mil. AltaGas's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was C$1,567 Mil. Therefore, AltaGas's EV-to-EBITDA ratio for today is 13.07.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, AltaGas's Enterprise Value is C$20,474 Mil. AltaGas's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was C$12,477 Mil. Therefore, AltaGas's EV-to-Revenue ratio for today is 1.64.


AltaGas Enterprise Value Historical Data

The historical data trend for AltaGas's Enterprise Value 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.

* Premium members only.

AltaGas Enterprise Value Chart

AltaGas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,385.10 15,538.13 18,027.15 17,449.22 18,529.23

AltaGas Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,086.10 18,529.23 19,212.18 19,511.78 20,680.94

Competitive Comparison of AltaGas's Enterprise Value

For the Oil & Gas Midstream subindustry, AltaGas's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


AltaGas's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AltaGas's Enterprise Value distribution charts can be found below:

* The bar in red indicates where AltaGas's Enterprise Value falls into.



AltaGas Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

AltaGas's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

AltaGas's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* 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.


AltaGas  (TSX:ALA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

AltaGas's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20473.847/1105
=18.53

AltaGas's current Enterprise Value is C$20,474 Mil.
AltaGas's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,105 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

AltaGas's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=20473.847/1567
=13.07

AltaGas's current Enterprise Value is C$20,474 Mil.
AltaGas's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,567 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

AltaGas's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=20473.847/12477
=1.64

AltaGas's current Enterprise Value is C$20,474 Mil.
AltaGas's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12,477 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.


AltaGas Enterprise Value Related Terms

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AltaGas Business Description

Address
1700, 355 - 4th Avenue S.W., Calgary, AB, CAN, T2P 0J1
AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through given segments: Midstream, Utilities and Corporate/other. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in natural gas liquid processing and extraction, transportation, and storage. Natural gas is sold and purchased for both commercial and industrial users. Revenue is derived from customers in both Canada and the United States, with Canadian customers contributing the most.

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