Allete, Inc. (ALE): Price and Financial Metrics

ALE POWR Grades

• Value is the dimension where ALE ranks best; there it ranks ahead of 72.13% of US stocks.
• The strongest trend for ALE is in Stability, which has been heading down over the past 26 weeks.
• ALE ranks lowest in Growth; there it ranks in the 25th percentile.

ALE Stock Summary

• ALE's went public 38.03 years ago, making it older than 92.92% of listed US stocks we're tracking.
• Of note is the ratio of ALLETE INC's sales and general administrative expense to its total operating expenses; only 0.17% of US stocks have a lower such ratio.
• In terms of volatility of its share price, ALE is more volatile than merely 11.62% of stocks we're observing.
• Stocks with similar financial metrics, market capitalization, and price volatility to ALLETE INC are MDU, MGEE, UTL, NFG, and EVRG.
• ALE's SEC filings can be seen here. And to visit ALLETE INC's official web site, go to www.allete.com.

ALE Valuation Summary

• In comparison to the median Utilities stock, ALE's EV/EBIT ratio is 20.82% lower, now standing at 15.4.
• ALE's price/sales ratio has moved up 1.3 over the prior 243 months.

Below are key valuation metrics over time for ALE.

ALE Growth Metrics

Its year over year price growth rate is now at -15.11%.
• The 2 year net income to common stockholders growth rate now stands at 1.27%.
• Its 5 year cash and equivalents growth rate is now at -18.09%.

Over the past 70 months, ALE's revenue has gone up $199,200,000.

The table below shows ALE's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	1,570.7	221.3	189.3
2022-09-30	1,543.9	135.5	199.5
2022-06-30	1,501	149.9	193.4
2022-03-31	1,463.5	170.2	183.7
2021-12-31	1,419.2	263.5	169.2
2021-09-30	1,340.6	265.1	154.4

ALE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ALE has a Quality Grade of D, ranking ahead of 8.28% of graded US stocks.
• ALE's asset turnover comes in at 0.215 -- ranking 52nd of 105 Utilities stocks.
• BKH, DTE, and UTL are the stocks whose asset turnover ratios are most correlated with ALE.

The table below shows ALE's key quality metrics over time.