AltaGas stock
ALA.TOTSXAltaGas Ltd., UtilitiesISIN CA0213611001
51Score 51 out of 100, Neutral
Price and trend
77 / 100
Price history
+30% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 8.1% above it.
Since July 2023 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 53).
The price is 2.4% below its 52-week high. Largest decline in 20 years: 82% (August 2014 to March 2020).
Chart figures for advanced users
- SMA 50$38.08
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$36.29
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)53
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$28.39
- The lowest closing price of the last twelve months.
- Resistance$40.17
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- AltaGas Ltd. belongs to the Regulated Gas industry (Canada) and, with a market value of $12.24B, is number 9 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $8.82B (up 0.8% year on year) and earnings of $539.52M (up 28.9%).
- For fiscal 2026, analysts expect on average revenue of $10.41B (up 18%) and adjusted earnings per share of $1.81 (up 24.2%).
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- MEQIRI Score 51 out of 100 (Neutral): rank 130 of 201 in Utilities, median 54.
- The P/E is 28.1 (Regulated Gas median 17.5, own median of recent years 16.9).
- Our model puts fair value at $26.32, with the price 49% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 17.3% a year since 2020, Regulated Gas median 9.6%.Growth 63
Weaknesses
- Above fair valuePrice 49% above the fair value of $26.32.Valuation 29
- Negative free cash flowFree cash flow −$298.57M over the last 12 months.Fundamentals 42
- Richly valuedP/E 28.1, Regulated Gas median 17.5, own median 16.9.Valuation 29
Its standout strengths are technical analysis and momentum, while valuation and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 50 to 51.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $21.94 and expensive above $32.91 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $28.20 (cash-flow model) and $24.45 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 6.5%. At 7.5% the fair value would be $23.11, at 5.5% it would be $32.24.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (17.5).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 16.6% on the twelve months before. Revenue has grown strongly since 2006, at around 12% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 24%, operating 9%, net 6%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 5 Mar 2027in 113 days
- Last reported
- 29 Oct 2026EPS reported $0.20 (expected $0.11)above expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 5.4% since 23 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $1.81+2.0%
- Revenue
- $10.41B+5.2%
- Earnings per share
- $1.84−5.4%
- Revenue
- $10.73B+0.8%
MEQIRI has stored the estimates since 23 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −1.2%AltaGas reaffirms that despite the Trigon Pacific strike it still expects to land toward the high end of its recently raised 2026 guidance of $2.0 to $2.1 billion EBITDA and $2.35 to $2.60 EPS, driven by strong LPG export margins.
“We are pleased to be tracking towards the upper end of our recently increased 2026 guidance ranges of $2 billion to $2.1 billion in normalized EBITDA and $2.35 to $2.60 in normalized EPS, primarily reflecting sustained strength in the LPG export market.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
What happened at AltaGas
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 51
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Gas
The next larger and next smaller companies by market value
- Hong Kong and China Gas0003.HK $17.65B57
- Osaka Gas9532.T $13.67B61
- GAIL (India)GAIL.NS $13.33B68
- Tokyo Gas9531.T $13.22B70
- ItalgasIG.MI $10.33B64
- ENN Natural Gas600803.SS $9.61B62
- UGIUGI $8.05B55
- ENN Energy Holdings2688.HK $7.03B59
ETFs that hold AltaGas
Held by 53 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Xtrackers MSCI World Utilities UCITS ETF 1CXDWU | 0.54% | 0.25% | €890.44M |
| Xtrackers MSCI Canada Screened UCITS ETF 1CD5BH | 0.42% | 0.35% | €1.2B |
| UBS MSCI Canada UCITS ETF CAD disUIM9 | 0.40% | 0.33% | €2.06B |
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| iShares MSCI Canada UCITS ETFSXR2 | 0.39% | 0.48% | €2.15B |
| iShares MSCI World Momentum Factor Advanced UCITS ETFCBUH | 0.14% | 0.25% | €261.8M |
| iShares MSCI World Mid-Cap Equal Weight UCITS ETF USDIS3T | 0.13% | 0.30% | €408.01M |
| State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist)ZPRI | 0.11% | 0.40% | €622.34M |
| Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSDMWEQ | 0.08% | 0.20% | €2.06B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = CA$1.4235)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 11 Nov 2026, previously Weak
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.