ALE Share Price | ALLETE, Inc. Stock Analysis & Recommendation

Q: How big is ALLETE, Inc.?

Market Cap: As of Jun 18, ALLETE, Inc. has a market capitalization of 3,728.26 million, categorizing it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters, ALLETE, Inc. reported net sales of 1,526.70 million and a net profit of 119.40 million.Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 2,848.00 million and total assets of 7,391.40 million.

Q: What does ALLETE, Inc. do?

Overview:ALLETE, Inc. is an energy company operating in the power industry, categorized as a small-cap firm.Financial Snapshot:Most recent Net Sales: 400 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 35 Million (Quarterly Results - Mar 2025) Market-cap: USD 3,728.26 Million (Small Cap)Key Metrics:P/E: 32.00 Dividend Yield: 0.00% Debt Equity: 0.64 Return on Equity: 4.17% Price to Book: 1.30 Contact Details:Address: 30 W SUPERIOR ST, DULUTH MN, 55802-2191 Tel: 1 218 2795000 Website: https://www.allete.com/

Q: Who are in the management team of ALLETE, Inc.?

As of March 2022, the management team of ALLETE, Inc. includes the following individuals:- Mr. Alan Hodnik, who serves as the Executive Chairman of the Board.- Ms. Bethany Owen, who is the President, Chief Executive Officer, and a Director.- Ms. Heidi Jimmerson-Eddins, who holds the position of Lead Independent Director.- Ms. Barbara Nick, who is a Director.- Ms. Kathryn Dindo, who serves as an Independent Director.- Mr. George Goldfarb, who is also an Independent Director.- Mr. James Hoolihan, who holds the title of Independent Director.In summary, the management team comprises a mix of executive leadership and independent directors, reflecting a diverse governance structure.

Q: Is ALLETE, Inc. overvalued or undervalued?

As of 30 June 2025, the valuation grade for ALLETE, Inc. has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently overvalued, as evidenced by its P/E ratio of 32, which is notably higher than peers like Pinnacle West Capital Corp. at 24.26 and The AES Corp. at 25.28. Additionally, ALLETE's EV to EBITDA stands at 12.62, while the industry average is reflected in its peers, such as OGE Energy Corp. with an EV to EBITDA of 10.71.In terms of returns, ALLETE's performance has lagged behind the S&P 500 across multiple periods, with a year-to-date return of -1.10% compared to the S&P's 12.22%, and a three-year return of 10.25% versus the S&P's impressive 70.41%. This underperformance further supports the conclusion that ALLETE is overvalued in the current market environment.

Q: Is ALLETE, Inc. technically bullish or bearish?

As of 3 October 2025, the technical trend for ALLETE, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD and Bollinger Bands indicate bullish momentum, while the monthly MACD also supports this stance. However, the daily moving averages are mildly bearish, suggesting some short-term weakness. The Dow Theory shows a mildly bullish trend in both weekly and monthly perspectives. In terms of performance, ALLETE's returns over the past week and month have outpaced the S&P 500, with a 1.49% gain compared to 1.09% for the index over one week and a 5.73% gain compared to 4.15% over one month. However, the year-to-date and longer-term returns are lagging significantly behind the S&P 500. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

Shareholding (Mar 2025)

FII

10.61%

Held by 124 FIIs

DII

44.25%

Held by 51 DIIs

Promoter

0.02%

How big is ALLETE, Inc.?

22-Jun-2025

As of Jun 18, ALLETE, Inc. has a market capitalization of $3.73 billion, with net sales of $1.53 billion and a net profit of $119.4 million over the latest four quarters. The company reported shareholder's funds of $2.85 billion and total assets of $7.39 billion as of Dec 24.

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What does ALLETE, Inc. do?

22-Jun-2025

ALLETE, Inc. is a small-cap energy company with recent net sales of $400 million and a net profit of $35 million. It has a market cap of approximately $3.73 billion and key metrics include a P/E ratio of 32.00 and a debt-to-equity ratio of 0.64.

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Who are in the management team of ALLETE, Inc.?

22-Jun-2025

As of March 2022, ALLETE, Inc.'s management team includes Executive Chairman Alan Hodnik, President and CEO Bethany Owen, Lead Independent Director Heidi Jimmerson-Eddins, and several independent directors: Barbara Nick, Kathryn Dindo, George Goldfarb, and James Hoolihan. The team reflects a diverse governance structure with both executive leadership and independent oversight.

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Is ALLETE, Inc. overvalued or undervalued?

20-Sep-2025

As of June 30, 2025, ALLETE, Inc. is considered very expensive and overvalued, with a P/E ratio of 32 compared to peers and significantly lagging behind the S&P 500 in returns.

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Is ALLETE, Inc. technically bullish or bearish?

07-Oct-2025

As of October 3, 2025, ALLETE, Inc. shows a mildly bullish trend supported by weekly MACD and Bollinger Bands, despite short-term bearish daily moving averages, with recent performance outpacing the S&P 500 over the past week and month but lagging year-to-date.

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Compare ALLETE, Inc. with Similar Stocks

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Score

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Strong Sell

Sell

Hold

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Strong Buy

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Dashboard

Poor long term growth as Operating profit has grown by an annual rate -0.67% of over the last 5 years

Negative results in Jun 25

With ROCE of 3.53%, it has a very expensive valuation with a 1.20 Enterprise value to Capital Employed

Mojo Parameters

Stock DNA

Industry

Power

Market cap

USD 3,945 Million (Small Cap)

P/E

32.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.76

Return on Equity

3.05%

Price to Book

1.38

Revenue and Profits:

Net Sales:

360 Million

(Quarterly Results - Jun 2025)

Net Profit:

7 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

8.73%

6 Months

5.06%

1 Year

4.99%

2 Years

12.6%

3 Years

6.51%

4 Years

4.93%

5 Years

12.25%

ALLETE, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

5.95%

EBIT Growth (5y)

-0.67%

EBIT to Interest (avg)

2.04

Debt to EBITDA (avg)

4.61

Net Debt to Equity (avg)

0.64

Sales to Capital Employed (avg)

0.35

Tax Ratio

6.43%

Dividend Payout Ratio

90.91%

Pledged Shares

Institutional Holding

91.85%

ROCE (avg)

3.45%

ROE (avg)

5.36%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.32

EV to EBIT

33.89

EV to EBITDA

12.62

EV to Capital Employed

1.20

EV to Sales

3.68

PEG Ratio

Dividend Yield

ROCE (Latest)

3.53%

ROE (Latest)

4.17%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

No Signal

Bollinger Bands

Mildly Bullish

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Bearish

No Trend

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 103 Schemes (45.08%)

Foreign Institutions

Held by 124 Foreign Institutions (10.61%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val1": "23.10",
          "val2": "21.40",
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          "val1": "0.00",
          "val2": "0.00",
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          "field": "Consolidate Net Profit",
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          "field": "Operating Profit Margin (Excl OI)",
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        "Dec'24",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "438.30",
          "val2": "432.70",
          "chgp": "1.29%",
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        },
        {
          "field": "Interest",
          "val1": "81.70",
          "val2": "80.80",
          "chgp": "1.11%",
          "chgp_class": "negative"
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          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
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          "val1": "121.70",
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          "chgp_class": "negative"
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

360.30

400.20

-9.97%

Operating Profit (PBDIT) excl Other Income

92.90

124.40

-25.32%

Interest

23.10

21.40

7.94%

Exceptional Items

0.00

Consolidate Net Profit

6.60

34.70

-80.98%

Operating Profit Margin (Excl OI)

50.00%

132.40%

-8.24%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is -9.97% vs 9.70% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -80.98% vs 7.43% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

1,529.80

1,879.80

-18.62%

Operating Profit (PBDIT) excl Other Income

438.30

432.70

1.29%

Interest

81.70

80.80

1.11%

Exceptional Items

0.00

Consolidate Net Profit

121.70

178.90

-31.97%

Operating Profit Margin (Excl OI)

104.70%

96.20%

0.85%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -18.62% vs 19.68% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -31.97% vs 36.25% in Dec 2023

All Annual Results

Company CV

About ALLETE, Inc.

ALLETE, Inc.

Power

ALLETE, Inc. is an energy company. The Company's segments include Regulated Operations, ALLETE Clean Energy, Inc. (ALLETE Clean Energy), U.S. Water Services Holding Company (U.S. Water Services), and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power, and Superior Water, Light and Power Company, and its investment in American Transmission Company LLC. The ALLETE Clean Energy segment focuses on developing, acquiring and operating clean and renewable energy projects. The U.S. Water Services provides integrated water management for industry by combining chemical, equipment, engineering and service for customized solution. As of December 31, 2016, its Corporate and Other consisted of BNI Energy, Inc. (BNI Energy), its coal mining operations in North Dakota, ALLETE Properties, LLC (ALLETE Properties), its Florida real estate investment and approximately 5,000 acres of land in Minnesota.

Company Coordinates

Company Details

30 W SUPERIOR ST , DULUTH MN : 55802-2191

Tel: 1 218 2795000

https://www.allete.com/

Registrar Details

ALLETE, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is ALLETE, Inc.?

Watch in Real-Time

What does ALLETE, Inc. do?

Who are in the management team of ALLETE, Inc.?

Is ALLETE, Inc. overvalued or undervalued?

Is ALLETE, Inc. technically bullish or bearish?

Compare ALLETE, Inc. with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

Poor long term growth as Operating profit has grown by an annual rate -0.67% of over the last 5 years

Negative results in Jun 25

With ROCE of 3.53%, it has a very expensive valuation with a 1.20 Enterprise value to Capital Employed

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About ALLETE, Inc.

Company Coordinates