ALLETE, Inc.

ALLETE, Inc.

ALEยทNYSE

$67.90

+0.0000%
UtilitiesDiversified Utilities

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

At a Glance

Live Snapshot
Market Cap$3.94B
EPS3.1074
P/E Ratio21.85
Earnings Date02/11/2026
ALLETE, Inc.

ALLETE, Inc. Fair Value Envelope

ALE ยท NYSE

Our analysis suggests that ALE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $67.9, this represents a potential HIDDEN relative to our calculated worth for ALLETE, Inc..

Intrinsic Value
Current Price: $67.9

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$335.7M
+ Cash & Equivalents$52.7M
Firm Value$388.4M
- Debt$1.8B
Equity Value-$1.4B
/ Shares Outstanding58,081,180B
DCF Value-$24
OVERVALUED BY 136%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$228.6M
$114.3M
$57.1M
$28.6M
$14.3M
$7.1M
$3.6M
$1.8M
$892.8K
$446.4K
Maintenance CapEx
-$35.5M
-$17.7M
-$8.9M
-$4.4M
-$2.2M
-$1.1M
-$554.5K
-$277.3K
-$138.6K
-$69.3K
Owner Earnings
$193.1M
$96.5M
$48.3M
$24.1M
$12.1M
$6.0M
$3.0M
$1.5M
$754.1K
$377.1K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$178.8M
$82.8M
$38.3M
$17.7M
$8.2M
$3.8M
$1.8M
$814.9K
$377.3K
$174.7K
Terminal Value represents 0.9% of Enterprise Value