Alliant Energy Intrinsic Value Calculator – ALLIANT ENERGY Reports Second Quarter Earnings for FY2023 on August 4th
August 7, 2023
☀️Earnings Overview
On August 4th, 2023, ALLIANT ENERGY ($NASDAQ:LNT) announced their earnings results for the second quarter of FY2023, which concluded on June 30th 2023. Revenue for this period was USD 912.0 million, a 3.3% decrease from the same quarter the year prior. Net income for the quarter, however, rose 0.6% year over year to USD 160.0 million.
Share Price
The stock opened at $52.1 and closed at $51.3, representing a decrease of 0.9% from the prior closing price of 51.8. Despite the lower than expected results, ALLIANT ENERGY remains committed to providing reliable and affordable energy solutions to customers across the Midwest. The company continues to invest in renewable energy technologies such as solar, wind, and hydropower, helping to reduce emissions and lower costs for consumers.
In addition, ALLIANT ENERGY recently announced plans to upgrade its existing infrastructure to provide faster and more reliable service. In light of these results, shareholders should remain cautiously optimistic about ALLIANT ENERGY’s long-term prospects. Despite the temporary dip in earnings, the company is in a strong financial position and is well-positioned to capitalize on future growth opportunities. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Alliant Energy. More…
| Total Revenues | Net Income | Net Margin |
| 4.18k | 658 | 13.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Alliant Energy. More…
| Operations | Investing | Financing |
| 497 | -1.04k | 542 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Alliant Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 20.38k | 13.93k | 25.67 |
Key Ratios Snapshot
Some of the financial key ratios for Alliant Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.6% | 3.9% | 24.6% |
| FCF Margin | ROE | ROA |
| 11.9% | 10.1% | 3.2% |
Analysis – Alliant Energy Intrinsic Value Calculator
At GoodWhale, we have conducted a detailed analysis of Alliant Energy‘s fundamentals in order to determine the fair value of the company’s share. Our proprietary Valuation Line indicates that the fair value of an Alliant Energy share is approximately $61.1. Currently, Alliant Energy stock is being traded at $51.3, which is significantly lower than the fair value calculated by our Valuation Line. This indicates that Alliant Energy is currently undervalued by 16.1%. We believe that investing in Alliant Energy stock at this price could be a great opportunity for potential investors. More…
Peers
The electricity and natural gas industries are undergoing a phase of intense competition, as companies vie for market share. Alliant Energy Corp is one of the leading competitors in this space, along with Ameren Corp, Chesapeake Utilities Corp, and National Grid PLC. These companies are all fighting for a piece of the pie, and it’s only going to get more heated as time goes on.
– Ameren Corp ($NYSE:AEE)
Ameren Corporation is a utility holding company headquartered in St. Louis, Missouri, United States. Ameren operates through its subsidiaries, including two electric utility subsidiaries and one natural gas subsidiary. These companies serve customers in Illinois and Missouri. In Illinois, Ameren owns and operates Ameren Illinois, which serves more than 1.2 million electric customers and more than 900,000 natural gas customers. In Missouri, Ameren owns and operates Ameren Missouri, which serves more than 1.1 million electric customers and more than 900,000 natural gas customers.
Ameren’s market cap is 20.04B as of 2022. The company has a Return on Equity of 10.16%.
Ameren Corporation is a utility holding company that owns and operates two electric utility subsidiaries and one natural gas subsidiary. These companies serve customers in Illinois and Missouri. In Illinois, Ameren owns and operates Ameren Illinois, which serves more than 1.2 million electric customers and more than 900,000 natural gas customers. In Missouri, Ameren owns and operates Ameren Missouri, which serves more than 1.1 million electric customers and more than 900,000 natural gas customers.
– Chesapeake Utilities Corp ($NYSE:CPK)
Chesapeake Utilities Corporation is an energy delivery company. The Company’s segments include Gas Distribution, Gas Marketing, Electric Distribution, Electric Transmission, Pipelines and Storage and Corporate. The Gas Distribution segment provides natural gas service to residential, commercial and industrial customers in Delaware and Maryland. The Gas Marketing segment purchases and sells natural gas. The Electric Distribution segment provides electric service to residential, commercial and industrial customers in Delaware and Maryland. The Electric Transmission segment provides electric transmission service to customers in Delaware. The Pipelines and Storage segment owns and operates natural gas pipelines and storage facilities in Delaware. The Corporate segment includes the operations of the Company’s holding company, as well as other general corporate and administrative activities.
– National Grid PLC ($LSE:NG.)
National Grid PLC is a British multinational electricity and gas utility company headquartered in London, United Kingdom. It is a FTSE 100 Index constituent.
National Grid is the largest electricity transmission and distribution network operator in the United Kingdom, serving a population of more than 50 million people. The company also owns and operates the gas National Transmission System in Great Britain, with over 2,200 miles (3,500 km) of high-pressure pipelines.
National Grid has a market capitalization of £32.96 billion as of April 2021 and a return on equity of 13.12%. The company is involved in the generation, transmission, and distribution of electricity and gas. National Grid also owns and operates the gas National Transmission System in Great Britain.
Summary
Alliant Energy reported strong earnings for the second quarter of FY2023, ending June 30 2023, with total revenue of USD 912.0 million and net income of USD 160.0 million. Although revenue decreased slightly year-over-year, net income was up 0.6%. Investors in Alliant Energy can appreciate the steady growth in profits and consider the company as a good long-term investment.
The recent quarterly results demonstrate positive earnings momentum and demonstrate Alliant Energy’s strong financial performance. Based on these figures, investors can feel confident about their investments in Alliant Energy and continue to anticipate growth in the future.
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