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Altius Renewable Royalties (ARR) Competitors

C$9.15
-0.10 (-1.08%)
(As of 12:19 PM ET)

ARR vs. LCFS, PIF, MXG, ACO.Y, CUP.U, SXI, INE, BLX, NPI, and AQN

Should you be buying Altius Renewable Royalties stock or one of its competitors? The main competitors of Altius Renewable Royalties include Tidewater Renewables (LCFS), Polaris Renewable Energy (PIF), Maxim Power (MXG), ATCO (ACO.Y), Caribbean Utilities (CUP.U), Synex Renewable Energy (SXI), Innergex Renewable Energy (INE), Boralex (BLX), Northland Power (NPI), and Algonquin Power & Utilities (AQN). These companies are all part of the "utilities" sector.

Altius Renewable Royalties vs.

Altius Renewable Royalties (TSE:ARR) and Tidewater Renewables (TSE:LCFS) are both small-cap utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, risk, media sentiment, valuation, dividends, profitability, analyst recommendations, institutional ownership and community ranking.

22.2% of Altius Renewable Royalties shares are owned by institutional investors. Comparatively, 8.1% of Tidewater Renewables shares are owned by institutional investors. 59.1% of Altius Renewable Royalties shares are owned by company insiders. Comparatively, 69.0% of Tidewater Renewables shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Altius Renewable Royalties currently has a consensus price target of C$11.90, suggesting a potential upside of 30.05%. Tidewater Renewables has a consensus price target of C$12.31, suggesting a potential upside of 56.05%. Given Tidewater Renewables' higher possible upside, analysts plainly believe Tidewater Renewables is more favorable than Altius Renewable Royalties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Altius Renewable Royalties
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20
Tidewater Renewables
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

Altius Renewable Royalties received 16 more outperform votes than Tidewater Renewables when rated by MarketBeat users. Likewise, 72.50% of users gave Altius Renewable Royalties an outperform vote while only 35.14% of users gave Tidewater Renewables an outperform vote.

CompanyUnderperformOutperform
Altius Renewable RoyaltiesOutperform Votes
29
72.50%
Underperform Votes
11
27.50%
Tidewater RenewablesOutperform Votes
13
35.14%
Underperform Votes
24
64.86%

Tidewater Renewables has a net margin of -6.25% compared to Altius Renewable Royalties' net margin of -227.79%. Altius Renewable Royalties' return on equity of -0.60% beat Tidewater Renewables' return on equity.

Company Net Margins Return on Equity Return on Assets
Altius Renewable Royalties-227.79% -0.60% -0.51%
Tidewater Renewables -6.25%-2.25%-0.19%

Altius Renewable Royalties has higher earnings, but lower revenue than Tidewater Renewables. Altius Renewable Royalties is trading at a lower price-to-earnings ratio than Tidewater Renewables, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Altius Renewable RoyaltiesC$2.67M105.52-C$1.21M-C$0.06-152.50
Tidewater RenewablesC$189.02M1.45-C$11.82M-C$0.35-22.54

Altius Renewable Royalties has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500. Comparatively, Tidewater Renewables has a beta of 1.44, indicating that its stock price is 44% more volatile than the S&P 500.

In the previous week, Tidewater Renewables had 1 more articles in the media than Altius Renewable Royalties. MarketBeat recorded 1 mentions for Tidewater Renewables and 0 mentions for Altius Renewable Royalties. Tidewater Renewables' average media sentiment score of 0.59 beat Altius Renewable Royalties' score of 0.00 indicating that Tidewater Renewables is being referred to more favorably in the news media.

Company Overall Sentiment
Altius Renewable Royalties Neutral
Tidewater Renewables Positive

Summary

Altius Renewable Royalties beats Tidewater Renewables on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ARR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ARR vs. The Competition

MetricAltius Renewable RoyaltiesUtilities IndustryUtilities SectorTSE Exchange
Market CapC$281.73MC$1.14BC$11.97BC$4.66B
Dividend YieldN/A4.48%4.08%6.70%
P/E Ratio-152.5055.9882.0526.91
Price / Sales105.5244.5528.802,178.45
Price / Cash4.3036.3618.4672.11
Price / Book1.051.291.913.50
Net Income-C$1.21MC$63.87MC$582.01MC$276.81M
7 Day Performance-1.08%2.12%1.04%1.41%
1 Month PerformanceN/A5.53%6.57%4.25%
1 Year PerformanceN/A-18.05%3.70%27.06%

Altius Renewable Royalties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LCFS
Tidewater Renewables
0 of 5 stars
C$7.94
+1.4%
C$12.31
+55.1%
N/AC$276.31MC$97.68M-6.7337
PIF
Polaris Renewable Energy
0.9906 of 5 stars
C$12.29
-1.7%
C$27.00
+119.7%
-12.8%C$259.07MC$79.04M16.39235
MXG
Maxim Power
0 of 5 stars
C$4.05
+1.8%
N/A+3.1%C$205.25MC$41.46M8.2744High Trading Volume
ACO.Y
ATCO
0 of 5 stars
C$42.50
-0.9%
N/AN/AC$528.28MC$4.71B11.6120,175
CUP.U
Caribbean Utilities
0.8113 of 5 stars
C$13.99
-0.1%
C$12.50
-10.7%
+4.0%C$532.88MC$287.22M13.99226
SXI
Synex Renewable Energy
0 of 5 stars
C$2.01
flat
N/A+3.8%C$9.45MC$2.69M-8.044Positive News
INE
Innergex Renewable Energy
2.42 of 5 stars
C$8.43
-1.7%
C$12.53
+48.7%
-34.3%C$1.72BC$1.04B-16.53602
BLX
Boralex
3.3909 of 5 stars
C$29.35
-1.5%
C$40.00
+36.3%
-15.0%C$3.02BC$1.02B38.62753Dividend Announcement
Analyst Revision
News Coverage
NPI
Northland Power
4.0187 of 5 stars
C$21.83
0.0%
C$31.79
+45.6%
-19.1%C$5.58BC$2.23B-30.321,150Analyst Revision
News Coverage
AQN
Algonquin Power & Utilities
0.0982 of 5 stars
C$8.86
-0.7%
C$7.08
-20.1%
-20.8%C$6.11BC$2.70B221.503,946

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This page (TSE:ARR) was last updated on 5/21/2024 by MarketBeat.com Staff

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