Altius Renewable Royalties (ARR) Competitors

C$9.50
-0.08 (-0.84%)
(As of 04/24/2024 05:23 PM ET)

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

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 Brookfield Renewable (BEPC). These companies are all part of the "utilities" sector.

Altius Renewable Royalties vs.

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

Tidewater Renewables presently has a consensus price target of C$12.44, indicating a potential upside of 66.72%. Altius Renewable Royalties has a consensus price target of C$11.90, indicating a potential upside of 25.26%. Given Altius Renewable Royalties' higher probable upside, research analysts plainly believe Tidewater Renewables is more favorable than Altius Renewable Royalties.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tidewater Renewables
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Altius Renewable Royalties
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

Altius Renewable Royalties has lower revenue, but higher earnings 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
Tidewater RenewablesC$97.68M2.66-C$41.02M-C$1.18-6.32
Altius Renewable RoyaltiesC$2.67M109.55-C$1.07M-C$0.05-190.00

In the previous week, Altius Renewable Royalties had 3 more articles in the media than Tidewater Renewables. MarketBeat recorded 4 mentions for Altius Renewable Royalties and 1 mentions for Tidewater Renewables. Tidewater Renewables' average media sentiment score of 0.89 beat Altius Renewable Royalties' score of 0.58 indicating that Altius Renewable Royalties is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tidewater Renewables
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Altius Renewable Royalties
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tidewater Renewables has a beta of 1.27, indicating that its stock price is 27% more volatile than the S&P 500. Comparatively, Altius Renewable Royalties has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500.

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 36.11% of users gave Tidewater Renewables an outperform vote.

CompanyUnderperformOutperform
Tidewater RenewablesOutperform Votes
13
36.11%
Underperform Votes
23
63.89%
Altius Renewable RoyaltiesOutperform Votes
29
72.50%
Underperform Votes
11
27.50%

Altius Renewable Royalties has a net margin of -40.19% compared to Altius Renewable Royalties' net margin of -41.99%. Tidewater Renewables' return on equity of -0.54% beat Altius Renewable Royalties' return on equity.

Company Net Margins Return on Equity Return on Assets
Tidewater Renewables-41.99% -7.72% -3.17%
Altius Renewable Royalties -40.19%-0.54%-0.73%

8.4% of Tidewater Renewables shares are owned by institutional investors. Comparatively, 22.9% of Altius Renewable Royalties shares are owned by institutional investors. 69.1% of Tidewater Renewables shares are owned by company insiders. Comparatively, 59.0% of Altius Renewable Royalties shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Altius Renewable Royalties beats Tidewater Renewables on 14 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$292.51MC$988.27MC$11.51BC$5.27B
Dividend YieldN/A4.73%4.22%5.50%
P/E Ratio-190.0058.0480.2323.92
Price / Sales109.5544.7126.251,398.66
Price / Cash4.3036.3617.7479.33
Price / Book1.421.291.843.09
Net Income-C$1.07MC$2.85MC$582.19MC$296.80M
7 Day Performance-1.04%-0.38%1.31%0.53%
1 Month Performance4.63%0.73%-0.25%13.86%
1 Year Performance14.32%-18.37%-3.03%21.45%

Altius Renewable Royalties Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LCFS
Tidewater Renewables
0 of 5 stars
N/AC$12.44
+∞
-17.0%C$261.35MC$97.68M-6.1437
PIF
Polaris Renewable Energy
1.9494 of 5 stars
C$11.71
flat
C$28.25
+141.2%
-12.5%C$246.85MC$78.52M15.41235Upcoming Earnings
MXG
Maxim Power
0 of 5 stars
C$4.47
-0.4%
N/A+10.3%C$226.54MC$41.46M9.1244
ACO.Y
ATCO
0 of 5 stars
C$38.50
flat
N/AN/AC$478.56MC$4.74B10.0820,175
CUP.U
Caribbean Utilities
0.5987 of 5 stars
C$13.84
+1.0%
C$12.50
-9.7%
+0.0%C$527.17MC$287.22M13.84226High Trading Volume
SXI
Synex Renewable Energy
0 of 5 stars
C$1.93
flat
N/AN/AC$9.07MC$2.69M-7.724
INE
Innergex Renewable Energy
3.7237 of 5 stars
C$8.11
+0.4%
C$13.36
+64.7%
-41.7%C$1.66BC$1.04B-15.90602Positive News
BLX
Boralex
3.6513 of 5 stars
C$27.57
+2.1%
C$40.50
+46.9%
-32.0%C$2.83BC$1.02B36.28753Analyst Revision
News Coverage
NPI
Northland Power
2.7422 of 5 stars
C$21.51
+1.8%
C$32.13
+49.3%
-36.5%C$5.50BC$2.23B-29.881,150
BEPC
Brookfield Renewable
0 of 5 stars
32.13
+2.5%
N/A-30.5%$5.77B$4.55B-23.281,890News Coverage

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This page (TSE:ARR) was last updated on 4/25/2024 by MarketBeat.com Staff

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