Altius Renewable Royalties (ARR) Competitors

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.

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

Tidewater Renewables has a beta of 1.44, indicating that its stock price is 44% 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.

Tidewater Renewables presently has a consensus target price of C$12.31, indicating a potential upside of 53.91%. Altius Renewable Royalties has a consensus target price of C$11.90, indicating a potential upside of 28.65%. Given Altius Renewable Royalties' higher probable upside, equities 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)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Altius Renewable Royalties
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20

In the previous week, Tidewater Renewables had 2 more articles in the media than Altius Renewable Royalties. MarketBeat recorded 2 mentions for Tidewater Renewables and 0 mentions for Altius Renewable Royalties. Tidewater Renewables' average media sentiment score of 0.15 beat Altius Renewable Royalties' score of 0.00 indicating that Altius Renewable Royalties is being referred to more favorably in the news media.

Company Overall Sentiment
Tidewater Renewables Neutral
Altius Renewable Royalties Neutral

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$97.68M2.85-C$41.02M-C$1.18-6.78
Altius Renewable RoyaltiesC$2.67M106.67-C$1.21M-C$0.06-154.17

8.0% of Tidewater Renewables shares are held by institutional investors. Comparatively, 22.2% of Altius Renewable Royalties shares are held by institutional investors. 69.0% of Tidewater Renewables shares are held by company insiders. Comparatively, 59.1% of Altius Renewable Royalties shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Tidewater Renewables has a net margin of -41.99% compared to Tidewater Renewables' net margin of -227.79%. Tidewater Renewables' return on equity of -0.60% 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 -227.79%-0.60%-0.51%

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

Summary

Altius Renewable Royalties beats Tidewater Renewables on 12 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$284.81MC$1.23BC$12.22BC$5.47B
Dividend YieldN/A4.55%4.05%5.54%
P/E Ratio-154.1758.5484.9023.84
Price / Sales106.6744.3328.742,190.61
Price / Cash4.3037.4218.1179.74
Price / Book1.061.281.883.25
Net Income-C$1.21MC$84.93MC$593.37MC$293.63M
7 Day Performance-2.43%0.16%1.31%1.54%
1 Month Performance-3.65%3.70%6.95%4.15%
1 Year Performance6.08%-17.60%3.70%26.85%

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%
-1.8%C$276.31MC$97.68M-6.7337News Coverage
PIF
Polaris Renewable Energy
1.7099 of 5 stars
C$12.29
-1.7%
C$27.00
+119.7%
-15.2%C$259.07MC$79.04M16.39235
MXG
Maxim Power
0 of 5 stars
C$4.05
+1.8%
N/A+1.8%C$205.25MC$41.46M8.2744News Coverage
High 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
0.801 of 5 stars
C$13.99
-0.1%
C$12.50
-10.7%
N/AC$532.88MC$287.22M13.99226Analyst Forecast
SXI
Synex Renewable Energy
0 of 5 stars
C$2.01
flat
N/A-1.0%C$9.45MC$2.69M-8.044Upcoming Earnings
Positive News
INE
Innergex Renewable Energy
2.6131 of 5 stars
C$8.43
-1.7%
C$12.53
+48.7%
-35.5%C$1.72BC$1.04B-16.53602
BLX
Boralex
3.1604 of 5 stars
C$29.35
-1.5%
C$40.00
+36.3%
-17.6%C$3.02BC$1.02B38.62753Dividend Announcement
Analyst Forecast
Analyst Revision
News Coverage
NPI
Northland Power
4.0668 of 5 stars
C$21.83
0.0%
C$31.79
+45.6%
-19.8%C$5.58BC$2.23B-30.321,150Dividend Announcement
Analyst Upgrade
Analyst Revision
News Coverage
AQN
Algonquin Power & Utilities
0.102 of 5 stars
C$8.86
-0.7%
C$7.08
-20.1%
-21.1%C$6.11BC$2.70B221.503,946Dividend Cut
Analyst Revision
News Coverage

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This page (TSE:ARR) was last updated on 5/18/2024 by MarketBeat.com Staff

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