ATCO Ltd. (ACO-X.TO)

Utilities · TOR · Canada

CAD79.75-0.45% today

Fundamentals

Market capCAD5.66B
P/E ratio56.4
Dividend yield2.65%
Revenue growth (YoY)+1.1%
Profit margin3.1%
Return on equity3.0%
52-week rangeCAD47.52 to CAD80.61

Valuation and ratings

DCF fair valueCAD41.26
Upside to fair value-48.3%
Analyst target (mean)CAD72.86
Analyst rangeCAD69.00 to CAD85.00
Analysts covering7
Consensus viewbuy
Moat score42/100
Overall rating26/100, Sell

Fair value: CAD41.26 (-48.3%), see how we got there

ATCO Ltd. trades at CAD79.75, which is 48% above the CAD41.26 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 42 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 56.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ACO-X.TO dividend history

Dividend yield2.65%
Paid, trailing 12 monthsCAD2.05 per share
Most recent paymentCAD0.520, ex 28 May 2026
Ex-dividend date3 Sept 2026
Dividend payment date30 Sept 2026
5-year growth (p.a.)+3.0%
Consecutive years of growth19
Consecutive years paid31

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)CAD1.042
2025CAD2.024
2024CAD1.964
2023CAD1.904
2022CAD1.854
2021CAD1.794
2020CAD1.744
2019CAD1.624
2018CAD1.514
2017CAD1.314
2016CAD1.144

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

ACO-X.TO earnings and analyst estimates

Next earnings date29 Jul 2026 (in 3 days)
EPS estimate, next yearCAD5.11
Expected EPS growth+5.8%
Expected revenue growth+6.5%

Recommendation mix, 7 analyst ratings

3 buy4 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About ATCO Ltd.

ATCO Ltd., together with its subsidiaries, engages in the energy, logistics and transportation, shelter, and real estate services in Canada, Australia, and internationally. The company engages in electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, storage and industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and home maintenance solutions. It also offers residential and workforce housing, modular facilities, construction, site support, workforce lodging, facility operations and maintenance, defense operations, and disaster and emergency management services. In addition, the company provides commercial real estate business that holds investments for sale, lease, and development; recycling and marketing of ash; and generates electricity through hydro, solar, wind, and natural gas facilities; retail electricity and natural gas, home products, and home maintenance services; and retail food services under Blue Flame Kitchen brand name, as well as professional home advices. Further, the company provides ports and transportation logistics; natural gas liquids storage services; and integrated water services, including pipeline transportation, storage, water treatment, recycling, and disposal to various industrial customers. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO Ltd. is a subsidiary of Sentgraf Enterprises Ltd.

Industry: Utilities - DiversifiedEmployees: 20,369HQ: Canada

ACO-X.TO passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is ATCO Ltd. (ACO-X.TO) undervalued?

Against our discounted cash flow estimate of CAD41.26, ACO-X.TO at CAD79.75 is 48% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is ACO-X.TO's P/E ratio?

ACO-X.TO trades at 56.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does ATCO Ltd. (ACO-X.TO) pay a dividend?

Yes. ATCO Ltd. yields 2.65% at the current share price. It has paid CAD2.05 per share over the trailing twelve months. It has paid a dividend in each of the last 31 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

When does ACO-X.TO report earnings next?

ATCO Ltd. is scheduled to report on 29 Jul 2026. Companies move earnings dates, so read it as scheduled rather than certain.

The full research page for ACO-X.TO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.