ducovest

CU:CA:TSX-Canadian Utilities Limited (CAD)

COMMON STOCK | Utilities - Diversified |

Last Closing

CAD 35.46

Change

+0.46 (+1.31)%

Market Cap

CAD 7.27B

Volume

0.51M

Analyst Target

CAD 38.06
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia. It owns and operates approximately 9,100 kilometers of natural gas pipelines, 11 compressor sites, approximately 3,600 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The ATCO EnPower segment provides hydro, solar, wind, and natural gas electricity generation; natural gas storage; industrial water solutions; clean fuels, including hydrogen, carbon capture, and underground storage projects; and related infrastructure development in Alberta, the Yukon, the Northwest Territories, Australia, Ontario, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas; and provides whole-home solutions. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd. Address: West Building, Calgary, AB, Canada, T3E 8B4

Company Website : https://www.canadianutilities.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-24 )

Largest Industry Peers for Utilities - Diversified

Symbol Name Price(Change) Market Cap
BIP-UN:CA Brookfield Infrastructure Part..

-0.06 (-0.13%)

 CAD 21.08B
CU-PF:CA Canadian Utilities Ltd Pref F

-0.27 (-1.36%)

 CAD 9.90B
CU-PE:CA Canadian Util Bb Cum Red Sec P..

N/A

 CAD 9.75B
CU-PH:CA Canadian Utilities Ltd Pref H

+0.13 (+0.57%)

 CAD 9.67B
BIP-PB:CA Brookfield Infrastructure Part..

+0.15 (+0.62%)

 CAD 9.60B
CU-PI:CA Canadian Utilities Ltd Pref I

N/A

 CAD 9.60B
BIP-PE:CA Brookfield Infrastructure Part..

+0.01 (+0.04%)

 CAD 9.44B
BIP-PF:CA Brookfield Infrastructure Part..

-0.02 (-0.09%)

 CAD 9.09B
BIP-PA:CA Brookfield Infrastructure Part..

-0.15 (-0.70%)

 CAD 8.57B
ACO-X:CA ATCO Ltd

+0.48 (+1.05%)

 CAD 5.20B

ETFs Containing CU:CA

DXM 0.00 % 1.50 %

N/A

 N/A
FXM.A:CA 0.00 % 1.52 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 11.19% 17% F 50% F
Dividend Return 4.26% 100% F 85% B
Total Return 15.46% 33% F 60% D-
Trailing 12 Months  
Capital Gain 21.36% 75% C 63% D
Dividend Return 6.19% 100% F 86% B+
Total Return 27.54% 75% C 71% C-
Trailing 5 Years  
Capital Gain -9.89% 60% D- 23% F
Dividend Return 21.40% 100% F 78% C+
Total Return 11.51% 100% F 36% F
Average Annual (5 Year Horizon)  
Capital Gain -3.12% 83% B 18% F
Dividend Return 1.72% 100% F 37% F
Total Return 4.84% 82% B 89% A-
Risk Return Profile  
Volatility (Standard Deviation) 15.12% 25% F 54% F
Risk Adjusted Return 11.38% 83% B 34% F
Market Capitalization 7.27B 25% F 87% B+

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector