Canadian Utilities Limited trades with the ticker CU on the TSX and is in the Utilities – Diversified industry.
Overview
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, Ontario, Australia, 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.
Looking to invest in Canadian Utilities Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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CU.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $6352.558MM
PE Ratio: 13.343
Price: 30.93 (Updated: 3/12/2024 0:47:16)
Canadian Utilities Limited (CU) vs Competitors in Utilities – Diversified
Lets see how CU.TO stacks up against others in the Utilities – Diversified asset management industry. We have identified its main peers as:ATCO Ltd, Brookfield Infrastructure Partners L.P, Brookfield Infrastructure Partners L.P
.Utilities – Diversified Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| ATCO Ltd (ACO-X) | $4,273.008 | 9.976 | 6.286 | 5.1% |
| Brookfield Infrastructure Partners L.P (BIP-UN) | $18,993.584 | 216.316 | 10.744 | 5.4% |
| Canadian Utilities Limited (CU) | $6,352.558 | 13.343 | 8.65 | 5.8% |
| Canadian Utilities Limited (CU-X) | $8,731.099 | 15.78 | 10.131 | 5.2% |
| Brookfield Infrastructure Partners L.P (BIP-UN) | $18,993.584 | 216.316 | 10.744 | 5.4% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Utilities – Diversified
- Canadian Utilities Limited (CU) vs ATCO Ltd (ACO-X)
- ACO-X has higher EPS (3.82 vs 2.33). CU has higher dividend yield (5.8% vs 5.1%). CU has a higher P/E ratio (13.343 vs 9.976) indicating it’s more expensive.
- Canadian Utilities Limited (CU) vs Brookfield Infrastructure Partners L.P (BIP-UN)
- CU has higher EPS (2.33 vs 0.19). CU has higher dividend yield (5.8% vs 5.4%). BIP-UN has a higher P/E ratio (216.316 vs 13.343) indicating it’s more expensive.
- Canadian Utilities Limited (CU) vs Brookfield Infrastructure Partners L.P (BIP-UN)
- CU has higher EPS (2.33 vs 0.19). CU has higher dividend yield (5.8% vs 5.4%). BIP-UN has a higher P/E ratio (216.316 vs 13.343) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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