CU-X : Canadian Utilities Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

Canadian Utilities Limited trades with the ticker CU-X on the TSX and is in the Utilities – Diversified industry.

Overview
Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. The Utilities segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, and the Northwest Territories; 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, 16 compressor sites, approximately 3,700 receipt and delivery points, and a salt cavern natural gas storage peaking facility located near Fort Saskatchewan, Alberta in Canada. The Energy Infrastructure segment provides electricity generation, natural gas storage, industrial water, and related infrastructure development solutions in Alberta, the Yukon, the Northwest Territories, Australia, Mexico, and Chile. The Corporate & Other segment retails electricity and natural gas in Alberta. Canadian Utilities Limited was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited operates as 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.

CU-X.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $8731.099MM

PE Ratio: 15.78

Price: #N/A (Updated: 3/12/2024 0:47:16)



Canadian Utilities Limited (CU-X) vs Competitors in Utilities – Diversified

Lets see how CU-X.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-X) vs ATCO Ltd (ACO-X)
    • ACO-X has higher EPS (3.82 vs 2.18). CU-X has higher dividend yield (5.2% vs 5.1%). CU-X has a higher P/E ratio (15.78 vs 9.976) indicating it’s more expensive.
  • Canadian Utilities Limited (CU-X) vs Brookfield Infrastructure Partners L.P (BIP-UN)
    • CU-X has higher EPS (2.18 vs 0.19). BIP-UN has higher dividend yield (5.4% vs 5.2%). BIP-UN has a higher P/E ratio (216.316 vs 15.78) indicating it’s more expensive.
  • Canadian Utilities Limited (CU-X) vs Brookfield Infrastructure Partners L.P (BIP-UN)
    • CU-X has higher EPS (2.18 vs 0.19). BIP-UN has higher dividend yield (5.4% vs 5.2%). BIP-UN has a higher P/E ratio (216.316 vs 15.78) indicating it’s more expensive.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy CU-X stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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