Hydro One Ltd trades with the ticker H on the TSX and is in the Utilities – Regulated Electric industry.
Overview
Hydro One Limited, through its subsidiaries, operates as an electricity transmission and distribution company in Ontario. The company operates through three segments: Transmission, Distribution, and Other. It owns and operates approximately 30,000 circuit kilometers of high-voltage transmission lines and approximately 125,000 circuit kilometers primary low-voltage distribution lines. The company serves residential, small business, commercial, and industrial customers, as well as municipal utilities. It also provides telecommunications support services for its transmission and distribution businesses; and information and communications technology services and solutions. The company was incorporated in 2015 and is headquartered in Toronto, Canada.
Looking to invest in Hydro One Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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H.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $24945.566MM
PE Ratio: 23.006
Price: 154.17 (Updated: 3/12/2024 0:47:16)
Hydro One Ltd (H) vs Competitors in Utilities – Regulated Electric
Lets see how H.TO stacks up against others in the Utilities – Regulated Electric asset management industry. We have identified its main peers as:Caribbean Utilities Company, Ltd, Emera Incorporated, Fortis Inc, Fortis Inc, Emera Incorporated
.Utilities – Regulated Electric Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Caribbean Utilities Company, Ltd (CUP-U) | $470.57 | 12.3 | 9.792 | 6.0% |
| Emera Incorporated (EMA) | $13,947.04 | 13.67 | 10.911 | 5.9% |
| Fortis Inc (FTS) | $26,521.242 | 17.439 | 11.179 | 4.4% |
| Fortis Inc (FTS) | $26,521.242 | 17.439 | 11.179 | 4.4% |
| Emera Incorporated (EMA) | $13,947.04 | 13.67 | 10.911 | 5.9% |
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 – Regulated Electric
- Hydro One Ltd (H) vs Caribbean Utilities Company, Ltd (CUP-U)
- H has higher EPS (1.81 vs 1.0). CUP-U has higher dividend yield (6.0% vs 2.8%). H has a higher P/E ratio (23.006 vs 12.3) indicating it’s more expensive.
- Hydro One Ltd (H) vs Emera Incorporated (EMA)
- EMA has higher EPS (3.57 vs 1.81). EMA has higher dividend yield (5.9% vs 2.8%). H has a higher P/E ratio (23.006 vs 13.67) indicating it’s more expensive.
- Hydro One Ltd (H) vs Fortis Inc (FTS)
- FTS has higher EPS (3.1 vs 1.81). FTS has higher dividend yield (4.4% vs 2.8%). H has a higher P/E ratio (23.006 vs 17.439) indicating it’s more expensive.
- Hydro One Ltd (H) vs Fortis Inc (FTS)
- FTS has higher EPS (3.1 vs 1.81). FTS has higher dividend yield (4.4% vs 2.8%). H has a higher P/E ratio (23.006 vs 17.439) indicating it’s more expensive.
- Hydro One Ltd (H) vs Emera Incorporated (EMA)
- EMA has higher EPS (3.57 vs 1.81). EMA has higher dividend yield (5.9% vs 2.8%). H has a higher P/E ratio (23.006 vs 13.67) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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