CANADIAN UTILITIES LTD - CUCN 5.2 PERP (CU-PR-C.CA) Stock Fundamental Analysis
TSX:CU-PR-C - Toronto Stock Exchange - CA1367176916 - Currency: CAD
Overall CU-PR-C gets a fundamental rating of 5 out of 10. We evaluated CU-PR-C against 21 industry peers in the Multi-Utilities industry. Both the profitability and the financial health of CU-PR-C get a neutral evaluation. Nothing too spectacular is happening here. CU-PR-C is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CU-PR-C had positive earnings in the past year.
In the past year CU-PR-C had a positive cash flow from operations.
Each year in the past 5 years CU-PR-C has been profitable.
In the past 5 years CU-PR-C always reported a positive cash flow from operatings.
1.2 Ratios
CU-PR-C's Return On Assets of 1.82% is fine compared to the rest of the industry. CU-PR-C outperforms 73.68% of its industry peers.
CU-PR-C has a Return On Equity of 6.17%. This is in the better half of the industry: CU-PR-C outperforms 63.16% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.58%, CU-PR-C is doing worse than 78.95% of the companies in the same industry.
CU-PR-C had an Average Return On Invested Capital over the past 3 years of 3.79%. This is in line with the industry average of 2.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.82% | ||
| ROE | 6.17% | ||
| ROIC | 2.59% |
ROA(3y)2.27%
ROA(5y)2.6%
ROE(3y)7.37%
ROE(5y)8.14%
ROIC(3y)3.79%
ROIC(5y)4.06%
1.3 Margins
CU-PR-C has a better Profit Margin (11.35%) than 73.68% of its industry peers.
In the last couple of years the Profit Margin of CU-PR-C has grown nicely.
Looking at the Operating Margin, with a value of 20.21%, CU-PR-C is doing worse than 63.16% of the companies in the same industry.
In the last couple of years the Operating Margin of CU-PR-C has grown nicely.
CU-PR-C has a better Gross Margin (86.40%) than 73.68% of its industry peers.
CU-PR-C's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.21% | ||
| PM (TTM) | 11.35% | ||
| GM | 86.4% |
OM growth 3Y-2.68%
OM growth 5Y2.04%
PM growth 3Y14.23%
PM growth 5Y5.08%
GM growth 3Y-0.45%
GM growth 5Y2.15%
2. Health
2.1 Basic Checks
CU-PR-C has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CU-PR-C has more shares outstanding than it did 1 year ago.
CU-PR-C has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CU-PR-C has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.69, we must say that CU-PR-C is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 0.69, CU-PR-C is doing good in the industry, outperforming 73.68% of the companies in the same industry.
CU-PR-C has a debt to FCF ratio of 23.27. This is a negative value and a sign of low solvency as CU-PR-C would need 23.27 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 23.27, CU-PR-C is doing good in the industry, outperforming 63.16% of the companies in the same industry.
CU-PR-C has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.57, CU-PR-C perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 23.27 | ||
| Altman-Z | 0.69 |
ROIC/WACC0.53
WACC4.89%
2.3 Liquidity
CU-PR-C has a Current Ratio of 1.63. This is a normal value and indicates that CU-PR-C is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CU-PR-C (1.63) is better than 63.16% of its industry peers.
CU-PR-C has a Quick Ratio of 1.55. This is a normal value and indicates that CU-PR-C is financially healthy and should not expect problems in meeting its short term obligations.
CU-PR-C has a better Quick ratio (1.55) than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
CU-PR-C shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.91%.
CU-PR-C shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.44% yearly.
The Revenue has decreased by -4.94% in the past year.
Measured over the past years, CU-PR-C shows a decrease in Revenue. The Revenue has been decreasing by -2.81% on average per year.
EPS 1Y (TTM)4.91%
EPS 3Y5.32%
EPS 5Y0.44%
EPS Q2Q%18.75%
Revenue 1Y (TTM)-4.94%
Revenue growth 3Y5.5%
Revenue growth 5Y-2.81%
Sales Q2Q%-0.25%
3.2 Future
The Earnings Per Share is expected to grow by 2.54% on average over the next years.
The Revenue is expected to grow by 3.05% on average over the next years.
EPS Next Y6.24%
EPS Next 2Y3.46%
EPS Next 3Y3.57%
EPS Next 5Y2.54%
Revenue Next Year4.84%
Revenue Next 2Y2.65%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.11 indicates a reasonable valuation of CU-PR-C.
Based on the Price/Earnings ratio, CU-PR-C is valued a bit cheaper than 73.68% of the companies in the same industry.
CU-PR-C is valuated cheaply when we compare the Price/Earnings ratio to 29.62, which is the current average of the S&P500 Index.
CU-PR-C is valuated reasonably with a Price/Forward Earnings ratio of 8.73.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CU-PR-C indicates a somewhat cheap valuation: CU-PR-C is cheaper than 73.68% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CU-PR-C to the average of the S&P500 Index (22.70), we can say CU-PR-C is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.11 | ||
| Fwd PE | 8.73 |
4.2 Price Multiples
CU-PR-C's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CU-PR-C is more expensive than 63.16% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CU-PR-C is valued a bit cheaper than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.38 | ||
| EV/EBITDA | 9.82 |
4.3 Compensation for Growth
CU-PR-C's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CU-PR-C has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.46
PEG (5Y)20.59
EPS Next 2Y3.46%
EPS Next 3Y3.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.35%, CU-PR-C is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.33, CU-PR-C pays a better dividend. On top of this CU-PR-C pays more dividend than 84.21% of the companies listed in the same industry.
CU-PR-C's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
5.2 History
The dividend of CU-PR-C has a limited annual growth rate of 4.49%.
CU-PR-C has been paying a dividend for at least 10 years, so it has a reliable track record.
CU-PR-C has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.49%
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
126.89% of the earnings are spent on dividend by CU-PR-C. This is not a sustainable payout ratio.
The dividend of CU-PR-C is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP126.89%
EPS Next 2Y3.46%
EPS Next 3Y3.57%
CANADIAN UTILITIES LTD - CUCN 5.2 PERP
TSX:CU-PR-C (2/20/2025, 7:00:00 PM)
21.41
-0.03 (-0.14%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners15.17%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap4.39B
Analysts77.14
Price Target24.62 (14.99%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
Yearly Dividend1.98
Dividend Growth(5Y)4.49%
DP126.89%
Div Incr Years2
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.6%
Min EPS beat(2)1.33%
Max EPS beat(2)7.87%
EPS beat(4)2
Avg EPS beat(4)1.74%
Min EPS beat(4)-2.13%
Max EPS beat(4)7.87%
EPS beat(8)3
Avg EPS beat(8)-0.38%
EPS beat(12)7
Avg EPS beat(12)2.71%
EPS beat(16)11
Avg EPS beat(16)3.17%
Revenue beat(2)2
Avg Revenue beat(2)8.97%
Min Revenue beat(2)6.77%
Max Revenue beat(2)11.16%
Revenue beat(4)2
Avg Revenue beat(4)-2.92%
Min Revenue beat(4)-17.74%
Max Revenue beat(4)11.16%
Revenue beat(8)5
Avg Revenue beat(8)1.34%
Revenue beat(12)9
Avg Revenue beat(12)6.17%
Revenue beat(16)10
Avg Revenue beat(16)3.31%
PT rev (1m)5.42%
PT rev (3m)10.77%
EPS NQ rev (1m)-0.37%
EPS NQ rev (3m)-0.37%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)1.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.11 | ||
| Fwd PE | 8.73 | ||
| P/S | 1.17 | ||
| P/FCF | 9.38 | ||
| P/OCF | 2.31 | ||
| P/B | 0.64 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 9.82 |
EPS(TTM)2.35
EY10.98%
EPS(NY)2.45
Fwd EY11.45%
FCF(TTM)2.28
FCFY10.66%
OCF(TTM)9.25
OCFY43.2%
SpS18.22
BVpS33.55
TBVpS28.08
PEG (NY)1.46
PEG (5Y)20.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.82% | ||
| ROE | 6.17% | ||
| ROCE | 3.34% | ||
| ROIC | 2.59% | ||
| ROICexc | 2.63% | ||
| ROICexgc | 2.77% | ||
| OM | 20.21% | ||
| PM (TTM) | 11.35% | ||
| GM | 86.4% | ||
| FCFM | 12.53% |
ROA(3y)2.27%
ROA(5y)2.6%
ROE(3y)7.37%
ROE(5y)8.14%
ROIC(3y)3.79%
ROIC(5y)4.06%
ROICexc(3y)3.9%
ROICexc(5y)4.21%
ROICexgc(3y)4.08%
ROICexgc(5y)4.39%
ROCE(3y)4.92%
ROCE(5y)5.26%
ROICexcg growth 3Y-1.21%
ROICexcg growth 5Y-1.87%
ROICexc growth 3Y-1.8%
ROICexc growth 5Y-2.29%
OM growth 3Y-2.68%
OM growth 5Y2.04%
PM growth 3Y14.23%
PM growth 5Y5.08%
GM growth 3Y-0.45%
GM growth 5Y2.15%
F-Score5
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 23.27 | ||
| Debt/EBITDA | 7.24 | ||
| Cap/Depr | 192.71% | ||
| Cap/Sales | 38.23% | ||
| Interest Coverage | 1.42 | ||
| Cash Conversion | 126.74% | ||
| Profit Quality | 110.38% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z | 0.69 |
F-Score5
WACC4.89%
ROIC/WACC0.53
Cap/Depr(3y)195.16%
Cap/Depr(5y)182.15%
Cap/Sales(3y)34.61%
Cap/Sales(5y)31.62%
Profit Quality(3y)119.98%
Profit Quality(5y)120.26%
High Growth Momentum
Growth
EPS 1Y (TTM)4.91%
EPS 3Y5.32%
EPS 5Y0.44%
EPS Q2Q%18.75%
EPS Next Y6.24%
EPS Next 2Y3.46%
EPS Next 3Y3.57%
EPS Next 5Y2.54%
Revenue 1Y (TTM)-4.94%
Revenue growth 3Y5.5%
Revenue growth 5Y-2.81%
Sales Q2Q%-0.25%
Revenue Next Year4.84%
Revenue Next 2Y2.65%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
EBIT growth 1Y-36.77%
EBIT growth 3Y2.67%
EBIT growth 5Y-0.83%
EBIT Next Year240.7%
EBIT Next 3Y58.38%
EBIT Next 5Y29.4%
FCF growth 1Y-40.31%
FCF growth 3Y-15.88%
FCF growth 5YN/A
OCF growth 1Y-7.15%
OCF growth 3Y2.96%
OCF growth 5Y15.39%