CANADIAN UTILITIES LTD-A (CU.CA) Stock Fundamental Analysis

TSX:CU • CA1367178326

45.91 CAD
+0.31 (+0.68%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall CU gets a fundamental rating of 3 out of 10. We evaluated CU against 19 industry peers in the Multi-Utilities industry. While CU is still in line with the averages on profitability rating, there are concerns on its financial health. CU has a expensive valuation and it also scores bad on growth. Finally CU also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • CU had positive earnings in the past year.
  • In the past year CU had a positive cash flow from operations.
  • Each year in the past 5 years CU has been profitable.
  • CU had a positive operating cash flow in each of the past 5 years.
CU.CA Yearly Net Income VS EBIT VS OCF VS FCFCU.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

1.2 Ratios

  • CU has a Return On Assets of 2.16%. This is comparable to the rest of the industry: CU outperforms 47.37% of its industry peers.
  • CU has a Return On Equity (7.68%) which is in line with its industry peers.
  • The Return On Invested Capital of CU (3.86%) is worse than 68.42% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CU is in line with the industry average of 3.77%.
  • The 3 year average ROIC (3.80%) for CU is below the current ROIC(3.86%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.16%
ROE 7.68%
ROIC 3.86%
ROA(3y)2.32%
ROA(5y)2.06%
ROE(3y)7.67%
ROE(5y)6.68%
ROIC(3y)3.8%
ROIC(5y)3.75%
CU.CA Yearly ROA, ROE, ROICCU.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 14.43%, CU is in line with its industry, outperforming 47.37% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CU has declined.
  • CU has a Operating Margin of 31.51%. This is comparable to the rest of the industry: CU outperforms 47.37% of its industry peers.
  • CU's Operating Margin has declined in the last couple of years.
  • CU has a Gross Margin (88.73%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of CU has remained more or less at the same level.
Industry RankSector Rank
OM 31.51%
PM (TTM) 14.43%
GM 88.73%
OM growth 3Y1.06%
OM growth 5Y-4.58%
PM growth 3Y4.89%
PM growth 5Y-13.81%
GM growth 3Y1.25%
GM growth 5Y0.22%
CU.CA Yearly Profit, Operating, Gross MarginsCU.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CU is destroying value.
  • Compared to 1 year ago, CU has more shares outstanding
  • CU has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for CU is higher compared to a year ago.
CU.CA Yearly Shares OutstandingCU.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
CU.CA Yearly Total Debt VS Total AssetsCU.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • Based on the Altman-Z score of 0.88, we must say that CU is in the distress zone and has some risk of bankruptcy.
  • CU's Altman-Z score of 0.88 is amongst the best of the industry. CU outperforms 89.47% of its industry peers.
  • The Debt to FCF ratio of CU is 34.08, which is on the high side as it means it would take CU, 34.08 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 34.08, CU perfoms like the industry average, outperforming 52.63% of the companies in the same industry.
  • A Debt/Equity ratio of 1.68 is on the high side and indicates that CU has dependencies on debt financing.
  • CU's Debt to Equity ratio of 1.68 is in line compared to the rest of the industry. CU outperforms 42.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.68
Debt/FCF 34.08
Altman-Z 0.88
ROIC/WACC0.68
WACC5.67%
CU.CA Yearly LT Debt VS Equity VS FCFCU.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • CU has a Current Ratio of 1.56. This is a normal value and indicates that CU is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of CU (1.56) is comparable to the rest of the industry.
  • A Quick Ratio of 1.48 indicates that CU should not have too much problems paying its short term obligations.
  • CU has a Quick ratio of 1.48. This is comparable to the rest of the industry: CU outperforms 52.63% of its industry peers.
Industry RankSector Rank
Current Ratio 1.56
Quick Ratio 1.48
CU.CA Yearly Current Assets VS Current LiabilitesCU.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for CU have decreased by -2.13% in the last year.
  • CU shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.09% yearly.
  • CU shows a decrease in Revenue. In the last year, the revenue decreased by -0.94%.
  • Measured over the past years, CU shows a decrease in Revenue. The Revenue has been decreasing by -0.85% on average per year.
EPS 1Y (TTM)-2.13%
EPS 3Y1.06%
EPS 5Y0.09%
EPS Q2Q%5.26%
Revenue 1Y (TTM)-0.94%
Revenue growth 3Y2.11%
Revenue growth 5Y-0.85%
Sales Q2Q%-2.22%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.88% on average over the next years.
  • Based on estimates for the next years, CU will show a small growth in Revenue. The Revenue will grow by 1.45% on average per year.
EPS Next Y11.35%
EPS Next 2Y7.18%
EPS Next 3Y6.77%
EPS Next 5Y5.88%
Revenue Next Year-4.75%
Revenue Next 2Y-0.31%
Revenue Next 3Y1.45%
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.
CU.CA Yearly Revenue VS EstimatesCU.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
CU.CA Yearly EPS VS EstimatesCU.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.5 1 1.5 2 2.5

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 19.96 indicates a rather expensive valuation of CU.
  • CU's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.68. CU is valued slightly cheaper when compared to this.
  • With a Price/Forward Earnings ratio of 17.84, CU is valued on the expensive side.
  • CU's Price/Forward Earnings is on the same level as the industry average.
  • CU's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 19.96
Fwd PE 17.84
CU.CA Price Earnings VS Forward Price EarningsCU.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 73.68% of the companies in the same industry are cheaper than CU, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CU is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 26.65
EV/EBITDA 11.11
CU.CA Per share dataCU.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.76
PEG (5Y)222.96
EPS Next 2Y7.18%
EPS Next 3Y6.77%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.01%, CU is a good candidate for dividend investing.
  • CU's Dividend Yield is a higher than the industry average which is at 4.69.
  • Compared to an average S&P500 Dividend Yield of 1.84, CU pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.01%

5.2 History

  • The dividend of CU has a limited annual growth rate of 0.91%.
  • CU has been paying a dividend for at least 10 years, so it has a reliable track record.
  • CU has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.91%
Div Incr Years34
Div Non Decr Years34
CU.CA Yearly Dividends per shareCU.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 107.49% of the earnings are spent on dividend by CU. This is not a sustainable payout ratio.
  • CU's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP107.49%
EPS Next 2Y7.18%
EPS Next 3Y6.77%
CU.CA Yearly Income VS Free CF VS DividendCU.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M
CU.CA Dividend Payout.CU.CA Dividend Payout, showing the Payout Ratio.CU.CA Dividend Payout.PayoutRetained Earnings

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CANADIAN UTILITIES LTD-A

TSX:CU (2/13/2026, 7:00:00 PM)

45.91

+0.31 (+0.68%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-07
Earnings (Next)02-26
Inst Owners16.33%
Inst Owner ChangeN/A
Ins Owners0.3%
Ins Owner ChangeN/A
Market Cap9.43B
Revenue(TTM)3.70B
Net Income(TTM)534.00M
Analysts76
Price Target44.3 (-3.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.01%
Yearly Dividend2.03
Dividend Growth(5Y)0.91%
DP107.49%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-05
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.43%
Min EPS beat(2)-0.71%
Max EPS beat(2)3.56%
EPS beat(4)1
Avg EPS beat(4)-4.67%
Min EPS beat(4)-19.54%
Max EPS beat(4)3.56%
EPS beat(8)3
Avg EPS beat(8)-1.46%
EPS beat(12)4
Avg EPS beat(12)-1.81%
EPS beat(16)8
Avg EPS beat(16)0.87%
Revenue beat(2)2
Avg Revenue beat(2)3.91%
Min Revenue beat(2)1.21%
Max Revenue beat(2)6.61%
Revenue beat(4)2
Avg Revenue beat(4)-6.77%
Min Revenue beat(4)-17.55%
Max Revenue beat(4)6.61%
Revenue beat(8)4
Avg Revenue beat(8)-4.85%
Revenue beat(12)7
Avg Revenue beat(12)-1.37%
Revenue beat(16)11
Avg Revenue beat(16)2.94%
PT rev (1m)0.33%
PT rev (3m)7.04%
EPS NQ rev (1m)-0.81%
EPS NQ rev (3m)-0.81%
EPS NY rev (1m)0.14%
EPS NY rev (3m)1.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.33%
Valuation
Industry RankSector Rank
PE 19.96
Fwd PE 17.84
P/S 2.55
P/FCF 26.65
P/OCF 4.56
P/B 1.36
P/tB 1.64
EV/EBITDA 11.11
EPS(TTM)2.3
EY5.01%
EPS(NY)2.57
Fwd EY5.61%
FCF(TTM)1.72
FCFY3.75%
OCF(TTM)10.08
OCFY21.95%
SpS18.01
BVpS33.83
TBVpS28.07
PEG (NY)1.76
PEG (5Y)222.96
Graham Number41.84
Profitability
Industry RankSector Rank
ROA 2.16%
ROE 7.68%
ROCE 4.92%
ROIC 3.86%
ROICexc 3.9%
ROICexgc 4.11%
OM 31.51%
PM (TTM) 14.43%
GM 88.73%
FCFM 9.57%
ROA(3y)2.32%
ROA(5y)2.06%
ROE(3y)7.67%
ROE(5y)6.68%
ROIC(3y)3.8%
ROIC(5y)3.75%
ROICexc(3y)3.89%
ROICexc(5y)3.86%
ROICexgc(3y)4.08%
ROICexgc(5y)4.04%
ROCE(3y)4.85%
ROCE(5y)4.79%
ROICexgc growth 3Y-1.78%
ROICexgc growth 5Y-8.85%
ROICexc growth 3Y-2.21%
ROICexc growth 5Y-9.16%
OM growth 3Y1.06%
OM growth 5Y-4.58%
PM growth 3Y4.89%
PM growth 5Y-13.81%
GM growth 3Y1.25%
GM growth 5Y0.22%
F-Score5
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 1.68
Debt/FCF 34.08
Debt/EBITDA 6.17
Cap/Depr 236.18%
Cap/Sales 46.41%
Interest Coverage 2.3
Cash Conversion 109.4%
Profit Quality 66.29%
Current Ratio 1.56
Quick Ratio 1.48
Altman-Z 0.88
F-Score5
WACC5.67%
ROIC/WACC0.68
Cap/Depr(3y)207.42%
Cap/Depr(5y)191.14%
Cap/Sales(3y)37.24%
Cap/Sales(5y)34.8%
Profit Quality(3y)96.11%
Profit Quality(5y)129.14%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.13%
EPS 3Y1.06%
EPS 5Y0.09%
EPS Q2Q%5.26%
EPS Next Y11.35%
EPS Next 2Y7.18%
EPS Next 3Y6.77%
EPS Next 5Y5.88%
Revenue 1Y (TTM)-0.94%
Revenue growth 3Y2.11%
Revenue growth 5Y-0.85%
Sales Q2Q%-2.22%
Revenue Next Year-4.75%
Revenue Next 2Y-0.31%
Revenue Next 3Y1.45%
Revenue Next 5YN/A
EBIT growth 1Y54.44%
EBIT growth 3Y3.19%
EBIT growth 5Y-5.39%
EBIT Next Year241.72%
EBIT Next 3Y57.68%
EBIT Next 5Y30.99%
FCF growth 1Y-27.01%
FCF growth 3Y-13.47%
FCF growth 5Y0.5%
OCF growth 1Y9.93%
OCF growth 3Y3.72%
OCF growth 5Y7.14%

CANADIAN UTILITIES LTD-A / CU.CA FAQ

Can you provide the ChartMill fundamental rating for CANADIAN UTILITIES LTD-A?

ChartMill assigns a fundamental rating of 3 / 10 to CU.CA.


What is the valuation status for CU stock?

ChartMill assigns a valuation rating of 2 / 10 to CANADIAN UTILITIES LTD-A (CU.CA). This can be considered as Overvalued.


What is the profitability of CU stock?

CANADIAN UTILITIES LTD-A (CU.CA) has a profitability rating of 4 / 10.


What is the valuation of CANADIAN UTILITIES LTD-A based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CANADIAN UTILITIES LTD-A (CU.CA) is 19.96 and the Price/Book (PB) ratio is 1.36.


Is the dividend of CANADIAN UTILITIES LTD-A sustainable?

The dividend rating of CANADIAN UTILITIES LTD-A (CU.CA) is 7 / 10 and the dividend payout ratio is 107.49%.