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

TSX:CU • CA1367178326

Current stock price

47.24 CAD
-0.73 (-1.52%)
Last:

This CU.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. CU.CA Profitability Analysis

1.1 Basic Checks

  • CU had positive earnings in the past year.
  • CU had a positive operating cash flow in the past year.
  • CU had positive earnings in each of the past 5 years.
  • Each year in the past 5 years CU had a positive operating cash flow.
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 2025 0 500M 1B 1.5B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.17%, CU is doing worse than 89.47% of the companies in the same industry.
  • CU has a worse Return On Equity (0.66%) than 89.47% of its industry peers.
  • The Return On Invested Capital of CU (1.73%) is worse than 89.47% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for CU is in line with the industry average of 2.59%.
Industry RankSector Rank
ROA 0.17%
ROE 0.66%
ROIC 1.73%
ROA(3y)1.53%
ROA(5y)1.74%
ROE(3y)5.19%
ROE(5y)5.72%
ROIC(3y)2.73%
ROIC(5y)3.06%
CU.CA Yearly ROA, ROE, ROICCU.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • CU's Profit Margin of 1.14% is on the low side compared to the rest of the industry. CU is outperformed by 89.47% of its industry peers.
  • CU's Profit Margin has declined in the last couple of years.
  • CU has a Operating Margin of 15.42%. This is amonst the worse of the industry: CU underperforms 84.21% of its industry peers.
  • In the last couple of years the Operating Margin of CU has declined.
  • CU has a Gross Margin (88.46%) which is comparable to the rest of the industry.
  • CU's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 15.42%
PM (TTM) 1.14%
GM 88.46%
OM growth 3Y-17.93%
OM growth 5Y-12.2%
PM growth 3Y-56.43%
PM growth 5Y-36.63%
GM growth 3Y1.06%
GM growth 5Y0.44%
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 2025 20 40 60 80

3

2. CU.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CU is destroying value.
  • The number of shares outstanding for CU remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, CU has less shares outstanding
  • Compared to 1 year ago, CU has a worse debt to assets ratio.
CU.CA Yearly Shares OutstandingCU.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 5B 10B 15B 20B

2.2 Solvency

  • Based on the Altman-Z score of 0.78, we must say that CU is in the distress zone and has some risk of bankruptcy.
  • With an excellent Altman-Z score value of 0.78, CU belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
  • The Debt to FCF ratio of CU is 25.06, which is on the high side as it means it would take CU, 25.06 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 25.06, CU perfoms like the industry average, outperforming 52.63% of the companies in the same industry.
  • CU has a Debt/Equity ratio of 1.88. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of CU (1.88) is worse than 68.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.88
Debt/FCF 25.06
Altman-Z 0.78
ROIC/WACC0.33
WACC5.32%
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 2025 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 1.56 indicates that CU should not have too much problems paying its short term obligations.
  • CU has a Current ratio (1.56) which is comparable to the rest of the industry.
  • CU has a Quick Ratio of 1.52. This is a normal value and indicates that CU is financially healthy and should not expect problems in meeting its short term obligations.
  • CU has a Quick ratio (1.52) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.56
Quick Ratio 1.52
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 2025 500M 1B 1.5B 2B

4

3. CU.CA Growth Analysis

3.1 Past

  • The earnings per share for CU have decreased strongly by -77.68% in the last year.
  • The earnings per share for CU have been decreasing by -23.91% on average. This is quite bad
  • The Revenue has decreased by -1.39% in the past year.
  • Measured over the past years, CU shows a small growth in Revenue. The Revenue has been growing by 2.68% on average per year.
EPS 1Y (TTM)-77.68%
EPS 3Y-40.96%
EPS 5Y-23.91%
EPS Q2Q%-300%
Revenue 1Y (TTM)-1.39%
Revenue growth 3Y-3.04%
Revenue growth 5Y2.68%
Sales Q2Q%-1.02%

3.2 Future

  • The Earnings Per Share is expected to grow by 56.25% on average over the next years. This is a very strong growth
  • CU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.94% yearly.
EPS Next Y417.75%
EPS Next 2Y134.31%
EPS Next 3Y81.31%
EPS Next 5Y56.25%
Revenue Next Year4.77%
Revenue Next 2Y8.5%
Revenue Next 3Y7.94%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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 2028 1B 2B 3B 4B 5B
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

3

4. CU.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 94.48 indicates a quite expensive valuation of CU.
  • Compared to the rest of the industry, the Price/Earnings ratio of CU indicates a rather expensive valuation: CU more expensive than 89.47% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.23, CU is valued quite expensively.
  • With a Price/Forward Earnings ratio of 18.25, CU is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CU indicates a slightly more expensive valuation: CU is more expensive than 63.16% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.42. CU is around the same levels.
Industry RankSector Rank
PE 94.48
Fwd PE 18.25
CU.CA Price Earnings VS Forward Price EarningsCU.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CU indicates a slightly more expensive valuation: CU is more expensive than 73.68% of the companies listed in the same industry.
  • CU's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 19.66
EV/EBITDA 11.23
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

  • CU's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as CU's earnings are expected to grow with 81.31% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y134.31%
EPS Next 3Y81.31%

6

5. CU.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.82%, CU has a reasonable but not impressive dividend return.
  • CU's Dividend Yield is comparable with the industry average which is at 4.62.
  • Compared to an average S&P500 Dividend Yield of 1.89, CU pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.82%

5.2 History

  • The dividend of CU has a limited annual growth rate of 1.20%.
  • 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)1.2%
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

  • CU pays out 1369.05% of its income as dividend. This is not a sustainable payout ratio.
  • CU's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP1369.05%
EPS Next 2Y134.31%
EPS Next 3Y81.31%
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 2025 0 200M 400M 600M 800M
CU.CA Dividend Payout.CU.CA Dividend Payout, showing the Payout Ratio.CU.CA Dividend Payout.PayoutRetained Earnings

CU.CA Fundamentals: All Metrics, Ratios and Statistics

CANADIAN UTILITIES LTD-A

TSX:CU (3/20/2026, 7:00:00 PM)

47.24

-0.73 (-1.52%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)02-26
Earnings (Next)05-05
Inst Owners16.56%
Inst Owner ChangeN/A
Ins Owners0.31%
Ins Owner ChangeN/A
Market Cap9.71B
Revenue(TTM)3.69B
Net Income(TTM)42.00M
Analysts76
Price Target44.3 (-6.22%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.82%
Yearly Dividend2.12
Dividend Growth(5Y)1.2%
DP1369.05%
Div Incr Years34
Div Non Decr Years34
Ex-Date02-05
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-128.94%
Min EPS beat(2)-261.44%
Max EPS beat(2)3.56%
EPS beat(4)1
Avg EPS beat(4)-65.14%
Min EPS beat(4)-261.44%
Max EPS beat(4)3.56%
EPS beat(8)3
Avg EPS beat(8)-34.13%
EPS beat(12)4
Avg EPS beat(12)-22.7%
EPS beat(16)7
Avg EPS beat(16)-15.56%
Revenue beat(2)1
Avg Revenue beat(2)-6.7%
Min Revenue beat(2)-20.02%
Max Revenue beat(2)6.61%
Revenue beat(4)2
Avg Revenue beat(4)-7.44%
Min Revenue beat(4)-20.02%
Max Revenue beat(4)6.61%
Revenue beat(8)4
Avg Revenue beat(8)-5.13%
Revenue beat(12)7
Avg Revenue beat(12)-2.3%
Revenue beat(16)10
Avg Revenue beat(16)1.42%
PT rev (1m)0%
PT rev (3m)2.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.6%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1%
Revenue NY rev (3m)7.32%
Valuation
Industry RankSector Rank
PE 94.48
Fwd PE 18.25
P/S 2.63
P/FCF 19.66
P/OCF 4.71
P/B 1.52
P/tB 1.82
EV/EBITDA 11.23
EPS(TTM)0.5
EY1.06%
EPS(NY)2.59
Fwd EY5.48%
FCF(TTM)2.4
FCFY5.09%
OCF(TTM)10.03
OCFY21.23%
SpS17.95
BVpS31.05
TBVpS26.02
PEG (NY)0.23
PEG (5Y)N/A
Graham Number18.69
Profitability
Industry RankSector Rank
ROA 0.17%
ROE 0.66%
ROCE 2.42%
ROIC 1.73%
ROICexc 1.8%
ROICexgc 1.89%
OM 15.42%
PM (TTM) 1.14%
GM 88.46%
FCFM 13.39%
ROA(3y)1.53%
ROA(5y)1.74%
ROE(3y)5.19%
ROE(5y)5.72%
ROIC(3y)2.73%
ROIC(5y)3.06%
ROICexc(3y)2.79%
ROICexc(5y)3.15%
ROICexgc(3y)2.94%
ROICexgc(5y)3.3%
ROCE(3y)3.83%
ROCE(5y)4.29%
ROICexgc growth 3Y-23.49%
ROICexgc growth 5Y-13.02%
ROICexc growth 3Y-23.61%
ROICexc growth 5Y-13.22%
OM growth 3Y-17.93%
OM growth 5Y-12.2%
PM growth 3Y-56.43%
PM growth 5Y-36.63%
GM growth 3Y1.06%
GM growth 5Y0.44%
F-Score6
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 1.88
Debt/FCF 25.06
Debt/EBITDA 6.44
Cap/Depr 121.19%
Cap/Sales 42.47%
Interest Coverage 1.1
Cash Conversion 110.69%
Profit Quality 1176.19%
Current Ratio 1.56
Quick Ratio 1.52
Altman-Z 0.78
F-Score6
WACC5.32%
ROIC/WACC0.33
Cap/Depr(3y)176.74%
Cap/Depr(5y)186.2%
Cap/Sales(3y)40.12%
Cap/Sales(5y)37.78%
Profit Quality(3y)442.03%
Profit Quality(5y)323.21%
High Growth Momentum
Growth
EPS 1Y (TTM)-77.68%
EPS 3Y-40.96%
EPS 5Y-23.91%
EPS Q2Q%-300%
EPS Next Y417.75%
EPS Next 2Y134.31%
EPS Next 3Y81.31%
EPS Next 5Y56.25%
Revenue 1Y (TTM)-1.39%
Revenue growth 3Y-3.04%
Revenue growth 5Y2.68%
Sales Q2Q%-1.02%
Revenue Next Year4.77%
Revenue Next 2Y8.5%
Revenue Next 3Y7.94%
Revenue Next 5YN/A
EBIT growth 1Y-41.28%
EBIT growth 3Y-20.42%
EBIT growth 5Y-9.85%
EBIT Next Year250.42%
EBIT Next 3Y59.68%
EBIT Next 5Y39.47%
FCF growth 1Y53.42%
FCF growth 3Y-13.79%
FCF growth 5Y-7.79%
OCF growth 1Y7.51%
OCF growth 3Y-1.25%
OCF growth 5Y4.79%

CANADIAN UTILITIES LTD-A / CU.CA Fundamental Analysis 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 3 / 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 3 / 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 94.48 and the Price/Book (PB) ratio is 1.52.


Is the dividend of CANADIAN UTILITIES LTD-A sustainable?

The dividend rating of CANADIAN UTILITIES LTD-A (CU.CA) is 6 / 10 and the dividend payout ratio is 1369.05%.