Global Utilities Strong Past Earnings Growth, P/E Ratio Below 20

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

BKW

Market Cap: CHF 9.5b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Guangdong Investment

Market Cap: HK$44.5b

An investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses.

Inter RAO UES

Market Cap: ₽250.0b

Public Joint Stock Company Inter RAO UES operates as a diversified energy holding company in Russia and internationally.

Jiangsu Guoxin

Market Cap: CN¥29.4b

Engages in the generation of coal-fired thermal and gas-fired power businesses in China.

Pampa Energía

Market Cap: AR$4.8t

Operates as an integrated power company in Argentina.

Rosseti Lenenergo

Market Cap: ₽72.4b

Public Joint stock company Rosseti Lenenergo engages in the transmission and distribution of electricity in the Russian Federation.

Second Generating Company of the Electric Power Wholesale Market

Market Cap: ₽64.8b

Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market", together with its subsidiaries, generates and sells electricity and thermal energy in Russia.

Admie Holding

Market Cap: €774.2m

Operates, controls, maintains, and develops an electricity transmission system for the supply of electricity in Greece.

Jiangsu Jiangnan Water

Market Cap: CN¥5.2b

Supplies water in China.

Rosseti Moscow Region

Market Cap: ₽42.9b

Public Joint-Stock Company "Rosseti Moscow Region", together with its subsidiaries, engages in the transmission of electricity through electrical networks primarily in Moscow, Russia.

BCPG

Market Cap: ฿19.9b

A renewable energy company, engages in the solar power, hydropower, wind power, and natural gas businesses in Thailand, Japan, Laos, Taiwan, Vietnam, the Philippines, and the United States.

Rio Paranapanema Energia

Market Cap: R$3.3b

Generates and sells electricity in Brazil.

Shizuoka Gas

Market Cap: JP¥83.6b

Produces, supplies, and sells city gas in Japan.

Acinque

Market Cap: €402.6m

Operates as a multi-utility company in Italy.

Vinh Son - Song Hinh Hydropower

Market Cap: ₫11.6t

Provides electricity services in Vietnam.

Vivant

Market Cap: ₱20.5b

Through its subsidiaries, generates, distributes, and retails electric power in the Philippines.

Kenya Electricity Generating

Market Cap: KSh46.4b

Operates as an electric power generating company in Kenya.

Artesian Resources

Market Cap: US$346.8m

Provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania.

Rosseti Centre and Volga region

Market Cap: ₽20.3b

Public Joint stock company Rosseti Centre and Volga region, together with its subsidiaries, engages in the transmission and distribution of electricity in Russia.

Taliworks Corporation Berhad

Market Cap: RM 1.2b

An investment holding company, engages in the provision of contracting, project, and management services.

Southern Hydropower

Market Cap: ₫3.7t

Engages in the construction, production, installation, and operation of hydropower plants in Vietnam.

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

Elektro Maribor d.d

Market Cap: €76.7m

Engages in the distribution of electricity to business and residential customers in the north-eastern part of Slovenia.

Vidullanka

Market Cap: LK₨14.3b

Engages renewable energy power generation business in Sri Lanka and Uganda.

Vallibel Power Erathna

Market Cap: LK₨10.4b

Engages in the generation and sale of hydroelectric energy to the Ceylon Electricity Board in Sri Lanka.

TNS energo Mari El

Market Cap: ₽2.0b

Public Joint-stock Company TNS energo Mari El supplies electricity in the Republic of Mari El.

Jy Gas

Market Cap: HK$184.8m

An investment holding company, engages in the sale of natural gas in the People’s Republic of China.

Nuoc Trong Hydro - Power

Market Cap: ₫561.7b

Engages in the production, transmission, and distribution of hydro-electricity in Vietnam.

Thu Duc Water Supply

Market Cap: ₫459.0b

Supplies and trades water for consumption and production needs in Vietnam.

Nha Be Water Supply

Market Cap: ₫370.6b

Manufactures, develops, and trades in water supply systems in Vietnam.

IDICO Urban and House Development Investment

Market Cap: ₫320.0b

Provides electricity supply services in Vietnam.

Stavropolenergosbyt

Market Cap: ₽593.6m

Stavropolenergosbyt Public Joint-Stock Company supplies electricity in the Stavropol territory, Russia.

Lotus Hydro Power

Market Cap: LK₨1.5b

Owns, builds, operates, and maintains power generating facilities in Sri Lanka.