Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Electric Utilities Industry Analysis

UpdatedNov 27, 2024
DataAggregated Company Financials
Companies4
  • 7D0.9%
  • 3M3.8%
  • 1Y15.4%
  • YTD12.7%

In the last week, the Electric Utilities industry is up 1.9%, with all of the companies up. In the last 12 months, the industry was up 15%. Looking forward, earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

Has the Canadian Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Nov 2024CA$74.5bCA$27.5bCA$3.4b21.8x21.9x2.7x
Fri, 25 Oct 2024CA$74.6bCA$27.1bCA$3.5b20.6x21.6x2.8x
Sun, 22 Sep 2024CA$73.6bCA$27.1bCA$3.5b20.1x21.3x2.7x
Tue, 20 Aug 2024CA$71.2bCA$27.1bCA$3.5b19.5x20.6x2.6x
Thu, 18 Jul 2024CA$65.1bCA$26.7bCA$3.3b19.7x19.8x2.4x
Sat, 15 Jun 2024CA$64.5bCA$26.7bCA$3.3b19.2x19.6x2.4x
Mon, 13 May 2024CA$66.4bCA$27.0bCA$3.6b16.2x18.3x2.5x
Wed, 10 Apr 2024CA$63.9bCA$27.2bCA$3.6b15.8x17.7x2.3x
Fri, 08 Mar 2024CA$65.7bCA$27.2bCA$3.6b16x18.2x2.4x
Sun, 04 Feb 2024CA$64.7bCA$27.8bCA$3.8b14.7x17.1x2.3x
Tue, 02 Jan 2024CA$64.8bCA$27.8bCA$3.8b14.9x17.1x2.3x
Thu, 30 Nov 2023CA$63.1bCA$27.8bCA$3.8b14.6x16.7x2.3x
Sat, 28 Oct 2023CA$61.2bCA$27.8bCA$3.7b16x16.4x2.2x
Mon, 25 Sep 2023CA$62.5bCA$27.8bCA$3.7b16.1x16.8x2.2x
Wed, 23 Aug 2023CA$62.1bCA$27.8bCA$3.7b15.9x16.6x2.2x
Fri, 21 Jul 2023CA$66.3bCA$27.6bCA$3.6b16.9x18.3x2.4x
Sun, 18 Jun 2023CA$64.5bCA$27.6bCA$3.6b17.3x17.9x2.3x
Tue, 16 May 2023CA$69.6bCA$27.6bCA$3.6b18.7x19.3x2.5x
Thu, 13 Apr 2023CA$69.7bCA$26.7bCA$3.4b19.3x20.8x2.6x
Sat, 11 Mar 2023CA$61.8bCA$26.7bCA$3.4b17.8x18.4x2.3x
Mon, 06 Feb 2023CA$63.1bCA$25.5bCA$3.1b19.6x20.1x2.5x
Wed, 04 Jan 2023CA$63.4bCA$25.5bCA$3.1b19.3x20.2x2.5x
Fri, 02 Dec 2022CA$63.1bCA$25.5bCA$3.1b19.1x20.1x2.5x
Sun, 30 Oct 2022CA$60.1bCA$24.7bCA$2.9b19.8x20.8x2.4x
Tue, 27 Sep 2022CA$63.4bCA$24.3bCA$2.9b20.7x22.2x2.6x
Thu, 25 Aug 2022CA$66.9bCA$24.3bCA$2.9b21.8x23.4x2.8x
Sat, 23 Jul 2022CA$65.1bCA$23.6bCA$2.9b21.7x22.7x2.8x
Mon, 20 Jun 2022CA$63.0bCA$23.6bCA$2.9b21x22x2.7x
Wed, 18 May 2022CA$68.4bCA$23.6bCA$2.9b22.8x23.9x2.9x
Fri, 15 Apr 2022CA$68.5bCA$22.6bCA$2.7b23.1x25x3x
Sun, 13 Mar 2022CA$64.8bCA$22.6bCA$2.7b21.8x23.7x2.9x
Tue, 08 Feb 2022CA$64.0bCA$22.1bCA$2.7b21.6x23.8x2.9x
Thu, 06 Jan 2022CA$65.1bCA$22.1bCA$2.7b21.6x24.2x2.9x
Sat, 04 Dec 2021CA$61.2bCA$22.1bCA$2.7b20.6x22.8x2.8x
Price to Earnings Ratio

22.8x


Total Market Cap: CA$61.2bTotal Earnings: CA$2.7bTotal Revenue: CA$22.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 20.2x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 7.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Utilities industry?

CA Market1.03%
Utilities1.34%
Electric Utilities0.87%
Electric Utilities0.87%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EMA EmeraCA$52.881.8%
+CA$285.2m		10.6%PE24.6x
H Hydro OneCA$45.420.9%
+CA$245.8m		20.3%PE23.9x
FTS FortisCA$62.720.4%
+CA$109.4m		13.6%PE19.6x
CUP.U Caribbean Utilities CompanyUS$13.951.6%
+US$9.2m		24.0%PE14.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

H

CA$45.42

Hydro One

7D

0.9%

1Y

20.3%

Hydro One (TSE:H) Takes On Some Risk With Its Use Of Debt

Nov 23
Hydro One (TSE:H) Takes On Some Risk With Its Use Of Debt

EMA

CA$52.88

Emera

7D

1.8%

1Y

10.6%

CUP.U

US$13.95

Caribbean Utilities Company

7D

1.6%

1Y

24.0%

FTS

CA$62.72

Fortis

7D

0.4%

1Y

13.6%

Here's Why Fortis (TSE:FTS) Has Caught The Eye Of Investors

Nov 14
Here's Why Fortis (TSE:FTS) Has Caught The Eye Of Investors