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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies4
  • 7D0.3%
  • 3M-2.8%
  • 1Y-11.4%
  • YTDn/a

In the last week, Electric Utilities has been flat. As for the longer term, the industry has declined 11% in the last year. Earnings are forecast to grow by 6.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024CA$62.6bCA$27.2bCA$3.6b15.5x17.4x2.3x
Thu, 21 Mar 2024CA$64.6bCA$27.2bCA$3.6b15.7x17.9x2.4x
Sat, 17 Feb 2024CA$64.2bCA$27.6bCA$3.8b14.5x16.9x2.3x
Mon, 15 Jan 2024CA$65.1bCA$27.8bCA$3.8b15.2x17.2x2.3x
Wed, 13 Dec 2023CA$63.2bCA$27.8bCA$3.8b14.5x16.7x2.3x
Fri, 10 Nov 2023CA$63.3bCA$27.9bCA$3.9b15.1x16.4x2.3x
Sun, 08 Oct 2023CA$60.4bCA$27.8bCA$3.7b16.2x16.2x2.2x
Tue, 05 Sep 2023CA$62.1bCA$27.8bCA$3.7b16.2x16.6x2.2x
Thu, 03 Aug 2023CA$63.6bCA$27.7bCA$3.6b16.3x17.5x2.3x
Sat, 01 Jul 2023CA$65.7bCA$27.6bCA$3.6b17x18.2x2.4x
Mon, 29 May 2023CA$66.8bCA$27.6bCA$3.6b17.8x18.5x2.4x
Wed, 26 Apr 2023CA$69.8bCA$26.7bCA$3.4b19.4x20.8x2.6x
Fri, 24 Mar 2023CA$63.2bCA$26.7bCA$3.4b18.1x18.8x2.4x
Sun, 19 Feb 2023CA$63.8bCA$26.2bCA$3.2b19.5x20x2.4x
Tue, 17 Jan 2023CA$64.3bCA$25.5bCA$3.1b19.7x20.5x2.5x
Thu, 15 Dec 2022CA$64.0bCA$25.5bCA$3.1b19.5x20.4x2.5x
Sat, 12 Nov 2022CA$60.5bCA$24.7bCA$2.9b19.9x20.9x2.4x
Mon, 10 Oct 2022CA$58.6bCA$24.3bCA$2.9b19.2x20.5x2.4x
Wed, 07 Sep 2022CA$65.9bCA$24.3bCA$2.9b21.4x23x2.7x
Fri, 05 Aug 2022CA$66.8bCA$24.0bCA$2.9b22.1x23.1x2.8x
Sun, 03 Jul 2022CA$66.3bCA$23.6bCA$2.9b22.1x23.1x2.8x
Tue, 31 May 2022CA$68.6bCA$23.6bCA$2.9b22.8x23.9x2.9x
Thu, 28 Apr 2022CA$68.8bCA$22.6bCA$2.7b23.3x25.2x3x
Sat, 26 Mar 2022CA$64.6bCA$22.6bCA$2.7b21.8x23.6x2.9x
Mon, 21 Feb 2022CA$62.1bCA$22.7bCA$2.7b20.8x22.7x2.7x
Wed, 19 Jan 2022CA$62.4bCA$22.1bCA$2.7b20.9x23.2x2.8x
Fri, 17 Dec 2021CA$64.3bCA$22.1bCA$2.7b21.5x23.9x2.9x
Sun, 14 Nov 2021CA$60.3bCA$22.1bCA$2.7b20.5x22.4x2.7x
Tue, 12 Oct 2021CA$59.8bCA$22.1bCA$2.8b20.4x21.2x2.7x
Thu, 09 Sep 2021CA$62.0bCA$22.1bCA$2.8b21x22x2.8x
Sat, 07 Aug 2021CA$60.8bCA$22.1bCA$2.8b20.8x21.6x2.8x
Fri, 30 Apr 2021CA$58.1bCA$22.0bCA$3.8b20.6x15.4x2.6x
Price to Earnings Ratio

15.4x


Total Market Cap: CA$58.1bTotal Earnings: CA$3.8bTotal Revenue: CA$22.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 20.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Electric Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 17.4x which is lower than its 3-year average PE of 20.1x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Canadian Electric Utilities compare with similar industries?

CA Market-0.60%
Utilities-0.028%
Electric Utilities0.33%
Electric Utilities0.33%
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
FTS FortisCA$53.454.2%
+CA$1.1b		-11.0%PE17.5x
H Hydro OneCA$38.031.1%
+CA$257.6m		-5.9%PE21x
EMA EmeraCA$46.700.6%
+CA$77.6m		-20.6%PE13.7x
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0.6%

1Y

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H

CA$38.03

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7D

1.1%

1Y

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Apr 15
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FTS

CA$53.45

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7D

4.2%

1Y

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Apr 03
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CUP.U

US$13.70

Caribbean Utilities Company

7D

-1.8%

1Y

-0.4%