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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedDec 20, 2024
DataAggregated Company Financials
Companies4
  • 7D-1.7%
  • 3M-2.7%
  • 1Y11.1%
  • YTDn/a

Over the last 7 days, the Electric Utilities industry has dropped 4.0%, driven by pullbacks in Fortis and Hydro One of 3.7% and 4.0%, respectively. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Dec 2024CA$72.1bCA$27.5bCA$3.4b20.8x21.2x2.6x
Sun, 17 Nov 2024CA$73.1bCA$27.5bCA$3.4b21.5x21.6x2.7x
Tue, 15 Oct 2024CA$71.2bCA$27.1bCA$3.5b19.6x20.6x2.6x
Thu, 12 Sep 2024CA$73.7bCA$27.1bCA$3.5b19.9x21.3x2.7x
Sat, 10 Aug 2024CA$70.4bCA$26.8bCA$3.3b20.7x21.2x2.6x
Mon, 08 Jul 2024CA$63.7bCA$26.7bCA$3.3b19x19.4x2.4x
Wed, 05 Jun 2024CA$64.9bCA$26.7bCA$3.3b19.8x19.7x2.4x
Fri, 03 May 2024CA$63.8bCA$27.0bCA$3.6b15.6x17.6x2.4x
Sun, 31 Mar 2024CA$64.2bCA$27.2bCA$3.6b15.8x17.8x2.4x
Tue, 27 Feb 2024CA$63.8bCA$27.2bCA$3.6b15.3x17.7x2.3x
Thu, 25 Jan 2024CA$63.7bCA$27.8bCA$3.8b14.6x16.8x2.3x
Sat, 23 Dec 2023CA$63.9bCA$27.8bCA$3.8b14.7x16.9x2.3x
Mon, 20 Nov 2023CA$64.5bCA$27.8bCA$3.8b15x17x2.3x
Wed, 18 Oct 2023CA$61.6bCA$27.8bCA$3.7b16.4x16.5x2.2x
Fri, 15 Sep 2023CA$63.0bCA$27.8bCA$3.7b16.4x16.9x2.3x
Sun, 13 Aug 2023CA$63.2bCA$27.8bCA$3.7b16.2x16.9x2.3x
Tue, 11 Jul 2023CA$63.8bCA$27.6bCA$3.6b16.5x17.6x2.3x
Thu, 08 Jun 2023CA$65.5bCA$27.6bCA$3.6b17.5x18.1x2.4x
Sat, 06 May 2023CA$69.6bCA$27.2bCA$3.4b18.8x20.4x2.6x
Mon, 03 Apr 2023CA$66.5bCA$26.7bCA$3.4b18.6x19.8x2.5x
Wed, 01 Mar 2023CA$62.4bCA$26.7bCA$3.4b18.2x18.6x2.3x
Fri, 27 Jan 2023CA$63.5bCA$25.5bCA$3.1b19.5x20.3x2.5x
Sun, 25 Dec 2022CA$63.0bCA$25.5bCA$3.1b19.2x20.1x2.5x
Tue, 22 Nov 2022CA$61.2bCA$25.5bCA$3.1b18.7x19.5x2.4x
Thu, 20 Oct 2022CA$57.8bCA$24.3bCA$2.9b19x20.2x2.4x
Sat, 17 Sep 2022CA$64.8bCA$24.3bCA$2.9b21x22.6x2.7x
Mon, 15 Aug 2022CA$66.9bCA$24.3bCA$2.9b21.8x23.4x2.8x
Wed, 13 Jul 2022CA$66.5bCA$23.6bCA$2.9b22.2x23.2x2.8x
Fri, 10 Jun 2022CA$66.9bCA$23.6bCA$2.9b22.2x23.3x2.8x
Sun, 08 May 2022CA$67.8bCA$23.2bCA$2.8b22.6x24.4x2.9x
Tue, 05 Apr 2022CA$67.6bCA$22.6bCA$2.7b22.8x24.7x3x
Thu, 03 Mar 2022CA$62.8bCA$22.6bCA$2.7b21.1x23x2.8x
Sat, 29 Jan 2022CA$64.1bCA$22.1bCA$2.7b21.5x23.8x2.9x
Mon, 27 Dec 2021CA$64.7bCA$22.1bCA$2.7b21.6x24.1x2.9x
Price to Earnings Ratio

24.1x


Total Market Cap: CA$64.7bTotal 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 Comparison

How does Canadian Electric Utilities compare with similar industries?

CA Market-3.68%
Utilities-2.01%
Electric Utilities-1.68%
Electric Utilities-1.68%
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
No data available
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Latest News

FTS

CA$59.30

Fortis

7D

-1.5%

1Y

10.6%

Returns On Capital At Fortis (TSE:FTS) Have Stalled

Dec 16
Returns On Capital At Fortis (TSE:FTS) Have Stalled

H

CA$43.57

Hydro One

7D

-1.7%

1Y

12.4%

EMA

CA$53.45

Emera

7D

-2.1%

1Y

9.2%

Emera Incorporated's (TSE:EMA) Earnings Haven't Escaped The Attention Of Investors

Dec 01
Emera Incorporated's (TSE:EMA) Earnings Haven't Escaped The Attention Of Investors