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Canadian (TSX) Gas Utilities Industry Analysis

UpdatedJun 13, 2025
DataAggregated Company Financials
Companies4
  • 7D1.9%
  • 3M4.2%
  • 1Y19.2%
  • YTD17.4%

In the last week, the Gas Utilities industry is up 1.9%, with AltaGas up 1.4%. Meanwhile, CF Energy actually underperformed within the industry, shrinking 15% in the last week. This means that the industry has gained 19% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Jun 2025CA$13.4bCA$16.3bCA$569.1m20.7x23.5x0.8x
Sun, 11 May 2025CA$13.0bCA$16.2bCA$498.8m11.2x26x0.8x
Tue, 08 Apr 2025CA$12.6bCA$15.9bCA$519.2m18.9x24.2x0.8x
Thu, 06 Mar 2025CA$12.2bCA$16.0bCA$428.8m22.2x28.5x0.8x
Sat, 01 Feb 2025CA$11.5bCA$16.1bCA$505.3m40.3x22.9x0.7x
Mon, 30 Dec 2024CA$11.4bCA$16.1bCA$505.1m42.1x22.6x0.7x
Wed, 27 Nov 2024CA$11.7bCA$16.0bCA$505.6m44.5x23.2x0.7x
Fri, 25 Oct 2024CA$11.9bCA$16.2bCA$421.6m23.6x28.2x0.7x
Sun, 22 Sep 2024CA$11.7bCA$16.1bCA$421.6m22.7x27.8x0.7x
Tue, 20 Aug 2024CA$12.0bCA$16.1bCA$425.5m14x28.2x0.7x
Thu, 18 Jul 2024CA$11.3bCA$16.1bCA$628.0m15.2x18x0.7x
Sat, 15 Jun 2024CA$11.4bCA$16.1bCA$628.1m14.9x18.2x0.7x
Mon, 13 May 2024CA$11.5bCA$16.0bCA$653.0m15x17.6x0.7x
Wed, 10 Apr 2024CA$11.1bCA$16.4bCA$694.0m13.4x16x0.7x
Fri, 08 Mar 2024CA$11.3bCA$17.0bCA$635.0m15x17.7x0.7x
Sun, 04 Feb 2024CA$10.6bCA$17.1bCA$620.4m14.1x17x0.6x
Tue, 02 Jan 2024CA$10.3bCA$17.1bCA$620.3m13.5x16.6x0.6x
Thu, 30 Nov 2023CA$10.1bCA$17.1bCA$619.3m13.1x16.3x0.6x
Sat, 28 Oct 2023CA$9.4bCA$17.1bCA$521.5m7.5x18x0.5x
Mon, 25 Sep 2023CA$10.3bCA$17.1bCA$521.4m8.2x19.8x0.6x
Wed, 23 Aug 2023CA$9.9bCA$17.1bCA$519.1m10.8x19x0.6x
Fri, 21 Jul 2023CA$9.5bCA$17.8bCA$378.5m12.4x25x0.5x
Sun, 18 Jun 2023CA$9.2bCA$17.8bCA$378.5m11.3x24.4x0.5x
Tue, 16 May 2023CA$8.8bCA$17.8bCA$379.3m9.8x23.3x0.5x
Thu, 13 Apr 2023CA$8.7bCA$17.5bCA$285.6m12.1x30.4x0.5x
Sat, 11 Mar 2023CA$8.9bCA$17.5bCA$285.7m11.7x31.1x0.5x
Mon, 06 Feb 2023CA$9.1bCA$16.5bCA$36.8m22.1x247.2x0.6x
Wed, 04 Jan 2023CA$8.9bCA$16.5bCA$36.8m21.3x242.9x0.5x
Fri, 02 Dec 2022CA$8.5bCA$16.5bCA$36.7m19.5x231.8x0.5x
Sun, 30 Oct 2022CA$9.2bCA$16.4bCA$338.7m23.1x27.1x0.6x
Tue, 27 Sep 2022CA$9.8bCA$15.7bCA$294.8m29.4x33.1x0.6x
Thu, 25 Aug 2022CA$10.7bCA$15.7bCA$296.9m32x36.1x0.7x
Sat, 23 Jul 2022CA$10.0bCA$14.2bCA$307.1m30.8x32.6x0.7x
Mon, 20 Jun 2022CA$9.3bCA$14.2bCA$307.3m28.3x30.4x0.7x
Price to Earnings Ratio

30.4x


Total Market Cap: CA$9.3bTotal Earnings: CA$307.3mTotal Revenue: CA$14.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gas Utilities Industry Price to Earnings3Y Average 44.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Gas 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 23.5x which is lower than its 3-year average PE of 44.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 4.7% 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 Market0.98%
Utilities1.40%
Gas Utilities1.87%
Gas Utilities1.87%
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
ALA AltaGasCA$38.741.6%
+CA$182.5m		27.1%PE20.6x
SPB Superior PlusCA$8.123.6%
+CA$60.3m		-10.5%PE90x
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Latest News

ALA

CA$38.74

AltaGas

7D

1.6%

1Y

27.1%

SPB

CA$8.12

Superior Plus

7D

3.6%

1Y

-10.5%

CFY

CA$0.20

CF Energy

7D

-2.4%

1Y

-14.6%