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Canadian (TSX) Multi-Utilities Industry Analysis

UpdatedAug 08, 2026
DataAggregated Company Financials
Companies3
  • 7D-4.6%
  • 3M6.8%
  • 1Y31.8%
  • YTDn/a

Over the last 7 days, the Multi-Utilities industry has dropped 2.0%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 32%. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Aug 2026CA$29.3bCA$12.6bCA$505.5m46.7x58x2.3x
Mon, 06 Jul 2026CA$28.7bCA$12.4bCA$469.6m52.9x61.1x2.3x
Wed, 03 Jun 2026CA$27.2bCA$12.4bCA$462.7m49.5x58.8x2.2x
Fri, 01 May 2026CA$27.4bCA$12.1bCA$474.5m51.1x57.8x2.3x
Sun, 29 Mar 2026CA$27.5bCA$12.2bCA$480.7m51.1x57.1x2.2x
Tue, 24 Feb 2026CA$27.0bCA$12.1bCA$1.0b24.6x27x2.2x
Thu, 22 Jan 2026CA$25.7bCA$12.1bCA$1.0b22.2x25.6x2.1x
Sat, 20 Dec 2025CA$24.4bCA$12.1bCA$1.0b21.3x24.4x2x
Mon, 17 Nov 2025CA$24.4bCA$12.2bCA$1.1b21.6x22.5x2x
Wed, 15 Oct 2025CA$22.6bCA$12.1bCA$984.5m23.7x22.9x1.9x
Fri, 12 Sep 2025CA$21.8bCA$12.1bCA$983.0m23.2x22.2x1.8x
Sun, 10 Aug 2025CA$22.0bCA$12.0bCA$1.2b17.3x17.9x1.8x
Tue, 08 Jul 2025CA$22.0bCA$12.0bCA$1.2b17.4x18.8x1.8x
Thu, 05 Jun 2025CA$22.8bCA$12.0bCA$1.2b18.1x19.5x1.9x
Sat, 03 May 2025CA$21.6bCA$11.9bCA$992.2m25.3x21.8x1.8x
Mon, 31 Mar 2025CA$21.3bCA$12.0bCA$998.0m24.8x21.3x1.8x
Wed, 26 Feb 2025CA$20.2bCA$12.2bCA$1.4b14.3x15x1.7x
Fri, 24 Jan 2025CA$19.4bCA$12.3bCA$1.4b13.9x14.4x1.6x
Sun, 22 Dec 2024CA$19.6bCA$12.3bCA$1.4b14x14.5x1.6x
Tue, 19 Nov 2024CA$20.1bCA$12.2bCA$1.3b13.9x14.9x1.6x
Thu, 17 Oct 2024CA$20.9bCA$12.1bCA$1.1b18.6x19.4x1.7x
Sat, 14 Sep 2024CA$20.4bCA$12.0bCA$1.1b18.1x18.9x1.7x
Mon, 12 Aug 2024CA$19.4bCA$12.1bCA$1.1b16.4x18x1.6x
Wed, 10 Jul 2024CA$18.8bCA$12.1bCA$529.5m12.3x35.4x1.6x
Fri, 07 Jun 2024CA$19.0bCA$12.1bCA$528.2m12.9x36x1.6x
Sun, 05 May 2024CA$18.6bCA$12.2bCA$1.0b14.1x18.3x1.5x
Tue, 02 Apr 2024CA$18.5bCA$12.2bCA$1.1b13.1x17x1.5x
Thu, 29 Feb 2024CA$18.1bCA$12.6bCA$680.7m12.1x26.5x1.4x
Sat, 27 Jan 2024CA$18.3bCA$15.7bCA$881.2m10.2x20.8x1.2x
Mon, 25 Dec 2023CA$18.7bCA$15.7bCA$885.7m10.2x21.1x1.2x
Wed, 22 Nov 2023CA$18.7bCA$15.8bCA$874.5m10.3x21.4x1.2x
Fri, 20 Oct 2023CA$16.7bCA$16.1bCA$810.4m9.9x20.6x1x
Sun, 17 Sep 2023CA$19.4bCA$16.0bCA$815.3m10.5x23.8x1.2x
Tue, 15 Aug 2023CA$19.6bCA$16.0bCA$816.9m10.6x24x1.2x
Price to Earnings Ratio

24x


Total Market Cap: CA$19.6bTotal Earnings: CA$816.9mTotal Revenue: CA$16.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Multi-Utilities Industry Price to Earnings3Y Average 28x202420252026
Current Industry PE
    There are only 3 companies in the Canadian Multi-Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Multi-Utilities industry have declined 15% per year over the last three years,
  • Revenues have also declined 7.5% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Multi-Utilities compare with similar industries?

CA Market2.22%
Utilities-2.63%
Other Utilities-4.63%
Multi-Utilities-4.63%
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

Latest News

CU
CA$52.89
Canadian Utilities
7D
-5.1%
1Y
38.7%
Narrative Update • Jul 31

CU: Higher P/E Assumptions And New Pipeline Projects Will Support A Balanced Outlook

Analysts have raised the fair value estimate for Canadian Utilities to CA$54.71 from CA$50.71, reflecting a series of higher price targets in the CA$54 to CA$58 range and updated assumptions for revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent research on Canadian Utilities shows a series of price target revisions clustered in the CA$53 to CA$58 range.
ACO.X
CA$75.57
ATCO
7D
-5.3%
1Y
50.1%
Narrative Update • Jul 31

ACO.X: Higher Street Confidence And Project Pipeline Progress Are Expected To Support Returns

Analysts have raised the ATCO fair value estimate from CA$72.43 to CA$82.00, reflecting updated assumptions on revenue growth, profit margins and future P/E that are consistent with a series of recent price target increases across major Canadian banks. Analyst Commentary Recent research on ATCO points to a broadly constructive tone on valuation, with several bullish analysts revising price targets higher while still highlighting areas where execution and sector trends could affect how the story plays out.
AQN
CA$7.99
Algonquin Power & Utilities
7D
-2.6%
1Y
2.3%