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Caribbean Utilities Company TSX:CUP.U Stock Report

Last Price

US$13.54

Market Cap

US$570.3m

7D

-2.8%

1Y

17.7%

Updated

30 Jan, 2025

Data

Company Financials +

Caribbean Utilities Company, Ltd.

TSX:CUP.U Stock Report

Market Cap: US$570.3m

CUP.U Stock Overview

Engages in the generation, transmission, and distribution of electricity in Grand Cayman. More details

CUP.U fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends2/6

Rewards

Trading at 66.4% below our estimate of its fair value

Earnings are forecast to grow 8.6% per year

Earnings have grown 9.1% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 5.47% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Caribbean Utilities Company, Ltd. Competitors

Emera

TSX:EMA

CA$16.1b

Hydro One

TSX:H

CA$26.7b

Fortis

TSX:FTS

CA$30.4b

Superior Plus

TSX:SPB

CA$1.4b

Price History & Performance

Summary of share price highs, lows and changes for Caribbean Utilities Company
Historical stock prices
Current Share PriceUS$13.54
52 Week HighUS$14.49
52 Week LowUS$11.20
Beta0.43
1 Month Change-3.15%
3 Month Change-1.10%
1 Year Change17.74%
3 Year Change-9.73%
5 Year Change-19.07%
Change since IPO2.03%

Recent News & Updates

Caribbean Utilities Company's (TSE:CUP.U) Solid Earnings May Rest On Weak Foundations

Nov 13
Caribbean Utilities Company's (TSE:CUP.U) Solid Earnings May Rest On Weak Foundations

Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.185

Aug 30
Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.185

Recent updates

Caribbean Utilities Company's (TSE:CUP.U) Solid Earnings May Rest On Weak Foundations

Nov 13
Caribbean Utilities Company's (TSE:CUP.U) Solid Earnings May Rest On Weak Foundations

Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.185

Aug 30
Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.185

Caribbean Utilities Company (TSE:CUP.U) Is Paying Out A Larger Dividend Than Last Year

May 21
Caribbean Utilities Company (TSE:CUP.U) Is Paying Out A Larger Dividend Than Last Year

Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings Are

Feb 16
Statutory Profit Doesn't Reflect How Good Caribbean Utilities Company's (TSE:CUP.U) Earnings Are

Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) Revenues

Feb 15
Need To Know: One Analyst Is Much More Bullish On Caribbean Utilities Company, Ltd. (TSE:CUP.U) Revenues

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Feb 09
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Nov 11
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Aug 29
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.18

Caribbean Utilities Company (TSE:CUP.U) Has Announced That It Will Be Increasing Its Dividend To $0.18

May 15
Caribbean Utilities Company (TSE:CUP.U) Has Announced That It Will Be Increasing Its Dividend To $0.18

Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.175

Feb 18
Caribbean Utilities Company (TSE:CUP.U) Has Affirmed Its Dividend Of $0.175

Broker Revenue Forecasts For Caribbean Utilities Company, Ltd. (TSE:CUP.U) Are Surging Higher

Nov 04
Broker Revenue Forecasts For Caribbean Utilities Company, Ltd. (TSE:CUP.U) Are Surging Higher

Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.175

Aug 14
Caribbean Utilities Company (TSE:CUP.U) Is Due To Pay A Dividend Of $0.175

We Like Caribbean Utilities Company's (TSE:CUP.U) Earnings For More Than Just Statutory Profit

Aug 10
We Like Caribbean Utilities Company's (TSE:CUP.U) Earnings For More Than Just Statutory Profit

Shareholder Returns

CUP.UCA Electric UtilitiesCA Market
7D-2.8%-1.2%0.05%
1Y17.7%23.8%17.5%

Return vs Industry: CUP.U underperformed the Canadian Electric Utilities industry which returned 23.8% over the past year.

Return vs Market: CUP.U matched the Canadian Market which returned 17.5% over the past year.

Price Volatility

Is CUP.U's price volatile compared to industry and market?
CUP.U volatility
CUP.U Average Weekly Movement2.7%
Electric Utilities Industry Average Movement3.0%
Market Average Movement8.3%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market2.9%

Stable Share Price: CUP.U has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: CUP.U's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966277J. F. Hewwww.cuc-cayman.com

Caribbean Utilities Company, Ltd. engages in the generation, transmission, and distribution of electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 436 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cables.

Caribbean Utilities Company, Ltd. Fundamentals Summary

How do Caribbean Utilities Company's earnings and revenue compare to its market cap?
CUP.U fundamental statistics
Market capUS$570.33m
Earnings (TTM)US$39.27m
Revenue (TTM)US$294.86m

14.5x

P/E Ratio

1.9x

P/S Ratio

Is CUP.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CUP.U income statement (TTM)
RevenueUS$294.86m
Cost of RevenueUS$191.91m
Gross ProfitUS$102.94m
Other ExpensesUS$63.68m
EarningsUS$39.27m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.93
Gross Margin34.91%
Net Profit Margin13.32%
Debt/Equity Ratio124.1%

How did CUP.U perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

71%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 00:21
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Caribbean Utilities Company, Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ross Allen FowlerBarclays
Michael McGowanBMO Capital Markets Equity Research
Samuel KanesScotiabank Global Banking and Market