Canadian Utilities Limited and its subsidiaries engage in the electricity, pipelines and liquids, and retail energy businesses worldwide.
Undervalued established dividend payer.
Share Price & News
How has Canadian Utilities's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CDUT.F's share price has been volatile over the past 3 months.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: Insufficient data to determine how CDUT.F performed against the US Integrated Utilities industry.
Return vs Market: Insufficient data to determine how CDUT.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Canadian Utilities's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Canadian Utilities undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CDUT.F ($13.87) is trading below our estimate of fair value ($31.02)
Significantly Below Fair Value: CDUT.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CDUT.F is good value based on its PE Ratio (10.3x) compared to the Integrated Utilities industry average (19.7x).
PE vs Market: CDUT.F is good value based on its PE Ratio (10.3x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: CDUT.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CDUT.F is good value based on its PB Ratio (1.7x) compared to the US Integrated Utilities industry average (1.8x).
How is Canadian Utilities forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CDUT.F's earnings are forecast to decline over the next 3 years (-13.6% per year).
Earnings vs Market: CDUT.F's earnings are forecast to decline over the next 3 years (-13.6% per year).
High Growth Earnings: CDUT.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CDUT.F's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: CDUT.F's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CDUT.F's Return on Equity is forecast to be low in 3 years time (12.6%).
How has Canadian Utilities performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CDUT.F has a large one-off gain of CA$174.0M impacting its December 31 2019 financial results.
Growing Profit Margin: CDUT.F's current net profit margins (22.6%) are higher than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: CDUT.F's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: CDUT.F's earnings growth over the past year (55.9%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: CDUT.F earnings growth over the past year (55.9%) exceeded the Integrated Utilities industry 5.7%.
Return on Equity
High ROE: CDUT.F's Return on Equity (13.8%) is considered low.
How is Canadian Utilities's financial position?
Financial Position Analysis
Short Term Liabilities: CDUT.F's short term assets (CA$1.7B) exceed its short term liabilities (CA$739.0M).
Long Term Liabilities: CDUT.F's short term assets (CA$1.7B) do not cover its long term liabilities (CA$12.4B).
Debt to Equity History and Analysis
Debt Level: CDUT.F's debt to equity ratio (129.6%) is considered high.
Reducing Debt: CDUT.F's debt to equity ratio has reduced from 130.6% to 129.6% over the past 5 years.
Debt Coverage: CDUT.F's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: CDUT.F's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Inventory Level: CDUT.F has a high level of physical assets or inventory.
Debt Coverage by Assets: CDUT.F's debt is not covered by short term assets (assets are 0.2x debt).
What is Canadian Utilities's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CDUT.F's dividend (5.23%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: CDUT.F's dividend (5.23%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: CDUT.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CDUT.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.1%), CDUT.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CDUT.F's dividends in 3 years are forecast to be covered by earnings (78.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siegfried Kiefer (60yo)
Mr. Siegfried W. Kiefer serves as President and Chief Executive Officer of Canadian Utilities Limited at ATCO Limited since 2019 and serves as President and Chief Executive Officer of CU Inc. Mr. Kiefer ha ...
CEO Compensation Analysis
Compensation vs Market: Siegfried's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD7.28M).
Compensation vs Earnings: Siegfried's compensation has been consistent with company performance over the past year.
|President & CEO||0.83yr||CA$2.11m||0.036% CA$2.3m|
|Executive VP & CFO||2.67yrs||CA$872.20k||0.021% CA$1.4m|
|Executive Vice President of Corporate Development||no data||CA$1.07m||0.013% CA$793.1k|
|Executive VP & GM of Utilities||0.58yr||CA$1.22m||0.011% CA$722.2k|
|President of Retail & Chief Digital Officer||no data||CA$1.23m||no data|
|VP & Chief Information Officer||no data||no data||no data|
|Senior Manager of Investor Relations||no data||no data||no data|
|Vice President of Human Resources||1.67yrs||no data||no data|
|Special Advisor to the CEO and Senior VP of IT & Real Estate||2.67yrs||CA$500.73k||no data|
|Managing Director for Australia||2.83yrs||no data||0.0040% CA$252.6k|
Experienced Management: CDUT.F's management team is considered experienced (2.2 years average tenure).
|Executive Chair||7.25yrs||CA$3.50m||0.41% CA$26.0m|
|Independent Director||20.17yrs||CA$322.56k||0.031% CA$2.0m|
|Independent Director||11.83yrs||CA$245.40k||0.0082% CA$516.5k|
|Vice Chair of the Board||3yrs||CA$221.70k||0.33% CA$20.6m|
|Independent Director||5.83yrs||CA$285.70k||0.0041% CA$257.6k|
|Independent Lead Director||13.83yrs||CA$328.10k||0.012% CA$781.1k|
|Independent Director||13.83yrs||CA$257.40k||0.015% CA$963.4k|
|Independent Director||5.83yrs||CA$215.40k||0.0052% CA$330.4k|
|Independent Director||5.83yrs||CA$221.40k||0.0055% CA$347.5k|
|Independent Director||0.83yr||no data||0.00063% CA$39.9k|
Experienced Board: CDUT.F's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Canadian Utilities Limited's company bio, employee growth, exchange listings and data sources
- Name: Canadian Utilities Limited
- Ticker: CDUT.F
- Exchange: OTCPK
- Founded: 1927
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: CA$8.950b
- Listing Market Cap: CA$6.330b
- Shares outstanding: 272.67m
- Website: https://www.canadianutilities.com
Number of Employees
- Canadian Utilities Limited
- West Building
- 4th floor
- T3E 8B4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CU.X||TSX (The Toronto Stock Exchange)||Class B Common Shares||CA||CAD||Aug 1973|
|CDUU.F||OTCPK (Pink Sheets LLC)||Class B Common Shares||US||USD||Aug 1973|
|CU||TSX (The Toronto Stock Exchange)||Yes||Class A Non-Voting Shares||CA||CAD||Sep 1982|
|CUD||DB (Deutsche Boerse AG)||Yes||Class A Non-Voting Shares||DE||EUR||Sep 1982|
|CDUA.F||OTCPK (Pink Sheets LLC)||Yes||Class A Non-Voting Shares||US||USD||Sep 1982|
|CU.PRE||TSX (The Toronto Stock Exchange)||2ND PF SH SER BB||CA||CAD||Jul 2012|
|CU.PRF||TSX (The Toronto Stock Exchange)||CUMRED PFDSHS CC||CA||CAD||Mar 2013|
|CU.PRH||TSX (The Toronto Stock Exchange)||2ND PFD SER-EE||CA||CAD||Aug 2015|
|CU.PRI||TSX (The Toronto Stock Exchange)||4.5% 2ND PFD FF||CA||CAD||Sep 2015|
|CDUT.F||OTCPK (Pink Sheets LLC)||4.5% 2ND PFD FF||US||USD||Sep 2015|
Canadian Utilities Limited and its subsidiaries engage in the electricity, pipelines and liquids, and retail energy businesses worldwide. It operates through Electricity, Pipelines & Liquids, and Corporate & Other segments. The Electricity segment provides electricity generation, transmission, distribution; and related infrastructure solutions in Alberta, Ontario, the Yukon, the Northwest Territories, in Canada, as well as in Australia and Mexico. The Pipelines & Liquids segment offers integrated natural gas transmission, distribution, and storage; industrial water solutions; and related infrastructure development throughout Alberta and the Lloydminster area of Saskatchewan in Canada, as well as Western Australia and Mexico. The Corporate & Other segment engages in retail electricity and natural gas businesses. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:50|
|End of Day Share Price||2020/03/26 00:00|
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.