C

Canadian Utilities Ltd
TSX:CU

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Canadian Utilities Ltd
TSX:CU
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Price: 38.11 CAD -0.29% Market Closed
Market Cap: 7.8B CAD

Relative Value

The Relative Value of one CU stock under the Base Case scenario is 84.49 CAD. Compared to the current market price of 38.11 CAD, Canadian Utilities Ltd is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CU Relative Value
Base Case
84.49 CAD
Undervaluation 55%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
4
vs Industry
41
Median 3Y
1.8
Median 5Y
1.9
Industry
1.7
Forward
1.8
vs History
33
vs Industry
29
Median 3Y
12.7
Median 5Y
14.4
Industry
15.1
Forward
15.5
vs History
31
vs Industry
62
Median 3Y
3.7
Median 5Y
3.7
Industry
7.2
vs History
36
vs Industry
12
Median 3Y
14.4
Median 5Y
12.2
Industry
14.4
vs History
9
vs Industry
56
Median 3Y
1
Median 5Y
1
Industry
1.4
vs History
1
vs Industry
27
Median 3Y
4.3
Median 5Y
4.3
Industry
2.8
Forward
4.4
vs History
1
vs Industry
58
Median 3Y
5
Median 5Y
5
Industry
7.9
vs History
12
vs Industry
39
Median 3Y
9.2
Median 5Y
9.5
Industry
10.6
Forward
8.5
vs History
30
vs Industry
31
Median 3Y
15.4
Median 5Y
15.8
Industry
15.1
Forward
27.9
vs History
19
vs Industry
49
Median 3Y
8.9
Median 5Y
8.8
Industry
11.1
vs History
1
vs Industry
9
Median 3Y
36.3
Median 5Y
31.1
Industry
17.4
vs History
6
vs Industry
52
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9

Multiples Across Competitors

CU Competitors Multiples
Canadian Utilities Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Utilities Ltd
TSX:CU
7.8B CAD 2.1 17.5 10.6 18
UK
National Grid PLC
LSE:NG
50.9B GBP 2.8 17.6 11.3 16.7
FR
Engie SA
PAR:ENGI
45.2B EUR 0.6 9.2 4.9 7.5
US
Sempra Energy
NYSE:SRE
52.8B USD 4 19.8 16.1 29.6
US
Dominion Energy Inc
NYSE:D
51.5B USD 3.4 23.1 13.4 21
US
Sempra
VSE:SREN
43.4B EUR 3.8 19 15.7 28.9
DE
E.ON SE
XETRA:EOAN
41.2B EUR 0.5 9.2 6.1 9
US
Public Service Enterprise Group Inc
NYSE:PEG
42B USD 3.8 21.2 15.5 23.7
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
Consolidated Edison Inc
NYSE:ED
35.9B USD 2.3 19 12.3 21.8
US
WEC Energy Group Inc
NYSE:WEC
34.2B USD 3.7 20.6 14 22.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
C
Canadian Utilities Ltd
TSX:CU
Average EV/EBITDA: 11.8
10.6
16%
0.7
UK
National Grid PLC
LSE:NG
11.3
10%
1.1
FR
Engie SA
PAR:ENGI
4.9
0%
N/A
US
Sempra Energy
NYSE:SRE
16.1
8%
2
US
Dominion Energy Inc
NYSE:D
13.4
13%
1
US
S
Sempra
VSE:SREN
15.7
8%
2
DE
E.ON SE
XETRA:EOAN
6.1
-8%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
15.5
13%
1.2
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
Consolidated Edison Inc
NYSE:ED
12.3
13%
0.9
US
WEC Energy Group Inc
NYSE:WEC
14
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
C
Canadian Utilities Ltd
TSX:CU
Average EV/EBIT: 21.3
18
N/A N/A
UK
National Grid PLC
LSE:NG
16.7
12%
1.4
FR
Engie SA
PAR:ENGI
7.5
1%
7.5
US
Sempra Energy
NYSE:SRE
29.6
11%
2.7
US
Dominion Energy Inc
NYSE:D
21
17%
1.2
US
S
Sempra
VSE:SREN
28.9
11%
2.6
DE
E.ON SE
XETRA:EOAN
9
-11%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
23.7
17%
1.4
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
Consolidated Edison Inc
NYSE:ED
21.8
15%
1.5
US
WEC Energy Group Inc
NYSE:WEC
22.4
13%
1.7