H:CA:TSX-Hydro One Limited

EQUITY | Utilities - Regulated | Toronto Stock Exchange

Last Closing

CAD 22.86

Change

0.00 (0.00)%

Market Cap

CAD 13.93B

Volume

0.82M

Analyst Target

CAD 21.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Hydro One Ltd is engaged in transmission and distribution of electricity. Its projects include Clarington Transformer Station project, Wood Pole Replacements project, E4D Transmission Upgrade project and Guelph Area Transmission Refurbishment project.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-06-16 )

Largest Industry Peers for Utilities - Regulated

ETFs Containing H:CA

FDV:CA 0.00 % 0.94 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.89% 72% C 76% C+
Dividend Return 2.33% 24% F 63% D
Total Return 15.22% 72% C 79% B-
Trailing 12 Months  
Capital Gain 14.53% 81% B- 90% A-
Dividend Return 4.67% 38% F 64% D
Total Return 19.20% 81% B- 91% A-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain -4.18% 6% D- 17% F
Dividend Return -1.40% 8% B- 18% F
Total Return 2.79% 17% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 7.52% 79% B- 69% C-
Risk Adjusted Return -18.61% 9% A- 18% F
Market Capitalization 13.93B 97% N/A 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Regulated) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 18.60 100% 98%
Price/Book Ratio 1.36 36% 36%
Price / Cash Flow Ratio 2.13 11% 28%
Price/Free Cash Flow Ratio 326.57 4% 1%
Management Effectiveness  
Return on Equity -0.68% 9% 32%
Return on Invested Capital 6.34% 42% 52%
Return on Assets -0.26% 9% 34%
Debt to Equity Ratio 117.25% 78% 28%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector