In 2015, the province of Ontario began the privatization of Hydro One through a series of initial public offerings. Even though the province is a minority shareholder, it holds an outsize influence on the future of the company. The political atmosphere has stabilized for Hydro One, reducing the risk of politicians' future interference.
Hydro One's regulated transmission and distribution assets provide cash flow clarity.
Hydro One faces significant political risk with the province of Ontario's 47% ownership stake.
|
Metric
|
H
|
FTS
|
EMA
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.41 | 17.49 | 15.77 |
Price/Book Value | 1.98 | 1.33 | 1.25 |
Price/Sales | 2.94 | 2.28 | 1.70 |
Price/Cash Flow | 10.69 | 7.25 | 5.49 |
|
Metric
|
H
|
FTS
|
EMA
|
|---|---|---|---|
Quick Ratio | 0.45 | 0.38 | 0.38 |
Current Ratio | 0.50 | 0.67 | 0.82 |
Interest Coverage | 3.23 | 2.53 | 2.19 |
|
Metric
|
H
|
FTS
|
EMA
|
|---|---|---|---|
Return on Assets (Normalized) | 3.42% | 2.31% | 1.07% |
Return on Equity (Normalized) | 9.50% | 7.60% | 4.05% |
Return on Invested Capital (Normalized) | 5.88% | 4.76% | 3.86% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Sxhzjvjkpk | Vbtpmh | $138.5 Bil | |
SO
| Southern Co | Lttjszwmvk | Bsyvbxx | $81.4 Bil | |
DUK
| Duke Energy Corp | Ptzwnstq | Vhtsd | $76.2 Bil | |
NGG
| National Grid PLC ADR | Ctwgwpjl | Mfbn | $49.0 Bil | |
AEP
| American Electric Power Co Inc | Kbphxjscm | Zbrnvbn | $45.6 Bil | |
PCG
| PG&E Corp | Qlndhcb | Jwpw | $45.1 Bil | |
D
| Dominion Energy Inc | Gtpltlnsq | Mgynnt | $42.8 Bil | |
EXC
| Exelon Corp | Mbxykgjb | Rjjytk | $37.7 Bil | |
PEG
| Public Service Enterprise Group Inc | Rbcbkstfz | Ckkdhl | $34.2 Bil | |
ED
| Consolidated Edison Inc | Nvsdzvfhm | Zjj | $32.5 Bil |
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