CLP Holdings Ltd CLPHF

Morningstar Rating
$9.20 −1.04 (10.16%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CLPHF is trading at a LOCK|?KbjwC premium.
Price
$9.20
Fair Value
LOCK|>?rjbVw
Uncertainty
#%@
1-Star Price
LOCK|.K!b$Kp^
5-Star Price
LOCK|GPRWqs
Economic Moat
LOCK|tVz%
Capital Allocation
—

News

Trading Information

Previous Close Price
$10.24
Day Range
$9.20–9.20
52-Week Range
$8.25–10.65
Bid/Ask
$0.01 / $13.92
Shares Outstanding
2.53B
Market Cap
$23.24B
Volume/Avg
617 / 3,701

Key Statistics

Price/Earnings (Normalized)
15.38
Price/Sales
2.06
Dividend Yield (Trailing)
4.44%
Dividend Yield (Forward)
3.50%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
4.44%

Company Profile

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the territory’s population. It generates, transmits, and distributes electricity to about 2.8 million customer accounts in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government, with a permitted return on net fixed assets of 8% to December 2033. About 70% of group EBITDA is from Hong Kong, its highest-quality business. Besides Hong Kong, the company has expanded overseas, with generation and energy retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Value
Total Number of Employees
8,437

Competitors

Valuation

Metric
CLPHF
01038
00006
Price/Earnings (Normalized)
15.3812.1715.07
Price/Book Value
1.651.151.25
Price/Sales
2.0639.6018.16
Price/Cash Flow
7.9172.37854.56
Price/Earnings
CLPHF
01038
00006

Financial Strength

Metric
CLPHF
01038
00006
Quick Ratio
0.513.8111.02
Current Ratio
0.663.8811.17
Interest Coverage
10.5331.3282.13
Quick Ratio
CLPHF
01038
00006

Profitability

Metric
CLPHF
01038
00006
Return on Assets (Normalized)
4.70%8.38%6.75%
Return on Equity (Normalized)
10.52%10.80%7.28%
Return on Invested Capital (Normalized)
6.82%8.94%6.90%
Return on Assets
CLPHF
01038
00006

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