Hydro One Ltd HRNNF
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.
News
Trading Information
- Previous Close Price
- $39.31
- Day Range
- $40.09–40.28
- 52-Week Range
- $35.12–44.02
- Bid/Ask
- $35.39 / $46.19
- Shares Outstanding
- 600.10M
- Market Cap
- $24.17B
- Volume/Avg
- 136,919 / 74,728
Key Statistics
- Price/Earnings (Normalized)
- 24.42
- Price/Sales
- 3.60
- Dividend Yield (Trailing)
- 2.41%
- Dividend Yield (Forward)
- 2.47%
- Total Yield
- 2.41%
Company Profile
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47.5% common equity stake.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Core
- Total Number of Employees
- 9,100
- Website
- https://www.hydroone.com
Competitors
Valuation
|
Metric
|
HRNNF
|
EMA
|
EIX
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.42 | 20.41 | 9.79 |
Price/Book Value | 2.62 | 1.69 | 1.54 |
Price/Sales | 3.60 | 2.42 | 1.39 |
Price/Cash Flow | 12.56 | 8.12 | 3.49 |
Price/Earnings
HRNNF
EMA
EIX
Financial Strength
|
Metric
|
HRNNF
|
EMA
|
EIX
|
|---|---|---|---|
Quick Ratio | 0.48 | 0.34 | 0.28 |
Current Ratio | 0.54 | 0.73 | 0.66 |
Interest Coverage | 3.29 | 2.03 | 3.72 |
Quick Ratio
HRNNF
EMA
EIX
Profitability
|
Metric
|
HRNNF
|
EMA
|
EIX
|
|---|---|---|---|
Return on Assets (Normalized) | 3.89% | 2.34% | 2.60% |
Return on Equity (Normalized) | 11.98% | 8.60% | 14.64% |
Return on Invested Capital (Normalized) | 6.68% | 5.71% | 6.05% |
Return on Assets
HRNNF
EMA
EIX
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
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United States