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HK Electric Investments and HK Electric Investments Ltd Stapled Secs Cons o HKCVF

Morningstar Rating
$0.62 −0.03 (3.92%)
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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

HKCVF is trading at a 14% discount.
Price
$0.62
Fair Value
$4.26
Uncertainty
High
1-Star Price
$6.19
5-Star Price
$6.86
Economic Moat
Whdzgyn
Capital Allocation
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Trading Information

Previous Close Price
$0.64
Day Range
$0.620.62
52-Week Range
$0.560.65
Bid/Ask
$0.59 / $0.62
Market Cap
$5.48 Bil
Volume/Avg
1,010 / 816

Key Statistics

Price/Earnings (Normalized)
12.57
Price/Sales
3.76
Dividend Yield (Trailing)
6.60%
Dividend Yield (Forward)
6.60%
Total Yield
6.60%

Company Profile

HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Value
Total Number of Employees
1,657

Comparables

Valuation

Metric
HKCVF
00836
00002
Price/Earnings (Normalized)
12.577.1415.15
Price/Book Value
0.871.101.52
Price/Sales
3.760.911.79
Price/Cash Flow
6.283.478.58
Price/Earnings
HKCVF
00836
00002

Financial Strength

Metric
HKCVF
00836
00002
Quick Ratio
0.270.510.41
Current Ratio
0.490.590.63
Interest Coverage
3.634.696.67
Quick Ratio
HKCVF
00836
00002

Profitability

Metric
HKCVF
00836
00002
Return on Assets (Normalized)
2.62%4.37%4.34%
Return on Equity (Normalized)
6.41%16.01%9.70%
Return on Invested Capital (Normalized)
4.11%6.39%6.46%
Return on Assets
HKCVF
00836
00002
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Regulated Electric Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NEE
NextEra Energy IncGldyyjwmhKqkcc$141.5 Bil
SO
Southern CoJtcrqjpgZcnlcgc$82.3 Bil
DUK
Duke Energy CorpTkktdxmLwcmt$76.6 Bil
NGG
National Grid PLC ADRFcnfcfcnFdck$49.4 Bil
AEP
American Electric Power Co IncGvqvrrswVtczcv$46.5 Bil
PCG
PG&E CorpQndxnvkmKtl$45.8 Bil
D
Dominion Energy IncZgdlvhkksZnwpnkx$42.8 Bil
EXC
Exelon CorpXhvycgcckZszlx$37.9 Bil
PEG
Public Service Enterprise Group IncDxkmngftFsyyhb$34.9 Bil
ED
Consolidated Edison IncKfbbnhvkyLsmkq$32.9 Bil

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