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Hydro One Ltd H

Morningstar Rating
CAD 37.73 −0.02 (0.05%)
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Company Report

Price vs Fair Value

H is trading at a 8% premium.
Price
CAD 37.75
Fair Value
CAD 83.00
Uncertainty
Low
1-Star Price
CAD 47.55
5-Star Price
CAD 48.00
Economic Moat
Ybhty
Capital Allocation
Lmgwwyc

Bulls Say, Bears Say

Bulls

Hydro One's regulated transmission and distribution assets provide cash flow clarity.

Bears

Hydro One faces significant political risk with the province of Ontario's 47% ownership stake.

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News

Trading Information

Previous Close Price
CAD 37.75
Day Range
CAD 37.2737.97
52-Week Range
CAD 32.7941.69
Bid/Ask
CAD 37.71 / CAD 37.73
Market Cap
CAD 22.60 Bil
Volume/Avg
172,746 / 911,778

Key Statistics

Price/Earnings (Normalized)
20.89
Price/Sales
2.87
Dividend Yield (Trailing)
3.15%
Dividend Yield (Forward)
3.15%
Total Yield
3.14%

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% common equity stake.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Core
Total Number of Employees
9,200

Competitors

Valuation

Metric
H
FTS
EMA
Price/Earnings (Normalized)
20.8916.9515.62
Price/Book Value
1.931.291.24
Price/Sales
2.872.211.68
Price/Cash Flow
10.437.035.44
Price/Earnings
H
FTS
EMA

Financial Strength

Metric
H
FTS
EMA
Quick Ratio
0.450.380.38
Current Ratio
0.500.670.82
Interest Coverage
3.232.532.19
Quick Ratio
H
FTS
EMA

Profitability

Metric
H
FTS
EMA
Return on Assets (Normalized)
3.42%2.46%1.07%
Return on Equity (Normalized)
9.50%8.11%4.05%
Return on Invested Capital (Normalized)
5.88%4.95%3.86%
Return on Assets
H
FTS
EMA
See how this stock stacks up to its competitors with Morningstar Investor

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