Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Canadian Utilities Limited (CU-X.TO)

Company Dividend Discount ModelIndustry: Diversified UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$26.52 - $43.36$34.04
Multi-Stage$57.25 - $62.84$59.99
Blended Fair Value$47.01
Current Price$34.40
Upside36.67%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS4.37%12.76%1.981.982.002.011.961.601.341.351.000.84
YoY Growth--0.00%-1.11%-0.55%2.84%22.45%19.01%-0.27%35.32%18.50%40.99%
Dividend Yield--5.75%5.31%5.28%5.92%5.76%4.38%3.90%3.46%2.72%2.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)649.00
(-) Cash Dividends Paid (M)624.00
(=) Cash Retained (M)25.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)129.8081.1348.68
Cash Retained (M)25.0025.0025.00
(-) Cash Required (M)-129.80-81.13-48.68
(=) Excess Retained (M)-104.80-56.13-23.68
(/) Shares Outstanding (M)270.27270.27270.27
(=) Excess Retained per Share-0.39-0.21-0.09
LTM Dividend per Share2.312.312.31
(+) Excess Retained per Share-0.39-0.21-0.09
(=) Adjusted Dividend1.922.102.22
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate-0.84%0.16%1.16%
Fair Value$26.52$34.04$43.36
Upside / Downside-22.90%-1.05%26.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)649.00650.07651.14652.21653.28654.36673.99
Payout Ratio96.15%94.92%93.69%92.46%91.23%90.00%92.50%
Projected Dividends (M)624.00617.03610.04603.03595.99588.92623.44

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.35%6.35%6.35%
Growth Rate-0.84%0.16%1.16%
Year 1 PV (M)574.41580.21586.00
Year 2 PV (M)528.68539.40550.22
Year 3 PV (M)486.50501.37516.54
Year 4 PV (M)447.61465.94484.83
Year 5 PV (M)411.76432.94454.99
PV of Terminal Value (M)13,022.9913,693.0114,390.32
Equity Value (M)15,471.9616,212.8716,982.90
Shares Outstanding (M)270.27270.27270.27
Fair Value$57.25$59.99$62.84
Upside / Downside66.41%74.38%82.66%

High-Yield Dividend Screener

« Prev Page 116 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
601717.SSZCZL Industrial Technology Group Company Limited Class A0.47%$0.124.37%
603999.SSDuZhe Publish&Media Co.,Ltd0.47%$0.0327.06%
605196.SSHebei Huatong Wires and Cables Group Co., Ltd.0.47%$0.1627.88%
6831.TWOTaiwan Microloops Corp.0.47%$1.1234.18%
7715.TNagano Keiki Co., Ltd.0.47%$11.384.07%
ORIENTCQ.BOOriental Carbon & Chemicals Limited0.47%$3.599.54%
SABE.PASaint Jean Groupe S.A.0.47%$0.1010.99%
SANDSandstorm Gold Ltd.0.47%$0.0649.36%
000967.SZInfore Environment Technology Group Co., Ltd.0.46%$0.0328.13%
002517.SZKingnet Network Co., Ltd.0.46%$0.1011.06%
002687.SZZhejiang Giuseppe Garment Co., Ltd0.46%$0.0218.23%
012450.KSHanwha Aerospace Co., Ltd.0.46%$4,318.978.54%
017960.KSHankuk Carbon Co., Ltd.0.46%$127.059.66%
0580.HKSun.King Technology Group Limited0.46%$0.016.21%
300615.SZXDC Industries (Shenzhen) Limited0.46%$0.0684.60%
3017.TWAsia Vital Components Co., Ltd.0.46%$6.7322.60%
5939.TOtani Kogyo Co.,Ltd.0.46%$29.848.22%
600883.SSYunnan Bowin Technology Industry Co.,Ltd0.46%$0.0424.13%
603078.SSJiangyin Jianghua Microelectronics Materials Co., Ltd0.46%$0.0835.00%
603881.SSShanghai AtHub Co.,Ltd.0.46%$0.1468.23%
605086.SSLongyan Kaolin Clay Co., Ltd.0.46%$0.2133.54%
688318.SSShenzhen Fortune Trend technology Co., Ltd.0.46%$0.6032.56%
7581.TSaizeriya Co.,Ltd.0.46%$25.1611.12%
CASN3.SACompanhia Catarinense de Águas e Saneamento - CASAN0.46%$0.0516.52%
000100.KSYuhan Corporation0.45%$506.9855.01%
002580.SZShandong Sacred Sun Power Sources Co.,Ltd0.45%$0.0612.88%
002595.SZHimile Mechanical Science and Technology (Shandong) Co., Ltd0.45%$0.3812.60%
300239.SZBaotou Dongbao Bio-Tech Co.,Ltd0.45%$0.0322.62%
300442.SZRange Intelligent Computing Technology Group Company Limited0.45%$0.248.12%
300850.SZLuoyang Xinqianglian Slewing Bearing Co., Ltd.0.45%$0.189.66%
300877.SZAnHui Jinchun Nonwoven Co., Ltd.0.45%$0.1316.98%
3013.TWChenming Electronic Tech. Corp.0.45%$0.5915.42%
600353.SSChengdu Xuguang Electronics Co., Ltd.0.45%$0.0749.07%
600668.SSZhejiang Jianfeng Group Co., Ltd.0.45%$0.053.04%
600673.SSGuangdong Hec Technologyholding Co., Ltd0.45%$0.1030.44%
600980.SSBGRIMM Technology Co., Ltd.0.45%$0.1017.50%
601117.SSChina National Chemical Engineering Co., Ltd0.45%$0.033.39%
603678.SSFujian Torch Electron Technology Co., Ltd.0.45%$0.1626.27%
ADVE.STAdvenica AB (publ)0.45%$0.0916.90%
DSV.CODSV A/S0.45%$7.1516.56%
MTRS.STMunters Group AB (publ)0.45%$0.8853.87%
ODL.OLOdfjell Drilling Ltd.0.45%$0.4090.93%
POLYCAB.BOPolycab India Limited0.45%$34.9321.40%
002276.SZZhejiang Wanma Co., Ltd.0.44%$0.0715.00%
035420.KSNAVER Corporation0.44%$1,089.508.47%
074600.KQWonik QnC Corporation0.44%$99.819.58%
214150.KQCLASSYS Inc.0.44%$257.0016.59%
300113.SZHangzhou Shunwang Technology Co,Ltd0.44%$0.0916.69%
300557.SZWuhan Ligong Guangke Co., Ltd.0.44%$0.1639.53%
300772.SZWindey Energy Technology Group Co., Ltd.0.44%$0.0814.53%