Morningstar

CK Infrastructure Holdings Ltd 01038

Morningstar Rating
Unlock
Stock XHKG Rating as of
HK$54.50 +0.45 (0.83%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

CKI Expected to See Increased Acquisition Opportunities; London Listing Expands Base

Lorraine Tan

CK Infrastructure functions almost like an infrastructure trust where it owns a portfolio of regulated utilities and other infrastructure-related activities with stable income streams. The company receives dividends from its assets and builds up cash to make periodic acquisitions of similar assets. Low- to mid-single-digit organic earnings growth is lifted by income contribution from acquisitions.

Read Full Report

Price vs Fair Value

View History
01038 is trading within a range we consider fairly valued.
Price
HK$54.50
Fair Value
HK$52.00
Uncertainty
Low
1-Star Price
HK$21.40
5-Star Price
HK$87.30
Economic Moat
Dnq
Capital Allocation
Thjmztywy

Bulls Say, Bears Say

Bulls

CKI is well-poised to make a material acquisition that can lift growth prospects.

Bears

Low allowed returns for CKI's British and Australian utilities raise the risk that weather-related disruptions will lead to penalties and reduced earnings.

Show More

Trading Information

Previous Close Price
HK$54.05
Day Range
HK$52.55–54.50
52-Week Range
HK$35.20–58.80
Bid/Ask
HK$54.45 / HK$54.50
Market Cap
HK$137.32 Bil
Volume/Avg
6.4 Mil / 3.3 Mil

Key Statistics

Price/Earnings (Normalized)
16.97
Price/Sales
25.97
Dividend Yield (Trailing)
4.72%
Dividend Yield (Forward)
4.72%
Total Yield
4.72%

Company Profile

CK Infrastructure Holdings is a leading global utility and infrastructure investment company with a focus on regulated utility assets. It is part of the CK Hutchison group of companies, holding the bulk of the group infrastructure businesses. CKI’s investments stretch across Hong Kong, the UK, Australia, Europe, Canada, and New Zealand. The UK division contributes about half of total group net profit. The company also owns an infrastructure materials business in Hong Kong and mainland China, producing cement, concrete, asphalt, and aggregates.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Core
Total Number of Employees
2,408
Website
https://www.cki.com.hk

Competitors

Valuation

View More
Metric
01038
00006
00002
Price/Earnings (Normalized)
 16.9716.2416.90
Price/Book Value
 1.131.261.71
Price/Sales
 25.97100.462.02
Price/Cash Flow
 49.0490.607.09
Price/Earnings
01038
00006
00002

Financial Strength

Metric
01038
00006
00002
Quick Ratio
 0.490.470.50
Current Ratio
 0.560.490.70
Interest Coverage
 9.0942.707.16
Quick Ratio
01038
00006
00002

Profitability

Metric
01038
00006
00002
Return on Assets (Normalized)
 5.18%7.18%4.79%
Return on Equity (Normalized)
 6.96%7.74%10.74%
Return on Invested Capital (Normalized)
 5.70%7.43%7.09%
Return on Assets
01038
00006
00002

Utilities - Regulated Electric Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NextEra Energy Inc
NEE
VckjhkppkJbgrlb$173.8 Bil
 Southern Co
SO
PslwjrzlrjTntcvgc$98.6 Bil
 Duke Energy Corp
DUK
DllwrfxlnWwlnwbw$89.6 Bil
 National Grid PLC ADR
NGG
ZsnthsssHbyr$67.8 Bil
 American Electric Power Co Inc
AEP
ZqtvdncrFxppwk$54.2 Bil
 PG&E Corp
PCG
RlqytprKhxg$51.8 Bil
 Dominion Energy Inc
D
YfbkrxlqShqnm$48.0 Bil
 Public Service Enterprise Group Inc
PEG
WyrjlvmlMzwdmzq$44.0 Bil
 Exelon Corp
EXC
ZvgkbfqDjhlvq$40.4 Bil
 Consolidated Edison Inc
ED
MwjhxytVzjh$36.0 Bil

Sponsor Center