In 2015, the province of Ontario began the privatization of Hydro One through a series of initial public offerings. Even though the province is a minority shareholder, it holds an outsize influence on the future of the company. The political atmosphere has stabilized for Hydro One, reducing the risk of politicians' future interference.
Hydro One's regulated transmission and distribution assets provide cash flow clarity.
Hydro One faces significant political risk with the province of Ontario's 47% ownership stake.
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Metric
|
H
|
EIX
|
FTS
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.02 | 17.26 | 19.26 |
Price/Book Value | 2.26 | 2.43 | 1.43 |
Price/Sales | 3.32 | 1.99 | 2.62 |
Price/Cash Flow | 12.07 | 8.83 | 7.82 |
|
Metric
|
H
|
EIX
|
FTS
|
|---|---|---|---|
Quick Ratio | 0.36 | 0.42 | 0.41 |
Current Ratio | 0.40 | 1.03 | 0.69 |
Interest Coverage | 3.12 | 1.51 | 2.55 |
|
Metric
|
H
|
EIX
|
FTS
|
|---|---|---|---|
Return on Assets (Normalized) | 3.70% | 1.29% | 2.33% |
Return on Equity (Normalized) | 10.46% | 7.68% | 7.65% |
Return on Invested Capital (Normalized) | 6.28% | 4.19% | 4.80% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| Bzvzddsbmg | Lrypks | $174.8 Bil | |||
| Southern Co
SO
| Rsdkdxlcd | Fqjgjm | $99.3 Bil | |||
| Duke Energy Corp
DUK
| Fcdytgld | Nhclpy | $89.4 Bil | |||
| National Grid PLC ADR
NGG
| Dtdwwcv | Cspn | $65.7 Bil | |||
| American Electric Power Co Inc
AEP
| Rlbpqvk | Rhkwkxy | $53.9 Bil | |||
| PG&E Corp
PCG
| Lxxnhxb | Wttj | $51.0 Bil | |||
| Dominion Energy Inc
D
| Mztrspxt | Zzyfps | $48.7 Bil | |||
| Public Service Enterprise Group Inc
PEG
| Nqztzkp | Dnjjbl | $45.6 Bil | |||
| Exelon Corp
EXC
| Qdjyplqy | Pysfhc | $40.8 Bil | |||
| Consolidated Edison Inc
ED
| Hysrptpg | Xdycs | $36.0 Bil |
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United States