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Canadian Utilities Limited (CU.TO)

CAD53.29 +0.38 (+0.72%)
CA TSX Utilities Diversified Utilities
Address West Building T3E 8B4
Calgary, AB, CA
CEO Robert J. Myles
IPO 2000-08-15
ISIN CA1367178326

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Also trades on Other OTC · CNAUF (USD) Other OTC · CDUTF (USD) Other OTC · CDUUF (USD) Other OTC · CDUAF (USD) Other OTC · CUTLF (USD) Toronto Stock Exchange · CU.TO (CAD) Toronto Stock Exchange · CU-X.TO (CAD)
Description

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, and liquids businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Financing & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and in the Lloydminster area of Saskatchewan; and international electricity services, as well as offers integrated natural gas transmission and distribution services throughout Alberta and in the Lloydminster area of Saskatchewan. The ATCO EnPower segment provides electricity generation, natural gas storage, industrial water solutions, and related infrastructure development throughout Alberta, the Northwest Territories, Ontario, Mexico, and Chile. The ATCO Australia segment offers regulated natural gas distribution services in Western Australia and electricity generation services. It also provides home maintenance solutions. The company was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited is a subsidiary of ATCO Ltd.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD53.29 +0.38 (+0.72%)
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Volume Profile
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Liquidity & share structure
Average Volume
588.3K
Beta
0.59
Float Shares
127.38M
Free Float %
62.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.35% +0.25% -4.84% +6.03% +13.58% +13.15% +31.85% +22.50% +37.09% +31.31% +666.24%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
53.29
DCF (Unlevered) 85.74 +60.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 14% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 6 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.78
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
2 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Diversified Utilities: +5.3%
    -1.4% Q1'26: -0.1% (vs Q1'25)
  • EPS growth Diversified Utilities: +4.4%
    -89.9% Q1'26: -6.3% (vs Q1'25)
  • FCF margin FCF growth · Diversified Utilities: +8.5%
    +0.5% Q1'26: +14.9% (vs Q1'25)
  • EBIT margin Diversified Utilities: +20.5%
    +15.5% Q1'26: +36.3% (vs Q1'25)
  • ROIC Diversified Utilities: +4.5%
    +2.0% Q1'26: +6.6% (vs Q1'25)
  • Share dilution Diversified Utilities: -0.2%
    +0.2% Q1'26: +0.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Diversified Utilities: 3.55×
    6.67× Q1'26: 5.21× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.60) × ERP
WACC = 51% × Ke + 49% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 84.40 Current price: 53.29
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
3 EPS Ana.
Dec 2027
2 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.58B
est: 2.85B (-9.4%)
2.70B
est: 2.76B (-2.3%)
3.00B
est: 3.11B (-3.4%)
3.04B
est: 3.43B (-11.4%)
3.38B
est: 3.52B (-4.0%)
3.60B
est: 3.65B (-1.5%)
3.26B
est: 3.47B (-6.0%)
3.40B
est: 3.34B (+1.6%)
4.09B
est: 3.74B (+9.2%)
4.38B
est: 4.05B (+8.0%)
3.91B
est: 4.18B (-6.7%)
3.23B
est: 3.44B (-6.0%)
3.52B
est: 3.52B (-0.1%)
4.05B
est: 4.05B (+0.0%)
3.80B
est: 3.74B (+1.6%)
3.74B
est: 4.07B (-8.0%)
3.69B
est: 4.07B (-9.3%)
4.21B
3.92B – 4.51B
+3.5% YoY
4.59B
4.00B – 5.18B
+9.0% YoY
5.53B
5.14B – 5.92B
+20.4% YoY
EBITDA
1.20B
est: 828.67M (+45.3%)
1.14B
est: 765.76M (+48.9%)
1.28B
est: 819.55M (+56.1%)
1.38B
est: 951.63M (+44.5%)
1.52B
est: 941.63M (+61.4%)
1.68B
est: 1.05B (+60.0%)
1.36B
est: 1.17B (+16.7%)
1.80B
est: 880.69M (+104.3%)
1.71B
est: 1.19B (+42.8%)
1.96B
est: 958.22M (+104.9%)
2.06B
est: 1.09B (+88.9%)
1.55B
est: 936.61M (+65.7%)
1.53B
est: 982.79M (+56.0%)
1.81B
est: 994.84M (+81.4%)
2.03B
est: 2.15B (-5.8%)
1.76B
est: 2.34B (-24.8%)
1.87B
est: 2.34B (-20.4%)
2.43B
2.26B – 2.60B
+3.5% YoY
2.65B
2.31B – 2.99B
+9.0% YoY
3.19B
2.96B – 3.41B
+20.4% YoY
EBIT
874.30M
est: 802.30M (+9.0%)
800.20M
est: 764.50M (+4.7%)
906.00M
est: 859.45M (+5.4%)
963.00M
est: 1.01B (-4.8%)
1.06B
est: 1.02B (+3.8%)
1.19B
est: 1.10B (+8.4%)
846.00M
est: 1.23B (-31.1%)
1.22B
est: 810.46M (+50.8%)
1.11B
est: 1.40B (-20.9%)
1.32B
est: 1.20B (+10.6%)
1.48B
est: 1.38B (+7.2%)
942.00M
est: 1.20B (-21.5%)
882.00M
est: 1.26B (-29.9%)
1.16B
est: 1.27B (-8.8%)
1.30B
est: 984.21M (+32.4%)
1.05B
est: 1.07B (-1.9%)
572.00M
est: 1.07B (-46.6%)
1.11B
1.03B – 1.19B
+3.5% YoY
1.21B
1.05B – 1.37B
+9.0% YoY
1.46B
1.35B – 1.56B
+20.4% YoY
Net Income
507.30M
est: 473.95M (+7.0%)
448.00M
est: 491.36M (-8.8%)
515.00M
est: 537.86M (-4.3%)
553.00M
est: 568.55M (-2.7%)
587.00M
est: 595.58M (-1.4%)
711.00M
est: 624.94M (+13.8%)
352.00M
est: 724.35M (-51.4%)
620.00M
est: 334.05M (+85.6%)
514.00M
est: 694.94M (-26.0%)
634.00M
est: 551.54M (+15.0%)
951.00M
est: 654.44M (+45.3%)
427.00M
est: 774.54M (-44.9%)
393.00M
est: 812.72M (-51.6%)
632.00M
est: 822.69M (-23.2%)
707.00M
480.00M
est: 642.41M (-25.3%)
119.00M
est: 657.99M (-81.9%)
698.12M
673.04M – 723.20M
+6.1% YoY
732.54M
688.97M – 776.11M
+4.9% YoY
790.60M
718.26M – 862.95M
+7.9% YoY
SGA
258.70M
est: 260.38M (-0.6%)
541.00M
est: 250.57M (+115.9%)
441.00M
est: 299.78M (+47.1%)
497.00M
est: 704.34M (-29.4%)
513.00M
est: 737.28M (-30.4%)
511.00M
est: 529.03M (-3.4%)
463.00M
est: 511.24M (-9.4%)
388.00M
est: 483.05M (-19.7%)
353.00M
est: 434.90M (-18.8%)
428.00M
est: 378.78M (+13.0%)
343.00M
est: 441.80M (-22.4%)
341.00M
est: 279.35M (+22.1%)
362.00M
est: 293.13M (+23.5%)
374.00M
est: 296.72M (+26.0%)
393.00M
est: 366.15M (+7.3%)
449.00M
est: 398.37M (+12.7%)
262.00M
est: 398.58M (-34.3%)
412.72M
383.66M – 441.77M
+3.5% YoY
450.06M
392.18M – 507.94M
+9.0% YoY
541.93M
503.78M – 580.08M
+20.4% YoY
EPS
1.86
est: 1.60 (+16.5%)
1.61
est: 1.78 (-9.5%)
1.83
est: 1.96 (-6.4%)
2.03
est: 2.01 (+1.2%)
2.10
est: 2.28 (-8.1%)
2.52
est: 2.16 (+16.8%)
1.12
est: 1.90 (-40.9%)
2.07
est: 2.11 (-1.8%)
1.66
est: 2.27 (-26.7%)
2.08
est: 2.08 (-0.2%)
3.24
est: 2.20 (+47.4%)
1.32
est: 1.88 (-29.9%)
1.22
est: 2.14 (-43.0%)
2.07
est: 2.48 (-16.7%)
2.33
1.48
est: 2.36 (-37.3%)
0.15
est: 2.42 (-93.8%)
2.54
2.47 – 2.66
+4.9% YoY
2.72
2.53 – 2.85
+7.3% YoY
2.91
2.64 – 3.17
+6.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 C 2/5 1/5 1/5 2/5 2/5 1/5 3/5
2026-05-06 C 2/5 1/5 1/5 2/5 2/5 1/5 3/5
2026-05-05 C- 1/5 1/5 1/5 2/5 1/5 1/5 3/5
2026-05-04 C- 1/5 1/5 1/5 2/5 1/5 1/5 3/5
2026-05-01 C 2/5 1/5 1/5 3/5 1/5 1/5 3/5
2026-04-30 C 2/5 1/5 1/5 3/5 1/5 1/5 3/5
2026-04-29 C 2/5 1/5 1/5 3/5 1/5 1/5 3/5
2026-04-28 C 2/5 1/5 1/5 3/5 1/5 1/5 3/5
2026-04-27 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-24 C 2/5 1/5 1/5 4/5 1/5 1/5 2/5
2026-04-23 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-22 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-21 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-20 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-17 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-16 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5
2026-04-15 C 2/5 1/5 1/5 4/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-16.58M
OE per share TTM
-0.06
Owner's Yield
-0.13%
Maintenance CapEx ratio
138.90%
Maint CapEx / Avg PPE
514.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
1.56M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q4
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
1
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MN SERVICES VERMOGENSBEHEER B.V. 50.0K +3.3K (+7.0%) 1.56M +251.0K (+19.2%) 0.02% +0.001 pp 0.01% +0.001 pp CAD34.95 +22.3% 19 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
66.3K
Shares Outstanding
205.54M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Nancy C. Southern Executive Chairman 3M female
Robert J. Myles Chief Executive Officer 2M male
Katherine-Jane Patrick Executive Vice President, Chief Financial Officer & Chief Investment Officer 1M female
Rebecca A. Penrice Executive Vice President & Chief Administration Officer 1M female
John Vincent Ivulich Chief Executive Officer & Country Chair of ATCO Australia 1M male
Donald J. Sharpe Chief Operating Officer of ATCO Energy Systems 1M male
Kurt Kadatz Senior Communications Manager male
Boris I. Rassin President of ATCO Sustainable Communities male
Deanna Girard Vice President of Human Resources male
Alan Skiffington Vice President & Chief Information Officer male
Kyle Brunner Senior Vice President, General Counsel & Corporate Secretary male
Lisa Cooke Senior Vice President & Chief Marketing Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits