HYDRO ONE LIMITED

H
Delayed Quote. Delayed  - 07/27 02:31:26 pm
30.46CAD +0.63%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 17 12018 108
Entreprise Value (EV)1 30 69532 091
P/E ratio 9,71x19,4x
Yield 3,49%3,48%
Capitalization / Revenue 2,35x2,49x
EV / Revenue 4,21x4,41x
EV / EBITDA 13,0x12,9x
Price to Book 1,63x1,72x
Nbr of stocks (in thousands) 597 558598 217
Reference price (CAD) 28,730,3
Announcement Date 02/24/2021-
Previous period Next period
1 CAD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 7 2907 269
EBITDA1 2 3662 478
Operating profit (EBIT)1 1 4821 547
Operating Margin 20,3%21,3%
Pre-Tax Profit (EBT)1 1 0111 036
Net income1 1 770935
Net margin 24,3%12,9%
EPS2 2,951,56
Dividend per Share2 1,001,05
Announcement Date 02/24/2021-
Previous period Next period
1 CAD in Million
2 CAD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 13 57513 983
Net Cash position1 --
Leverage (Debt / EBITDA) 5,74x5,64x
Free Cash Flow1 312168
ROE (Net Profit / Equities) 17,4%8,79%
Shareholders' equity1 10 16210 641
ROA (Net Profit / Asset) 6,17%3,10%
Assets1 28 67730 173
Book Value Per Share2 17,617,6
Cash Flow per Share2 3,383,30
Capex1 1 7181 875
Capex / Sales 23,6%25,8%
Announcement Date 02/24/2021-
Previous period Next period
1 CAD in Million
2 CAD
Financial Ratios
Size 2021e 2022e
Capitalization 18 108 M CAD -
Entreprise Value (EV) 32 091 M CAD 32 475 M CAD
Valuation 2021e 2022e
P/E ratio (Price / EPS) 19,4x 18,7x
Capitalization / Revenue 2,49x 2,36x
EV / Revenue 4,41x 4,18x
EV / EBITDA 12,9x 12,2x
Yield (DPS / Price) 3,48% 3,65%
Price to book (Price / BVPS) 1,72x 1,67x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 21,3% 21,5%
Operating Leverage (Delta EBIT / Delta Sales) - 1,20x
Net Margin (Net Profit / Revenue) 12,9% 12,7%
ROA (Net Profit / Asset) 3,10% 3,20%
ROE (Net Profit / Equities) 8,79% 8,86%
Rate of Dividend 67,7% 68,1%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   25,8% 24,0%
Cash Flow / Sales 27,2% 27,8%
Capital Intensity (Assets / Sales) 4,15x 3,97x
Financial Leverage (Net Debt / EBITDA) 5,64x 5,45x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend