CLP Holdings Ltd CLPHF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- $7.83
- Day Range
- $7.97–7.97
- 52-Week Range
- $7.19–8.11
- Bid/Ask
- $8.18 / $8.90
- Market Cap
- $20.14 Bil
- Volume/Avg
- 5,500 / 16,931
Key Statistics
- Price/Earnings (Normalized)
- 15.33
- Price/Sales
- 1.81
- Dividend Yield (Trailing)
- 4.97%
- Dividend Yield (Forward)
- 4.97%
- Total Yield
- 4.97%
Company Profile
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Core
- Total Number of Employees
- 8,041
- Website
- https://www.clpgroup.com
Competitors
Valuation
|
Metric
|
CLPHF
|
AGL
|
01038
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.33 | 22.12 | 14.89 |
Price/Book Value | 1.54 | 1.26 | 0.97 |
Price/Sales | 1.81 | 0.57 | 19.92 |
Price/Cash Flow | 8.68 | 4.16 | 32.09 |
Price/Earnings
CLPHF
AGL
01038
Financial Strength
|
Metric
|
CLPHF
|
AGL
|
01038
|
|---|---|---|---|
Quick Ratio | 0.41 | 0.80 | 1.38 |
Current Ratio | 0.63 | 1.09 | 1.48 |
Interest Coverage | 6.67 | 1.63 | 10.77 |
Quick Ratio
CLPHF
AGL
01038
Profitability
|
Metric
|
CLPHF
|
AGL
|
01038
|
|---|---|---|---|
Return on Assets (Normalized) | 4.34% | 3.90% | 5.09% |
Return on Equity (Normalized) | 9.70% | 11.11% | 6.92% |
Return on Invested Capital (Normalized) | 6.46% | 7.09% | 5.55% |
Return on Assets
CLPHF
AGL
01038
Utilities - Regulated Electric Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Tytphfsg | Qqsmz | $156.3 Bil | |
SO
| Southern Co | Crvxnrrfd | Wfdwkmq | $87.0 Bil | |
DUK
| Duke Energy Corp | Spjztfm | Sxlybg | $79.4 Bil | |
NGG
| National Grid PLC ADR | Lmlptqdcs | Ltzcl | $53.6 Bil | |
AEP
| American Electric Power Co Inc | Wwqbxmd | Kdmtcm | $48.8 Bil | |
PCG
| PG&E Corp | Twbsyskz | Ylfd | $48.6 Bil | |
D
| Dominion Energy Inc | Hzynyssn | Cklkxv | $44.8 Bil | |
EXC
| Exelon Corp | Gljqgnh | Tgzknzg | $38.6 Bil | |
PEG
| Public Service Enterprise Group Inc | Hnqnhwfn | Qyswfs | $37.1 Bil | |
ED
| Consolidated Edison Inc | Myhpxnfj | Jtwkg | $33.6 Bil |