Obermatt
See Similar Stocks →

Hydro One

TOR:H · CA4488112083
Electric UtilitiesLarge

360

6
EV / EBIT16
Price / Owner Earnings92
Owner Earnings Yield1
Dividend Yield41
Price/Sales26
EV / Gross Profit10
Price/Book38
Return on Capital61
Cash Return on Capital49
Return on Equity67
EBIT Margin75
Gross Profitability35
Cash Conversion39
Accruals37
Owner Earnings Margin41
Sales growth32
Profit Growth47
Long-Term EPS Growth39
Reinvestment46
Price momentum53
Debt load52
Refinancing19
Debt Payback1
Liquidity78
Analyst ratings7
Opinion Changes50
Price Target Upside17
Market mood9
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hydro One clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryCanada
IndustryElectric Utilities
SizeLarge
TypePublic Company
ExchangeTSX
Founded2015
Employees3,671
Websitehydroone.com
ISINCA4488112083
Last UpdateApr 2, 2026
Indices
TSX Composite (Canada)
Themes
Power GridOptical InfrastructureElectric Vehicle Charging Infrastructure

Description

Hydro One Limited (Hydro One), through its wholly-owned subsidiary, Hydro One Inc., operates as an electricity transmission and distribution utility. Hydro One owns and operates substantially all of Ontario’s electricity transmission network, and is…

Analysis

Hope premium

Hydro One Limited carries what we call a hope premium: an average business trading at an ambitious price.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 8/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
1
2023202420252026

All-time high

99

Jan 2023

All-time low

1

Jun 2026

Average rank

51

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
26
37
26
70
Price/Earnings
16
26
19
69
Price/Book
38
37
40
74
Dividend Yield
41
29
27
35
Value (overall)
15
35
27
37

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Hydro One with its peers
Eversource Energy
NYQ:ES
27
CountryUSA
IndustryElectric Utilities
SizeLarge
Full Stock Analysis →
FirstEnergy
NYQ:FE
48
CountryUSA
IndustryElectric Utilities
SizeLarge
Full Stock Analysis →
Xcel Energy
NSQ:XEL
12
CountryUSA
IndustryElectric Utilities
SizeLarge
Full Stock Analysis →
MGE Energy
NSQ:MGEE
15
CountryUSA
IndustryElectric Utilities
SizeMedium
Full Stock Analysis →
PPL
NYQ:PPL
26
CountryUSA
IndustryElectric Utilities
SizeLarge
Full Stock Analysis →
Fortis
TOR:FTS
9
CountryCanada
IndustryElectric Utilities
SizeLarge
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →