Caribbean Utilities Co: Top 10 Undervalued Utilities Sector Stocks on TSX (CUP-U)
Caribbean Utilities Co is now ranked among the top 10 undervalued stocks in the Utilities sector on the Toronto Stock Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| CUP-U | Caribbean Utilities Co | 12.47 | 16.96 | 4.49 (36.0%) | 1163 | 470.6 | 5.7 | 13.9 |
| ARR | Altius Renewable | 7.45 | 9.55 | 2.10 (28.1%) | 11966 | 233.1 | 0.0 | 0.0 |
| SPG | Spark Power Group | 0.79 | 0.98 | 0.19 (24.5%) | 107724 | 72.0 | 0.0 | 0.0 |
| INE | Innergex Renewable Energy | 9.61 | 10.97 | 1.36 (14.1%) | 603179 | 1962.4 | 7.5 | 0.0 |
| LCFS | Tidewater Renewables | 8.25 | 9.02 | 0.77 (9.3%) | 2699 | 293.8 | 0.0 | 0.0 |
| MXG | Maxim Power | 4.15 | 4.30 | 0.15 (3.5%) | 6503 | 265.7 | 0.0 | 7.7 |
| PIF | Polaris Renewable Energy | 13.75 | 13.98 | 0.23 (1.6%) | 45712 | 290.1 | 5.9 | 19.8 |
| HEO | H2O Innovation | 4.19 | 4.14 | -0.05 (-1.2%) | 465179 | 377.1 | 0.0 | 0.0 |
| SXI | Synex Renewable Energy | 1.70 | 1.65 | -0.05 (-2.7%) | 154 | 6.9 | 0.0 | 0.0 |
All data provided as-at market close October 17, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Caribbean Utilities Co
Caribbean Utilities Co Ltd is the sole supplier of electricity on Grand Cayman with a total installed generating capacity of 166 MW, nine transformer substations, approximately 552 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company uses diesel generation to produce electricity for Grand Cayman.
Caribbean Utilities Co is listed under CUP-U on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
