Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
EMA-PC.TOthis companyEmera Incorporated	CA$25.30	19.95×	1.51×	2.44×	11.85×	-294.7%	24.6%	18.7%	13.1%	8.1%	3.5%	-8.5%	1.62×	6.07×	1.5×	0.66×	3.2%	8	0.7	3	B-
AQN.TOAlgonquin Power & Utilities Corp.	CA$7.82	26.72×	1.02×	1.93×	12.34×	-743.4%	24.0%	20.6%	7.5%	4.0%	2.6%	-3.8%	1.41×	7.15×	1.76×	1×	4.6%	6	0.28	2	C+
CU.TOCanadian Utilities Limited	CA$51.83	284.87×	1.82×	3.15×	11.7×	27.4%	24.8%	15.5%	3.2%	1.9%	1.5%	0.9%	1.95×	5.88×	1.14×	1.56×	5.0%	6	0.84	1	C-
FTS.TOFortis Inc.	CA$84.05	20.99×	1.51×	2.95×	11.93×	-123.3%	72.3%	28.7%	14.8%	7.6%	4.1%	-6.0%	1.46×	5.83×	2.36×	0.51×	2.4%	4	0.87	2	B-
H.TOHydro One Limited	CA$57.13	24.5×	2.59×	3.62×	15.25×	-141.3%	24.8%	24.8%	14.8%	10.6%	5.2%	-0.8%	1.52×	5.53×	3.23×	0.61×	2.4%	6	1.38	3	B-
Peer median	—	25.61×	1.66×	3.05×	12.13×	-132.3%	24.8%	22.7%	11.2%	5.8%	3.4%	-2.3%	1.49×	5.85×	2.06×	0.8×	3.5%	6	0.85	2	—