Comparing HK Electric Investments and HK Electric Investments (OTCMKTS:HKCVF) & Pinnacle West Capital (NYSE:PNW)

by · The Markets Daily

Pinnacle West Capital (NYSE:PNWGet Free Report) and HK Electric Investments and HK Electric Investments (OTCMKTS:HKCVFGet Free Report) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership.

Valuation & Earnings

This table compares Pinnacle West Capital and HK Electric Investments and HK Electric Investments”s gross revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Pinnacle West Capital$5.34 billion2.30$616.53 million$5.3718.91
HK Electric Investments and HK Electric InvestmentsN/AN/AN/AN/AN/A

Pinnacle West Capital has higher revenue and earnings than HK Electric Investments and HK Electric Investments.

Analyst Ratings

This is a summary of recent ratings and target prices for Pinnacle West Capital and HK Electric Investments and HK Electric Investments, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Pinnacle West Capital012302.20
HK Electric Investments and HK Electric Investments00000.00

Pinnacle West Capital currently has a consensus target price of $104.07, indicating a potential upside of 2.50%. Given Pinnacle West Capital’s stronger consensus rating and higher possible upside, research analysts plainly believe Pinnacle West Capital is more favorable than HK Electric Investments and HK Electric Investments.

Institutional and Insider Ownership

91.5% of Pinnacle West Capital shares are owned by institutional investors. 0.2% of Pinnacle West Capital shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Pinnacle West Capital and HK Electric Investments and HK Electric Investments’ net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Pinnacle West Capital11.52%8.97%2.12%
HK Electric Investments and HK Electric InvestmentsN/AN/AN/A

Summary

Pinnacle West Capital beats HK Electric Investments and HK Electric Investments on 9 of the 9 factors compared between the two stocks.

About Pinnacle West Capital

(Get Free Report)

Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains transmission and distribution substations; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

About HK Electric Investments and HK Electric Investments

(Get Free Report)

HK Electric Investments and HK Electric Investments Limited, an investment holding company, engages in the generation, transmission, distribution, and supply of electricity in Hong Kong Island and Lamma Island. As of December 31, 2023, the company operated 5 coal-fired units, 5 oil-fired gas turbine units, 3 gas-fired combined-cycle units, 1 solar power system, and 1 wind turbine with an installed capacity of 3,403 megawatts. It also operated a transmission and distribution network of 6,969 kilometers, as well as served 589,000 residential, commercial, and industrial customers. The company also involved in the financing business. HK Electric Investments and HK Electric Investments Limited was incorporated in 1889 and is headquartered in Hong Kong, Hong Kong.