Asia utilities growing

Global utilities valuations

Global Utilities: LatAm And Asia Growing Fastest, US Trading At Highest PEs, Japan At Tightest Yields

A recent report by Citi attempts to contrast global utilities valuations and highlight key investment opportunities. Summarizing, Asian and LatAm utilities, while growing fastest at 14-16%, trade at dividend yields of 3.5% and 5.3% reflecting risks. Japanese, US and European have dividend yields of 2.4%, 3.5% and 5.5% consistent with their growth profiles of 7%, 6% and 2.7%, respectively.