Central Vermont Public Service Corp. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

November 2024 | 50 pages | ID: C0AD99A8B24BEN
BAC Reports

Abstracts

Central Vermont Public Service Corp. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Central Vermont Public Service Corp. and its competitors. This provides our Clients with a clear understanding of Central Vermont Public Service Corp. position in the Utilities Industry.

• The report contains detailed information about Central Vermont Public Service Corp. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Central Vermont Public Service Corp.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Central Vermont Public Service Corp. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Central Vermont Public Service Corp. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Central Vermont Public Service Corp. business.

About Central Vermont Public Service Corp.

Central Vermont Public Service Corporation engages in the purchase, production, transmission, distribution, and sale of electricity. The company serves approximately 159,000 customers in 163 towns, villages, and cities in Vermont.

Subsidiaries

The company’s wholly owned subsidiaries include Custom Investment Corporation (Custom), C.V. Realty Inc, CVPSC - East Barnet Hydroelectric Inc, and Catamount Resources Corporation (CRC).

Custom Investment Corporation was formed for the purpose of holding passive investments, including the stock of its subsidiaries that invest in regulated business opportunities.

C.V. Realty, Inc. is a real estate company that owns, buys, sells, and leases real and personal property and interests therein related to the utility business.

CVPSC - East Barnet Hydroelectric Inc. is formed to finance and construct a hydroelectric facility in Vermont.

Catamount Resources Corporation (CRC) is formed to hold its investments in unregulated business opportunities. CRC’s wholly owned subsidiary, Eversant Corporation, engages in the sale and rental of electric water heaters in Vermont and New Hampshire through a wholly owned subsidiary, SmartEnergy Water Heating Services, Inc.

Equity Ownership

The company owns 58.85 percent of the common stock of Vermont Yankee Nuclear Power Corporation (VYNPC), which was initially formed by a group of New England utilities to build and operate a nuclear-powered generating plant in Vernon, Vermont.

The company owns 47.05 percent of the common stock and 48.03 percent of the preferred stock of Vermont Electric Power Company, Inc. (VELCO). VELCO’s wholly owned subsidiary, Vermont Electric Transmission Company, Inc., was formed to finance, construct, and operate the Vermont portion of the 450 kV DC transmission line connecting the Province of Quebec with Vermont and the rest of New England.

The company owns 33.35 percent of the voting equity units of Transco, which was formed by VELCO and its owners, including the company. Transco owns and operates the high-voltage transmission system in Vermont. VELCO owns 11.32 percent of the voting equity units of Transco. The company’s total direct and indirect (through its VELCO ownership) interest in Transco is 38.68 percent of the voting equity units.

The company owns 2 percent of the common stock of Maine Yankee Atomic Power Company (Maine Yankee), 2 percent of the common stock of Connecticut Yankee Atomic Power Company Connecticut Yankee), and 3.5 percent of the common stock of Yankee Atomic Electric Company (Yankee Atomic). The company also owns small generating facilities and has joint ownership interests in certain Vermont and regional generating facilities.

The company has two principal operating segments, consisting of the principal regulated utility business and the aggregate of the other non-utility companies.

Products and Services

The company’s operations consist primarily of retail and resale sales. Retail sales comprise sales to a diversified customer mix, including residential, commercial, and industrial customers. Resale sales comprise long-term sales to third parties in New England, sales in the energy markets.

Sources and Availability of Power Supply: The company’s power supply portfolio includes sources used to serve its retail electric load requirements. As of December 31, 2009, energy generation and purchased power required to serve retail customers totaled 2,316,000 mWh.

Wholly Owned Plants: The company’s wholly owned plants are located in Vermont, and have a combined nameplate capacity of 74.2 MW. The company operates these plants, which include 20 hydroelectric generating facilities with nameplate capacities ranging from a low of 0.3 MW to a high of 7.5 MW, for an aggregate nameplate capacity of 45.3 MW; and 2 oil-fired gas turbines with a combined nameplate capacity of 26.5 MW.

Jointly Owned Plants: The company has joint-ownership interests in three generating facilities and one transmission facility.

VYNPC: The company purchases its entitlement share of Vermont Yankee plant output from VYNPC under a long-term power contract between VYNPC and Entergy-Vermont Yankee.

Hydro-Quebec: The company purchases power from Hydro-Quebec under the Vermont Joint Owners (VJO) Power Contract. The VJO is a group of Vermont electric companies, municipal utilities and cooperatives.

Independent Power Producers: The company purchases power from various Independent Power Producers (IPPs). Power is allocated by a state-appointed purchasing agent that assigns power to Vermont utilities under PSB rules.

System and Other Purchases, including ISO-New England: The company participates in the New England regional wholesale electric power markets operated by ISO-New England, Inc., the regional bulk power transmission organization established to power supply in New England.

History

Central Vermont Public Service Corporation was founded in 1929.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. CENTRAL VERMONT PUBLIC SERVICE CORP. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. CENTRAL VERMONT PUBLIC SERVICE CORP. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. CENTRAL VERMONT PUBLIC SERVICE CORP. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. CENTRAL VERMONT PUBLIC SERVICE CORP. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. CENTRAL VERMONT PUBLIC SERVICE CORP. COMPETITORS AND INDUSTRY ANALYSIS

5.1. Central Vermont Public Service Corp. Direct Competitors
5.2. Comparison of Central Vermont Public Service Corp. and Direct Competitors Financial Ratios
5.3. Comparison of Central Vermont Public Service Corp. and Direct Competitors Stock Charts
5.4. Central Vermont Public Service Corp. Industry Analysis
5.4.1. Utilities Industry Snapshot
  5.4.2. Central Vermont Public Service Corp. Industry Position Analysis

6. CENTRAL VERMONT PUBLIC SERVICE CORP. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. CENTRAL VERMONT PUBLIC SERVICE CORP. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. CENTRAL VERMONT PUBLIC SERVICE CORP. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. CENTRAL VERMONT PUBLIC SERVICE CORP. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. CENTRAL VERMONT PUBLIC SERVICE CORP. PORTER FIVE FORCES ANALYSIS²

12. CENTRAL VERMONT PUBLIC SERVICE CORP. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Central Vermont Public Service Corp. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Central Vermont Public Service Corp. 1-year Stock Charts
Central Vermont Public Service Corp. 5-year Stock Charts
Central Vermont Public Service Corp. vs. Main Indexes 1-year Stock Chart
Central Vermont Public Service Corp. vs. Direct Competitors 1-year Stock Charts
Central Vermont Public Service Corp. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Central Vermont Public Service Corp. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Central Vermont Public Service Corp. Key Executives
Central Vermont Public Service Corp. Major Shareholders
Central Vermont Public Service Corp. History
Central Vermont Public Service Corp. Products
Revenues by Segment
Revenues by Region
Central Vermont Public Service Corp. Offices and Representations
Central Vermont Public Service Corp. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Central Vermont Public Service Corp. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Central Vermont Public Service Corp. Capital Market Snapshot
Central Vermont Public Service Corp. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Utilities Industry Statistics
Central Vermont Public Service Corp. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Central Vermont Public Service Corp. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?