Logo image of CPX-PR-A.CA

CAPITAL POWER CORP - CPXCN 2.621 PERP (CPX-PR-A.CA) Stock Fundamental Analysis

Canada - TSX:CPX-PR-A - CA14042M3003

22.75 CAD
-0.25 (-1.09%)
Last: 10/23/2025, 7:00:00 PM
Fundamental Rating

5

Overall CPX-PR-A gets a fundamental rating of 5 out of 10. We evaluated CPX-PR-A against 33 industry peers in the Independent Power and Renewable Electricity Producers industry. While CPX-PR-A is still in line with the averages on profitability rating, there are concerns on its financial health. CPX-PR-A is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

6

1. Profitability

1.1 Basic Checks

In the past year CPX-PR-A was profitable.
In the past year CPX-PR-A had a positive cash flow from operations.
In the past 5 years CPX-PR-A has always been profitable.
In the past 5 years CPX-PR-A always reported a positive cash flow from operatings.
CPX-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFCPX-PR-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

The Return On Assets of CPX-PR-A (2.70%) is better than 87.88% of its industry peers.
Looking at the Return On Equity, with a value of 8.38%, CPX-PR-A belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
With a Return On Invested Capital value of 2.50%, CPX-PR-A perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CPX-PR-A is in line with the industry average of 4.60%.
Industry RankSector Rank
ROA 2.7%
ROE 8.38%
ROIC 2.5%
ROA(3y)4.16%
ROA(5y)2.78%
ROE(3y)13.61%
ROE(5y)9.04%
ROIC(3y)5.9%
ROIC(5y)5.1%
CPX-PR-A.CA Yearly ROA, ROE, ROICCPX-PR-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

CPX-PR-A has a better Profit Margin (12.35%) than 93.94% of its industry peers.
CPX-PR-A's Profit Margin has improved in the last couple of years.
CPX-PR-A has a better Operating Margin (13.10%) than 63.64% of its industry peers.
In the last couple of years the Operating Margin of CPX-PR-A has declined.
With a Gross Margin value of 50.18%, CPX-PR-A perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
In the last couple of years the Gross Margin of CPX-PR-A has declined.
Industry RankSector Rank
OM 13.1%
PM (TTM) 12.35%
GM 50.18%
OM growth 3Y8.09%
OM growth 5Y-8.02%
PM growth 3Y99.71%
PM growth 5Y35.39%
GM growth 3Y-7.47%
GM growth 5Y-7.72%
CPX-PR-A.CA Yearly Profit, Operating, Gross MarginsCPX-PR-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

More info and screens

3

2. Health

2.1 Basic Checks

CPX-PR-A has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CPX-PR-A has more shares outstanding
Compared to 5 years ago, CPX-PR-A has more shares outstanding
Compared to 1 year ago, CPX-PR-A has an improved debt to assets ratio.
CPX-PR-A.CA Yearly Shares OutstandingCPX-PR-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
CPX-PR-A.CA Yearly Total Debt VS Total AssetsCPX-PR-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

Based on the Altman-Z score of 0.49, we must say that CPX-PR-A is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.49, CPX-PR-A is in line with its industry, outperforming 57.58% of the companies in the same industry.
CPX-PR-A has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
CPX-PR-A's Debt to Equity ratio of 1.34 is amongst the best of the industry. CPX-PR-A outperforms 87.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.34
Debt/FCF N/A
Altman-Z 0.49
ROIC/WACC0.44
WACC5.73%
CPX-PR-A.CA Yearly LT Debt VS Equity VS FCFCPX-PR-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.3 Liquidity

CPX-PR-A has a Current Ratio of 0.93. This is a bad value and indicates that CPX-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
CPX-PR-A has a Current ratio of 0.93. This is in the better half of the industry: CPX-PR-A outperforms 78.79% of its industry peers.
A Quick Ratio of 0.80 indicates that CPX-PR-A may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.80, CPX-PR-A is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.8
CPX-PR-A.CA Yearly Current Assets VS Current LiabilitesCPX-PR-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

More info and screens

3

3. Growth

3.1 Past

The earnings per share for CPX-PR-A have decreased strongly by -37.40% in the last year.
Measured over the past years, CPX-PR-A shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.29% on average per year.
The Revenue for CPX-PR-A has decreased by -17.76% in the past year. This is quite bad
The Revenue has been growing by 13.98% on average over the past years. This is quite good.
EPS 1Y (TTM)-37.4%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-280.39%
Revenue 1Y (TTM)-17.76%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%-43.02%

3.2 Future

Based on estimates for the next years, CPX-PR-A will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.17% on average per year.
CPX-PR-A is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.20% yearly.
EPS Next Y-66.42%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
EPS Next 5Y9.17%
Revenue Next Year-6.92%
Revenue Next 2Y6.01%
Revenue Next 3Y6.24%
Revenue Next 5Y-1.2%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CPX-PR-A.CA Yearly Revenue VS EstimatesCPX-PR-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
CPX-PR-A.CA Yearly EPS VS EstimatesCPX-PR-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

CPX-PR-A is valuated cheaply with a Price/Earnings ratio of 7.15.
CPX-PR-A's Price/Earnings ratio is rather cheap when compared to the industry. CPX-PR-A is cheaper than 90.91% of the companies in the same industry.
CPX-PR-A's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.67.
With a Price/Forward Earnings ratio of 5.73, the valuation of CPX-PR-A can be described as very cheap.
Based on the Price/Forward Earnings ratio, CPX-PR-A is valued cheaper than 96.97% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.33. CPX-PR-A is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.15
Fwd PE 5.73
CPX-PR-A.CA Price Earnings VS Forward Price EarningsCPX-PR-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

CPX-PR-A's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CPX-PR-A is cheaper than 66.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 10.81
CPX-PR-A.CA Per share dataCPX-PR-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

The decent profitability rating of CPX-PR-A may justify a higher PE ratio.
A cheap valuation may be justified as CPX-PR-A's earnings are expected to decrease with -8.03% in the coming years.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%

More info and screens

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.53%, CPX-PR-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.77, CPX-PR-A pays a better dividend. On top of this CPX-PR-A pays more dividend than 81.82% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, CPX-PR-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.53%

5.2 History

The dividend of CPX-PR-A decreases each year by -1.04%.
CPX-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
CPX-PR-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-1.04%
Div Incr Years0
Div Non Decr Years3
CPX-PR-A.CA Yearly Dividends per shareCPX-PR-A.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

CPX-PR-A pays out 74.33% of its income as dividend. This is not a sustainable payout ratio.
DP74.33%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
CPX-PR-A.CA Yearly Income VS Free CF VS DividendCPX-PR-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
CPX-PR-A.CA Dividend Payout.CPX-PR-A.CA Dividend Payout, showing the Payout Ratio.CPX-PR-A.CA Dividend Payout.PayoutRetained Earnings

More info and screens

CAPITAL POWER CORP - CPXCN 2.621 PERP

TSX:CPX-PR-A (10/23/2025, 7:00:00 PM)

22.75

-0.25 (-1.09%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)07-30 2025-07-30/bmo
Earnings (Next)10-29 2025-10-29
Inst Owners21.36%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap3.54B
Revenue(TTM)3.31B
Net Income(TTM)409.00M
Analysts75
Price Target22.95 (0.88%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.53%
Yearly Dividend2.18
Dividend Growth(5Y)-1.04%
DP74.33%
Div Incr Years0
Div Non Decr Years3
Ex-Date09-16 2025-09-16 (0.1638125)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-92.22%
Min EPS beat(2)-253.19%
Max EPS beat(2)68.75%
EPS beat(4)3
Avg EPS beat(4)-12.25%
Min EPS beat(4)-253.19%
Max EPS beat(4)101.4%
EPS beat(8)6
Avg EPS beat(8)16.35%
EPS beat(12)8
Avg EPS beat(12)30.77%
EPS beat(16)10
Avg EPS beat(16)23.77%
Revenue beat(2)1
Avg Revenue beat(2)-15.91%
Min Revenue beat(2)-45.83%
Max Revenue beat(2)14.01%
Revenue beat(4)2
Avg Revenue beat(4)-5.89%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)15.46%
Revenue beat(8)5
Avg Revenue beat(8)13.32%
Revenue beat(12)9
Avg Revenue beat(12)25.65%
Revenue beat(16)11
Avg Revenue beat(16)20.06%
PT rev (1m)-7.77%
PT rev (3m)9.17%
EPS NQ rev (1m)-1.01%
EPS NQ rev (3m)1.59%
EPS NY rev (1m)-12.83%
EPS NY rev (3m)-40.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.9%
Valuation
Industry RankSector Rank
PE 7.15
Fwd PE 5.73
P/S 1.07
P/FCF N/A
P/OCF 3.46
P/B 0.73
P/tB 0.84
EV/EBITDA 10.81
EPS(TTM)3.18
EY13.98%
EPS(NY)3.97
Fwd EY17.45%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)6.57
OCFY28.9%
SpS21.3
BVpS31.38
TBVpS27.2
PEG (NY)N/A
PEG (5Y)0.23
Graham Number47.38
Profitability
Industry RankSector Rank
ROA 2.7%
ROE 8.38%
ROCE 3.2%
ROIC 2.5%
ROICexc 2.56%
ROICexgc 2.69%
OM 13.1%
PM (TTM) 12.35%
GM 50.18%
FCFM N/A
ROA(3y)4.16%
ROA(5y)2.78%
ROE(3y)13.61%
ROE(5y)9.04%
ROIC(3y)5.9%
ROIC(5y)5.1%
ROICexc(3y)6.62%
ROICexc(5y)5.57%
ROICexgc(3y)7.3%
ROICexgc(5y)6.15%
ROCE(3y)7.55%
ROCE(5y)6.53%
ROICexgc growth 3Y17.86%
ROICexgc growth 5Y-4.56%
ROICexc growth 3Y19.31%
ROICexc growth 5Y-3.64%
OM growth 3Y8.09%
OM growth 5Y-8.02%
PM growth 3Y99.71%
PM growth 5Y35.39%
GM growth 3Y-7.47%
GM growth 5Y-7.72%
F-Score4
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 1.34
Debt/FCF N/A
Debt/EBITDA 6.82
Cap/Depr 200.95%
Cap/Sales 31.85%
Interest Coverage 1.63
Cash Conversion 106.57%
Profit Quality N/A
Current Ratio 0.93
Quick Ratio 0.8
Altman-Z 0.49
F-Score4
WACC5.73%
ROIC/WACC0.44
Cap/Depr(3y)154%
Cap/Depr(5y)128.29%
Cap/Sales(3y)22.84%
Cap/Sales(5y)23.11%
Profit Quality(3y)93.29%
Profit Quality(5y)241.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-37.4%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-280.39%
EPS Next Y-66.42%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
EPS Next 5Y9.17%
Revenue 1Y (TTM)-17.76%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%-43.02%
Revenue Next Year-6.92%
Revenue Next 2Y6.01%
Revenue Next 3Y6.24%
Revenue Next 5Y-1.2%
EBIT growth 1Y-56.34%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.25%
EBIT Next 3Y21.28%
EBIT Next 5Y15.18%
FCF growth 1Y-121.71%
FCF growth 3Y-34.45%
FCF growth 5Y-4.09%
OCF growth 1Y32.38%
OCF growth 3Y9.52%
OCF growth 5Y9.61%