Logo image of CPX-PR-E.CA

CAPITAL POWER CORP - CPXCN 6.631 PERP (CPX-PR-E.CA) Stock Fundamental Analysis

TSX:CPX-PR-E - Toronto Stock Exchange - CA14042M7061 - Currency: CAD

24.7  0 (0%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to CPX-PR-E. CPX-PR-E was compared to 40 industry peers in the Independent Power and Renewable Electricity Producers industry. CPX-PR-E scores excellent on profitability, but there are concerns on its financial health. CPX-PR-E has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

CPX-PR-E had positive earnings in the past year.
In the past year CPX-PR-E had a positive cash flow from operations.
In the past 5 years CPX-PR-E has always been profitable.
Each year in the past 5 years CPX-PR-E had a positive operating cash flow.
CPX-PR-E.CA Yearly Net Income VS EBIT VS OCF VS FCFCPX-PR-E.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 200M 400M 600M 800M 1B

1.2 Ratios

CPX-PR-E has a better Return On Assets (4.35%) than 88.46% of its industry peers.
CPX-PR-E has a better Return On Equity (13.81%) than 88.46% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.23%, CPX-PR-E belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CPX-PR-E is in line with the industry average of 4.67%.
The last Return On Invested Capital (7.23%) for CPX-PR-E is above the 3 year average (5.61%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.35%
ROE 13.81%
ROIC 7.23%
ROA(3y)2.61%
ROA(5y)1.93%
ROE(3y)9.28%
ROE(5y)6.63%
ROIC(3y)5.61%
ROIC(5y)5.85%
CPX-PR-E.CA Yearly ROA, ROE, ROICCPX-PR-E.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20

1.3 Margins

CPX-PR-E has a Profit Margin of 13.34%. This is amongst the best in the industry. CPX-PR-E outperforms 88.46% of its industry peers.
CPX-PR-E's Profit Margin has been stable in the last couple of years.
CPX-PR-E has a Operating Margin of 23.34%. This is in the lower half of the industry: CPX-PR-E underperforms 69.23% of its industry peers.
In the last couple of years the Operating Margin of CPX-PR-E has grown nicely.
With a Gross Margin value of 51.34%, CPX-PR-E is not doing good in the industry: 65.38% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CPX-PR-E has declined.
Industry RankSector Rank
OM 23.34%
PM (TTM) 13.34%
GM 51.34%
OM growth 3Y2.77%
OM growth 5Y4.21%
PM growth 3Y57.63%
PM growth 5Y1.05%
GM growth 3Y-10.9%
GM growth 5Y-6.56%
CPX-PR-E.CA Yearly Profit, Operating, Gross MarginsCPX-PR-E.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 20 40 60

More info and screens

3

2. Health

2.1 Basic Checks

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

2.2 Solvency

Based on the Altman-Z score of 0.81, we must say that CPX-PR-E is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CPX-PR-E (0.81) is better than 76.92% of its industry peers.
CPX-PR-E has a Debt/Equity ratio of 1.32. This is a high value indicating a heavy dependency on external financing.
CPX-PR-E has a Debt to Equity ratio of 1.32. This is amongst the best in the industry. CPX-PR-E outperforms 80.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF N/A
Altman-Z 0.81
ROIC/WACC1.41
WACC5.14%
CPX-PR-E.CA Yearly LT Debt VS Equity VS FCFCPX-PR-E.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B

2.3 Liquidity

CPX-PR-E has a Current Ratio of 1.05. This is a normal value and indicates that CPX-PR-E is financially healthy and should not expect problems in meeting its short term obligations.
CPX-PR-E's Current ratio of 1.05 is fine compared to the rest of the industry. CPX-PR-E outperforms 61.54% of its industry peers.
CPX-PR-E has a Quick Ratio of 1.05. This is a bad value and indicates that CPX-PR-E is not financially healthy enough and could expect problems in meeting its short term obligations.
CPX-PR-E has a Quick ratio of 0.78. This is in the better half of the industry: CPX-PR-E outperforms 61.54% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 0.78
CPX-PR-E.CA Yearly Current Assets VS Current LiabilitesCPX-PR-E.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B 2.5B

More info and screens

3

3. Growth

3.1 Past

The earnings per share for CPX-PR-E have decreased strongly by -47.33% in the last year.
Measured over the past years, CPX-PR-E shows a very strong growth in Earnings Per Share. The EPS has been growing by 45.78% on average per year.
Looking at the last year, CPX-PR-E shows a decrease in Revenue. The Revenue has decreased by -7.57% in the last year.
The Revenue has been growing by 24.75% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-47.33%
EPS 3Y86.39%
EPS 5Y45.78%
EPS Q2Q%-41.59%
Revenue 1Y (TTM)-7.57%
Revenue growth 3Y30.27%
Revenue growth 5Y24.75%
Sales Q2Q%-10.43%

3.2 Future

CPX-PR-E is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -33.93% yearly.
CPX-PR-E is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -11.53% yearly.
EPS Next Y-46.07%
EPS Next 2Y-37.29%
EPS Next 3Y-25.91%
EPS Next 5Y-33.93%
Revenue Next Year3.03%
Revenue Next 2Y-12.14%
Revenue Next 3Y-6.9%
Revenue Next 5Y-11.53%

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-E.CA Yearly Revenue VS EstimatesCPX-PR-E.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
CPX-PR-E.CA Yearly EPS VS EstimatesCPX-PR-E.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

CPX-PR-E is valuated cheaply with a Price/Earnings ratio of 5.97.
Compared to the rest of the industry, the Price/Earnings ratio of CPX-PR-E indicates a rather cheap valuation: CPX-PR-E is cheaper than 96.15% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CPX-PR-E to the average of the S&P500 Index (29.62), we can say CPX-PR-E is valued rather cheaply.
The Price/Forward Earnings ratio is 7.95, which indicates a rather cheap valuation of CPX-PR-E.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPX-PR-E indicates a rather cheap valuation: CPX-PR-E is cheaper than 96.15% of the companies listed in the same industry.
CPX-PR-E's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
Industry RankSector Rank
PE 5.97
Fwd PE 7.95
CPX-PR-E.CA Price Earnings VS Forward Price EarningsCPX-PR-E.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CPX-PR-E is valued cheaper than 92.31% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.93
CPX-PR-E.CA Per share dataCPX-PR-E.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

CPX-PR-E has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CPX-PR-E's earnings are expected to decrease with -25.91% in the coming years.
PEG (NY)N/A
PEG (5Y)0.13
EPS Next 2Y-37.29%
EPS Next 3Y-25.91%

More info and screens

6

5. Dividend

5.1 Amount

CPX-PR-E has a Yearly Dividend Yield of 4.79%, which is a nice return.
Compared to an average industry Dividend Yield of 4.45, CPX-PR-E pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, CPX-PR-E pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.79%

5.2 History

The dividend of CPX-PR-E has a limited annual growth rate of 3.24%.
CPX-PR-E has paid a dividend for at least 10 years, which is a reliable track record.
CPX-PR-E has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.24%
Div Incr Years2
Div Non Decr Years4
CPX-PR-E.CA Yearly Dividends per shareCPX-PR-E.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.5 1 1.5

5.3 Sustainability

51.44% of the earnings are spent on dividend by CPX-PR-E. This is a bit on the high side, but may be sustainable.
CPX-PR-E's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP51.44%
EPS Next 2Y-37.29%
EPS Next 3Y-25.91%
CPX-PR-E.CA Yearly Income VS Free CF VS DividendCPX-PR-E.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M
CPX-PR-E.CA Dividend Payout.CPX-PR-E.CA Dividend Payout, showing the Payout Ratio.CPX-PR-E.CA Dividend Payout.PayoutRetained Earnings

More info and screens

CAPITAL POWER CORP - CPXCN 6.631 PERP

TSX:CPX-PR-E (2/21/2025, 7:00:00 PM)

24.7

0 (0%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)10-30 2024-10-30/bmo
Earnings (Next)02-26 2025-02-26/amc
Inst Owners18.92%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap3.44B
Analysts72.86
Price Target30.72 (24.37%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.79%
Yearly Dividend2.47
Dividend Growth(5Y)3.24%
DP51.44%
Div Incr Years2
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)12.11%
Min EPS beat(2)-9.83%
Max EPS beat(2)34.04%
EPS beat(4)3
Avg EPS beat(4)37.33%
Min EPS beat(4)-9.83%
Max EPS beat(4)121.43%
EPS beat(8)5
Avg EPS beat(8)52.73%
EPS beat(12)8
Avg EPS beat(12)41.23%
EPS beat(16)9
Avg EPS beat(16)23.17%
Revenue beat(2)1
Avg Revenue beat(2)7.51%
Min Revenue beat(2)-0.43%
Max Revenue beat(2)15.46%
Revenue beat(4)3
Avg Revenue beat(4)20.38%
Min Revenue beat(4)-0.43%
Max Revenue beat(4)61.84%
Revenue beat(8)7
Avg Revenue beat(8)39.51%
Revenue beat(12)10
Avg Revenue beat(12)32.22%
Revenue beat(16)12
Avg Revenue beat(16)22.32%
PT rev (1m)44.58%
PT rev (3m)43.87%
EPS NQ rev (1m)38.78%
EPS NQ rev (3m)39.28%
EPS NY rev (1m)-1.75%
EPS NY rev (3m)1.65%
Revenue NQ rev (1m)-37.06%
Revenue NQ rev (3m)-37.06%
Revenue NY rev (1m)1.16%
Revenue NY rev (3m)13.98%
Valuation
Industry RankSector Rank
PE 5.97
Fwd PE 7.95
P/S 0.88
P/FCF N/A
P/OCF 5
P/B 0.91
P/tB 1.18
EV/EBITDA 5.93
EPS(TTM)4.14
EY16.76%
EPS(NY)3.11
Fwd EY12.58%
FCF(TTM)-1.66
FCFYN/A
OCF(TTM)4.94
OCFY20%
SpS28.05
BVpS27.08
TBVpS21
PEG (NY)N/A
PEG (5Y)0.13
Profitability
Industry RankSector Rank
ROA 4.35%
ROE 13.81%
ROCE 8.55%
ROIC 7.23%
ROICexc 7.34%
ROICexgc 7.98%
OM 23.34%
PM (TTM) 13.34%
GM 51.34%
FCFM N/A
ROA(3y)2.61%
ROA(5y)1.93%
ROE(3y)9.28%
ROE(5y)6.63%
ROIC(3y)5.61%
ROIC(5y)5.85%
ROICexc(3y)6.29%
ROICexc(5y)6.28%
ROICexgc(3y)7%
ROICexgc(5y)7.02%
ROCE(3y)6.63%
ROCE(5y)6.92%
ROICexcg growth 3Y33.89%
ROICexcg growth 5Y26.24%
ROICexc growth 3Y33.88%
ROICexc growth 5Y25.62%
OM growth 3Y2.77%
OM growth 5Y4.21%
PM growth 3Y57.63%
PM growth 5Y1.05%
GM growth 3Y-10.9%
GM growth 5Y-6.56%
F-Score6
Asset Turnover0.33
Health
Industry RankSector Rank
Debt/Equity 1.32
Debt/FCF N/A
Debt/EBITDA 3.51
Cap/Depr 180.91%
Cap/Sales 23.52%
Interest Coverage 4.63
Cash Conversion 48.45%
Profit Quality N/A
Current Ratio 1.05
Quick Ratio 0.78
Altman-Z 0.81
F-Score6
WACC5.14%
ROIC/WACC1.41
Cap/Depr(3y)121.56%
Cap/Depr(5y)112.59%
Cap/Sales(3y)23.81%
Cap/Sales(5y)23.91%
Profit Quality(3y)275.44%
Profit Quality(5y)262.02%
High Growth Momentum
Growth
EPS 1Y (TTM)-47.33%
EPS 3Y86.39%
EPS 5Y45.78%
EPS Q2Q%-41.59%
EPS Next Y-46.07%
EPS Next 2Y-37.29%
EPS Next 3Y-25.91%
EPS Next 5Y-33.93%
Revenue 1Y (TTM)-7.57%
Revenue growth 3Y30.27%
Revenue growth 5Y24.75%
Sales Q2Q%-10.43%
Revenue Next Year3.03%
Revenue Next 2Y-12.14%
Revenue Next 3Y-6.9%
Revenue Next 5Y-11.53%
EBIT growth 1Y16.33%
EBIT growth 3Y33.88%
EBIT growth 5Y30.01%
EBIT Next Year25.43%
EBIT Next 3Y10.55%
EBIT Next 5Y2.27%
FCF growth 1Y-161.27%
FCF growth 3Y-31.28%
FCF growth 5Y0.83%
OCF growth 1Y-36.18%
OCF growth 3Y10.39%
OCF growth 5Y12.81%