CAPITAL POWER CORP (CPX.CA) Fundamental Analysis & Valuation

TSX:CPX • CA14042M1023

Current stock price

63.77 CAD
-2.7 (-4.06%)
Last:

This CPX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. CPX.CA Profitability Analysis

1.1 Basic Checks

  • CPX had positive earnings in the past year.
  • In the past year CPX had a positive cash flow from operations.
  • In the past 5 years CPX has always been profitable.
  • In the past 5 years CPX always reported a positive cash flow from operatings.
CPX.CA Yearly Net Income VS EBIT VS OCF VS FCFCPX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • With an excellent Return On Assets value of 0.85%, CPX belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
  • The Return On Equity of CPX (2.72%) is better than 87.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 2.42%, CPX is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for CPX is above the industry average of 2.46%.
Industry RankSector Rank
ROA 0.85%
ROE 2.72%
ROIC 2.42%
ROA(3y)4.12%
ROA(5y)2.76%
ROE(3y)13.17%
ROE(5y)9.02%
ROIC(3y)6.19%
ROIC(5y)5.16%
CPX.CA Yearly ROA, ROE, ROICCPX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • With an excellent Profit Margin value of 3.62%, CPX belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
  • CPX's Profit Margin has declined in the last couple of years.
  • The Operating Margin of CPX (10.58%) is comparable to the rest of the industry.
  • CPX's Operating Margin has declined in the last couple of years.
  • CPX has a Gross Margin of 42.41%. This is in the lower half of the industry: CPX underperforms 68.75% of its industry peers.
  • CPX's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 10.58%
PM (TTM) 3.62%
GM 42.41%
OM growth 3Y-0.45%
OM growth 5Y-13.93%
PM growth 3Y2.61%
PM growth 5Y-2.91%
GM growth 3Y-1.57%
GM growth 5Y-8.84%
CPX.CA Yearly Profit, Operating, Gross MarginsCPX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

2. CPX.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CPX is destroying value.
  • CPX has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for CPX has been increased compared to 5 years ago.
  • CPX has a worse debt/assets ratio than last year.
CPX.CA Yearly Shares OutstandingCPX.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
CPX.CA Yearly Total Debt VS Total AssetsCPX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • Based on the Altman-Z score of 0.86, we must say that CPX is in the distress zone and has some risk of bankruptcy.
  • CPX has a Altman-Z score of 0.86. This is amongst the best in the industry. CPX outperforms 93.75% of its industry peers.
  • The Debt to FCF ratio of CPX is 70.24, which is on the high side as it means it would take CPX, 70.24 years of fcf income to pay off all of its debts.
  • CPX has a Debt to FCF ratio (70.24) which is comparable to the rest of the industry.
  • CPX has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
  • CPX has a Debt to Equity ratio of 1.35. This is in the better half of the industry: CPX outperforms 78.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 70.24
Altman-Z 0.86
ROIC/WACC0.35
WACC6.94%
CPX.CA Yearly LT Debt VS Equity VS FCFCPX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 0.94 indicates that CPX may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.94, CPX is in line with its industry, outperforming 59.38% of the companies in the same industry.
  • A Quick Ratio of 0.75 indicates that CPX may have some problems paying its short term obligations.
  • With a decent Quick ratio value of 0.75, CPX is doing good in the industry, outperforming 62.50% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.75
CPX.CA Yearly Current Assets VS Current LiabilitesCPX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

4

3. CPX.CA Growth Analysis

3.1 Past

  • CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.94%.
  • CPX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.28% yearly.
  • CPX shows a decrease in Revenue. In the last year, the revenue decreased by -3.39%.
  • Measured over the past years, CPX shows a quite strong growth in Revenue. The Revenue has been growing by 13.29% on average per year.
EPS 1Y (TTM)-81.94%
EPS 3Y-36.55%
EPS 5Y-5.28%
EPS Q2Q%-106.86%
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y7.27%
Revenue growth 5Y13.29%
Sales Q2Q%26.38%

3.2 Future

  • CPX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.62% yearly.
  • Based on estimates for the next years, CPX will show a small growth in Revenue. The Revenue will grow by 1.93% on average per year.
EPS Next Y170.11%
EPS Next 2Y88.12%
EPS Next 3Y61.24%
EPS Next 5Y52.62%
Revenue Next Year10.42%
Revenue Next 2Y7.64%
Revenue Next 3Y10.05%
Revenue Next 5Y1.93%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CPX.CA Yearly Revenue VS EstimatesCPX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
CPX.CA Yearly EPS VS EstimatesCPX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

5

4. CPX.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 68.57, the valuation of CPX can be described as expensive.
  • Based on the Price/Earnings ratio, CPX is valued a bit cheaper than 75.00% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of CPX to the average of the S&P500 Index (27.71), we can say CPX is valued expensively.
  • Based on the Price/Forward Earnings ratio of 25.39, the valuation of CPX can be described as expensive.
  • Based on the Price/Forward Earnings ratio, CPX is valued a bit cheaper than the industry average as 78.13% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of CPX to the average of the S&P500 Index (38.09), we can say CPX is valued slightly cheaper.
Industry RankSector Rank
PE 68.57
Fwd PE 25.39
CPX.CA Price Earnings VS Forward Price EarningsCPX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPX indicates a slightly more expensive valuation: CPX is more expensive than 65.63% of the companies listed in the same industry.
  • CPX's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 101.77
EV/EBITDA 17.67
CPX.CA Per share dataCPX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • CPX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of CPX may justify a higher PE ratio.
  • A more expensive valuation may be justified as CPX's earnings are expected to grow with 61.24% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y88.12%
EPS Next 3Y61.24%

5

5. CPX.CA Dividend Analysis

5.1 Amount

  • CPX has a Yearly Dividend Yield of 4.09%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.42, CPX pays a bit more dividend than its industry peers.
  • CPX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 4.09%

5.2 History

  • The dividend of CPX decreases each year by -0.02%.
  • CPX has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.02%
Div Incr Years0
Div Non Decr Years0
CPX.CA Yearly Dividends per shareCPX.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 256.06% of the earnings are spent on dividend by CPX. This is not a sustainable payout ratio.
DP256.06%
EPS Next 2Y88.12%
EPS Next 3Y61.24%
CPX.CA Yearly Income VS Free CF VS DividendCPX.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
CPX.CA Dividend Payout.CPX.CA Dividend Payout, showing the Payout Ratio.CPX.CA Dividend Payout.PayoutRetained Earnings

CPX.CA Fundamentals: All Metrics, Ratios and Statistics

CAPITAL POWER CORP

TSX:CPX (4/21/2026, 7:00:00 PM)

63.77

-2.7 (-4.06%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)03-04
Earnings (Next)04-29
Inst Owners24.8%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap9.97B
Revenue(TTM)3.65B
Net Income(TTM)132.00M
Analysts75
Price Target75.18 (17.89%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.09%
Yearly Dividend2.29
Dividend Growth(5Y)-0.02%
DP256.06%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-61.74%
Min EPS beat(2)-116.32%
Max EPS beat(2)-7.16%
EPS beat(4)1
Avg EPS beat(4)-76.98%
Min EPS beat(4)-253.19%
Max EPS beat(4)68.75%
EPS beat(8)4
Avg EPS beat(8)-7.61%
EPS beat(12)7
Avg EPS beat(12)18.92%
EPS beat(16)10
Avg EPS beat(16)19.6%
Revenue beat(2)2
Avg Revenue beat(2)14.36%
Min Revenue beat(2)4.26%
Max Revenue beat(2)24.45%
Revenue beat(4)3
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)24.45%
Revenue beat(8)5
Avg Revenue beat(8)1.18%
Revenue beat(12)9
Avg Revenue beat(12)21.58%
Revenue beat(16)12
Avg Revenue beat(16)22.5%
PT rev (1m)0%
PT rev (3m)-0.11%
EPS NQ rev (1m)-15.76%
EPS NQ rev (3m)-26.92%
EPS NY rev (1m)-10.44%
EPS NY rev (3m)-11.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)2.37%
Revenue NY rev (3m)2.63%
Valuation
Industry RankSector Rank
PE 68.57
Fwd PE 25.39
P/S 2.73
P/FCF 101.77
P/OCF 10.37
P/B 2.05
P/tB 2.35
EV/EBITDA 17.67
EPS(TTM)0.93
EY1.46%
EPS(NY)2.51
Fwd EY3.94%
FCF(TTM)0.63
FCFY0.98%
OCF(TTM)6.15
OCFY9.65%
SpS23.32
BVpS31.05
TBVpS27.09
PEG (NY)0.4
PEG (5Y)N/A
Graham Number25.4917 (-60.03%)
Profitability
Industry RankSector Rank
ROA 0.85%
ROE 2.72%
ROCE 2.8%
ROIC 2.42%
ROICexc 2.44%
ROICexgc 2.56%
OM 10.58%
PM (TTM) 3.62%
GM 42.41%
FCFM 2.69%
ROA(3y)4.12%
ROA(5y)2.76%
ROE(3y)13.17%
ROE(5y)9.02%
ROIC(3y)6.19%
ROIC(5y)5.16%
ROICexc(3y)6.95%
ROICexc(5y)5.67%
ROICexgc(3y)7.59%
ROICexgc(5y)6.23%
ROCE(3y)7.14%
ROCE(5y)5.96%
ROICexgc growth 3Y-14.26%
ROICexgc growth 5Y-14.25%
ROICexc growth 3Y-12.31%
ROICexc growth 5Y-13.21%
OM growth 3Y-0.45%
OM growth 5Y-13.93%
PM growth 3Y2.61%
PM growth 5Y-2.91%
GM growth 3Y-1.57%
GM growth 5Y-8.84%
F-Score3
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 70.24
Debt/EBITDA 6.77
Cap/Depr 148.97%
Cap/Sales 23.68%
Interest Coverage 1.12
Cash Conversion 99.59%
Profit Quality 74.24%
Current Ratio 0.94
Quick Ratio 0.75
Altman-Z 0.86
F-Score3
WACC6.94%
ROIC/WACC0.35
Cap/Depr(3y)162.55%
Cap/Depr(5y)145.28%
Cap/Sales(3y)23.59%
Cap/Sales(5y)25.06%
Profit Quality(3y)32.85%
Profit Quality(5y)182.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-81.94%
EPS 3Y-36.55%
EPS 5Y-5.28%
EPS Q2Q%-106.86%
EPS Next Y170.11%
EPS Next 2Y88.12%
EPS Next 3Y61.24%
EPS Next 5Y52.62%
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y7.27%
Revenue growth 5Y13.29%
Sales Q2Q%26.38%
Revenue Next Year10.42%
Revenue Next 2Y7.64%
Revenue Next 3Y10.05%
Revenue Next 5Y1.93%
EBIT growth 1Y-53.04%
EBIT growth 3Y6.78%
EBIT growth 5Y-2.5%
EBIT Next Year177.57%
EBIT Next 3Y46.68%
EBIT Next 5Y28.64%
FCF growth 1Y42.03%
FCF growth 3Y-27.1%
FCF growth 5Y-20.31%
OCF growth 1Y-15.54%
OCF growth 3Y0.95%
OCF growth 5Y9.5%

CAPITAL POWER CORP / CPX.CA Fundamental Analysis FAQ

What is the fundamental rating for CPX stock?

ChartMill assigns a fundamental rating of 4 / 10 to CPX.CA.


What is the valuation status for CPX stock?

ChartMill assigns a valuation rating of 5 / 10 to CAPITAL POWER CORP (CPX.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for CAPITAL POWER CORP?

CAPITAL POWER CORP (CPX.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for CPX stock?

The Price/Earnings (PE) ratio for CAPITAL POWER CORP (CPX.CA) is 68.57 and the Price/Book (PB) ratio is 2.05.


Can you provide the dividend sustainability for CPX stock?

The dividend rating of CAPITAL POWER CORP (CPX.CA) is 5 / 10 and the dividend payout ratio is 256.06%.