CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
63.11 CAD
+0.66 (+1.06%)
Taking everything into account, CPX scores 4 out of 10 in our fundamental rating. CPX was compared to 34 industry peers in the Independent Power and Renewable Electricity Producers industry. CPX has a medium profitability rating, but doesn't score so well on its financial health evaluation. CPX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CPX was profitable.
In the past year CPX had a positive cash flow from operations.
CPX had positive earnings in each of the past 5 years.
CPX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.50%, CPX is in the better half of the industry, outperforming 79.41% of the companies in the same industry.
CPX has a Return On Equity of 7.64%. This is amongst the best in the industry. CPX outperforms 82.35% of its industry peers.
The Return On Invested Capital of CPX (2.38%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CPX is above the industry average of 3.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.5% | ||
| ROE | 7.64% | ||
| ROIC | 2.38% |
ROA(3y)4.16%
ROA(5y)2.78%
ROE(3y)13.61%
ROE(5y)9.04%
ROIC(3y)5.9%
ROIC(5y)5.1%
1.3 Margins
The Profit Margin of CPX (10.96%) is better than 88.24% of its industry peers.
In the last couple of years the Profit Margin of CPX has grown nicely.
CPX has a Operating Margin of 11.65%. This is comparable to the rest of the industry: CPX outperforms 55.88% of its industry peers.
In the last couple of years the Operating Margin of CPX has declined.
CPX has a Gross Margin of 47.75%. This is in the lower half of the industry: CPX underperforms 64.71% of its industry peers.
CPX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.65% | ||
| PM (TTM) | 10.96% | ||
| GM | 47.75% |
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%
2. Health
2.1 Basic Checks
CPX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CPX has been increased compared to 1 year ago.
CPX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CPX has an improved debt to assets ratio.
2.2 Solvency
CPX has an Altman-Z score of 0.82. This is a bad value and indicates that CPX is not financially healthy and even has some risk of bankruptcy.
CPX's Altman-Z score of 0.82 is amongst the best of the industry. CPX outperforms 94.12% of its industry peers.
The Debt to FCF ratio of CPX is 31.16, which is on the high side as it means it would take CPX, 31.16 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 31.16, CPX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
CPX has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.22, CPX is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.82 |
ROIC/WACC0.38
WACC6.31%
2.3 Liquidity
CPX has a Current Ratio of 0.74. This is a bad value and indicates that CPX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CPX (0.74) is worse than 64.71% of its industry peers.
CPX has a Quick Ratio of 0.74. This is a bad value and indicates that CPX is not financially healthy enough and could expect problems in meeting its short term obligations.
CPX's Quick ratio of 0.63 is on the low side compared to the rest of the industry. CPX is outperformed by 61.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.37%.
Measured over the past years, CPX 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 has decreased by -10.55% in the past year. This is quite bad
Measured over the past years, CPX shows a quite strong growth in Revenue. The Revenue has been growing by 13.98% on average per year.
EPS 1Y (TTM)-32.37%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-28.79%
Revenue 1Y (TTM)-10.55%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%17.77%
3.2 Future
Based on estimates for the next years, CPX will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.17% on average per year.
The Revenue is expected to grow by 0.43% on average over the next years.
EPS Next Y-67.58%
EPS Next 2Y-23.7%
EPS Next 3Y-14.06%
EPS Next 5Y9.17%
Revenue Next Year-2.48%
Revenue Next 2Y2.82%
Revenue Next 3Y3.52%
Revenue Next 5Y0.43%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.54, which indicates a rather expensive current valuation of CPX.
Compared to the rest of the industry, the Price/Earnings ratio of CPX indicates a somewhat cheap valuation: CPX is cheaper than 76.47% of the companies listed in the same industry.
CPX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 21.05, CPX is valued on the expensive side.
CPX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CPX is cheaper than 73.53% of the companies in the same industry.
CPX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.54 | ||
| Fwd PE | 21.05 |
4.2 Price Multiples
64.71% of the companies in the same industry are cheaper than CPX, based on the Enterprise Value to EBITDA ratio.
CPX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.93 | ||
| EV/EBITDA | 16.95 |
4.3 Compensation for Growth
CPX has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CPX's earnings are expected to decrease with -14.06% in the coming years.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y-23.7%
EPS Next 3Y-14.06%
5. Dividend
5.1 Amount
CPX has a Yearly Dividend Yield of 4.43%, which is a nice return.
CPX's Dividend Yield is a higher than the industry average which is at 4.42.
Compared to an average S&P500 Dividend Yield of 2.27, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
5.2 History
The dividend of CPX decreases each year by -1.04%.
CPX has paid a dividend for at least 10 years, which is a reliable track record.
CPX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.04%
Div Incr Years11
Div Non Decr Years15
5.3 Sustainability
CPX pays out 84.33% of its income as dividend. This is not a sustainable payout ratio.
DP84.33%
EPS Next 2Y-23.7%
EPS Next 3Y-14.06%
TSX:CPX (12/11/2025, 7:00:00 PM)
63.11
+0.66 (+1.06%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners22.49%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap9.84B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target76.12 (20.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.43% |
Yearly Dividend2.18
Dividend Growth(5Y)-1.04%
DP84.33%
Div Incr Years11
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-130.18%
Min EPS beat(2)-253.19%
Max EPS beat(2)-7.16%
EPS beat(4)2
Avg EPS beat(4)-22.55%
Min EPS beat(4)-253.19%
Max EPS beat(4)101.4%
EPS beat(8)5
Avg EPS beat(8)7.39%
EPS beat(12)7
Avg EPS beat(12)27.64%
EPS beat(16)10
Avg EPS beat(16)25.28%
Revenue beat(2)1
Avg Revenue beat(2)-10.69%
Min Revenue beat(2)-45.83%
Max Revenue beat(2)24.45%
Revenue beat(4)2
Avg Revenue beat(4)-3.64%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)24.45%
Revenue beat(8)5
Avg Revenue beat(8)8.37%
Revenue beat(12)9
Avg Revenue beat(12)25.13%
Revenue beat(16)12
Avg Revenue beat(16)23.25%
PT rev (1m)3.95%
PT rev (3m)14.22%
EPS NQ rev (1m)-20.29%
EPS NQ rev (3m)-25.38%
EPS NY rev (1m)-8.29%
EPS NY rev (3m)-15.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)-1.73%
Revenue NY rev (3m)4.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.54 | ||
| Fwd PE | 21.05 | ||
| P/S | 2.82 | ||
| P/FCF | 44.93 | ||
| P/OCF | 8.27 | ||
| P/B | 1.96 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 16.95 |
EPS(TTM)2.8
EY4.44%
EPS(NY)3
Fwd EY4.75%
FCF(TTM)1.4
FCFY2.23%
OCF(TTM)7.63
OCFY12.09%
SpS22.42
BVpS32.17
TBVpS28.09
PEG (NY)N/A
PEG (5Y)0.72
Graham Number45.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.5% | ||
| ROE | 7.64% | ||
| ROCE | 3.04% | ||
| ROIC | 2.38% | ||
| ROICexc | 2.41% | ||
| ROICexgc | 2.54% | ||
| OM | 11.65% | ||
| PM (TTM) | 10.96% | ||
| GM | 47.75% | ||
| FCFM | 6.27% |
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 Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Debt/EBITDA | 6.34 | ||
| Cap/Depr | 174.01% | ||
| Cap/Sales | 27.78% | ||
| Interest Coverage | 1.47 | ||
| Cash Conversion | 123.32% | ||
| Profit Quality | 57.18% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.82 |
F-Score4
WACC6.31%
ROIC/WACC0.38
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)-32.37%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-28.79%
EPS Next Y-67.58%
EPS Next 2Y-23.7%
EPS Next 3Y-14.06%
EPS Next 5Y9.17%
Revenue 1Y (TTM)-10.55%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%17.77%
Revenue Next Year-2.48%
Revenue Next 2Y2.82%
Revenue Next 3Y3.52%
Revenue Next 5Y0.43%
EBIT growth 1Y-55.37%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.44%
EBIT Next 3Y20.21%
EBIT Next 5Y13.35%
FCF growth 1Y-2.23%
FCF growth 3Y-34.45%
FCF growth 5Y-4.09%
OCF growth 1Y34.92%
OCF growth 3Y9.52%
OCF growth 5Y9.61%
CAPITAL POWER CORP / CPX.CA FAQ
What is the fundamental rating for CPX stock?
ChartMill assigns a fundamental rating of 4 / 10 to CPX.CA.
Can you provide the valuation status for CAPITAL POWER CORP?
ChartMill assigns a valuation rating of 3 / 10 to CAPITAL POWER CORP (CPX.CA). This can be considered as Overvalued.
How profitable is CAPITAL POWER CORP (CPX.CA) stock?
CAPITAL POWER CORP (CPX.CA) has a profitability rating of 6 / 10.
How financially healthy is CAPITAL POWER CORP?
The financial health rating of CAPITAL POWER CORP (CPX.CA) is 2 / 10.
How sustainable is the dividend of CAPITAL POWER CORP (CPX.CA) stock?
The dividend rating of CAPITAL POWER CORP (CPX.CA) is 6 / 10 and the dividend payout ratio is 84.33%.