CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
58.8 CAD
-0.46 (-0.78%)
CPX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Independent Power and Renewable Electricity Producers industry. While CPX is still in line with the averages on profitability rating, there are concerns on its financial health. CPX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CPX was profitable.
CPX had a positive operating cash flow in the past year.
Each year in the past 5 years CPX has been profitable.
Each year in the past 5 years CPX had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.50%, CPX belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
CPX's Return On Equity of 7.64% is amongst the best of the industry. CPX outperforms 84.85% of its industry peers.
CPX has a Return On Invested Capital (2.38%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for CPX is above the industry average of 3.78%.
| 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
Looking at the Profit Margin, with a value of 10.96%, CPX belongs to the top of the industry, outperforming 87.88% of the companies in the same industry.
In the last couple of years the Profit Margin of CPX has grown nicely.
Looking at the Operating Margin, with a value of 11.65%, CPX is in line with its industry, outperforming 54.55% of the companies in the same industry.
In the last couple of years the Operating Margin of CPX has declined.
The Gross Margin of CPX (47.75%) is worse than 66.67% of its industry peers.
In the last couple of years the Gross Margin of CPX has declined.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.79, we must say that CPX is in the distress zone and has some risk of bankruptcy.
CPX has a better Altman-Z score (0.79) than 93.94% 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.
CPX has a Debt to FCF ratio of 31.16. This is comparable to the rest of the industry: CPX outperforms 48.48% of its industry peers.
CPX has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CPX (1.22) is better than 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.79 |
ROIC/WACC0.38
WACC6.27%
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.
With a Current ratio value of 0.74, CPX is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
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 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for CPX have decreased strongly by -32.37% in the last year.
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.
CPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.55%.
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.
CPX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.43% yearly.
EPS Next Y-67.58%
EPS Next 2Y-25.59%
EPS Next 3Y-14.06%
EPS Next 5Y9.17%
Revenue Next Year-2.48%
Revenue Next 2Y2.76%
Revenue Next 3Y3.58%
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
Based on the Price/Earnings ratio of 21.00, the valuation of CPX can be described as rather expensive.
Based on the Price/Earnings ratio, CPX is valued a bit cheaper than the industry average as 78.79% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CPX to the average of the S&P500 Index (27.00), we can say CPX is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 20.62, the valuation of CPX can be described as rather expensive.
Based on the Price/Forward Earnings ratio, CPX is valued a bit cheaper than 75.76% of the companies in the same industry.
CPX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21 | ||
| Fwd PE | 20.62 |
4.2 Price Multiples
66.67% 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 | 41.86 | ||
| EV/EBITDA | 16.36 |
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)0.67
EPS Next 2Y-25.59%
EPS Next 3Y-14.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.90%, CPX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.53, CPX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, CPX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
5.2 History
The dividend of CPX decreases each year by -1.04%.
CPX has been paying a dividend for at least 10 years, so it has a reliable track record.
CPX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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-25.59%
EPS Next 3Y-14.06%
TSX:CPX (1/8/2026, 7:00:00 PM)
58.8
-0.46 (-0.78%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners23.22%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap9.17B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target75.1 (27.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
Yearly Dividend2.18
Dividend Growth(5Y)-1.04%
DP84.33%
Div Incr Years11
Div Non Decr Years15
Ex-DateN/A
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)-1.34%
PT rev (3m)8.81%
EPS NQ rev (1m)-4.99%
EPS NQ rev (3m)-29.1%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21 | ||
| Fwd PE | 20.62 | ||
| P/S | 2.62 | ||
| P/FCF | 41.86 | ||
| P/OCF | 7.7 | ||
| P/B | 1.83 | ||
| P/tB | 2.09 | ||
| EV/EBITDA | 16.36 |
EPS(TTM)2.8
EY4.76%
EPS(NY)2.85
Fwd EY4.85%
FCF(TTM)1.4
FCFY2.39%
OCF(TTM)7.63
OCFY12.98%
SpS22.42
BVpS32.17
TBVpS28.09
PEG (NY)N/A
PEG (5Y)0.67
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 | 0.79 |
F-Score4
WACC6.27%
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-25.59%
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 2Y2.76%
Revenue Next 3Y3.58%
Revenue Next 5Y0.43%
EBIT growth 1Y-55.37%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year52.1%
EBIT Next 3Y19.99%
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.
What is the valuation status for CPX stock?
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.
What are the PE and PB ratios of CAPITAL POWER CORP (CPX.CA) stock?
The Price/Earnings (PE) ratio for CAPITAL POWER CORP (CPX.CA) is 21 and the Price/Book (PB) ratio is 1.83.
What is the earnings growth outlook for CAPITAL POWER CORP?
The Earnings per Share (EPS) of CAPITAL POWER CORP (CPX.CA) is expected to decline by -67.58% in the next year.