CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
63.42 CAD
+1.07 (+1.72%)
CPX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 34 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CPX had positive earnings in the past year.
In the past year CPX had a positive cash flow from operations.
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
The Return On Assets of CPX (2.50%) is better than 79.41% of its industry peers.
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.
CPX has a Return On Invested Capital of 2.38%. This is comparable to the rest of the industry: CPX outperforms 47.06% of its industry peers.
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
With an excellent Profit Margin value of 10.96%, CPX belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
CPX's Profit Margin has improved in the last couple of years.
CPX has a Operating Margin (11.65%) which is comparable to the rest of the industry.
CPX's Operating Margin has declined in the last couple of years.
CPX has a worse Gross Margin (47.75%) than 64.71% 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
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.
The number of shares outstanding for CPX has been increased compared to 5 years ago.
Compared to 1 year ago, CPX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that CPX is in the distress zone and has some risk of bankruptcy.
CPX has a better Altman-Z score (0.83) than 94.12% of its industry peers.
CPX has a debt to FCF ratio of 31.16. This is a negative value and a sign of low solvency as CPX would need 31.16 years to pay back of 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 50.00% of its industry peers.
A Debt/Equity ratio of 1.22 is on the high side and indicates that CPX has dependencies on debt financing.
The Debt to Equity ratio of CPX (1.22) is better than 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.83 |
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.
With a Current ratio value of 0.74, CPX is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
A Quick Ratio of 0.63 indicates that CPX may have some problems paying its short term obligations.
With a Quick ratio value of 0.63, CPX is not doing good in the industry: 61.76% of the companies in the same industry are doing better.
| 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.
The Earnings Per Share has been growing by 31.29% on average over the past years. This is a very strong growth
CPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.55%.
The Revenue has been growing by 13.98% on average over the past years. This is quite good.
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
CPX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.17% yearly.
Based on estimates for the next years, CPX will show a small growth in Revenue. The Revenue will grow by 0.43% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.65, which indicates a rather expensive current valuation of CPX.
Based on the Price/Earnings ratio, CPX is valued a bit cheaper than 76.47% of the companies in the same industry.
CPX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.28.
CPX is valuated rather expensively with a Price/Forward Earnings ratio of 21.15.
Based on the Price/Forward Earnings ratio, CPX is valued a bit cheaper than the industry average as 73.53% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CPX to the average of the S&P500 Index (23.52), we can say CPX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.65 | ||
| Fwd PE | 21.15 |
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 64.71% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CPX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.15 | ||
| EV/EBITDA | 17.11 |
4.3 Compensation for Growth
The decent profitability rating of CPX may justify a higher PE ratio.
CPX's earnings are expected to decrease with -14.06% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y-23.7%
EPS Next 3Y-14.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.43%, CPX is a good candidate for dividend investing.
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 2.31, 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 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-23.7%
EPS Next 3Y-14.06%
TSX:CPX (12/8/2025, 7:00:00 PM)
63.42
+1.07 (+1.72%)
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 Cap9.89B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target76.12 (20.03%)
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 | 22.65 | ||
| Fwd PE | 21.15 | ||
| P/S | 2.83 | ||
| P/FCF | 45.15 | ||
| P/OCF | 8.31 | ||
| P/B | 1.97 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 17.11 |
EPS(TTM)2.8
EY4.42%
EPS(NY)3
Fwd EY4.73%
FCF(TTM)1.4
FCFY2.21%
OCF(TTM)7.63
OCFY12.04%
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 | 0.83 |
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%.