CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
59.62 CAD
+0.05 (+0.08%)
Overall CPX gets a fundamental rating of 4 out of 10. We evaluated CPX against 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
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
CPX has a Return On Assets of 2.50%. This is in the better half of the industry: CPX outperforms 79.41% of its industry peers.
Looking at the Return On Equity, with a value of 7.64%, CPX belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.38%, CPX is in line with its industry, outperforming 47.06% 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 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
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.
In the last couple of years the Profit Margin of CPX has grown nicely.
The Operating Margin of CPX (11.65%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CPX has declined.
Looking at the Gross Margin, with a value of 47.75%, CPX is doing worse than 64.71% of the companies in the same industry.
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.
CPX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CPX has been reduced compared to a year ago.
2.2 Solvency
CPX has an Altman-Z score of 0.80. This is a bad value and indicates that CPX is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.80, CPX belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
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 | 0.8 |
ROIC/WACC0.38
WACC6.25%
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: 61.76% 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 61.76% 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.
CPX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.29% yearly.
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
The Earnings Per Share is expected to grow by 9.17% on average over the next years. This is quite good.
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
The EPS growth rate is decreasing: in the next years the growth will be less 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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.29 indicates a rather expensive valuation of CPX.
CPX's Price/Earnings ratio is a bit cheaper when compared to the industry. CPX is cheaper than 76.47% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.39, CPX is valued at the same level.
Based on the Price/Forward Earnings ratio of 19.89, the valuation of CPX can be described as rather expensive.
Based on the Price/Forward Earnings ratio, CPX is valued a bit cheaper than 76.47% 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 23.84, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.29 | ||
| Fwd PE | 19.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPX is valued a bit more expensive than the industry average as 64.71% of the companies are valued more cheaply.
CPX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.44 | ||
| EV/EBITDA | 16.49 |
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)0.68
EPS Next 2Y-23.7%
EPS Next 3Y-14.06%
5. Dividend
5.1 Amount
CPX has a Yearly Dividend Yield of 4.64%, which is a nice return.
CPX's Dividend Yield is a higher than the industry average which is at 3.64.
Compared to an average S&P500 Dividend Yield of 1.87, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.64% |
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 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 (12/19/2025, 7:00:00 PM)
59.62
+0.05 (+0.08%)
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 Cap9.30B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target76.12 (27.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.64% |
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)2.36%
EPS NQ rev (3m)-23.62%
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)4.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.29 | ||
| Fwd PE | 19.89 | ||
| P/S | 2.66 | ||
| P/FCF | 42.44 | ||
| P/OCF | 7.81 | ||
| P/B | 1.85 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | 16.49 |
EPS(TTM)2.8
EY4.7%
EPS(NY)3
Fwd EY5.03%
FCF(TTM)1.4
FCFY2.36%
OCF(TTM)7.63
OCFY12.8%
SpS22.42
BVpS32.17
TBVpS28.09
PEG (NY)N/A
PEG (5Y)0.68
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 | 0.8 |
F-Score4
WACC6.25%
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 7 / 10 and the dividend payout ratio is 84.33%.