CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - TSX:CPX - CA14042M1023 - Common Stock
71.54 CAD
+0.94 (+1.33%)
Overall CPX gets a fundamental rating of 3 out of 10. We evaluated CPX against 34 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of CPX while its profitability can be described as average. CPX does not seem to be growing, but still is valued expensively. CPX also has an excellent dividend rating.
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.
In the past 5 years CPX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CPX (2.70%) is better than 76.47% of its industry peers.
The Return On Equity of CPX (8.38%) is better than 79.41% of its industry peers.
CPX's Return On Invested Capital of 2.50% is in line compared 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 in line with the industry average of 4.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 8.38% | ||
| ROIC | 2.5% |
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
CPX has a Profit Margin of 12.35%. This is amongst the best in the industry. CPX outperforms 85.29% of its industry peers.
CPX's Profit Margin has improved in the last couple of years.
CPX has a Operating Margin of 13.10%. 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 50.18%. This is in the lower half of the industry: CPX underperforms 64.71% of its industry peers.
In the last couple of years the Gross Margin of CPX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.1% | ||
| PM (TTM) | 12.35% | ||
| GM | 50.18% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CPX is destroying value.
Compared to 1 year ago, CPX has more shares outstanding
The number of shares outstanding for CPX has been increased compared to 5 years ago.
The debt/assets ratio for CPX has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.93, we must say that CPX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.93, CPX belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
CPX has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CPX (1.34) is better than 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.93 |
ROIC/WACC0.39
WACC6.49%
2.3 Liquidity
A Current Ratio of 0.93 indicates that CPX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.93, CPX is in the better half of the industry, outperforming 67.65% of the companies in the same industry.
CPX has a Quick Ratio of 0.93. 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 0.80 is in line compared to the rest of the industry. CPX outperforms 58.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.40%.
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 -17.76%.
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)-37.4%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-280.39%
Revenue 1Y (TTM)-17.76%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%-43.02%
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 decrease by -1.20% on average over the next years.
EPS Next Y-66.42%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
EPS Next 5Y9.17%
Revenue Next Year-6.92%
Revenue Next 2Y6.01%
Revenue Next 3Y6.24%
Revenue Next 5Y-1.2%
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 22.50, which indicates a rather expensive current valuation of CPX.
76.47% of the companies in the same industry are more expensive than CPX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.76. CPX is around the same levels.
CPX is valuated rather expensively with a Price/Forward Earnings ratio of 18.02.
76.47% of the companies in the same industry are more expensive than CPX, based on the Price/Forward Earnings ratio.
CPX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 18.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPX is valued a bit more expensive than the industry average as 67.65% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.68 |
4.3 Compensation for Growth
A cheap valuation may be justified as CPX's earnings are expected to decrease with -8.03% in the coming years.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.68%, CPX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.44, CPX pays a better dividend. On top of this CPX pays more dividend than 91.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
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 74.33% of its income as dividend. This is not a sustainable payout ratio.
DP74.33%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
TSX:CPX (10/29/2025, 7:00:00 PM)
71.54
+0.94 (+1.33%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners21.36%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap11.12B
Revenue(TTM)3.31B
Net Income(TTM)409.00M
Analysts75
Price Target69.02 (-3.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.68% |
Yearly Dividend2.18
Dividend Growth(5Y)-1.04%
DP74.33%
Div Incr Years11
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-92.22%
Min EPS beat(2)-253.19%
Max EPS beat(2)68.75%
EPS beat(4)3
Avg EPS beat(4)-12.25%
Min EPS beat(4)-253.19%
Max EPS beat(4)101.4%
EPS beat(8)6
Avg EPS beat(8)16.35%
EPS beat(12)8
Avg EPS beat(12)30.77%
EPS beat(16)10
Avg EPS beat(16)23.77%
Revenue beat(2)1
Avg Revenue beat(2)-15.91%
Min Revenue beat(2)-45.83%
Max Revenue beat(2)14.01%
Revenue beat(4)2
Avg Revenue beat(4)-5.89%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)15.46%
Revenue beat(8)5
Avg Revenue beat(8)13.32%
Revenue beat(12)9
Avg Revenue beat(12)25.65%
Revenue beat(16)11
Avg Revenue beat(16)20.06%
PT rev (1m)3.57%
PT rev (3m)7.12%
EPS NQ rev (1m)-1.01%
EPS NQ rev (3m)-8.24%
EPS NY rev (1m)0%
EPS NY rev (3m)-40.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 18.02 | ||
| P/S | 3.36 | ||
| P/FCF | N/A | ||
| P/OCF | 10.88 | ||
| P/B | 2.28 | ||
| P/tB | 2.63 | ||
| EV/EBITDA | 18.68 |
EPS(TTM)3.18
EY4.45%
EPS(NY)3.97
Fwd EY5.55%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)6.57
OCFY9.19%
SpS21.3
BVpS31.38
TBVpS27.2
PEG (NY)N/A
PEG (5Y)0.72
Graham Number47.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 8.38% | ||
| ROCE | 3.2% | ||
| ROIC | 2.5% | ||
| ROICexc | 2.56% | ||
| ROICexgc | 2.69% | ||
| OM | 13.1% | ||
| PM (TTM) | 12.35% | ||
| GM | 50.18% | ||
| FCFM | N/A |
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 Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.82 | ||
| Cap/Depr | 200.95% | ||
| Cap/Sales | 31.85% | ||
| Interest Coverage | 1.63 | ||
| Cash Conversion | 106.57% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 0.93 |
F-Score4
WACC6.49%
ROIC/WACC0.39
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)-37.4%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-280.39%
EPS Next Y-66.42%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
EPS Next 5Y9.17%
Revenue 1Y (TTM)-17.76%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%-43.02%
Revenue Next Year-6.92%
Revenue Next 2Y6.01%
Revenue Next 3Y6.24%
Revenue Next 5Y-1.2%
EBIT growth 1Y-56.34%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.25%
EBIT Next 3Y21.28%
EBIT Next 5Y15.18%
FCF growth 1Y-121.71%
FCF growth 3Y-34.45%
FCF growth 5Y-4.09%
OCF growth 1Y32.38%
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 3 / 10 to CPX.CA.
Can you provide the valuation status for CAPITAL POWER CORP?
ChartMill assigns a valuation rating of 2 / 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 5 / 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 74.33%.