CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
57.22 CAD
-4.02 (-6.56%)
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 has a expensive valuation and it also scores bad on growth. CPX also has an excellent dividend rating.
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.
- CPX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- CPX has a better Return On Assets (2.50%) than 81.82% 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 84.85% 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 45.45% of the companies in the same industry.
- CPX had an Average Return On Invested Capital over the past 3 years of 5.90%. This 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
- CPX has a better Profit Margin (10.96%) than 87.88% of its industry peers.
- 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.
- CPX's Gross Margin of 47.75% is on the low side compared to the rest of the industry. CPX is outperformed by 66.67% 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
- 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.
- Compared to 1 year ago, CPX has an improved debt to assets ratio.
2.2 Solvency
- CPX has an Altman-Z score of 0.81. 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 0.81 is amongst the best of the industry. CPX outperforms 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.
- With a Debt to FCF ratio value of 31.16, CPX perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
- 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 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.81 |
ROIC/WACC0.38
WACC6.24%
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.
- 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: 60.61% 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
- CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.37%.
- CPX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.29% yearly.
- CPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.55%.
- CPX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.98% yearly.
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 a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.65% yearly.
- CPX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.59% yearly.
EPS Next Y-67.58%
EPS Next 2Y-25.59%
EPS Next 3Y-14.06%
EPS Next 5Y-3.65%
Revenue Next Year-2.48%
Revenue Next 2Y2.76%
Revenue Next 3Y3.58%
Revenue Next 5Y2.59%
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
- Based on the Price/Earnings ratio of 20.44, the valuation of CPX can be described as rather expensive.
- Based on the Price/Earnings ratio, CPX is valued a bit cheaper than 78.79% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.47. CPX is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 20.07, 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 75.76% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of CPX to the average of the S&P500 Index (24.26), we can say CPX is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.44 | ||
| Fwd PE | 20.07 |
4.2 Price Multiples
- CPX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CPX is more expensive than 66.67% of the companies in the same industry.
- CPX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.74 | ||
| EV/EBITDA | 16.76 |
4.3 Compensation for Growth
- CPX has a very decent profitability rating, which 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)0.65
EPS Next 2Y-25.59%
EPS Next 3Y-14.06%
5. Dividend
5.1 Amount
- CPX has a Yearly Dividend Yield of 6.41%, which is a nice return.
- CPX's Dividend Yield is rather good when compared to the industry average which is at 4.66. CPX pays more dividend than 90.91% of the companies in the same industry.
- CPX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
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 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.
- CPX's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP84.33%
EPS Next 2Y-25.59%
EPS Next 3Y-14.06%
TSX:CPX (1/16/2026, 7:00:00 PM)
57.22
-4.02 (-6.56%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)10-29 2025-10-29/bmo
Earnings (Next)02-24 2026-02-24/amc
Inst Owners23.22%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap8.92B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts75
Price Target75.27 (31.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
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 | 20.44 | ||
| Fwd PE | 20.07 | ||
| P/S | 2.55 | ||
| P/FCF | 40.74 | ||
| P/OCF | 7.5 | ||
| P/B | 1.78 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | 16.76 |
EPS(TTM)2.8
EY4.89%
EPS(NY)2.85
Fwd EY4.98%
FCF(TTM)1.4
FCFY2.45%
OCF(TTM)7.63
OCFY13.34%
SpS22.42
BVpS32.17
TBVpS28.09
PEG (NY)N/A
PEG (5Y)0.65
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 | 0.81 |
F-Score4
WACC6.24%
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 5Y-3.65%
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 5Y2.59%
EBIT growth 1Y-55.37%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year52.1%
EBIT Next 3Y19.99%
EBIT Next 5Y13.92%
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 20.44 and the Price/Book (PB) ratio is 1.78.
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.