CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
58.55 CAD
-0.43 (-0.73%)
We assign a fundamental rating of 4 out of 10 to CPX. CPX was compared to 32 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 is quite expensive at the moment. It does show a decent growth rate. Finally 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.
CPX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CPX has a Return On Assets of 2.50%. This is amongst the best in the industry. CPX outperforms 84.38% of its industry peers.
CPX has a better Return On Equity (7.64%) than 87.50% of its industry peers.
CPX's Return On Invested Capital of 2.38% is in line compared to the rest of the industry. CPX outperforms 50.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CPX is above the industry average of 2.79%.
| 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's Profit Margin of 10.96% is amongst the best of the industry. CPX outperforms 87.50% of its industry peers.
CPX's Profit Margin has improved in the last couple of years.
CPX has a Operating Margin of 11.65%. This is comparable to the rest of the industry: CPX outperforms 53.13% of its industry peers.
CPX's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 47.75%, CPX is not doing good in the industry: 65.63% of the companies in the same industry are doing better.
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.
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.
The debt/assets ratio for CPX has been reduced compared to a year ago.
2.2 Solvency
CPX has an Altman-Z score of 0.79. 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 0.79, CPX belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
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 (31.16) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.22 is on the high side and indicates that CPX has dependencies on debt financing.
With an excellent Debt to Equity ratio value of 1.22, CPX belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
| 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.
CPX has a Current ratio of 0.74. This is comparable to the rest of the industry: CPX outperforms 43.75% of its industry peers.
A Quick Ratio of 0.63 indicates that CPX may have some problems paying its short term obligations.
The Quick ratio of CPX (0.63) is comparable to the rest of the industry.
| 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
The Revenue for CPX has decreased by -10.55% in the past year. This is quite bad
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
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.
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 20.91 indicates a rather expensive valuation of CPX.
CPX's Price/Earnings ratio is rather cheap when compared to the industry. CPX is cheaper than 81.25% of the companies in the same industry.
CPX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.53 indicates a rather expensive valuation of CPX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPX indicates a somewhat cheap valuation: CPX is cheaper than 75.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, CPX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.91 | ||
| Fwd PE | 20.53 |
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 65.63% of the companies 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 | 41.68 | ||
| EV/EBITDA | 16.32 |
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)0.67
EPS Next 2Y-25.59%
EPS Next 3Y-14.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.51%, CPX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.02, CPX pays a better dividend. On top of this CPX pays more dividend than 90.63% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.51% |
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-25.59%
EPS Next 3Y-14.06%
TSX:CPX (12/31/2025, 7:00:00 PM)
58.55
-0.43 (-0.73%)
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 Cap9.13B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target75.1 (28.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.51% |
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)12.69%
EPS NQ rev (1m)-4.99%
EPS NQ rev (3m)-29.1%
EPS NY rev (1m)-8.29%
EPS NY rev (3m)-3.43%
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 | 20.91 | ||
| Fwd PE | 20.53 | ||
| P/S | 2.61 | ||
| P/FCF | 41.68 | ||
| P/OCF | 7.67 | ||
| P/B | 1.82 | ||
| P/tB | 2.08 | ||
| EV/EBITDA | 16.32 |
EPS(TTM)2.8
EY4.78%
EPS(NY)2.85
Fwd EY4.87%
FCF(TTM)1.4
FCFY2.4%
OCF(TTM)7.63
OCFY13.04%
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 20.91 and the Price/Book (PB) ratio is 1.82.
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.