CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
60.57 CAD
-0.76 (-1.24%)
Taking everything into account, CPX scores 4 out of 10 in our fundamental rating. CPX was compared to 33 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.
1. Profitability
1.1 Basic Checks
CPX had positive earnings in the past year.
CPX had a positive operating cash flow in the past year.
In the past 5 years CPX has always been profitable.
CPX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CPX's Return On Assets of 2.50% is amongst the best of the industry. CPX outperforms 81.82% of its industry peers.
CPX has a better Return On Equity (7.64%) than 84.85% of its industry peers.
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.
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
CPX has a better Profit Margin (10.96%) than 87.88% of its industry peers.
CPX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.65%, CPX is in line with its industry, outperforming 54.55% of the companies in the same industry.
In the last couple of years the Operating Margin of CPX has declined.
The Gross Margin of CPX (47.75%) is worse than 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
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.
Compared to 5 years ago, CPX has more shares outstanding
CPX has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.81, 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 0.81, CPX belongs to the top of the industry, outperforming 93.94% 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 (31.16) which is in line with its industry peers.
A Debt/Equity ratio of 1.22 is on the high side and indicates that CPX has dependencies on debt financing.
CPX's Debt to Equity ratio of 1.22 is fine compared to the rest of the industry. CPX outperforms 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
WACC6.27%
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 in the lower half of the industry: CPX underperforms 63.64% of its industry peers.
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 60.61% of its industry peers.
| 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%.
Measured over the past years, CPX shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.29% on average per year.
Looking at the last year, CPX shows a very negative growth in Revenue. The Revenue has decreased by -10.55% in the last year.
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
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-64.64%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
EPS Next 5Y9.17%
Revenue Next Year-0.76%
Revenue Next 2Y4.41%
Revenue Next 3Y3.58%
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
CPX is valuated rather expensively with a Price/Earnings ratio of 21.63.
78.79% of the companies in the same industry are more expensive than CPX, based on the Price/Earnings ratio.
CPX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.15.
The Price/Forward Earnings ratio is 17.68, which indicates a rather expensive current valuation of CPX.
Based on the Price/Forward Earnings ratio, CPX is valued a bit cheaper than 75.76% of the companies in the same industry.
CPX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 17.68 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as CPX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.02 | ||
| EV/EBITDA | 16.68 |
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 -9.88% in the coming years.
PEG (NY)N/A
PEG (5Y)0.69
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
5. Dividend
5.1 Amount
CPX has a Yearly Dividend Yield of 4.58%, which is a nice return.
Compared to an average industry Dividend Yield of 4.77, CPX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
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
84.33% of the earnings are spent on dividend by CPX. This is not a sustainable payout ratio.
DP84.33%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
TSX:CPX (12/2/2025, 7:00:00 PM)
60.57
-0.76 (-1.24%)
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 Cap9.42B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target76.12 (25.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
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)10.28%
PT rev (3m)14.22%
EPS NQ rev (1m)-19.62%
EPS NQ rev (3m)-25.38%
EPS NY rev (1m)5.31%
EPS NY rev (3m)-8.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)6.62%
Revenue NY rev (3m)5.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 17.68 | ||
| P/S | 2.7 | ||
| P/FCF | 43.02 | ||
| P/OCF | 7.92 | ||
| P/B | 1.88 | ||
| P/tB | 2.15 | ||
| EV/EBITDA | 16.68 |
EPS(TTM)2.8
EY4.62%
EPS(NY)3.43
Fwd EY5.66%
FCF(TTM)1.41
FCFY2.32%
OCF(TTM)7.65
OCFY12.63%
SpS22.47
BVpS32.24
TBVpS28.15
PEG (NY)N/A
PEG (5Y)0.69
Graham Number45.07
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
WACC6.27%
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-64.64%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
EPS Next 5Y9.17%
Revenue 1Y (TTM)-10.55%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%17.77%
Revenue Next Year-0.76%
Revenue Next 2Y4.41%
Revenue Next 3Y3.58%
Revenue Next 5Y0.43%
EBIT growth 1Y-55.37%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.25%
EBIT Next 3Y21.28%
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%.