CAPITAL POWER CORP (CPX.CA) Fundamental Analysis & Valuation

TSX:CPX • CA14042M1023

Current stock price

68.27 CAD
+0.33 (+0.49%)
Last:

This CPX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. CPX.CA Profitability Analysis

1.1 Basic Checks

  • CPX had positive earnings in the past year.
  • In the past year CPX had a positive cash flow from operations.
  • In the past 5 years CPX has always been profitable.
  • In the past 5 years CPX always reported a positive cash flow from operatings.
CPX.CA Yearly Net Income VS EBIT VS OCF VS FCFCPX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.85%, CPX belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
  • CPX has a better Return On Equity (2.72%) than 87.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 2.42%, CPX is in the better half of the industry, outperforming 65.63% 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 2.46%.
Industry RankSector Rank
ROA 0.85%
ROE 2.72%
ROIC 2.42%
ROA(3y)4.12%
ROA(5y)2.76%
ROE(3y)13.17%
ROE(5y)9.02%
ROIC(3y)6.19%
ROIC(5y)5.16%
CPX.CA Yearly ROA, ROE, ROICCPX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • The Profit Margin of CPX (3.62%) is better than 87.50% of its industry peers.
  • In the last couple of years the Profit Margin of CPX has declined.
  • CPX has a Operating Margin of 10.58%. This is comparable to the rest of the industry: CPX outperforms 59.38% of its industry peers.
  • CPX's Operating Margin has declined in the last couple of years.
  • With a Gross Margin value of 42.41%, CPX is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
  • CPX's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 10.58%
PM (TTM) 3.62%
GM 42.41%
OM growth 3Y-0.45%
OM growth 5Y-13.93%
PM growth 3Y2.61%
PM growth 5Y-2.91%
GM growth 3Y-1.57%
GM growth 5Y-8.84%
CPX.CA Yearly Profit, Operating, Gross MarginsCPX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

2. CPX.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CPX is destroying value.
  • Compared to 1 year ago, CPX has more shares outstanding
  • CPX has more shares outstanding than it did 5 years ago.
  • CPX has a worse debt/assets ratio than last year.
CPX.CA Yearly Shares OutstandingCPX.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
CPX.CA Yearly Total Debt VS Total AssetsCPX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • CPX has an Altman-Z score of 0.89. This is a bad value and indicates that CPX is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.89, CPX belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
  • CPX has a debt to FCF ratio of 70.24. This is a negative value and a sign of low solvency as CPX would need 70.24 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 70.24, CPX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • A Debt/Equity ratio of 1.35 is on the high side and indicates that CPX has dependencies on debt financing.
  • CPX has a better Debt to Equity ratio (1.35) than 78.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 70.24
Altman-Z 0.89
ROIC/WACC0.35
WACC6.86%
CPX.CA Yearly LT Debt VS Equity VS FCFCPX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • CPX has a Current Ratio of 0.94. 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 Current ratio of 0.94 is in line compared to the rest of the industry. CPX outperforms 59.38% of its industry peers.
  • CPX has a Quick Ratio of 0.94. 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 Quick ratio of 0.75. This is in the better half of the industry: CPX outperforms 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.75
CPX.CA Yearly Current Assets VS Current LiabilitesCPX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

4

3. CPX.CA Growth Analysis

3.1 Past

  • CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.94%.
  • Measured over the past years, CPX shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.28% on average per year.
  • The Revenue has decreased by -3.39% in the past year.
  • CPX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.29% yearly.
EPS 1Y (TTM)-81.94%
EPS 3Y-36.55%
EPS 5Y-5.28%
EPS Q2Q%-106.86%
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y7.27%
Revenue growth 5Y13.29%
Sales Q2Q%26.38%

3.2 Future

  • The Earnings Per Share is expected to grow by 52.62% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, CPX will show a small growth in Revenue. The Revenue will grow by 1.93% on average per year.
EPS Next Y170.11%
EPS Next 2Y88.12%
EPS Next 3Y61.24%
EPS Next 5Y52.62%
Revenue Next Year10.42%
Revenue Next 2Y7.64%
Revenue Next 3Y10.05%
Revenue Next 5Y1.93%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better 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.
CPX.CA Yearly Revenue VS EstimatesCPX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
CPX.CA Yearly EPS VS EstimatesCPX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

5

4. CPX.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 73.41, which means the current valuation is very expensive for CPX.
  • CPX's Price/Earnings ratio is a bit cheaper when compared to the industry. CPX is cheaper than 75.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.86, CPX is valued quite expensively.
  • CPX is valuated quite expensively with a Price/Forward Earnings ratio of 27.18.
  • 78.13% of the companies in the same industry are more expensive than CPX, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of CPX to the average of the S&P500 Index (37.39), we can say CPX is valued slightly cheaper.
Industry RankSector Rank
PE 73.41
Fwd PE 27.18
CPX.CA Price Earnings VS Forward Price EarningsCPX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CPX indicates a slightly more expensive valuation: CPX is more expensive than 65.63% of the companies listed in the same industry.
  • CPX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 108.95
EV/EBITDA 18.06
CPX.CA Per share dataCPX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of CPX may justify a higher PE ratio.
  • CPX's earnings are expected to grow with 61.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.43
PEG (5Y)N/A
EPS Next 2Y88.12%
EPS Next 3Y61.24%

5

5. CPX.CA Dividend Analysis

5.1 Amount

  • CPX has a Yearly Dividend Yield of 4.07%, which is a nice return.
  • CPX's Dividend Yield is a higher than the industry average which is at 3.33.
  • CPX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.07%

5.2 History

  • The dividend of CPX decreases each year by -0.02%.
  • CPX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-0.02%
Div Incr Years0
Div Non Decr Years0
CPX.CA Yearly Dividends per shareCPX.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • CPX pays out 256.06% of its income as dividend. This is not a sustainable payout ratio.
DP256.06%
EPS Next 2Y88.12%
EPS Next 3Y61.24%
CPX.CA Yearly Income VS Free CF VS DividendCPX.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
CPX.CA Dividend Payout.CPX.CA Dividend Payout, showing the Payout Ratio.CPX.CA Dividend Payout.PayoutRetained Earnings

CPX.CA Fundamentals: All Metrics, Ratios and Statistics

CAPITAL POWER CORP

TSX:CPX (4/10/2026, 7:00:00 PM)

68.27

+0.33 (+0.49%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)03-04
Earnings (Next)04-29
Inst Owners24.8%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap10.68B
Revenue(TTM)3.65B
Net Income(TTM)132.00M
Analysts75
Price Target75.18 (10.12%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.07%
Yearly Dividend2.29
Dividend Growth(5Y)-0.02%
DP256.06%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-61.74%
Min EPS beat(2)-116.32%
Max EPS beat(2)-7.16%
EPS beat(4)1
Avg EPS beat(4)-76.98%
Min EPS beat(4)-253.19%
Max EPS beat(4)68.75%
EPS beat(8)4
Avg EPS beat(8)-7.61%
EPS beat(12)7
Avg EPS beat(12)18.92%
EPS beat(16)10
Avg EPS beat(16)19.6%
Revenue beat(2)2
Avg Revenue beat(2)14.36%
Min Revenue beat(2)4.26%
Max Revenue beat(2)24.45%
Revenue beat(4)3
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)24.45%
Revenue beat(8)5
Avg Revenue beat(8)1.18%
Revenue beat(12)9
Avg Revenue beat(12)21.58%
Revenue beat(16)12
Avg Revenue beat(16)22.5%
PT rev (1m)0%
PT rev (3m)0.11%
EPS NQ rev (1m)-15.76%
EPS NQ rev (3m)-26.92%
EPS NY rev (1m)-10.44%
EPS NY rev (3m)-11.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)2.37%
Revenue NY rev (3m)2.63%
Valuation
Industry RankSector Rank
PE 73.41
Fwd PE 27.18
P/S 2.93
P/FCF 108.95
P/OCF 11.1
P/B 2.2
P/tB 2.52
EV/EBITDA 18.06
EPS(TTM)0.93
EY1.36%
EPS(NY)2.51
Fwd EY3.68%
FCF(TTM)0.63
FCFY0.92%
OCF(TTM)6.15
OCFY9.01%
SpS23.32
BVpS31.05
TBVpS27.09
PEG (NY)0.43
PEG (5Y)N/A
Graham Number25.49
Profitability
Industry RankSector Rank
ROA 0.85%
ROE 2.72%
ROCE 2.8%
ROIC 2.42%
ROICexc 2.44%
ROICexgc 2.56%
OM 10.58%
PM (TTM) 3.62%
GM 42.41%
FCFM 2.69%
ROA(3y)4.12%
ROA(5y)2.76%
ROE(3y)13.17%
ROE(5y)9.02%
ROIC(3y)6.19%
ROIC(5y)5.16%
ROICexc(3y)6.95%
ROICexc(5y)5.67%
ROICexgc(3y)7.59%
ROICexgc(5y)6.23%
ROCE(3y)7.14%
ROCE(5y)5.96%
ROICexgc growth 3Y-14.26%
ROICexgc growth 5Y-14.25%
ROICexc growth 3Y-12.31%
ROICexc growth 5Y-13.21%
OM growth 3Y-0.45%
OM growth 5Y-13.93%
PM growth 3Y2.61%
PM growth 5Y-2.91%
GM growth 3Y-1.57%
GM growth 5Y-8.84%
F-Score3
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 70.24
Debt/EBITDA 6.77
Cap/Depr 148.97%
Cap/Sales 23.68%
Interest Coverage 1.12
Cash Conversion 99.59%
Profit Quality 74.24%
Current Ratio 0.94
Quick Ratio 0.75
Altman-Z 0.89
F-Score3
WACC6.86%
ROIC/WACC0.35
Cap/Depr(3y)162.55%
Cap/Depr(5y)145.28%
Cap/Sales(3y)23.59%
Cap/Sales(5y)25.06%
Profit Quality(3y)32.85%
Profit Quality(5y)182.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-81.94%
EPS 3Y-36.55%
EPS 5Y-5.28%
EPS Q2Q%-106.86%
EPS Next Y170.11%
EPS Next 2Y88.12%
EPS Next 3Y61.24%
EPS Next 5Y52.62%
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y7.27%
Revenue growth 5Y13.29%
Sales Q2Q%26.38%
Revenue Next Year10.42%
Revenue Next 2Y7.64%
Revenue Next 3Y10.05%
Revenue Next 5Y1.93%
EBIT growth 1Y-53.04%
EBIT growth 3Y6.78%
EBIT growth 5Y-2.5%
EBIT Next Year177.57%
EBIT Next 3Y46.68%
EBIT Next 5Y28.64%
FCF growth 1Y42.03%
FCF growth 3Y-27.1%
FCF growth 5Y-20.31%
OCF growth 1Y-15.54%
OCF growth 3Y0.95%
OCF growth 5Y9.5%

CAPITAL POWER CORP / CPX.CA Fundamental Analysis 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 5 / 10 to CAPITAL POWER CORP (CPX.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for CAPITAL POWER CORP?

CAPITAL POWER CORP (CPX.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for CPX stock?

The Price/Earnings (PE) ratio for CAPITAL POWER CORP (CPX.CA) is 73.41 and the Price/Book (PB) ratio is 2.2.


Can you provide the dividend sustainability for CPX stock?

The dividend rating of CAPITAL POWER CORP (CPX.CA) is 5 / 10 and the dividend payout ratio is 256.06%.