CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - TSX:CPX - CA14042M1023 - Common Stock
62.26 CAD
-0.03 (-0.05%)
We assign a fundamental rating of 4 out of 10 to CPX. 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 valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CPX was profitable.
In the past year CPX had a positive cash flow from operations.
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 fine compared to the rest of the industry. CPX outperforms 78.79% of its industry peers.
The Return On Equity of CPX (7.64%) is better than 81.82% of its industry peers.
The Return On Invested Capital of CPX (2.38%) is comparable to the rest of the industry.
CPX had an Average Return On Invested Capital over the past 3 years of 5.90%. This is above the industry average of 3.82%.
| 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.
CPX has a Operating Margin (11.65%) which is in line with its industry peers.
In the last couple of years the Operating Margin of CPX has declined.
With a Gross Margin value of 47.75%, CPX is not doing good in the industry: 63.64% 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
CPX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CPX has more shares outstanding
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 0.82, we must say that CPX is in the distress zone and has some risk of bankruptcy.
CPX has a Altman-Z score of 0.82. This is amongst the best in the industry. CPX outperforms 93.94% of its industry peers.
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 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.
Looking at the Debt to Equity ratio, with a value of 1.22, CPX is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.82 |
ROIC/WACC0.37
WACC6.36%
2.3 Liquidity
A Current Ratio of 0.74 indicates that CPX may have some problems paying its short term obligations.
With a Current ratio value of 0.74, CPX is not doing good in the industry: 63.64% 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
The earnings per share for CPX have decreased strongly by -32.37% in the last year.
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.
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)-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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.17% yearly.
The Revenue is expected to grow by 0.38% on average over the next years.
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 5Y0.38%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.24, CPX is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of CPX indicates a somewhat cheap valuation: CPX is cheaper than 75.76% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CPX to the average of the S&P500 Index (25.51), we can say CPX is valued inline with the index average.
CPX is valuated rather expensively with a Price/Forward Earnings ratio of 18.18.
Based on the Price/Forward Earnings ratio, CPX is valued a bit cheaper than the industry average as 75.76% of the companies are valued more expensively.
CPX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.24 | ||
| Fwd PE | 18.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPX is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
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 | 44.2 | ||
| EV/EBITDA | 16.89 |
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)0.71
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.39%, CPX is a good candidate for dividend investing.
CPX's Dividend Yield is comparable with the industry average which is at 6.01.
Compared to an average S&P500 Dividend Yield of 2.44, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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.
DP84.33%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
TSX:CPX (11/18/2025, 7:00:00 PM)
62.26
-0.03 (-0.05%)
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 Cap9.68B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target73.23 (17.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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)6.1%
PT rev (3m)10.03%
EPS NQ rev (1m)-5.64%
EPS NQ rev (3m)-6.38%
EPS NY rev (1m)5.31%
EPS NY rev (3m)-37.84%
Revenue NQ rev (1m)-1.62%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)6.62%
Revenue NY rev (3m)4.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.24 | ||
| Fwd PE | 18.18 | ||
| P/S | 2.77 | ||
| P/FCF | 44.2 | ||
| P/OCF | 8.13 | ||
| P/B | 1.93 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 16.89 |
EPS(TTM)2.8
EY4.5%
EPS(NY)3.43
Fwd EY5.5%
FCF(TTM)1.41
FCFY2.26%
OCF(TTM)7.65
OCFY12.29%
SpS22.48
BVpS32.26
TBVpS28.17
PEG (NY)N/A
PEG (5Y)0.71
Graham Number45.08
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 | 0.82 |
F-Score4
WACC6.36%
ROIC/WACC0.37
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 5Y0.38%
EBIT growth 1Y-55.37%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.25%
EBIT Next 3Y21.28%
EBIT Next 5Y14.46%
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%.