CLEARWAY ENERGY INC-C (CWEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CWEN - US18539C2044 - Common Stock
33.26 USD
-0.13 (-0.39%)
33.26 USD
0 (0%)
Overall CWEN gets a fundamental rating of 6 out of 10. We evaluated CWEN against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. CWEN has an average financial health and profitability rating. CWEN has a correct valuation and a medium growth rate. Finally CWEN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CWEN had positive earnings in the past year.
In the past year CWEN had a positive cash flow from operations.
In the past 5 years CWEN has always been profitable.
Each year in the past 5 years CWEN had a positive operating cash flow.
1.2 Ratios
CWEN has a Return On Assets of 1.72%. This is in the better half of the industry: CWEN outperforms 70.00% of its industry peers.
The Return On Equity of CWEN (13.47%) is better than 80.00% of its industry peers.
CWEN's Return On Invested Capital of 0.88% is on the low side compared to the rest of the industry. CWEN is outperformed by 65.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CWEN is below the industry average of 4.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 13.47% | ||
| ROIC | 0.88% |
ROA(3y)1.96%
ROA(5y)1.3%
ROE(3y)11.36%
ROE(5y)7.65%
ROIC(3y)1.38%
ROIC(5y)1.8%
1.3 Margins
CWEN has a better Profit Margin (20.07%) than 85.00% of its industry peers.
In the last couple of years the Profit Margin of CWEN has grown nicely.
CWEN has a better Operating Margin (12.51%) than 65.00% of its industry peers.
CWEN's Operating Margin has declined in the last couple of years.
CWEN's Gross Margin of 63.35% is fine compared to the rest of the industry. CWEN outperforms 70.00% of its industry peers.
CWEN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.51% | ||
| PM (TTM) | 20.07% | ||
| GM | 63.35% |
OM growth 3Y-11.92%
OM growth 5Y-10%
PM growth 3Y17.41%
PM growth 5YN/A
GM growth 3Y-0.76%
GM growth 5Y-1.04%
2. Health
2.1 Basic Checks
CWEN 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 CWEN remains at a similar level compared to 1 year ago.
The number of shares outstanding for CWEN has been increased compared to 5 years ago.
Compared to 1 year ago, CWEN has an improved debt to assets ratio.
2.2 Solvency
CWEN has an Altman-Z score of 0.47. This is a bad value and indicates that CWEN is not financially healthy and even has some risk of bankruptcy.
CWEN has a Altman-Z score (0.47) which is comparable to the rest of the industry.
CWEN has a debt to FCF ratio of 19.15. This is a negative value and a sign of low solvency as CWEN would need 19.15 years to pay back of all of its debts.
CWEN's Debt to FCF ratio of 19.15 is fine compared to the rest of the industry. CWEN outperforms 75.00% of its industry peers.
CWEN has a Debt/Equity ratio of 3.95. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CWEN (3.95) is worse than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | 19.15 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.14
WACC6.33%
2.3 Liquidity
A Current Ratio of 1.54 indicates that CWEN should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.54, CWEN is doing good in the industry, outperforming 80.00% of the companies in the same industry.
CWEN has a Quick Ratio of 1.44. This is a normal value and indicates that CWEN is financially healthy and should not expect problems in meeting its short term obligations.
CWEN's Quick ratio of 1.44 is fine compared to the rest of the industry. CWEN outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
CWEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 127.18%, which is quite impressive.
CWEN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.45% yearly.
Looking at the last year, CWEN shows a small growth in Revenue. The Revenue has grown by 0.81% in the last year.
The Revenue has been growing slightly by 5.85% on average over the past years.
EPS 1Y (TTM)127.18%
EPS 3Y19.45%
EPS 5YN/A
EPS Q2Q%545.16%
Revenue 1Y (TTM)0.81%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%-11.73%
3.2 Future
The Earnings Per Share is expected to grow by 25.93% on average over the next years. This is a very strong growth
CWEN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.68% yearly.
EPS Next Y115.08%
EPS Next 2Y15.07%
EPS Next 3Y25.93%
EPS Next 5YN/A
Revenue Next Year-0.76%
Revenue Next 2Y6.37%
Revenue Next 3Y6.68%
Revenue Next 5YN/A
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 accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CWEN is valuated correctly with a Price/Earnings ratio of 14.21.
Compared to the rest of the industry, the Price/Earnings ratio of CWEN indicates a rather cheap valuation: CWEN is cheaper than 85.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, CWEN is valued a bit cheaper.
A Price/Forward Earnings ratio of 33.49 indicates a quite expensive valuation of CWEN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CWEN indicates a somewhat cheap valuation: CWEN is cheaper than 70.00% of the companies listed in the same industry.
CWEN is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.21 | ||
| Fwd PE | 33.49 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CWEN.
90.00% of the companies in the same industry are more expensive than CWEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.4 | ||
| EV/EBITDA | 14.78 |
4.3 Compensation for Growth
CWEN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CWEN has a very decent profitability rating, which may justify a higher PE ratio.
CWEN's earnings are expected to grow with 25.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y15.07%
EPS Next 3Y25.93%
5. Dividend
5.1 Amount
CWEN has a Yearly Dividend Yield of 5.59%, which is a nice return.
Compared to an average industry Dividend Yield of 1.42, CWEN pays a better dividend. On top of this CWEN pays more dividend than 95.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, CWEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.59% |
5.2 History
On average, the dividend of CWEN grows each year by 15.88%, which is quite nice.
CWEN has paid a dividend for at least 10 years, which is a reliable track record.
CWEN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)15.88%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
127.17% of the earnings are spent on dividend by CWEN. This is not a sustainable payout ratio.
The dividend of CWEN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP127.17%
EPS Next 2Y15.07%
EPS Next 3Y25.93%
33.26
-0.13 (-0.39%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners78.24%
Inst Owner Change7.3%
Ins Owners0.03%
Ins Owner Change-4.28%
Market Cap6.78B
Revenue(TTM)1.38B
Net Income(TTM)276.00M
Analysts81.18
Price Target42.04 (26.4%)
Short Float %11.84%
Short Ratio3.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.59% |
Yearly Dividend1.65
Dividend Growth(5Y)15.88%
DP127.17%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)194.9%
Min EPS beat(2)-62.82%
Max EPS beat(2)452.62%
EPS beat(4)2
Avg EPS beat(4)112.62%
Min EPS beat(4)-62.82%
Max EPS beat(4)452.62%
EPS beat(8)4
Avg EPS beat(8)128.42%
EPS beat(12)6
Avg EPS beat(12)91.46%
EPS beat(16)7
Avg EPS beat(16)98.62%
Revenue beat(2)1
Avg Revenue beat(2)-4.29%
Min Revenue beat(2)-9.94%
Max Revenue beat(2)1.36%
Revenue beat(4)1
Avg Revenue beat(4)-6.25%
Min Revenue beat(4)-13.81%
Max Revenue beat(4)1.36%
Revenue beat(8)2
Avg Revenue beat(8)-6.35%
Revenue beat(12)4
Avg Revenue beat(12)-4.23%
Revenue beat(16)4
Avg Revenue beat(16)-7.02%
PT rev (1m)2.42%
PT rev (3m)6.27%
EPS NQ rev (1m)-21.86%
EPS NQ rev (3m)-104.82%
EPS NY rev (1m)230.45%
EPS NY rev (3m)140.53%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)-4.42%
Revenue NY rev (1m)-0.9%
Revenue NY rev (3m)-2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.21 | ||
| Fwd PE | 33.49 | ||
| P/S | 4.93 | ||
| P/FCF | 15.4 | ||
| P/OCF | 9.64 | ||
| P/B | 3.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.78 |
EPS(TTM)2.34
EY7.04%
EPS(NY)0.99
Fwd EY2.99%
FCF(TTM)2.16
FCFY6.49%
OCF(TTM)3.45
OCFY10.37%
SpS6.75
BVpS10.06
TBVpS-1.76
PEG (NY)0.12
PEG (5Y)N/A
Graham Number23.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.72% | ||
| ROE | 13.47% | ||
| ROCE | 1.12% | ||
| ROIC | 0.88% | ||
| ROICexc | 0.9% | ||
| ROICexgc | 1.07% | ||
| OM | 12.51% | ||
| PM (TTM) | 20.07% | ||
| GM | 63.35% | ||
| FCFM | 32% |
ROA(3y)1.96%
ROA(5y)1.3%
ROE(3y)11.36%
ROE(5y)7.65%
ROIC(3y)1.38%
ROIC(5y)1.8%
ROICexc(3y)1.44%
ROICexc(5y)1.86%
ROICexgc(3y)1.78%
ROICexgc(5y)2.29%
ROCE(3y)1.75%
ROCE(5y)2.28%
ROICexgc growth 3Y-17.63%
ROICexgc growth 5Y-15.57%
ROICexc growth 3Y-15.48%
ROICexc growth 5Y-15.05%
OM growth 3Y-11.92%
OM growth 5Y-10%
PM growth 3Y17.41%
PM growth 5YN/A
GM growth 3Y-0.76%
GM growth 5Y-1.04%
F-Score4
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | 19.15 | ||
| Debt/EBITDA | 7.99 | ||
| Cap/Depr | 31.31% | ||
| Cap/Sales | 19.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.47% | ||
| Profit Quality | 159.42% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 0.47 |
F-Score4
WACC6.33%
ROIC/WACC0.14
Cap/Depr(3y)28.49%
Cap/Depr(5y)26.49%
Cap/Sales(3y)16.18%
Cap/Sales(5y)14.12%
Profit Quality(3y)416.97%
Profit Quality(5y)797.18%
High Growth Momentum
Growth
EPS 1Y (TTM)127.18%
EPS 3Y19.45%
EPS 5YN/A
EPS Q2Q%545.16%
EPS Next Y115.08%
EPS Next 2Y15.07%
EPS Next 3Y25.93%
EPS Next 5YN/A
Revenue 1Y (TTM)0.81%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%-11.73%
Revenue Next Year-0.76%
Revenue Next 2Y6.37%
Revenue Next 3Y6.68%
Revenue Next 5YN/A
EBIT growth 1Y-24.56%
EBIT growth 3Y-10.02%
EBIT growth 5Y-4.74%
EBIT Next Year318.4%
EBIT Next 3Y72.81%
EBIT Next 5YN/A
FCF growth 1Y-14.73%
FCF growth 3Y-3.41%
FCF growth 5Y14.17%
OCF growth 1Y3.99%
OCF growth 3Y3.88%
OCF growth 5Y10.05%
CLEARWAY ENERGY INC-C / CWEN FAQ
Can you provide the ChartMill fundamental rating for CLEARWAY ENERGY INC-C?
ChartMill assigns a fundamental rating of 6 / 10 to CWEN.
What is the valuation status of CLEARWAY ENERGY INC-C (CWEN) stock?
ChartMill assigns a valuation rating of 6 / 10 to CLEARWAY ENERGY INC-C (CWEN). This can be considered as Fairly Valued.
How profitable is CLEARWAY ENERGY INC-C (CWEN) stock?
CLEARWAY ENERGY INC-C (CWEN) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for CWEN stock?
The Price/Earnings (PE) ratio for CLEARWAY ENERGY INC-C (CWEN) is 14.21 and the Price/Book (PB) ratio is 3.31.
How sustainable is the dividend of CLEARWAY ENERGY INC-C (CWEN) stock?
The dividend rating of CLEARWAY ENERGY INC-C (CWEN) is 8 / 10 and the dividend payout ratio is 127.17%.