CLEARWAY ENERGY INC-C (CWEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CWEN - US18539C2044 - Common Stock
32.38 USD
-0.33 (-1.01%)
32.88 USD
+0.5 (+1.54%)
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. Both the profitability and the financial health of CWEN get a neutral evaluation. Nothing too spectacular is happening here. CWEN scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
Each year in the past 5 years CWEN has been profitable.
CWEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CWEN (1.72%) is better than 70.00% of its industry peers.
The Return On Equity of CWEN (13.47%) is better than 80.00% of its industry peers.
With a Return On Invested Capital value of 0.88%, CWEN is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years 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
With an excellent Profit Margin value of 20.07%, CWEN belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
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.
In the last couple of years the Operating Margin of CWEN has declined.
With a decent Gross Margin value of 63.35%, CWEN is doing good in the industry, outperforming 70.00% of the companies in the same industry.
In the last couple of years the Gross Margin of CWEN has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CWEN is destroying value.
The number of shares outstanding for CWEN remains at a similar level compared to 1 year ago.
CWEN has more shares outstanding than it did 5 years ago.
CWEN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.46, we must say that CWEN is in the distress zone and has some risk of bankruptcy.
CWEN has a Altman-Z score (0.46) which is comparable to the rest of the industry.
The Debt to FCF ratio of CWEN is 19.15, which is on the high side as it means it would take CWEN, 19.15 years of fcf income to pay off all of its debts.
CWEN has a better Debt to FCF ratio (19.15) than 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.
CWEN has a worse Debt to Equity ratio (3.95) than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | 19.15 | ||
| Altman-Z | 0.46 |
ROIC/WACC0.14
WACC6.24%
2.3 Liquidity
CWEN has a Current Ratio of 1.54. This is a normal value and indicates that CWEN is financially healthy and should not expect problems in meeting its short term obligations.
CWEN has a better Current ratio (1.54) than 80.00% of its industry peers.
A Quick Ratio of 1.44 indicates that CWEN should not have too much problems paying its short term obligations.
CWEN has a Quick ratio of 1.44. This is in the better half 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.
Measured over the past years, CWEN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.45% on average per year.
Looking at the last year, CWEN shows a small growth in Revenue. The Revenue has grown by 0.81% in the last year.
Measured over the past years, CWEN shows a small growth in Revenue. The Revenue has been growing by 5.85% on average per year.
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 38.14% on average over the next years. This is a very strong growth
Based on estimates for the next years, CWEN will show a small growth in Revenue. The Revenue will grow by 6.05% on average per year.
EPS Next Y53.18%
EPS Next 2Y30.26%
EPS Next 3Y38.14%
EPS Next 5YN/A
Revenue Next Year-1.18%
Revenue Next 2Y6.5%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.84, CWEN is valued correctly.
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.
When comparing the Price/Earnings ratio of CWEN to the average of the S&P500 Index (26.43), we can say CWEN is valued slightly cheaper.
The Price/Forward Earnings ratio is 25.44, which means the current valuation is very expensive for CWEN.
Based on the Price/Forward Earnings ratio, CWEN is valued a bit cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.66. CWEN is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.84 | ||
| Fwd PE | 25.44 |
4.2 Price Multiples
CWEN's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, CWEN is valued cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15 | ||
| EV/EBITDA | 14.6 |
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.
CWEN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CWEN's earnings are expected to grow with 38.14% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y30.26%
EPS Next 3Y38.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.76%, CWEN is a good candidate for dividend investing.
CWEN's Dividend Yield is rather good when compared to the industry average which is at 1.44. CWEN pays more dividend than 95.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, CWEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
5.2 History
On average, the dividend of CWEN grows each year by 15.88%, which is quite nice.
CWEN has been paying a dividend for at least 10 years, so it has a reliable track record.
As CWEN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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 2Y30.26%
EPS Next 3Y38.14%
32.38
-0.33 (-1.01%)
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 Cap6.60B
Revenue(TTM)1.38B
Net Income(TTM)276.00M
Analysts81.18
Price Target41.66 (28.66%)
Short Float %15.4%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.76% |
Yearly Dividend1.65
Dividend Growth(5Y)15.88%
DP127.17%
Div Incr Years5
Div Non Decr Years5
Ex-Date
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)147.33%
EPS beat(12)6
Avg EPS beat(12)104.06%
EPS beat(16)7
Avg EPS beat(16)108.08%
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)4.02%
PT rev (3m)5.32%
EPS NQ rev (1m)-5.26%
EPS NQ rev (3m)-44.58%
EPS NY rev (1m)135.35%
EPS NY rev (3m)102.22%
Revenue NQ rev (1m)-1.55%
Revenue NQ rev (3m)-4.78%
Revenue NY rev (1m)-1.32%
Revenue NY rev (3m)-2.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.84 | ||
| Fwd PE | 25.44 | ||
| P/S | 4.8 | ||
| P/FCF | 15 | ||
| P/OCF | 9.39 | ||
| P/B | 3.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.6 |
EPS(TTM)2.34
EY7.23%
EPS(NY)1.27
Fwd EY3.93%
FCF(TTM)2.16
FCFY6.67%
OCF(TTM)3.45
OCFY10.65%
SpS6.75
BVpS10.06
TBVpS-1.76
PEG (NY)0.26
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 | 0.46 |
F-Score4
WACC6.24%
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 Y53.18%
EPS Next 2Y30.26%
EPS Next 3Y38.14%
EPS Next 5YN/A
Revenue 1Y (TTM)0.81%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%-11.73%
Revenue Next Year-1.18%
Revenue Next 2Y6.5%
Revenue Next 3Y6.05%
Revenue Next 5YN/A
EBIT growth 1Y-24.56%
EBIT growth 3Y-10.02%
EBIT growth 5Y-4.74%
EBIT Next Year328.03%
EBIT Next 3Y73.65%
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.
Can you provide the valuation status for CLEARWAY ENERGY INC-C?
ChartMill assigns a valuation rating of 7 / 10 to CLEARWAY ENERGY INC-C (CWEN). This can be considered as Undervalued.
How profitable is CLEARWAY ENERGY INC-C (CWEN) stock?
CLEARWAY ENERGY INC-C (CWEN) has a profitability rating of 6 / 10.
What are the PE and PB ratios of CLEARWAY ENERGY INC-C (CWEN) stock?
The Price/Earnings (PE) ratio for CLEARWAY ENERGY INC-C (CWEN) is 13.84 and the Price/Book (PB) ratio is 3.22.
Can you provide the financial health for CWEN stock?
The financial health rating of CLEARWAY ENERGY INC-C (CWEN) is 4 / 10.