CLEARWAY ENERGY INC-C (CWEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CWEN - US18539C2044 - Common Stock
34.01 USD
-0.14 (-0.41%)
34.01 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 only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on CWEN. CWEN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CWEN had positive earnings in the past year.
CWEN had a positive operating cash flow in the past year.
In the past 5 years CWEN has always been profitable.
In the past 5 years CWEN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.72%, CWEN is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
With a decent Return On Equity value of 13.47%, CWEN is doing good in the industry, outperforming 80.00% of the companies in the same industry.
CWEN has a Return On Invested Capital of 0.88%. This is in the lower half of the industry: CWEN underperforms 65.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CWEN is below the industry average of 4.14%.
| 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
Looking at the Profit Margin, with a value of 20.07%, CWEN belongs to the top 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's Operating Margin of 12.51% is fine compared to the rest of the industry. CWEN outperforms 65.00% of its industry peers.
In the last couple of years the Operating Margin of CWEN has declined.
CWEN has a better Gross Margin (63.35%) than 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.
Compared to 1 year ago, CWEN has about the same amount of shares outstanding.
CWEN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CWEN has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.48, we must say that CWEN is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.48, CWEN perfoms like the industry average, outperforming 60.00% of the companies in the same 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 has a better Debt to FCF ratio (19.15) than 80.00% of its industry peers.
A Debt/Equity ratio of 3.95 is on the high side and indicates that CWEN has dependencies on debt 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 | 0.48 |
ROIC/WACC0.13
WACC6.56%
2.3 Liquidity
A Current Ratio of 1.54 indicates that CWEN should not have too much problems paying 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'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.
The Earnings Per Share has been growing by 19.45% on average over the past years. This is quite good.
The Revenue has been growing slightly by 0.81% in the past 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
Based on estimates for the next years, CWEN will show a very strong growth in Earnings Per Share. The EPS will grow by 38.14% on average per year.
The Revenue is expected to grow by 6.05% on average over the next years.
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
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 14.53.
Based on the Price/Earnings ratio, CWEN is valued cheaper than 85.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of CWEN to the average of the S&P500 Index (26.49), we can say CWEN is valued slightly cheaper.
A Price/Forward Earnings ratio of 26.72 indicates a quite expensive valuation of CWEN.
75.00% of the companies in the same industry are more expensive than CWEN, based on the Price/Forward Earnings ratio.
CWEN is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 26.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CWEN is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, CWEN is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.75 | ||
| EV/EBITDA | 14.93 |
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 38.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y30.26%
EPS Next 3Y38.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.54%, CWEN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.58, CWEN pays a better dividend. On top of this CWEN pays more dividend than 95.00% of the companies listed in the same industry.
CWEN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
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 2Y30.26%
EPS Next 3Y38.14%
34.01
-0.14 (-0.41%)
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 Cap6.93B
Revenue(TTM)1.38B
Net Income(TTM)276.00M
Analysts81.18
Price Target41.66 (22.49%)
Short Float %12.42%
Short Ratio3.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
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)3.13%
PT rev (3m)5.48%
EPS NQ rev (1m)-5.26%
EPS NQ rev (3m)-19.05%
EPS NY rev (1m)135.35%
EPS NY rev (3m)102.22%
Revenue NQ rev (1m)-1.55%
Revenue NQ rev (3m)-3.49%
Revenue NY rev (1m)-1.32%
Revenue NY rev (3m)-3.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.53 | ||
| Fwd PE | 26.72 | ||
| P/S | 5.04 | ||
| P/FCF | 15.75 | ||
| P/OCF | 9.86 | ||
| P/B | 3.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.93 |
EPS(TTM)2.34
EY6.88%
EPS(NY)1.27
Fwd EY3.74%
FCF(TTM)2.16
FCFY6.35%
OCF(TTM)3.45
OCFY10.14%
SpS6.75
BVpS10.06
TBVpS-1.76
PEG (NY)0.27
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 | 0.48 |
F-Score4
WACC6.56%
ROIC/WACC0.13
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 14.53 and the Price/Book (PB) ratio is 3.38.
Can you provide the financial health for CWEN stock?
The financial health rating of CLEARWAY ENERGY INC-C (CWEN) is 4 / 10.