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%)
CWEN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals 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 is valued quite cheap, while showing a decent growth score. This is a good combination! Finally 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.
CWEN had positive earnings in each of the past 5 years.
CWEN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CWEN's Return On Assets of 1.72% is fine compared to the rest of the industry. CWEN outperforms 65.00% of its industry peers.
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.
The Return On Invested Capital of CWEN (0.88%) is worse than 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 4.14%.
| 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
CWEN has a Profit Margin of 20.07%. This is amongst the best in the industry. CWEN outperforms 85.00% of its industry peers.
In the last couple of years the Profit Margin of CWEN has grown nicely.
CWEN has a Operating Margin of 12.51%. This is in the better half of the industry: CWEN outperforms 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.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CWEN 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.
CWEN has a better debt/assets ratio than last year.
2.2 Solvency
CWEN has an Altman-Z score of 0.48. This is a bad value and indicates that CWEN is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CWEN (0.48) 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's Debt to FCF ratio of 19.15 is fine compared to the rest of the industry. CWEN outperforms 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.
CWEN's Debt to Equity ratio of 3.95 is on the low side compared to the rest of the industry. CWEN is outperformed by 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | 19.15 | ||
| Altman-Z | 0.48 |
ROIC/WACC0.14
WACC6.5%
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.
Looking at the Current ratio, with a value of 1.54, CWEN is in the better half of 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.
The Quick ratio of CWEN (1.44) is better than 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.
CWEN shows a small growth in Revenue. In the last year, the Revenue has grown by 0.81%.
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
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.
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
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.
The average S&P500 Price/Earnings ratio is at 26.49. CWEN is valued slightly cheaper when compared to this.
CWEN is valuated quite expensively with a Price/Forward Earnings ratio of 26.72.
Based on the Price/Forward Earnings ratio, CWEN is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
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
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CWEN.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CWEN indicates a rather cheap valuation: CWEN is cheaper than 95.00% of the companies listed in the same industry.
| 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.
The decent profitability rating of CWEN 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
CWEN has a Yearly Dividend Yield of 5.54%, which is a nice return.
CWEN's Dividend Yield is rather good when compared to the industry average which is at 3.58. CWEN pays more dividend than 95.00% of the companies 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
The dividend of CWEN is nicely growing with an annual growth rate of 15.88%!
CWEN has been paying a dividend for at least 10 years, so it has 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
CWEN pays out 127.17% of its income as dividend. 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
WACC6.5%
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 5 / 10 to CWEN.
Can you provide the valuation status for CLEARWAY ENERGY INC-C?
ChartMill assigns a valuation rating of 5 / 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.
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.