CLEARWAY ENERGY INC-C (CWEN) Stock Fundamental Analysis
USA - NYSE:CWEN - US18539C2044 - Common Stock
31.9 USD
+0.38 (+1.21%)
31.9 USD
0 (0%)
Taking everything into account, CWEN scores 4 out of 10 in our fundamental rating. CWEN was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. CWEN has an average financial health and profitability rating. CWEN is quite expensive at the moment. It does show a decent growth rate. 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.
Each year in the past 5 years CWEN had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CWEN (0.47%) is comparable to the rest of the industry.
CWEN has a Return On Equity (4.11%) which is in line with its industry peers.
CWEN's Return On Invested Capital of 1.22% is on the low side compared to the rest of the industry. CWEN is outperformed by 60.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CWEN is below the industry average of 4.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 4.11% | ||
| ROIC | 1.22% |
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
The Profit Margin of CWEN (5.31%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CWEN has grown nicely.
CWEN has a Operating Margin of 16.41%. 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.
CWEN's Gross Margin of 64.32% is fine compared to the rest of the industry. CWEN outperforms 75.00% of its industry peers.
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 | 16.41% | ||
| PM (TTM) | 5.31% | ||
| GM | 64.32% |
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.
CWEN has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CWEN has more shares outstanding
The debt/assets ratio for CWEN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.45, we must say that CWEN is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.45, CWEN is in line with its industry, outperforming 50.00% of the companies in the same industry.
The Debt to FCF ratio of CWEN is 15.50, which is on the high side as it means it would take CWEN, 15.50 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CWEN (15.50) is better than 80.00% of its industry peers.
CWEN has a Debt/Equity ratio of 4.46. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 4.46, CWEN is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.46 | ||
| Debt/FCF | 15.5 | ||
| Altman-Z | 0.45 |
ROIC/WACC0.2
WACC6.09%
2.3 Liquidity
CWEN has a Current Ratio of 1.42. 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 Current ratio of 1.42 is fine compared to the rest of the industry. CWEN outperforms 80.00% of its industry peers.
CWEN has a Quick Ratio of 1.34. 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 Quick ratio, with a value of 1.34, CWEN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
CWEN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.33%.
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 quite strong growth in Revenue. The Revenue has grown by 14.65% 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)-13.33%
EPS 3Y19.45%
EPS 5YN/A
EPS Q2Q%-34.88%
Revenue 1Y (TTM)14.65%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%7.1%
3.2 Future
Based on estimates for the next years, CWEN will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.60% on average per year.
The Revenue is expected to grow by 6.27% on average over the next years.
EPS Next Y-10.58%
EPS Next 2Y14.78%
EPS Next 3Y12.6%
EPS Next 5YN/A
Revenue Next Year1.6%
Revenue Next 2Y6.92%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
CWEN is valuated quite expensively with a Price/Earnings ratio of 49.08.
Compared to the rest of the industry, the Price/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 expensively when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 32.28 indicates a quite expensive valuation of CWEN.
Based on the Price/Forward Earnings ratio, CWEN is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, CWEN is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.08 | ||
| Fwd PE | 32.28 |
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.
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 | 11.48 | ||
| EV/EBITDA | 13.98 |
4.3 Compensation for Growth
CWEN's earnings are expected to grow with 12.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.78%
EPS Next 3Y12.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.75%, CWEN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.35, CWEN pays a better dividend. On top of this CWEN pays more dividend than 90.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, CWEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
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.
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
455.26% of the earnings are spent on dividend by CWEN. This is not a sustainable payout ratio.
The dividend of CWEN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP455.26%
EPS Next 2Y14.78%
EPS Next 3Y12.6%
31.9
+0.38 (+1.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners76.54%
Inst Owner Change-0.22%
Ins Owners0.03%
Ins Owner Change-2.16%
Market Cap6.45B
Revenue(TTM)1.43B
Net Income(TTM)76.00M
Analysts83.75
Price Target39.61 (24.17%)
Short Float %10.62%
Short Ratio3.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.75% |
Yearly Dividend1.65
Dividend Growth(5Y)15.88%
DP455.26%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)24.85%
Min EPS beat(2)-62.82%
Max EPS beat(2)112.53%
EPS beat(4)1
Avg EPS beat(4)-11.16%
Min EPS beat(4)-62.82%
Max EPS beat(4)112.53%
EPS beat(8)3
Avg EPS beat(8)78.82%
EPS beat(12)5
Avg EPS beat(12)64.77%
EPS beat(16)6
Avg EPS beat(16)75.05%
Revenue beat(2)0
Avg Revenue beat(2)-6.27%
Min Revenue beat(2)-9.94%
Max Revenue beat(2)-2.6%
Revenue beat(4)1
Avg Revenue beat(4)-2.59%
Min Revenue beat(4)-13.81%
Max Revenue beat(4)15.99%
Revenue beat(8)1
Avg Revenue beat(8)-6.57%
Revenue beat(12)3
Avg Revenue beat(12)-5.74%
Revenue beat(16)3
Avg Revenue beat(16)-8.41%
PT rev (1m)0.14%
PT rev (3m)2.16%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)-4%
EPS NY rev (1m)18.04%
EPS NY rev (3m)-37.85%
Revenue NQ rev (1m)-1.64%
Revenue NQ rev (3m)-0.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.08 | ||
| Fwd PE | 32.28 | ||
| P/S | 4.5 | ||
| P/FCF | 11.48 | ||
| P/OCF | 8.28 | ||
| P/B | 3.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.98 |
EPS(TTM)0.65
EY2.04%
EPS(NY)0.99
Fwd EY3.1%
FCF(TTM)2.78
FCFY8.71%
OCF(TTM)3.85
OCFY12.08%
SpS7.08
BVpS9.14
TBVpS-2.13
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 4.11% | ||
| ROCE | 1.55% | ||
| ROIC | 1.22% | ||
| ROICexc | 1.24% | ||
| ROICexgc | 1.47% | ||
| OM | 16.41% | ||
| PM (TTM) | 5.31% | ||
| GM | 64.32% | ||
| FCFM | 39.25% |
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-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.46 | ||
| Debt/FCF | 15.5 | ||
| Debt/EBITDA | 7.78 | ||
| Cap/Depr | 26.3% | ||
| Cap/Sales | 15.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.49% | ||
| Profit Quality | 739.47% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 0.45 |
F-Score5
WACC6.09%
ROIC/WACC0.2
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)-13.33%
EPS 3Y19.45%
EPS 5YN/A
EPS Q2Q%-34.88%
EPS Next Y-10.58%
EPS Next 2Y14.78%
EPS Next 3Y12.6%
EPS Next 5YN/A
Revenue 1Y (TTM)14.65%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%7.1%
Revenue Next Year1.6%
Revenue Next 2Y6.92%
Revenue Next 3Y6.27%
Revenue Next 5YN/A
EBIT growth 1Y62.07%
EBIT growth 3Y-10.02%
EBIT growth 5Y-4.74%
EBIT Next Year322.18%
EBIT Next 3Y70.51%
EBIT Next 5YN/A
FCF growth 1Y-2.6%
FCF growth 3Y-3.41%
FCF growth 5Y14.17%
OCF growth 1Y8.65%
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 4 / 10 to CWEN.
Can you provide the valuation status for CLEARWAY ENERGY INC-C?
ChartMill assigns a valuation rating of 3 / 10 to CLEARWAY ENERGY INC-C (CWEN). This can be considered as Overvalued.
How profitable is CLEARWAY ENERGY INC-C (CWEN) stock?
CLEARWAY ENERGY INC-C (CWEN) has a profitability rating of 5 / 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 49.08 and the Price/Book (PB) ratio is 3.49.
Can you provide the financial health for CWEN stock?
The financial health rating of CLEARWAY ENERGY INC-C (CWEN) is 4 / 10.