CLEARWAY ENERGY INC-C (CWEN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CWEN - US18539C2044 - Common Stock
35.65 USD
-0.09 (-0.25%)
36.03 USD
+0.38 (+1.07%)
Taking everything into account, CWEN scores 5 out of 10 in our fundamental rating. CWEN was compared to 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 has a decent growth rate and is not valued too expensively. 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.
Each year in the past 5 years CWEN has been profitable.
Each year in the past 5 years CWEN had a positive operating cash flow.
1.2 Ratios
CWEN has a better Return On Assets (1.72%) than 65.00% of its industry peers.
The Return On Equity of CWEN (13.47%) is better than 80.00% of its industry peers.
CWEN has a Return On Invested Capital (0.88%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CWEN is below the industry average of 4.55%.
| 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.
With a decent Operating Margin value of 12.51%, CWEN is doing good in the industry, outperforming 65.00% of the companies in the same industry.
CWEN's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 63.35%, CWEN is in the better half of 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
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.
Compared to 5 years ago, CWEN has more shares outstanding
CWEN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.49, we must say that CWEN is in the distress zone and has some risk of bankruptcy.
CWEN has a Altman-Z score (0.49) which is in line with its industry peers.
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 80.00% 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.
Looking at the Debt to Equity ratio, with a value of 3.95, CWEN is doing worse than 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.95 | ||
| Debt/FCF | 19.15 | ||
| Altman-Z | 0.49 |
ROIC/WACC0.15
WACC5.96%
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's Current ratio of 1.54 is fine compared to the rest of the industry. CWEN outperforms 80.00% of its industry peers.
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%.
CWEN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.85% yearly.
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
CWEN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.53% yearly.
The Revenue is expected to grow by 6.32% on average over the next years.
EPS Next Y-34.91%
EPS Next 2Y7.97%
EPS Next 3Y16.53%
EPS Next 5YN/A
Revenue Next Year0.14%
Revenue Next 2Y6.47%
Revenue Next 3Y6.32%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
A Price/Earnings ratio of 15.24 indicates a correct valuation of CWEN.
85.00% of the companies in the same industry are more expensive than CWEN, based on the Price/Earnings ratio.
CWEN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.45.
With a Price/Forward Earnings ratio of 40.77, CWEN can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CWEN is valued a bit cheaper than 65.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, CWEN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.24 | ||
| Fwd PE | 40.77 |
4.2 Price Multiples
CWEN's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, CWEN is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.38 | ||
| EV/EBITDA | 15.22 |
4.3 Compensation for Growth
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 16.53% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.97%
EPS Next 3Y16.53%
5. Dividend
5.1 Amount
CWEN has a Yearly Dividend Yield of 5.27%, which is a nice return.
Compared to an average industry Dividend Yield of 3.66, CWEN pays a better dividend. On top of this CWEN pays more dividend than 90.00% 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 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
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
CWEN pays out 127.17% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CWEN is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP127.17%
EPS Next 2Y7.97%
EPS Next 3Y16.53%
35.65
-0.09 (-0.25%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners76.54%
Inst Owner Change6.58%
Ins Owners0.03%
Ins Owner Change-2.3%
Market Cap7.26B
Revenue(TTM)1.38B
Net Income(TTM)276.00M
Analysts81.18
Price Target41.04 (15.12%)
Short Float %11.82%
Short Ratio3.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.27% |
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)1.1%
PT rev (3m)1.98%
EPS NQ rev (1m)-41.79%
EPS NQ rev (3m)13.64%
EPS NY rev (1m)-27.21%
EPS NY rev (3m)-54.76%
Revenue NQ rev (1m)-1.32%
Revenue NQ rev (3m)1.55%
Revenue NY rev (1m)-1.44%
Revenue NY rev (3m)-3.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.24 | ||
| Fwd PE | 40.77 | ||
| P/S | 5.24 | ||
| P/FCF | 16.38 | ||
| P/OCF | 10.25 | ||
| P/B | 3.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.22 |
EPS(TTM)2.34
EY6.56%
EPS(NY)0.87
Fwd EY2.45%
FCF(TTM)2.18
FCFY6.1%
OCF(TTM)3.48
OCFY9.75%
SpS6.8
BVpS10.13
TBVpS-1.78
PEG (NY)N/A
PEG (5Y)N/A
Graham Number23.1
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 | 0.49 |
F-Score4
WACC5.96%
ROIC/WACC0.15
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 Y-34.91%
EPS Next 2Y7.97%
EPS Next 3Y16.53%
EPS Next 5YN/A
Revenue 1Y (TTM)0.81%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%-11.73%
Revenue Next Year0.14%
Revenue Next 2Y6.47%
Revenue Next 3Y6.32%
Revenue Next 5YN/A
EBIT growth 1Y-24.56%
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-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 15.24 and the Price/Book (PB) ratio is 3.52.
Can you provide the financial health for CWEN stock?
The financial health rating of CLEARWAY ENERGY INC-C (CWEN) is 4 / 10.