NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NPI-PR-A - CA6665113081
24.3 CAD
+0.08 (+0.33%)
Taking everything into account, NPI-PR-A scores 5 out of 10 in our fundamental rating. NPI-PR-A was compared to 33 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and the financial health of NPI-PR-A get a neutral evaluation. Nothing too spectacular is happening here. NPI-PR-A has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- NPI-PR-A had positive earnings in the past year.
- In the past year NPI-PR-A had a positive cash flow from operations.
- NPI-PR-A had positive earnings in 4 of the past 5 years.
- In the past 5 years NPI-PR-A always reported a positive cash flow from operatings.
1.2 Ratios
- NPI-PR-A has a Return On Assets of -2.13%. This is comparable to the rest of the industry: NPI-PR-A outperforms 51.52% of its industry peers.
- Looking at the Return On Equity, with a value of -7.29%, NPI-PR-A is in line with its industry, outperforming 54.55% of the companies in the same industry.
- NPI-PR-A has a Return On Invested Capital of 4.02%. This is amongst the best in the industry. NPI-PR-A outperforms 87.88% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for NPI-PR-A is in line with the industry average of 3.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.13% | ||
| ROE | -7.29% | ||
| ROIC | 4.02% |
ROA(3y)2.12%
ROA(5y)2.16%
ROE(3y)6.87%
ROE(5y)9.86%
ROIC(3y)4.68%
ROIC(5y)4.77%
1.3 Margins
- In the last couple of years the Profit Margin of NPI-PR-A has declined.
- NPI-PR-A has a better Operating Margin (31.83%) than 72.73% of its industry peers.
- In the last couple of years the Operating Margin of NPI-PR-A has declined.
- NPI-PR-A's Gross Margin of 94.30% is amongst the best of the industry. NPI-PR-A outperforms 93.94% of its industry peers.
- In the last couple of years the Gross Margin of NPI-PR-A has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.83% | ||
| PM (TTM) | N/A | ||
| GM | 94.3% |
OM growth 3Y-0.41%
OM growth 5Y-4.87%
PM growth 3Y9.7%
PM growth 5Y-9.55%
GM growth 3Y0.7%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NPI-PR-A is destroying value.
- The number of shares outstanding for NPI-PR-A has been increased compared to 1 year ago.
- NPI-PR-A has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, NPI-PR-A has about the same debt to assets ratio.
2.2 Solvency
- NPI-PR-A has an Altman-Z score of 0.56. This is a bad value and indicates that NPI-PR-A is not financially healthy and even has some risk of bankruptcy.
- NPI-PR-A has a better Altman-Z score (0.56) than 90.91% of its industry peers.
- NPI-PR-A has a debt to FCF ratio of 4.96. This is a neutral value as NPI-PR-A would need 4.96 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 4.96, NPI-PR-A belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
- NPI-PR-A has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
- NPI-PR-A's Debt to Equity ratio of 1.56 is fine compared to the rest of the industry. NPI-PR-A outperforms 69.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 4.96 | ||
| Altman-Z | 0.56 |
ROIC/WACC0.7
WACC5.72%
2.3 Liquidity
- A Current Ratio of 1.03 indicates that NPI-PR-A should not have too much problems paying its short term obligations.
- The Current ratio of NPI-PR-A (1.03) is better than 72.73% of its industry peers.
- A Quick Ratio of 1.03 indicates that NPI-PR-A should not have too much problems paying its short term obligations.
- NPI-PR-A has a better Quick ratio (1.03) than 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
- NPI-PR-A shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 255.93%, which is quite impressive.
- Measured over the past years, NPI-PR-A shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.00% on average per year.
- Looking at the last year, NPI-PR-A shows a decrease in Revenue. The Revenue has decreased by -4.55% in the last year.
- The Revenue has been growing slightly by 7.27% on average over the past years.
EPS 1Y (TTM)255.93%
EPS 3Y10.66%
EPS 5Y-14%
EPS Q2Q%161.43%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%13.04%
3.2 Future
- NPI-PR-A is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.95% yearly.
- Based on estimates for the next years, NPI-PR-A will show a small growth in Revenue. The Revenue will grow by 2.26% on average per year.
EPS Next Y-105.59%
EPS Next 2Y14.38%
EPS Next 3Y10.43%
EPS Next 5Y25.95%
Revenue Next Year-0.17%
Revenue Next 2Y2.74%
Revenue Next 3Y3.3%
Revenue Next 5Y2.26%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- NPI-PR-A is valuated quite expensively with a Price/Earnings ratio of 26.41.
- NPI-PR-A's Price/Earnings ratio is a bit cheaper when compared to the industry. NPI-PR-A is cheaper than 72.73% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, NPI-PR-A is valued at the same level.
- NPI-PR-A is valuated rather expensively with a Price/Forward Earnings ratio of 18.03.
- Based on the Price/Forward Earnings ratio, NPI-PR-A is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, NPI-PR-A is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.41 | ||
| Fwd PE | 18.03 |
4.2 Price Multiples
- NPI-PR-A's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NPI-PR-A is cheaper than 75.76% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of NPI-PR-A indicates a rather cheap valuation: NPI-PR-A is cheaper than 93.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.44 | ||
| EV/EBITDA | 8.81 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.38%
EPS Next 3Y10.43%
5. Dividend
5.1 Amount
- NPI-PR-A has a Yearly Dividend Yield of 3.77%.
- Compared to an average industry Dividend Yield of 3.52, NPI-PR-A has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, NPI-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
5.2 History
- The dividend of NPI-PR-A decreases each year by -8.73%.
- NPI-PR-A has been paying a dividend for at least 10 years, so it has a reliable track record.
- NPI-PR-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-8.73%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- NPI-PR-A has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-91.8%
EPS Next 2Y14.38%
EPS Next 3Y10.43%
NORTHLAND POWER INC - NPICN 5.547 PERP / NPI-PR-A.CA FAQ
What is the ChartMill fundamental rating of NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NPI-PR-A.CA.
What is the valuation status for NPI-PR-A stock?
ChartMill assigns a valuation rating of 4 / 10 to NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA). This can be considered as Fairly Valued.
What is the profitability of NPI-PR-A stock?
NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) has a profitability rating of 5 / 10.
What is the financial health of NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) stock?
The financial health rating of NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) is 5 / 10.
Is the dividend of NORTHLAND POWER INC - NPICN 5.547 PERP sustainable?
The dividend rating of NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) is 4 / 10 and the dividend payout ratio is -91.8%.