NORTHLAND POWER INC - NPICN 5.547 PERP (NPI-PR-A.CA) Stock Fundamental Analysis
Canada - TSX:NPI-PR-A - CA6665113081
23.36 CAD
-0.5 (-2.1%)
Overall NPI-PR-A gets a fundamental rating of 4 out of 10. We evaluated NPI-PR-A against 34 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 valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year NPI-PR-A has reported negative net income.
NPI-PR-A had a positive operating cash flow in the past year.
Of the past 5 years NPI-PR-A 4 years were profitable.
NPI-PR-A had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NPI-PR-A (-0.38%) is comparable to the rest of the industry.
With a decent Return On Equity value of -1.20%, NPI-PR-A is doing good in the industry, outperforming 67.65% of the companies in the same industry.
The Return On Invested Capital of NPI-PR-A (3.71%) is better than 88.24% of its industry peers.
NPI-PR-A had an Average Return On Invested Capital over the past 3 years of 4.68%. This is in line with the industry average of 4.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -1.2% | ||
| ROIC | 3.71% |
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's Operating Margin of 31.22% is fine compared to the rest of the industry. NPI-PR-A outperforms 73.53% 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 97.12% is amongst the best of the industry. NPI-PR-A outperforms 97.06% 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 | 31.22% | ||
| PM (TTM) | N/A | ||
| GM | 97.12% |
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
NPI-PR-A has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
NPI-PR-A has more shares outstanding than it did 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 0.57. This is a bad value and indicates that NPI-PR-A is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.57, NPI-PR-A belongs to the top of the industry, outperforming 85.29% of the companies in the same industry.
NPI-PR-A has a debt to FCF ratio of 5.48. This is a neutral value as NPI-PR-A would need 5.48 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.48, NPI-PR-A belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
A Debt/Equity ratio of 1.40 is on the high side and indicates that NPI-PR-A has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.40, NPI-PR-A is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.67
WACC5.53%
2.3 Liquidity
NPI-PR-A has a Current Ratio of 0.91. This is a bad value and indicates that NPI-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
NPI-PR-A's Current ratio of 0.91 is fine compared to the rest of the industry. NPI-PR-A outperforms 61.76% of its industry peers.
A Quick Ratio of 0.91 indicates that NPI-PR-A may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.91, NPI-PR-A is doing good in the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
NPI-PR-A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -184.00%.
Measured over the past years, NPI-PR-A shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.41% on average per year.
The Revenue has decreased by -8.19% in the past year.
The Revenue has been growing slightly by 7.27% on average over the past years.
EPS 1Y (TTM)-184%
EPS 3Y25.16%
EPS 5Y-7.41%
EPS Q2Q%-126.32%
Revenue 1Y (TTM)-8.19%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%-3.75%
3.2 Future
NPI-PR-A is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.42% yearly.
Based on estimates for the next years, NPI-PR-A will show a small growth in Revenue. The Revenue will grow by 3.46% on average per year.
EPS Next Y-12.78%
EPS Next 2Y10.64%
EPS Next 3Y1.16%
EPS Next 5Y17.42%
Revenue Next Year-0.37%
Revenue Next 2Y3.82%
Revenue Next 3Y3.76%
Revenue Next 5Y3.46%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NPI-PR-A. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 12.81, NPI-PR-A is valued correctly.
Based on the Price/Forward Earnings ratio, NPI-PR-A is valued cheaper than 85.29% of the companies in the same industry.
NPI-PR-A's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NPI-PR-A is valued cheaper than 88.24% of the companies in the same industry.
94.12% of the companies in the same industry are more expensive than NPI-PR-A, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.76 | ||
| EV/EBITDA | 8.97 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.64%
EPS Next 3Y1.16%
5. Dividend
5.1 Amount
NPI-PR-A has a Yearly Dividend Yield of 4.80%, which is a nice return.
Compared to an average industry Dividend Yield of 4.79, NPI-PR-A has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, NPI-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
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-453.95%
EPS Next 2Y10.64%
EPS Next 3Y1.16%
NORTHLAND POWER INC - NPICN 5.547 PERP
TSX:NPI-PR-A (10/17/2025, 7:00:00 PM)
23.36
-0.5 (-2.1%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners46.71%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap6.11B
Analysts78.75
Price Target28.69 (22.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
Yearly Dividend0.8
Dividend Growth(5Y)-8.73%
DP-453.95%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-172.49%
Min EPS beat(2)-290.4%
Max EPS beat(2)-54.58%
EPS beat(4)1
Avg EPS beat(4)-219.34%
Min EPS beat(4)-555.97%
Max EPS beat(4)23.6%
EPS beat(8)3
Avg EPS beat(8)-102.6%
EPS beat(12)5
Avg EPS beat(12)-62.64%
EPS beat(16)8
Avg EPS beat(16)0.85%
Revenue beat(2)0
Avg Revenue beat(2)-2.95%
Min Revenue beat(2)-3.22%
Max Revenue beat(2)-2.69%
Revenue beat(4)0
Avg Revenue beat(4)-2.98%
Min Revenue beat(4)-5.26%
Max Revenue beat(4)-0.75%
Revenue beat(8)3
Avg Revenue beat(8)-0.21%
Revenue beat(12)6
Avg Revenue beat(12)0.92%
Revenue beat(16)9
Avg Revenue beat(16)4.64%
PT rev (1m)-0.81%
PT rev (3m)3.65%
EPS NQ rev (1m)78.95%
EPS NQ rev (3m)9.29%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.31%
Revenue NQ rev (1m)2.09%
Revenue NQ rev (3m)-4.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.81 | ||
| P/S | 2.75 | ||
| P/FCF | 4.76 | ||
| P/OCF | 4.27 | ||
| P/B | 1.42 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 8.97 |
EPS(TTM)-0.21
EYN/A
EPS(NY)1.82
Fwd EY7.81%
FCF(TTM)4.91
FCFY21.03%
OCF(TTM)5.47
OCFY23.4%
SpS8.51
BVpS16.47
TBVpS12.54
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -1.2% | ||
| ROCE | 5.63% | ||
| ROIC | 3.71% | ||
| ROICexc | 3.94% | ||
| ROICexgc | 4.33% | ||
| OM | 31.22% | ||
| PM (TTM) | N/A | ||
| GM | 97.12% | ||
| FCFM | 57.72% |
ROA(3y)2.12%
ROA(5y)2.16%
ROE(3y)6.87%
ROE(5y)9.86%
ROIC(3y)4.68%
ROIC(5y)4.77%
ROICexc(3y)5.08%
ROICexc(5y)5.11%
ROICexgc(3y)5.64%
ROICexgc(5y)5.73%
ROCE(3y)7.11%
ROCE(5y)7.24%
ROICexcg growth 3Y-0.15%
ROICexcg growth 5Y-3.44%
ROICexc growth 3Y0.94%
ROICexc growth 5Y-3.53%
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%
F-Score4
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 5.48 | ||
| Debt/EBITDA | 4.37 | ||
| Cap/Depr | 21.07% | ||
| Cap/Sales | 6.52% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 103.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 0.57 |
F-Score4
WACC5.53%
ROIC/WACC0.67
Cap/Depr(3y)75.8%
Cap/Depr(5y)68.16%
Cap/Sales(3y)21.02%
Cap/Sales(5y)19.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-184%
EPS 3Y25.16%
EPS 5Y-7.41%
EPS Q2Q%-126.32%
EPS Next Y-12.78%
EPS Next 2Y10.64%
EPS Next 3Y1.16%
EPS Next 5Y17.42%
Revenue 1Y (TTM)-8.19%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%-3.75%
Revenue Next Year-0.37%
Revenue Next 2Y3.82%
Revenue Next 3Y3.76%
Revenue Next 5Y3.46%
EBIT growth 1Y-22.61%
EBIT growth 3Y3.6%
EBIT growth 5Y2.05%
EBIT Next Year54.94%
EBIT Next 3Y26.93%
EBIT Next 5Y16.67%
FCF growth 1Y20.18%
FCF growth 3Y-25.21%
FCF growth 5Y0.79%
OCF growth 1Y-9.26%
OCF growth 3Y-13.85%
OCF growth 5Y-3.42%