NORTHLAND POWER INC - NPICN 3.2 PERP (NPI-PR-A.CA) Stock Fundamental Analysis
TSX:NPI-PR-A - Toronto Stock Exchange - CA6665113081 - Currency: CAD
Overall NPI-PR-A gets a fundamental rating of 4 out of 10. We evaluated NPI-PR-A against 39 industry peers in the Independent Power and Renewable Electricity Producers industry. NPI-PR-A has only an average score on both its financial health and profitability. 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.
In multiple years NPI-PR-A reported negative net income over the last 5 years.
Of the past 5 years NPI-PR-A 4 years had a positive operating cash flow.
1.2 Ratios
NPI-PR-A has a Return On Assets (-1.08%) which is comparable to the rest of the industry.
NPI-PR-A has a Return On Equity of -3.61%. This is in the better half of the industry: NPI-PR-A outperforms 61.54% of its industry peers.
The Return On Invested Capital of NPI-PR-A (5.14%) is better than 69.23% 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 4.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.08% | ||
| ROE | -3.61% | ||
| ROIC | 5.14% |
ROA(3y)1.93%
ROA(5y)2.36%
ROE(3y)6.92%
ROE(5y)14.4%
ROIC(3y)5.32%
ROIC(5y)5.72%
1.3 Margins
NPI-PR-A has a Operating Margin of 35.39%. This is amongst the best in the industry. NPI-PR-A outperforms 92.31% of its industry peers.
NPI-PR-A's Operating Margin has declined in the last couple of years.
NPI-PR-A has a better Gross Margin (91.30%) than 84.62% of its industry peers.
NPI-PR-A's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.39% | ||
| PM (TTM) | N/A | ||
| GM | 91.3% |
OM growth 3Y-7.11%
OM growth 5Y-6.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.12%
GM growth 5Y-0.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NPI-PR-A is still creating some value.
NPI-PR-A has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
NPI-PR-A has an Altman-Z score of 0.58. This is a bad value and indicates that NPI-PR-A is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.58, NPI-PR-A is doing good in the industry, outperforming 61.54% of the companies in the same industry.
NPI-PR-A has a debt to FCF ratio of 52.94. This is a negative value and a sign of low solvency as NPI-PR-A would need 52.94 years to pay back of all of its debts.
NPI-PR-A has a better Debt to FCF ratio (52.94) than 80.77% of its industry peers.
NPI-PR-A has a Debt/Equity ratio of 1.62. This is a high value indicating a heavy dependency on external financing.
NPI-PR-A has a better Debt to Equity ratio (1.62) than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | 52.94 | ||
| Altman-Z | 0.58 |
ROIC/WACC0.99
WACC5.18%
2.3 Liquidity
A Current Ratio of 1.17 indicates that NPI-PR-A should not have too much problems paying its short term obligations.
The Current ratio of NPI-PR-A (1.17) is better than 80.77% of its industry peers.
NPI-PR-A has a Quick Ratio of 1.17. This is a normal value and indicates that NPI-PR-A is financially healthy and should not expect problems in meeting its short term obligations.
NPI-PR-A has a Quick ratio of 1.17. This is amongst the best in the industry. NPI-PR-A outperforms 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The earnings per share for NPI-PR-A have decreased strongly by -138.31% in the last year.
The Revenue has been growing slightly by 6.80% in the past year.
NPI-PR-A shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.50% yearly.
EPS 1Y (TTM)-138.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-600%
Revenue 1Y (TTM)6.8%
Revenue growth 3Y2.71%
Revenue growth 5Y7.5%
Sales Q2Q%-4.44%
3.2 Future
Based on estimates for the next years, NPI-PR-A will show a very strong growth in Earnings Per Share. The EPS will grow by 29.40% on average per year.
Based on estimates for the next years, NPI-PR-A will show a small growth in Revenue. The Revenue will grow by 4.46% on average per year.
EPS Next Y239.41%
EPS Next 2Y95.71%
EPS Next 3Y68.55%
EPS Next 5Y29.4%
Revenue Next Year7.47%
Revenue Next 2Y3.52%
Revenue Next 3Y6.68%
Revenue Next 5Y4.46%
3.3 Evolution
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
NPI-PR-A reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 14.57, the valuation of NPI-PR-A can be described as correct.
NPI-PR-A's Price/Forward Earnings ratio is rather cheap when compared to the industry. NPI-PR-A is cheaper than 84.62% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. NPI-PR-A is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NPI-PR-A is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, NPI-PR-A is valued cheaply inside the industry as 80.77% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.03 | ||
| EV/EBITDA | 7.68 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NPI-PR-A's earnings are expected to grow with 68.55% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y95.71%
EPS Next 3Y68.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.79%, NPI-PR-A is a good candidate for dividend investing.
NPI-PR-A's Dividend Yield is rather good when compared to the industry average which is at 4.45. NPI-PR-A pays more dividend than 84.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, NPI-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
5.2 History
The dividend of NPI-PR-A decreases each year by -3.26%.
NPI-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
NPI-PR-A has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-3.26%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
The earnings of NPI-PR-A are negative and hence is the payout ratio. NPI-PR-A will probably not be able to sustain this dividend level.
DP-141.05%
EPS Next 2Y95.71%
EPS Next 3Y68.55%
NORTHLAND POWER INC - NPICN 3.2 PERP
TSX:NPI-PR-A (2/20/2025, 7:00:00 PM)
18.94
+0.04 (+0.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners45.22%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap4.92B
Analysts77.5
Price Target31.51 (66.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.79% |
Yearly Dividend0.84
Dividend Growth(5Y)-3.26%
DP-141.05%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-93.92%
Min EPS beat(2)-654.46%
Max EPS beat(2)466.62%
EPS beat(4)1
Avg EPS beat(4)-151.13%
Min EPS beat(4)-654.46%
Max EPS beat(4)466.62%
EPS beat(8)3
Avg EPS beat(8)-72.8%
EPS beat(12)7
Avg EPS beat(12)31.26%
EPS beat(16)7
Avg EPS beat(16)-0.47%
Revenue beat(2)0
Avg Revenue beat(2)-2.76%
Min Revenue beat(2)-5.26%
Max Revenue beat(2)-0.25%
Revenue beat(4)2
Avg Revenue beat(4)0.39%
Min Revenue beat(4)-5.26%
Max Revenue beat(4)6.11%
Revenue beat(8)5
Avg Revenue beat(8)1.09%
Revenue beat(12)9
Avg Revenue beat(12)7.02%
Revenue beat(16)10
Avg Revenue beat(16)4.76%
PT rev (1m)5.29%
PT rev (3m)18.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.28%
EPS NY rev (1m)-40.41%
EPS NY rev (3m)-40.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.57 | ||
| P/S | 2.05 | ||
| P/FCF | 35.03 | ||
| P/OCF | 6.11 | ||
| P/B | 1.2 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 7.68 |
EPS(TTM)-0.59
EYN/A
EPS(NY)1.3
Fwd EY6.86%
FCF(TTM)0.54
FCFY2.85%
OCF(TTM)3.1
OCFY16.35%
SpS9.23
BVpS15.79
TBVpS11.85
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.08% | ||
| ROE | -3.61% | ||
| ROCE | 6.79% | ||
| ROIC | 5.14% | ||
| ROICexc | 5.4% | ||
| ROICexgc | 5.91% | ||
| OM | 35.39% | ||
| PM (TTM) | N/A | ||
| GM | 91.3% | ||
| FCFM | 5.86% |
ROA(3y)1.93%
ROA(5y)2.36%
ROE(3y)6.92%
ROE(5y)14.4%
ROIC(3y)5.32%
ROIC(5y)5.72%
ROICexc(3y)5.8%
ROICexc(5y)6.1%
ROICexgc(3y)6.5%
ROICexgc(5y)6.83%
ROCE(3y)7.02%
ROCE(5y)7.55%
ROICexcg growth 3Y-10.91%
ROICexcg growth 5Y-3.6%
ROICexc growth 3Y-9.81%
ROICexc growth 5Y-3.77%
OM growth 3Y-7.11%
OM growth 5Y-6.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.12%
GM growth 5Y-0.47%
F-Score5
Asset Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | 52.94 | ||
| Debt/EBITDA | 4.34 | ||
| Cap/Depr | 97.55% | ||
| Cap/Sales | 27.69% | ||
| Interest Coverage | 2.36 | ||
| Cash Conversion | 52.59% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.17 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 0.58 |
F-Score5
WACC5.18%
ROIC/WACC0.99
Cap/Depr(3y)73.1%
Cap/Depr(5y)84.82%
Cap/Sales(3y)20.69%
Cap/Sales(5y)23.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-138.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-600%
EPS Next Y239.41%
EPS Next 2Y95.71%
EPS Next 3Y68.55%
EPS Next 5Y29.4%
Revenue 1Y (TTM)6.8%
Revenue growth 3Y2.71%
Revenue growth 5Y7.5%
Sales Q2Q%-4.44%
Revenue Next Year7.47%
Revenue Next 2Y3.52%
Revenue Next 3Y6.68%
Revenue Next 5Y4.46%
EBIT growth 1Y8.87%
EBIT growth 3Y-4.6%
EBIT growth 5Y0.85%
EBIT Next Year61.87%
EBIT Next 3Y18.86%
EBIT Next 5Y16.58%
FCF growth 1Y-89.41%
FCF growth 3Y-32.08%
FCF growth 5Y-14.18%
OCF growth 1Y-56.28%
OCF growth 3Y-15.93%
OCF growth 5Y-7.09%