CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CPX - CA14042M1023 - Common Stock
59.49 CAD
-1.13 (-1.86%)
CPX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Independent Power and Renewable Electricity Producers industry. While CPX is still in line with the averages on profitability rating, there are concerns on its financial health. CPX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CPX was profitable.
In the past year CPX had a positive cash flow from operations.
Each year in the past 5 years CPX has been profitable.
In the past 5 years CPX always reported a positive cash flow from operatings.
1.2 Ratios
CPX has a Return On Assets of 2.50%. This is amongst the best in the industry. CPX outperforms 81.82% of its industry peers.
With an excellent Return On Equity value of 7.64%, CPX belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
CPX has a Return On Invested Capital (2.38%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for CPX is above the industry average of 3.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.5% | ||
| ROE | 7.64% | ||
| ROIC | 2.38% |
ROA(3y)4.16%
ROA(5y)2.78%
ROE(3y)13.61%
ROE(5y)9.04%
ROIC(3y)5.9%
ROIC(5y)5.1%
1.3 Margins
CPX has a Profit Margin of 10.96%. This is amongst the best in the industry. CPX outperforms 87.88% of its industry peers.
In the last couple of years the Profit Margin of CPX has grown nicely.
The Operating Margin of CPX (11.65%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CPX has declined.
The Gross Margin of CPX (47.75%) is worse than 66.67% of its industry peers.
CPX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.65% | ||
| PM (TTM) | 10.96% | ||
| GM | 47.75% |
OM growth 3Y8.09%
OM growth 5Y-8.02%
PM growth 3Y99.71%
PM growth 5Y35.39%
GM growth 3Y-7.47%
GM growth 5Y-7.72%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CPX is destroying value.
CPX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CPX has been increased compared to 5 years ago.
Compared to 1 year ago, CPX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.80, we must say that CPX is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.80, CPX belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
CPX has a debt to FCF ratio of 31.16. This is a negative value and a sign of low solvency as CPX would need 31.16 years to pay back of all of its debts.
CPX has a Debt to FCF ratio (31.16) which is comparable to the rest of the industry.
CPX has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CPX (1.22) is better than 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.8 |
ROIC/WACC0.38
WACC6.25%
2.3 Liquidity
A Current Ratio of 0.74 indicates that CPX may have some problems paying its short term obligations.
With a Current ratio value of 0.74, CPX is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
CPX has a Quick Ratio of 0.74. This is a bad value and indicates that CPX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CPX (0.63) is worse than 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for CPX have decreased strongly by -32.37% in the last year.
CPX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.29% yearly.
Looking at the last year, CPX shows a very negative growth in Revenue. The Revenue has decreased by -10.55% in the last year.
CPX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.98% yearly.
EPS 1Y (TTM)-32.37%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-28.79%
Revenue 1Y (TTM)-10.55%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%17.77%
3.2 Future
Based on estimates for the next years, CPX will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.17% on average per year.
The Revenue is expected to grow by 0.38% on average over the next years.
EPS Next Y-64.64%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
EPS Next 5Y9.17%
Revenue Next Year-0.76%
Revenue Next 2Y4.41%
Revenue Next 3Y3.58%
Revenue Next 5Y0.38%
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 decreasing.
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
A Price/Earnings ratio of 21.25 indicates a rather expensive valuation of CPX.
Based on the Price/Earnings ratio, CPX is valued a bit cheaper than the industry average as 78.79% of the companies are valued more expensively.
CPX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 17.37, CPX is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPX indicates a somewhat cheap valuation: CPX is cheaper than 75.76% of the companies listed in the same industry.
CPX is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.25 | ||
| Fwd PE | 17.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPX is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CPX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.23 | ||
| EV/EBITDA | 16.63 |
4.3 Compensation for Growth
The decent profitability rating of CPX may justify a higher PE ratio.
CPX's earnings are expected to decrease with -9.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.68
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.60%, CPX is a good candidate for dividend investing.
CPX's Dividend Yield is a higher than the industry average which is at 4.88.
Compared to an average S&P500 Dividend Yield of 2.41, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.6% |
5.2 History
The dividend of CPX decreases each year by -1.04%.
CPX has paid a dividend for at least 10 years, which is a reliable track record.
CPX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-1.04%
Div Incr Years11
Div Non Decr Years15
5.3 Sustainability
84.33% of the earnings are spent on dividend by CPX. This is not a sustainable payout ratio.
DP84.33%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
TSX:CPX (11/25/2025, 7:00:00 PM)
59.49
-1.13 (-1.86%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners21.36%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap9.25B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target76.12 (27.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.6% |
Yearly Dividend2.18
Dividend Growth(5Y)-1.04%
DP84.33%
Div Incr Years11
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-130.18%
Min EPS beat(2)-253.19%
Max EPS beat(2)-7.16%
EPS beat(4)2
Avg EPS beat(4)-22.55%
Min EPS beat(4)-253.19%
Max EPS beat(4)101.4%
EPS beat(8)5
Avg EPS beat(8)7.39%
EPS beat(12)7
Avg EPS beat(12)27.64%
EPS beat(16)10
Avg EPS beat(16)25.28%
Revenue beat(2)1
Avg Revenue beat(2)-10.69%
Min Revenue beat(2)-45.83%
Max Revenue beat(2)24.45%
Revenue beat(4)2
Avg Revenue beat(4)-3.64%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)24.45%
Revenue beat(8)5
Avg Revenue beat(8)8.37%
Revenue beat(12)9
Avg Revenue beat(12)25.13%
Revenue beat(16)12
Avg Revenue beat(16)23.25%
PT rev (1m)10.28%
PT rev (3m)14.22%
EPS NQ rev (1m)-24.79%
EPS NQ rev (3m)-25.38%
EPS NY rev (1m)5.31%
EPS NY rev (3m)-8.2%
Revenue NQ rev (1m)-1.62%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)6.62%
Revenue NY rev (3m)5.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.25 | ||
| Fwd PE | 17.37 | ||
| P/S | 2.65 | ||
| P/FCF | 42.23 | ||
| P/OCF | 7.77 | ||
| P/B | 1.84 | ||
| P/tB | 2.11 | ||
| EV/EBITDA | 16.63 |
EPS(TTM)2.8
EY4.71%
EPS(NY)3.43
Fwd EY5.76%
FCF(TTM)1.41
FCFY2.37%
OCF(TTM)7.65
OCFY12.87%
SpS22.48
BVpS32.26
TBVpS28.17
PEG (NY)N/A
PEG (5Y)0.68
Graham Number45.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.5% | ||
| ROE | 7.64% | ||
| ROCE | 3.04% | ||
| ROIC | 2.38% | ||
| ROICexc | 2.41% | ||
| ROICexgc | 2.54% | ||
| OM | 11.65% | ||
| PM (TTM) | 10.96% | ||
| GM | 47.75% | ||
| FCFM | 6.27% |
ROA(3y)4.16%
ROA(5y)2.78%
ROE(3y)13.61%
ROE(5y)9.04%
ROIC(3y)5.9%
ROIC(5y)5.1%
ROICexc(3y)6.62%
ROICexc(5y)5.57%
ROICexgc(3y)7.3%
ROICexgc(5y)6.15%
ROCE(3y)7.55%
ROCE(5y)6.53%
ROICexgc growth 3Y17.86%
ROICexgc growth 5Y-4.56%
ROICexc growth 3Y19.31%
ROICexc growth 5Y-3.64%
OM growth 3Y8.09%
OM growth 5Y-8.02%
PM growth 3Y99.71%
PM growth 5Y35.39%
GM growth 3Y-7.47%
GM growth 5Y-7.72%
F-Score4
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Debt/EBITDA | 6.34 | ||
| Cap/Depr | 174.01% | ||
| Cap/Sales | 27.78% | ||
| Interest Coverage | 1.47 | ||
| Cash Conversion | 123.32% | ||
| Profit Quality | 57.18% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.8 |
F-Score4
WACC6.25%
ROIC/WACC0.38
Cap/Depr(3y)154%
Cap/Depr(5y)128.29%
Cap/Sales(3y)22.84%
Cap/Sales(5y)23.11%
Profit Quality(3y)93.29%
Profit Quality(5y)241.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-32.37%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-28.79%
EPS Next Y-64.64%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
EPS Next 5Y9.17%
Revenue 1Y (TTM)-10.55%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%17.77%
Revenue Next Year-0.76%
Revenue Next 2Y4.41%
Revenue Next 3Y3.58%
Revenue Next 5Y0.38%
EBIT growth 1Y-55.37%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.25%
EBIT Next 3Y21.28%
EBIT Next 5Y14.46%
FCF growth 1Y-2.23%
FCF growth 3Y-34.45%
FCF growth 5Y-4.09%
OCF growth 1Y34.92%
OCF growth 3Y9.52%
OCF growth 5Y9.61%
CAPITAL POWER CORP / CPX.CA FAQ
What is the fundamental rating for CPX stock?
ChartMill assigns a fundamental rating of 4 / 10 to CPX.CA.
Can you provide the valuation status for CAPITAL POWER CORP?
ChartMill assigns a valuation rating of 3 / 10 to CAPITAL POWER CORP (CPX.CA). This can be considered as Overvalued.
How profitable is CAPITAL POWER CORP (CPX.CA) stock?
CAPITAL POWER CORP (CPX.CA) has a profitability rating of 6 / 10.
How financially healthy is CAPITAL POWER CORP?
The financial health rating of CAPITAL POWER CORP (CPX.CA) is 2 / 10.
How sustainable is the dividend of CAPITAL POWER CORP (CPX.CA) stock?
The dividend rating of CAPITAL POWER CORP (CPX.CA) is 6 / 10 and the dividend payout ratio is 84.33%.