CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - TSX:CPX - CA14042M1023 - Common Stock
71.21 CAD
-1.84 (-2.52%)
CPX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 34 industry peers in the Independent Power and Renewable Electricity Producers industry. CPX has a medium profitability rating, but doesn't score so well on its financial health evaluation. CPX does not seem to be growing, but still is valued expensively. Finally CPX also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CPX was profitable.
CPX had a positive operating cash flow in the past year.
CPX had positive earnings in each of the past 5 years.
CPX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CPX has a Return On Assets of 2.70%. This is in the better half of the industry: CPX outperforms 76.47% of its industry peers.
CPX has a better Return On Equity (8.38%) than 79.41% of its industry peers.
CPX's Return On Invested Capital of 2.50% is in line compared to the rest of the industry. CPX outperforms 47.06% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CPX is in line with the industry average of 4.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 8.38% | ||
| ROIC | 2.5% |
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
Looking at the Profit Margin, with a value of 12.35%, CPX belongs to the top of the industry, outperforming 85.29% of the companies in the same industry.
In the last couple of years the Profit Margin of CPX has grown nicely.
CPX has a Operating Margin of 13.10%. This is comparable to the rest of the industry: CPX outperforms 55.88% of its industry peers.
In the last couple of years the Operating Margin of CPX has declined.
The Gross Margin of CPX (50.18%) is worse than 64.71% of its industry peers.
CPX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.1% | ||
| PM (TTM) | 12.35% | ||
| GM | 50.18% |
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.
Compared to 1 year ago, CPX has more shares outstanding
Compared to 5 years ago, CPX has more shares outstanding
Compared to 1 year ago, CPX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.92, we must say that CPX is in the distress zone and has some risk of bankruptcy.
CPX has a Altman-Z score of 0.92. This is amongst the best in the industry. CPX outperforms 94.12% of its industry peers.
CPX has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
With a decent Debt to Equity ratio value of 1.34, CPX is doing good in the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.92 |
ROIC/WACC0.38
WACC6.63%
2.3 Liquidity
CPX has a Current Ratio of 0.93. This is a bad value and indicates that CPX is not financially healthy enough and could expect problems in meeting its short term obligations.
CPX has a better Current ratio (0.93) than 67.65% of its industry peers.
CPX has a Quick Ratio of 0.93. This is a bad value and indicates that CPX is not financially healthy enough and could expect problems in meeting its short term obligations.
CPX has a Quick ratio (0.80) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for CPX have decreased strongly by -37.40% in the last year.
Measured over the past years, CPX shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.29% on average per year.
The Revenue for CPX has decreased by -17.76% in the past year. This is quite bad
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)-37.4%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-280.39%
Revenue 1Y (TTM)-17.76%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%-43.02%
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.
CPX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.20% yearly.
EPS Next Y-66.42%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
EPS Next 5Y9.17%
Revenue Next Year-6.92%
Revenue Next 2Y6.01%
Revenue Next 3Y6.24%
Revenue Next 5Y-1.2%
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.
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
A Price/Earnings ratio of 22.39 indicates a rather expensive valuation of CPX.
Compared to the rest of the industry, the Price/Earnings ratio of CPX indicates a somewhat cheap valuation: CPX is cheaper than 76.47% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.40, CPX is valued at the same level.
Based on the Price/Forward Earnings ratio of 17.93, the valuation of CPX can be described as rather expensive.
76.47% of the companies in the same industry are more expensive than CPX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, CPX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
67.65% of the companies in the same industry are cheaper than CPX, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.62 |
4.3 Compensation for Growth
CPX's earnings are expected to decrease with -8.03% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.72
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.53%, CPX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.79, CPX pays a better dividend. On top of this CPX pays more dividend than 91.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, CPX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.53% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.04%
Div Incr Years11
Div Non Decr Years15
5.3 Sustainability
74.33% of the earnings are spent on dividend by CPX. This is not a sustainable payout ratio.
DP74.33%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
TSX:CPX (10/17/2025, 7:00:00 PM)
71.21
-1.84 (-2.52%)
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 Cap11.07B
Analysts75
Price Target69.02 (-3.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.53% |
Yearly Dividend2.18
Dividend Growth(5Y)-1.04%
DP74.33%
Div Incr Years11
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-92.22%
Min EPS beat(2)-253.19%
Max EPS beat(2)68.75%
EPS beat(4)3
Avg EPS beat(4)-12.25%
Min EPS beat(4)-253.19%
Max EPS beat(4)101.4%
EPS beat(8)6
Avg EPS beat(8)16.35%
EPS beat(12)8
Avg EPS beat(12)30.77%
EPS beat(16)10
Avg EPS beat(16)23.77%
Revenue beat(2)1
Avg Revenue beat(2)-15.91%
Min Revenue beat(2)-45.83%
Max Revenue beat(2)14.01%
Revenue beat(4)2
Avg Revenue beat(4)-5.89%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)15.46%
Revenue beat(8)5
Avg Revenue beat(8)13.32%
Revenue beat(12)9
Avg Revenue beat(12)25.65%
Revenue beat(16)11
Avg Revenue beat(16)20.06%
PT rev (1m)3.57%
PT rev (3m)7.98%
EPS NQ rev (1m)-1.01%
EPS NQ rev (3m)1.59%
EPS NY rev (1m)-12.83%
EPS NY rev (3m)-40.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 17.93 | ||
| P/S | 3.34 | ||
| P/FCF | N/A | ||
| P/OCF | 10.83 | ||
| P/B | 2.27 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 18.62 |
EPS(TTM)3.18
EY4.47%
EPS(NY)3.97
Fwd EY5.58%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)6.57
OCFY9.23%
SpS21.3
BVpS31.38
TBVpS27.2
PEG (NY)N/A
PEG (5Y)0.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.7% | ||
| ROE | 8.38% | ||
| ROCE | 3.2% | ||
| ROIC | 2.5% | ||
| ROICexc | 2.56% | ||
| ROICexgc | 2.69% | ||
| OM | 13.1% | ||
| PM (TTM) | 12.35% | ||
| GM | 50.18% | ||
| FCFM | N/A |
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%
ROICexcg growth 3Y17.86%
ROICexcg 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 Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.82 | ||
| Cap/Depr | 200.95% | ||
| Cap/Sales | 31.85% | ||
| Interest Coverage | 1.63 | ||
| Cash Conversion | 106.57% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 0.92 |
F-Score4
WACC6.63%
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)-37.4%
EPS 3Y37.52%
EPS 5Y31.29%
EPS Q2Q%-280.39%
EPS Next Y-66.42%
EPS Next 2Y-12.2%
EPS Next 3Y-8.03%
EPS Next 5Y9.17%
Revenue 1Y (TTM)-17.76%
Revenue growth 3Y23.8%
Revenue growth 5Y13.98%
Sales Q2Q%-43.02%
Revenue Next Year-6.92%
Revenue Next 2Y6.01%
Revenue Next 3Y6.24%
Revenue Next 5Y-1.2%
EBIT growth 1Y-56.34%
EBIT growth 3Y33.82%
EBIT growth 5Y4.84%
EBIT Next Year53.25%
EBIT Next 3Y21.28%
EBIT Next 5Y15.18%
FCF growth 1Y-121.71%
FCF growth 3Y-34.45%
FCF growth 5Y-4.09%
OCF growth 1Y32.38%
OCF growth 3Y9.52%
OCF growth 5Y9.61%