CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - TSX:CPX - CA14042M1023 - Common Stock
62 CAD
-0.26 (-0.42%)
Taking everything into account, CPX scores 4 out of 10 in our fundamental rating. CPX was compared to 33 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 is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CPX had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 2.50%, CPX is in the better half of the industry, outperforming 78.79% of the companies in the same industry.
With an excellent Return On Equity value of 7.64%, CPX belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
The Return On Invested Capital of CPX (2.38%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for CPX is above the industry average of 3.82%.
| 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 better Profit Margin (10.96%) than 87.88% of its industry peers.
In the last couple of years the Profit Margin of CPX has grown nicely.
CPX has a Operating Margin (11.65%) which is comparable to the rest of the industry.
CPX's Operating Margin has declined in the last couple of years.
CPX has a Gross Margin of 47.75%. This is in the lower half of the industry: CPX underperforms 63.64% of its industry peers.
In the last couple of years the Gross Margin of CPX has declined.
| 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
CPX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CPX has been increased compared to 1 year ago.
Compared to 5 years ago, CPX has more shares outstanding
CPX has a better debt/assets ratio than last year.
2.2 Solvency
CPX has an Altman-Z score of 0.82. This is a bad value and indicates that CPX is not financially healthy and even has some risk of bankruptcy.
CPX's Altman-Z score of 0.82 is amongst the best of the industry. CPX outperforms 93.94% of its industry peers.
The Debt to FCF ratio of CPX is 31.16, which is on the high side as it means it would take CPX, 31.16 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 31.16, CPX is in line with its industry, outperforming 51.52% of the companies in the same industry.
A Debt/Equity ratio of 1.22 is on the high side and indicates that CPX has dependencies on debt financing.
CPX's Debt to Equity ratio of 1.22 is fine compared to the rest of the industry. CPX outperforms 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 31.16 | ||
| Altman-Z | 0.82 |
ROIC/WACC0.37
WACC6.35%
2.3 Liquidity
CPX has a Current 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.
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.
CPX has a Quick ratio of 0.63. This is in the lower half of the industry: CPX underperforms 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.37%.
The Earnings Per Share has been growing by 31.29% on average over the past years. This is a very strong growth
The Revenue for CPX has decreased by -10.55% 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)-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
The Earnings Per Share is expected to grow by 9.17% on average over the next years. This is quite good.
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
The EPS growth rate is decreasing: in the next years the growth will be less 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
A Price/Earnings ratio of 22.14 indicates a rather expensive valuation of CPX.
Based on the Price/Earnings ratio, CPX is valued a bit cheaper than 75.76% of the companies in the same industry.
CPX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 18.10, which indicates a rather expensive current valuation of CPX.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.42, CPX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.14 | ||
| Fwd PE | 18.1 |
4.2 Price Multiples
63.64% of the companies in the same industry are cheaper than CPX, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CPX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.01 | ||
| EV/EBITDA | 16.85 |
4.3 Compensation for Growth
CPX has a very decent profitability rating, which 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)0.71
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
5. Dividend
5.1 Amount
CPX has a Yearly Dividend Yield of 4.39%, which is a nice return.
CPX's Dividend Yield is comparable with the industry average which is at 6.01.
CPX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
5.2 History
The dividend of CPX decreases each year by -1.04%.
CPX has been paying a dividend for at least 10 years, so it has 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
CPX pays out 84.33% of its income as dividend. This is not a sustainable payout ratio.
DP84.33%
EPS Next 2Y-18.44%
EPS Next 3Y-9.88%
TSX:CPX (11/19/2025, 7:00:00 PM)
62
-0.26 (-0.42%)
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 Cap9.64B
Revenue(TTM)3.50B
Net Income(TTM)383.00M
Analysts73.75
Price Target73.23 (18.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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)6.1%
PT rev (3m)10.03%
EPS NQ rev (1m)-5.64%
EPS NQ rev (3m)-6.38%
EPS NY rev (1m)5.31%
EPS NY rev (3m)-37.84%
Revenue NQ rev (1m)-1.62%
Revenue NQ rev (3m)-1.62%
Revenue NY rev (1m)6.62%
Revenue NY rev (3m)4.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.14 | ||
| Fwd PE | 18.1 | ||
| P/S | 2.76 | ||
| P/FCF | 44.01 | ||
| P/OCF | 8.1 | ||
| P/B | 1.92 | ||
| P/tB | 2.2 | ||
| EV/EBITDA | 16.85 |
EPS(TTM)2.8
EY4.52%
EPS(NY)3.43
Fwd EY5.52%
FCF(TTM)1.41
FCFY2.27%
OCF(TTM)7.65
OCFY12.35%
SpS22.48
BVpS32.26
TBVpS28.17
PEG (NY)N/A
PEG (5Y)0.71
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 | 0.82 |
F-Score4
WACC6.35%
ROIC/WACC0.37
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%.