CAPITAL POWER CORP (CPX.CA) Stock Fundamental Analysis
Canada - TSX:CPX - CA14042M1023 - Common Stock
71.21 CAD
-1.84 (-2.52%)
Taking everything into account, CPX scores 3 out of 10 in our fundamental rating. CPX was compared to 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.
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.
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
Looking at the Return On Assets, with a value of 2.70%, CPX is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
CPX's Return On Equity of 8.38% is fine compared to the rest of the industry. CPX outperforms 79.41% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.50%, CPX is in line with its industry, outperforming 47.06% of the companies in the same industry.
CPX had an Average Return On Invested Capital over the past 3 years of 5.90%. This 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
CPX has a better Profit Margin (12.35%) than 85.29% of its industry peers.
CPX's Profit Margin has improved in the last couple of years.
The Operating Margin of CPX (13.10%) is comparable to the rest of the industry.
CPX's Operating Margin has declined in the last couple of years.
CPX's Gross Margin of 50.18% is on the low side compared to the rest of the industry. CPX is outperformed by 64.71% of its industry peers.
In the last couple of years the Gross Margin of CPX has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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
CPX has an Altman-Z score of 0.94. This is a bad value and indicates that CPX is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.94, CPX belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
CPX has a Debt/Equity ratio of 1.34. This is a high value indicating a heavy dependency on external financing.
CPX has a better Debt to Equity ratio (1.34) than 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.94 |
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's Current ratio of 0.93 is fine compared to the rest of the industry. CPX outperforms 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.
The Quick ratio of CPX (0.80) 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.
The Earnings Per Share has been growing by 31.29% on average over the past years. This is a very strong growth
CPX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.76%.
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
CPX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.17% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
CPX is valuated rather expensively with a Price/Earnings ratio of 22.39.
Based on the Price/Earnings ratio, CPX is valued a bit cheaper than 76.47% of the companies in the same industry.
CPX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.40.
A Price/Forward Earnings ratio of 17.93 indicates a rather expensive 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 76.47% of the companies listed in the same industry.
CPX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPX is valued a bit more expensive than the industry average as 67.65% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.92 |
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.
CPX's Dividend Yield is comparable with the industry average which is at 4.79.
CPX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.53% |
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 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
CPX pays out 74.33% of its income as dividend. 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)0%
EPS NQ rev (3m)2.63%
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 | 18.92 |
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 | 0.94 |
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%