CAPITAL POWER CORP (CPX.CA) Fundamental Analysis & Valuation

TSX:CPX • CA14042M1023

Current stock price

68.27 CAD
+0.33 (+0.49%)
Last:

This CPX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. CPX.CA Profitability Analysis

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.
  • Each year in the past 5 years CPX had a positive operating cash flow.
CPX.CA Yearly Net Income VS EBIT VS OCF VS FCFCPX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • The Return On Assets of CPX (0.85%) is better than 84.38% of its industry peers.
  • CPX has a better Return On Equity (2.72%) than 84.38% of its industry peers.
  • With a decent Return On Invested Capital value of 2.42%, CPX is doing good in the industry, outperforming 62.50% of the companies in the same industry.
  • CPX had an Average Return On Invested Capital over the past 3 years of 6.19%. This is above the industry average of 2.54%.
Industry RankSector Rank
ROA 0.85%
ROE 2.72%
ROIC 2.42%
ROA(3y)4.12%
ROA(5y)2.76%
ROE(3y)13.17%
ROE(5y)9.02%
ROIC(3y)6.19%
ROIC(5y)5.16%
CPX.CA Yearly ROA, ROE, ROICCPX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 3.55%, CPX belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CPX has declined.
  • With a Operating Margin value of 10.38%, CPX perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CPX has declined.
  • CPX has a worse Gross Margin (43.52%) than 68.75% of its industry peers.
  • In the last couple of years the Gross Margin of CPX has declined.
Industry RankSector Rank
OM 10.38%
PM (TTM) 3.55%
GM 43.52%
OM growth 3Y-1.39%
OM growth 5Y-14.43%
PM growth 3Y1.63%
PM growth 5Y-3.47%
GM growth 3Y-1.92%
GM growth 5Y-9.03%
CPX.CA Yearly Profit, Operating, Gross MarginsCPX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

2

2. CPX.CA Health Analysis

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.
  • CPX has more shares outstanding than it did 1 year ago.
  • CPX has more shares outstanding than it did 5 years ago.
  • CPX has a worse debt/assets ratio than last year.
CPX.CA Yearly Shares OutstandingCPX.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
CPX.CA Yearly Total Debt VS Total AssetsCPX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • Based on the Altman-Z score of 0.89, we must say that CPX is in the distress zone and has some risk of bankruptcy.
  • CPX has a Altman-Z score of 0.89. This is amongst the best in the industry. CPX outperforms 93.75% of its industry peers.
  • The Debt to FCF ratio of CPX is 70.24, which is on the high side as it means it would take CPX, 70.24 years of fcf income to pay off all of its debts.
  • CPX's Debt to FCF ratio of 70.24 is in line compared to the rest of the industry. CPX outperforms 50.00% of its industry peers.
  • CPX has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
  • With a decent Debt to Equity ratio value of 1.35, CPX is doing good in the industry, outperforming 78.13% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 70.24
Altman-Z 0.89
ROIC/WACC0.35
WACC6.96%
CPX.CA Yearly LT Debt VS Equity VS FCFCPX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.3 Liquidity

  • CPX has a Current Ratio of 0.94. This is a bad value and indicates that CPX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.94, CPX is in line with its industry, outperforming 59.38% of the companies in the same industry.
  • CPX has a Quick Ratio of 0.94. 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 Quick ratio of 0.75 is fine compared to the rest of the industry. CPX outperforms 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.75
CPX.CA Yearly Current Assets VS Current LiabilitesCPX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

4

3. CPX.CA Growth Analysis

3.1 Past

  • CPX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.94%.
  • The Earnings Per Share has been decreasing by -5.28% on average over the past years.
  • CPX shows a decrease in Revenue. In the last year, the revenue decreased by -1.48%.
  • CPX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.94% yearly.
EPS 1Y (TTM)-81.94%
EPS 3Y-36.55%
EPS 5Y-5.28%
EPS Q2Q%-106.86%
Revenue 1Y (TTM)-1.48%
Revenue growth 3Y8.29%
Revenue growth 5Y13.94%
Sales Q2Q%26.38%

3.2 Future

  • Based on estimates for the next years, CPX will show a very strong growth in Earnings Per Share. The EPS will grow by 52.62% on average per year.
  • CPX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.93% yearly.
EPS Next Y201.6%
EPS Next 2Y89.31%
EPS Next 3Y98.15%
EPS Next 5Y52.62%
Revenue Next Year10.42%
Revenue Next 2Y7.64%
Revenue Next 3Y10.05%
Revenue Next 5Y1.93%

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 accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CPX.CA Yearly Revenue VS EstimatesCPX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
CPX.CA Yearly EPS VS EstimatesCPX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

4

4. CPX.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 73.41, CPX can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, CPX is valued a bit cheaper than 71.88% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.78. CPX is valued rather expensively when compared to this.
  • The Price/Forward Earnings ratio is 24.34, which indicates a rather expensive current valuation of CPX.
  • CPX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CPX is cheaper than 78.13% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of CPX to the average of the S&P500 Index (23.54), we can say CPX is valued inline with the index average.
Industry RankSector Rank
PE 73.41
Fwd PE 24.34
CPX.CA Price Earnings VS Forward Price EarningsCPX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CPX is valued a bit more expensive than the industry average as 65.63% of the companies are valued more cheaply.
  • CPX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 108.95
EV/EBITDA 18
CPX.CA Per share dataCPX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • CPX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of CPX may justify a higher PE ratio.
  • A more expensive valuation may be justified as CPX's earnings are expected to grow with 98.15% in the coming years.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y89.31%
EPS Next 3Y98.15%

5

5. CPX.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.22%, CPX is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.39, CPX pays a bit more dividend than its industry peers.
  • CPX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 4.22%

5.2 History

  • The dividend of CPX decreases each year by -0.02%.
  • CPX has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-0.02%
Div Incr Years0
Div Non Decr Years0
CPX.CA Yearly Dividends per shareCPX.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 256.06% of the earnings are spent on dividend by CPX. This is not a sustainable payout ratio.
DP256.06%
EPS Next 2Y89.31%
EPS Next 3Y98.15%
CPX.CA Yearly Income VS Free CF VS DividendCPX.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
CPX.CA Dividend Payout.CPX.CA Dividend Payout, showing the Payout Ratio.CPX.CA Dividend Payout.PayoutRetained Earnings

CPX.CA Fundamentals: All Metrics, Ratios and Statistics

CAPITAL POWER CORP

TSX:CPX (4/10/2026, 7:00:00 PM)

68.27

+0.33 (+0.49%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)03-04
Earnings (Next)04-29
Inst Owners25.22%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap10.68B
Revenue(TTM)3.72B
Net Income(TTM)132.00M
Analysts75
Price Target75.18 (10.12%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.22%
Yearly Dividend2.29
Dividend Growth(5Y)-0.02%
DP256.06%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-31
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-61.74%
Min EPS beat(2)-116.32%
Max EPS beat(2)-7.16%
EPS beat(4)1
Avg EPS beat(4)-76.98%
Min EPS beat(4)-253.19%
Max EPS beat(4)68.75%
EPS beat(8)4
Avg EPS beat(8)-7.61%
EPS beat(12)7
Avg EPS beat(12)18.92%
EPS beat(16)10
Avg EPS beat(16)19.6%
Revenue beat(2)2
Avg Revenue beat(2)14.36%
Min Revenue beat(2)4.26%
Max Revenue beat(2)24.45%
Revenue beat(4)3
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-45.83%
Max Revenue beat(4)24.45%
Revenue beat(8)5
Avg Revenue beat(8)1.18%
Revenue beat(12)9
Avg Revenue beat(12)21.58%
Revenue beat(16)12
Avg Revenue beat(16)22.5%
PT rev (1m)0%
PT rev (3m)0.11%
EPS NQ rev (1m)-16.78%
EPS NQ rev (3m)-20.51%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.64%
Revenue NQ rev (1m)1.08%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)2.37%
Revenue NY rev (3m)2.63%
Valuation
Industry RankSector Rank
PE 73.41
Fwd PE 24.34
P/S 2.87
P/FCF 108.95
P/OCF 11.1
P/B 2.2
P/tB 2.52
EV/EBITDA 18
EPS(TTM)0.93
EY1.36%
EPS(NY)2.8
Fwd EY4.11%
FCF(TTM)0.63
FCFY0.92%
OCF(TTM)6.15
OCFY9.01%
SpS23.79
BVpS31.05
TBVpS27.09
PEG (NY)0.36
PEG (5Y)N/A
Graham Number25.49
Profitability
Industry RankSector Rank
ROA 0.85%
ROE 2.72%
ROCE 2.8%
ROIC 2.42%
ROICexc 2.44%
ROICexgc 2.56%
OM 10.38%
PM (TTM) 3.55%
GM 43.52%
FCFM 2.63%
ROA(3y)4.12%
ROA(5y)2.76%
ROE(3y)13.17%
ROE(5y)9.02%
ROIC(3y)6.19%
ROIC(5y)5.16%
ROICexc(3y)6.95%
ROICexc(5y)5.67%
ROICexgc(3y)7.59%
ROICexgc(5y)6.23%
ROCE(3y)7.14%
ROCE(5y)5.96%
ROICexgc growth 3Y-14.26%
ROICexgc growth 5Y-14.25%
ROICexc growth 3Y-12.31%
ROICexc growth 5Y-13.21%
OM growth 3Y-1.39%
OM growth 5Y-14.43%
PM growth 3Y1.63%
PM growth 5Y-3.47%
GM growth 3Y-1.92%
GM growth 5Y-9.03%
F-Score3
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 1.35
Debt/FCF 70.24
Debt/EBITDA 6.77
Cap/Depr 148.97%
Cap/Sales 23.23%
Interest Coverage 1.12
Cash Conversion 99.59%
Profit Quality 74.24%
Current Ratio 0.94
Quick Ratio 0.75
Altman-Z 0.89
F-Score3
WACC6.96%
ROIC/WACC0.35
Cap/Depr(3y)162.55%
Cap/Depr(5y)145.28%
Cap/Sales(3y)22.82%
Cap/Sales(5y)24.6%
Profit Quality(3y)32.85%
Profit Quality(5y)182.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-81.94%
EPS 3Y-36.55%
EPS 5Y-5.28%
EPS Q2Q%-106.86%
EPS Next Y201.6%
EPS Next 2Y89.31%
EPS Next 3Y98.15%
EPS Next 5Y52.62%
Revenue 1Y (TTM)-1.48%
Revenue growth 3Y8.29%
Revenue growth 5Y13.94%
Sales Q2Q%26.38%
Revenue Next Year10.42%
Revenue Next 2Y7.64%
Revenue Next 3Y10.05%
Revenue Next 5Y1.93%
EBIT growth 1Y-53.04%
EBIT growth 3Y6.78%
EBIT growth 5Y-2.5%
EBIT Next Year179.88%
EBIT Next 3Y46.14%
EBIT Next 5Y28.64%
FCF growth 1Y42.03%
FCF growth 3Y-27.1%
FCF growth 5Y-20.31%
OCF growth 1Y-15.54%
OCF growth 3Y0.95%
OCF growth 5Y9.5%

CAPITAL POWER CORP / CPX.CA Fundamental Analysis FAQ

What is the fundamental rating for CPX stock?

ChartMill assigns a fundamental rating of 4 / 10 to CPX.CA.


What is the valuation status for CPX stock?

ChartMill assigns a valuation rating of 4 / 10 to CAPITAL POWER CORP (CPX.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for CAPITAL POWER CORP?

CAPITAL POWER CORP (CPX.CA) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for CPX stock?

The Price/Earnings (PE) ratio for CAPITAL POWER CORP (CPX.CA) is 73.41 and the Price/Book (PB) ratio is 2.2.


Can you provide the dividend sustainability for CPX stock?

The dividend rating of CAPITAL POWER CORP (CPX.CA) is 5 / 10 and the dividend payout ratio is 256.06%.