CLEARWAY ENERGY INC-C (CWEN) Stock Fundamental Analysis
USA - NYSE:CWEN - US18539C2044 - Common Stock
31.74 USD
-0.1 (-0.31%)
31.74 USD
0 (0%)
Overall CWEN gets a fundamental rating of 4 out of 10. We evaluated CWEN against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. CWEN has an average financial health and profitability rating. CWEN is quite expensive at the moment. It does show a decent growth rate. Finally CWEN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CWEN had positive earnings in the past year.
In the past year CWEN had a positive cash flow from operations.
CWEN had positive earnings in each of the past 5 years.
In the past 5 years CWEN always reported a positive cash flow from operatings.
1.2 Ratios
CWEN has a Return On Assets (0.47%) which is comparable to the rest of the industry.
CWEN's Return On Equity of 4.11% is in line compared to the rest of the industry. CWEN outperforms 55.00% of its industry peers.
CWEN has a worse Return On Invested Capital (1.22%) than 60.00% of its industry peers.
CWEN had an Average Return On Invested Capital over the past 3 years of 1.38%. This is below the industry average of 4.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 4.11% | ||
| ROIC | 1.22% |
ROA(3y)1.96%
ROA(5y)1.3%
ROE(3y)11.36%
ROE(5y)7.65%
ROIC(3y)1.38%
ROIC(5y)1.8%
1.3 Margins
CWEN has a Profit Margin (5.31%) which is comparable to the rest of the industry.
CWEN's Profit Margin has improved in the last couple of years.
CWEN's Operating Margin of 16.41% is fine compared to the rest of the industry. CWEN outperforms 65.00% of its industry peers.
CWEN's Operating Margin has declined in the last couple of years.
The Gross Margin of CWEN (64.32%) is better than 75.00% of its industry peers.
CWEN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.41% | ||
| PM (TTM) | 5.31% | ||
| GM | 64.32% |
OM growth 3Y-11.92%
OM growth 5Y-10%
PM growth 3Y17.41%
PM growth 5YN/A
GM growth 3Y-0.76%
GM growth 5Y-1.04%
2. Health
2.1 Basic Checks
CWEN 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 CWEN remains at a similar level compared to 1 year ago.
The number of shares outstanding for CWEN has been increased compared to 5 years ago.
The debt/assets ratio for CWEN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.45, we must say that CWEN is in the distress zone and has some risk of bankruptcy.
CWEN has a Altman-Z score of 0.45. This is comparable to the rest of the industry: CWEN outperforms 50.00% of its industry peers.
CWEN has a debt to FCF ratio of 15.50. This is a negative value and a sign of low solvency as CWEN would need 15.50 years to pay back of all of its debts.
CWEN's Debt to FCF ratio of 15.50 is fine compared to the rest of the industry. CWEN outperforms 80.00% of its industry peers.
A Debt/Equity ratio of 4.46 is on the high side and indicates that CWEN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.46, CWEN is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.46 | ||
| Debt/FCF | 15.5 | ||
| Altman-Z | 0.45 |
ROIC/WACC0.21
WACC5.82%
2.3 Liquidity
CWEN has a Current Ratio of 1.42. This is a normal value and indicates that CWEN is financially healthy and should not expect problems in meeting its short term obligations.
CWEN has a better Current ratio (1.42) than 80.00% of its industry peers.
A Quick Ratio of 1.34 indicates that CWEN should not have too much problems paying its short term obligations.
CWEN's Quick ratio of 1.34 is fine compared to the rest of the industry. CWEN outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
The earnings per share for CWEN have decreased strongly by -13.33% in the last year.
The Earnings Per Share has been growing by 19.45% on average over the past years. This is quite good.
CWEN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.65%.
Measured over the past years, CWEN shows a small growth in Revenue. The Revenue has been growing by 5.85% on average per year.
EPS 1Y (TTM)-13.33%
EPS 3Y19.45%
EPS 5YN/A
EPS Q2Q%-34.88%
Revenue 1Y (TTM)14.65%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%7.1%
3.2 Future
Based on estimates for the next years, CWEN will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.40% on average per year.
The Revenue is expected to grow by 5.84% on average over the next years.
EPS Next Y-26.2%
EPS Next 2Y15.85%
EPS Next 3Y17.4%
EPS Next 5YN/A
Revenue Next Year-0.14%
Revenue Next 2Y5.84%
Revenue Next 3Y5.84%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 48.83, which means the current valuation is very expensive for CWEN.
CWEN's Price/Earnings ratio is a bit cheaper when compared to the industry. CWEN is cheaper than 70.00% of the companies in the same industry.
CWEN is valuated expensively when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 31.53, the valuation of CWEN can be described as expensive.
75.00% of the companies in the same industry are more expensive than CWEN, based on the Price/Forward Earnings ratio.
CWEN is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.83 | ||
| Fwd PE | 31.53 |
4.2 Price Multiples
CWEN's Enterprise Value to EBITDA is on the same level as the industry average.
95.00% of the companies in the same industry are more expensive than CWEN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.42 | ||
| EV/EBITDA | 14.05 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CWEN's earnings are expected to grow with 17.40% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.85%
EPS Next 3Y17.4%
5. Dividend
5.1 Amount
CWEN has a Yearly Dividend Yield of 5.87%, which is a nice return.
Compared to an average industry Dividend Yield of 4.71, CWEN pays a better dividend. On top of this CWEN pays more dividend than 90.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, CWEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
5.2 History
The dividend of CWEN is nicely growing with an annual growth rate of 15.88%!
CWEN has paid a dividend for at least 10 years, which is a reliable track record.
CWEN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)15.88%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
455.26% of the earnings are spent on dividend by CWEN. This is not a sustainable payout ratio.
The dividend of CWEN is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP455.26%
EPS Next 2Y15.85%
EPS Next 3Y17.4%
31.74
-0.1 (-0.31%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners76.54%
Inst Owner Change-0.4%
Ins Owners0.03%
Ins Owner Change-2.16%
Market Cap6.42B
Revenue(TTM)1.43B
Net Income(TTM)76.00M
Analysts83.75
Price Target39.61 (24.8%)
Short Float %10.21%
Short Ratio3.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.87% |
Yearly Dividend1.65
Dividend Growth(5Y)15.88%
DP455.26%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)24.85%
Min EPS beat(2)-62.82%
Max EPS beat(2)112.53%
EPS beat(4)1
Avg EPS beat(4)-11.16%
Min EPS beat(4)-62.82%
Max EPS beat(4)112.53%
EPS beat(8)3
Avg EPS beat(8)78.82%
EPS beat(12)5
Avg EPS beat(12)64.77%
EPS beat(16)6
Avg EPS beat(16)75.05%
Revenue beat(2)0
Avg Revenue beat(2)-6.27%
Min Revenue beat(2)-9.94%
Max Revenue beat(2)-2.6%
Revenue beat(4)1
Avg Revenue beat(4)-2.59%
Min Revenue beat(4)-13.81%
Max Revenue beat(4)15.99%
Revenue beat(8)1
Avg Revenue beat(8)-6.57%
Revenue beat(12)3
Avg Revenue beat(12)-5.74%
Revenue beat(16)3
Avg Revenue beat(16)-8.41%
PT rev (1m)0.14%
PT rev (3m)2.52%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)-4%
EPS NY rev (1m)-17.47%
EPS NY rev (3m)-48.7%
Revenue NQ rev (1m)-1.64%
Revenue NQ rev (3m)-0.89%
Revenue NY rev (1m)-1.71%
Revenue NY rev (3m)-3.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.83 | ||
| Fwd PE | 31.53 | ||
| P/S | 4.48 | ||
| P/FCF | 11.42 | ||
| P/OCF | 8.24 | ||
| P/B | 3.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.05 |
EPS(TTM)0.65
EY2.05%
EPS(NY)1.01
Fwd EY3.17%
FCF(TTM)2.78
FCFY8.76%
OCF(TTM)3.85
OCFY12.14%
SpS7.08
BVpS9.14
TBVpS-2.13
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 4.11% | ||
| ROCE | 1.55% | ||
| ROIC | 1.22% | ||
| ROICexc | 1.24% | ||
| ROICexgc | 1.47% | ||
| OM | 16.41% | ||
| PM (TTM) | 5.31% | ||
| GM | 64.32% | ||
| FCFM | 39.25% |
ROA(3y)1.96%
ROA(5y)1.3%
ROE(3y)11.36%
ROE(5y)7.65%
ROIC(3y)1.38%
ROIC(5y)1.8%
ROICexc(3y)1.44%
ROICexc(5y)1.86%
ROICexgc(3y)1.78%
ROICexgc(5y)2.29%
ROCE(3y)1.75%
ROCE(5y)2.28%
ROICexgc growth 3Y-17.63%
ROICexgc growth 5Y-15.57%
ROICexc growth 3Y-15.48%
ROICexc growth 5Y-15.05%
OM growth 3Y-11.92%
OM growth 5Y-10%
PM growth 3Y17.41%
PM growth 5YN/A
GM growth 3Y-0.76%
GM growth 5Y-1.04%
F-Score5
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.46 | ||
| Debt/FCF | 15.5 | ||
| Debt/EBITDA | 7.78 | ||
| Cap/Depr | 26.3% | ||
| Cap/Sales | 15.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.49% | ||
| Profit Quality | 739.47% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | 0.45 |
F-Score5
WACC5.82%
ROIC/WACC0.21
Cap/Depr(3y)28.49%
Cap/Depr(5y)26.49%
Cap/Sales(3y)16.18%
Cap/Sales(5y)14.12%
Profit Quality(3y)416.97%
Profit Quality(5y)797.18%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.33%
EPS 3Y19.45%
EPS 5YN/A
EPS Q2Q%-34.88%
EPS Next Y-26.2%
EPS Next 2Y15.85%
EPS Next 3Y17.4%
EPS Next 5YN/A
Revenue 1Y (TTM)14.65%
Revenue growth 3Y2.16%
Revenue growth 5Y5.85%
Sales Q2Q%7.1%
Revenue Next Year-0.14%
Revenue Next 2Y5.84%
Revenue Next 3Y5.84%
Revenue Next 5YN/A
EBIT growth 1Y62.07%
EBIT growth 3Y-10.02%
EBIT growth 5Y-4.74%
EBIT Next Year322.18%
EBIT Next 3Y70.51%
EBIT Next 5YN/A
FCF growth 1Y-2.6%
FCF growth 3Y-3.41%
FCF growth 5Y14.17%
OCF growth 1Y8.65%
OCF growth 3Y3.88%
OCF growth 5Y10.05%
CLEARWAY ENERGY INC-C / CWEN FAQ
Can you provide the ChartMill fundamental rating for CLEARWAY ENERGY INC-C?
ChartMill assigns a fundamental rating of 4 / 10 to CWEN.
Can you provide the valuation status for CLEARWAY ENERGY INC-C?
ChartMill assigns a valuation rating of 3 / 10 to CLEARWAY ENERGY INC-C (CWEN). This can be considered as Overvalued.
How profitable is CLEARWAY ENERGY INC-C (CWEN) stock?
CLEARWAY ENERGY INC-C (CWEN) has a profitability rating of 5 / 10.
What are the PE and PB ratios of CLEARWAY ENERGY INC-C (CWEN) stock?
The Price/Earnings (PE) ratio for CLEARWAY ENERGY INC-C (CWEN) is 48.83 and the Price/Book (PB) ratio is 3.47.
Can you provide the financial health for CWEN stock?
The financial health rating of CLEARWAY ENERGY INC-C (CWEN) is 4 / 10.