NORTHLAND POWER INC - NPICN 3.2 PERP (NPI-PR-A.CA) Stock Fundamental Analysis
TSX:NPI-PR-A - CA6665113081
23.31 CAD
-0.16 (-0.68%)
We assign a fundamental rating of 4 out of 10 to NPI-PR-A. NPI-PR-A was compared to 32 industry peers in the Independent Power and Renewable Electricity Producers industry. NPI-PR-A has an average financial health and profitability rating. NPI-PR-A has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NPI-PR-A had negative earnings in the past year.
In the past year NPI-PR-A had a positive cash flow from operations.
Of the past 5 years NPI-PR-A 4 years were profitable.
Each year in the past 5 years NPI-PR-A had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NPI-PR-A (-0.38%) is comparable to the rest of the industry.
The Return On Equity of NPI-PR-A (-1.20%) is better than 69.70% of its industry peers.
With an excellent Return On Invested Capital value of 3.71%, NPI-PR-A belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
NPI-PR-A had an Average Return On Invested Capital over the past 3 years of 4.68%. This is in line with the industry average of 4.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -1.2% | ||
| ROIC | 3.71% |
ROA(3y)2.12%
ROA(5y)2.16%
ROE(3y)6.87%
ROE(5y)9.86%
ROIC(3y)4.68%
ROIC(5y)4.77%
1.3 Margins
NPI-PR-A's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 31.22%, NPI-PR-A is doing good in the industry, outperforming 72.73% of the companies in the same industry.
NPI-PR-A's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 97.12%, NPI-PR-A belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
NPI-PR-A's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.22% | ||
| PM (TTM) | N/A | ||
| GM | 97.12% |
OM growth 3Y-0.41%
OM growth 5Y-4.87%
PM growth 3Y9.7%
PM growth 5Y-9.55%
GM growth 3Y0.7%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NPI-PR-A is destroying value.
The number of shares outstanding for NPI-PR-A has been increased compared to 1 year ago.
The number of shares outstanding for NPI-PR-A has been increased compared to 5 years ago.
Compared to 1 year ago, NPI-PR-A has about the same debt to assets ratio.
2.2 Solvency
NPI-PR-A has an Altman-Z score of 0.57. This is a bad value and indicates that NPI-PR-A is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.57, NPI-PR-A belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
NPI-PR-A has a debt to FCF ratio of 5.48. This is a neutral value as NPI-PR-A would need 5.48 years to pay back of all of its debts.
The Debt to FCF ratio of NPI-PR-A (5.48) is better than 87.88% of its industry peers.
NPI-PR-A has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
NPI-PR-A has a Debt to Equity ratio of 1.40. This is in the better half of the industry: NPI-PR-A outperforms 69.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.69
WACC5.36%
2.3 Liquidity
NPI-PR-A has a Current Ratio of 0.91. This is a bad value and indicates that NPI-PR-A is not financially healthy enough and could expect problems in meeting its short term obligations.
NPI-PR-A has a better Current ratio (0.91) than 60.61% of its industry peers.
A Quick Ratio of 0.91 indicates that NPI-PR-A may have some problems paying its short term obligations.
NPI-PR-A has a better Quick ratio (0.91) than 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
NPI-PR-A shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -184.00%.
The Earnings Per Share has been decreasing by -7.41% on average over the past years.
NPI-PR-A shows a decrease in Revenue. In the last year, the revenue decreased by -8.19%.
Measured over the past years, NPI-PR-A shows a small growth in Revenue. The Revenue has been growing by 7.27% on average per year.
EPS 1Y (TTM)-184%
EPS 3Y25.16%
EPS 5Y-7.41%
EPS Q2Q%-126.32%
Revenue 1Y (TTM)-8.19%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%-3.75%
3.2 Future
NPI-PR-A is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.45% yearly.
NPI-PR-A is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.73% yearly.
EPS Next Y-12.78%
EPS Next 2Y10.64%
EPS Next 3Y1.16%
EPS Next 5Y18.45%
Revenue Next Year-0.29%
Revenue Next 2Y3.94%
Revenue Next 3Y3.76%
Revenue Next 5Y3.73%
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.
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
The Price/Earnings Ratio is negative for NPI-PR-A. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 12.78, NPI-PR-A is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NPI-PR-A indicates a rather cheap valuation: NPI-PR-A is cheaper than 81.82% of the companies listed in the same industry.
NPI-PR-A's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.78 |
4.2 Price Multiples
NPI-PR-A's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NPI-PR-A is cheaper than 87.88% of the companies in the same industry.
NPI-PR-A's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NPI-PR-A is cheaper than 96.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.75 | ||
| EV/EBITDA | 8.96 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.64%
EPS Next 3Y1.16%
5. Dividend
5.1 Amount
NPI-PR-A has a Yearly Dividend Yield of 8.06%, which is a nice return.
Compared to an average industry Dividend Yield of 5.84, NPI-PR-A pays a better dividend. On top of this NPI-PR-A pays more dividend than 90.91% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, NPI-PR-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.06% |
5.2 History
The dividend of NPI-PR-A decreases each year by -8.73%.
NPI-PR-A has paid a dividend for at least 10 years, which is a reliable track record.
NPI-PR-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-8.73%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
NPI-PR-A has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-453.95%
EPS Next 2Y10.64%
EPS Next 3Y1.16%
NORTHLAND POWER INC - NPICN 3.2 PERP
TSX:NPI-PR-A (8/21/2025, 7:00:00 PM)
23.31
-0.16 (-0.68%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners45.17%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap6.10B
Analysts78.82
Price Target29.99 (28.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.06% |
Yearly Dividend0.8
Dividend Growth(5Y)-8.73%
DP-453.95%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-146.17%
Min EPS beat(2)-249.11%
Max EPS beat(2)-43.23%
EPS beat(4)1
Avg EPS beat(4)-233.16%
Min EPS beat(4)-654.46%
Max EPS beat(4)14.15%
EPS beat(8)3
Avg EPS beat(8)-109.51%
EPS beat(12)5
Avg EPS beat(12)-67.25%
EPS beat(16)8
Avg EPS beat(16)-2.61%
Revenue beat(2)0
Avg Revenue beat(2)-2.95%
Min Revenue beat(2)-3.22%
Max Revenue beat(2)-2.69%
Revenue beat(4)0
Avg Revenue beat(4)-2.98%
Min Revenue beat(4)-5.26%
Max Revenue beat(4)-0.75%
Revenue beat(8)3
Avg Revenue beat(8)-0.21%
Revenue beat(12)6
Avg Revenue beat(12)0.92%
Revenue beat(16)9
Avg Revenue beat(16)4.64%
PT rev (1m)8.34%
PT rev (3m)0.52%
EPS NQ rev (1m)-27.66%
EPS NQ rev (3m)-39.29%
EPS NY rev (1m)-6.31%
EPS NY rev (3m)-6.31%
Revenue NQ rev (1m)-5.89%
Revenue NQ rev (3m)5.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.78 | ||
| P/S | 2.74 | ||
| P/FCF | 4.75 | ||
| P/OCF | 4.26 | ||
| P/B | 1.42 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 8.96 |
EPS(TTM)-0.21
EYN/A
EPS(NY)1.82
Fwd EY7.83%
FCF(TTM)4.91
FCFY21.07%
OCF(TTM)5.47
OCFY23.45%
SpS8.51
BVpS16.47
TBVpS12.54
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -1.2% | ||
| ROCE | 5.63% | ||
| ROIC | 3.71% | ||
| ROICexc | 3.94% | ||
| ROICexgc | 4.33% | ||
| OM | 31.22% | ||
| PM (TTM) | N/A | ||
| GM | 97.12% | ||
| FCFM | 57.72% |
ROA(3y)2.12%
ROA(5y)2.16%
ROE(3y)6.87%
ROE(5y)9.86%
ROIC(3y)4.68%
ROIC(5y)4.77%
ROICexc(3y)5.08%
ROICexc(5y)5.11%
ROICexgc(3y)5.64%
ROICexgc(5y)5.73%
ROCE(3y)7.11%
ROCE(5y)7.24%
ROICexcg growth 3Y-0.15%
ROICexcg growth 5Y-3.44%
ROICexc growth 3Y0.94%
ROICexc growth 5Y-3.53%
OM growth 3Y-0.41%
OM growth 5Y-4.87%
PM growth 3Y9.7%
PM growth 5Y-9.55%
GM growth 3Y0.7%
GM growth 5Y-0.28%
F-Score4
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 5.48 | ||
| Debt/EBITDA | 4.37 | ||
| Cap/Depr | 21.07% | ||
| Cap/Sales | 6.52% | ||
| Interest Coverage | 2.01 | ||
| Cash Conversion | 103.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 0.57 |
F-Score4
WACC5.36%
ROIC/WACC0.69
Cap/Depr(3y)75.8%
Cap/Depr(5y)68.16%
Cap/Sales(3y)21.02%
Cap/Sales(5y)19.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-184%
EPS 3Y25.16%
EPS 5Y-7.41%
EPS Q2Q%-126.32%
EPS Next Y-12.78%
EPS Next 2Y10.64%
EPS Next 3Y1.16%
EPS Next 5Y18.45%
Revenue 1Y (TTM)-8.19%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%-3.75%
Revenue Next Year-0.29%
Revenue Next 2Y3.94%
Revenue Next 3Y3.76%
Revenue Next 5Y3.73%
EBIT growth 1Y-22.61%
EBIT growth 3Y3.6%
EBIT growth 5Y2.05%
EBIT Next Year58.3%
EBIT Next 3Y26.93%
EBIT Next 5Y17.24%
FCF growth 1Y20.18%
FCF growth 3Y-25.21%
FCF growth 5Y0.79%
OCF growth 1Y-9.26%
OCF growth 3Y-13.85%
OCF growth 5Y-3.42%