NORTHLAND POWER INC (NPI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NPI - CA6665111002 - Common Stock
17.23 CAD
-0.05 (-0.29%)
Taking everything into account, NPI scores 5 out of 10 in our fundamental rating. NPI was compared to 34 industry peers in the Independent Power and Renewable Electricity Producers industry. NPI has an average financial health and profitability rating. NPI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NPI was profitable.
NPI had a positive operating cash flow in the past year.
Of the past 5 years NPI 4 years were profitable.
NPI 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 -2.13%, NPI is in line with its industry, outperforming 57.58% of the companies in the same industry.
NPI has a better Return On Equity (-7.29%) than 60.61% of its industry peers.
NPI has a better Return On Invested Capital (4.02%) than 93.94% of its industry peers.
NPI had an Average Return On Invested Capital over the past 3 years of 4.68%. This is in line with the industry average of 3.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.13% | ||
| ROE | -7.29% | ||
| ROIC | 4.02% |
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
In the last couple of years the Profit Margin of NPI has declined.
NPI has a better Operating Margin (31.83%) than 78.79% of its industry peers.
In the last couple of years the Operating Margin of NPI has declined.
With an excellent Gross Margin value of 94.30%, NPI belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of NPI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.83% | ||
| PM (TTM) | N/A | ||
| GM | 94.3% |
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
NPI 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 NPI has been increased compared to 1 year ago.
The number of shares outstanding for NPI has been increased compared to 5 years ago.
The debt/assets ratio for NPI has remained at the same level compared to a year ago.
2.2 Solvency
NPI has an Altman-Z score of 0.45. This is a bad value and indicates that NPI is not financially healthy and even has some risk of bankruptcy.
NPI has a Altman-Z score of 0.45. This is in the better half of the industry: NPI outperforms 60.61% of its industry peers.
NPI has a debt to FCF ratio of 4.96. This is a neutral value as NPI would need 4.96 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 4.96, NPI belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
A Debt/Equity ratio of 1.56 is on the high side and indicates that NPI has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.56, NPI is doing good in the industry, outperforming 75.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 4.96 | ||
| Altman-Z | 0.45 |
ROIC/WACC0.72
WACC5.55%
2.3 Liquidity
A Current Ratio of 1.03 indicates that NPI should not have too much problems paying its short term obligations.
NPI has a better Current ratio (1.03) than 78.79% of its industry peers.
A Quick Ratio of 1.03 indicates that NPI should not have too much problems paying its short term obligations.
NPI's Quick ratio of 1.03 is amongst the best of the industry. NPI outperforms 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 255.93% over the past year.
NPI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.00% yearly.
The Revenue has decreased by -4.55% in the past year.
Measured over the past years, NPI shows a small growth in Revenue. The Revenue has been growing by 7.27% on average per year.
EPS 1Y (TTM)255.93%
EPS 3Y10.66%
EPS 5Y-14%
EPS Q2Q%161.43%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%13.04%
3.2 Future
The Earnings Per Share is expected to grow by 26.57% on average over the next years. This is a very strong growth
Based on estimates for the next years, NPI will show a small growth in Revenue. The Revenue will grow by 3.42% on average per year.
EPS Next Y-105.59%
EPS Next 2Y16.09%
EPS Next 3Y11.32%
EPS Next 5Y26.57%
Revenue Next Year-0.17%
Revenue Next 2Y2.74%
Revenue Next 3Y3.32%
Revenue Next 5Y3.42%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
With a Price/Earnings ratio of 18.73, NPI is valued on the expensive side.
Based on the Price/Earnings ratio, NPI is valued cheaper than 84.85% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.49, NPI is valued a bit cheaper.
NPI is valuated correctly with a Price/Forward Earnings ratio of 12.41.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NPI indicates a rather cheap valuation: NPI is cheaper than 87.88% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, NPI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.73 | ||
| Fwd PE | 12.41 |
4.2 Price Multiples
96.97% of the companies in the same industry are more expensive than NPI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NPI indicates a rather cheap valuation: NPI is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.15 | ||
| EV/EBITDA | 7.52 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y16.09%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
NPI has a Yearly Dividend Yield of 4.17%, which is a nice return.
The stock price of NPI dropped by -23.18% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
NPI's Dividend Yield is comparable with the industry average which is at 4.42.
NPI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
The dividend of NPI decreases each year by -8.73%.
NPI has paid a dividend for at least 10 years, which is a reliable track record.
NPI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.73%
Div Incr Years0
Div Non Decr Years17
5.3 Sustainability
The earnings of NPI are negative and hence is the payout ratio. NPI will probably not be able to sustain this dividend level.
DP-91.8%
EPS Next 2Y16.09%
EPS Next 3Y11.32%
TSX:NPI (12/5/2025, 7:00:00 PM)
17.23
-0.05 (-0.29%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners46.71%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap4.51B
Revenue(TTM)2.29B
Net Income(TTM)-285.99M
Analysts73.75
Price Target23.38 (35.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend0.8
Dividend Growth(5Y)-8.73%
DP-91.8%
Div Incr Years0
Div Non Decr Years17
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-34.97%
Min EPS beat(2)-249.11%
Max EPS beat(2)179.18%
EPS beat(4)2
Avg EPS beat(4)-24.75%
Min EPS beat(4)-249.11%
Max EPS beat(4)179.18%
EPS beat(8)3
Avg EPS beat(8)-75.63%
EPS beat(12)5
Avg EPS beat(12)-48.58%
EPS beat(16)9
Avg EPS beat(16)23.41%
Revenue beat(2)1
Avg Revenue beat(2)-0.37%
Min Revenue beat(2)-2.69%
Max Revenue beat(2)1.95%
Revenue beat(4)1
Avg Revenue beat(4)-1.18%
Min Revenue beat(4)-3.22%
Max Revenue beat(4)1.95%
Revenue beat(8)4
Avg Revenue beat(8)0.37%
Revenue beat(12)7
Avg Revenue beat(12)0.85%
Revenue beat(16)11
Avg Revenue beat(16)5.36%
PT rev (1m)-17.62%
PT rev (3m)-17.17%
EPS NQ rev (1m)-11.35%
EPS NQ rev (3m)-15.82%
EPS NY rev (1m)-107.23%
EPS NY rev (3m)-104.43%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.73 | ||
| Fwd PE | 12.41 | ||
| P/S | 1.97 | ||
| P/FCF | 3.15 | ||
| P/OCF | 2.89 | ||
| P/B | 1.15 | ||
| P/tB | 1.56 | ||
| EV/EBITDA | 7.52 |
EPS(TTM)0.92
EY5.34%
EPS(NY)1.39
Fwd EY8.06%
FCF(TTM)5.48
FCFY31.79%
OCF(TTM)5.96
OCFY34.59%
SpS8.76
BVpS15
TBVpS11.04
PEG (NY)N/A
PEG (5Y)N/A
Graham Number17.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.13% | ||
| ROE | -7.29% | ||
| ROCE | 6.1% | ||
| ROIC | 4.02% | ||
| ROICexc | 4.32% | ||
| ROICexgc | 4.77% | ||
| OM | 31.83% | ||
| PM (TTM) | N/A | ||
| GM | 94.3% | ||
| FCFM | 62.51% |
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%
ROICexgc growth 3Y-0.15%
ROICexgc 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 Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 4.96 | ||
| Debt/EBITDA | 4.27 | ||
| Cap/Depr | 17.96% | ||
| Cap/Sales | 5.51% | ||
| Interest Coverage | 2.04 | ||
| Cash Conversion | 108.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 0.45 |
F-Score4
WACC5.55%
ROIC/WACC0.72
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)255.93%
EPS 3Y10.66%
EPS 5Y-14%
EPS Q2Q%161.43%
EPS Next Y-105.59%
EPS Next 2Y16.09%
EPS Next 3Y11.32%
EPS Next 5Y26.57%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%13.04%
Revenue Next Year-0.17%
Revenue Next 2Y2.74%
Revenue Next 3Y3.32%
Revenue Next 5Y3.42%
EBIT growth 1Y-14.15%
EBIT growth 3Y3.6%
EBIT growth 5Y2.05%
EBIT Next Year61.62%
EBIT Next 3Y31.31%
EBIT Next 5Y18.54%
FCF growth 1Y94.96%
FCF growth 3Y-25.21%
FCF growth 5Y0.79%
OCF growth 1Y29.88%
OCF growth 3Y-13.85%
OCF growth 5Y-3.42%
NORTHLAND POWER INC / NPI.CA FAQ
What is the fundamental rating for NPI stock?
ChartMill assigns a fundamental rating of 5 / 10 to NPI.CA.
Can you provide the valuation status for NORTHLAND POWER INC?
ChartMill assigns a valuation rating of 6 / 10 to NORTHLAND POWER INC (NPI.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for NORTHLAND POWER INC?
NORTHLAND POWER INC (NPI.CA) has a profitability rating of 5 / 10.
Can you provide the financial health for NPI stock?
The financial health rating of NORTHLAND POWER INC (NPI.CA) is 5 / 10.
How sustainable is the dividend of NORTHLAND POWER INC (NPI.CA) stock?
The dividend rating of NORTHLAND POWER INC (NPI.CA) is 6 / 10 and the dividend payout ratio is -91.8%.