NORTHLAND POWER INC (NPI.CA) Stock Fundamental Analysis
Canada - TSX:NPI - CA6665111002 - Common Stock
18.2 CAD
-0.04 (-0.22%)
We assign a fundamental rating of 4 out of 10 to NPI. NPI was compared to 32 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and the financial health of NPI get a neutral evaluation. Nothing too spectacular is happening here. NPI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NPI had negative earnings in the past year.
In the past year NPI had a positive cash flow from operations.
NPI had positive earnings in 4 of the past 5 years.
NPI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NPI has a Return On Assets of -0.38%. This is comparable to the rest of the industry: NPI outperforms 59.38% of its industry peers.
The Return On Equity of NPI (-1.20%) is better than 71.88% of its industry peers.
With an excellent Return On Invested Capital value of 3.71%, NPI belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NPI is in line with the industry average of 4.64%.
| 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's Profit Margin has declined in the last couple of years.
The Operating Margin of NPI (31.22%) is better than 75.00% of its industry peers.
NPI's Operating Margin has declined in the last couple of years.
NPI's Gross Margin of 97.12% is amongst the best of the industry. NPI outperforms 100.00% of its industry peers.
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 | 31.22% | ||
| 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
NPI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, NPI has more shares outstanding
Compared to 5 years ago, NPI has more shares outstanding
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 0.49. This is a bad value and indicates that NPI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.49, NPI is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
NPI has a debt to FCF ratio of 5.48. This is a neutral value as NPI would need 5.48 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 5.48, NPI belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
A Debt/Equity ratio of 1.40 is on the high side and indicates that NPI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.40, NPI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 0.49 |
ROIC/WACC0.69
WACC5.41%
2.3 Liquidity
NPI has a Current Ratio of 0.91. This is a bad value and indicates that NPI is not financially healthy enough and could expect problems in meeting its short term obligations.
NPI has a better Current ratio (0.91) than 78.13% of its industry peers.
NPI has a Quick Ratio of 0.91. This is a bad value and indicates that NPI is not financially healthy enough and could expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 0.91, NPI belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The earnings per share for NPI have decreased strongly by -184.00% in the last year.
The earnings per share for NPI have been decreasing by -14.00% on average. This is quite bad
Looking at the last year, NPI shows a decrease in Revenue. The Revenue has decreased by -8.19% in the last year.
The Revenue has been growing slightly by 7.27% on average over the past years.
EPS 1Y (TTM)-184%
EPS 3Y10.66%
EPS 5Y-14%
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 is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.60% yearly.
NPI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.66% yearly.
EPS Next Y-22.67%
EPS Next 2Y30.14%
EPS Next 3Y19.31%
EPS Next 5Y26.6%
Revenue Next Year0%
Revenue Next 2Y4.01%
Revenue Next 3Y3.01%
Revenue Next 5Y3.66%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 10.43 indicates a reasonable valuation of NPI.
87.50% of the companies in the same industry are more expensive than NPI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, NPI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NPI is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, NPI is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.71 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
NPI's earnings are expected to grow with 19.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.14%
EPS Next 3Y19.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.62%, NPI is a good candidate for dividend investing.
NPI's Dividend Yield is rather good when compared to the industry average which is at 6.18. NPI pays more dividend than 84.38% of the companies in the same industry.
NPI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.62% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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-453.95%
EPS Next 2Y30.14%
EPS Next 3Y19.31%
TSX:NPI (11/14/2025, 7:00:00 PM)
18.2
-0.04 (-0.22%)
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 Cap4.76B
Revenue(TTM)2.23B
Net Income(TTM)-51.65M
Analysts78.75
Price Target28.37 (55.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.62% |
Yearly Dividend0.8
Dividend Growth(5Y)-8.73%
DP-453.95%
Div Incr Years0
Div Non Decr Years17
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)-208.54%
Min EPS beat(4)-555.97%
Max EPS beat(4)14.15%
EPS beat(8)3
Avg EPS beat(8)-97.2%
EPS beat(12)5
Avg EPS beat(12)-59.04%
EPS beat(16)8
Avg EPS beat(16)3.55%
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)1
Avg Revenue beat(4)-1.44%
Min Revenue beat(4)-3.22%
Max Revenue beat(4)0.9%
Revenue beat(8)4
Avg Revenue beat(8)0.56%
Revenue beat(12)7
Avg Revenue beat(12)1.44%
Revenue beat(16)10
Avg Revenue beat(16)5.03%
PT rev (1m)0.55%
PT rev (3m)-0.24%
EPS NQ rev (1m)-40.2%
EPS NQ rev (3m)-35.11%
EPS NY rev (1m)-38.71%
EPS NY rev (3m)-42.58%
Revenue NQ rev (1m)2.09%
Revenue NQ rev (3m)-3.93%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.43 | ||
| P/S | 2.14 | ||
| P/FCF | 3.71 | ||
| P/OCF | 3.33 | ||
| P/B | 1.11 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 8 |
EPS(TTM)-0.21
EYN/A
EPS(NY)1.74
Fwd EY9.58%
FCF(TTM)4.91
FCFY26.99%
OCF(TTM)5.47
OCFY30.03%
SpS8.51
BVpS16.47
TBVpS12.54
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/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%
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 Turnover0.16
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 | 0.49 |
F-Score4
WACC5.41%
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 3Y10.66%
EPS 5Y-14%
EPS Q2Q%-126.32%
EPS Next Y-22.67%
EPS Next 2Y30.14%
EPS Next 3Y19.31%
EPS Next 5Y26.6%
Revenue 1Y (TTM)-8.19%
Revenue growth 3Y4.03%
Revenue growth 5Y7.27%
Sales Q2Q%-3.75%
Revenue Next Year0%
Revenue Next 2Y4.01%
Revenue Next 3Y3.01%
Revenue Next 5Y3.66%
EBIT growth 1Y-22.61%
EBIT growth 3Y3.6%
EBIT growth 5Y2.05%
EBIT Next Year66.01%
EBIT Next 3Y31.51%
EBIT Next 5Y18.55%
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%
NORTHLAND POWER INC / NPI.CA FAQ
What is the fundamental rating for NPI stock?
ChartMill assigns a fundamental rating of 4 / 10 to NPI.CA.
Can you provide the valuation status for NORTHLAND POWER INC?
ChartMill assigns a valuation rating of 5 / 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 4 / 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 -453.95%.