-1.68%
-16.83%
-3.76%
24.17%
42.91%
34.46%
45.45%
AI Spotlight on CPX
Company Description
Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States.It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal.The company owns an approximately 6,600 megawatts of power generation capacity at 26 facilities.
It also manages its related electricity, natural gas, and emissions portfolios by undertaking trading and marketing activities.The company was founded in 1891 and is headquartered in Edmonton, Canada.
Market Data
| Last Price | 53.22 |
| Change Percentage | -1.68% |
| Open | 54.05 |
| Previous Close | 54.13 |
| Market Cap ( Millions) | 7396 |
| Volume | 1002326 |
| Year High | 68.73 |
| Year Low | 33.9 |
| M A 50 | 61.08 |
| M A 200 | 48.44 |
Financial Ratios
| FCF Yield | -3.64% |
| Dividend Yield | 4.76% |
| ROE | 15.16% |
| Debt / Equity | 136.03% |
| Net Debt / EBIDTA | 357.61% |
| Price To Book | 1.84 |
| Price Earnings Ratio | 12.47 |
| Price To FCF | -27.5 |
| Price To sales | 2.07 |
| EV / EBITDA | 8.89 |
News
- Jan -30 - Capital Power to release fourth quarter 2024 results and 2024 Integrated Annual Report on February 26
- Jan -17 - Capital Power Has Outperform Rating, $65 Price Target at National Bank of Canada
- Jan -09 - Capital Power hosts 2025 guidance webcast on January 16
- Dec -20 - Capital Power announces closing of renewable power asset sell-down transaction
- Dec -18 - Capital Power Kept at Market Perform at BMO Following Share Offering; Price Target Raised to C$68.00
- Dec -17 - Capital Power Announces Closing of $460 Million Offering of Common Shares
- Dec -13 - Genesee Repowering Achieves Commercial Operations
- Dec -10 - Capital Power Announces $350 Million Bought Offering of Common Shares
- Dec -04 - Capital Power Price Target Raised to $70 at TD
- Nov -27 - Axium to buy 49% stake in two Canadian wind facilities
- Nov -26 - Capital Power Announces $340 Million Renewable Power Asset Sell-Down Deal; Shares Hit 52 Week Highs Today
- Nov -26 - Capital Power announces renewable power asset sell-down transaction
- Nov -06 - Capital Power's (TSE:CPX) Problems Go Beyond Weak Profit
- Nov -02 - Capital Power Third Quarter 2024 Earnings: EPS: CA$1.32 (vs CA$2.27 in 3Q 2023)
- Oct -31 - Capital Power's Price Target Raised to $56 from $47 by National Bank of Canada
- Oct -31 - Capital Power Corp (CPXWF) Q3 2024 Earnings Call Highlights: Strategic Growth Amidst Market ...
- Oct -30 - Capital Power announces third quarter 2024 results
- Oct -29 - Capital Power declares dividends for its Common and Preference shares
- Oct -09 - Capital Power Corp (CPXWF) Q2 2024 Earnings Call Highlights: Navigating Challenges and Seizing ...
- Sep -27 - Capital Power to release third quarter 2024 results on October 30
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Energy
Expected Growth : 7.3 %
What the company do ?
Capital Power Corporation generates energy from a diverse portfolio of natural gas, wind, and solar power sources, with a focus on reducing greenhouse gas emissions.
Why we expect these perspectives ?
Capital Power Corporation's 7.3% energy growth is driven by increasing demand for clean energy, strategic acquisitions, and investments in renewable energy sources such as wind and solar power. Additionally, favorable government policies and regulations supporting the transition to a low-carbon economy contribute to the company's growth momentum.
Segment n°2 -> Emission Credit
Expected Growth : 10.8 %
What the company do ?
Emission credits from Capital Power Corporation are tradeable certificates representing one ton of reduced greenhouse gas emissions, used to offset carbon footprint.
Why we expect these perspectives ?
Capital Power Corporation's 10.8% growth in Emission Credits is driven by increasing demand for carbon offsetting, government incentives for renewable energy, and strategic acquisitions. Additionally, the company's diversified portfolio of emission-reducing projects and strong operational efficiency contribute to its growth momentum.
Capital Power Corporation Products
| Product Range | What is it ? |
|---|---|
| Electricity Generation | Capital Power Corporation generates electricity through its various power plants, including natural gas, coal, and renewable energy sources. |
| Wholesale Electricity Sales | The company sells excess electricity to other market participants, such as utilities, retailers, and other generators. |
| Renewable Energy Solutions | Capital Power Corporation develops and operates renewable energy projects, including wind, solar, and hydroelectric power. |
| Energy Storage | The company offers energy storage solutions to help stabilize the grid and provide backup power during outages. |
| Energy Management Services | Capital Power Corporation provides energy management services to help customers optimize their energy usage and reduce costs. |
Capital Power Corporation's Porter Forces
Threat Of Substitutes
Capital Power Corporation operates in a highly regulated industry, which limits the threat of substitutes. However, the increasing adoption of renewable energy sources and energy storage technologies poses a moderate threat to the company's traditional business model.
Bargaining Power Of Customers
Capital Power Corporation's customers are largely residential and commercial consumers who have limited bargaining power. The company's diversified customer base and long-term contracts also reduce the bargaining power of customers.
Bargaining Power Of Suppliers
Capital Power Corporation relies on a few large suppliers for fuel and equipment. While the company has some bargaining power due to its scale, the suppliers' bargaining power is moderate due to the specialized nature of their products.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the power generation industry. The industry requires significant capital investment, regulatory approvals, and technical expertise, making it difficult for new entrants to compete with established players like Capital Power Corporation.
Intensity Of Rivalry
The power generation industry is highly competitive, with many established players competing for market share. Capital Power Corporation faces intense rivalry from other generators, which can lead to downward pressure on prices and margins.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 59.69% |
| Debt Cost | 5.47% |
| Equity Weight | 40.31% |
| Equity Cost | 6.86% |
| WACC | 6.03% |
| Leverage | 148.06% |
Capital Power Corporation : Quality Control
Capital Power Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ALA.TO | AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and … |
| ETR | Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. … |
| NRG | NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West. The company is involved in the … |
| KEN | Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates in four segments: OPC … |
| CNA.L | Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Capital Power
A-Score
1-Year Total Return ->
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Kenon
A-Score
1-Year Total Return ->
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Entergy
A-Score
1-Year Total Return ->
4
AltaGas
A-Score
1-Year Total Return ->
5
Centrica
A-Score
1-Year Total Return ->
6
