CPX : Capital Power Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

Capital Power Corporation trades with the ticker CPX on the TSX and is in the Utilities – Independent Power Producers industry.

Overview
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 7,500 megawatts (MW) of power generation capacity at 29 facilities. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company engages in the development of projects, which include approximately 213 MW of renewable generation capacity in Alberta and North Carolina, 512 MW of natural gas in Alberta, and approximately 350 MW of natural gas and battery energy storage systems in Ontario. Capital Power Corporation was founded in 1891 and is headquartered in Edmonton, Canada.
 

Looking to invest in Capital Power Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CPX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $4938.357MM

PE Ratio: 6.472

Price: 0.42 (Updated: 3/12/2024 0:47:16)



Capital Power Corporation (CPX) vs Competitors in Utilities – Independent Power Producers

Lets see how CPX.TO stacks up against others in the Utilities – Independent Power Producers asset management industry. We have identified its main peers as:

Maxim Power Corp, TransAlta Corporation

.

Utilities – Independent Power Producers Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Capital Power Corporation (CPX) $4,938.357 6.472 5.358 6.3%
Maxim Power Corp (MXG) $233.552 154.0 4.824 N/A%
TransAlta Corporation (TA) $2,871.38 3.983 4.36 2.6%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Utilities – Independent Power Producers

  • Capital Power Corporation (CPX) vs Maxim Power Corp (MXG)
    • CPX has higher EPS (6.04 vs 0.03). CPX provides dividends, while MXG does not. MXG has a higher P/E ratio (154.0 vs 6.472) indicating it’s more expensive.
  • Capital Power Corporation (CPX) vs TransAlta Corporation (TA)
    • CPX has higher EPS (6.04 vs 2.33). CPX has higher dividend yield (6.3% vs 2.6%). CPX has a higher P/E ratio (6.472 vs 3.983) indicating it’s more expensive.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy CPX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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