Northland Power Inc. trades with the ticker NPI on the TSX and is in the Utilities – Renewable industry.
Overview
Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements. It owned or had an economic interest 3.4 gigawatts of operating generating capacity. The company was founded in 1987 and is headquartered in Toronto, Canada.
Looking to invest in Northland Power Inc.? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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NPI.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $6143.534MM
PE Ratio:
Price: 1051.66 (Updated: 3/12/2024 0:47:16)
Northland Power Inc. (NPI) vs Competitors in Utilities – Renewable
Lets see how NPI.TO stacks up against others in the Utilities – Renewable asset management industry. We have identified its main peers as:Algonquin Power & Utilities Corp, Brookfield Renewable Partners L.P, Boralex Inc, Innergex Renewable Energy Inc, Northland Power Inc
.Utilities – Renewable Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Algonquin Power & Utilities Corp (AQN) | $5,955.301 | N/A | 43.311 | 7.3% |
| Brookfield Renewable Partners L.P (BEP-UN) | $21,543.555 | N/A | 12.062 | 6.0% |
| Boralex Inc (BLX) | $3,072.704 | 38.831 | 11.002 | 2.2% |
| Innergex Renewable Energy Inc (INE) | $1,768.077 | N/A | 15.629 | 4.2% |
| Northland Power Inc (NPI) | $6,143.534 | N/A | 13.595 | 5.0% |
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 – Renewable
- Northland Power Inc. (NPI) vs Algonquin Power & Utilities Corp (AQN)
- AQN has higher EPS (-0.49 vs -0.72). AQN has higher dividend yield (7.3% vs 5.0%). AQN and NPI both have P/E’s under 0.
- Northland Power Inc. (NPI) vs Brookfield Renewable Partners L.P (BEP-UN)
- BEP-UN has higher EPS (-0.43 vs -0.72). BEP-UN has higher dividend yield (6.0% vs 5.0%). BEP-UN and NPI both have P/E’s under 0.
- Northland Power Inc. (NPI) vs Boralex Inc (BLX)
- BLX has higher EPS (0.77 vs -0.72). NPI has higher dividend yield (5.0% vs 2.2%). NPI has a P/E under 0, indicating BLX (P/E 38.831) is in a better position.
- Northland Power Inc. (NPI) vs Innergex Renewable Energy Inc (INE)
- INE has higher EPS (-0.51 vs -0.72). NPI has higher dividend yield (5.0% vs 4.2%). INE and NPI both have P/E’s under 0.
- Northland Power Inc. (NPI) vs Northland Power Inc (NPI)
- NPI has higher EPS (-0.72 vs -0.72). NPI has higher dividend yield (5.0% vs 5.0%). NPI and NPI both have P/E’s under 0.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (13.60) than the industry average (22.35), indicating attractive valuation.
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