Spark Power Group Inc trades with the ticker SPG on the TSX and is in the Utilities – Renewable industry.
Overview
Spark Power Group Inc. provides electrical contracting, operations, and maintenance services, as well as energy sustainability solutions in Canada and the United States. The company’s Technical Services segment offers low-voltage technical services, including electrical contracting, custom control panel design and assembly, industrial automation, electronic repair, systems integration, and 24/7 emergency services; and medium and high voltage technical services, such as power “on’, equipment installation, sub-station construction and maintenance, commissioning, power line construction and maintenance, thermography, and transformer maintenance services. This segment also provides engineering services comprising power systems engineering, protection and control engineering, substation engineering, SCADA engineering, and arc flash studies, as well as fabrication shop/paint services; buys, refurbishes, and resells used electrical equipment; sells and rents power transformers; and sells medium voltage electrical switchgears. Its Renewables segment offers renewables operations and maintenance services comprising wind, solar, battery energy storage systems, and electric vehicle assets. The company serves industrial, commercial, institutional, renewable, and agricultural customers, as well as utility markets, including municipalities, universities, schools, and hospitals. Spark Power Group Inc. is headquartered in Oakville, Canada. As of December 5, 2023, Spark Power Group Inc. was taken private.
Looking to invest in Spark Power Group Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
SPG.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $74.484MM
PE Ratio:
Price: 149.8 (Updated: 3/12/2024 0:47:16)
Spark Power Group Inc (SPG) vs Competitors in Utilities – Renewable
Lets see how SPG.TO stacks up against others in the Utilities – Renewable asset management industry. We have identified its main peers as:Algonquin Power & Utilities Corp, Brookfield Renewable Partners L.P, Boralex Inc, Innergex Renewable Energy Inc, Northland Power Inc
.Utilities – Renewable Industry Comparisons
| Company | Market Cap ($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
- Spark Power Group Inc (SPG) vs Algonquin Power & Utilities Corp (AQN)
- SPG has higher EPS (-0.18 vs -0.49). AQN has higher dividend yield (7.3% vs 0.0%). AQN and SPG both have P/E’s under 0.
- Spark Power Group Inc (SPG) vs Brookfield Renewable Partners L.P (BEP-UN)
- SPG has higher EPS (-0.18 vs -0.43). BEP-UN has higher dividend yield (6.0% vs 0.0%). BEP-UN and SPG both have P/E’s under 0.
- Spark Power Group Inc (SPG) vs Boralex Inc (BLX)
- BLX has higher EPS (0.77 vs -0.18). BLX has higher dividend yield (2.2% vs 0.0%). SPG has a P/E under 0, indicating BLX (P/E 38.831) is in a better position.
- Spark Power Group Inc (SPG) vs Innergex Renewable Energy Inc (INE)
- SPG has higher EPS (-0.18 vs -0.51). INE has higher dividend yield (4.2% vs 0.0%). INE and SPG both have P/E’s under 0.
- Spark Power Group Inc (SPG) vs Northland Power Inc (NPI)
- SPG has higher EPS (-0.18 vs -0.72). NPI has higher dividend yield (5.0% vs 0.0%). NPI and SPG both have P/E’s under 0.
Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
How to Buy SPG 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:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
