Company Valuation: Capital Power Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,584 5,414 4,453 8,856 9,132 10,317 - -
Change - 18.12% -17.76% 98.88% 3.12% 12.98% - -
Enterprise Value (EV) 1 7,694 8,979 7,886 13,118 15,905 16,798 16,173 15,450
Change - 16.71% -12.18% 66.35% 21.25% 5.62% -3.72% -4.47%
P/E 101x 55.2x 6.26x 12.4x 66.5x 54.5x 22.1x 18.7x
PBR 1.61x 2.21x 1.4x 1.99x - 2.4x 2.42x 2.42x
PEG - 0x 0x -0.8x -0.8x 1.5x 0x 1x
Capitalization / Revenue 2.3x 1.85x 1.04x 2.35x 2.45x 2.61x 2.39x 2.18x
EV / Revenue 3.87x 3.07x 1.84x 3.47x 4.28x 4.24x 3.75x 3.26x
EV / EBITDA 6.84x 6.64x 5.42x 9.84x 10.1x 10.1x 8.99x 8.02x
EV / EBIT 13.2x 11.2x 8.95x 15.8x 39.1x 22.5x 14.9x 12.3x
EV / FCF 11.9x 35.5x 79.7x 177x 162x 21.9x 20.5x 23.4x
FCF Yield 8.41% 2.82% 1.26% 0.56% 0.62% 4.57% 4.87% 4.27%
Dividend per Share 2 2.12 2.255 2.39 2.534 2.686 2.786 2.844 2.885
Rate of return 5.37% 4.87% 6.32% 3.98% 4.59% 4.24% 4.33% 4.39%
EPS 2 0.39 0.84 6.04 5.15 0.88 1.206 2.978 3.518
Distribution rate 544% 268% 39.6% 49.2% 305% 231% 95.5% 82%
Net sales 1 1,990 2,929 4,282 3,776 3,720 3,959 4,311 4,738
EBITDA 1 1,124 1,353 1,455 1,333 1,580 1,667 1,800 1,926
EBIT 1 585 800 881 830 407 746.1 1,084 1,260
Net income 1 44 99 744 699 160 219.3 470 550.8
Net Debt 1 3,110 3,565 3,433 4,262 6,773 6,481 5,856 5,133
Reference price 2 39.46 46.33 37.84 63.72 58.55 65.68 65.68 65.68
Nbr of stocks (in thousands) 116,162 116,862 117,674 138,977 155,962 157,080 - -
Announcement Date 2/24/22 A 3/1/23 A 2/28/24 A 2/26/25 A 3/4/26 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
54.46x4.24x10.07x4.24% 7.49B
32.23x7.24x19.4x-.--% 41.42B
14.94x2.88x10.71x2.82% 34.46B
14.83x4.75x8.59x3.71% 16.38B
16.62x5.14x10.91x-.--% 15.07B
7.51x2.87x7.72x5.42% 12.04B
4.31x0.64x3.11x2.98% 7.87B
9.91x1.46x8.11x4.74% 7.42B
16.41x - - - 4.67B
Average 19.02x 3.65x 9.83x 2.99% 16.31B
Weighted average by Cap. 20.61x 4.48x 12.18x 2.21%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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