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 10,179 - -
Change - 18.12% -17.76% 98.88% 3.12% 11.47% - -
Enterprise Value (EV) 1 7,694 8,979 7,886 13,118 15,905 16,586 15,956 15,190
Change - 16.71% -12.18% 66.35% 21.25% 4.28% -3.8% -4.8%
P/E 101x 55.2x 6.26x 12.4x 66.5x 53.7x 21.8x 18.4x
PBR 1.61x 2.21x 1.4x 1.99x - 2.37x 2.39x 2.39x
PEG - 0x 0x -0.8x -0.8x 1.4x 0x 1x
Capitalization / Revenue 2.3x 1.85x 1.04x 2.35x 2.45x 2.57x 2.36x 2.15x
EV / Revenue 3.87x 3.07x 1.84x 3.47x 4.28x 4.19x 3.7x 3.21x
EV / EBITDA 6.84x 6.64x 5.42x 9.84x 10.1x 9.94x 8.86x 7.88x
EV / EBIT 13.2x 11.2x 8.95x 15.8x 39.1x 22.2x 14.7x 12.1x
EV / FCF 11.9x 35.5x 79.7x 177x 162x 21.6x 20.2x 23.1x
FCF Yield 8.41% 2.82% 1.26% 0.56% 0.62% 4.63% 4.94% 4.34%
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% 4.3% 4.39% 4.45%
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 1,668 1,801 1,928
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 6,407 5,777 5,012
Reference price 2 39.46 46.33 37.84 63.72 58.55 64.80 64.80 64.80
Nbr of stocks (in thousands) 116,162 116,862 117,674 138,977 155,962 157,080 - -
Announcement Date 2/24/22 3/1/23 2/28/24 2/26/25 3/4/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.78x7.35x19.69x-.--% 42.35B
15.05x2.89x10.76x2.72% 34.9B
15.33x4.82x8.71x3.59% 16.88B
21.26x5.65x11.86x-.--% 16.66B
7.6x2.88x7.75x5.36% 12.18B
10.38x1.47x8.21x4.53% 7.73B
53.73x4.19x9.94x4.3% 7.3B
6.28x0.65x3.92x3.57% 6.59B
Average 20.30x 3.74x 10.11x 3.01% 18.07B
Weighted average by Cap. 21.67x 4.63x 12.52x 2.15%

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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