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Capital Power Corporation develops, acquires, owns, and operates utility-scale renewable and flexible generation facilities in Canada and the United States. The company generates electricity from various energy sources, including wind, waste heat, solar, landfill gas, gas, and battery storage. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company owns approximately 12 GW of gross power generation capacity in North America; 180 MW of renewable generation capacity in North Carolina; approximately 170 MW of new battery energy storage systems in Ontario. Capital Power Corporation was founded in 1891 and is headquartered in Edmonton, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Capital Power Corporation is a North American power producer operating a mix of natural gas, renewable and contracted generation assets in Canada and the U.S. Long-term growth may come from renewables expansion, converting or retiring thermal capacity and stable cash flows from long-term power contracts, which may appeal to income-oriented investors.
Major risks include wholesale power and fuel-price volatility, regulatory and carbon-pricing changes, project execution and financing challenges and sensitivity to interest rates and leverage.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 167.00M | 899.00M | 941.00M | 141.00M | 147.00M |
| Minority interest | 1.00M | -2.00M | 7.00M | 10.00M | 11.00M |
| Net income | 160.00M | 699.00M | 744.00M | 138.00M | 98.00M |
| Selling general administrative | 429.00M | 455.00M | 332.00M | 327.00M | 290.00M |
| Selling and marketing expenses | - | - | 179.00M | - | - |
| Gross profit | -10.00M | 15.00M | 630.00M | 1221.00M | 1190.00M |
| Reconciled depreciation | 580.00M | 503.00M | 574.00M | 553.00M | 539.00M |
| Ebit | -213.00M | 1060.00M | 1039.00M | 302.00M | 276.00M |
| Ebitda | 380.00M | 1575.00M | 1624.00M | 886.00M | 857.00M |
| Depreciation and amortization | 593.00M | 515.00M | 585.00M | 584.00M | 581.00M |
| Operating income | -213.00M | -176.00M | 477.00M | 302.00M | 276.00M |
| Other operating expenses | 3534.00M | 3126.00M | 3526.00M | 2489.00M | 1519.00M |
| Interest expense | 319.00M | 237.00M | 163.00M | 140.00M | 140.00M |
| Tax provision | 8.00M | 198.00M | 204.00M | 13.00M | 60.00M |
| Interest income | 8.00M | 133.00M | 11.00M | 93.00M | 128.00M |
| Net interest income | -294.00M | -209.00M | -155.00M | -149.00M | -169.00M |
| Income tax expense | 8.00M | 198.00M | 204.00M | 13.00M | 60.00M |
| Total revenue | 3321.00M | 2950.00M | 4003.00M | 2799.00M | 1857.00M |
| Total operating expenses | 203.00M | 191.00M | 153.00M | 911.00M | 852.00M |
| Cost of revenue | 3331.00M | 2935.00M | 3373.00M | 1578.00M | 667.00M |
| Total other income expense net | 380.00M | 1075.00M | 464.00M | -161.00M | -129.00M |
| Net income from continuing ops | 159.00M | 701.00M | 737.00M | 128.00M | 87.00M |
| Net income applicable to common shares | - | 665.00M | 710.00M | 99.00M | 44.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 15441.00M | 12930.00M | 11156.00M | 10135.00M | 9073.00M |
| Intangible assets | 585.00M | 709.00M | 740.00M | 782.00M | 749.00M |
| Other current assets | 371.00M | - | 193.00M | 244.00M | 167.00M |
| Total liab | 10592.00M | 8359.00M | 7970.00M | 7675.00M | 6214.00M |
| Total stockholder equity | 4857.00M | 4576.00M | 3190.00M | 2454.00M | 2841.00M |
| Other current liab | 992.00M | 178.00M | 1196.00M | 1804.00M | 857.00M |
| Common stock | 4583.00M | - | 2921.00M | 2895.00M | 2878.00M |
| Capital stock | 5036.00M | 4301.00M | 3524.00M | 3498.00M | 3631.00M |
| Retained earnings | -349.00M | -74.00M | -404.00M | -835.00M | -671.00M |
| Other liab | - | - | - | 1709.00M | 1597.00M |
| Good will | 35.00M | 35.00M | 35.00M | 35.00M | 35.00M |
| Other assets | - | - | - | 364.00M | 625.00M |
| Cash | 119.00M | 792.00M | 1423.00M | 290.00M | 370.00M |
| Cash and equivalents | - | - | - | 297.00M | 218.00M |
| Total current liabilities | 1635.00M | 1353.00M | 2047.00M | 2212.00M | 1205.00M |
| Current deferred revenue | 80.00M | - | 71.00M | 158.00M | 153.00M |
| Net debt | 6765.00M | 4184.00M | 3440.00M | 3582.00M | 3127.00M |
| Short term debt | 347.00M | - | 597.00M | 133.00M | 126.00M |
| Short long term debt | 347.00M | 157.00M | 590.00M | 133.00M | 126.00M |
| Short long term debt total | 6884.00M | - | 4863.00M | 3872.00M | 3497.00M |
| Other stockholder equity | - | - | - | -209.00M | -119.00M |
| Property plant equipment | - | - | - | 6487.00M | 6323.00M |
| Total current assets | 1542.00M | 1948.00M | 2632.00M | 1686.00M | 1186.00M |
| Long term investments | 1064.00M | 1096.00M | 455.00M | 437.00M | 145.00M |
| Net tangible assets | - | - | - | 1034.00M | 1304.00M |
| Short term investments | - | - | 40.00M | - | - |
| Net receivables | 729.00M | 109.00M | 707.00M | 910.00M | 432.00M |
| Long term debt | 6383.00M | 4819.00M | 4126.00M | 3593.00M | 3234.00M |
| Inventory | 323.00M | 235.00M | 309.00M | 242.00M | 217.00M |
| Accounts payable | 216.00M | 163.00M | 183.00M | 117.00M | 69.00M |
| Accumulated other comprehensive income | 170.00M | - | 70.00M | -209.00M | -119.00M |
| Non currrent assets other | 107.00M | 132.00M | 110.00M | 688.00M | 618.00M |
| Non current assets total | 13899.00M | 10982.00M | 8524.00M | 8449.00M | 7887.00M |
| Capital lease obligations | 154.00M | 134.00M | 147.00M | 146.00M | 137.00M |
| Long term debt total | - | - | - | 3739.00M | 3371.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -1916.00M | -807.00M | -910.00M | -565.00M |
| Change to liabilities | - | - | - | 648.00M | 102.00M |
| Total cashflows from investing activities | -3761.00M | -1916.00M | -807.00M | -910.00M | -565.00M |
| Net borrowings | 1857.00M | 262.00M | 1049.00M | 370.00M | -111.00M |
| Total cash from financing activities | 2128.00M | 271.00M | 1157.00M | -102.00M | -275.00M |
| Change to operating activities | - | - | - | 4.00M | -2.00M |
| Net income | 160.00M | 699.00M | 744.00M | 128.00M | 87.00M |
| Change in cash | -746.00M | -558.00M | 1116.00M | -80.00M | 20.00M |
| Begin period cash flow | 865.00M | 1423.00M | 307.00M | 387.00M | 367.00M |
| End period cash flow | 119.00M | 865.00M | 1423.00M | 307.00M | 387.00M |
| Total cash from operating activities | 911.00M | 1075.00M | 768.00M | 935.00M | 867.00M |
| Issuance of capital stock | 667.00M | 460.00M | 399.00M | 0.00M | 288.00M |
| Depreciation | 593.00M | 515.00M | 585.00M | 553.00M | 534.00M |
| Other cashflows from investing activities | 74.00M | 45.00M | 50.00M | -228.00M | 57.00M |
| Dividends paid | 338.00M | -280.00M | -290.00M | 296.00M | 219.00M |
| Change to inventory | -82.00M | 77.00M | -4.00M | -8.00M | 1.00M |
| Change to account receivables | -26.00M | 194.00M | 275.00M | -465.00M | -1.00M |
| Sale purchase of stock | 0.00M | -150.00M | -6.00M | -150.00M | -200.00M |
| Other cashflows from financing activities | -21.00M | -18.00M | -9.00M | 421.00M | 203.00M |
| Change to netincome | - | - | - | 25.00M | 81.00M |
| Capital expenditures | 864.00M | 1070.00M | 723.00M | 682.00M | 622.00M |
| Change in working capital | -7.00M | 173.00M | -226.00M | 179.00M | 100.00M |
| Stock based compensation | - | - | 12.00M | - | - |
| Other non cash items | 110.00M | -479.00M | -384.00M | 145.00M | 174.00M |
| Free cash flow | 47.00M | 5.00M | 45.00M | 253.00M | 245.00M |
Sector: Utilities Industry: Utilities - Independent Power Producers
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CPX Capital Power Corporation |
0.23 0.37% |
63.99 | 75.02 | 23.75 | 2.76 | 2.34 | 4.72 | 16.73 |
| TA TransAlta Corp |
0.12 0.62% |
18.64 | - | 114.94 | 2.05 | 11.24 | 4.25 | 14.51 |
| TA-PJ TransAlta Corp Pref J |
0.03 0.12% |
26.00 | - | - | 0.90 | - | - | - |
| TA-PD Transalta A Cum Red Rat Rst Prf |
0.09 0.43% |
21.22 | - | - | 0.88 | - | - | - |
| MXG Maxim Power Corp. |
0.25 5.81% |
4.55 | 17.12 | 54.05 | 3.26 | 0.85 | 2.59 | 6.61 |
Capital Power Corporation develops, acquires, owns, and operates utility-scale renewable and flexible generation facilities in Canada and the United States. The company generates electricity from various energy sources, including wind, waste heat, solar, landfill gas, gas, and battery storage. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company owns approximately 12 GW of gross power generation capacity in North America; 180 MW of renewable generation capacity in North Carolina; approximately 170 MW of new battery energy storage systems in Ontario. Capital Power Corporation was founded in 1891 and is headquartered in Edmonton, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Brian Tellef Vaasjo | Pres, CEO & Director | 1955 |
| Ms. Sandra Haskins | Sr. VP of Fin. & CFO | 1959 |
| Mr. Bryan DeNeve | Sr. VP of Operations | 1965 |
| Mr. Christopher L. Kopecky | Sr. VP & Chief Legal, Devel. and Commercial Officer | 1972 |
| Ms. Burness Kathryn Chisholm Icd.D | Sr. VP and Chief Strategy & Sustainability Officer | 1963 |
| Ms. Jacquelyn Marie Pylypiuk | Sr. VP of People, Culture & Technology | 1969 |
| Mr. Randy Mah | Sr. Mang. of Investor Relations | NA |
| Mr. Steve Owens | Sr. VP of Construction & Engineering | 1964 |
| Colleen Legge | Corp. Sec. | NA |
| Mr. Avik Dey | President, CEO & Director | 1978 |
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