NPI:CA:TSX-Northland Power Inc.

EQUITY | Utilities - Independent Power Producers | Toronto Stock Exchange

Last Closing

CAD 24.84

Change

+0.49 (+2.01)%

Market Cap

CAD 3.68B

Volume

1.41M

Analyst Target

CAD 27.63
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Northland Power Inc is engaged in the development, construction, ownership and operation of independent power projects. The Company produces electricity from natural gas and renewable sources for sale under long-term power purchase agreements.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-19 )

Largest Industry Peers for Utilities - Independent Power Producers

Symbol Name Price(Change) Market Cap
BEP-UN:CA Brookfield Renewable Partners ..

+0.30 (+0.54%)

CAD 9.91B
AQN:CA Algonquin Power & Utilities Co..

N/A

CAD 8.85B
CSE-PA:CA Capstone Infrastructure Corpor..

+0.02 (+0.16%)

CAD 3.75B
RNW:CA TransAlta Renewables Inc

-0.18 (-1.30%)

CAD 3.62B
PEGI:CA Pattern Energy Group Inc

-0.40 (-1.16%)

CAD 3.37B
TA-PJ:CA TransAlta Corporation

-0.07 (-0.43%)

CAD 2.49B
TA-PD:CA TransAlta Corporation

+0.10 (+0.96%)

CAD 2.48B
TA:CA TransAlta Corporation

-0.03 (-0.38%)

CAD 2.25B
INE:CA Innergex Renewable Energy Inc

-0.03 (-0.19%)

CAD 2.21B
BLX:CA Boralex Inc

+0.12 (+0.54%)

CAD 1.98B

ETFs Containing NPI:CA

ZUT:CA BMO Equal Weight Utilitie.. 0.00 % 0.60 %

-0.07 (1.68%)

CAD 0.26B
PINC:CA Purpose Multi-Asset Incom.. 0.00 % 0.99 %

+0.03 (+1.68%)

CAD 0.13B
NFAM:CA NBI Canadian Family Busin.. 0.00 % 0.00 %

+0.34 (+1.68%)

CAD 1.56M
XUT:CA iShares S&P/TSX Cappe.. 0.00 % 0.62 %

-0.07 (1.68%)

CAD 0.13B
WXM:CA CI First Asset Morningsta.. 0.00 % 0.67 %

+0.05 (+1.68%)

CAD 0.80B
FAI 0.00 % 2.23 %

N/A

N/A
FAI:CA CI First Asset Active Uti.. 0.00 % 1.14 %

N/A

CAD 0.02B
FDV:CA CI First Asset Active Can.. 0.00 % 0.94 %

N/A

CAD 0.04B
DXM:CA CI First Asset Morningsta.. 0.00 % 0.67 %

N/A

CAD 0.01B

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Independent Power Producers) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 14.47% 38% F 63% D
Dividend Return 3.69% 67% D+ 85% B
Total Return 18.16% 38% F 68% D+
Trailing 12 Months  
Capital Gain 9.57% 31% F 79% C+
Dividend Return 5.29% 78% C+ 87% B+
Total Return 14.87% 31% F 81% B-
Trailing 5 Years  
Capital Gain 46.38% 73% C 79% C+
Dividend Return 33.06% 89% B+ 90% A-
Total Return 79.43% 82% B- 85% B
Average Annual (5 Year Horizon)  
Capital Gain 10.64% 85% B 80% B-
Dividend Return 16.08% 92% A- 85% B
Total Return 5.45% 90% A- 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 17.03% 54% F 46% F
Risk Adjusted Return 94.43% 92% A- 88% B+
Market Capitalization 3.68B 88% B+ 88% B+

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Independent Power Producers) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.31 85% B 51% F
Price/Book Ratio 5.66 19% F 10% F
Price / Cash Flow Ratio 3.95 65% D 66% D
Price/Free Cash Flow Ratio 11.08 65% D 28% F
Management Effectiveness  
Return on Equity 29.55% 100% A+ 97% A+
Return on Invested Capital 7.15% 88% B+ 67% D+
Return on Assets 4.36% 88% B+ 76% C
Debt to Equity Ratio 910.11% 13% F 1% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.