Stock NPI NORTHLAND POWER INC.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Northland Power Inc.

Equities

NPI

CA6665111002

Independent Power Producers

Market Closed - Toronto S.E.
Other stock markets
 04:00:00 2024-04-26 pm EDT 		5-day change 1st Jan Change
20.5 CAD -0.82% Intraday chart for Northland Power Inc. -1.16% -14.83%
Apr. 05 National Bank of Canada Raises Q1 Estimates For Northland Power MT
Apr. 03 National Bank of Canada Says Valuations Of Renewable Power Developers 'Remain Depressed, Oversold' MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,908 9,220 8,602 9,146 6,127 5,249 - -
Enterprise Value (EV) 1 11,854 16,374 15,562 14,651 13,240 13,799 16,258 13,191
P/E ratio 16.2 x 26.1 x 46.3 x 10.7 x -33.4 x 16.1 x 12.4 x 10.4 x
Yield 4.41% 2.63% 3.16% 3.23% 4.99% 5.85% 5.85% 5.85%
Capitalization / Revenue 2.96 x 4.47 x 4.11 x 3.73 x 2.74 x 2.29 x 2.25 x 1.93 x
EV / Revenue 7.15 x 7.95 x 7.43 x 5.98 x 5.93 x 6.02 x 6.98 x 4.85 x
EV / EBITDA 12 x 14 x 13.7 x 10.5 x 10.7 x 10.9 x 12.3 x 8.6 x
EV / FCF 9.9 x 14.5 x 13.7 x 38.5 x 31.2 x 45.1 x 54.7 x -
FCF Yield 10.1% 6.89% 7.32% 2.6% 3.2% 2.22% 1.83% -
Price to Book 4.59 x 5.86 x 3.12 x 2.11 x 1.47 x 2.18 x 1.97 x 1.57 x
Nbr of stocks (in thousands) 180,439 201,892 226,670 246,320 254,562 256,042 - -
Reference price 2 27.20 45.67 37.95 37.13 24.07 20.50 20.50 20.50
Announcement Date 2/25/20 2/22/21 2/24/22 2/23/23 2/21/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,659 2,061 2,093 2,449 2,233 2,293 2,330 2,718
EBITDA 1 984.7 1,170 1,137 1,398 1,240 1,263 1,320 1,534
EBIT 1 521.1 900.2 808.6 1,051 741.2 765 743 892
Operating Margin 31.41% 43.69% 38.63% 42.93% 33.19% 33.36% 31.89% 32.82%
Earnings before Tax (EBT) 1 530.5 600.1 423.2 1,260 -57 540.2 658.3 797.3
Net income 1 309 349.6 189.6 827.7 -175.2 349.5 392.5 499.7
Net margin 18.63% 16.96% 9.06% 33.8% -7.85% 15.24% 16.85% 18.38%
EPS 2 1.680 1.750 0.8200 3.460 -0.7200 1.270 1.652 1.972
Free Cash Flow 1 1,198 1,127 1,140 380.5 423.7 305.9 297 -
FCF margin 72.2% 54.71% 54.44% 15.54% 18.98% 13.34% 12.75% -
FCF Conversion (EBITDA) 121.63% 96.35% 100.22% 27.21% 34.18% 24.22% 22.5% -
FCF Conversion (Net income) 387.57% 322.5% 601.13% 45.97% - 87.52% 75.66% -
Dividend per Share 2 1.200 1.200 1.200 1.200 1.200 1.200 1.200 1.200
Announcement Date 2/25/20 2/22/21 2/24/22 2/23/23 2/21/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 432.1 640.1 695.1 556.8 555.9 641.1 621.7 471.5 513.3 626.2 699.8 496.2 503.1 593.6 -
EBITDA 1 265.2 363.6 420.1 335.2 289.8 353.1 351.7 232.3 267.3 388.7 400.9 258.1 265.9 337.7 -
EBIT 89.02 295.5 373.7 231.6 216.5 229.6 272.5 102.6 - - - - - - -
Operating Margin 20.6% 46.16% 53.77% 41.59% 38.94% 35.8% 43.84% 21.76% - - - - - - -
Earnings before Tax (EBT) 1 22.31 209.4 388.1 353.6 123.5 394.9 146 58.83 61.67 -323.5 252.5 89.5 114.5 157 -
Net income 1 -9.465 121.3 229.1 238 81.66 278.9 69.89 2.82 36.17 -285.6 152.3 44.9 55.77 104.2 -
Net margin -2.19% 18.94% 32.97% 42.75% 14.69% 43.5% 11.24% 0.6% 7.05% -45.61% 21.77% 9.05% 11.08% 17.56% -
EPS 2 -0.0500 0.4500 0.9900 1.010 0.3300 1.140 0.2700 0.0100 0.1400 -1.140 0.5540 0.1600 0.1400 0.3500 0.5100
Dividend per Share 2 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 -
Announcement Date 11/10/21 2/24/22 5/10/22 8/11/22 11/10/22 2/23/23 5/9/23 8/10/23 11/9/23 2/21/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,947 7,154 6,960 5,505 7,113 8,550 11,009 7,942
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 7.054 x 6.114 x 6.122 x 3.937 x 5.736 x 6.768 x 8.339 x 5.177 x
Free Cash Flow 1 1,198 1,127 1,140 380 424 306 297 -
ROE (net income / shareholders' equity) - 26.5% 8.33% 23.2% 10.3% 5.7% 4.6% 5.75%
ROA (Net income/ Total Assets) - 3.2% 1.56% 6.11% 3.18% 1.2% 0.5% 1%
Assets 1 - 10,939 12,136 13,547 -5,511 29,127 78,504 49,967
Book Value Per Share 2 5.930 7.790 12.20 17.60 16.40 9.410 10.40 13.10
Cash Flow per Share 2 6.530 6.730 7.350 7.760 3.110 4.150 3.700 4.730
Capex 1 766 227 470 453 441 2,745 3,016 3,174
Capex / Sales 46.18% 11% 22.44% 18.48% 19.76% 119.73% 129.42% 116.78%
Announcement Date 2/25/20 2/22/21 2/24/22 2/23/23 2/21/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Northland Power Inc.

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
20.5 CAD
Average target price
29.23 CAD
Spread / Average Target
+42.59%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Renewable IPPs

1st Jan change Capi.
NORTHLAND POWER INC. Stock Northland Power Inc.
-14.83% 3.83B
ADANI GREEN ENERGY LIMITED Stock Adani Green Energy Limited
+13.13% 34.31B
HUANENG LANCANG RIVER HYDROPOWER INC. Stock Huaneng Lancang River Hydropower Inc.
+12.05% 24.02B
EDP RENOVÁVEIS, S.A. Stock EDP Renováveis, S.A.
-30.63% 14.05B
ENGIE BRASIL ENERGIA S.A. Stock Engie Brasil Energia S.A.
-12.22% 6.33B
ERG S.P.A. Stock ERG S.p.A.
-13.37% 3.89B
ENCAVIS AG Stock Encavis AG
+8.47% 2.91B
RENANTIS S.P.A Stock Renantis S.p.A
-.--% 2.89B
CLEARWAY ENERGY, INC. Stock Clearway Energy, Inc.
-15.72% 2.65B
ZHEJIANG PROVINCIAL NEW ENERGY INVESTMENT GROUP CO., LTD. Stock Zhejiang Provincial New Energy Investment Group Co., Ltd.
-11.17% 2.38B
Renewable IPPs
  1. Stock Market
  2. Equities
  3. NPI Stock
  4. Financials Northland Power Inc.