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Capital Power: Top 10 Undervalued Utilities Sector Stocks on TSX (CPX)

AI-generated - The Globe and Mail - Wed Aug 21, 8:43PM CDT

Capital Power is now ranked among the top 10 undervalued stocks in the Utilities sector on the Toronto Stock Exchange.

  • A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
  • Valuation methodology provided by Stockcalc (see below)

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
ACO-XAtco--- (0.0%)0.04.313.0
ACO-YAtco--- (0.0%)0.04.313.2
AQNAlgonquin Power--- (0.0%)0.08.232.9
ARRAltius Renewable--- (0.0%)0.00.00.0
BEP-UNBrookfield Renewable--- (0.0%)0.05.80.0
BEPCBrookfield Renewable--- (0.0%)0.04.96.8
BIP-UNBrookfield Infr Partners--- (0.0%)0.04.90.0
BIPCBrookfield Infrastructure--- (0.0%)0.04.03.9
BLXBoralex--- (0.0%)0.02.035.1
CPXCapital Power--- (0.0%)0.05.68.8

All data provided as of August 21, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Capital Power

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.

Capital Power is listed under CPX on the Toronto Stock Exchange.

Stockcalc

StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.

Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:

  • Discounted Cash Flow (DCF)
  • Price & Other Comparables
  • Multiples
  • Adjusted Book Value (ABV)
  • Analyst Consensus

Artificial Intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.