ATP:CA:TSX-Atlantic Power Corporation (CAD)

COMMON STOCK | Utilities-Independent Power Producers | TSX

Last Closing Price

CAD 3.61

Change

0.00 (0.00)%

Market Cap

CAD 0.32B

Volume

7.96K

Avg Analyst Target

N/A

Avg User Target

CAD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2020, its portfolio consisted of twenty-one operating projects with an aggregate electric generating capacity of approximately 1,723 megawatts on a gross ownership basis and approximately 1,327 MW on a net ownership basis across eleven states in the United States and two provinces in Canada. The company sells its electricity to utilities and other customers. The company was incorporated in 2004 and is headquartered in Dedham, Massachusetts. As of May 14, 2021, Atlantic Power Corporation was taken private.

Company Website : http://www.atlanticpower.com

Address : 3 Allied Drive, Dedham, MA, United States, 02026

Employees : 261

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.09

52 Week High : 3.87

Short Ratio : 82.89

52 Week Low : 2.51

Shorted Shares : 4,288,935

200 Day Moving Average : 3.31

Shorted Shares Previous Month : 6,510,851

50 Day Moving Average : 3.72

Shares Held By Insiders : 4.27%

Short Percentage : 5.00%

Shares Held by Institutions : 48.17%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-07-25 )

Largest Industry Peers for Utilities-Independent Power Producers

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CPX:CA Capital Power Corporation

N/A

 CAD4.71B 23.97 8.17
TA-PJ:CA TransAlta Corporation

N/A

 CAD3.52B 70.71 N/A
CPX-PK:CA Capital Power Corporation

N/A

 CAD3.49B 15.51 N/A
TA-PD:CA TransAlta Corporation

N/A

 CAD3.39B 40.54 N/A
TA:CA TransAlta Corporation

N/A

 CAD3.37B 27.90 9.94
CPX-PI:CA Capital Power Corporation

N/A

 CAD3.36B 14.90 N/A
CPX-PG:CA Capital Power Corporation

N/A

 CAD3.28B 14.94 N/A
MXG:CA Maxim Power Corp

N/A

 CAD0.14B 3.97 3.27

ETFs Containing ATP:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Independent Power Producers)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 35.21% N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 35.21% N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain 31.75% N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 31.75% N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain 8.08% N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.08% N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 0.39% 33% F 23% F
Dividend Return N/A N/A N/A 4% F
Total Return 0.39% 33% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 17.22% 100% A+ 55% F
Risk Adjusted Return 2.24% 33% F 17% F
Market Capitalization 0.32B N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Independent Power Producers)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.12 N/A N/A N/A N/A
Price/Book Ratio 14.31 N/A N/A N/A N/A
Price / Cash Flow Ratio 3.02 N/A N/A N/A N/A
EV/EBITDA 7.38 N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 30.30% N/A N/A N/A N/A
Return on Invested Capital 7.76% N/A N/A N/A N/A
Return on Assets 2.16% N/A N/A N/A N/A
Debt to Equity Ratio -4,590.20% N/A N/A N/A N/A
Technical Ratios  
Short Ratio 82.89 N/A N/A N/A N/A
Short Percent 5.10% N/A N/A N/A N/A
Beta 0.09 N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.