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Canadian (TSX) Independent Power Producers and Energy Traders Industry Analysis

UpdatedDec 05, 2025
DataAggregated Company Financials
Companies3
  • 7D0.3%
  • 3M12.0%
  • 1Y-4.0%
  • YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has remained flat. As for the longer term, the industry has declined 4.0% in the last year. Looking forward, earnings are forecast to grow by 55% annually.

Industry Valuation and Performance

Has the Canadian Independent Power Producers and Energy Traders Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Dec 2025CA$15.9bCA$5.9bCA$203.9m22.8x77.9x2.7x
Mon, 03 Nov 2025CA$18.7bCA$6.0bCA$230.1m24.8x81.2x3.1x
Wed, 01 Oct 2025CA$16.0bCA$5.8bCA$256.1m22.7x62.6x2.8x
Fri, 29 Aug 2025CA$14.0bCA$5.8bCA$256.1m21.2x54.8x2.4x
Sun, 27 Jul 2025CA$14.9bCA$6.3bCA$629.7m19.8x23.7x2.4x
Tue, 24 Jun 2025CA$13.4bCA$6.3bCA$629.7m19.5x21.3x2.1x
Thu, 22 May 2025CA$12.5bCA$6.3bCA$629.7m18.4x19.8x2x
Sat, 19 Apr 2025CA$10.4bCA$6.6bCA$863.9m10.8x12x1.6x
Mon, 17 Mar 2025CA$10.9bCA$6.6bCA$883.8m9.8x12.4x1.6x
Wed, 12 Feb 2025CA$12.3bCA$6.7bCA$719.8m14x17.2x1.8x
Fri, 10 Jan 2025CA$14.6bCA$6.7bCA$719.8m16.1x20.2x2.2x
Sun, 08 Dec 2024CA$14.9bCA$6.7bCA$719.8m17.1x20.7x2.2x
Tue, 05 Nov 2024CA$11.7bCA$7.1bCA$1.1b8.3x10.5x1.7x
Thu, 03 Oct 2024CA$10.8bCA$7.1bCA$1.2b7.5x9x1.5x
Sat, 31 Aug 2024CA$9.6bCA$7.1bCA$1.2b7.5x8x1.3x
Mon, 29 Jul 2024CA$8.6bCA$7.2bCA$1.2b6.7x7x1.2x
Wed, 26 Jun 2024CA$8.3bCA$7.2bCA$1.2b6.7x6.8x1.1x
Fri, 24 May 2024CA$8.1bCA$7.2bCA$1.2b6.9x6.6x1.1x
Sun, 21 Apr 2024CA$7.6bCA$7.5bCA$1.4b6.5x5.5x1x
Tue, 19 Mar 2024CA$8.0bCA$7.5bCA$1.4b7x5.8x1.1x
Thu, 15 Feb 2024CA$7.7bCA$7.6bCA$1.1b9x7.1x1x
Sat, 13 Jan 2024CA$7.7bCA$7.6bCA$1.1b8.2x7.1x1x
Mon, 11 Dec 2023CA$8.1bCA$7.6bCA$1.1b8.7x7.5x1.1x
Wed, 08 Nov 2023CA$8.1bCA$7.6bCA$801.5m8.7x10.1x1.1x
Fri, 06 Oct 2023CA$8.3bCA$7.2bCA$560.5m14.4x14.8x1.2x
Sun, 03 Sep 2023CA$8.5bCA$7.2bCA$560.5m13.5x15.1x1.2x
Tue, 01 Aug 2023CA$8.6bCA$6.9bCA$411.1m18.1x20.9x1.2x
Thu, 29 Jun 2023CA$8.4bCA$6.9bCA$411.1m18.8x20.5x1.2x
Sat, 27 May 2023CA$8.8bCA$6.9bCA$411.1m19.7x21.4x1.3x
Mon, 24 Apr 2023CA$8.4bCA$5.8bCA$143.8m50.7x58.6x1.4x
Wed, 22 Mar 2023CA$7.9bCA$5.8bCA$143.8m48.3x55x1.4x
Fri, 17 Feb 2023CA$8.6bCA$5.4bCA$268.4m36.9x31.9x1.6x
Sun, 15 Jan 2023CA$8.9bCA$5.4bCA$269.1m38.2x33.3x1.7x
Tue, 13 Dec 2022CA$9.5bCA$5.4bCA$269.1m39.4x35.2x1.8x
Price to Earnings Ratio

35.2x


Total Market Cap: CA$9.5bTotal Earnings: CA$269.1mTotal Revenue: CA$5.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 23.3x202320242025
Current Industry PE
    There are only 3 companies in the Canadian Independent Power Producers and Energy Traders industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Independent Power Producers and Energy Traders industry have declined 8.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Independent Power Producers and Energy Traders compare with similar industries?

CA Market0.42%
Utilities-1.92%
Renewable Energy-0.50%
Independent Power Producers and Energy Traders0.27%
Renewable Energy-0.86%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CPX Capital PowerCA$62.351.7%
+CA$158.7m		-8.1%PE25.3x
MXG Maxim PowerCA$4.474.4%
+CA$12.1m		-11.8%PE20.4x

Latest News

CPX
CA$62.35
Capital Power
7D
1.7%
1Y
-8.1%

CPX: Future Performance Will Reflect Long Term Contracted Cash Flow Upside

Analysts have lifted their consolidated price target for Capital Power to about C$80, reflecting increased confidence in the company’s underappreciated growth profile, resilient margins, and U.S.-like expansion prospects. Analyst Commentary Recent Street research points to a broadly constructive view on Capital Power, with multiple firms raising their price targets and reiterating positive ratings in quick succession.
CBLU
CA$0.045
Clear Blue Technologies International
7D
-10.0%
1Y
-50.0%
TA
CA$19.45
TransAlta
7D
-4.3%
1Y
1.8%

TA: Upcoming Leadership Shift And Rising Production Will Drive Future Upside

Analysts have slightly raised their price target for TransAlta from $23.36 to $23.59. They cite expectations for stronger revenue growth, despite a more conservative profit margin outlook and higher projected future price-to-earnings ratios.
MXG
CA$4.47
Maxim Power
7D
4.4%
1Y
-11.8%