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

UpdatedJul 26, 2026
DataAggregated Company Financials
Companies3
  • 7D1.5%
  • 3M8.3%
  • 1Y14.7%
  • YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has risen 1.5%, driven by gains from TransAlta of 3.7%. In the last 12 months, the industry was up 15%. Earnings are forecast to grow by 54% 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
Sun, 26 Jul 2026CA$17.6bCA$6.1b-CA$186,766,000.00254.6x-94.3x2.9x
Tue, 23 Jun 2026CA$17.6bCA$6.1b-CA$186,766,000.00264.6x-94.2x2.9x
Thu, 21 May 2026CA$15.4bCA$6.1b-CA$186,766,000.00227.5x-82.4x2.5x
Sat, 18 Apr 2026CA$16.4bCA$6.1b-CA$13,306,000.0041x-1228.9x2.7x
Mon, 16 Mar 2026CA$15.0bCA$6.1b-CA$16,069,000.0040.4x-934.7x2.5x
Wed, 11 Feb 2026CA$14.9bCA$5.9bCA$203.9m22x73.2x2.5x
Fri, 09 Jan 2026CA$14.6bCA$5.9bCA$203.9m22.1x71.5x2.5x
Sun, 07 Dec 2025CA$15.8bCA$5.9bCA$203.9m22.9x77.3x2.6x
Tue, 04 Nov 2025CA$18.7bCA$6.0bCA$230.1m25.8x81.2x3.1x
Thu, 02 Oct 2025CA$16.1bCA$5.8bCA$256.1m23.3x62.8x2.8x
Sat, 30 Aug 2025CA$14.4bCA$5.8bCA$256.1m21x56.2x2.5x
Mon, 28 Jul 2025CA$14.9bCA$6.3bCA$629.7m19.8x23.7x2.4x
Wed, 25 Jun 2025CA$13.6bCA$6.3bCA$629.7m19.4x21.6x2.2x
Fri, 23 May 2025CA$12.4bCA$6.3bCA$629.7m18.2x19.6x2x
Sun, 20 Apr 2025CA$10.4bCA$6.6bCA$863.9m10.8x12x1.6x
Tue, 18 Mar 2025CA$10.9bCA$6.6bCA$883.8m10x12.4x1.6x
Thu, 13 Feb 2025CA$12.2bCA$6.7bCA$719.8m14.1x16.9x1.8x
Sat, 11 Jan 2025CA$14.4bCA$6.7bCA$719.8m16.2x20x2.2x
Mon, 09 Dec 2024CA$14.9bCA$6.7bCA$719.8m17.1x20.7x2.2x
Wed, 06 Nov 2024CA$11.8bCA$6.7bCA$704.1m14.7x16.7x1.8x
Fri, 04 Oct 2024CA$11.0bCA$7.1bCA$1.2b7.5x9.1x1.5x
Sun, 01 Sep 2024CA$9.6bCA$7.1bCA$1.2b7.5x8x1.3x
Tue, 30 Jul 2024CA$8.6bCA$7.2bCA$1.2b6.5x7x1.2x
Thu, 27 Jun 2024CA$8.3bCA$7.2bCA$1.2b6.6x6.7x1.1x
Sat, 25 May 2024CA$8.0bCA$7.2bCA$1.2b7x6.5x1.1x
Mon, 22 Apr 2024CA$7.6bCA$7.5bCA$1.4b6.5x5.5x1x
Wed, 20 Mar 2024CA$7.9bCA$7.5bCA$1.4b7x5.7x1.1x
Fri, 16 Feb 2024CA$7.7bCA$7.6bCA$1.1b9.1x7.1x1x
Sun, 14 Jan 2024CA$7.7bCA$7.6bCA$1.1b8.2x7.1x1x
Tue, 12 Dec 2023CA$7.9bCA$7.6bCA$1.1b8.5x7.3x1x
Thu, 09 Nov 2023CA$8.1bCA$7.6bCA$1.1b8.6x7.5x1.1x
Sat, 07 Oct 2023CA$8.2bCA$7.2bCA$560.5m14.2x14.6x1.1x
Mon, 04 Sep 2023CA$8.5bCA$7.2bCA$560.5m13.5x15.1x1.2x
Wed, 02 Aug 2023CA$8.6bCA$6.9bCA$411.1m17.9x20.8x1.2x
Price to Earnings Ratio

20.8x


Total Market Cap: CA$8.6bTotal Earnings: CA$411.1mTotal Revenue: CA$6.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average -43x202420252026
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
  • Total earnings for the Independent Power Producers and Energy Traders industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 3.9% per year, which is driving profits down.

Industry Comparison

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

CA Market0.56%
Utilities1.82%
Renewable Energy3.13%
Independent Power Producers and Energy Traders1.45%
Renewable Energy3.86%
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
TA TransAltaCA$19.303.7%
+CA$218.1m		14.9%PS2.8x
CPX Capital PowerCA$71.740.4%
+CA$43.9m		15.4%PE489.4x

Latest News

CPX
CA$71.74
Capital Power
7D
0.4%
1Y
15.4%
Narrative Update • Jul 17

CPX: Fair Value Outlook Will Hinge On Meta Deal And Margins

Capital Power's updated fair value estimate reflects a modest uplift in the implied analyst price target to CA$85, with analysts pointing to current revisions at CIBC and BMO, along with expectations for more tempered sector earnings and weaker renewables conditions as key drivers of their refreshed assumptions. Analyst Commentary Recent Street research on Capital Power shows analysts adjusting their price targets and views as they reassess sector earnings expectations and renewables exposure.
TA
CA$19.30
TransAlta
7D
3.7%
1Y
14.9%
MXG
CA$4.14
Maxim Power
7D
-3.7%
1Y
-9.8%