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

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies3
  • 7D-1.9%
  • 3M-21.2%
  • 1Y-11.1%
  • YTDn/a

In the last week, the Independent Power Producers and Energy Traders industry is up 3.1%, with Capital Power up 4.1%. In the past year, the industry is down 5.3%. As for the next few years, earnings are expected to grow by 50% per annum.

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, 17 Jan 2026CA$14.9bCA$5.9bCA$203.9m21.8x73.2x2.5x
Mon, 15 Dec 2025CA$15.5bCA$5.9bCA$203.9m22.4x76.1x2.6x
Wed, 12 Nov 2025CA$17.3bCA$5.9bCA$203.9m23.7x85.1x2.9x
Fri, 10 Oct 2025CA$18.1bCA$5.8bCA$256.1m24.1x70.5x3.1x
Sun, 07 Sep 2025CA$14.1bCA$5.8bCA$256.1m20.8x55.2x2.4x
Tue, 05 Aug 2025CA$14.1bCA$5.8bCA$256.7m20.9x55x2.4x
Thu, 03 Jul 2025CA$13.1bCA$6.3bCA$629.7m20x20.9x2.1x
Sat, 31 May 2025CA$12.8bCA$6.3bCA$629.7m18.9x20.3x2x
Mon, 28 Apr 2025CA$11.8bCA$6.6bCA$863.9m11.8x13.7x1.8x
Wed, 26 Mar 2025CA$11.4bCA$6.6bCA$863.9m13.2x13.2x1.7x
Fri, 21 Feb 2025CA$12.3bCA$6.8bCA$738.8m14.6x16.6x1.8x
Sun, 19 Jan 2025CA$15.2bCA$6.7bCA$719.8m16.6x21.1x2.3x
Tue, 17 Dec 2024CA$14.2bCA$6.7bCA$719.8m15.7x19.7x2.1x
Thu, 14 Nov 2024CA$11.8bCA$6.7bCA$719.8m14.5x16.5x1.8x
Sat, 12 Oct 2024CA$11.0bCA$7.1bCA$1.2b7.5x9.1x1.5x
Mon, 09 Sep 2024CA$9.8bCA$7.1bCA$1.2b7.3x8.1x1.4x
Wed, 07 Aug 2024CA$9.1bCA$7.1bCA$1.2b6.4x7.5x1.3x
Fri, 05 Jul 2024CA$8.1bCA$7.2bCA$1.2b6.6x6.6x1.1x
Sun, 02 Jun 2024CA$8.3bCA$7.2bCA$1.2b6.7x6.7x1.1x
Tue, 30 Apr 2024CA$7.6bCA$7.5bCA$1.4b6.4x5.5x1x
Thu, 28 Mar 2024CA$7.9bCA$7.5bCA$1.4b6.9x5.7x1.1x
Sat, 24 Feb 2024CA$8.1bCA$7.6bCA$1.1b9.3x7.5x1.1x
Mon, 22 Jan 2024CA$7.7bCA$7.6bCA$1.1b8.5x7.1x1x
Wed, 20 Dec 2023CA$8.1bCA$7.6bCA$1.1b8.6x7.4x1.1x
Fri, 17 Nov 2023CA$8.4bCA$7.6bCA$1.1b8.9x7.7x1.1x
Sun, 15 Oct 2023CA$8.1bCA$7.2bCA$560.5m13.7x14.5x1.1x
Tue, 12 Sep 2023CA$8.5bCA$7.2bCA$560.5m13.6x15.2x1.2x
Thu, 10 Aug 2023CA$8.5bCA$7.2bCA$563.1m14.1x15.2x1.2x
Sat, 08 Jul 2023CA$8.2bCA$6.9bCA$411.1m17.8x20.1x1.2x
Mon, 05 Jun 2023CA$9.1bCA$6.9bCA$411.1m20.2x22x1.3x
Wed, 03 May 2023CA$8.7bCA$6.6bCA$307.8m20.1x28.4x1.3x
Fri, 31 Mar 2023CA$8.1bCA$5.8bCA$143.8m49.1x56.6x1.4x
Sun, 26 Feb 2023CA$8.3bCA$5.6bCA$183.4m39.4x45.3x1.5x
Tue, 24 Jan 2023CA$9.1bCA$5.4bCA$269.1m38.7x33.7x1.7x
Price to Earnings Ratio

33.7x


Total Market Cap: CA$9.1bTotal 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 24.9x202420252026
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 Market1.62%
Utilities0.88%
Renewable Energy2.85%
Independent Power Producers and Energy Traders-1.95%
Renewable Energy5.13%
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$17.451.2%
+CA$62.3m		-15.6%PS2.1x

Latest News

TA
CA$17.45
TransAlta
7D
1.2%
1Y
-15.6%
CPX
CA$57.22
Capital Power
7D
-3.6%
1Y
-7.9%

CPX: Future Returns Will Reflect Long Term Contracted And Merchant Cash Flows

Analysts have raised their price targets on Capital Power into a C$73 to C$85 range, with several firms moving to around C$80 to C$82, citing updated views on valuation inputs such as discount rates and future P/E assumptions. Analyst Commentary Recent Street research shows a tight cluster of targets between C$73 and C$85, with several bullish analysts moving into the C$80 to C$82 area.
CBLU
CA$0.07
Clear Blue Technologies International
7D
-12.5%
1Y
-61.1%
MXG
CA$4.46
Maxim Power
7D
-0.7%
1Y
-24.7%