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

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies3
  • 7D4.8%
  • 3M9.6%
  • 1Y28.8%
  • YTDn/a

In the last week, the Independent Power Producers and Energy Traders industry is up 4.7%, with all of the companies up. In the last 12 months, the industry was up 28%. Earnings are forecast to grow by 59% 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
Wed, 17 Sep 2025CA$15.0bCA$5.8bCA$256.1m21.7x58.6x2.6x
Fri, 15 Aug 2025CA$14.7bCA$5.8bCA$256.1m21.8x57.6x2.5x
Sun, 13 Jul 2025CA$13.8bCA$6.3bCA$629.7m19.8x22x2.2x
Tue, 10 Jun 2025CA$13.1bCA$6.3bCA$629.7m19.2x20.9x2.1x
Thu, 08 May 2025CA$12.0bCA$6.3bCA$636.9m13x18.9x1.9x
Sat, 05 Apr 2025CA$10.6bCA$6.6bCA$863.9m11.1x12.3x1.6x
Mon, 03 Mar 2025CA$11.9bCA$6.6bCA$883.8m10.6x13.4x1.8x
Wed, 29 Jan 2025CA$12.0bCA$6.7bCA$719.8m13.6x16.7x1.8x
Fri, 27 Dec 2024CA$14.8bCA$6.7bCA$719.8m16.1x20.6x2.2x
Sun, 24 Nov 2024CA$12.8bCA$6.7bCA$719.8m15.4x17.8x1.9x
Tue, 22 Oct 2024CA$11.3bCA$7.1bCA$1.2b8x9.4x1.6x
Thu, 19 Sep 2024CA$10.4bCA$7.1bCA$1.2b7.3x8.6x1.4x
Sat, 17 Aug 2024CA$9.3bCA$7.1bCA$1.2b7.8x7.7x1.3x
Mon, 15 Jul 2024CA$8.7bCA$7.2bCA$1.2b6.6x7.1x1.2x
Wed, 12 Jun 2024CA$8.6bCA$7.2bCA$1.2b6.7x7x1.2x
Fri, 10 May 2024CA$8.1bCA$7.2bCA$1.2b6.9x6.6x1.1x
Sun, 07 Apr 2024CA$7.7bCA$7.5bCA$1.4b6.7x5.5x1x
Tue, 05 Mar 2024CA$8.0bCA$7.4bCA$1.4b7x5.9x1.1x
Thu, 01 Feb 2024CA$7.6bCA$7.6bCA$1.1b8.4x7x1x
Sat, 30 Dec 2023CA$8.0bCA$7.6bCA$1.1b8.6x7.4x1.1x
Mon, 27 Nov 2023CA$7.9bCA$7.6bCA$1.1b8.3x7.3x1x
Wed, 25 Oct 2023CA$7.7bCA$7.2bCA$560.5m13x13.8x1.1x
Fri, 22 Sep 2023CA$8.2bCA$7.2bCA$560.5m12.7x14.6x1.1x
Sun, 20 Aug 2023CA$8.5bCA$7.2bCA$560.5m13.9x15.1x1.2x
Tue, 18 Jul 2023CA$8.5bCA$6.9bCA$411.1m18x20.6x1.2x
Thu, 15 Jun 2023CA$8.8bCA$6.9bCA$411.1m19.7x21.4x1.3x
Sat, 13 May 2023CA$9.1bCA$6.9bCA$409.6m20.4x22.2x1.3x
Mon, 10 Apr 2023CA$8.5bCA$5.8bCA$143.8m51.2x58.8x1.5x
Wed, 08 Mar 2023CA$8.4bCA$5.9bCA$155.4m49.9x53.8x1.4x
Fri, 03 Feb 2023CA$8.8bCA$5.4bCA$269.1m38.6x32.7x1.6x
Sun, 01 Jan 2023CA$8.9bCA$5.4bCA$269.1m36.7x33.2x1.7x
Tue, 29 Nov 2022CA$8.9bCA$5.4bCA$269.1m38x33x1.7x
Thu, 27 Oct 2022CA$8.6bCA$4.9b-CA$250,706,631.0022x-34.5x1.8x
Sat, 24 Sep 2022CA$9.6bCA$4.9b-CA$251,310,888.0024.8x-38x2x
Price to Earnings Ratio

-38x


Total Market Cap: CA$9.6bTotal Earnings: -CA$251,310,888.00Total Revenue: CA$4.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Independent Power Producers and Energy Traders Industry Price to Earnings3Y Average 17.2x202320242025
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 gone up over the last three years, and the industry is now profitable. Revenues have grown 6.0% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

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

CA Market0.73%
Utilities-0.50%
Renewable Energy1.93%
Independent Power Producers and Energy Traders4.77%
Renewable Energy0.67%
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$60.395.4%
+CA$480.4m		24.3%PE23x
TA TransAltaCA$17.763.8%
+CA$192.7m		38.3%PS2.1x
MXG Maxim PowerCA$4.522.5%
+CA$7.0m		18.9%PE20.5x

Latest News

CPX
CA$60.39
Capital Power
7D
5.4%
1Y
24.3%

Capital Power (TSE:CPX) Seems To Be Using A Lot Of Debt

Sep 09
Capital Power (TSE:CPX) Seems To Be Using A Lot Of Debt
MXG
CA$4.52
Maxim Power
7D
2.5%
1Y
18.9%
TA
CA$17.76
TransAlta
7D
3.8%
1Y
38.3%

Alberta Data Center Demand Will Drive Renewable Expansion

The slight increase in TransAlta's future P/E implies a modestly stronger earnings outlook, supporting the upward revision in the consensus analyst price target from CA$18.77 to CA$19.25. What's in the News TransAlta completed the repurchase of 8,263,000 shares (2.75%) for CAD 101.66 million under the buyback announced on May 27, 2024.