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Maxim Power Corp.

TSX:MXG Stock Report

Market Cap: CA$291.6m

Maxim Power (MXG) Stock Overview

An independent power producer, develops, owns, and operates power and power related projects in Canada. More details

MXG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

Risk Analysis

Large one-off items impacting financial results

Shareholders have been diluted in the past year

Profit margins (16.9%) are lower than last year (40.7%)


MXG Community Fair Values

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Maxim Power Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Maxim Power
Historical stock prices
Current Share PriceCA$4.58
52 Week HighCA$6.53
52 Week LowCA$3.63
Beta0.69
1 Month Change2.92%
3 Month Change15.08%
1 Year Change13.09%
3 Year Change41.36%
5 Year Change118.10%
Change since IPO-52.29%

Recent News & Updates

Maxim Power's (TSE:MXG) Problems Go Beyond Weak Profit

Mar 31
Maxim Power's (TSE:MXG) Problems Go Beyond Weak Profit

Recent updates

Maxim Power's (TSE:MXG) Problems Go Beyond Weak Profit

Mar 31
Maxim Power's (TSE:MXG) Problems Go Beyond Weak Profit

Returns At Maxim Power (TSE:MXG) Are On The Way Up

Dec 31
Returns At Maxim Power (TSE:MXG) Are On The Way Up

Maxim Power Corp.'s (TSE:MXG) 29% Share Price Surge Not Quite Adding Up

Nov 10
Maxim Power Corp.'s (TSE:MXG) 29% Share Price Surge Not Quite Adding Up

Maxim Power's (TSE:MXG) Earnings Quality Is Low

Mar 22
Maxim Power's (TSE:MXG) Earnings Quality Is Low

Maxim Power (TSE:MXG) Takes On Some Risk With Its Use Of Debt

Oct 04
Maxim Power (TSE:MXG) Takes On Some Risk With Its Use Of Debt

Maxim Power's (TSE:MXG) Returns On Capital Are Heading Higher

Jun 03
Maxim Power's (TSE:MXG) Returns On Capital Are Heading Higher

We Think Maxim Power (TSE:MXG) Has A Fair Chunk Of Debt

Sep 16
We Think Maxim Power (TSE:MXG) Has A Fair Chunk Of Debt

Cautious Investors Not Rewarding Maxim Power Corp.'s (TSE:MXG) Performance Completely

Aug 05
Cautious Investors Not Rewarding Maxim Power Corp.'s (TSE:MXG) Performance Completely

Maxim Power (TSE:MXG) Shareholders Will Want The ROCE Trajectory To Continue

Jul 07
Maxim Power (TSE:MXG) Shareholders Will Want The ROCE Trajectory To Continue

Does Maxim Power (TSE:MXG) Have A Healthy Balance Sheet?

Nov 13
Does Maxim Power (TSE:MXG) Have A Healthy Balance Sheet?

Is Maxim Power (TSE:MXG) Using Too Much Debt?

Jul 01
Is Maxim Power (TSE:MXG) Using Too Much Debt?

Would Maxim Power (TSE:MXG) Be Better Off With Less Debt?

Mar 10
Would Maxim Power (TSE:MXG) Be Better Off With Less Debt?

Are Insiders Buying Maxim Power Corp. (TSE:MXG) Stock?

Jan 01
Are Insiders Buying Maxim Power Corp. (TSE:MXG) Stock?

Shareholder Returns

MXGCA Renewable EnergyCA Market
7D0.2%-0.6%0.4%
1Y13.1%4.4%17.9%

Return vs Industry: MXG exceeded the Canadian Renewable Energy industry which returned 4.4% over the past year.

Return vs Market: MXG underperformed the Canadian Market which returned 17.9% over the past year.

Price Volatility

Is MXG's price volatile compared to industry and market?
MXG volatility
MXG Average Weekly Movement4.8%
Renewable Energy Industry Average Movement4.1%
Market Average Movement8.8%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: MXG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MXG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a46Bob Emmottmaximpowercorp.com

Maxim Power Corp., an independent power producer, develops, owns, and operates power and power related projects in Canada. The company operates Milner power plant(M2), a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company is headquartered in Calgary, Canada.

Maxim Power Corp. Fundamentals Summary

How do Maxim Power's earnings and revenue compare to its market cap?
MXG fundamental statistics
Market capCA$291.63m
Earnings (TTM)CA$14.73m
Revenue (TTM)CA$86.97m
19.8x
P/E Ratio
3.4x
P/S Ratio

Is MXG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MXG income statement (TTM)
RevenueCA$86.97m
Cost of RevenueCA$56.90m
Gross ProfitCA$30.07m
Other ExpensesCA$15.34m
EarningsCA$14.73m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin34.57%
Net Profit Margin16.93%
Debt/Equity Ratio0%

How did MXG perform over the long term?

See historical performance and comparison

Dividends

10.9%
Current Dividend Yield
n/a
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/12 21:27
End of Day Share Price 2025/07/10 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Maxim Power Corp. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
MacMurray WhaleCormark Securities Inc.
Jeremy RosenfieldDesjardins Securities Inc.
Steven PagetFirstEnergy Capital Corp.