Northland Power Inc (TSE:NPI) Has Attractive Fundamentals, Here’s Why

Attractive stocks have exceptional fundamentals. In the case of Northland Power Inc (TSE:NPI), there’s is a company with an optimistic growth outlook, which has not yet been factored into the price. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Northland Power here.

Good value with reasonable growth potential

NPI’s share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. Investors have the opportunity to buy into the stock to reap capital gains, if NPI’s projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. Compared to the rest of the renewable energy industry, NPI is also trading below its peers, relative to earnings generated. This bolsters the proposition that NPI’s price is currently discounted.

TSX:NPI Future Profit June 18th 18
TSX:NPI Future Profit June 18th 18

Next Steps:

For Northland Power, I’ve compiled three fundamental factors you should further examine:

  1. Historical Performance: What has NPI’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  2. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NPI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!