Capital Power Corporation

DB:2CP Stock Report

Market Cap: €7.1b

Capital Power Valuation

Is 2CP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 2CP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 2CP (€44.2) is trading below our estimate of future cash flow value (€83.58)

Significantly Below Future Cash Flow Value: 2CP is trading below future cash flow value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2CP?

Key metric: As 2CP is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2CP. This is calculated by dividing 2CP's market cap by their current revenue.
What is 2CP's PS Ratio?
PS Ratio3x
SalesCA$3.84b
Market CapCA$11.55b

Price to Sales Ratio vs Peers

How does 2CP's PS Ratio compare to its peers?

The above table shows the PS ratio for 2CP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
UN0 Uniper
0.3x3.08%€17.9b
RWE RWE
2.5x9.80%€40.9b
MVV1 MVV Energie
0.4xn/a€2.0b
MNV6 Mainova
0.7xn/a€2.9b
2CP Capital Power
3x4.15%€11.5b

Price-To-Sales vs Peers: 2CP is expensive based on its Price-To-Sales Ratio (3x) compared to the peer average (1x).


Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Sales Ratio vs Industry

How does 2CP's PS Ratio compare vs other companies in the European Renewable Energy Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
2CP 3.0xIndustry Avg. 2.8xNo. of Companies16PS02.85.68.411.214+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2CP is expensive based on its Price-To-Sales Ratio (3x) compared to the European Renewable Energy industry average (2.8x).


Price to Sales Ratio vs Fair Ratio

What is 2CP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2CP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3x
Fair PS Ratio0.6x

Price-To-Sales vs Fair Ratio: 2CP is expensive based on its Price-To-Sales Ratio (3x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 2CP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€44.20
€46.24
+4.62%
11.71%€54.18€32.32n/a13
Jun ’27€44.60
€46.26
+3.71%
11.01%€50.96€32.63n/a13
May ’27€39.00
€46.54
+19.33%
11.29%€51.43€32.30n/a12
Apr ’27€40.80
€46.74
+14.56%
11.41%€51.42€32.29n/a12
Mar ’27€38.80
€46.17
+18.99%
11.50%€50.79€31.90n/a12
Feb ’27€38.00
€46.28
+21.79%
11.19%€50.80€31.90n/a12
Jan ’27€36.60
€46.12
+26.02%
10.96%€50.18€31.90n/a12
Dec ’26€37.60
€46.28
+23.09%
11.16%€50.91€31.59n/a12
Nov ’26€43.20
€46.95
+8.68%
10.71%€51.30€31.83n/a12
Oct ’26€39.80
€41.44
+4.13%
10.10%€49.05€31.58n/a11
Sep ’26€35.40
€40.08
+13.21%
10.52%€46.57€29.80n/a11
Aug ’26€36.60
€41.30
+12.83%
10.97%€47.41€30.34n/a12
Jul ’26€34.00
€40.65
+19.57%
6.86%€47.67€36.38€45.4011
Jun ’26€35.00
€41.46
+18.45%
7.08%€48.75€37.20€44.6011
May ’26€32.20
€41.30
+28.25%
7.06%€48.62€37.11€39.0011
Apr ’26€30.60
€43.46
+42.03%
5.88%€49.88€40.16€40.8011
Mar ’26€33.60
€44.96
+33.82%
6.08%€51.33€41.33€38.8011
Feb ’26€36.00
€43.94
+22.04%
13.72%€52.59€26.63€38.0011
Jan ’26€42.60
€43.87
+2.98%
13.76%€52.95€26.81€36.6011
Dec ’25€41.60
€38.20
-8.18%
11.94%€44.54€27.00€37.6010
Nov ’25€37.20
€36.78
-1.13%
10.80%€40.94€26.41€43.2010
Oct ’25€32.60
€31.67
-2.85%
11.70%€40.18€26.78€39.8010
Sep ’25€29.80
€30.12
+1.09%
8.20%€35.91€26.60€35.4010
Aug ’25€28.40
€30.00
+5.63%
7.32%€35.40€26.72€36.6011
Jul ’25€26.40
€28.58
+8.24%
10.44%€35.53€25.28€34.0011
€44.99
Fair Value
1.8% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 04:03
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Capital Power Corporation is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Cormark
Benjamin PhamBMO Capital Markets Equity Research
Thomas Sellers MericBrean Capital Historical (Janney Montgomery)