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Capstone Turbine

Nasdaq:CPST
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CPST
Nasdaq
$62M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. The last earnings update was 78 days ago. More info.


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  • Capstone Turbine has significant price volatility in the past 3 months.
CPST Share Price and Events
7 Day Returns
-6.3%
NasdaqCM:CPST
0.7%
US Electrical
0.7%
US Market
1 Year Returns
23.3%
NasdaqCM:CPST
-13.1%
US Electrical
-8.1%
US Market
CPST Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Capstone Turbine (CPST) -6.3% 58.9% 8.7% 23.3% -28.2% -97.1%
US Electrical 0.7% 9.8% 1.3% -13.1% 39.3% 0.8%
US Market 0.7% 10.2% -1% -8.1% 38.8% 38.9%
1 Year Return vs Industry and Market
  • CPST outperformed the Electrical industry which returned -13.1% over the past year.
  • CPST outperformed the Market in United States of America which returned -8.1% over the past year.
Price Volatility
CPST
Industry
5yr Volatility vs Market

Value

 Is Capstone Turbine undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Capstone Turbine to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Capstone Turbine.

NasdaqCM:CPST Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:CPST
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.138 (1 + (1- 21%) (20.54%))
1.322
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.322 * 7.27%)
12.34%

Discounted Cash Flow Calculation for NasdaqCM:CPST using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Capstone Turbine is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:CPST DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) -17.75 -0.45 3.50 5.20 4.54
Source Analyst x2 Analyst x2 Analyst x1 Analyst x1 Est @ -12.71%
Present Value
Discounted (@ 12.34%)
-15.80 -0.36 2.47 3.26 2.54
Present value of next 5 years cash flows $-7.89
NasdaqCM:CPST DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $4.54 × (1 + 2.73%) ÷ (12.34% – 2.73%)
$48.51
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $48.51 ÷ (1 + 12.34%)5
$27.11
NasdaqCM:CPST Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $-7.89 + $27.11
$19.22
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $19.22 / 68.42
$0.28
NasdaqCM:CPST Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.28
Current discount Discount to share price of $0.92
= -1 x ($0.92 - $0.28) / $0.28
-227%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Capstone Turbine is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Capstone Turbine's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Capstone Turbine's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CPST PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.19
NasdaqCM:CPST Share Price ** NasdaqCM (2019-01-23) in USD $0.92
United States of America Electrical Industry PE Ratio Median Figure of 31 Publicly-Listed Electrical Companies 15.48x
United States of America Market PE Ratio Median Figure of 3,026 Publicly-Listed Companies 16.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Capstone Turbine.

NasdaqCM:CPST PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CPST Share Price ÷ EPS (both in USD)

= 0.92 ÷ -0.19

-4.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capstone Turbine is loss making, we can't compare its value to the US Electrical industry average.
  • Capstone Turbine is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Capstone Turbine's expected growth come at a high price?
Raw Data
NasdaqCM:CPST PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
79.5%per year
United States of America Electrical Industry PEG Ratio Median Figure of 20 Publicly-Listed Electrical Companies 1.3x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Capstone Turbine, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Capstone Turbine's assets?
Raw Data
NasdaqCM:CPST PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.37
NasdaqCM:CPST Share Price * NasdaqCM (2019-01-23) in USD $0.92
United States of America Electrical Industry PB Ratio Median Figure of 61 Publicly-Listed Electrical Companies 1.64x
United States of America Market PB Ratio Median Figure of 5,102 Publicly-Listed Companies 1.75x
NasdaqCM:CPST PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CPST Share Price ÷ Book Value per Share (both in USD)

= 0.92 ÷ 0.37

2.49x

* Primary Listing of Capstone Turbine.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Capstone Turbine is overvalued based on assets compared to the US Electrical industry average.
X
Value checks
We assess Capstone Turbine's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Capstone Turbine has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Capstone Turbine expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
79.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Capstone Turbine expected to grow at an attractive rate?
  • Capstone Turbine's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Capstone Turbine's earnings growth is expected to exceed the United States of America market average.
  • Capstone Turbine's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CPST Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CPST Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 79.5%
NasdaqCM:CPST Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 13.3%
United States of America Electrical Industry Earnings Growth Rate Market Cap Weighted Average 10.6%
United States of America Electrical Industry Revenue Growth Rate Market Cap Weighted Average 5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.6%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CPST Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CPST Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 157 18 2
2022-03-31 134 6 8 3
2021-03-31 120 5 4 3
2020-03-31 106 -2 -1 6
2019-03-31 90 -16 -15 6
NasdaqCM:CPST Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 87 -15 -12
2018-06-30 85 -14 -11
2018-03-31 83 -9 -10
2017-12-31 85 -12 -11
2017-09-30 82 -14 -23
2017-06-30 77 -17 -25
2017-03-31 77 -19 -25
2016-12-31 73 -22 -26
2016-09-30 74 -14 -22
2016-06-30 77 -18 -24
2016-03-31 85 -22 -25
2015-12-31 96 -22 -34

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Capstone Turbine's earnings are expected to grow significantly at over 20% yearly.
  • Capstone Turbine's revenue is expected to grow by 13.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CPST Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Capstone Turbine Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CPST Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31 0.25 0.25 0.25 1.00
2022-03-31 0.11 0.16 0.06 2.00
2021-03-31 0.06 0.09 0.02 2.00
2020-03-31 -0.02 0.04 -0.06 6.00
2019-03-31 -0.23 -0.22 -0.26 6.00
NasdaqCM:CPST Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.19
2018-06-30 -0.19
2018-03-31 -0.20
2017-12-31 -0.25
2017-09-30 -0.58
2017-06-30 -0.70
2017-03-31 -0.79
2016-12-31 -0.92
2016-09-30 -0.89
2016-06-30 -1.14
2016-03-31 -1.39
2015-12-31 -2.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Capstone Turbine will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Capstone Turbine's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Capstone Turbine has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Capstone Turbine performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Capstone Turbine's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Capstone Turbine does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Capstone Turbine's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Capstone Turbine's 1-year growth to the US Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Capstone Turbine's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Capstone Turbine Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CPST Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 87.19 -11.52 19.91 3.57
2018-06-30 84.79 -10.83 19.40 3.82
2018-03-31 82.84 -10.03 18.71 4.04
2017-12-31 84.70 -10.94 18.84 4.38
2017-09-30 82.12 -22.62 19.63 4.70
2017-06-30 77.34 -24.82 19.87 4.92
2017-03-31 77.17 -25.24 20.65 5.39
2016-12-31 73.12 -26.39 20.94 6.21
2016-09-30 74.39 -21.72 23.09 7.84
2016-06-30 77.30 -23.73 24.76 9.36
2016-03-31 85.21 -25.19 27.11 10.15
2015-12-31 96.21 -34.17 36.50 11.14
2015-09-30 104.84 -32.09 35.80 11.79
2015-06-30 119.18 -30.74 39.84 9.77
2015-03-31 115.46 -31.53 39.52 9.68
2014-12-31 122.03 -20.62 31.60 9.21
2014-09-30 128.95 -18.87 32.28 7.92
2014-06-30 131.99 -16.23 28.18 9.02
2014-03-31 133.11 -16.26 27.98 9.03
2013-12-31 132.04 -17.01 27.87 8.73
2013-09-30 128.29 -19.29 27.70 8.65
2013-06-30 123.12 -21.59 27.48 9.11
2013-03-31 127.56 -22.56 27.36 8.98
2012-12-31 122.32 -26.75 28.08 8.81
2012-09-30 116.55 -31.09 29.58 8.45
2012-06-30 113.90 -23.64 29.74 8.28
2012-03-31 109.37 -18.76 28.93 8.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Capstone Turbine has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Capstone Turbine has efficiently used its assets last year compared to the US Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Capstone Turbine improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Capstone Turbine's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Capstone Turbine has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Capstone Turbine's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Capstone Turbine's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Capstone Turbine is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Capstone Turbine's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Capstone Turbine's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Capstone Turbine Company Filings, last reported 3 months ago.

NasdaqCM:CPST Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 24.97 12.65 12.30
2018-06-30 26.06 10.22 13.57
2018-03-31 25.76 8.85 14.41
2017-12-31 22.24 11.30 11.52
2017-09-30 18.07 9.61 10.16
2017-06-30 19.47 9.64 14.14
2017-03-31 20.90 11.86 14.19
2016-12-31 22.15 9.17 14.36
2016-09-30 27.94 6.26 11.11
2016-06-30 33.59 6.27 19.04
2016-03-31 24.74 9.89 11.70
2015-12-31 23.66 10.22 13.47
2015-09-30 22.88 15.41 10.60
2015-06-30 29.15 16.54 22.42
2015-03-31 34.70 13.45 32.22
2014-12-31 48.56 15.03 40.89
2014-09-30 51.91 12.54 40.79
2014-06-30 57.65 12.39 46.70
2014-03-31 34.09 13.87 27.86
2013-12-31 36.54 14.05 31.57
2013-09-30 32.27 12.11 28.27
2013-06-30 35.76 13.19 21.60
2013-03-31 41.89 14.07 38.82
2012-12-31 45.59 13.38 41.91
2012-09-30 49.59 12.13 45.22
2012-06-30 51.16 13.35 45.12
2012-03-31 58.62 10.86 49.95
  • Capstone Turbine's level of debt (50.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (37.5% vs 50.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Capstone Turbine has sufficient cash runway for 1.1 years based on current free cash flow.
  • Capstone Turbine has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -25.6% each year.
X
Financial health checks
We assess Capstone Turbine's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Capstone Turbine has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Capstone Turbine's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Capstone Turbine dividends.
If you bought $2,000 of Capstone Turbine shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Capstone Turbine's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Capstone Turbine's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CPST Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Electrical Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1986 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:CPST Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31
2020-03-31
2019-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Capstone Turbine has not reported any payouts.
  • Unable to verify if Capstone Turbine's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Capstone Turbine's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Capstone Turbine has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Capstone Turbine's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Capstone Turbine afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Capstone Turbine has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Capstone Turbine's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Darren Jamison
COMPENSATION $1,248,114
AGE 52
TENURE AS CEO 12.1 years
CEO Bio

Mr. Darren R. Jamison has been the President and Chief Executive Officer at Capstone Turbine Corp. since December 6, 2006. Mr. Jamison served as President of Northern Power Systems Inc., a subsidiary of Distributed Energy Systems Corp. since September 6, 2005, Chief Operating Officer since December 2004 and its Executive Vice President of operations since February 2004. He served as an Executive Vice President of Operations of Northern of Distributed Energy Systems Corp. He served as Vice President and General Manager of Distributed Energy Solutions for Stewart & Stevenson Services Inc. from 1994 to 2003. He has an outstanding track record of working with customers to develop financially attractive solutions. He has been a Director of Capstone Turbine Corp. since December 18, 2006. Mr. Jamison received a BA in finance and business administration from Seattle University.

CEO Compensation
  • Darren's compensation has increased whilst company is loss making.
  • Darren's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Capstone Turbine management team in years:

7.8
Average Tenure
52
Average Age
  • The average tenure for the Capstone Turbine management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Darren Jamison

TITLE
President
COMPENSATION
$1M
AGE
52
TENURE
12.1 yrs

Jayme Brooks

TITLE
CFO, Chief Accounting Officer & Secretary
COMPENSATION
$689K
AGE
47
TENURE
3.8 yrs

James Crouse

TITLE
Executive Vice President of Sales & Marketing
COMPENSATION
$742K
AGE
54
TENURE
11.9 yrs

Jeff Foster

TITLE
Senior Vice President of Customer Service
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Capstone Turbine board of directors in years:

2.4
Average Tenure
60
Average Age
  • The average tenure for the Capstone Turbine board of directors is less than 3 years, this suggests a new board.
Board of Directors

Holly Van Deursen

TITLE
Chairman of the Board
COMPENSATION
$98K
AGE
59
TENURE
2.4 yrs

Darren Jamison

TITLE
President
COMPENSATION
$1M
AGE
52
TENURE
12.1 yrs

Gary Mayo

TITLE
Non Executive Director
COMPENSATION
$90K
AGE
64
TENURE
11.3 yrs

Paul DeWeese

TITLE
Director
COMPENSATION
$85K
AGE
51
TENURE
2.4 yrs

Noam Lotan

TITLE
Independent Director
COMPENSATION
$85K
AGE
66
TENURE
13.6 yrs

Yon Jorden

TITLE
Independent Director
COMPENSATION
$84K
AGE
63
TENURE
1.8 yrs

Bob Flexon

TITLE
Director
AGE
60
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Aug 18 Buy Yon Jorden Individual 13. Aug 18 13. Aug 18 5,000 $1.31 $6,530
10. Aug 18 Buy Holly Van Deursen Individual 10. Aug 18 10. Aug 18 15,300 $1.29 $19,691
10. Aug 18 Buy Darren Jamison Individual 10. Aug 18 10. Aug 18 7,500 $1.29 $9,675
10. Aug 18 Buy Noam Lotan Individual 10. Aug 18 10. Aug 18 5,000 $1.32 $6,600
14. Jun 18 Buy Jayme Brooks Individual 14. Jun 18 14. Jun 18 2,650 $1.50 $3,975
12. Jun 18 Buy Yon Jorden Individual 12. Jun 18 12. Jun 18 5,000 $1.54 $7,690
12. Jun 18 Buy Robert Flexon Individual 12. Jun 18 12. Jun 18 30,000 $1.53 $45,840
12. Jun 18 Buy Darren Jamison Individual 12. Jun 18 12. Jun 18 12,005 $1.53 $18,368
09. Feb 18 Buy Holly Van Deursen Individual 08. Feb 18 08. Feb 18 11,230 $0.89 $9,995
08. Feb 18 Buy Yon Jorden Individual 08. Feb 18 08. Feb 18 10,000 $0.90 $9,000
08. Feb 18 Buy Darren Jamison Individual 08. Feb 18 08. Feb 18 5,995 $0.88 $5,276
X
Management checks
We assess Capstone Turbine's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Capstone Turbine has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Capstone Turbine Corporation's (NASDAQ:CPST) Profit Outlook

Capstone Turbine Corporation's (NASDAQ:CPST):. … The US$52m market-cap posted a loss in its most recent financial year of -US$10.0m and a latest trailing-twelve-month loss of -US$11.5m leading to an even wider gap between loss and breakeven. … Check out our latest analysis for Capstone Turbine

Simply Wall St -

Is Capstone Turbine Corporation's (NASDAQ:CPST) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as Capstone Turbine Corporation (NASDAQ:CPST) with its market cap of US$46m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

Simply Wall St -

Are Capstone Turbine Corporation (NASDAQ:CPST) Shareholders Getting A Good Deal?

Today we will examine Capstone Turbine’s ability to generate cash flows, as well as the level of capital expenditure it is expected to incur over the next couple of years, which will result in how much money goes to you. … Capstone Turbine’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure. … There are two methods I will use to evaluate the quality of Capstone Turbine’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability

Simply Wall St -

Does Capstone Turbine Corporation's (NASDAQ:CPST) CEO Pay Reflect Performance?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Darren Jamison's Compensation Compare With Similar Sized Companies. … It would therefore appear that Capstone Turbine Corporation pays Darren Jamison more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Is Capstone Turbine Corporation (NASDAQ:CPST) A Financially Sound Company?

Capstone Turbine Corporation (NASDAQ:CPST) is a small-cap stock with a market capitalization of US$91.16m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Have Investors Priced In Capstone Turbine Corporation's (NASDAQ:CPST) Growth?

Capstone Turbine Corporation (NASDAQ:CPST), a electrical company based in United States,. … As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Today I will analyse the most recent data on Capstone Turbine’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Market Sentiment Around Loss-Making Capstone Turbine Corporation (NASDAQ:CPST)

Capstone Turbine Corporation's (NASDAQ:CPST):. … Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. … I’ve put together a brief outline of industry analyst expectations for CPST, its year of breakeven and its implied growth rate

Simply Wall St -

Capstone Turbine Corporation (NASDAQ:CPST): Time For A Financial Health Check

With this rise in debt, the current cash and short-term investment levels stands at US$14.19M , ready to deploy into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: CPST’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

When Should You Buy Capstone Turbine Corporation (NASDAQ:CPST)?

Let’s take a look at Capstone Turbine’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … In addition to this, it seems like Capstone Turbine’s share price is quite stable, which could mean two things: firstly, it may take the share price a while to fall back down to an attractive buying range, and secondly, there may be less chances to buy low in the future once it reaches that value. … If you believe Capstone Turbine should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

Simply Wall St -

Want To Invest In Capstone Turbine Corporation (NASDAQ:CPST)? Here's How It Performed Lately

Today I will assess CPST's recent performance announced on 30 September 2017 and evaluate these figures to its longer term trend and industry movements. … View our latest analysis for Capstone Turbine Did CPST's recent performance beat its trend and industry? … I look at data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.

Simply Wall St -

Company Info

Map
Description

Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply. The company’s microturbines are also used as battery charging generators for hybrid electric vehicle applications. It also provides various accessories, including rotary gas compressors with digital controls; heat recovery modules for CHP applications; dual mode controllers that allow automatic transition between grid connect and stand-alone modes; batteries with digital controls for stand-alone or dual-mode operations; batteries with digital controls; power servers for multipacked installations; protocol converters for Internet access; packaging options; and miscellaneous parts, such as frames, exhaust ducting, backflow dampers, and installation hardware. In addition, the company remanufactures microturbine engines; and provides after-market parts and services. It markets and sells its products primarily through distributors and original equipment manufacturers. Capstone Turbine Corporation was founded in 1988 and is headquartered in Van Nuys, California.

Details
Name: Capstone Turbine Corporation
CPST
Exchange: NasdaqCM
Founded: 1988
$61,573,810
68,415,345
Website: http://www.capstoneturbine.com
Address: Capstone Turbine Corporation
16640 Stagg Street,
Van Nuys,
California, 91406,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CPST Common Stock Nasdaq Capital Market US USD 29. Jun 2000
DB TBN1 Common Stock Deutsche Boerse AG DE EUR 29. Jun 2000
Number of employees
Current staff
Staff numbers
151
Capstone Turbine employees.
Industry
Heavy Electrical Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/23 23:33
End of day share price update: 2019/01/23 00:00
Last estimates confirmation: 2018/12/31
Last earnings filing: 2018/11/06
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.