:quality(80)/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/a3416e63-64d9-4054-99c0-22cd1547b5a2.jpg)
Northland Power Should See a Step Up in Cash Flow Once Growth Projects Come Online
Northland Power is a global power producer focused on developing, owning, and operating clean power infrastructure assets.
Northland Power Inc NPI
Bulls Say, Bears Say
Bulls
Northland is a first mover in offshore wind, which is still in its early days of adoption globally.
Bears
Northland’s existing offshore wind portfolio is relatively concentrated with shorter-term remaining contracts.
News
-
Northland Power Announces Appointment of John Brace as Interim President and CEO
-
Northland Power Confirms Hai Long Offshore Project Incident
-
Northland Power Reports Second Quarter 2024 Results
-
Northland Power Announces Its Second Quarter 2024 Financial Results Release Date and Provides Investor Call and Webcast Details
-
Vestas Gets Unconditional Order for Polish Offshore Project
Trading Information
- Previous Close Price
- CAD 23.15
- Day Range
- CAD 22.65–23.00
- 52-Week Range
- CAD 19.36–25.29
- Bid/Ask
- CAD 22.66 / CAD 22.82
- Market Cap
- CAD 5.86 Bil
- Volume/Avg
- 1.2 Mil / 1.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 13.51
- Price/Sales
- 2.39
- Dividend Yield (Trailing)
- 5.28%
- Dividend Yield (Forward)
- 5.28%
- Total Yield
- 5.28%
Company Profile
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland’s growth opportunities are global and span North America, Europe, Latin America, and Asia.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Mid Value
- Total Number of Employees
- 1,344
- Website
- https://www.northlandpower.com
Competitors
Valuation
|
Metric
|
NPI
|
BEP
|
ORSTED
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.51 | — | 8.10 |
Price/Book Value | 1.40 | 2.32 | 3.18 |
Price/Sales | 2.39 | 1.48 | 3.52 |
Price/Cash Flow | 5.64 | 6.45 | 11.63 |
Price/Earnings
NPI
BEP
ORSTED
Financial Strength
|
Metric
|
NPI
|
BEP
|
ORSTED
|
|---|---|---|---|
Quick Ratio | 0.68 | 0.33 | 1.08 |
Current Ratio | 0.86 | 0.52 | 1.48 |
Interest Coverage | 1.53 | 0.98 | −3.35 |
Quick Ratio
NPI
BEP
ORSTED
Profitability
|
Metric
|
NPI
|
BEP
|
ORSTED
|
|---|---|---|---|
Return on Assets (Normalized) | 2.57% | −0.33% | −1.56% |
Return on Equity (Normalized) | 8.69% | −6.08% | −7.23% |
Return on Invested Capital (Normalized) | 4.52% | 2.57% | −1.32% |
Return on Assets
NPI
BEP
ORSTED
Utilities - Renewable Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Constellation Energy Corp
CEG
| — | Splxsx | $83.0 Bil | |||
| GE Vernova Inc
GEV
| Ckrqwcv | Fwbz | $69.3 Bil | |||
| Verbund AG ADR
OEZVY
| — | Xvls | $28.3 Bil | |||
| Orsted AS ADR
DNNGY
| — | Tnkbh | $26.6 Bil | |||
| Orsted AS
DOGEF
| — | Qflgmy | $26.6 Bil | |||
| CEZ AS
CZAVF
| — | Xxdjts | $20.7 Bil | |||
| EDP Renovaveis SA ADR
EDRVY
| — | Jqpb | $18.1 Bil | |||
| EDP Renovaveis SA
EDRVF
| — | Sqyx | $18.1 Bil | |||
| Brookfield Renewable Partners LP
BEP
| Lqbyphkw | Mtdr | $7.9 Bil | |||
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)
BEPC
| Jwqjhnyr | Kpnd | $5.8 Bil |
United States