TSX/NPI (TSX/NPI)

Toronto Stock Exchange: TSX/NPI · CAD

CA$22.0

-0.04 (-0.2%)· Recorded snapshot

Market cap	5.7B
Revenue (ttm)	2.6B
Net income (ttm)	-148.2M
EPS (ttm)	-CA$0.57
Shares out	261.5M
P/E (forward)	14.4x
Dividend	CA$0.72 (3.28%)
Volume	231,800
Beta	0.53

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 2.6B
Net income (ttm): -148.2M
EPS (ttm): -CA$0.57
P/E (forward): 14.4x
Market cap: 5.7B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E14.4

P25 15.1P50 19.3P75 26.5

Trailing P/En/a

P25 12.5P50 23.6P75 50.7

ROE-1.3

P25 -24.7P50 2.1P75 7.6

ROIC4.7

P25 -8.8P50 2.8P75 3.8

Benchmarks · 1M

All TSX/NPI indicators

Market & fundamental data

Available fields

227

Groups with data

Currency

CAD

Showing 227 of 227 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-11-12
Employees	1,139
Employees change	-205
Employees growth	-15.25%
Enterprise value	CAD 12.4B
Exchange	Toronto Stock Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1987
Industry	Utilities - Renewable
Is primary listing	Yes
ISIN number	CA6665111002
Last earnings date	2026-08-12
Last refreshed	2026-10-28
Market cap	CAD 5.7B
Next earnings date	2026-11-12
Price	CAD 21.96
Price currency	CAD
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	tsx/NPI

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	19.31x
Average P/E ratio (10Y)	25.03x
Earnings yield	-2.58%
EV/EBIT	11.97x
EV/EBITDA	7.08x
EV/FCF	11x
EV/Sales	4.87x
FCF / EV yield	9.09%
FCF yield	19.64%
Forward P/E	14.36x
P/B ratio	1.27x
P/FCF ratio	5.09x
P/OCF ratio	4.45x
P/S ratio	2.25x
PEG ratio	0.34x
Price / tangible book value	1.99x
Price/EBITDA ratio	3.64x
Sector forward P/E	26.86x
Sector P/E	37.8x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	34.49%
EBITDA margin	62.01%
FCF margin	44.28%
Gross margin	69.9%
Operating margin	34.49%
Pretax margin	-0.16%
Profit margin	-5.51%
Profit per employee	CAD -130,151
Revenue per employee	CAD 2.2M
ROA	4.09%
ROA (5Y)	3.96%
ROCE	7.31%
ROE	-1.27%
ROE (5Y)	7.89%
ROIC	4.7%
Tax / revenue	2.16%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	3
EPS growth years	0
FCF growth	-12.03%
FCF growth (Q)	-67.26%
FCF growth (QoQ)	-73.56%
FCF growth 3Y	0.85%
FCF growth 5Y	-0.18%
Net income growth quarters	3
Net income growth years	0
OCF growth	-9.51%
OCF growth (Q)	-62.35%
OCF growth (QoQ)	-70.28%
OCF growth 10Y	12.25%
OCF growth 3Y	-6.36%
OCF growth 5Y	-0.97%
Revenue growth	13.4%
Revenue growth (Q)	-0.52%
Revenue growth (QoQ)	-34.08%
Revenue growth 10Y	13.58%
Revenue growth 3Y	3.67%
Revenue growth 5Y	5.15%
Revenue growth quarters	4
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -163.6M
Depreciation and amortization	CAD 648.8M
EBIT	CAD 880.1M
EBITDA	CAD 1.6B
EPS	CAD -0.57
FCF per share	CAD 4.32
Financing cash flow	CAD -1.3B
Free cash flow	CAD 1.1B
Gross profit	CAD 1.8B
Income taxes	CAD 55M
Investing cash flow	CAD -149.1M
Net borrowing	CAD -541.2M
Net cash flow	CAD -91.6M
Net income	CAD -148.2M
Operating income	CAD 880.1M
Revenue	CAD 2.6B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	CAD 15.33
Debt / EBITDA	4.27
Debt / equity	1.5
Debt / FCF	6.04
Goodwill	CAD 738.3M
Interest coverage	2.61
Long-term assets	CAD 12B
Long-term liabilities	CAD 7.5B
Net cash (debt)	CAD -6.1B
Net cash / market cap	-106.85%
Net debt / EBITDA	3.89
Net debt / equity	1.35
Net debt / FCF	5.44
Piotroski F-Score	5
Property, plant and equipment	CAD 8.1B
Shareholders' equity	CAD 4.5B
Tangible book value	CAD 2.9B
Tangible book value per share	CAD 11.07
Total assets	CAD 13.2B
Total cash	CAD 679.2M
Total debt	CAD 6.8B
Total liabilities	CAD 8.6B
WACC	5.41%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.19
Current assets	CAD 1.2B
Current liabilities	CAD 1.1B
Current ratio	1.04
Net working capital	CAD 130.6M
Quick ratio	0.9
Working capital	CAD 49.6M
Working capital turnover	-70.46

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.65%
Dividend growth	-36.67%
Dividend growth (10Y)	-3.45%
Dividend growth (3Y)	-14.12%
Dividend growth (5Y)	-8.73%
Dividend growth years	0
Dividend payment date	2026-11-16
Dividend payment years	29
Dividend payout frequency	Monthly
Dividend per share	CAD 0.72
Dividend yield	3.28%
Ex-dividend date	2026-10-30
FCF payout ratio	16.66%
Last dividend	CAD 0.06
Shareholder yield	2.64%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-8.66%
10Y return CAGR	3.46%
10Y total return	40.53%
150-day SMA	CAD 22.33
15Y price change	36.55%
15Y return CAGR	7.21%
15Y total return	184.2%
1D price change	-0.18%
1M price change	-0.36%
1M total return	-0.09%
1W price change	0.09%
1W total return	0.09%
1Y price change	-12.73%
1Y return CAGR	-9.34%
1Y total return	-9.34%
20-day SMA	CAD 22.16
200-day SMA	CAD 21.80
20Y price change	43.43%
20Y return CAGR	8.14%
20Y total return	378.32%
3M price change	1.39%
3M total return	2.24%
3Y price change	10.42%
3Y return CAGR	8.71%
3Y total return	28.48%
50-day SMA	CAD 21.71
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 25.99
52-week high date	2025-11-03
52-week low	CAD 15.96
52-week low date	2025-11-26
5Y price change	-44.68%
5Y return CAGR	-7.16%
5Y total return	-31.01%
6M price change	-7.74%
6M total return	-6.23%
All-time high	CAD 51.45
All-time high date	2021-02-05
All-time low	CAD 6.10
All-time low date	2000-02-16
Average true range (ATR)	CAD 0.49
Average volume	1M
Beta (5Y)	0.53
Change from 52-week high	-15.51%
Change from 52-week low	37.59%
Change from all-time high	-57.38%
Change from all-time low	259.51%
Change from open	0.05%
Day's gap	-0.23%
Dollar volume	CAD 5.1M
High price	CAD 22.08
Low price	CAD 21.77
Monthly RSI	48.79
Open price	CAD 21.95
Position in 52-week range	61.29%
Previous close	CAD 22.00
Price vs 150-day SMA	-1.8%
Price vs 20-day SMA	-1.04%
Price vs 200-day SMA	0.61%
Price vs 50-day SMA	1.04%
Relative volume	0.23
RSI	49.55
Sharpe ratio	-0.17
Sharpe ratio (3Y)	0.27
Sharpe ratio (5Y)	-0.27
Sortino ratio	-0.07
Sortino ratio (3Y)	0.52
Sortino ratio (5Y)	-0.17
Volume	231.8K
Weekly RSI	50.91
YTD price change	22.86%
YTD total return	25.95%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	261.3M
Shares change (QoQ)	0%
Shares change (YoY)	0.65%
Shares held by insiders	0.07%
Shares held by institutions	40.21%
Shares outstanding	261.5M
Short % of float	2.5%
Short % of shares	2.49%

Deeper analysis on TSX/NPI

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSX/NPI report

Is a complete TSX/NPI research report available?

No complete published report is available for tsx/NPI (TSX/NPI) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSX/NPI (TSX/NPI)

Price

Financial snapshot

Fair-value bridge

Latest news · TSX/NPI

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSX/NPI indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSX/NPI

Frequently asked questions