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Northland PowerTSX:NPI +2.26%73 EV-to-EBIT is 50.58 as of Jul. 19, 2026, which is 206% above its 10-year median of 16.51. GuruFocus rates TSX:NPI with a GF Score™ of 73/100 and a GF Value™ of C$24.27 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 340 Utilities - Independent Power Producers companies, Northland Power ranks worse than 84.41% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Northland Power's Enterprise Value for the quarter that ended in Mar. 2026 was C$12,486 Mil.
Northland Power's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$239 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Northland Power EV-to-EBIT Related Terms
Northland Power EV-to-EBIT Historical Data
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The historical data trend for Northland Power's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, Northland Power's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Northland Power EV-to-EBIT vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Northland Power's EV-to-EBIT falls into.
Northland Power's current Enterprise Value is C$12,071 Mil.
Northland Power's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$239 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Northland Power (TSX:NPI) has a EV-to-EBIT of 50.58 as of Jul. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Northland Power and its competitors. This is 206% above median its historical median of 16.51. According to the industry distribution chart, Northland Power ranks #287 out of 340 companies in the Utilities - Independent Power Producers industry, placing it in the top 84.4%.
Is Northland Power's EV-to-EBIT too high?
Northland Power's current EV-to-EBIT of 50.58 is 206% above median its 10-year median of 16.51. The Utilities - Independent Power Producers industry median EV-to-EBIT is 17.66. Northland Power's value of 50.58 is 186.4% above this industry median. Based on the distribution chart, Northland Power ranks #287 out of 340 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Northland Power has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's EV-to-EBIT compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Northland Power ranks #287 out of 340 companies for EV-to-EBIT. This places Northland Power in the lower half of its industry. The industry median EV-to-EBIT is 17.66. Northland Power's value of 50.58 is 186.4% above this benchmark. While the company's 10-year median is 16.51 vs. the industry median of 17.66, Northland Power has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.66, based on 340 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northland Power's current EV-to-EBIT of 50.58 is 186.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Northland Power and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northland Power's current EV-to-EBIT is 50.58, which is 206% above median its own 10-year median of 16.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northland Power stock overvalued right now?
Based on GuruFocus' analysis, Northland Power (TSX:NPI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$24.27, compared to a current price of C$21.75 — trading 10.4% below its estimated fair value. The current EV-to-EBIT is 50.58, which is 206% above median its 10-year median of 16.51 and 186.4% above the Utilities - Independent Power Producers industry median of 17.66. Northland Power's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Northland Power (TSX:NPI), the current EV-to-EBIT is 50.58 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Northland Power (TSX:NPI) Overvalued in 2026?
Based on GuruFocus' analysis, Northland Power stock appears to be undervalued.
The current stock price of C$21.75 is trading 10.4% below its estimated GF Value™ of C$24.27.
GuruFocus considers Northland Power to be Modestly Undervalued.
Key valuation signals for TSX:NPI:
EV-to-EBIT: 50.58 (206% above median its 10-year median of 16.51)
GF Value™: C$24.27 vs. price of C$21.75 (10.4% below fair value)
Industry Position: 186.4% above the Utilities - Independent Power Producers median (#287 of 340)
No single metric tells the full story. See the TSX:NPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northland Power develops, constructs, and operates sustainable 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.
73GF Score
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