Capital PowerCPXWF -3.47%72 ROC (Joel Greenblatt) % is 3.67% as of Mar. 2026, which is 29% below its 10-year median of 5.16. GuruFocus rates CPXWF with a GF Score™ of 72/100 and a GF Value™ of $27.35 (Significantly Overvalued). The stock has 15 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Capital Power ranks worse than 66.82% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Capital Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.67%.
The historical rank and industry rank for Capital Power's ROC (Joel Greenblatt) % or its related term are showing as below:
CPXWF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.92 Med: 5.16 Max: 16.78
Current: 2.92
During the past 13 years, Capital Power's highest ROC (Joel Greenblatt) % was 16.78%. The lowest was 2.92%. And the median was 5.16%.
CPXWF's ROC (Joel Greenblatt) % is ranked worse than 66.82% of 434
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.615
vs CPXWF: 2.92
Capital Power's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.20% per year.
Capital Power (OTCPK:CPXWF) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Capital Power ROC (Joel Greenblatt) % Related Terms
Capital Power ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Capital Power's ROC (Joel Greenblatt) % 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.
CPXWF vs CEG, VST, NRG: ROC (Joel Greenblatt) % Comparison
For the Utilities - Independent Power Producers subindustry, Capital Power's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
Capital Power ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Capital Power's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 3.67% mean?
Capital Power (CPXWF) has a ROC (Joel Greenblatt) % of 3.67% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Capital Power and its competitors. This is 29% below median its historical median of 5.16. Over the past decade, Capital Power's ROC (Joel Greenblatt) % has ranged from 2.92 to 16.78. According to the industry distribution chart, Capital Power ranks #290 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 66.8%.
Is Capital Power's ROC (Joel Greenblatt) % too high?
Capital Power's current ROC (Joel Greenblatt) % of 3.67% is 29% below median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 16.78. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.62. Capital Power's value of 3.67% is 44.5% below this industry median. Based on the distribution chart, Capital Power ranks #290 out of 434 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Capital Power has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Power's ROC (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Capital Power ranks #290 out of 434 companies for ROC (Joel Greenblatt) %. This places Capital Power in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.62. Capital Power's value of 3.67% is 44.5% below this benchmark. Historically, Capital Power's own ROC (Joel Greenblatt) % has ranged from 2.92 to 16.78 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 6.62, Capital Power has consistently been below 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 ROC (Joel Greenblatt) % for an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.62, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Capital Power's current ROC (Joel Greenblatt) % of 3.67% is 44.5% below 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Capital Power and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Power's current ROC (Joel Greenblatt) % is 3.67%, which is 29% below median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Power stock overvalued right now?
Based on GuruFocus' analysis, Capital Power (CPXWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.35, compared to a current price of $50.50 — trading 84.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.67%, which is 29% below median its 10-year median of 5.16 and 44.5% below the Utilities - Independent Power Producers industry median of 6.62. Capital Power's overall GF Score™ is 72/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Capital Power (CPXWF), the current ROC (Joel Greenblatt) % is 3.67% as of Mar. 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 Capital Power (CPXWF) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Power stock appears to be overvalued.
The current stock price of $50.50 is trading 84.6% above its estimated GF Value™ of $27.35.
GuruFocus considers Capital Power to be Significantly Overvalued.
Key valuation signals for CPXWF:
ROC (Joel Greenblatt) %: 3.67% (29% below median its 10-year median of 5.16)
GF Value™: $27.35 vs. price of $50.50 (84.6% above fair value)
Industry Position: 44.5% below the Utilities - Independent Power Producers median (#290 of 434)
No single metric tells the full story. See the CPXWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.
72GF Score
Get the complete analysis for CPXWF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CPXWF has been successfully added to your 
