CPXWF (Capital Power) 3-Year ROIIC % : 1.38% (As of Dec. 2025) — 55% Below Median


CPXWF Capital Power Corp CPXWF
72 GF Score
Price $50.50
GF Value $27.35
Valuation Significantly Overvalued
! 15 Warning Signs
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What is Capital Power 3-Year ROIIC %?

Capital Power CPXWF -3.47% 72 3-Year ROIIC % is 1.38 as of Dec. 2025, which is 55% below its 10-year median of 3.04. 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 393 Utilities - Independent Power Producers companies, Capital Power ranks better than 50.38% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Capital Power's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Capital Power's 3-Year ROIIC % or its related term are showing as below:

CPXWF's 3-Year ROIIC % is ranked better than
50.38% of 393 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.37 vs CPXWF: 1.38

Capital Power  (OTCPK:CPXWF) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Capital Power 3-Year ROIIC % Related Terms


Capital Power 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Capital Power's 3-Year ROIIC % 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.

Capital Power 3-Year ROIIC % Chart

Capital Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.54 -64.57 38.66 13.85 1.38

Capital Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.38 0.00

CPXWF vs CEG, VST, NRG: 3-Year ROIIC % Comparison

For the Utilities - Independent Power Producers subindustry, Capital Power's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Capital Power's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Capital Power's 3-Year ROIIC % falls into.


CPXWF
72GF Score
Capital Power Corp CPXWF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Power 3-Year ROIIC % Calculation

Capital Power's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 257.4364148 (Dec. 2025) - 207.1536054 (Dec. 2022) )/( 10688.656 (Dec. 2025) - 6928.229 (Dec. 2022) )
=50.2828094/3760.427
=1.34%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 1.38 mean?
Capital Power (CPXWF) has a 3-Year ROIIC % of 1.38 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Capital Power and its competitors. This is 55% below median its historical median of 3.04. According to the industry distribution chart, Capital Power ranks #195 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.6%.
Is Capital Power's 3-Year ROIIC % too high?
Capital Power's current 3-Year ROIIC % of 1.38 is 55% below median its 10-year median of 3.04. The Utilities - Independent Power Producers industry median 3-Year ROIIC % is 1.37. Capital Power's value of 1.38 is 0.7% above this industry median. Based on the distribution chart, Capital Power ranks #195 out of 393 companies in the Utilities - Independent Power Producers industry, which is above 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 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Capital Power ranks #195 out of 393 companies for 3-Year ROIIC %. This puts Capital Power in the upper half of its industry. The industry median 3-Year ROIIC % is 1.37. Capital Power's value of 1.38 is 0.7% above this benchmark. While the company's 10-year median is 3.04 vs. the industry median of 1.37, Capital 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 3-Year ROIIC % for an Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.37, based on 393 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Capital Power's current 3-Year ROIIC % of 1.38 is 0.7% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Capital Power and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Power's current 3-Year ROIIC % is 1.38, which is 55% below median its own 10-year median of 3.04. 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 3-Year ROIIC % is 1.38, which is 55% below median its 10-year median of 3.04 and 0.7% above the Utilities - Independent Power Producers industry median of 1.37. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Capital Power (CPXWF), the current 3-Year ROIIC % is 1.38 as of Dec. 2025. 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:

  • 3-Year ROIIC %: 1.38 (55% below median its 10-year median of 3.04)
  • GF Value™: $27.35 vs. price of $50.50 (84.6% above fair value)
  • GF Score™: 72/100 with 15 warning signs
  • Industry Position: 0.7% above the Utilities - Independent Power Producers median (#195 of 393)

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 Business Description

Address 10423 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9
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

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.50
Price
$27.35
GF Value