Northland PowerTSX:NPI +0.97%75 5-Year Yield-on-Cost % is 4.15 as of Jul. 08, 2026, which is 6% below its 10-year median of 4.42. GuruFocus rates TSX:NPI with a GF Score™ of 75/100 and a GF Value™ of C$24.26 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 237 Utilities - Independent Power Producers companies, Northland Power ranks better than 53.16% on this metric.
Northland Power's yield on cost for the quarter that ended in Mar. 2026 was 4.15.
The historical rank and industry rank for Northland Power's 5-Year Yield-on-Cost % or its related term are showing as below:
TSX:NPI'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.3 Med: 4.42 Max: 7.03
Current: 4.15
During the past 13 years, Northland Power's highest Yield on Cost was 7.03. The lowest was 2.30. And the median was 4.42.
TSX:NPI's 5-Year Yield-on-Cost % is ranked better than 53.16% of 237
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.78
vs TSX:NPI: 4.15
Northland Power (TSX:NPI) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Northland Power 5-Year Yield-on-Cost % Related Terms
Northland Power 5-Year Yield-on-Cost % Competitor Comparison
For the Utilities - Renewable subindustry, Northland Power's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Northland Power's 5-Year Yield-on-Cost % falls into.
Northland Power 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Northland Power is calculated as
Northland Power (TSX:NPI) has a 5-Year Yield-on-Cost % of 4.15 as of Jul. 08, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Northland Power and its competitors. This is near median its historical median of 4.42. Over the past decade, Northland Power's 5-Year Yield-on-Cost % has ranged from 2.30 to 7.03. According to the industry distribution chart, Northland Power ranks #111 out of 237 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.8%.
Is Northland Power's 5-Year Yield-on-Cost % too high?
Northland Power's current 5-Year Yield-on-Cost % of 4.15 is near median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 7.03. The Utilities - Independent Power Producers industry median 5-Year Yield-on-Cost % is 3.78. Northland Power's value of 4.15 is 9.8% above this industry median. Based on the distribution chart, Northland Power ranks #111 out of 237 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Northland Power has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's 5-Year Yield-on-Cost % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Northland Power ranks #111 out of 237 companies for 5-Year Yield-on-Cost %. This puts Northland Power in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 3.78. Northland Power's value of 4.15 is 9.8% above this benchmark. Historically, Northland Power's own 5-Year Yield-on-Cost % has ranged from 2.30 to 7.03 over the past decade. While the company's 10-year median is 4.42 vs. the industry median of 3.78, 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 5-Year Yield-on-Cost % for an Utilities - Independent Power Producers company?
The median 5-Year Yield-on-Cost % among Utilities - Independent Power Producers companies is 3.78, based on 237 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northland Power's current 5-Year Yield-on-Cost % of 4.15 is 9.8% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Northland Power and its competitors. For the Utilities - Independent Power Producers industry, the median 5-Year Yield-on-Cost % is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northland Power's current 5-Year Yield-on-Cost % is 4.15, which is near median its own 10-year median of 4.42. 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$24.26, compared to a current price of C$21.92 — trading 9.6% below its estimated fair value. The current 5-Year Yield-on-Cost % is 4.15, which is near median its 10-year median of 4.42 and 9.8% above the Utilities - Independent Power Producers industry median of 3.78. Northland Power's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Northland Power (TSX:NPI), the current 5-Year Yield-on-Cost % is 4.15 as of Jul. 08, 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$21.92 is trading 9.6% below its estimated GF Value™ of C$24.26.
GuruFocus considers Northland Power to be Modestly Undervalued.
Key valuation signals for TSX:NPI:
5-Year Yield-on-Cost %: 4.15 (near median its 10-year median of 4.42)
GF Value™: C$24.26 vs. price of C$21.92 (9.6% below fair value)
Industry Position: 9.8% above the Utilities - Independent Power Producers median (#111 of 237)
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.
75GF Score
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