Maxim Power Corp MXG

Morningstar Rating
CAD 3.92 +0.03 (0.77%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MXG is trading at a 138% premium.
Price
CAD 3.92
Fair Value
CAD 7.34
Uncertainty
Very High
1-Star Price
CAD 8.29
5-Star Price
CAD 7.45
Economic Moat
Xwxv
Capital Allocation

Trading Information

Previous Close Price
CAD 3.89
Day Range
CAD 3.863.92
52-Week Range
CAD 3.754.95
Bid/Ask
CAD 3.87 / CAD 3.95
Market Cap
CAD 198.34 Mil
Volume/Avg
6,082 / 5,513

Key Statistics

Price/Earnings (Normalized)
21.44
Price/Sales
2.70
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
0.49%

Company Profile

Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a state-of-the-art combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.
Sector
Utilities
Industry
Utilities - Independent Power Producers
Stock Style Box
Small Core
Total Number of Employees
44

Comparables

Valuation

Metric
MXG
BLX
000883
Price/Earnings (Normalized)
21.4433.2113.92
Price/Book Value
0.642.190.96
Price/Sales
2.703.871.64
Price/Cash Flow
5.477.804.93
Price/Earnings
MXG
BLX
000883

Financial Strength

Metric
MXG
BLX
000883
Quick Ratio
4.280.880.31
Current Ratio
4.440.960.58
Interest Coverage
5.032.404.08
Quick Ratio
MXG
BLX
000883

Profitability

Metric
MXG
BLX
000883
Return on Assets (Normalized)
1.95%2.18%2.45%
Return on Equity (Normalized)
2.75%8.64%6.89%
Return on Invested Capital (Normalized)
2.88%3.80%3.83%
Return on Assets
MXG
BLX
000883

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