Bullboard - Stock Discussion Forum Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s): NPIFF | T.NPI.PR.A | T.NPI.PR.B | NPICF

Utilities Utilities - Independent Power Producers

Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas... see more

Add To Watchlist

TSX:NPI - Post Discussion

Northland Power Inc (Ontario) > The Motley Fool

View:

Post by BayWall on Jan 09, 2024 3:19pm

The Motley Fool

January 3, 2024.

The company is a bit behind when it comes to debt, needing 129% of equity to cover its debt at this point. However, in every other respect it’s a strong stock.

Northland stock currently trades at 15.4 times earnings, with a forward price-to-earnings ratio of 19. Therefore, investors think shares will be in higher demand come the future. It still trades at 2.7 times sales, 1.4 times book value, and just 8.3 of enterprise value (EV) over earnings before interest, taxes, depreciation and amortization (EBITDA). All in all, NIP’s a valuable stock, with a great dividend.

180