# Maxim Power Corp. (MXG.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Utilities / Independent Power and Renewable Electricity Producers. Price C$4.15, market value C$264 million.

## Valuation
- **P/E (trailing): 27.7×** (5-yr avg 9.7×, 3-yr avg 13.7×). Maxim Power Corp. trades at 27.7× trailing earnings, well above its own five-year average of 9.7×: investors are paying up relative to the company's past. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 24.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.7×**. Each dollar of revenue is priced at 3.7×.
- **Price / book: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 13.7×**. Enterprise value is 13.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -0.3%** (5-yr avg 6.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 3.6%**. The inverse of the P/E: 3.6% of the price is earned each year.

## Profitability
- **Operating margin: -13.6%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 20.2%**. 20.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.0%**. 5.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: -3.1%**. Return on all capital, debt included, is -3.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.6%**. Each dollar of assets produces 2.6% of profit.

## Growth
- **Revenue growth (1 yr): -18.5%** (3-yr -16.3%/yr, 5-yr 12.1%/yr). Revenue fell 18.5% over the last year, against 12.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -31.6%** (3-yr -26.7%/yr, 5-yr 7.6%/yr). Earnings per share fell 31.6%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Maxim Power Corp. holds more cash than debt.
- **Interest coverage: -14.9×**. Operating profit covers interest only -14.9×: fragile.
- **Current ratio: 5.00** (quick 5.00). Current assets cover the next year's liabilities 5.00 times.
- **Altman Z-score: 4.75**. A Z-score of 4.75 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Maxim Power Corp. does not currently pay a dividend, but it returned 0.5% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (1 analyst). 1 analysts cover Maxim Power Corp.; the consensus is strong_buy, with an average price target of C$6.00 (+45% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -7.0%** (YTD -7.0%, 3-mo -2.8%). The shares are down 7.0% over twelve months including dividends.
- **From 52-week high: -13.9%** (3.8% above the low). Trading 14% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.03** (volatility 23%). Beta of 0.03 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MXG.TO · Page: https://foliofundamentals.com/stocks/mxg.to

Not investment advice.