Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
MXG.TO
HOLDREMOVEMaxim Power Corp. · Utilities · Canada · $198M · Avg Vol: $58K/d
Maxim Power is a small-scale utility operator in Alberta. It is highly capital-intensive, subject to local regulatory decisions, and lacks the global scale, pricing power, or structural tailwinds required for a high-conviction position.
COMPANY DESCRIPTION
Maxim Power Corp. is an independent power producer based in Alberta, Canada, focused on the acquisition, development, and operation of power generation facilities. The company's flagship asset is the Milner 2 (M2) facility, a highly efficient natural gas-fired power plant that provides reliable baseload power to the Alberta grid. Maxim benefits from a strong regional market position and the flexibility to transition to lower-emission generation technologies.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 102M | 30M | 74M | 63M | -15.0% |
| EPS | — | 0.61 | 0.41 | 0.30 | 0.19 | -32.4% |
| Shares | — | 50M | 51M | 64M | 64M | +26.8% |
| Debt | 39M | 60M | 59M | 55,769 | 206,417 | -73.0% |
| Equity | — | 195M | 216M | 229M | 241M | 7.4% |
| Op CF | — | 55M | 17M | 61M | 22M | -26.0% |
| Inv CF | — | -42M | -23M | 5M | -2M | — |
| Fin CF | — | 14M | -8M | -68M | -642,428 | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of MXG.TO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MXG.TO | Maxim Power Corp.(you) | $198M | 36 | HOLD |
| CPX.TO | Capital Power Corporation | $7.9B | 35 | SELL |
| TA.TO | TransAlta Corporation | $4.2B | 10 | STRONG SELL |
| PIF.TO | Polaris Renewable Energy Inc. | $199M | 98 | STRONG BUY |
| BLX.TO | Boralex Inc. | $2.8B | 55 | HOLD |
| AQN | Algonquin Power & Utilities Corp. | $4.6B | 47 | HOLD |
| SPB.TO | Superior Plus Corp. | $1.3B | 96 | STRONG BUY |
| H.TO | Hydro One Limited | $25.2B | 41 | HOLD |
| CU.TO | Canadian Utilities Limited | $10.0B | 65 | HOLD |
| ACO-X.TO | ATCO Ltd. | $5.0B | 83 | STRONG BUY |
Peer medians: ROE 2.7% · P/E 24.2x · Gross margin 45.5%