Maxim Power (MXG) AI Stock Analysis

• Market Cap: C$263.51M
• Dividend Yield: 9.73%
• Average Volume (3M): 6.82K
• Price to Earnings (P/E): 26.8
• Beta (1Y): 0.84
• Revenue Growth: -9.28%
• EPS Growth: -41.90%
• Country: CA
• Employees: 51
• Sector: Utilities
• Sector Strength: 65
• Industry: Independent Power Producers
• EPS (TTM): 0.15
• Shares Outstanding: 63,496,600
• 10 Day Avg. Volume: 5,795
• 30 Day Avg. Volume: 6,818
• PEG Ratio: -0.39
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 3.43
• P/FCF Ratio: 15.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: C$4.50 ▲(8.43% Upside)
• Action: Reiterated
• Date: 08/17/26

Positive Factors

Extremely low leverage

Minimal debt reduces interest burden and refinancing risk, preserving financial flexibility through power-market cycles. The large equity base also gives Maxim capacity to fund maintenance or strategic investment without relying heavily on external financing.

Negative Factors

Declining revenue trend

Recent revenue contraction indicates weaker realized power prices, lower output, or both, and reduces the base available to absorb fixed operating costs. If the decline persists, it could constrain earnings recovery and reduce internal funding for asset investment.

Maxim Power Business Overview & Revenue Model

Company Description

Maxim Power Corp. functions as an independent energy producer, specializing in the creation, possession, and ongoing management of electricity generation sites across Canada. The firm's flagship asset is the Milner 2 power plant, a 204-megawatt fa...

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Maxim Power Corp. functions as an independent energy producer, specializing in the creation, possession, and ongoing management of electricity generation sites across Canada. The firm's flagship asset is the Milner 2 power plant, a 204-megawatt fa...

How the Company Makes Money

Maxim Power makes money primarily by generating electricity and selling it into wholesale power markets, where revenue is generally driven by the market price of power and the volume of electricity produced. Key revenue streams typically include (...

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Maxim Power makes money primarily by generating electricity and selling it into wholesale power markets, where revenue is generally driven by the market price of power and the volume of electricity produced. Key revenue streams typically include (...

Maxim Power Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	72.01M	82.72M	101.48M	38.47M	141.26M	156.01M
Gross Profit	16.72M	7.93M	42.83M	-9.94M	53.50M	77.94M
EBITDA	15.14M	15.74M	51.10M	55.45M	70.81M	113.48M
Net Income	9.78M	16.69M	21.95M	28.30M	42.28M	78.51M
Balance Sheet
Total Assets	375.88M	383.42M	359.10M	425.84M	382.11M	312.44M
Cash, Cash Equivalents and Short-Term Investments	34.77M	56.92M	30.07M	32.26M	51.38M	13.55M
Total Debt	264.00K	285.00K	77.00K	81.31M	82.81M	53.85M
Total Liabilities	45.95M	50.28M	43.08M	128.09M	113.45M	85.25M
Stockholders Equity	329.94M	333.14M	316.02M	297.75M	268.65M	227.18M
Cash Flow
Free Cash Flow	-663.00K	18.34M	76.88M	-3.58M	-4.68M	16.64M
Operating Cash Flow	30.88M	32.14M	84.07M	23.84M	76.41M	105.22M
Investing Cash Flow	-34.90M	-4.61M	7.30M	-32.09M	-57.79M	-85.31M
Financing Cash Flow	-1.50M	-660.00K	-93.64M	-10.86M	19.28M	-18.60M

Maxim Power Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MXG, the sentiment is Neutral. The current price of 4.15 is above the 20-day moving average (MA) of 4.13, below the 50-day MA of 4.19, and below the 200-day MA of 4.35, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 50.29 is Neutral, neither overbought nor oversold. The STOCH value of 73.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MXG.

Maxim Power Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
ACO.X	62 Neutral	C$7.35B	44.93	3.90%	2.84%	4.81%	-58.62%
NPI	60 Neutral	C$5.47B	-38.04	-3.46%	4.02%	15.39%	-180.64%
MXG	58 Neutral	C$263.51M	26.77	2.95%	9.73%	-9.28%	-41.90%
CPX	58 Neutral	C$9.90B	117.86	2.31%	4.39%	28.71%	-83.38%
TA	48 Neutral	C$5.23B	-64.60	-1.50%	1.63%	-9.61%	54.17%

Maxim Power Corporate Events