BLX:CA:TSX-Boralex Inc (CAD)

COMMON STOCK | Utilities-Renewable | TSX

Last Closing Price

CAD 54.72

Change

0.00 (0.00)%

Market Cap

CAD 5.61B

Volume

0.68M

Average Target Price

CAD 42.13 (-23.02%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, the United Kingdom, and the United States. As of December 31, 2019, the company had interests in 85 wind power stations with an installed capacity of 1,795 megawatts (MW); 16 hydroelectric power stations with a capacity of 182 MW; two thermal power stations with an installed capacity of 47 MW; and three solar power stations with an installed capacity of 16 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was founded in 1982 and is headquartered in Kingsey Falls, Canada. Address: 36 Lajeunesse Street, Kingsey Falls, QC, Canada, J0A 1B0

Company Website : http://www.boralex.com

Address : 36 Lajeunesse Street, Kingsey Falls, QC, Canada, J0A 1B0

Employees : 509

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.67

52 Week High : 56.70

Short Ratio : 1.51

52 Week Low : 17.64

Shorted Shares : 1,047,959

200 Day Moving Average : 39.12

Shorted Shares Previous Month : 710,473

50 Day Moving Average : 46.94

Shares Held By Insiders : 25.43%

Short Percentage : 1.00%

Shares Held by Institutions : 53.81%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-24 )

Largest Industry Peers for Utilities-Renewable

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BEP-UN:CA Brookfield Renewable Partners ..

N/A

 CAD17.23B 153.53 23.91
AQN:CA Algonquin Power & Utilities Co..

N/A

 CAD13.12B 27.14 19.83
BEPC:CA Brookfield Renewable Corporati..

N/A

 CAD12.86B 98.68 321.33
NPI:CA Northland Power Inc

N/A

 CAD10.04B 26.30 11.80
RNW:CA TransAlta Renewables Inc

N/A

 CAD6.02B 68.81 23.43
INE:CA Innergex Renewable Energy Inc

N/A

 CAD5.47B 272.25 20.96
CSE-PA:CA Capstone Infrastructure Corpor..

N/A

 CAD3.95B N/A N/A
INE-PA:CA Innergex Renewable Energy Inc

N/A

 CAD2.15B 73.25 N/A
PIF:CA Polaris Infrastructure Inc

N/A

 CAD0.36B 18.95 8.00
ETX:CA Etrion Corporation

N/A

 CAD0.17B 8.25 5.59

ETFs Containing BLX:CA

Symbol Name Weight Mer Price(Change) Market Cap
FAI:CA CI First Asset Active Uti.. 0.00 % 0.65 %

N/A

 CAD0.03B
WXM:CA CI First Asset Morningsta.. 0.00 % 0.60 %

N/A

 CAD0.82B
ZUT:CA BMO Equal Weight Utilitie.. 0.00 % 0.55 %

N/A

 CAD0.45B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Renewable)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.83% 83% B 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 15.83% 83% B 90% A-
Trailing 12 Months  
Capital Gain 100.95% 91% A- 94% A
Dividend Return 1.82% 11% F 44% F
Total Return 102.77% 91% A- 94% A
Trailing 5 Years  
Capital Gain 277.90% 100% A+ 92% A-
Dividend Return 19.13% 17% F 60% D-
Total Return 297.03% 100% A+ 92% A-
Average Annual (5 Year Horizon)  
Capital Gain 21.23% 100% A+ 90% A-
Dividend Return 2.75% 33% F 73% C
Total Return 23.97% 100% A+ 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 30.89% 27% F 25% F
Risk Adjusted Return 77.59% 64% D 85% B
Market Capitalization 5.61B 58% F 89% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Renewable)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1,765.16 9% F 0% N/A
Price/Book Ratio 5.79 40% F 16% F
Price / Cash Flow Ratio 19.09 42% F 12% F
EV/EBITDA 20.78 50% F 27% F
Management Effectiveness  
Return on Equity 0.81% 45% F 52% F
Return on Invested Capital 2.31% 25% F 45% F
Return on Assets 2.62% 67% D+ 63% D
Debt to Equity Ratio 336.63% 36% F 6% F
Technical Ratios  
Short Ratio 1.51 58% F 42% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.67 45% F 80% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector