Boralex Inc.

TSX:BLX Rapport sur les actions

Capitalisation boursière : CA$3.8b

Boralex Gestion

Gestion contrôle des critères 3/4

Le PDG Boralex est Patrick Decostre, nommé en Dec2020, a un mandat de 5.42 ans. La rémunération annuelle totale est CA$ 2.18M, composée du salaire de 31.3% et des bonus 68.7%, y compris les actions et options de la société. détient directement 0.025% des actions de la société, d'une valeur de CA$ 961.17K. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 3.6 ans et 5.2 ans.

Informations clés

Patrick Decostre

Directeur général

CA$2.2m

Rémunération totale

Pourcentage du salaire du PDG31.26%
Durée du mandat du directeur général5.4yrs
Propriété du PDG0.03%
Durée moyenne d'occupation des postes de direction3.6yrs
Durée moyenne du mandat des membres du conseil d'administration5.2yrs

Mises à jour récentes de la gestion

Recent updates

Mise à jour du récit May 23

BLX: Pending Take Private Deal And Mixed Ratings Will Shape Returns

Analysts have nudged the fair value estimate for Boralex higher to CA$36.88 from CA$36.43, reflecting mixed research updates that include both target cuts related to the pending Brookfield Renewables take private transaction and price target increases from other firms. Analyst Commentary Recent research updates around Boralex cluster around the pending take private transaction with Brookfield Renewables, which is influencing both ratings and price targets.
Mise à jour du récit Apr 26

BLX: Possible Go Private And Split Outlook Will Shape Future Returns

Narrative Update on Boralex Boralex's updated analyst price target has moved by about CA$0.71 per share. This reflects mixed recent Street research, where some analysts raised their targets while others trimmed them or adjusted ratings, and is supported by revised assumptions for fair value, discount rate, revenue growth, profit margin and future P/E expectations.
Mise à jour du récit Apr 10

BLX: Possible Take Private And Mixed Outlook May Support Steady Returns

Boralex's analyst price target has shifted to CA$35.72 from CA$34.00, reflecting mixed but generally supportive views from recent research, as analysts balance updated expectations for growth, margins, and future P/E against a cluster of revised CA$35 to CA$41 targets. Analyst Commentary Bullish Takeaways Bullish analysts raising their price targets by more than CA$6 suggest they see room for upside against the current CA$35.72 consensus, even after recent revisions.
Mise à jour du récit Mar 25

BLX: Battery Storage Scale And Possible Take Private May Support Steady Returns

Analysts have trimmed their price target for Boralex from CA$36 to CA$35, citing updated assumptions around discount rates and valuation multiples, while keeping core growth and margin expectations broadly consistent. Analyst Commentary Recent research indicates that the slight reduction in the price target to CA$35 is driven more by updated assumptions around discount rates and valuation multiples than by changes to the underlying business outlook.
Mise à jour du récit Mar 11

BLX: Growing Battery Storage Portfolio Will Support Long Term Upside

Analysts have trimmed their price target on Boralex to CA$35 from CA$36, reflecting updated views on fair value, discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research maintains a positive stance on Boralex while trimming the price target to CA$35 from CA$36.
Mise à jour du récit Feb 24

BLX: Expanding Storage Capacity Will Drive Future Upside Potential

Analysts have maintained their fair value estimate for Boralex at CA$35.00, with only minor model adjustments to the discount rate, revenue growth, profit margin and future P/E inputs supporting this unchanged price target. What's in the News Boralex announced that the consented Sallachy Wind Farm in Scotland has secured a Contract for Difference in the United Kingdom Government's seventh allocation round, with expected installed capacity of 44 MW and planned commissioning in 2028, aligning with Scotland's onshore wind targets (Client Announcements).
Mise à jour du récit Feb 10

BLX: Growing Storage Portfolio And New Wind Approval Will Support Upside

Analysts have kept their fair value estimate for Boralex steady at $35.00, with only small adjustments to assumptions such as discount rate, profit margin and future P/E contributing to the latest price target update. What's in the News Boralex and Walpole Island First Nation commissioned the Sanjgon Battery Energy Storage facility in Lakeshore, Ontario, an 80 MW / 320 MWh site that is the company’s first operational energy storage facility in North America and can deliver four hours of full-power output to the grid (Key Developments).
Article d’analyse Feb 08

Sentiment Still Eluding Boralex Inc. (TSE:BLX)

With a median price-to-sales (or "P/S") ratio of close to 2.9x in the Renewable Energy industry in Canada, you could be...
Mise à jour du récit Jan 26

BLX: Storage Expansion And New Wind Projects Will Support Future Momentum

Analysts have trimmed their price target on Boralex to C$35.00 from C$35.60, reflecting updated assumptions on growth, margins and future P/E that are broadly consistent with the recent reduction in the Street target to C$36 from C$38. Analyst Commentary Recent Street adjustments on Boralex have been relatively measured, with price targets nudged lower but ratings held steady.
Mise à jour du récit Jan 12

BLX: Storage And Wind Projects Will Support Long Term Power Momentum

Analysts have kept their fair value view on Boralex steady at about C$35.60, while Street price targets have shifted modestly, with one moving down to C$36 and another up to C$39, citing mixed expectations for Q3 power generation and pricing against a backdrop of more volatile markets and credit spreads. Analyst Commentary Recent Street research on Boralex points to a split view, with some analysts leaning more optimistic on upside potential and others taking a more cautious stance as they reassess price targets around the mid C$30s.
Mise à jour du récit Dec 25

BLX: Québec Wind And Battery Projects Will Drive Long Term Power Momentum

Analysts have trimmed their average price target on Boralex by about C$1 to approximately C$36. This reflects a modestly lower fair value and a slightly higher discount rate, even as they still see solid long term growth potential for power producers relative to regulated utilities.
Mise à jour du récit Dec 11

BLX: Québec Wind Expansion Will Drive Long Term Power Segment Momentum

Analysts have nudged their consolidated price target for Boralex slightly lower to about C$36.40 from roughly C$36.90, balancing a recent C$2 cut to C$36 with a C$1 increase to C$39 as they factor in softer power-generation trends, muted realized pricing, and only modest adjustments to long term growth and valuation assumptions. Analyst Commentary Street research on Boralex reflects a mixed but generally constructive stance, with some trimming of expectations but continued confidence in the company’s long term growth profile and relative valuation upside within the power space.
Mise à jour du récit Nov 27

BLX: Upcoming Québec Wind Project Will Support Power Segment Momentum

Analysts have adjusted their price targets for Boralex, with recent research reflecting both upward and downward revisions between C$36 and C$39. The changes are attributed to a mix of softer sector trends as well as expectations for regulated utility performance.
Mise à jour du récit Nov 11

BLX: Upcoming Commercial Operation In Québec Will Drive Sector Momentum

Analysts have revised Boralex's price target downward from C$38.10 to C$36.90, citing a modest increase in the discount rate, tempered fair value estimates, ongoing sector volatility, and shifting growth expectations. Analyst Commentary Recent analyst updates highlight a range of perspectives on Boralex's current valuation and future trajectory.
Article d’analyse Oct 04

Boralex (TSE:BLX) Might Be Having Difficulty Using Its Capital Effectively

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Article d’analyse Sep 09

Why Investors Shouldn't Be Surprised By Boralex Inc.'s (TSE:BLX) P/S

When you see that almost half of the companies in the Renewable Energy industry in Canada have price-to-sales ratios...
Article d’analyse Jul 05

Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Article d’analyse Jun 17

Is Boralex (TSE:BLX) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Article d’analyse May 22

We Think You Can Look Beyond Boralex's (TSE:BLX) Lackluster Earnings

Boralex Inc.'s ( TSE:BLX ) earnings announcement last week didn't impress shareholders. While the headline numbers were...
Article d’analyse Feb 21

Boralex's (TSE:BLX) Returns On Capital Are Heading Higher

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
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Nouveau récit Jan 30

New Projects And Partnerships Will Expand Renewable Capacity Amid Great British Energy Support

Expansion through new projects in Quebec, Scotland, and Ontario is expected to drive future revenue growth and enhanced risk management.
Article d’analyse Jan 27

Boralex Inc.'s (TSE:BLX) P/E Still Appears To Be Reasonable

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
Article d’analyse Jan 09

Is Boralex (TSE:BLX) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Article d’analyse Oct 22

We Ran A Stock Scan For Earnings Growth And Boralex (TSE:BLX) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Article d’analyse Oct 04

Boralex Inc.'s (TSE:BLX) P/E Still Appears To Be Reasonable

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 15x, you may consider...
Article d’analyse Sep 19

Boralex (TSE:BLX) Is Doing The Right Things To Multiply Its Share Price

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Article d’analyse Sep 04

We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Article d’analyse Jun 09

Returns Are Gaining Momentum At Boralex (TSE:BLX)

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Article d’analyse Apr 09

Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear

Boralex Inc.'s ( TSE:BLX ) price-to-earnings (or "P/E") ratio of 36.9x might make it look like a strong sell right now...
Article d’analyse Feb 13

Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Article d’analyse Dec 02

Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Article d’analyse Nov 02

Here's Why Boralex (TSE:BLX) Is Weighed Down By Its Debt Load

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Analyse de la rémunération des PDG

Comment la rémunération de Patrick Decostre a-t-elle évolué par rapport aux bénéfices de Boralex?
DateRémunération totaleSalaireBénéfices de l'entreprise
Mar 31 2026n/an/a

-CA$32m

Dec 31 2025CA$2mCA$683k

CA$7m

Sep 30 2025n/an/a

-CA$23m

Jun 30 2025n/an/a

-CA$10m

Mar 31 2025n/an/a

CA$11m

Dec 31 2024CA$2mCA$674k

CA$36m

Sep 30 2024n/an/a

CA$89m

Jun 30 2024n/an/a

CA$95m

Mar 31 2024n/an/a

CA$100m

Dec 31 2023CA$2mCA$626k

CA$78m

Sep 30 2023n/an/a

CA$55m

Jun 30 2023n/an/a

CA$19m

Mar 31 2023n/an/a

CA$13m

Dec 31 2022CA$2mCA$546k

CA$30m

Sep 30 2022n/an/a

CA$33m

Jun 30 2022n/an/a

CA$57m

Mar 31 2022n/an/a

CA$31m

Dec 31 2021CA$2mCA$503k

CA$17m

Sep 30 2021n/an/a

CA$26m

Jun 30 2021n/an/a

CA$40m

Mar 31 2021n/an/a

CA$50m

Dec 31 2020CA$1mCA$382k

CA$55m

Sep 30 2020n/an/a

CA$3m

Jun 30 2020n/an/a

-CA$20m

Mar 31 2020n/an/a

-CA$27m

Dec 31 2019CA$800kCA$359k

-CA$39m

Rémunération vs marché: La rémunération totale de Patrick ($USD 1.58M ) est inférieure à la moyenne des entreprises de taille similaire sur le marché Canadian ($USD 3.19M ).

Rémunération et revenus: La rémunération de Patrick a augmenté alors que l'entreprise n'est pas rentable.


PDG

Patrick Decostre (52 yo)

5.4yrs
Titularisation
CA$2,183,153
Compensation

Mr. Patrick Decostre serves as an Independent Director at CAE Inc. since may 16, 2024. He serves as the President, Chief Executive Officer and Director of Boralex Inc. since December 1, 2020. He served as...


Équipe de direction

NomPositionTitularisationCompensationPropriété
Patrick Decostre
President5.4yrsCA$2.18m0.025%
CA$ 961.2k
Stéphane Milot
Vice President of Investor Relations and Financial Planning & Analysisless than a yearCA$617.66k0.0039%
CA$ 146.6k
Pascal Hurtubise
Executive VP & Chief Legal Officer8.9yrsCA$785.74k0.010%
CA$ 378.9k
Philippe Bonin
Executive VP & CFOless than a yearpas de donnéespas de données
Eric Cantin
Vice President of Corporate Financeno datapas de données0.0046%
CA$ 174.3k
Isabelle Fontaine
Senior Vice President of Marketing3.6yrspas de données0.0031%
CA$ 118.2k
Marie-Josée Arsenault
Executive VP and Chief People & Culture Officer4.3yrspas de données0.011%
CA$ 420.5k
Julie Cusson
Senior Vice President of Synergies & Special Projectsno datapas de donnéespas de données
Adam Rosso
Senior Vice President of Development of North Americano datapas de donnéespas de données
Rabindra Mishra
Deputy Managing Director of Development Europe3.6yrspas de donnéespas de données
Pascal Laprise-Demers
Senior Vice President of Corporate Strategy & Business Performance3.6yrspas de données0.0034%
CA$ 126.9k
Nicolas Mabboux
Senior Vice President of IT and Digital Transformation4.3yrspas de données0.0038%
CA$ 143.2k
3.6yrs
Durée moyenne de l'emploi

Gestion expérimentée: L'équipe de direction de BLX est considérée comme expérimentée (ancienneté moyenne 3.6 ans).


Membres du conseil d'administration

NomPositionTitularisationCompensationPropriété
Patrick Decostre
President5.4yrsCA$2.18m0.025%
CA$ 961.2k
Patrick Lemaire
Independent Director19.9yrsCA$144.72k0.032%
CA$ 1.2m
Nadia Martel
Independent Director1yrCA$108.20kpas de données
Zin Smati
Independent Director5yrsCA$195.25k0.0078%
CA$ 295.1k
Lise Croteau
Independent Director8yrsCA$199.25kpas de données
Dany St-Pierre
Independent Director10yrsCA$178.10k0.0015%
CA$ 56.5k
Ricky Fontaine
Independent Director1.8yrsCA$169.25k0.0035%
CA$ 131.8k
Marie-Claude Dumas
Independent Director7yrsCA$196.25k0.0042%
CA$ 158.4k
Remi Lalonde
Independent Director1yrCA$116.70kpas de données
Andre Courville
Independent Chairman of the Board7yrsCA$229.25k0.0080%
CA$ 302.0k
Dominique Miniere
Independent Director2.3yrsCA$172.25kpas de données
Ted Giorgio
Independent Directorless than a yearCA$42.54kpas de données
5.2yrs
Durée moyenne de l'emploi
63yo
Âge moyen

Conseil d'administration expérimenté: Les membres du conseil d'administration de BLX sont considérés comme expérimentés (ancienneté moyenne 5.2 ans).


Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/26 01:12
Cours de l'action en fin de journée2026/05/26 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Boralex Inc. est couverte par 18 analystes. 3 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Mark WestbyATB Cormark
Nicholas BoychukATB Cormark Historical (Cormark Securities)
Benjamin PhamBMO Capital Markets Equity Research