BLX Stock Overview
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
Boralex Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$27.57 |
| 52 Week High | CA$41.50 |
| 52 Week Low | CA$25.40 |
| Beta | 0.41 |
| 1 Month Change | 1.51% |
| 3 Month Change | -17.06% |
| 1 Year Change | -30.64% |
| 3 Year Change | -33.39% |
| 5 Year Change | 49.76% |
| Change since IPO | 635.20% |
Recent News & Updates
Recent updates
Boralex Inc.'s (TSE:BLX) Popularity With Investors Is Clear
Apr 09
Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt
Feb 13Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Dec 02Here's Why Boralex (TSE:BLX) Is Weighed Down By Its Debt Load
Nov 02Returns At Boralex (TSE:BLX) Appear To Be Weighed Down
Aug 17Is Boralex (TSE:BLX) A Risky Investment?
Aug 01Industry Analysts Just Upgraded Their Boralex Inc. (TSE:BLX) Revenue Forecasts By 10%
May 11Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet
May 02Boralex's (TSE:BLX) Returns On Capital Are Heading Higher
Apr 17Calculating The Fair Value Of Boralex Inc. (TSE:BLX)
Mar 20Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today
Feb 27Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?
Jan 27Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Jan 14Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today
Nov 28A Look At The Fair Value Of Boralex Inc. (TSE:BLX)
Nov 08Returns Are Gaining Momentum At Boralex (TSE:BLX)
Oct 11Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly
Sep 29With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case
Aug 22Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)
Aug 08Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital
Jul 07Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt
Jun 15Returns On Capital At Boralex (TSE:BLX) Have Stalled
Mar 06Estimating The Fair Value Of Boralex Inc. (TSE:BLX)
Feb 03Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?
Dec 19Here's Why We Think Boralex (TSE:BLX) Is Well Worth Watching
Nov 19Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends
Nov 02We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt
Aug 31Boralex (TSE:BLX) Has More To Do To Multiply In Value Going Forward
Jul 19These 4 Measures Indicate That Boralex (TSE:BLX) Is Using Debt Extensively
May 21Shareholder Returns
| BLX | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | 4.0% | 4.7% | 1.2% |
| 1Y | -30.6% | -28.5% | 6.1% |
Return vs Industry: BLX underperformed the Canadian Renewable Energy industry which returned -28.5% over the past year.
Return vs Market: BLX underperformed the Canadian Market which returned 6.1% over the past year.
Price Volatility
| BLX volatility | |
|---|---|
| BLX Average Weekly Movement | 3.8% |
| Renewable Energy Industry Average Movement | 4.3% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: BLX has not had significant price volatility in the past 3 months.
Volatility Over Time: BLX's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1982 | 753 | Patrick Decostre | www.boralex.com |
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe.
Boralex Inc. Fundamentals Summary
| BLX fundamental statistics | |
|---|---|
| Market cap | CA$2.83b |
| Earnings (TTM) | CA$78.00m |
| Revenue (TTM) | CA$1.02b |
36.3x
P/E Ratio2.8x
P/S RatioIs BLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLX income statement (TTM) | |
|---|---|
| Revenue | CA$1.02b |
| Cost of Revenue | CA$380.00m |
| Gross Profit | CA$642.00m |
| Other Expenses | CA$564.00m |
| Earnings | CA$78.00m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 15, 2024
| Earnings per share (EPS) | 0.76 |
| Gross Margin | 62.82% |
| Net Profit Margin | 7.63% |
| Debt/Equity Ratio | 162.1% |
How did BLX perform over the long term?
See historical performance and comparison