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BLX

Boralex TSX:BLX Stock Report

Last Price

CA$38.28

Market Cap

CA$3.9b

7D

2.8%

1Y

18.6%

Updated

07 Feb, 2023

Data

Company Financials +

BLX Stock Overview

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States.

BLX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends1/6

My Notes

New

Notes are coming soon

Boralex Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Boralex
Historical stock prices
Current Share PriceCA$38.28
52 Week HighCA$51.55
52 Week LowCA$31.63
Beta0.35
1 Month Change-7.54%
3 Month Change2.65%
1 Year Change18.55%
3 Year Change25.84%
5 Year Change66.72%
Change since IPO1,025.88%

Recent News & Updates

Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Jan 27
Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

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

Jan 14
Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

Nov 28
Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

Recent updates

Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Jan 27
Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

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

Jan 14
Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

Nov 28
Here's Why We Think Boralex (TSE:BLX) Might Deserve Your Attention Today

A Look At The Fair Value Of Boralex Inc. (TSE:BLX)

Nov 08
A Look At The Fair Value Of Boralex Inc. (TSE:BLX)

Returns Are Gaining Momentum At Boralex (TSE:BLX)

Oct 11
Returns Are Gaining Momentum At Boralex (TSE:BLX)

Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly

Sep 29
Boralex (TSE:BLX) Seems To Use Debt Quite Sensibly

With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case

Aug 22
With EPS Growth And More, Boralex (TSE:BLX) Makes An Interesting Case

Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)

Aug 08
Calculating The Intrinsic Value Of Boralex Inc. (TSE:BLX)

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

Jul 07
Boralex (TSE:BLX) Is Experiencing Growth In Returns On Capital

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

Jun 15
Boralex (TSE:BLX) Takes On Some Risk With Its Use Of Debt

Returns On Capital At Boralex (TSE:BLX) Have Stalled

Mar 06
Returns On Capital At Boralex (TSE:BLX) Have Stalled

Estimating The Fair Value Of Boralex Inc. (TSE:BLX)

Feb 03
Estimating The Fair Value Of Boralex Inc. (TSE:BLX)

Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Dec 19
Does Boralex (TSE:BLX) Have A Healthy Balance Sheet?

Here's Why We Think Boralex (TSE:BLX) Is Well Worth Watching

Nov 19
Here's Why We Think Boralex (TSE:BLX) Is Well Worth Watching

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

Nov 02
Boralex (TSE:BLX) Will Want To Turn Around Its Return Trends

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

Aug 31
We Think Boralex (TSE:BLX) Is Taking Some Risk With Its Debt

Boralex (TSE:BLX) Has More To Do To Multiply In Value Going Forward

Jul 19
Boralex (TSE:BLX) Has More To Do To Multiply In Value Going Forward

These 4 Measures Indicate That Boralex (TSE:BLX) Is Using Debt Extensively

May 21
These 4 Measures Indicate That Boralex (TSE:BLX) Is Using Debt Extensively

We Like These Underlying Return On Capital Trends At Boralex (TSE:BLX)

Apr 16
We Like These Underlying Return On Capital Trends At Boralex (TSE:BLX)

Estimating The Fair Value Of Boralex Inc. (TSE:BLX)

Mar 29
Estimating The Fair Value Of Boralex Inc. (TSE:BLX)

Did You Participate In Any Of Boralex's (TSE:BLX) Fantastic 197% Return ?

Mar 12
Did You Participate In Any Of Boralex's (TSE:BLX) Fantastic 197% Return ?

Can Boralex Inc. (TSE:BLX) Improve Its Returns?

Feb 22
Can Boralex Inc. (TSE:BLX) Improve Its Returns?

Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet

Feb 05
Boralex (TSE:BLX) Has A Somewhat Strained Balance Sheet

What You Need To Know About Boralex Inc.'s (TSE:BLX) Investor Composition

Jan 18
What You Need To Know About Boralex Inc.'s (TSE:BLX) Investor Composition

Should You Use Boralex's (TSE:BLX) Statutory Earnings To Analyse It?

Jan 01
Should You Use Boralex's (TSE:BLX) Statutory Earnings To Analyse It?

A Look At The Intrinsic Value Of Boralex Inc. (TSE:BLX)

Dec 17
A Look At The Intrinsic Value Of Boralex Inc. (TSE:BLX)

Does Boralex (TSE:BLX) Have The Makings Of A Multi-Bagger?

Nov 29
Does Boralex (TSE:BLX) Have The Makings Of A Multi-Bagger?

Shareholder Returns

BLXCA Renewable EnergyCA Market
7D2.8%-3.3%-1.0%
1Y18.6%-8.0%-4.4%

Return vs Industry: BLX exceeded the Canadian Renewable Energy industry which returned -5.8% over the past year.

Return vs Market: BLX exceeded the Canadian Market which returned -3.3% over the past year.

Price Volatility

Is BLX's price volatile compared to industry and market?
BLX volatility
BLX Average Weekly Movement4.2%
Renewable Energy Industry Average Movement4.3%
Market Average Movement9.8%
10% most volatile stocks in CA Market18.9%
10% least volatile stocks in CA Market3.8%

Stable Share Price: BLX is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BLX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982598Patrick Decostrehttps://www.boralex.com

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. As of December 31, 2021, the company had interests in 90 wind power stations with an installed capacity of 2,032 megawatts (MW); 16 hydroelectric power stations with a capacity of 181 MW; 12 solar power stations with an installed capacity of 244 MW; and one thermal power station with an installed capacity of 35 MW. It also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.

Boralex Inc. Fundamentals Summary

How do Boralex's earnings and revenue compare to its market cap?
BLX fundamental statistics
Market CapCA$3.93b
Earnings (TTM)CA$33.00m
Revenue (TTM)CA$707.00m

119.2x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLX income statement (TTM)
RevenueCA$707.00m
Cost of RevenueCA$144.00m
Gross ProfitCA$563.00m
Other ExpensesCA$530.00m
EarningsCA$33.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 24, 2023

Earnings per share (EPS)0.32
Gross Margin79.63%
Net Profit Margin4.67%
Debt/Equity Ratio155.8%

How did BLX perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

205%

Payout Ratio