INE Stock Overview
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 1/6 |
Innergex Renewable Energy Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.02 |
| 52 Week High | CA$14.40 |
| 52 Week Low | CA$7.05 |
| Beta | 0.35 |
| 1 Month Change | -1.11% |
| 3 Month Change | -12.73% |
| 1 Year Change | -43.64% |
| 3 Year Change | -64.70% |
| 5 Year Change | -43.64% |
| Change since IPO | -3.72% |
Recent News & Updates
Recent updates
Cautious Investors Not Rewarding Innergex Renewable Energy Inc.'s (TSE:INE) Performance Completely
Feb 02
A Look At The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)
Dec 08Here's Why Innergex Renewable Energy (TSE:INE) Is Weighed Down By Its Debt Load
Sep 25Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Sep 07Innergex Renewable Energy (TSE:INE) Has No Shortage Of Debt
Jun 13Calculating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Feb 02Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Jan 11Innergex Renewable Energy (TSE:INE) Use Of Debt Could Be Considered Risky
Oct 10A Look At The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Sep 19These 4 Measures Indicate That Innergex Renewable Energy (TSE:INE) Is Using Debt In A Risky Way
Jun 10Calculating The Fair Value Of Innergex Renewable Energy Inc. (TSE:INE)
May 20Estimating The Intrinsic Value Of Innergex Renewable Energy Inc. (TSE:INE)
Feb 08Here's Why Innergex Renewable Energy (TSE:INE) Is Weighed Down By Its Debt Load
Nov 11Is Innergex Renewable Energy Inc. (TSE:INE) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 12Shareholder Returns
| INE | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | 1.3% | -3.3% | -1.9% |
| 1Y | -43.6% | -30.8% | 3.7% |
Return vs Industry: INE underperformed the Canadian Renewable Energy industry which returned -30.8% over the past year.
Return vs Market: INE underperformed the Canadian Market which returned 3.7% over the past year.
Price Volatility
| INE volatility | |
|---|---|
| INE Average Weekly Movement | 5.7% |
| Renewable Energy Industry Average Movement | 4.4% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: INE has not had significant price volatility in the past 3 months.
Volatility Over Time: INE's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 602 | Michel Letellier | www.innergex.com |
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.
Innergex Renewable Energy Inc. Fundamentals Summary
| INE fundamental statistics | |
|---|---|
| Market cap | CA$1.64b |
| Earnings (TTM) | -CA$104.08m |
| Revenue (TTM) | CA$1.04b |
1.6x
P/S Ratio-15.7x
P/E RatioIs INE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INE income statement (TTM) | |
|---|---|
| Revenue | CA$1.04b |
| Cost of Revenue | CA$259.96m |
| Gross Profit | CA$781.62m |
| Other Expenses | CA$885.70m |
| Earnings | -CA$104.08m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 08, 2024
| Earnings per share (EPS) | -0.51 |
| Gross Margin | 75.04% |
| Net Profit Margin | -9.99% |
| Debt/Equity Ratio | 521.1% |
How did INE perform over the long term?
See historical performance and comparison