Boralex Inc.

TSX:BLX Aktierapport

Börsvärde: CA$3.8b

Boralex Förvaltning

Förvaltning kriterier kontrolleras 3/4

Boralex VD är Patrick Decostre, utsedd i Dec 2020, har en mandatperiod på 5.42 år. totala årliga ersättningen är CA$ 2.18M, bestående av 31.3% lön 68.7% bonusar, inklusive företagsaktier och optioner. äger direkt 0.022% av företagets aktier, värda CA$ 848.18K. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 3.6 år respektive 5.2 år.

Viktig information

Patrick Decostre

Verkställande direktör

CA$2.2m

Total ersättning

VD-lön i procent31.26%
Anställning som VD5.4yrs
Ägande av VD0.02%
Ledningens genomsnittliga anställningstid3.6yrs
Styrelsens genomsnittliga mandatperiod5.2yrs

Senaste uppdateringar av ledningen

Recent updates

Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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).
Uppdatering av berättelse 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).
Analysartikel 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...
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Uppdatering av berättelse 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.
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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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Ny berättelse 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.
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...
Analysartikel 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...

Analys av ersättningar till VD

Hur har Patrick Decostre:s ersättning förändrats jämfört med Boralex:s resultat?
DatumTotal ersättningLönFöretagets resultat
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

Ersättning vs marknad: Patrick s total kompensation ($USD 1.59M ) är under genomsnittet för företag av liknande storlek på Canadian marknaden ($USD 3.19M ).

Ersättning vs inkomst: Ersättningen för Patrick har ökat samtidigt som företaget är olönsamt.


VD OCH KONCERNCHEF

Patrick Decostre (52 yo)

5.4yrs
Anställning
CA$2,183,153
Kompensation

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...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Patrick Decostre
President5.4yrsCA$2.18m0.022%
CA$ 848.2k
Stéphane Milot
Vice President of Investor Relations and Financial Planning & Analysisless than a yearCA$617.66k0.0039%
CA$ 146.5k
Pascal Hurtubise
Executive VP & Chief Legal Officer8.9yrsCA$785.74k0.010%
CA$ 378.7k
Philippe Bonin
Executive VP & CFOless than a yearinga uppgifteringa uppgifter
Eric Cantin
Vice President of Corporate Financeno datainga uppgifter0.0046%
CA$ 174.2k
Isabelle Fontaine
Senior Vice President of Marketing3.6yrsinga uppgifter0.0031%
CA$ 118.1k
Marie-Josée Arsenault
Executive VP and Chief People & Culture Officer4.3yrsinga uppgifter0.011%
CA$ 420.3k
Julie Cusson
Senior Vice President of Synergies & Special Projectsno datainga uppgifteringa uppgifter
Adam Rosso
Senior Vice President of Development of North Americano datainga uppgifteringa uppgifter
Rabindra Mishra
Deputy Managing Director of Development Europe3.6yrsinga uppgifteringa uppgifter
Pascal Laprise-Demers
Senior Vice President of Corporate Strategy & Business Performance3.6yrsinga uppgifter0.0034%
CA$ 126.8k
Nicolas Mabboux
Senior Vice President of IT and Digital Transformation4.3yrsinga uppgifter0.0038%
CA$ 143.1k
3.6yrs
Genomsnittlig anställningstid

Erfaren ledning: BLX s ledningsgrupp anses vara erfaren ( 3.6 års genomsnittlig anställningstid).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Patrick Decostre
President5.4yrsCA$2.18m0.022%
CA$ 848.2k
Patrick Lemaire
Independent Director19.9yrsCA$144.72k0.032%
CA$ 1.2m
Nadia Martel
Independent Director1yrCA$108.20kinga uppgifter
Zin Smati
Independent Director5yrsCA$195.25k0.0078%
CA$ 295.0k
Lise Croteau
Independent Director8yrsCA$199.25kinga uppgifter
Dany St-Pierre
Independent Director10yrsCA$178.10k0.0015%
CA$ 56.4k
Ricky Fontaine
Independent Director1.8yrsCA$169.25k0.0035%
CA$ 131.8k
Marie-Claude Dumas
Independent Director7yrsCA$196.25k0.0042%
CA$ 158.3k
Remi Lalonde
Independent Director1yrCA$116.70kinga uppgifter
Andre Courville
Independent Chairman of the Board7yrsCA$229.25k0.0080%
CA$ 301.8k
Dominique Miniere
Independent Director2.3yrsCA$172.25kinga uppgifter
Ted Giorgio
Independent Directorless than a yearCA$42.54kinga uppgifter
5.2yrs
Genomsnittlig anställningstid
63yo
Genomsnittlig ålder

Erfaren styrelse: BLX s styrelse anses vara erfaren ( 5.2 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/20 05:44
Aktiekurs vid dagens slut2026/05/20 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Boralex Inc. bevakas av 18 analytiker. 3 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

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