Boralex is an independent power producer focused on the development and operation of renewable energy facilities in North America and Europe. We view it as a strong developer of renewables amid an increasingly competitive backdrop. We credit the company for its historical focus on under-the-radar and generally smaller projects compared with peers.
Boralex has a history of being a disciplined developer of renewable energy projects.
Boralex’s long-term strategy seeks to expand its solar presence, where it has limited experience.
|
Metric
|
BLX
|
BEP
|
NPI
|
|---|---|---|---|
Price/Earnings (Normalized) | 32.53 | — | 13.58 |
Price/Book Value | 2.14 | 2.31 | 1.41 |
Price/Sales | 3.79 | 1.48 | 2.40 |
Price/Cash Flow | 7.64 | 6.42 | 5.66 |
|
Metric
|
BLX
|
BEP
|
NPI
|
|---|---|---|---|
Quick Ratio | 0.88 | 0.33 | 0.68 |
Current Ratio | 0.96 | 0.52 | 0.86 |
Interest Coverage | 2.40 | 0.98 | 1.53 |
|
Metric
|
BLX
|
BEP
|
NPI
|
|---|---|---|---|
Return on Assets (Normalized) | 2.18% | −0.33% | 2.57% |
Return on Equity (Normalized) | 8.64% | −6.08% | 8.69% |
Return on Invested Capital (Normalized) | 3.80% | 2.57% | 4.52% |
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1-Day Chart
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Name
|
Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
|
Market Cap
|
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United States