ducovest

BLX:CA:TSX-Boralex Inc. Class A Shares

EQUITY | Utilities - Independent Power Producers | Toronto Stock Exchange

Last Closing

CAD 22.19

Change

-0.03 (-0.14)%

Market Cap

CAD 1.13B

Volume

0.32M

Analyst Target

CAD 24.66
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Boralex Inc is an independent producer of onshore wind power. The Company develops, builds and operates renewable energy power facilities in Canada, France and the United States.

Company Website : http://www.boralex.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-10-18 )

Largest Industry Peers for Utilities - Independent Power Producers

Symbol Name Price(Change) Market Cap
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TA-PJ:CA TransAlta Corp Pref J

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TA:CA TransAlta Corp

+0.17 (+1.91%)

 CAD 2.73B
MXG:CA Maxim Power Corp.

-0.07 (-1.57%)

 CAD 0.23B
BRF-PE:CA Brookfield Renewable Power Pre..

N/A

 N/A
BRF-PF:CA Brookfield Renewable Power Pre..

+0.04 (+0.24%)

 N/A
BRF-PB:CA Brookfield Renewable Power Pre..

-0.30 (-1.66%)

 N/A
BRF-PA:CA Brookfield Renewable Power Pre..

+0.05 (+0.30%)

 N/A

ETFs Containing BLX:CA

FAI 0.00 % 2.23 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Independent Power Producers) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 31.77% 69% C- 90% A-
Dividend Return 2.94% 22% F 73% C
Total Return 34.71% 69% C- 90% A-
Trailing 12 Months  
Capital Gain 27.46% 62% D 91% A-
Dividend Return 3.79% 22% F 73% C
Total Return 31.25% 46% F 91% A-
Trailing 5 Years  
Capital Gain 78.38% 91% A- 86% B+
Dividend Return 23.51% 44% F 77% C+
Total Return 101.89% 91% A- 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 11.39% 92% A 81% B-
Dividend Return 14.72% 85% B 84% B
Total Return 3.33% 40% F 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 21.01% 31% F 38% F
Risk Adjusted Return 70.05% 69% C- 75% C
Market Capitalization 1.13B 41% F 82% B

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Independent Power Producers) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 93.30 38% 10%
Price/Book Ratio 2.50 50% 25%
Price / Cash Flow Ratio 9.80 29% 32%
Price/Free Cash Flow Ratio 16.61 47% 14%
Management Effectiveness  
Return on Equity -2.35% 38% 36%
Return on Invested Capital 2.24% 41% 41%
Return on Assets 1.15% 41% 46%
Debt to Equity Ratio 348.16% 38% 6%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector