INE:CA:TSX-Innergex Renewable Energy Inc.

EQUITY | Utilities - Independent Power Producers | Toronto Stock Exchange

Last Closing

CAD 15.87

Change

+0.03 (+0.19)%

Market Cap

CAD 1.49B

Volume

0.69M

Analyst Target

CAD 16.50
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Innergex Renewable Energy Inc develops, owns and operates renewable power generating facilities, essentially focused on the hydroelectric, wind power sectors and solar photovoltaic sectors.

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
CPX:CA Capital Power Corporation

-0.18 (-0.47%)

CAD 4.83B
CPX-PK:CA Capital Power Corp

N/A

CAD 3.27B
TA-PD:CA Transalta A Cum Red Rat Rst Pr..

N/A

CAD 3.20B
TA-PJ:CA TransAlta Corp Pref J

+0.15 (+0.70%)

CAD 3.19B
TA:CA TransAlta Corp

+0.07 (+0.81%)

CAD 2.62B
MXG:CA Maxim Power Corp.

+0.10 (+2.20%)

CAD 0.24B
BRF-PE:CA Brookfield Renewable Power Pre..

+0.20 (+1.14%)

N/A
CPX-PA:CA Capital Power Corporation Pref..

N/A

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

+0.27 (+1.53%)

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

N/A

N/A

ETFs Containing INE:CA

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 26.56% 46% F 87% B+
Dividend Return 4.19% 56% F 86% B+
Total Return 30.74% 46% F 89% A-
Trailing 12 Months  
Capital Gain 33.70% 77% C+ 93% A
Dividend Return 5.86% 78% C+ 90% A-
Total Return 39.55% 77% C+ 93% A
Trailing 5 Years  
Capital Gain 59.66% 73% C 82% B
Dividend Return 32.95% 78% C+ 90% A-
Total Return 92.61% 82% B 86% B+
Average Annual (5 Year Horizon)  
Capital Gain 7.34% 69% C- 74% C
Dividend Return 12.38% 69% C- 80% B-
Total Return 5.07% 80% B- 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 15.99% 77% C+ 48% F
Risk Adjusted Return 77.43% 85% B 80% B-
Market Capitalization 1.49B 47% F 83% 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 87.68 23% 7%
Price/Book Ratio 4.48 25% 13%
Price / Cash Flow Ratio 10.56 24% 29%
Price/Free Cash Flow Ratio 16.62 41% 14%
Management Effectiveness  
Return on Equity 1.09% 56% 45%
Return on Invested Capital 4.81% 71% 52%
Return on Assets 2.37% 59% 57%
Debt to Equity Ratio 854.78% 19% 2%

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

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.

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.