Skip to Content

Boralex Inc Class A BLX

Morningstar Rating
CAD 33.40 +0.44 (1.34%)
View Full Chart
Unlock our analysis with Morningstar Investor

Price vs Fair Value

BLX is trading at a 818% premium.
Price
CAD 33.40
Fair Value
CAD 76.00
Uncertainty
Medium
1-Star Price
CAD 18.10
5-Star Price
CAD 98.70
Economic Moat
Kmff
Capital Allocation
Mlxbwcr
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if BLX is a good fit for your portfolio.

News

Trading Information

Previous Close Price
CAD 32.96
Day Range
CAD 32.9033.47
52-Week Range
CAD 25.4039.50
Bid/Ask
CAD 33.34 / CAD 33.53
Market Cap
CAD 3.43 Bil
Volume/Avg
164,163 / 263,732

Key Statistics

Price/Earnings (Normalized)
30.94
Price/Sales
3.40
Dividend Yield (Trailing)
1.98%
Dividend Yield (Forward)
1.98%
Total Yield
2.00%

Company Profile

Boralex is a power producer whose core business is dedicated to the development and operation of renewable energy power stations in Canada, France, the United States and the United Kingdom. Boralex owns power generation assets across four technologies: wind, solar, hydroelectric, and thermal. Substantially all of its operating assets are subject to indexed fixed-price energy sales contracts.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Small Growth
Total Number of Employees
753

Competitors

Valuation

Metric
BLX
ORSTED
BEP
Price/Earnings (Normalized)
30.948.35
Price/Book Value
1.962.892.20
Price/Sales
3.403.191.57
Price/Cash Flow
7.1714.556.11
Price/Earnings
BLX
ORSTED
BEP

Financial Strength

Metric
BLX
ORSTED
BEP
Quick Ratio
1.001.020.38
Current Ratio
1.081.370.56
Interest Coverage
2.12−3.351.12
Quick Ratio
BLX
ORSTED
BEP

Profitability

Metric
BLX
ORSTED
BEP
Return on Assets (Normalized)
2.25%−2.42%−0.06%
Return on Equity (Normalized)
8.89%−10.60%−1.06%
Return on Invested Capital (Normalized)
3.95%−2.73%2.82%
Return on Assets
BLX
ORSTED
BEP
See how this stock stacks up to its competitors with Morningstar Investor

Utilities - Renewable Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CEG
Constellation Energy CorpNvckhf$72.7 Bil
GEV
GE Vernova IncZbxpqxqgVyp$48.6 Bil
OEZVY
Verbund AG ADRGmgkd$28.3 Bil
OEZVF
Verbund AG Class APnsy$28.3 Bil
DOGEF
Orsted A/STthhwpq$25.2 Bil
DNNGY
Orsted A/S ADRRxqtqb$24.5 Bil
CZAVF
CEZ a.sLtnyh$21.8 Bil
EDRVF
EDP Renovaveis SAGknz$16.3 Bil
BEP
Brookfield Renewable Partners LPKrddnzmxwYhspz$8.1 Bil
BEPC
Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)XfpjgnvlzJtdr$5.8 Bil

Sponsor Center