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
|
ORSTED
|
BEP
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.76 | 7.70 | — |
Price/Book Value | 1.74 | 2.83 | 1.57 |
Price/Sales | 2.77 | 2.33 | 1.22 |
Price/Cash Flow | 6.34 | 14.12 | 4.41 |
|
Metric
|
BLX
|
ORSTED
|
BEP
|
|---|---|---|---|
Quick Ratio | 1.00 | 1.05 | 0.45 |
Current Ratio | 1.08 | 1.42 | 0.57 |
Interest Coverage | 2.12 | −3.83 | 1.28 |
|
Metric
|
BLX
|
ORSTED
|
BEP
|
|---|---|---|---|
Return on Assets (Normalized) | 2.00% | −2.04% | 0.30% |
Return on Equity (Normalized) | 7.87% | −8.73% | 4.84% |
Return on Invested Capital (Normalized) | 3.73% | −2.27% | 3.18% |
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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