Innergex Renewable Energy Inc INE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CAD 7.97
- Day Range
- CAD 7.92–8.04
- 52-Week Range
- CAD 7.05–14.40
- Bid/Ask
- CAD 7.93 / CAD 8.01
- Market Cap
- CAD 1.62 Bil
- Volume/Avg
- 384,022 / 737,615
Key Statistics
- Price/Earnings (Normalized)
- 865.74
- Price/Sales
- 1.67
- Dividend Yield (Trailing)
- 7.90%
- Dividend Yield (Forward)
- 4.52%
- Total Yield
- 7.93%
Company Profile
Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Small Core
- Total Number of Employees
- 602
- Website
- https://www.innergex.com
Comparables
Valuation
|
Metric
|
INE
|
RNW
|
BEP.UN
|
|---|---|---|---|
Price/Earnings (Normalized) | 865.74 | 41.98 | — |
Price/Book Value | 1.71 | 2.02 | 1.62 |
Price/Sales | 1.67 | 6.72 | 1.24 |
Price/Cash Flow | 4.90 | 14.81 | 4.47 |
Price/Earnings
INE
RNW
BEP.UN
Financial Strength
|
Metric
|
INE
|
RNW
|
BEP.UN
|
|---|---|---|---|
Quick Ratio | 0.67 | 0.78 | 0.45 |
Current Ratio | 0.91 | 0.87 | 0.57 |
Interest Coverage | 0.50 | 2.76 | 1.28 |
Quick Ratio
INE
RNW
BEP.UN
Profitability
|
Metric
|
INE
|
RNW
|
BEP.UN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.01% | 2.33% | 0.30% |
Return on Equity (Normalized) | 8.14% | 4.35% | 4.84% |
Return on Invested Capital (Normalized) | 4.08% | 3.09% | 3.18% |
Return on Assets
INE
RNW
BEP.UN
Utilities - Renewable Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
CEG
| Constellation Energy Corp | — | Wnwrn | $59.2 Bil | |
GEV
| GE Vernova Inc | Kzxgmgz | Fxwd | $39.8 Bil | |
OEZVF
| Verbund AG Class A | — | Xdmk | $26.4 Bil | |
OEZVY
| Verbund AG ADR | — | Bwnx | $26.0 Bil | |
DNNGY
| Orsted A/S ADR | — | Qcztc | $23.5 Bil | |
DOGEF
| Orsted A/S | — | Bswqd | $23.0 Bil | |
CZAVF
| CEZ a.s | — | Smqzmy | $19.3 Bil | |
EBR
| Centrais Eletricas Brasileiras SA ADR | — | Wpty | $16.7 Bil | |
BEP
| Brookfield Renewable Partners LP | Kjdvfllvt | Mdptr | $6.1 Bil | |
BEPC
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting) | Ybypjpfrh | Snhc | $4.2 Bil |