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Innergex Renewable Energy Inc INGXF

Morningstar Rating
$6.88 −0.19 (2.69%)
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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.

Price vs Fair Value

INGXF is trading at a 177% premium.
Price
$7.04
Fair Value
$1.19
Uncertainty
High
1-Star Price
$48.96
5-Star Price
$2.59
Economic Moat
Gmgb
Capital Allocation
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Trading Information

Previous Close Price
$7.07
Day Range
$6.886.90
52-Week Range
$5.269.87
Bid/Ask
$6.55 / $7.90
Market Cap
$1.39 Bil
Volume/Avg
17,549 / 88,328

Key Statistics

Price/Earnings (Normalized)
1,031.88
Price/Sales
1.95
Dividend Yield (Trailing)
5.62%
Dividend Yield (Forward)
3.73%
Total Yield
5.88%

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

Comparables

Valuation

Metric
INGXF
RNW
ENER
Price/Earnings (Normalized)
1,031.8841.9820.25
Price/Book Value
2.082.021.70
Price/Sales
1.956.723.38
Price/Cash Flow
5.3614.8112.98
Price/Earnings
INGXF
RNW
ENER

Financial Strength

Metric
INGXF
RNW
ENER
Quick Ratio
0.550.781.05
Current Ratio
0.740.871.33
Interest Coverage
0.452.761.83
Quick Ratio
INGXF
RNW
ENER

Profitability

Metric
INGXF
RNW
ENER
Return on Assets (Normalized)
0.11%2.33%2.29%
Return on Equity (Normalized)
0.96%4.35%9.81%
Return on Invested Capital (Normalized)
3.37%3.09%4.44%
Return on Assets
INGXF
RNW
ENER
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