Reviewing Boralex (BRLXF) & The Competition

Boralex (OTCMKTS:BRLXF – Get Free Report) is one of 141 publicly-traded companies in the “Independent Power & Renewable Electricity Producers” industry, but how does it weigh in compared to its peers? We will compare Boralex to related businesses based on the strength of its earnings, dividends, profitability, analyst recommendations, risk, institutional ownership and valuation.

Analyst Ratings

This is a summary of recent ratings and target prices for Boralex and its peers, as reported by MarketBeat.com.

As a group, “Independent Power & Renewable Electricity Producers” companies have a potential upside of 148.55%. Given Boralex’s peers stronger consensus rating and higher probable upside, analysts clearly believe Boralex has less favorable growth aspects than its peers.

Insider and Institutional Ownership

57.0% of Boralex shares are owned by institutional investors. Comparatively, 35.2% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by institutional investors. 21.7% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Dividends

Boralex pays an annual dividend of $0.39 per share and has a dividend yield of 1.5%. Boralex pays out -309.1% of its earnings in the form of a dividend. As a group, “Independent Power & Renewable Electricity Producers” companies pay a dividend yield of 6.7% and pay out 279.3% of their earnings in the form of a dividend.

Profitability

This table compares Boralex and its peers’ net margins, return on equity and return on assets.

Valuation and Earnings

This table compares Boralex and its peers top-line revenue, earnings per share and valuation.

Boralex’s peers have higher revenue and earnings than Boralex. Boralex is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Boralex peers beat Boralex on 10 of the 13 factors compared.

Boralex Company Profile

(Get Free Report)

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.