TSE:BLX

Boralex Inc. (BLX.TO)

37.24
+0.01 (0.03%)
as of Aug 17, 2026, 8:00:00 pm Market Open.
198 watching
0
Investor Insights
star iconSep 11, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Boralex Inc. (BLX-T) is recognized as a leader in the renewable energy sector, primarily focusing on offshore wind projects in France, Canada, and other locations. The company is currently engaged in several growth projects, which carry inherent risks typical in the renewable energy industry. Once these projects are constructed, the input costs become negligible, enhancing the long-term profitability of the business. Experts appreciate the company's valuation, citing a multiple of 9x operating cash flow as attractive. Additionally, the stock offers a decent dividend yield, making it appealing to investors looking for income amid the growth potential. Notably, Boralex does not operate in the challenging U.S. market, which is often fraught with regulatory hurdles for renewable projects.

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Consensus
Positive
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Valuation
Fair Value
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Similar
EDP-E
BUY
(Market Call Minute.) A lot of the power trusts have been beaten up. Good hydro-assets.
TOP PICK
One of the largest producers of Hydro Electric plus thermal power as well as wind power. Year over year earnings growth is up 33%. ROE is reasonable at 9%.
TOP PICK
Independent power producer. Volume is increasing. Feels it will go a lot higher.
SELL
Recently reported good numbers. Have put themselves up for sale. The parent company, Boralex (BLX-T) indicated they might take them over, but probably at a lower price.. Have always looked at this as a lower tier power trust group.
DON'T BUY
Doesn't see any upside. Underweight on the whole power/pipe sector as he doesn't see the growth. If you are looking for stability, this sector has that, but maybe you should try Alta Gas (ALA.UN-T) which will participate in the growth of the pipeline expansion out west.
DON'T BUY
Pays out more cash than it generates at about 114%. Will be interest sensitive. Fully valkued.
HOLD
Has had a rocky start. Had some start up issues on a plant. Water shortage has been a problem. CEO and CFO have left. Strong balance sheet and distributions should be safe.
TOP PICK
Purchasing new, high-quality assets on the Hudson River.This purchase creates an underpayment on distributions and the quality of earnings goes up.Thinks its under priced.
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