TSE:BLX

Boralex Inc. (BLX.TO)

37.08
-0.05 (0.13%)
as of Jul 31, 2026, 8:00:00 pm Market Open.
199 watching
0
Investor Insights
star iconJul 31, 2026, 12:00 am

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

Boralex Inc. (BLX-T) stands out as a leading player in the renewable energy sector, with a strong focus on offshore wind energy projects primarily in France and Canada. The company is actively pursuing growth opportunities, which inherently come with their own set of risks. However, the expertise highlights a key advantage of Boralex: once construction is completed, the input costs are negligible, allowing for more predictable operating margins. The valuation at 9 times operating cash flow is considered appealing, especially given the strong growth trajectory and decent dividend yield. Additionally, while operating mainly outside the U.S., Boralex avoids some of the complexities associated with renewable energy projects in that market.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
Energias, IBE
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.
Showing 76 to 83 of 83 entries