Company Valuation: Boralex Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 4,845 3,559 4,113 3,461 2,950 2,747 2,747 -
Change - -26.54% 15.56% -15.84% -14.76% -6.91% 0% -
Enterprise Value (EV) 1 8,177 7,212 7,359 6,602 6,376 7,023 7,087 7,161
Change - -11.8% 2.03% -10.28% -3.42% 10.14% 0.91% 1.05%
P/E ratio 85.9x 217x 133x 44.3x 82x 45.3x 23.4x 22.1x
PBR 4.9x 3.56x 2.45x 2.13x 1.84x 1.55x 1.5x 1.47x
PEG - -3.1x 1.5x 0x -1.5x 0.7x 0.3x 3.6x
Capitalization / Revenue 7.83x 5.3x 5.03x 3.48x 3.61x 3.15x 2.73x 2.66x
EV / Revenue 13.2x 10.7x 9x 6.64x 7.8x 8.06x 7.05x 6.93x
EV / EBITDA 15.9x 13.5x 13.3x 9.78x 11x 10.4x 9.29x 8.96x
EV / EBIT 43x 30.3x 65.7x 29.2x 28.2x 26.1x 19.6x 19.2x
EV / FCF 37.7x 36.8x 46.9x 35.7x 375x 54.9x 37.9x 716x
FCF Yield 2.65% 2.72% 2.13% 2.8% 0.27% 1.82% 2.64% 0.14%
Dividend per Share 2 0.66 0.66 0.66 0.66 0.66 0.66 0.6633 0.6688
Rate of return 1.4% 1.9% 1.65% 1.96% 2.3% 2.47% 2.48% 2.5%
EPS 2 0.55 0.16 0.3 0.76 0.35 0.59 1.14 1.21
Distribution rate 120% 413% 220% 86.8% 189% 112% 58.2% 55.3%
Net sales 1 619 671 818 994 817 871.8 1,005 1,033
EBITDA 1 513 535 552 675 581 677.4 762.7 798.9
EBIT 1 190 238 112 226 226 268.9 361 373.2
Net income 1 55 17 30 78 36 66.76 118.6 122
Net Debt 1 3,332 3,653 3,246 3,141 3,426 4,276 4,340 4,415
Reference price 2 47.24 34.68 40.02 33.68 28.71 26.73 26.73 26.73
Nbr of stocks (in thousands) 102,554 102,619 102,763 102,766 102,766 102,755 102,755 -
Announcement Date 2/25/21 2/23/22 2/24/23 3/1/24 2/28/25 - - -
1CAD in Million2CAD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
45.31x8.06x10.37x2.47% 1.98B
18.83x9.42x10.78x1.68% 17.09B
8.27x7.46x9.6x3.61% 14.26B
18.41x - - 2.83% 2.51B
24.63x - - - 1.61B
16.12x - - 1.73% 1.49B
14.28x19.64x17.37x9.62% 925M
Average 20.83x 11.15x 12.03x 3.66% 5.69B
Weighted average by Cap. 16.36x 8.80x 10.45x 2.71%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. BLX Stock
  4. Valuation Boralex Inc.