BORALEX INC -A (BLX.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BLX - CA09950M3003 - Common Stock
26.6 CAD
-0.06 (-0.23%)
Overall BLX gets a fundamental rating of 5 out of 10. We evaluated BLX against 33 industry peers in the Independent Power and Renewable Electricity Producers industry. BLX has a medium profitability rating, but doesn't score so well on its financial health evaluation. BLX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BLX was profitable.
In the past year BLX had a positive cash flow from operations.
BLX had positive earnings in each of the past 5 years.
Each year in the past 5 years BLX had a positive operating cash flow.
1.2 Ratios
BLX has a better Return On Assets (-0.30%) than 66.67% of its industry peers.
BLX has a Return On Equity of -1.51%. This is in the better half of the industry: BLX outperforms 78.79% of its industry peers.
BLX's Return On Invested Capital of 1.83% is on the low side compared to the rest of the industry. BLX is outperformed by 69.70% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BLX is in line with the industry average of 3.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.3% | ||
| ROE | -1.51% | ||
| ROIC | 1.83% |
ROA(3y)0.71%
ROA(5y)0.69%
ROE(3y)2.94%
ROE(5y)3.22%
ROIC(3y)2.63%
ROIC(5y)2.59%
1.3 Margins
In the last couple of years the Profit Margin of BLX has grown nicely.
BLX's Operating Margin of 22.10% is fine compared to the rest of the industry. BLX outperforms 69.70% of its industry peers.
BLX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 75.60%, BLX is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
BLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.1% | ||
| PM (TTM) | N/A | ||
| GM | 75.6% |
OM growth 3Y0.2%
OM growth 5Y1.4%
PM growth 3Y19.71%
PM growth 5YN/A
GM growth 3Y-0.46%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BLX is destroying value.
BLX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for BLX has been increased compared to 5 years ago.
BLX has a worse debt/assets ratio than last year.
2.2 Solvency
BLX has an Altman-Z score of 0.49. This is a bad value and indicates that BLX is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.49, BLX is in the better half of the industry, outperforming 78.79% of the companies in the same industry.
A Debt/Equity ratio of 2.86 is on the high side and indicates that BLX has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.86, BLX is in line with its industry, outperforming 42.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.35
WACC5.24%
2.3 Liquidity
A Current Ratio of 1.26 indicates that BLX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.26, BLX belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
BLX has a Quick Ratio of 1.26. This is a normal value and indicates that BLX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.26, BLX belongs to the top of the industry, outperforming 84.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The earnings per share for BLX have decreased strongly by -87.21% in the last year.
Measured over the past years, BLX shows a very strong growth in Earnings Per Share. The EPS has been growing by 58.74% on average per year.
BLX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.91%.
Measured over the past years, BLX shows a quite strong growth in Revenue. The Revenue has been growing by 8.24% on average per year.
EPS 1Y (TTM)-87.21%
EPS 3Y58.74%
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)-11.91%
Revenue growth 3Y7.27%
Revenue growth 5Y8.24%
Sales Q2Q%4.67%
3.2 Future
The Earnings Per Share is expected to grow by 23.88% on average over the next years. This is a very strong growth
BLX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.56% yearly.
EPS Next Y-14.97%
EPS Next 2Y34.2%
EPS Next 3Y25.53%
EPS Next 5Y23.88%
Revenue Next Year3.76%
Revenue Next 2Y9.5%
Revenue Next 3Y6.57%
Revenue Next 5Y15.56%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BLX is valuated quite expensively with a Price/Earnings ratio of 241.82.
66.67% of the companies in the same industry are more expensive than BLX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BLX to the average of the S&P500 Index (27.00), we can say BLX is valued expensively.
A Price/Forward Earnings ratio of 21.72 indicates a rather expensive valuation of BLX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BLX indicates a somewhat cheap valuation: BLX is cheaper than 72.73% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.70, BLX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 241.82 | ||
| Fwd PE | 21.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BLX is valued a bit more expensive than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15 |
4.3 Compensation for Growth
BLX has a very decent profitability rating, which may justify a higher PE ratio.
BLX's earnings are expected to grow with 25.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.2%
EPS Next 3Y25.53%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.61%, BLX has a reasonable but not impressive dividend return.
BLX's Dividend Yield is slightly below the industry average, which is at 3.53.
BLX's Dividend Yield is a higher than the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
The dividend of BLX has a limited annual growth rate of 0.48%.
BLX has been paying a dividend for at least 10 years, so it has a reliable track record.
BLX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.48%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
The earnings of BLX are negative and hence is the payout ratio. BLX will probably not be able to sustain this dividend level.
The dividend of BLX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-295.65%
EPS Next 2Y34.2%
EPS Next 3Y25.53%
TSX:BLX (1/7/2026, 7:00:00 PM)
26.6
-0.06 (-0.23%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners62.18%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap2.73B
Revenue(TTM)828.00M
Net Income(TTM)-23.00M
Analysts76.92
Price Target36.83 (38.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
Yearly Dividend0.66
Dividend Growth(5Y)0.48%
DP-295.65%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-120.18%
Min EPS beat(2)-210.01%
Max EPS beat(2)-30.34%
EPS beat(4)0
Avg EPS beat(4)-84.6%
Min EPS beat(4)-210.01%
Max EPS beat(4)-30.34%
EPS beat(8)2
Avg EPS beat(8)-39.17%
EPS beat(12)4
Avg EPS beat(12)-20.96%
EPS beat(16)6
Avg EPS beat(16)-24.58%
Revenue beat(2)0
Avg Revenue beat(2)-10.68%
Min Revenue beat(2)-14.18%
Max Revenue beat(2)-7.18%
Revenue beat(4)0
Avg Revenue beat(4)-13.03%
Min Revenue beat(4)-16.5%
Max Revenue beat(4)-7.18%
Revenue beat(8)2
Avg Revenue beat(8)-5%
Revenue beat(12)5
Avg Revenue beat(12)1.37%
Revenue beat(16)6
Avg Revenue beat(16)-1.36%
PT rev (1m)-3.85%
PT rev (3m)-6.81%
EPS NQ rev (1m)-3.08%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)0.88%
EPS NY rev (3m)-23.67%
Revenue NQ rev (1m)-1.18%
Revenue NQ rev (3m)0.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 241.82 | ||
| Fwd PE | 21.72 | ||
| P/S | 3.3 | ||
| P/FCF | N/A | ||
| P/OCF | 7.88 | ||
| P/B | 1.79 | ||
| P/tB | 8.57 | ||
| EV/EBITDA | 15 |
EPS(TTM)0.11
EY0.41%
EPS(NY)1.22
Fwd EY4.6%
FCF(TTM)-3.77
FCFYN/A
OCF(TTM)3.38
OCFY12.69%
SpS8.06
BVpS14.86
TBVpS3.1
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.3% | ||
| ROE | -1.51% | ||
| ROCE | 2.58% | ||
| ROIC | 1.83% | ||
| ROICexc | 1.83% | ||
| ROICexgc | 2.2% | ||
| OM | 22.1% | ||
| PM (TTM) | N/A | ||
| GM | 75.6% | ||
| FCFM | N/A |
ROA(3y)0.71%
ROA(5y)0.69%
ROE(3y)2.94%
ROE(5y)3.22%
ROIC(3y)2.63%
ROIC(5y)2.59%
ROICexc(3y)2.85%
ROICexc(5y)2.78%
ROICexgc(3y)3.67%
ROICexgc(5y)3.66%
ROCE(3y)3.71%
ROCE(5y)3.65%
ROICexgc growth 3Y-1.44%
ROICexgc growth 5Y1.01%
ROICexc growth 3Y1.57%
ROICexc growth 5Y1.49%
OM growth 3Y0.2%
OM growth 5Y1.4%
PM growth 3Y19.71%
PM growth 5YN/A
GM growth 3Y-0.46%
GM growth 5Y-0.28%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.86 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.89 | ||
| Cap/Depr | 238.31% | ||
| Cap/Sales | 88.65% | ||
| Interest Coverage | 1.24 | ||
| Cash Conversion | 70.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 0.49 |
F-Score4
WACC5.24%
ROIC/WACC0.35
Cap/Depr(3y)110.38%
Cap/Depr(5y)89.71%
Cap/Sales(3y)36.6%
Cap/Sales(5y)31.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-87.21%
EPS 3Y58.74%
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y-14.97%
EPS Next 2Y34.2%
EPS Next 3Y25.53%
EPS Next 5Y23.88%
Revenue 1Y (TTM)-11.91%
Revenue growth 3Y7.27%
Revenue growth 5Y8.24%
Sales Q2Q%4.67%
Revenue Next Year3.76%
Revenue Next 2Y9.5%
Revenue Next 3Y6.57%
Revenue Next 5Y15.56%
EBIT growth 1Y-31.46%
EBIT growth 3Y7.49%
EBIT growth 5Y9.76%
EBIT Next Year133.02%
EBIT Next 3Y40.28%
EBIT Next 5Y26.43%
FCF growth 1Y-224.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-39.97%
OCF growth 3Y-14.58%
OCF growth 5Y-6.07%
BORALEX INC -A / BLX.CA FAQ
What is the ChartMill fundamental rating of BORALEX INC -A (BLX.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to BLX.CA.
What is the valuation status of BORALEX INC -A (BLX.CA) stock?
ChartMill assigns a valuation rating of 2 / 10 to BORALEX INC -A (BLX.CA). This can be considered as Overvalued.
Can you provide the profitability details for BORALEX INC -A?
BORALEX INC -A (BLX.CA) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for BLX stock?
The Earnings per Share (EPS) of BORALEX INC -A (BLX.CA) is expected to decline by -14.97% in the next year.
How sustainable is the dividend of BORALEX INC -A (BLX.CA) stock?
The dividend rating of BORALEX INC -A (BLX.CA) is 5 / 10 and the dividend payout ratio is -295.65%.