BORALEX INC -A (BLX.CA) Fundamental Analysis & Valuation
TSX:BLX • CA09950M3003
Current stock price
36.75 CAD
+0.17 (+0.46%)
Last:
This BLX.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. BLX.CA Profitability Analysis
1.1 Basic Checks
- In the past year BLX was profitable.
- BLX had a positive operating cash flow in the past year.
- BLX had positive earnings in each of the past 5 years.
- BLX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- BLX has a Return On Assets of 0.09%. This is amongst the best in the industry. BLX outperforms 81.25% of its industry peers.
- Looking at the Return On Equity, with a value of 0.45%, BLX belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
- BLX has a Return On Invested Capital (2.01%) which is comparable to the rest of the industry.
- BLX had an Average Return On Invested Capital over the past 3 years of 2.67%. This is in line with the industry average of 2.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.09% | ||
| ROE | 0.45% | ||
| ROIC | 2.01% |
ROA(3y)0.58%
ROA(5y)0.5%
ROE(3y)2.5%
ROE(5y)2.19%
ROIC(3y)2.67%
ROIC(5y)2.68%
1.3 Margins
- BLX's Profit Margin of 0.82% is amongst the best of the industry. BLX outperforms 84.38% of its industry peers.
- In the last couple of years the Profit Margin of BLX has declined.
- The Operating Margin of BLX (21.55%) is better than 71.88% of its industry peers.
- BLX's Operating Margin has declined in the last couple of years.
- With a decent Gross Margin value of 75.97%, BLX is doing good in the industry, outperforming 62.50% 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 | 21.55% | ||
| PM (TTM) | 0.82% | ||
| GM | 75.97% |
OM growth 3Y-2.93%
OM growth 5Y-5.28%
PM growth 3Y-38.75%
PM growth 5Y-37.56%
GM growth 3Y3.19%
GM growth 5Y-0.05%
2. BLX.CA Health Analysis
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.
- BLX has about the same amout of shares outstanding than it did 5 years ago.
- Compared to 1 year ago, BLX has a worse debt to assets ratio.
2.2 Solvency
- BLX has an Altman-Z score of 0.60. This is a bad value and indicates that BLX is not financially healthy and even has some risk of bankruptcy.
- The Altman-Z score of BLX (0.60) is better than 81.25% of its industry peers.
- BLX has a Debt/Equity ratio of 2.86. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of BLX (2.86) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.86 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.6 |
ROIC/WACC0.34
WACC5.84%
2.3 Liquidity
- A Current Ratio of 1.29 indicates that BLX should not have too much problems paying its short term obligations.
- With an excellent Current ratio value of 1.29, BLX belongs to the best of the industry, outperforming 84.38% of the companies in the same industry.
- A Quick Ratio of 1.29 indicates that BLX should not have too much problems paying its short term obligations.
- BLX has a Quick ratio of 1.29. This is amongst the best in the industry. BLX outperforms 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. BLX.CA Growth Analysis
3.1 Past
- BLX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.18%.
- Measured over the past years, BLX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -35.56% on average per year.
- BLX shows a decrease in Revenue. In the last year, the revenue decreased by -0.47%.
- The Revenue has been growing slightly by 6.05% on average over the past years.
EPS 1Y (TTM)-91.18%
EPS 3Y-40.85%
EPS 5Y-35.56%
EPS Q2Q%-27.78%
Revenue 1Y (TTM)-0.47%
Revenue growth 3Y0.52%
Revenue growth 5Y6.05%
Sales Q2Q%5.7%
3.2 Future
- The Earnings Per Share is expected to grow by 137.94% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 9.95% on average over the next years. This is quite good.
EPS Next Y1728.52%
EPS Next 2Y333.65%
EPS Next 3Y186.48%
EPS Next 5Y137.95%
Revenue Next Year8.33%
Revenue Next 2Y3.9%
Revenue Next 3Y9.95%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. BLX.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 612.50 indicates a quite expensive valuation of BLX.
- BLX's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.21, BLX is valued quite expensively.
- The Price/Forward Earnings ratio is 33.50, which means the current valuation is very expensive for BLX.
- Based on the Price/Forward Earnings ratio, BLX is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
- BLX's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 612.5 | ||
| Fwd PE | 33.5 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as BLX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.14 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- BLX has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as BLX's earnings are expected to grow with 186.48% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y333.65%
EPS Next 3Y186.48%
5. BLX.CA Dividend Analysis
5.1 Amount
- BLX has a Yearly Dividend Yield of 1.80%.
- BLX's Dividend Yield is comparable with the industry average which is at 3.39.
- BLX's Dividend Yield is comparable with the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
- The dividend of BLX decreases each year by -0.04%.
- 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)-0.04%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
- BLX pays out 971.43% of its income as dividend. This is not a sustainable payout ratio.
DP971.43%
EPS Next 2Y333.65%
EPS Next 3Y186.48%
BLX.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:BLX (4/6/2026, 7:00:00 PM)
36.75
+0.17 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-27 2026-02-27/bmo
Earnings (Next)05-12 2026-05-12
Inst Owners65.78%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap3.78B
Revenue(TTM)849.00M
Net Income(TTM)7.00M
Analysts73.33
Price Target35.45 (-3.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend0.66
Dividend Growth(5Y)-0.04%
DP971.43%
Div Incr Years0
Div Non Decr Years11
Ex-Date02-27 2026-02-27 (0.165)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-52.24%
Min EPS beat(2)-74.13%
Max EPS beat(2)-30.34%
EPS beat(4)0
Avg EPS beat(4)-89.07%
Min EPS beat(4)-210.01%
Max EPS beat(4)-30.34%
EPS beat(8)2
Avg EPS beat(8)-45.22%
EPS beat(12)4
Avg EPS beat(12)-22.32%
EPS beat(16)6
Avg EPS beat(16)-26.38%
Revenue beat(2)0
Avg Revenue beat(2)-5.19%
Min Revenue beat(2)-7.18%
Max Revenue beat(2)-3.2%
Revenue beat(4)0
Avg Revenue beat(4)-10.27%
Min Revenue beat(4)-16.5%
Max Revenue beat(4)-3.2%
Revenue beat(8)1
Avg Revenue beat(8)-7.97%
Revenue beat(12)4
Avg Revenue beat(12)-2.53%
Revenue beat(16)6
Avg Revenue beat(16)-1.1%
PT rev (1m)-0.4%
PT rev (3m)-3.77%
EPS NQ rev (1m)-15.48%
EPS NQ rev (3m)-19.77%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.41%
Revenue NQ rev (1m)-6.42%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.96%
Revenue NY rev (3m)-8.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 612.5 | ||
| Fwd PE | 33.5 | ||
| P/S | 4.45 | ||
| P/FCF | N/A | ||
| P/OCF | 10.43 | ||
| P/B | 2.45 | ||
| P/tB | 10.95 | ||
| EV/EBITDA | 16.14 |
EPS(TTM)0.06
EY0.16%
EPS(NY)1.1
Fwd EY2.99%
FCF(TTM)-2.84
FCFYN/A
OCF(TTM)3.52
OCFY9.59%
SpS8.26
BVpS15.01
TBVpS3.36
PEG (NY)0.35
PEG (5Y)N/A
Graham Number4.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.09% | ||
| ROE | 0.45% | ||
| ROCE | 2.56% | ||
| ROIC | 2.01% | ||
| ROICexc | 2.09% | ||
| ROICexgc | 2.53% | ||
| OM | 21.55% | ||
| PM (TTM) | 0.82% | ||
| GM | 75.97% | ||
| FCFM | N/A |
ROA(3y)0.58%
ROA(5y)0.5%
ROE(3y)2.5%
ROE(5y)2.19%
ROIC(3y)2.67%
ROIC(5y)2.68%
ROICexc(3y)2.88%
ROICexc(5y)2.88%
ROICexgc(3y)3.63%
ROICexgc(5y)3.71%
ROCE(3y)3.41%
ROCE(5y)3.43%
ROICexgc growth 3Y-12.51%
ROICexgc growth 5Y-9.35%
ROICexc growth 3Y-10.05%
ROICexc growth 5Y-7.11%
OM growth 3Y-2.93%
OM growth 5Y-5.28%
PM growth 3Y-38.75%
PM growth 5Y-37.56%
GM growth 3Y3.19%
GM growth 5Y-0.05%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.86 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 8.74 | ||
| Cap/Depr | 203.74% | ||
| Cap/Sales | 77.03% | ||
| Interest Coverage | 1.16 | ||
| Cash Conversion | 71.83% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 0.6 |
F-Score4
WACC5.84%
ROIC/WACC0.34
Cap/Depr(3y)150.5%
Cap/Depr(5y)118.22%
Cap/Sales(3y)52.47%
Cap/Sales(5y)42.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-91.18%
EPS 3Y-40.85%
EPS 5Y-35.56%
EPS Q2Q%-27.78%
EPS Next Y1728.52%
EPS Next 2Y333.65%
EPS Next 3Y186.48%
EPS Next 5Y137.95%
Revenue 1Y (TTM)-0.47%
Revenue growth 3Y0.52%
Revenue growth 5Y6.05%
Sales Q2Q%5.7%
Revenue Next Year8.33%
Revenue Next 2Y3.9%
Revenue Next 3Y9.95%
Revenue Next 5YN/A
EBIT growth 1Y-19.38%
EBIT growth 3Y-2.43%
EBIT growth 5Y0.44%
EBIT Next Year183.07%
EBIT Next 3Y45.76%
EBIT Next 5Y31.6%
FCF growth 1Y-23.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y68.37%
OCF growth 3Y-10.97%
OCF growth 5Y0%
BORALEX INC -A / BLX.CA Fundamental Analysis 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 4 / 10 to BORALEX INC -A (BLX.CA). This can be considered as Fairly Valued.
What is the profitability of BLX stock?
BORALEX INC -A (BLX.CA) has a profitability rating of 6 / 10.
What are the PE and PB ratios of BORALEX INC -A (BLX.CA) stock?
The Price/Earnings (PE) ratio for BORALEX INC -A (BLX.CA) is 612.5 and the Price/Book (PB) ratio is 2.45.
How financially healthy is BORALEX INC -A?
The financial health rating of BORALEX INC -A (BLX.CA) is 4 / 10.