Boralex Inc. (BRLXF)
Fair ValueFundamental
40
मूल्य
$-
मार्केट कैप
$3.83B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
Boralex develops, builds and operates renewable power plants — mostly onshore wind, plus hydroelectric dams, solar farms and battery storage — in Canada, France, the United Kingdom and the United States. It is France's largest independent onshore wind producer and one of Canada's larger renewable operators. The company does not sell electricity to households directly; it sells the power its plants generate into wholesale markets or under long-term contracts with utilities and large corporate buyers.
यह पैसा कैसे कमाती है
Boralex earns revenue from selling the electricity its wind, hydro, solar and battery assets generate, either at a market price, a government feed-in premium, or a fixed price locked in under a long-term power purchase agreement signed years before a plant is built. Because output depends on how much the wind blows or the sun shines, revenue swings with weather from quarter to quarter even when installed capacity stays flat; 2025 revenue fell 3% despite 8% more electricity produced, mainly on weaker French contract prices.
प्रतिस्पर्धी बढ़त (Moat)
कोई पहचानी गई बढ़त नहीं · कोई नहींElectricity is a commodity: a megawatt-hour from Boralex's wind farm is indistinguishable from one produced by a competitor next door, and long-term power contracts are available to any developer with capital, permits and grid access. Boralex's edge is operational — decades of site selection and construction experience — rather than a structural barrier that keeps rivals out.
मांग को क्या चलाता है
डिफेंसिवMost of Boralex's output is sold under long-term contracts or government feed-in tariffs that are largely insulated from the broader economic cycle, so revenue depends far more on wind speeds, rainfall and sunshine than on GDP growth or consumer spending. The main swing factor in 2025 was weather-driven production and softer short-term power prices in France, not a change in underlying demand.
खरीदने के पक्ष में तर्क
Buyers argue that Boralex's 2030 strategy, backed by $8 billion in planned investment and a project pipeline of 8.2 GW, positions it to double installed capacity by 2030, and that six new plants commissioned in 2025 already show the growth engine is running.
बेचने के पक्ष में तर्क
Sellers fear that falling short-term power prices in France already cut 2025 net earnings by more than half, that renewable projects depend on financing conditions and government contract auctions the company does not control, and that debt taken on to fund $8 billion of growth adds financial risk if power prices stay soft.
Written by the editors, published on 18 अगस्त 2026
Direct competitors
Who this company fights with for the same customers
Generated on 18 सितंबर 2026 with claude-haiku-4-5 — shared with all users
The closest match to Boralex: a Quebec-based independent producer of wind, solar and hydro power bidding for the same long-term utility power contracts in Canada and France, now privately held by La Caisse after its July 2025 take-private.
Another Canadian independent power producer that develops and operates wind and solar capacity under long-term contracts, competing with Boralex for the same provincial tenders and project pipelines.
A French developer of onshore wind, solar and battery storage that bids against Boralex in the same French government renewable-energy tenders; it was delisted from Euronext Paris in April 2025 after Brookfield's buyout.
A French independent producer of wind and solar electricity that competes with Boralex for grid connections, land and public tenders in its core French market.
A far larger owner of hydro, wind and solar plants that competes with Boralex both for renewable project acquisitions and for the same corporate and utility power-purchase agreements in Canada, the US and Europe.
बैलेंस शीट और तरलता
राजस्व
$898M
पिछले 12 महीने (31/3/2026 तक)
शुद्ध आय
$-32M
पिछले 12 महीने (31/3/2026 तक)
Free Cash Flow
$-224M
कुल इक्विटी
$1.52B
कुल देनदारियाँ
$4.73B
Current Ratio
1.24
Interest Coverage
-
Debt/EBITDA
9.23
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$31.97
वर्तमान मूल्य
-
Margin of Safety
-
Fair Value सीमा
$22.83 - $41.11
इस्तेमाल किए गए valuation methods के बीच का फैलाव, कोई सांख्यिकीय रूप से calibrated confidence interval नहीं।
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
-
ROE
0.1%
P/B Ratio
2.51
P/FCF
-
Gross Margin
75.6%
ROIC
3.6%
लाभप्रदता Radar
मूल्य सृजन (प्रतिस्पर्धी बढ़त)
ROIC
3.6%
WACC
3.6%
ROIC − WACC
+0.1 pp
ROIC लगभग पूंजी की लागत के बराबर है — कंपनी मुश्किल से अपनी पूंजी लागत की भरपाई कर पा रही है।
Fundamental विश्लेषण मानदंड
पास (6)
- Gross Margin 75.6%
- P/B Ratio 2.51
- Debt/Equity ratio
- Current Ratio
- Revenue Growth 5Y 6.0%
- Earnings Quality (OCF/NI) 49.00
फेल (9)
- ROIC 3.7%
- Positive Free Cash Flow
- Debt/EBITDA
- DCF valuation (Unknown)
- ROE -2.1%
- Analyst Consensus 9% Buy
- Earnings Surprise avg -107.8%
- Net Margin Trend 0.9% vs 4.4%
- Piotroski F-Score 2/9
अनुपलब्ध (12)
- EPS data insufficient
- Historical price data insufficient
- P/FCF NaN
- Dividend Payout NaN%
- Operating Margin NaN%
- CapEx intensity
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Price below Graham Number
- PEG Ratio (need PE > 0 and growth > 0)
- Share Dilution (missing shares data)
Piotroski F-Score
गंभीर वित्तीय चिंताएं
Earnings गुणवत्ता
उच्च गुणवत्ता: earnings नकदी द्वारा समर्थित
शेयर Dilution
शेयर वापस खरीद रही है। शेयरधारक अनुकूल
संस्थागत होल्डिंग
इस कंपनी के लिए कोई संस्थागत घोषणा उपलब्ध नहीं है।
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. Patrick Decostre | President, CEO & Director | 52 |
| Mr. Stéphane Milot | Vice President of Investor Relations and Financial Planning & Analysis | - |
| Mr. Pascal Hurtubise | Executive VP & Chief Legal Officer | - |
| Eric Cantin | Vice President of Corporate Finance | - |
| Ms. Marie-Josée Arsenault | Executive VP and Chief People & Culture Officer | - |
| Mr. Rabindra Nath Mishra | Deputy Managing Director of Development Europe | - |
| Mr. Pascal Laprise-Demers | Senior Vice President of Corporate Strategy & Business Performance | - |
| Mr. Nicolas Mabboux | Senior Vice President of IT and Digital Transformation | - |
| David Lett | Head of Projects | - |
| Egbert De Groot | Senior Vice President of Merger, Acquisitions & Energy Commercialisation of North America | - |
Audit जोखिम
9
बोर्ड जोखिम
4
मुआवजा जोखिम
2
शेयरधारक अधिकार जोखिम
8
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
Latest News
Recent headlines for BRLXF, sourced from Markets Gazette.