Boralex Stock Revenue
| BLX Stock | CAD 27.57 0.58 2.15% |
Boralex fundamentals help investors to digest information that contributes to Boralex's financial success or failures. It also enables traders to predict the movement of Boralex Stock. The fundamental analysis module provides a way to measure Boralex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Boralex stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 1 B | 1.1 B |
Boralex | Revenue |
Boralex Company Revenue Analysis
Boralex's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Boralex Revenue | 1.02 B |
Most of Boralex's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Boralex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Boralex
Projected quarterly revenue analysis of Boralex provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Boralex match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Boralex's stock price.
Boralex Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Boralex is extremely important. It helps to project a fair market value of Boralex Stock properly, considering its historical fundamentals such as Revenue. Since Boralex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Boralex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Boralex's interrelated accounts and indicators.
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Boralex Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Boralex reported 1.02 B of revenue. This is 74.19% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The revenue for all Canada stocks is 89.17% higher than that of the company.
Boralex Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boralex's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Boralex could also be used in its relative valuation, which is a method of valuing Boralex by comparing valuation metrics of similar companies.Boralex is currently under evaluation in revenue category among related companies.
Boralex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Boralex from analyzing Boralex's financial statements. These drivers represent accounts that assess Boralex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Boralex's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.2B | 4.7B | 3.6B | 4.1B | 3.5B | 3.6B | |
| Enterprise Value | 5.3B | 8.2B | 7.2B | 7.4B | 6.6B | 6.9B |
Boralex Fundamentals
| Return On Equity | 0.0568 | ||||
| Return On Asset | 0.0235 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 6.3 B | ||||
| Shares Outstanding | 102.77 M | ||||
| Shares Owned By Insiders | 0.15 % | ||||
| Shares Owned By Institutions | 60.59 % | ||||
| Number Of Shares Shorted | 658.83 K | ||||
| Price To Book | 1.71 X | ||||
| Price To Sales | 2.72 X | ||||
| Revenue | 1.02 B | ||||
| Gross Profit | 578 M | ||||
| EBITDA | 516 M | ||||
| Net Income | 78 M | ||||
| Cash And Equivalents | 361 M | ||||
| Cash Per Share | 2.96 X | ||||
| Total Debt | 277 M | ||||
| Debt To Equity | 4.22 % | ||||
| Current Ratio | 1.26 X | ||||
| Book Value Per Share | 15.85 X | ||||
| Cash Flow From Operations | 496 M | ||||
| Short Ratio | 2.63 X | ||||
| Earnings Per Share | 0.76 X | ||||
| Price To Earnings To Growth | 0.91 X | ||||
| Target Price | 39.0 | ||||
| Number Of Employees | 753 | ||||
| Beta | 0.41 | ||||
| Market Capitalization | 2.77 B | ||||
| Total Asset | 6.57 B | ||||
| Retained Earnings | 183 M | ||||
| Working Capital | 56 M | ||||
| Current Asset | 200.56 M | ||||
| Current Liabilities | 280.22 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.90 % | ||||
| Net Asset | 6.57 B | ||||
| Last Dividend Paid | 0.66 |
About Boralex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Boralex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boralex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boralex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Boralex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Boralex's short interest history, or implied volatility extrapolated from Boralex options trading.
Pair Trading with Boralex
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boralex position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boralex will appreciate offsetting losses from the drop in the long position's value.Moving against Boralex Stock
| 0.83 | CSH-UN | Chartwell Retirement | PairCorr |
| 0.74 | OCO | Oroco Resource Corp | PairCorr |
The ability to find closely correlated positions to Boralex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boralex when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boralex - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boralex to buy it.
The correlation of Boralex is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boralex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boralex moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boralex can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boralex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Boralex Stock analysis
When running Boralex's price analysis, check to measure Boralex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boralex is operating at the current time. Most of Boralex's value examination focuses on studying past and present price action to predict the probability of Boralex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boralex's price. Additionally, you may evaluate how the addition of Boralex to your portfolios can decrease your overall portfolio volatility.
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