Boralex (BRLXF) versus Its Competitors Head-To-Head Review

Boralex (OTCMKTS:BRLXF) is one of 141 publicly-traded companies in the “Independent Power & Renewable Electricity Producers” industry, but how does it contrast to its competitors? We will compare Boralex to related companies based on the strength of its dividends, analyst recommendations, valuation, risk, profitability, earnings and institutional ownership.

Insider and Institutional Ownership

57.0% of Boralex shares are held by institutional investors. Comparatively, 35.4% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by institutional investors. 21.7% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Boralex and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Boralex	N/A	N/A	N/A
Boralex Competitors	-42.23%	13.62%	0.84%

Dividends

Boralex pays an annual dividend of $0.39 per share and has a dividend yield of 1.5%. Boralex pays out -309.1% of its earnings in the form of a dividend. As a group, “Independent Power & Renewable Electricity Producers” companies pay a dividend yield of 6.6% and pay out 417.6% of their earnings in the form of a dividend.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Boralex and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Boralex	0	2	1	0	2.33
Boralex Competitors	914	2914	3689	176	2.41

As a group, “Independent Power & Renewable Electricity Producers” companies have a potential upside of 148.68%. Given Boralex’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Boralex has less favorable growth aspects than its competitors.

Earnings & Valuation

This table compares Boralex and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Boralex	N/A	N/A	-209.70
Boralex Competitors	$6.35 billion	$832.74 million	7.67

Boralex’s competitors have higher revenue and earnings than Boralex. Boralex is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Boralex competitors beat Boralex on 10 of the 13 factors compared.

Boralex Company Profile

Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities in Canada, France, the United States, and the United Kingdom. It generates electricity from wind, solar, and hydroelectric resources. As of December 31, 2023, the company operates 100 wind farms; 12 solar energy facilities; 15 hydroelectric power stations; and 2 storage units with an installed capacity of 1,819 megawatts (MW) in North America and 1,259 MW in Europe. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada.