Compte de Résultat Prévisionnel: Boralex Inc.

Forecast Balance Sheet: Boralex Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 3,332 3,653 3,246 3,141 3,411 3,440 3,427
Change - - 9.63% -11.14% -3.23% 8.6% 0.85% -0.38%
Announcement Date 2/28/20 2/25/21 2/23/22 2/24/23 3/1/24 - - -
1CAD in Million
Estimates

Cash Flow Forecast: Boralex Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 159 145 167 246 260 787.5 736.4 723.8
Change - -8.81% 15.17% 47.31% 5.69% 202.88% -6.49% -1.71%
Free Cash Flow (FCF) 1 - 217 196 157 185 396.9 -253 567
Change - - -9.68% -19.9% 17.83% 114.54% -163.74% -324.11%
Announcement Date 2/28/20 2/25/21 2/23/22 2/24/23 3/1/24 - - -
1CAD in Million
Estimates

Forecast Financial Ratios: Boralex Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 87.23% 82.88% 79.73% 67.48% 67.91% 76.57% 74.49% 67.85%
EBIT Margin (%) 34.22% 30.69% 35.47% 13.69% 22.74% 33.8% 33.48% 33.54%
EBT Margin (%) -8.51% 10.66% 6.56% 2.2% 15.49% 23.25% 20.02% 19.47%
Net margin (%) -6.91% 8.89% 2.53% 3.67% 7.85% 11.86% 11.01% 12.28%
FCF / Net Income (%) - 35.06% 29.21% 19.19% 18.61% 42.66% -25.37% 46.58%

Profitability

        
ROA - - - 1.13% 1.45% 1.3% 1.5% 1.7%
ROE - 6.65% 1.71% 5.19% 5.75% 5.23% 5.77% 6.75%

Financial Health

        
Leverage (Debt/EBITDA) - 6.5x 6.83x 5.88x 4.65x 4.79x 4.63x 4.15x
Debt / Free cash flow - 15.35x 18.64x 20.68x 16.98x 8.59x -13.6x 6.04x

Capital Intensity

        
CAPEX / Current Assets (%) 28.19% 23.42% 24.89% 30.07% 26.16% 84.65% 73.85% 59.47%
CAPEX / EBITDA (%) 32.32% 28.27% 31.21% 44.57% 38.52% 110.55% 99.14% 87.64%
CAPEX / FCF (%) - 66.82% 85.2% 156.69% 140.54% 198.41% -291.07% 127.66%

Items per share

        
Cash flow per share 1 3.422 3.43 3.532 3.92 4.328 3.673 3.667 4.93
Change - 0.24% 2.98% 11% 10.4% -15.13% 99.82% 134.45%
Dividend per Share 1 0.66 0.66 0.66 0.66 0.66 0.66 0.66 0.6675
Change - 0% 0% 0% 0% 0% 100% 101.14%
Book Value Per Share 1 - 9.638 9.755 16.36 15.84 16.61 17.16 18.04
Change - - 1.21% 67.7% -3.14% 4.83% 103.31% 105.13%
EPS 1 -0.43 0.55 0.16 0.3 0.76 1.074 1.09 1.457
Change - -227.91% -70.91% 87.5% 153.33% 41.28% 101.51% 133.64%
Nbr of stocks (in thousands) 96,328 102,554 102,619 102,763 102,766 102,766 102,766 102,766
Announcement Date 2/28/20 2/25/21 2/23/22 2/24/23 3/1/24 - - -
1CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
33.10CAD
Average target price
40.55CAD
Spread / Average Target
+22.49%
Consensus
  1. Stock Market
  2. Equities
  3. BLX Stock
  4. Financials Boralex Inc.