Boralex Stock Net Income
| BLX Stock | CAD 27.76 0.29 1.06% |
As of the 28th of February, Boralex shows the Risk Adjusted Performance of 0.0972, mean deviation of 1.34, and Downside Deviation of 1.74. Boralex technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Boralex Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 8.6578 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 85.1 M | 89.4 M | |
| Net Income From Continuing Ops | 85.1 M | 89.4 M | |
| Net Income Applicable To Common Shares | 41.4 M | 43.5 M | |
| Net Income Per Share | 0.40 | 0.28 | |
| Net Income Per E B T | 0.38 | 0.36 |
Boralex | Net Income |
Evaluating Boralex's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Boralex's fundamental strength.
Latest Boralex's Net Income Growth Pattern
Below is the plot of the Net Income of Boralex over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Boralex financial statement analysis. It represents the amount of money remaining after all of Boralex operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Boralex's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Boralex's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 74 M | 10 Years Trend |
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Net Income |
| Timeline |
Boralex Net Income Regression Statistics
| Arithmetic Mean | 13,166,647 | |
| Coefficient Of Variation | 236.15 | |
| Mean Deviation | 25,592,567 | |
| Median | 2,883,000 | |
| Standard Deviation | 31,093,386 | |
| Sample Variance | 966.8T | |
| Range | 117M | |
| R-Value | 0.63 | |
| Mean Square Error | 628T | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | 3,850,311 | |
| Total Sum of Squares | 15468.8T |
Boralex Net Income History
Boralex Net Income 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 Net Income. 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.
Click cells to compare fundamentals
Boralex 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Boralex's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Boralex.
| 11/30/2025 |
| 02/28/2026 |
If you would invest 0.00 in Boralex on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Boralex or generate 0.0% return on investment in Boralex over 90 days. Boralex is related to or competes with Rockpoint Gas, Polaris Infrastructure, Superior Plus, Tidewater Renewables, ReVolve Renewable, Green Impact, and Greenbriar Capital. Boralex Inc., together with its subsidiaries, develops, constructs, and operates renewable energy power facilities prima... More
Boralex Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Boralex's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Boralex upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.0676 | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.36 |
Boralex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boralex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boralex's standard deviation. In reality, there are many statistical measures that can use Boralex historical prices to predict the future Boralex's volatility.| Risk Adjusted Performance | 0.0972 | |||
| Jensen Alpha | 0.1543 | |||
| Total Risk Alpha | 0.0164 | |||
| Sortino Ratio | 0.0669 | |||
| Treynor Ratio | 0.3713 |
Boralex February 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0972 | |||
| Market Risk Adjusted Performance | 0.3813 | |||
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.56 | |||
| Downside Deviation | 1.74 | |||
| Coefficient Of Variation | 835.52 | |||
| Standard Deviation | 1.73 | |||
| Variance | 2.98 | |||
| Information Ratio | 0.0676 | |||
| Jensen Alpha | 0.1543 | |||
| Total Risk Alpha | 0.0164 | |||
| Sortino Ratio | 0.0669 | |||
| Treynor Ratio | 0.3713 | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.36 | |||
| Downside Variance | 3.04 | |||
| Semi Variance | 2.44 | |||
| Expected Short fall | (1.39) | |||
| Skewness | (0.03) | |||
| Kurtosis | 0.334 |
Boralex Backtested Returns
Boralex appears to be very steady, given 3 months investment horizon. Boralex secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Boralex, which you can use to evaluate the volatility of the firm. Please makes use of Boralex's Mean Deviation of 1.34, risk adjusted performance of 0.0972, and Downside Deviation of 1.74 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Boralex holds a performance score of 10. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Boralex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boralex is expected to be smaller as well. Please check Boralex's treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Boralex's price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Boralex has average predictability. Overlapping area represents the amount of predictability between Boralex time series from 30th of November 2025 to 14th of January 2026 and 14th of January 2026 to 28th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Boralex price movement. The serial correlation of 0.47 indicates that about 47.0% of current Boralex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Boralex Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Boralex reported net income of 74 M. This is 65.01% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The net income for all Canada stocks is 87.04% higher than that of the company.
Boralex Net Income 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 Net Income 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 net income category among its peers.
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.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 3.6B | 4.1B | 3.5B | 3.0B | 2.7B | 2.8B | |
| Enterprise Value | 7.2B | 7.4B | 6.6B | 6.7B | 6.0B | 6.3B |
Boralex Fundamentals
| Return On Equity | 0.0025 | ||||
| Return On Asset | 0.0161 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 7.17 B | ||||
| Shares Outstanding | 102.75 M | ||||
| Shares Owned By Insiders | 0.16 % | ||||
| Shares Owned By Institutions | 62.99 % | ||||
| Number Of Shares Shorted | 3.96 M | ||||
| Price To Book | 1.85 X | ||||
| Price To Sales | 3.44 X | ||||
| Revenue | 853 M | ||||
| Gross Profit | 626 M | ||||
| EBITDA | 534 M | ||||
| Net Income | 74 M | ||||
| Cash And Equivalents | 592 M | ||||
| Cash Per Share | 2.96 X | ||||
| Total Debt | 4.3 B | ||||
| Debt To Equity | 4.22 % | ||||
| Current Ratio | 1.26 X | ||||
| Book Value Per Share | 14.86 X | ||||
| Cash Flow From Operations | 215 M | ||||
| Short Ratio | 6.75 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Price To Earnings To Growth | 0.83 X | ||||
| Target Price | 35.0 | ||||
| Number Of Employees | 837 | ||||
| Beta | 0.068 | ||||
| Market Capitalization | 2.85 B | ||||
| Total Asset | 7.6 B | ||||
| Retained Earnings | 151 M | ||||
| Working Capital | (42 M) | ||||
| Current Asset | 200.56 M | ||||
| Current Liabilities | 280.22 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 2.90 % | ||||
| Net Asset | 7.6 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.
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
| 0.74 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.74 | MSFT | Microsoft CDR | PairCorr |
| 0.48 | AMZN | Amazon CDR | PairCorr |
| 0.48 | AMZN | Amazon CDR | 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.Other Information on Investing in Boralex Stock
Boralex financial ratios help investors to determine whether Boralex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Boralex with respect to the benefits of owning Boralex security.