Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 4.45%
- High Debt Company with a Debt to Equity ratio (avg) at times
2
With a fall in Net Sales of -16.88%, the company declared Very Negative results in Jun 25
3
Risky -
4
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-3.41%
0%
-3.41%
6 Months
22.62%
0%
22.62%
1 Year
47.53%
0%
47.53%
2 Years
86.25%
0%
86.25%
3 Years
34.89%
0%
34.89%
4 Years
71.86%
0%
71.86%
5 Years
127.52%
0%
127.52%
Boralex, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
6.56%
EBIT Growth (5y)
1.84%
EBIT to Interest (avg)
1.59
Debt to EBITDA (avg)
6.51
Net Debt to Equity (avg)
2.25
Sales to Capital Employed (avg)
0.18
Tax Ratio
100.00%
Dividend Payout Ratio
188.41%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
4.45%
ROE (avg)
5.95%
Valuation key factors
Factor
Value
P/E Ratio
44
Industry P/E
Price to Book Value
1.86
EV to EBIT
34.52
EV to EBITDA
13.60
EV to Capital Employed
1.25
EV to Sales
8.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
3.63%
ROE (Latest)
4.21%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 1 Schemes (0.05%)
Foreign Institutions
Held by 0 Foreign Institutions (0%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
197.00
237.00
-16.88%
Operating Profit (PBDIT) excl Other Income
113.00
149.00
-24.16%
Interest
39.00
35.00
11.43%
Exceptional Items
-1.00
-7.00
85.71%
Consolidate Net Profit
-4.00
41.00
-109.76%
Operating Profit Margin (Excl OI)
172.60%
316.50%
-14.39%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -16.88% vs 0.00% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -109.76% vs 2,150.00% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
853.00
1,022.00
-16.54%
Operating Profit (PBDIT) excl Other Income
523.00
538.00
-2.79%
Interest
124.00
124.00
Exceptional Items
-41.00
-23.00
-78.26%
Consolidate Net Profit
74.00
115.00
-35.65%
Operating Profit Margin (Excl OI)
264.90%
234.80%
3.01%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -16.54% vs 22.25% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -35.65% vs 1,337.50% in Dec 2023
About Boralex, Inc. 
Boralex, Inc.
Power
Boralex Inc is a Canada-based power producer that develops, constructs and operates renewable energy power stations. The Company's segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States. It operates approximately 870 MW wind power portfolio of assets in France and Canada. It also owns the rights to portfolio of wind power projects in France. It is also a wind power operator in Canada with an installed capacity of approximately 550 MW in Quebec and Ontario.
Company Coordinates 
Company Details
36 Rue Lajeunesse , KINGSEY FALLS QC : J0A 1B0
Registrar Details






