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Innergex Renewable Energy Inc. (INE.TO)
Key financial summary
Financials in CAD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 557 | 613 | 747 | 870 | 1,042 | 952 | 996 |
| Operating profit | CAD m | 274 | 285 | |||||
| Net profit | CAD m | -53 | -29 | -185 | -91 | -98 | 16 | 45 |
| EPS reported | CAD | 0.05 | 0.19 | |||||
| Operating cashflow per share | CAD | 1.44 | 1.44 | |||||
| Capex per share | CAD | 2.15 | 2.15 | |||||
| FCF per share | CAD | -0.71 | -0.71 | |||||
| Free cash flow | CAD m | -144 | -150 | |||||
| Net debt | CAD m | 6,381 | 6,473 | |||||
| Book value equity | CAD m | 1,126 | 1,095 | |||||
| Book value per share | CAD | 5.52 | 5.43 | |||||
| Number of shares | m | 203.81 | 201.78 | |||||
| DPS (TTM paid) | CAD | 0.36 | 0.00 |
Financial summary
Financials in CAD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 160.04 | - | |||||
| P/B LTM | x | 1.45 | 2.53 | |||||
| P/S LTM | x | 1.71 | 2.78 | |||||
| P/FCF LTM | x | -11.31 | -18.43 | |||||
| EV/EBITDA LTM | x | 12.03 | 12.41 | |||||
| EV/Sales LTM | x | 8.72 | 9.29 | |||||
| Earnings Yield LTM | % | 0.62% | 0.57% | |||||
| FCF Yield | % | -8.84% | -5.43% | |||||
| Quality | ||||||||
| ROE | % | 1.41% | 1.44% | |||||
| ROIC | % | -5.02% | -5.02% | |||||
| Operating margin | % | 28.72% | 28.72% | |||||
| Gross margin | % | 109.95% | 109.95% | |||||
| FCF/Sales | % | -15.12% | -15.12% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -8.56% | -1.92% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +24.57% | +28.26% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 5.93% | 0.00% | |||||
| Dividend Growth | % | -50.00% | - | |||||
| Payout Ratio | % | 607.84% | 199.56% | |||||
| FCF/Debt | x | -0.02 | -0.02 | |||||
| Net Debt/EBITDA | x | 9.67 | 9.67 | |||||
| EBIT/Net interest | x | 0.82 | 0.82 | |||||
| Net debt/market cap | % | 391.55% | 233.46% | |||||
| Net debt/Equity | x | 5.67 | 5.91 | |||||
| Gross debt/equity | x | 6.10 | 6.07 | |||||
Company overview
Innergex Renewable Energy Inc. operates as an autonomous producer of clean energy, with its activities spanning Canada, the United States, France, and Chile. The company is involved in the acquisition, development, ownership, and management of various renewable assets, including hydroelectric installations, wind and solar power plants, and energy storage solutions. Its operational framework is divided into three core segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 23, 2022, Innergex managed 80 operational sites, contributing a net installed capacity of 3,101 megawatts. This portfolio comprised 40 hydroelectric facilities (situated across 33 watersheds), 32 wind farms, and 8 solar installations. Additionally, the firm holds interests in numerous projects currently under development or in various prospective planning stages. Established in 1990, Innergex Renewable Energy Inc. maintains its corporate headquarters in Longueuil, Canada.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Innergex Renewable Energy Inc. (INE.TO)
Innergex Renewable Energy Inc. operates as an autonomous producer of clean energy, with its activities spanning Canada, the United States, France, and Chile. The company is involved in the acquisition, development, ownership, and management of various renewable assets, including hydroelectric installations, wind and solar power plants, and energy storage solutions. Its operational framework is divided into three core segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 23, 2022, Innergex managed 80 operational sites, contributing a net installed capacity of 3,101 megawatts. This portfolio comprised 40 hydroelectric facilities (situated across 33 watersheds), 32 wind farms, and 8 solar installations. Additionally, the firm holds interests in numerous projects currently under development or in various prospective planning stages. Established in 1990, Innergex Renewable Energy Inc. maintains its corporate headquarters in Longueuil, Canada.
- Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro
- Jinko Power Technology Co.,Ltd.
- China Resources New Energy Holdings Company Limited
- O.Y. Nofar Energy Ltd
- Scatec ASA
- PT Pertamina Geothermal Energy Tbk
- Ningxia Jiaze Renewables Corporation Limited
- Jiangsu New Energy Development Co., Ltd.
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