Innergex Renewable Energy Inc. Logo

Innergex Renewable Energy Inc.

INE.TO

(2.0)
Stock Price

8,66 CAD

-1.64% ROA

-11.21% ROE

-15.68x PER

Market Cap.

1.985.205.380,00 CAD

578.82% DER

4.61% Yield

-12.35% NPM

Innergex Renewable Energy Inc. Stock Analysis

Innergex Renewable Energy Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Innergex Renewable Energy Inc. Fundamental Stock Analysis
# Analysis Rating
1 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

4 PBV

The stock's PBV ratio (1.61x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

6 ROE

Negative ROE (-1.67%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (-0.3%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 DER

The stock is burdened with a heavy load of debt (489%), making it financially unstable and potentially risky for investors.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-616) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Innergex Renewable Energy Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Innergex Renewable Energy Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Innergex Renewable Energy Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Innergex Renewable Energy Inc. Revenue
Year Revenue Growth
2006 6.236.995
2007 8.048.842 22.51%
2008 5.866.535 -37.2%
2009 25.641.051 77.12%
2010 89.100.000 71.22%
2011 148.260.000 39.9%
2012 180.860.000 18.02%
2013 198.259.000 8.78%
2014 241.834.000 18.02%
2015 246.869.000 2.04%
2016 292.785.000 15.68%
2017 400.263.000 26.85%
2018 576.616.000 30.58%
2019 557.042.000 -3.51%
2020 613.207.000 9.16%
2021 747.208.000 17.93%
2022 870.494.000 14.16%
2023 1.108.224.000 21.45%
2023 969.890.000 -14.26%
2024 1.039.887.996 6.73%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Innergex Renewable Energy Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 2.371.000 100%
2011 2.473.000 4.12%
2012 4.412.000 43.95%
2013 4.202.000 -5%
2014 5.696.000 26.23%
2015 8.005.000 28.84%
2016 10.288.000 22.19%
2017 12.057.000 14.67%
2018 16.719.000 27.88%
2019 12.905.000 -29.55%
2020 16.707.999 22.76%
2021 27.367.000 38.95%
2022 24.740.000 -10.62%
2023 0 0%
2023 27.162.000 100%
2024 35.124.000 22.67%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Innergex Renewable Energy Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 7.315.538 100%
2010 6.274.000 -16.6%
2011 0 0%
2012 18.698.000 100%
2013 20.366.000 8.19%
2014 26.767.000 23.91%
2015 28.962.000 7.58%
2016 32.648.000 11.29%
2017 39.458.000 17.26%
2018 63.743.000 38.1%
2019 49.412.000 -29%
2020 59.656.000 17.17%
2021 73.813.000 19.18%
2022 77.811.000 5.14%
2023 72.032.000 -8.02%
2023 69.242.000 -4.03%
2024 72.520.000 4.52%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Innergex Renewable Energy Inc. EBITDA
Year EBITDA Growth
2006 624.334
2007 1.684.792 62.94%
2008 -23.230.755 107.25%
2009 24.292.934 195.63%
2010 68.098.000 64.33%
2011 111.196.000 38.76%
2012 138.302.000 19.6%
2013 156.313.000 11.52%
2014 178.607.000 12.48%
2015 184.053.000 2.96%
2016 217.190.000 15.26%
2017 298.978.000 27.36%
2018 411.498.000 27.34%
2019 532.026.000 22.65%
2020 465.252.000 -14.35%
2021 525.137.000 11.4%
2022 637.250.000 17.59%
2023 826.356.000 22.88%
2023 692.196.000 -19.38%
2024 694.404.000 0.32%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Innergex Renewable Energy Inc. Gross Profit
Year Gross Profit Growth
2006 6.236.995
2007 8.048.842 22.51%
2008 5.866.535 -37.2%
2009 23.899.083 75.45%
2010 76.743.000 68.86%
2011 124.034.000 38.13%
2012 167.490.000 25.95%
2013 181.892.000 7.92%
2014 223.624.000 18.66%
2015 228.815.000 2.27%
2016 270.387.000 15.37%
2017 368.073.000 26.54%
2018 338.442.000 -8.76%
2019 458.587.000 26.2%
2020 481.765.000 4.81%
2021 342.462.000 -40.68%
2022 326.673.000 -4.83%
2023 1.168.716.000 72.05%
2023 1.041.574.000 -12.21%
2024 421.419.996 -147.16%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Innergex Renewable Energy Inc. Net Profit
Year Net Profit Growth
2006 178.763
2007 1.861.952 90.4%
2008 -33.909.317 105.49%
2009 -15.328.908 -121.21%
2010 -3.659.000 -318.94%
2011 -40.547.000 90.98%
2012 1.405.000 2985.91%
2013 48.170.000 97.08%
2014 -54.853.000 187.82%
2015 -30.301.000 -81.03%
2016 35.963.000 184.26%
2017 30.007.000 -19.85%
2018 32.692.000 8.21%
2019 -53.026.000 161.65%
2020 -29.111.000 -82.15%
2021 -185.394.000 84.3%
2022 -91.115.000 -103.47%
2023 36.340.000 350.73%
2023 -98.451.000 136.91%
2024 79.784.000 223.4%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Innergex Renewable Energy Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 2 100%
2008 -1 200%
2009 0 0%
2010 0 0%
2011 -1 0%
2012 0 0%
2013 0 0%
2014 -1 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 -1 100%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Innergex Renewable Energy Inc. Free Cashflow
Year Free Cashflow Growth
2006 -156.673
2007 1.324.584 111.83%
2008 -117.922.193 101.12%
2009 -27.837.732 -323.61%
2010 -15.780.000 -76.41%
2011 -170.646.000 90.75%
2012 -126.508.000 -34.89%
2013 18.579.000 780.92%
2014 -117.795.000 115.77%
2015 -291.596.000 59.6%
2016 -274.505.000 -6.23%
2017 56.795.000 583.33%
2018 23.596.000 -140.7%
2019 -607.665.000 103.88%
2020 -283.494.000 -114.35%
2021 14.877.000 2005.59%
2022 278.914.000 94.67%
2023 -13.932.000 2101.97%
2023 -389.349.000 96.42%
2024 -112.258.000 -246.83%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Innergex Renewable Energy Inc. Operating Cashflow
Year Operating Cashflow Growth
2006 206.973
2007 6.296.264 96.71%
2008 -11.551.116 154.51%
2009 22.949.050 150.33%
2010 23.356.000 1.74%
2011 43.445.000 46.24%
2012 62.181.000 30.13%
2013 122.286.000 49.15%
2014 87.665.000 -39.49%
2015 4.557.000 -1823.74%
2016 76.753.000 94.06%
2017 192.451.000 60.12%
2018 209.390.000 8.09%
2019 240.065.000 12.78%
2020 235.108.000 -2.11%
2021 265.498.000 11.45%
2022 430.243.000 38.29%
2023 102.990.000 -317.75%
2023 297.853.000 65.42%
2024 -7.917.000 3862.2%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Innergex Renewable Energy Inc. Capital Expenditure
Year Capital Expenditure Growth
2006 363.646
2007 4.971.680 92.69%
2008 106.371.077 95.33%
2009 50.786.782 -109.45%
2010 39.136.000 -29.77%
2011 214.091.000 81.72%
2012 188.689.000 -13.46%
2013 103.707.000 -81.94%
2014 205.460.000 49.52%
2015 296.153.000 30.62%
2016 351.258.000 15.69%
2017 135.656.000 -158.93%
2018 185.794.000 26.99%
2019 847.730.000 78.08%
2020 518.602.000 -63.46%
2021 250.621.000 -106.93%
2022 151.329.000 -65.61%
2023 116.922.000 -29.43%
2023 687.202.000 82.99%
2024 104.341.000 -558.61%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Innergex Renewable Energy Inc. Equity
Year Equity Growth
2006 1.809.681
2007 230.536.478 99.22%
2008 200.484.401 -14.99%
2009 183.269.204 -9.39%
2010 347.346.000 47.24%
2011 579.116.000 40.02%
2012 687.932.000 15.82%
2013 665.935.000 -3.3%
2014 562.225.000 -18.45%
2015 471.557.000 -19.23%
2016 485.232.000 2.82%
2017 450.189.000 -7.78%
2018 959.561.000 53.08%
2019 615.326.000 -55.94%
2020 1.070.932.000 42.54%
2021 1.360.680.000 21.29%
2022 1.486.427.000 8.46%
2023 1.391.589.000 -6.82%
2023 1.205.328.000 -15.45%
2024 1.484.532.000 18.81%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Innergex Renewable Energy Inc. Assets
Year Assets Growth
2006 3.757.301
2007 343.259.507 98.91%
2008 435.048.400 21.1%
2009 444.635.708 2.16%
2010 930.830.000 52.23%
2011 2.033.409.000 54.22%
2012 2.323.953.000 12.5%
2013 2.377.074.000 2.23%
2014 2.716.015.000 12.48%
2015 3.128.303.000 13.18%
2016 3.604.204.000 13.2%
2017 4.190.456.000 13.99%
2018 6.481.284.000 35.35%
2019 6.372.104.000 -1.71%
2020 7.154.232.000 10.93%
2021 7.396.068.000 3.27%
2022 8.602.427.000 14.02%
2023 8.952.721.000 3.91%
2023 8.939.826.000 -0.14%
2024 9.119.749.000 1.97%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Innergex Renewable Energy Inc. Liabilities
Year Liabilities Growth
2006 1.947.620
2007 112.723.029 98.27%
2008 234.563.999 51.94%
2009 261.366.504 10.25%
2010 583.484.000 55.21%
2011 1.454.293.000 59.88%
2012 1.636.021.000 11.11%
2013 1.711.139.000 4.39%
2014 2.153.790.000 20.55%
2015 2.656.746.000 18.93%
2016 3.118.972.000 14.82%
2017 3.740.267.000 16.61%
2018 5.521.723.000 32.26%
2019 5.756.778.000 4.08%
2020 6.083.300.000 5.37%
2021 6.035.388.000 -0.79%
2022 7.116.000.000 15.19%
2023 7.561.132.000 5.89%
2023 7.734.498.000 2.24%
2024 7.635.217.000 -1.3%

Innergex Renewable Energy Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.04
Net Income per Share
-0.62
Price to Earning Ratio
-15.68x
Price To Sales Ratio
1.94x
POCF Ratio
7.73
PFCF Ratio
-4.84
Price to Book Ratio
1.8
EV to Sales
7.95
EV Over EBITDA
11.57
EV to Operating CashFlow
31.71
EV to FreeCashFlow
-19.82
Earnings Yield
-0.06
FreeCashFlow Yield
-0.21
Market Cap
1,99 Bil.
Enterprise Value
8,13 Bil.
Graham Number
8.72
Graham NetNet
-35.65

Income Statement Metrics

Net Income per Share
-0.62
Income Quality
-1.84
ROE
-0.11
Return On Assets
-0.01
Return On Capital Employed
0.03
Net Income per EBT
0.78
EBT Per Ebit
-0.78
Ebit per Revenue
0.2
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.73
Operating Profit Margin
0.2
Pretax Profit Margin
-0.16
Net Profit Margin
-0.12

Dividends

Dividend Yield
0.05
Dividend Yield %
4.61
Payout Ratio
-1.05
Dividend Per Share
0.45

Operating Metrics

Operating Cashflow per Share
1.26
Free CashFlow per Share
-2.02
Capex to Operating CashFlow
2.6
Capex to Revenue
0.65
Capex to Depreciation
1.75
Return on Invested Capital
0.02
Return on Tangible Assets
-0.02
Days Sales Outstanding
88.35
Days Payables Outstanding
342.49
Days of Inventory on Hand
0
Receivables Turnover
4.13
Payables Turnover
1.07
Inventory Turnover
0
Capex per Share
3.29

Balance Sheet

Cash per Share
1,08
Book Value per Share
7,32
Tangible Book Value per Share
0.24
Shareholders Equity per Share
5.42
Interest Debt per Share
32.99
Debt to Equity
5.79
Debt to Assets
0.7
Net Debt to EBITDA
8.74
Current Ratio
0.57
Tangible Asset Value
0,05 Bil.
Net Current Asset Value
-7,09 Bil.
Invested Capital
7753101000
Working Capital
-0,41 Bil.
Intangibles to Total Assets
0.16
Average Receivables
0,24 Bil.
Average Payables
0,25 Bil.
Average Inventory
0
Debt to Market Cap
3.21

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Innergex Renewable Energy Inc. Dividends
Year Dividends Growth
2010 0
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2024 0 0%

Innergex Renewable Energy Inc. Profile

About Innergex Renewable Energy Inc.

Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates hydroelectric facilities, and wind and solar farms, as well as energy storage facilities. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 23, 2022, it owned and operated 80 facilities with a net installed capacity of 3,101 megawatts, which included 40 hydroelectric facilities, 33 watersheds, 32 wind farms, and 8 solar farms; and had interests in under development and prospective projects at various stages of development. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.

CEO
Mr. Michel Letellier MBA
Employee
602
Address
1225 Saint-Charles Street West
Longueuil, J4K 0B9

Innergex Renewable Energy Inc. Executives & BODs

Innergex Renewable Energy Inc. Executives & BODs
# Name Age
1 Mr. Naji Baydoun C.F.A.
Director of Investor Relations
70
2 Ms. Alexandra Boislard Pepin M.B.A.
Chief Human Resources Officer
70
3 Ms. Karine Vachon
Senior Director – Communications
70
4 Mr. Niko Nikolaidis M.B.A., M.Sc.
Vice President of Investments & Financing
70
5 Mr. Yves Baribeault Eng., L.L.B., M.B.A.
Chief Legal Officer & Secretary
70
6 Mr. Michel Letellier MBA
President, Chief Executive Officer & Director
70
7 Mr. Guillaume Jumel
Vice President & MD of France
70
8 Sophie Pilkington
Senior Manager - Compliance
70
9 Mr. Jean Trudel M.B.A.
Chief Financial Officer
70
10 Ms. Pascale Tremblay Eng., ING, M.Sc.
Chief Asset Officer
70

Innergex Renewable Energy Inc. Competitors