Innergex Renewable Energy Inc

Chart & Performance

D1W1MN

Profile

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.

URL

https://www.innergex.com/

IPO date

Nov 28, 2007

Employees

538

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,041,574 19.65%	870,494 16.50%	747,208 21.85%
Cost of revenue	329,199	646,372	505,926
Unusual Expense (Income)
NOPBT	712,375	224,122	241,282
NOPBT Margin	68.39%	25.75%	32.29%
Operating Taxes	(46,913)	(6,577)	(26,240)
Tax Rate
NOPAT	759,288	230,699	267,522
Net income	(98,451) 8.05%	(91,115) -50.85%	(185,394) 536.85%
Dividends	(150,114)	(149,193)	(131,411)
Dividend yield	8.02%	4.56%	3.91%
Proceeds from repurchase of equity	(7,434)	133,572	256,516
BB yield	0.40%	-4.09%	-7.63%
Debt
Debt current	255,028	379,891	517,333
Long-term debt	6,588,109	5,910,973	4,721,320
Deferred revenue	22,173	17,903	18,702
Other long-term liabilities	310,142	264,696	317,733
Net debt	6,532,025	5,976,310	4,938,989
Cash flow
Cash from operating activities	297,853	430,243	265,498
CAPEX	(687,202)	(151,329)	(250,621)
Cash from investing activities	(633,709)	(635,766)	(667,054)
Cash from financing activities	333,279	133,154	414,077
FCF	442,090	(555,318)	(172,284)
Balance
Cash	159,244	162,971	166,266
Long term investments	151,868	151,583	133,398
Excess cash	259,033	271,029	262,304
Stockholders' equity	(1,377,640)	(1,097,565)	(664,679)
Invested Capital	9,477,425	8,881,478	7,434,301
ROIC	8.27%	2.83%	3.60%
ROCE	8.26%	2.69%	3.36%
EV
Common stock shares outstanding	203,565	201,836	180,857
Price	9.19 -43.27%	16.20 -12.90%	18.60 -32.04%
Market cap	1,870,763 -42.79%	3,269,742 -2.80%	3,363,936 -27.83%
EV	8,652,302	9,547,353	8,701,562
EBITDA	1,073,667	560,175	496,922
EV/EBITDA	8.06	17.04	17.51
Interest	339,550	287,728	234,826
Interest/NOPBT	47.66%	128.38%	97.32%