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Boralex (BLX) Competitors

Boralex logo
C$26.95 -0.10 (-0.37%)
As of 04:00 PM Eastern

BLX vs. KEY, BNC, HUT, SII, BITF, WED, HIVE, VBNK, WFC, and PTS

Should you be buying Boralex stock or one of its competitors? The main competitors of Boralex include Keyera (KEY), Purpose Canadian Financial Income Fund Series ETF (BNC), Hut 8 (HUT), Sprott (SII), Bitfarms (BITF), Westaim (WED), HIVE Digital Technologies (HIVE), VersaBank (VBNK), Wall Financial (WFC), and Points.com (PTS). These companies are all part of the "banking" industry.

Boralex vs. Its Competitors

Keyera (TSE:KEY) and Boralex (TSE:BLX) are both banking companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, institutional ownership, valuation, dividends, analyst recommendations and media sentiment.

Keyera currently has a consensus target price of C$50.92, suggesting a potential upside of 12.75%. Boralex has a consensus target price of C$39.00, suggesting a potential upside of 44.71%. Given Boralex's stronger consensus rating and higher probable upside, analysts clearly believe Boralex is more favorable than Keyera.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Keyera
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
4 Strong Buy rating(s)
3.00
Boralex
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
3.17

Boralex has a net margin of 7.55% compared to Keyera's net margin of 5.97%. Keyera's return on equity of 16.05% beat Boralex's return on equity.

Company Net Margins Return on Equity Return on Assets
Keyera5.97% 16.05% 6.15%
Boralex 7.55%4.29%2.54%

Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.6%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.4%. Keyera pays out 90.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Boralex pays out -733.3% of its earnings in the form of a dividend.

Keyera has a beta of 0.674688, meaning that its stock price is 33% less volatile than the S&P 500. Comparatively, Boralex has a beta of 0.399638, meaning that its stock price is 60% less volatile than the S&P 500.

47.9% of Keyera shares are owned by institutional investors. Comparatively, 54.1% of Boralex shares are owned by institutional investors. 0.4% of Keyera shares are owned by insiders. Comparatively, 0.2% of Boralex shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Keyera has higher revenue and earnings than Boralex. Boralex is trading at a lower price-to-earnings ratio than Keyera, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KeyeraC$7.27B1.42C$449.23MC$2.3119.55
BoralexC$830M3.34C$71.91M-C$0.09-299.44

In the previous week, Keyera had 2 more articles in the media than Boralex. MarketBeat recorded 2 mentions for Keyera and 0 mentions for Boralex. Keyera's average media sentiment score of 0.88 beat Boralex's score of 0.00 indicating that Keyera is being referred to more favorably in the media.

Company Overall Sentiment
Keyera Positive
Boralex Neutral

Summary

Keyera beats Boralex on 13 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BLX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BLX vs. The Competition

MetricBoralexUtilities IndustryUtilities SectorTSE Exchange
Market CapC$2.77BC$1.87BC$17.13BC$9.40B
Dividend Yield2.44%5.23%5.32%6.50%
P/E Ratio-299.4425.5352.2125.82
Price / Sales3.34219.8629.489.36
Price / Cash6.3642.3619.3383.29
Price / Book1.371.492.215.54
Net IncomeC$71.91MC$284.56MC$752.30MC$301.20M
7 Day Performance-3.34%4.09%1.70%1.35%
1 Month Performance-9.35%2.88%1.06%8.14%
1 Year Performance-22.36%1,237.99%229.20%36.96%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
2.145 of 5 stars
C$26.95
-0.4%
C$39.00
+44.7%
-20.7%C$2.77BC$830M-299.44180
KEY
Keyera
2.5259 of 5 stars
C$44.50
+0.4%
C$50.92
+14.4%
+8.8%C$10.20BC$7.27B19.2617,500News Coverage
Dividend Increase
BNC
Purpose Canadian Financial Income Fund Series ETF
N/AC$30.67
0.0%
N/AN/AC$4.36BN/A0.00206,500
HUT
Hut 8
N/AC$35.22
+0.2%
N/A+208.3%C$3.72BC$550.39M24.12219
SII
Sprott
1.0495 of 5 stars
C$94.00
+0.1%
C$88.33
-6.0%
+71.8%C$2.43BC$186.32M48.45170
BITF
Bitfarms
0.9171 of 5 stars
C$1.77
flat
C$3.75
+111.9%
+23.1%C$978.10MC$245.66M-11.06110News Coverage
WED
Westaim
0.061 of 5 stars
C$28.59
+0.5%
C$7.75
-72.9%
+634.1%C$959.34MC$42.11M-21.663,240Positive News
HIVE
HIVE Digital Technologies
N/AC$3.58
-2.7%
N/A+29.4%C$821.97MC$128.65M10.8520Gap Up
VBNK
VersaBank
1.8468 of 5 stars
C$16.24
-2.7%
C$19.00
+17.0%
-6.5%C$528.11MC$116.83M17.28100
WFC
Wall Financial
N/AC$15.75
+8.4%
N/AN/AC$505.48MC$212.09M16.94238,000Gap Up
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000

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This page (TSE:BLX) was last updated on 9/16/2025 by MarketBeat.com Staff
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