Innergex Renewable Energy Inc
TSX:INE

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Innergex Renewable Energy Inc Logo
Innergex Renewable Energy Inc
TSX:INE
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Price: 13.74 CAD Market Closed
Market Cap: 2.8B CAD

Relative Value

The Relative Value of one INE stock under the Base Case scenario is 36.15 CAD. Compared to the current market price of 13.74 CAD, Innergex Renewable Energy Inc is Undervalued by 62%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

INE Relative Value
Base Case
36.15 CAD
Undervaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
52
vs Industry
31
Median 3Y
2.5
Median 5Y
2.8
Industry
1.7
Forward
2.3
vs History
4
vs Industry
0
Median 3Y
-14.5
Median 5Y
-17.5
Industry
15.2
Forward
194.3
vs History
34
vs Industry
29
Median 3Y
6.7
Median 5Y
9.8
Industry
7.4
vs History
vs Industry
41
Median 3Y
-3.4
Median 5Y
-3.4
Industry
14.6
vs History
31
vs Industry
20
Median 3Y
2
Median 5Y
2.4
Industry
1.4
vs History
57
vs Industry
12
Median 3Y
8.1
Median 5Y
8.4
Industry
2.9
Forward
7
vs History
57
vs Industry
31
Median 3Y
10.4
Median 5Y
11
Industry
7.9
vs History
57
vs Industry
34
Median 3Y
12
Median 5Y
12.6
Industry
10.7
Forward
10.3
vs History
55
vs Industry
18
Median 3Y
25.9
Median 5Y
26.5
Industry
15.3
Forward
21.8
vs History
7
vs Industry
10
Median 3Y
25.3
Median 5Y
27.2
Industry
11.3
vs History
vs Industry
20
Median 3Y
-19.9
Median 5Y
-23.2
Industry
16.9
vs History
47
vs Industry
40
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

INE Competitors Multiples
Innergex Renewable Energy Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Innergex Renewable Energy Inc
TSX:INE
2.8B CAD 2.6 70.2 12 25.9
CN
China Yangtze Power Co Ltd
SSE:600900
681.4B CNY 8.1 20.9 20.2 20.2
ID
Barito Renewables Energy PT Tbk
IDX:BREN
1 254.2T IDR 122.4 526 173.5 173.5
CN
Huaneng Lancang River Hydropower Inc
SSE:600025
168.7B CNY 6.5 20.4 21.1 21.1
IN
Adani Green Energy Ltd
NSE:ADANIGREEN
1.7T INR 13.9 83.3 24 34
CN
China Longyuan Power Group Corp Ltd
HKEX:916
144.8B HKD 4 24.4 22.8 22.8
CN
China Three Gorges Renewables Group Co Ltd
SSE:600905
118.1B CNY 4 22.1 33.9 33.9
ES
EDP Renovaveis SA
ELI:EDPR
12.5B EUR 3.3 -20.1 21.4 21.4
CN
Sichuan Chuantou Energy Co Ltd
SSE:600674
69.9B CNY 42 16.2 173.3 173.3
IN
NHPC Ltd
NSE:NHPC
769.6B INR 6.9 24.3 18.9 25.2
IN
Ntpc Green Energy Ltd
NSE:NTPCGREEN
757.7B INR 31.3 124.8 43.1 74.3