Innergex Renewable Energy Inc
TSX:INE

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Innergex Renewable Energy Inc
TSX:INE
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Price: 13.73 CAD Market Closed
Market Cap: 2.8B CAD

Relative Value

The Relative Value of one INE stock under the Base Case scenario is 36.12 CAD. Compared to the current market price of 13.73 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
36.12 CAD
Undervaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
65
vs Industry
31
Median 3Y
2.6
Median 5Y
3.5
Industry
1.7
Forward
2.3
vs History
4
vs Industry
0
Median 3Y
-18.5
Median 5Y
-22.8
Industry
15
Forward
194.2
vs History
44
vs Industry
29
Median 3Y
7.2
Median 5Y
9.9
Industry
7.1
vs History
vs Industry
41
Median 3Y
-3.4
Median 5Y
-3.4
Industry
13.9
vs History
42
vs Industry
20
Median 3Y
2.1
Median 5Y
2.5
Industry
1.4
vs History
65
vs Industry
12
Median 3Y
8.1
Median 5Y
9.4
Industry
2.9
Forward
7
vs History
65
vs Industry
31
Median 3Y
10.4
Median 5Y
12.4
Industry
7.9
vs History
65
vs Industry
34
Median 3Y
12
Median 5Y
14.1
Industry
10.6
Forward
10.3
vs History
68
vs Industry
18
Median 3Y
25.9
Median 5Y
28.4
Industry
15.1
Forward
21.8
vs History
14
vs Industry
10
Median 3Y
25.4
Median 5Y
28
Industry
10.9
vs History
vs Industry
20
Median 3Y
-18.3
Median 5Y
-22.1
Industry
16.8
vs History
63
vs Industry
40
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

INE Competitors Multiples
Innergex Renewable Energy Inc Competitors

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
736.7B CNY 8.6 21.9 21.2 21.2
ID
Barito Renewables Energy PT Tbk
IDX:BREN
786T IDR 80.5 379.8 115.1 115.1
CN
Huaneng Lancang River Hydropower Inc
SSE:600025
173.5B CNY 6.7 20.5 21.3 21.3
CN
China Longyuan Power Group Corp Ltd
HKEX:916
158.6B HKD 3.5 24.6 11.3 22.3
IN
Adani Green Energy Ltd
NSE:ADANIGREEN
1.6T INR 14.1 109.3 24.9 34.7
CN
China Three Gorges Renewables Group Co Ltd
SSE:600905
123.4B CNY 4.2 20.1 24.3 24.3
ES
EDP Renovaveis SA
ELI:EDPR
10.9B EUR 3 -21.5 40.8 40.8
CN
Sichuan Chuantou Energy Co Ltd
SSE:600674
79.2B CNY 46.2 16.8 158 158
IN
Ntpc Green Energy Ltd
NSE:NTPCGREEN
897.8B INR 40.6 188.8 55.1 91.2
IN
NHPC Ltd
NSE:NHPC
854.2B INR 8.2 28.4 21.1 26.9