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: 13.78 CAD -0.14%
Market Cap: 2.8B CAD

Relative Value

The Relative Value of one INE stock under the Base Case scenario is 35.86 CAD. Compared to the current market price of 13.78 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
35.86 CAD
Undervaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
66
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
-33.7
Median 5Y
-31.9
Industry
14.7
Forward
194.9
vs History
46
vs Industry
29
Median 3Y
7.2
Median 5Y
9.9
Industry
7
vs History
vs Industry
41
Median 3Y
-3.3
Median 5Y
-4
Industry
13.5
vs History
42
vs Industry
20
Median 3Y
2.1
Median 5Y
2.5
Industry
1.4
vs History
66
vs Industry
12
Median 3Y
8.1
Median 5Y
9.6
Industry
2.8
Forward
7
vs History
66
vs Industry
31
Median 3Y
10.4
Median 5Y
12.5
Industry
7.7
vs History
66
vs Industry
34
Median 3Y
12
Median 5Y
14.2
Industry
10.3
Forward
10.3
vs History
69
vs Industry
18
Median 3Y
26
Median 5Y
28.6
Industry
14.9
Forward
21.9
vs History
14
vs Industry
10
Median 3Y
25.4
Median 5Y
28
Industry
10.8
vs History
vs Industry
20
Median 3Y
-18.1
Median 5Y
-20.1
Industry
16.6
vs History
65
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 70.4 12 26
CN
China Yangtze Power Co Ltd
SSE:600900
743.8B CNY 8.7 22.1 21.3 21.3
ID
Barito Renewables Energy PT Tbk
IDX:BREN
809.4T IDR 82.2 387.8 117 117
CN
Huaneng Lancang River Hydropower Inc
SSE:600025
177.1B CNY 6.9 20.9 21.6 21.6
CN
China Longyuan Power Group Corp Ltd
HKEX:916
147.6B HKD 3.3 23 10.9 21.5
IN
Adani Green Energy Ltd
NSE:ADANIGREEN
1.5T INR 13.4 103.8 24 33.4
CN
China Three Gorges Renewables Group Co Ltd
SSE:600905
121.6B CNY 4.1 19.8 24.1 24.1
ES
EDP Renovaveis SA
ELI:EDPR
10.1B EUR 2.8 -19.9 39 39
CN
Sichuan Chuantou Energy Co Ltd
SSE:600674
78.1B CNY 45.5 16.6 156.1 156.1
IN
Ntpc Green Energy Ltd
NSE:NTPCGREEN
876.4B INR 39.7 184.3 54 89.3
IN
NHPC Ltd
NSE:NHPC
822.6B INR 7.9 27.4 20.5 26.2