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Innergex Renewable Energy Inc. (INE.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Innergex Renewable Energy Inc. (INE.TO)

Equity · Currency in CAD · Last updated Apr 17, 2024

Company Info

ISINCA45790B1040
CUSIP45790B104
SectorUtilities
IndustryUtilities—Renewable

Highlights

Market CapCA$1.63B
EPS-CA$0.51
PEG Ratio2.25
Revenue (TTM)CA$1.04B
Gross Profit (TTM)CA$615.34M
EBITDA (TTM)CA$689.39M
Year RangeCA$6.97 - CA$14.31
Target PriceCA$11.17
Short %4.32%
Short Ratio6.52

Share Price Chart

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Compare to other instruments

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Innergex Renewable Energy Inc.

Popular comparisons: INE.TO vs. BLX.TO, INE.TO vs. TLT, INE.TO vs. FTS, INE.TO vs. FTS.TO, INE.TO vs. H.TO

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Innergex Renewable Energy Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2024FebruaryMarchApril
-15.63%
17.02%
INE.TO (Innergex Renewable Energy Inc.)
Benchmark (^GSPC)

S&P 500

Returns By Period

Innergex Renewable Energy Inc. had a return of -13.48% year-to-date (YTD) and -43.60% in the last 12 months. Over the past 10 years, Innergex Renewable Energy Inc. had an annualized return of 1.85%, while the S&P 500 had an annualized return of 10.50%, indicating that Innergex Renewable Energy Inc. did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date-13.48%5.90%
1 month-4.78%-1.28%
6 months-15.63%15.51%
1 year-43.60%21.68%
5 years (annualized)-7.37%11.74%
10 years (annualized)1.85%10.50%

Monthly Returns Heatmap

JanFebMarAprMayJunJulAugSepOctNovDec
2024-0.11%-7.95%-4.35%
2023-19.78%-16.03%12.53%-2.48%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of INE.TO is 7, indicating that it is in the bottom 7% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
The Risk-Adjusted Performance Rank of INE.TO is 77
Innergex Renewable Energy Inc.(INE.TO)
The Sharpe Ratio Rank of INE.TO is 22Sharpe Ratio Rank
The Sortino Ratio Rank of INE.TO is 44Sortino Ratio Rank
The Omega Ratio Rank of INE.TO is 66Omega Ratio Rank
The Calmar Ratio Rank of INE.TO is 1717Calmar Ratio Rank
The Martin Ratio Rank of INE.TO is 77Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Innergex Renewable Energy Inc. (INE.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

INE.TO
Sharpe ratio
The chart of Sharpe ratio for INE.TO, currently valued at -1.22, compared to the broader market-2.00-1.000.001.002.003.00-1.22
Sortino ratio
The chart of Sortino ratio for INE.TO, currently valued at -1.93, compared to the broader market-4.00-2.000.002.004.006.00-1.93
Omega ratio
The chart of Omega ratio for INE.TO, currently valued at 0.79, compared to the broader market0.501.001.500.79
Calmar ratio
The chart of Calmar ratio for INE.TO, currently valued at -0.59, compared to the broader market0.001.002.003.004.005.00-0.59
Martin ratio
The chart of Martin ratio for INE.TO, currently valued at -1.50, compared to the broader market-10.000.0010.0020.0030.00-1.50
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market-2.00-1.000.001.002.003.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-4.00-2.000.002.004.006.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.501.001.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.001.002.003.004.005.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market-10.000.0010.0020.0030.007.62

Sharpe Ratio

The current Innergex Renewable Energy Inc. Sharpe ratio is -1.22. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-1.22
2.60
INE.TO (Innergex Renewable Energy Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Innergex Renewable Energy Inc. granted a 8.02% dividend yield in the last twelve months. The annual payout for that period amounted to CA$0.63 per share.

PeriodTTM20232022202120202019201820172016201520142013
DividendCA$0.63CA$0.72CA$0.72CA$0.72CA$0.72CA$0.70CA$0.68CA$0.66CA$0.64CA$0.62CA$0.60CA$0.58

Dividend yield

8.02%7.83%4.44%3.87%2.63%4.15%5.42%4.58%4.56%5.47%5.28%5.47%

Monthly Dividends

The table displays the monthly dividend distributions for Innergex Renewable Energy Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDec
2024CA$0.00CA$0.00CA$0.09
2023CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18
2022CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18
2021CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18
2020CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18
2019CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18CA$0.00CA$0.00CA$0.18
2018CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17
2017CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17
2016CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.16
2015CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.16
2014CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15
2013CA$0.15CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%20.0%8.0%
Innergex Renewable Energy Inc. has a dividend yield of 8.02%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%868.8%
Innergex Renewable Energy Inc. has a payout ratio of 868.75%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2024FebruaryMarchApril
-71.58%
-1.92%
INE.TO (Innergex Renewable Energy Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Innergex Renewable Energy Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Innergex Renewable Energy Inc. was 79.81%, occurring on Dec 19, 2008. Recovery took 863 trading sessions.

The current Innergex Renewable Energy Inc. drawdown is 71.58%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-79.81%Jan 7, 2008243Dec 19, 2008863May 31, 20121106
-74.52%Jan 11, 2021781Feb 20, 2024———
-34.27%Feb 12, 202028Mar 23, 202081Jul 17, 2020109
-20.68%Aug 8, 2012251Aug 7, 201395Dec 20, 2013346
-19.13%Sep 13, 2017273Oct 15, 201876Feb 1, 2019349

Volatility

Volatility Chart

The current Innergex Renewable Energy Inc. volatility is 8.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

0.00%5.00%10.00%15.00%NovemberDecember2024FebruaryMarchApril
8.83%
3.10%
INE.TO (Innergex Renewable Energy Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Innergex Renewable Energy Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Income Statement

Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly
TTM
Revenue

Total Revenue

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Cost Of Revenue

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Gross Profit

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Operating Expenses

Selling, General & Admin Expenses

0.00

R&D Expenses

0.00

Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

0.00

Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items