BLX.TO vs. NOA.TO
Compare and contrast key facts about Boralex Inc. (BLX.TO) and North American Construction Group Ltd. (NOA.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLX.TO or NOA.TO.
Key characteristics
| BLX.TO | NOA.TO | |
|---|---|---|
| YTD Return | -0.50% | 4.38% |
| 1Y Return | 17.12% | 7.25% |
| 3Y Return (Ann) | -2.79% | 15.21% |
| 5Y Return (Ann) | 9.35% | 15.80% |
| 10Y Return (Ann) | 12.57% | 18.92% |
| Sharpe Ratio | 0.67 | 0.22 |
| Sortino Ratio | 1.21 | 0.54 |
| Omega Ratio | 1.14 | 1.07 |
| Calmar Ratio | 0.38 | 0.23 |
| Martin Ratio | 1.86 | 0.41 |
| Ulcer Index | 10.09% | 17.44% |
| Daily Std Dev | 27.99% | 33.19% |
| Max Drawdown | -73.68% | -92.20% |
| Current Drawdown | -36.31% | -16.00% |
Fundamentals
| BLX.TO | NOA.TO | |
|---|---|---|
| Market Cap | CA$3.39B | CA$766.45M |
| EPS | CA$0.93 | CA$1.90 |
| PE Ratio | 35.46 | 15.04 |
| PEG Ratio | 2.22 | 3.71 |
| Total Revenue (TTM) | CA$781.00M | CA$1.19B |
| Gross Profit (TTM) | CA$346.00M | CA$233.51M |
| EBITDA (TTM) | CA$488.00M | CA$250.08M |
Correlation
The correlation between BLX.TO and NOA.TO is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BLX.TO vs. NOA.TO - Performance Comparison
In the year-to-date period, BLX.TO achieves a -0.50% return, which is significantly lower than NOA.TO's 4.38% return. Over the past 10 years, BLX.TO has underperformed NOA.TO with an annualized return of 12.57%, while NOA.TO has yielded a comparatively higher 18.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BLX.TO vs. NOA.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Boralex Inc. (BLX.TO) and North American Construction Group Ltd. (NOA.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BLX.TO vs. NOA.TO - Dividend Comparison
BLX.TO's dividend yield for the trailing twelve months is around 2.06%, more than NOA.TO's 1.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BLX.TO Boralex Inc. | 2.06% | 2.02% | 1.70% | 1.96% | 1.44% | 2.72% | 3.74% | 2.55% | 2.87% | 3.60% | 4.05% |
NOA.TO North American Construction Group Ltd. | 1.40% | 1.45% | 1.77% | 0.83% | 1.29% | 0.76% | 0.66% | 1.27% | 1.54% | 3.24% | 2.17% |
Drawdowns
BLX.TO vs. NOA.TO - Drawdown Comparison
The maximum BLX.TO drawdown since its inception was -73.68%, smaller than the maximum NOA.TO drawdown of -92.20%. Use the drawdown chart below to compare losses from any high point for BLX.TO and NOA.TO. For additional features, visit the drawdowns tool.
Volatility
BLX.TO vs. NOA.TO - Volatility Comparison
The current volatility for Boralex Inc. (BLX.TO) is 9.37%, while North American Construction Group Ltd. (NOA.TO) has a volatility of 17.45%. This indicates that BLX.TO experiences smaller price fluctuations and is considered to be less risky than NOA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BLX.TO vs. NOA.TO - Financials Comparison
This section allows you to compare key financial metrics between Boralex Inc. and North American Construction Group Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities