More stocks to consider
Alternative stocks to Innergex (TSX:INE)


These are the alternatives to Innergex that fall within the same industry, Renewable Electricity, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Innergex Performance

Innergex stock research in summary

innergex.com


Innergex shares are more expensive than other comparable stocks. They are poor value, show below average growth, and are riskily financed. We recommend evaluating whether the future of the company Innergex is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


Latest Obermatt Ranks


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Country Canada
Industry Renewable Electricity
Index
Size class Medium

Large companies - similar industry as Innergex

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. UGI (XL, US)  Gas Utilities
1. UGI (XL, US)   Gas Utilities 85 87 73 99
2. ATCO (XL, CA)  Multi-Utilities
2. ATCO (XL, CA)   Multi-Utilities 97 57 81 97
3. Capital Power (XL, CA)  Power Producers & Traders
3. Capital Power (XL, CA)   Power Producers & Traders 67 55 99 93
4. Hawaiian Electric Industries (XL, US)  Electric Utilities
4. Hawaiian Electric Industries (XL, US)   Electric Utilities 75 77 90 90
5. Consolidated Edison (XXL, US)  Multi-Utilities
5. Consolidated Edison (XXL, US)   Multi-Utilities 57 57 92 90
6. Evergy (XL, US)  Electric Utilities
6. Evergy (XL, US)   Electric Utilities 63 85 44 82
7. Atmos Energy (XL, US)  Gas Utilities
7. Atmos Energy (XL, US)   Gas Utilities 9 93 97 81
8. PPL (XL, US)  Electric Utilities
8. PPL (XL, US)   Electric Utilities 47 65 75 77
9. NRG (XXL, US)  Electric Utilities
9. NRG (XXL, US)   Electric Utilities 31 97 61 77
10. Southwest Gas (XL, US)  Gas Utilities
10. Southwest Gas (XL, US)   Gas Utilities 75 51 48 76

July 3, 2025

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Innergex

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Russel Metals (XL, CA)  Trading & Distribution
1. Russel Metals (XL, CA)   Trading & Distribution 89 93 93 100
2. Methanex (XL, CA)  Commodity Chemicals
2. Methanex (XL, CA)   Commodity Chemicals 98 55 75 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 76 100 92 100
4. ATCO (XL, CA)  Multi-Utilities
4. ATCO (XL, CA)   Multi-Utilities 97 57 81 97
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 59 61 65 96
6. Barrick Gold (XL, CA)  Gold Production
6. Barrick Gold (XL, CA)   Gold Production 90 69 67 94
7. Capital Power (XL, CA)  Power Producers & Traders
7. Capital Power (XL, CA)   Power Producers & Traders 67 55 99 93
8. CGI (XL, CA)  IT Consulting & oth. Services
8. CGI (XL, CA)   IT Consulting & oth. Services 92 59 70 93
9. Linamar (XL, CA)  Auto Parts & Equipment
9. Linamar (XL, CA)   Auto Parts & Equipment 85 41 94 92
10. Manulife Financial (XXL, CA)  Life & Health Insurance
10. Manulife Financial (XXL, CA)   Life & Health Insurance 61 35 100 91

July 3, 2025


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Mid sized companies - similar industry as Innergex

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ALLETE (L, US)  Electric Utilities
1. ALLETE (L, US)   Electric Utilities 79 95 82 100
2. National Fuel Gas (L, US)  Gas Utilities
2. National Fuel Gas (L, US)   Gas Utilities 35 100 83 97
3. IDACORP (L, US)  Electric Utilities
3. IDACORP (L, US)   Electric Utilities 33 100 90 96
4. Canadian Utilities (L, CA)  Multi-Utilities
4. Canadian Utilities (L, CA)   Multi-Utilities 85 100 47 95
5. NW Natural (L, US)  Gas Utilities
5. NW Natural (L, US)   Gas Utilities 93 75 63 93
6. Portland General Electric (L, US)  Electric Utilities
6. Portland General Electric (L, US)   Electric Utilities 100 25 91 91
7. ONE Gas (L, US)  Gas Utilities
7. ONE Gas (L, US)   Gas Utilities 67 65 65 87
8. Clearway Energy (L, US)  Renewable Electricity
8. Clearway Energy (L, US)   Renewable Electricity 51 89 64 86
9. NorthWestern (L, US)  Multi-Utilities
9. NorthWestern (L, US)   Multi-Utilities 89 27 88 86
10. Avista (L, US)  Multi-Utilities
10. Avista (L, US)   Multi-Utilities 95 43 62 82

July 3, 2025


Mid sized companies - similar region as Innergex

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. SSR Mining (L, CA)  Gold Production
1. SSR Mining (L, CA)   Gold Production 90 100 86 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 91 69 98 100
3. Parex Resources (L, CA)  Oil & Gas Production
3. Parex Resources (L, CA)   Oil & Gas Production 99 45 100 100
4. Whitecap Resources (L, CA)  Oil & Gas Production
4. Whitecap Resources (L, CA)   Oil & Gas Production 69 99 65 100
5. Paramount (L, CA)  Oil & Gas Production
5. Paramount (L, CA)   Oil & Gas Production 59 71 100 99
6. Winpak (L, CA)  Metal & Glass Containers
6. Winpak (L, CA)   Metal & Glass Containers 38 85 100 98
7. Mullen (L, CA)  Trucking
7. Mullen (L, CA)   Trucking 98 57 81 98
8. Rogers Sugar (L, CA)  Packaged Foods & Meats
8. Rogers Sugar (L, CA)   Packaged Foods & Meats 92 77 57 98
9. Dundee Precious Metals (M, CA)  Gold Production
9. Dundee Precious Metals (M, CA)   Gold Production 62 67 98 96
10. Sundial Growers (M, CA)  Pharmaceuticals
10. Sundial Growers (M, CA)   Pharmaceuticals 86 64 75 96

July 3, 2025



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