Brookfield Renewable Partners
Market Cap
CA$25.5b
Last Updated
2021/04/09 23:02 UTC
Data Sources
Company Financials +
Executive Summary
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. More Details
Rewards
Risk Analysis
Dividend of 2.84% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Brookfield Renewable Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BEP.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BEP.UN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.6%
BEP.UN
0.8%
CA Renewable Energy
0.9%
CA Market
1 Year Return
60.2%
BEP.UN
49.7%
CA Renewable Energy
39.2%
CA Market
Return vs Industry: BEP.UN exceeded the Canadian Renewable Energy industry which returned 49.7% over the past year.
Return vs Market: BEP.UN exceeded the Canadian Market which returned 39.2% over the past year.
Shareholder returns
| BEP.UN | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 0.8% | 0.9% |
| 30 Day | 8.5% | 5.6% | 3.0% |
| 90 Day | -12.2% | -16.1% | 7.5% |
| 1 Year | 65.9%60.2% | 55.1%49.7% | 43.9%39.2% |
| 3 Year | 205.9%163.0% | 138.3%107.5% | 32.5%19.8% |
| 5 Year | 257.3%173.1% | 183.0%122.8% | 59.3%35.1% |
Long-Term Price Volatility Vs. Market
How volatile is Brookfield Renewable Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Who Owns Most Of Brookfield Renewable Partners LP (TSE:BEP.UN)?2 years ago | Simply Wall St
At US$39.90, Is It Time To Buy Brookfield Renewable Partners LP (TSE:BEP.UN)?2 years ago | Simply Wall St
Brookfield Renewable Partners LP. (TSE:BEP.UN): What You Have To Know Before Buying For The Upcoming DividendValuation
Is Brookfield Renewable Partners undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BEP.UN (CA$53.88) is trading below our estimate of fair value (CA$116.92)
Significantly Below Fair Value: BEP.UN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BEP.UN is unprofitable, so we can't compare its PE Ratio to the CA Renewable Energy industry average.
PE vs Market: BEP.UN is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BEP.UN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BEP.UN is good value based on its PB Ratio (2.2x) compared to the CA Renewable Energy industry average (2.4x).
Future Growth
How is Brookfield Renewable Partners forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
70.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BEP.UN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: BEP.UN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BEP.UN's is expected to become profitable in the next 3 years.
Revenue vs Market: BEP.UN's revenue (4.1% per year) is forecast to grow slower than the Canadian market (7.2% per year).
High Growth Revenue: BEP.UN's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BEP.UN is forecast to be unprofitable in 3 years.
Past Performance
How has Brookfield Renewable Partners performed over the past 5 years?
-20.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEP.UN is currently unprofitable.
Growing Profit Margin: BEP.UN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BEP.UN is unprofitable, and losses have increased over the past 5 years at a rate of 20.2% per year.
Accelerating Growth: Unable to compare BEP.UN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BEP.UN is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-19.8%).
Return on Equity
High ROE: BEP.UN has a negative Return on Equity (-0.21%), as it is currently unprofitable.
Financial Health
How is Brookfield Renewable Partners's financial position?
Financial Position Analysis
Short Term Liabilities: BEP.UN's short term assets ($1.7B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: BEP.UN's short term assets ($1.7B) do not cover its long term liabilities ($25.1B).
Debt to Equity History and Analysis
Debt Level: BEP.UN's debt to equity ratio (83.1%) is considered high.
Reducing Debt: BEP.UN's debt to equity ratio has reduced from 83.7% to 83.1% over the past 5 years.
Debt Coverage: BEP.UN's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: BEP.UN is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Brookfield Renewable Partners's current dividend yield, its reliability and sustainability?
2.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEP.UN's dividend (2.84%) is higher than the bottom 25% of dividend payers in the Canadian market (1.47%).
High Dividend: BEP.UN's dividend (2.84%) is low compared to the top 25% of dividend payers in the Canadian market (4.73%).
Stability and Growth of Payments
Stable Dividend: BEP.UN's dividend payments have been volatile in the past 10 years.
Growing Dividend: BEP.UN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: BEP.UN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BEP.UN's dividends in 3 years are not forecast to be well covered by earnings (9955% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Connor Teskey (32 yo)
0.50
Tenure
Mr. Connor David Teskey serves as Chief Executive Officer at Brookfield Renewable Partners L.P. since October 5, 2020 and served as its Chief Investment Officer. Mr. Teskey serves as Managing Partner of Br...
Leadership Team
Experienced Management: BEP.UN's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: BEP.UN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BEP.UN insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Brookfield Renewable Partners L.P.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brookfield Renewable Partners L.P.
- Ticker: BEP.UN
- Exchange: TSX
- Founded: 1999
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: CA$25.504b
- Shares outstanding: 473.35m
- Website: https://www.bep.brookfield.com
Number of Employees
Location
- Brookfield Renewable Partners L.P.
- 73 Front Street
- 5th Floor
- Hamilton
- HM 12
- Bermuda
Listings
Biography
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity throug...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/09 23:02 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.