Brookfield Renewable Partners
Market Cap
CA$22.4b
Last Updated
2020/02/17 00:38 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.
Rewards
Snowflake Analysis
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.6%
BEP.UN
3.6%
CA Renewable Energy
0.6%
CA Market
1 Year Return
84.6%
BEP.UN
40.6%
CA Renewable Energy
5.8%
CA Market
Return vs Industry: BEP.UN exceeded the Canadian Renewable Energy industry which returned 40.6% over the past year.
Return vs Market: BEP.UN exceeded the Canadian Market which returned 5.8% over the past year.
Shareholder returns
| BEP.UN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | 3.6% | 0.6% |
| 30 Day | 19.2% | 13.1% | 0.6% |
| 90 Day | 20.4% | 21.1% | 3.5% |
| 1 Year | 95.6%84.6% | 47.2%40.6% | 9.1%5.8% |
| 3 Year | 123.9%87.2% | 58.1%36.7% | 15.4%5.0% |
| 5 Year | 146.4%82.6% | 96.8%53.0% | 33.5%13.9% |
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
1 year ago | Simply Wall St
Who Owns Most Of Brookfield Renewable Partners LP (TSE:BEP.UN)?1 year ago | Simply Wall St
At US$39.90, Is It Time To Buy Brookfield Renewable Partners LP (TSE:BEP.UN)?Valuation
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$72.07) is trading below our estimate of fair value (CA$160.81)
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 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 (2.1x) 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 5 analysts?
15.9%
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 (1.4%).
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 (6.5% per year) is forecast to grow faster than the Canadian market (4.9% per year).
High Growth Revenue: BEP.UN's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BEP.UN's Return on Equity is forecast to be low in 3 years time (12.4%).
Past Performance
How has Brookfield Renewable Partners performed over the past 5 years?
3.0%
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, but has reduced losses over the past 5 years at a rate of 3% 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 (-28.4%).
Return on Equity
High ROE: BEP.UN has a negative Return on Equity (1.51%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Financial Health
How is Brookfield Renewable Partners's financial position?
Financial Position Analysis
Short Term Liabilities: BEP.UN's short term assets ($1.3B) exceed its short term liabilities ($895.0M).
Long Term Liabilities: BEP.UN's short term assets ($1.3B) do not cover its long term liabilities ($16.7B).
Debt to Equity History and Analysis
Debt Level: BEP.UN's debt to equity ratio (60.7%) is considered high.
Reducing Debt: BEP.UN's debt to equity ratio has reduced from 86.5% to 60.7% over the past 5 years.
Balance Sheet
Inventory Level: BEP.UN has a high level of physical assets or inventory.
Debt Coverage by Assets: BEP.UN's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BEP.UN has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: BEP.UN has been profitable on average in the past, therefore cash runway is not a concern.
Dividend
What is Brookfield Renewable Partners's current dividend yield, its reliability and sustainability?
3.99%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Brookfield Renewable Partners before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BEP.UN's dividend (3.99%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: BEP.UN's dividend (3.99%) is low compared to the top 25% of dividend payers in the Canadian market (5.32%).
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 forecast to be covered by earnings (73.6% payout ratio).
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Sachin Shah (42yo)
4.5yrs
Tenure
US$3,775,159
Compensation
Mr. Sachin G. Shah, CPA has been the Chief Executive Officer and Managing Partner of Renewable Power at Brookfield Renewable Partners Ltd since March 2019. Mr. Shah has been a Director of TerraForm Power, ...
CEO Compensation Analysis
Compensation vs Market: Sachin's total compensation ($USD3.78M) is below average for companies of similar size in the Canadian market ($USD6.85M).
Compensation vs Earnings: Sachin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Managing Partner & CEO of Renewable Power | 4.5yrs | US$3.78m | no data | |
| Managing Partner of Renewable Power | 0.9yrs | US$762.51k | no data | |
| Managing Director of Renewable Power | 0.9yrs | US$505.32k | no data | |
| Managing Partner of Renewable Power | 0.9yrs | US$1.32m | no data | |
| Managing Partner of Private Equity | 3.1yrs | US$1.62m | 0.0014% $318.6k | |
| Director of Investor Relations | 0yrs | no data | no data | |
| Vice Chair of Infrastructure & Renewable Power | 0yrs | US$1.27m | no data | |
| Vice Chair of Renewable Power | 0yrs | US$1.44m | no data | |
| Senior Vice President of Energy Management Services | 0yrs | no data | no data | |
| Senior Managing Partner | 0yrs | US$2.58m | no data |
0.9yrs
Average Tenure
46yo
Average Age
Experienced Management: BEP.UN's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Brookfield Renewable Partners Limited | 8.5yrs | no data | no data | |
| Independent Director of Brookfield Renewable Partners Limited | 1.1yrs | no data | no data | |
| Lead independent Director of Brookfield Renewable Partners Limited | 4yrs | no data | no data | |
| Independent Director of Brookfield Renewable Partners Limited | 8.5yrs | no data | 0.0048% $1.1m | |
| Independent Director of Brookfield Renewable Partners Limited | 8.3yrs | no data | 0.0032% $720.1k | |
| Independent Director of Brookfield Renewable Partners Limited | 8.3yrs | no data | no data | |
| Independent Director of Brookfield Renewable Partners Limited | 1.1yrs | no data | no data |
8.3yrs
Average Tenure
69yo
Average Age
Experienced Board: BEP.UN's board of directors are considered experienced (8.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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$22.435b
- Shares outstanding: 311.29m
- Website: https://www.bep.brookfield.com
Number of Employees
Location
- Brookfield Renewable Partners L.P.
- Brookfield Place
- Suite 300
- Toronto
- Ontario
- M5J 2T3
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BXE | DB (Deutsche Boerse AG) | Yes | Limited Partnership Units | DE | EUR | Nov 1999 |
| BEP.UN | TSX (The Toronto Stock Exchange) | Yes | Limited Partnership Units | CA | CAD | Nov 1999 |
| BEP | NYSE (New York Stock Exchange) | Yes | Limited Partnership Units | US | USD | Nov 1999 |
| 0JSE | LSE (London Stock Exchange) | Yes | Limited Partnership Units | GB | CAD | Nov 1999 |
| BEP.PRG | TSX (The Toronto Stock Exchange) | PFD CL A SER 7 | CA | CAD | Nov 2015 | |
| BREN.F | OTCPK (Pink Sheets LLC) | PFD CL A SER 7 | US | USD | Nov 2015 | |
| BEP.PRE | TSX (The Toronto Stock Exchange) | PFD LTD CL A | CA | CAD | Feb 2016 | |
| BEP.PRI | TSX (The Toronto Stock Exchange) | PFD LP UNIT 9 | CA | CAD | May 2016 | |
| BEP.PRK | TSX (The Toronto Stock Exchange) | PFD LTD A 11 | CA | CAD | Feb 2017 | |
| BEP.PRM | TSX (The Toronto Stock Exchange) | PFD UNIT SR 13 | CA | CAD | Jan 2018 | |
| BEP.PRO | TSX (The Toronto Stock Exchange) | 5.75% PFD A 15 | CA | CAD | Mar 2019 |
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 through hydro, wind, solar, cogeneration, and biomass sources. Its portfolio consists of approximately 17,400 megawatts of installed capacity. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:38 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.