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BEP

Brookfield Renewable PartnersNYSE:BEP Stock Report

Last Price

CA$32.75

Market Cap

CA$15.5b

7D

-4.0%

1Y

-27.3%

Updated

16 Jan, 2022

Data

Company Financials +
BEP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends3/6

BEP Stock Overview

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China.

Brookfield Renewable Partners Competitors

NextEra Energy Partners

NYSE:NEP

US$6.4b

Atlantica Sustainable Infrastructure

NasdaqGS:AY

US$3.7b

Etrion

OTCPK:ETRX.F

US$4.3m

Clearway Energy

NYSE:CWEN.A

US$6.3b

Price History & Performance

Summary of all time highs, changes and price drops for Brookfield Renewable Partners
Historical stock prices
Current Share PriceCA$32.75
52 Week HighCA$49.85
52 Week LowCA$32.63
Beta0.69
1 Month Change-7.75%
3 Month Change-13.36%
1 Year Change-27.29%
3 Year Change115.39%
5 Year Change113.36%
Change since IPO131.33%

Recent News & Updates

Jan 17

Brookfield Renewable Corp.: Price Of A Bubble Deflating

Brookfield Renewable Corporation was bid up to insane levels during the 2020 renewable chase. That bubble has been deflating slowly but surely and investors are now getting a chance to get in at smallest premium. Valuations are still above average but modest returns are probable.

Nov 26

Brookfield Renewable: You Can Expect 5% Total Annualized Returns

Brookfield Renewable has gone nowhere since the bubble popped on the stock. Valuations are no longer as extreme. We tell you why you can expect it to beat bonds, but don't expect the outperformance of the past.

Sep 22

The Sun Is Shining On Brookfield Renewable

Management has an excellent track record as they have been patient with solar and wind assets in the renewable space. Brookfield Renewable has the operational expertise to ramp up solar assets substantially. Solar is already economical without subsidies, and projections indicate that costs will continue falling.

Shareholder Returns

BEPUS Renewable EnergyUS Market
7D-4.0%-1.4%-0.5%
1Y-27.3%-17.7%13.7%

Return vs Industry: BEP underperformed the US Renewable Energy industry which returned -17.7% over the past year.

Return vs Market: BEP underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is BEP's price volatile compared to industry and market?
BEP volatility
BEP Average Weekly Movement3.5%
Renewable Energy Industry Average Movement7.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: BEP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BEP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19993,000Connor Teskeyhttps://www.bep.brookfield.com

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 hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. Its portfolio consists of approximately 19,000 megawatts of installed capacity.

Brookfield Renewable Partners Fundamentals Summary

How do Brookfield Renewable Partners's earnings and revenue compare to its market cap?
BEP fundamental statistics
Market CapUS$15.51b
Earnings (TTM)-US$367.00m
Revenue (TTM)US$3.98b

3.9x

P/S Ratio

-42.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BEP income statement (TTM)
RevenueUS$3.98b
Cost of RevenueUS$1.27b
Gross ProfitUS$2.71b
ExpensesUS$3.08b
Earnings-US$367.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 04, 2022

Earnings per share (EPS)-0.78
Gross Margin68.14%
Net Profit Margin-9.23%
Debt/Equity Ratio100.1%

How did BEP perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

-155%

Payout Ratio

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 ($32.75) is trading below our estimate of fair value ($317.81)

Significantly Below Fair Value: BEP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BEP is unprofitable, so we can't compare its PE Ratio to the US Renewable Energy industry average.

PE vs Market: BEP is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BEP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BEP is good value based on its PB Ratio (2x) compared to the US 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?

86.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: BEP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BEP's is expected to become profitable in the next 3 years.

Revenue vs Market: BEP's revenue (7.1% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: BEP's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BEP's Return on Equity is forecast to be low in 3 years time (0.4%).


Past Performance

How has Brookfield Renewable Partners performed over the past 5 years?

-49.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BEP is currently unprofitable.

Growing Profit Margin: BEP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BEP is unprofitable, and losses have increased over the past 5 years at a rate of 49.7% per year.

Accelerating Growth: Unable to compare BEP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BEP is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-10.5%).


Return on Equity

High ROE: BEP has a negative Return on Equity (-0.51%), as it is currently unprofitable.


Financial Health

How is Brookfield Renewable Partners's financial position?


Financial Position Analysis

Short Term Liabilities: BEP's short term assets ($2.3B) do not cover its short term liabilities ($3.2B).

Long Term Liabilities: BEP's short term assets ($2.3B) do not cover its long term liabilities ($26.4B).


Debt to Equity History and Analysis

Debt Level: BEP's net debt to equity ratio (97.2%) is considered high.

Reducing Debt: BEP's debt to equity ratio has increased from 84.3% to 100.1% over the past 5 years.


Balance Sheet


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 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BEP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Brookfield Renewable Partners's current dividend yield, its reliability and sustainability?

3.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BEP's dividend (3.71%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: BEP's dividend (3.71%) is in the top 25% of dividend payers in the US market (3.44%)


Stability and Growth of Payments

Stable Dividend: BEP's dividend payments have been volatile in the past 10 years.

Growing Dividend: BEP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: BEP is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: BEP's dividends in 3 years are not forecast to be well covered by earnings (714.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Connor Teskey (33 yo)

1.25yrs

Tenure

US$5,644,868

Compensation

Mr. Connor David Teskey serves as Chief Executive Officer of BRP Energy Group L.P., the Service Provider of Brookfield Renewable Partners L.P. since October 5, 2020 and served as its Chief Investment Offi...


CEO Compensation Analysis

Compensation vs Market: Connor's total compensation ($USD5.64M) is below average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Connor's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BEP's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: BEP's board of directors are considered experienced (6.6 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 employee growth, exchange listings and data sources


Key Information

  • Name: Brookfield Renewable Partners L.P.
  • Ticker: BEP
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Implied Market Cap: CA$19.455b
  • Listing Market Cap: CA$15.506b
  • Shares outstanding: 473.48m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:04
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.