| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 3/6 |
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
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$32.75 |
| 52 Week High | CA$49.85 |
| 52 Week Low | CA$32.63 |
| Beta | 0.69 |
| 1 Month Change | -7.75% |
| 3 Month Change | -13.36% |
| 1 Year Change | -27.29% |
| 3 Year Change | 115.39% |
| 5 Year Change | 113.36% |
| Change since IPO | 131.33% |
Recent News & Updates
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.
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.
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
| BEP | US Renewable Energy | US 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
| BEP volatility | |
|---|---|
| BEP Average Weekly Movement | 3.5% |
| Renewable Energy Industry Average Movement | 7.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 3,000 | Connor Teskey | https://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
| BEP fundamental statistics | |
|---|---|
| Market Cap | US$15.51b |
| Earnings (TTM) | -US$367.00m |
| Revenue (TTM) | US$3.98b |
3.9x
P/S Ratio-42.3x
P/E RatioIs BEP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BEP income statement (TTM) | |
|---|---|
| Revenue | US$3.98b |
| Cost of Revenue | US$1.27b |
| Gross Profit | US$2.71b |
| Expenses | US$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 Margin | 68.14% |
| Net Profit Margin | -9.23% |
| Debt/Equity Ratio | 100.1% |
How did BEP perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield-155%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 23:04 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| 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.