Brookfield Renewable
Market Cap
US$16.7b
Last Updated
2021/03/02 23:08 UTC
Data Sources
Company Financials
Executive Summary
Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily in North America, Europe, Colombia, and Brazil. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet not a dividend payer.
Share Price & News
How has Brookfield Renewable's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BEPC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BEPC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-2.8%
BEPC
-7.8%
US Renewable Energy
-0.7%
US Market
1 Year Return
n/a
BEPC
31.7%
US Renewable Energy
36.6%
US Market
Return vs Industry: Insufficient data to determine how BEPC performed against the US Renewable Energy industry.
Return vs Market: Insufficient data to determine how BEPC performed against the US Market.
Shareholder returns
| BEPC | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | -7.8% | -0.7% |
| 30 Day | -17.9% | -5.6% | 4.3% |
| 90 Day | -6.8% | 10.5% | 8.1% |
| 1 Year | n/a | 35.8%31.7% | 39.6%36.6% |
| 3 Year | n/a | 72.6%58.7% | 53.5%43.7% |
| 5 Year | n/a | 188.9%139.9% | 123.7%98.8% |
Long-Term Price Volatility Vs. Market
How volatile is Brookfield Renewable's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Brookfield Renewable undervalued compared to its fair value and its price relative to the market?
14.2x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BEPC ($45.96) is trading above our estimate of fair value ($32.36)
Significantly Below Fair Value: BEPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BEPC is unprofitable, so we can't compare its PE Ratio to the US Renewable Energy industry average.
PE vs Market: BEPC 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 BEPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BEPC is overvalued based on its PB Ratio (14.2x) compared to the US Renewable Energy industry average (2.9x).
Next Steps
Future Growth
How is Brookfield Renewable forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
31.4%
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brookfield Renewable has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of BEPC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Brookfield Renewable competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has Brookfield Renewable performed over the past 5 years?
-78.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEPC is currently unprofitable.
Growing Profit Margin: BEPC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BEPC is unprofitable, and losses have increased over the past 5 years at a rate of 78.1% per year.
Accelerating Growth: Unable to compare BEPC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BEPC is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-62.3%).
Return on Equity
High ROE: BEPC has a negative Return on Equity (-24.04%), as it is currently unprofitable.
Next Steps
Financial Health
How is Brookfield Renewable's financial position?
Financial Position Analysis
Short Term Liabilities: BEPC's short term assets ($1.6B) do not cover its short term liabilities ($10.0B).
Long Term Liabilities: BEPC's short term assets ($1.6B) do not cover its long term liabilities ($17.8B).
Debt to Equity History and Analysis
Debt Level: BEPC's debt to equity ratio (109.4%) is considered high.
Reducing Debt: Insufficient data to determine if BEPC's debt to equity ratio has reduced 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: Whilst unprofitable BEPC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BEPC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.6% per year.
Next Steps
Dividend
What is Brookfield Renewable current dividend yield, its reliability and sustainability?
2.63%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEPC's dividend (2.63%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: BEPC's dividend (2.63%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BEPC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BEPC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: BEPC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average board tenure
CEO
Connor Teskey (32 yo)
no data
Tenure
Mr. Connor David Teskey serves as Chief Executive Officer at Brookfield Renewable Partners L.P. since October 5, 2020 and prior to this served as its Chief Investment Officer. Mr. Teskey serves as Managing...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0.67yr | no data | no data | |
| Independent Director | 0.67yr | no data | 0.00044% $ 73.5k | |
| Director | 0.083yr | US$13.07m | 0.00085% $ 142.0k | |
| Lead Independent Director | 0.67yr | no data | 0.0019% $ 312.5k | |
| Independent Director | 0.67yr | no data | 0.0015% $ 259.0k | |
| Independent Director | 0.67yr | no data | 0.0028% $ 461.2k | |
| Independent Director | 0.67yr | no data | 0.00092% $ 153.7k | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 0.33yr | no data | no data |
0.7yrs
Average Tenure
63yo
Average Age
Experienced Board: BEPC's board of directors are not considered experienced ( 0.7 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: BEPC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: BEPC only recently listed within the past 12 months.
Top Shareholders
Company Information
Brookfield Renewable Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brookfield Renewable Corporation
- Ticker: BEPC
- Exchange: NYSE
- Founded: 2019
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: CA$21.158b
- Listing Market Cap: CA$16.711b
- Shares outstanding: 361.80m
- Website: https://bep.brookfield.com/bepc
Location
- Brookfield Renewable Corporation
- 250 Vesey Street
- 15th Floor
- New York
- New York
- 10281-1023
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BEPC | NYSE (New York Stock Exchange) | Yes | Class A Subordinate Voting Shares | US | USD | Jul 2020 |
| BEPC | TSX (The Toronto Stock Exchange) | Yes | Class A Subordinate Voting Shares | CA | CAD | Jul 2020 |
Biography
Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily in North America, Europe, Colombia, and Brazil. It operates hydroelectric, wind, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 23:08 |
| End of Day Share Price | 2021/03/02 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.