NYSE:BEPC

Stock Analysis Report

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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


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

BEPCIndustryMarket
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 Yearn/a35.8%31.7%39.6%36.6%
3 Yearn/a72.6%58.7%53.5%43.7%
5 Yearn/a188.9%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

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

NamePositionTenureCompensationOwnership
Jeffrey Blidner
Chairman0.67yrno datano data
Nancy Dorn
Independent Director0.67yrno data0.00044%
$ 73.5k
Sachin Shah
Director0.083yrUS$13.07m0.00085%
$ 142.0k
David Mann
Lead Independent Director0.67yrno data0.0019%
$ 312.5k
Louis Maroun
Independent Director0.67yrno data0.0015%
$ 259.0k
Eleazar de Carvalho Filho
Independent Director0.67yrno data0.0028%
$ 461.2k
Patricia Zuccotti
Independent Director0.67yrno data0.00092%
$ 153.7k
Stephen Westwell
Independent Director0.67yrno datano data
Scott Cutler
Independent Director0.33yrno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BEPCNYSE (New York Stock Exchange)YesClass A Subordinate Voting SharesUSUSDJul 2020
BEPCTSX (The Toronto Stock Exchange)YesClass A Subordinate Voting SharesCACADJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/02 23:08
End of Day Share Price2021/03/02 00:00
Earnings2020/12/31
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.