BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP (BEP-PR-M.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BEP-PR-M - BMG162584053
25.45 CAD
-0.2 (-0.78%)
Overall BEP-PR-M gets a fundamental rating of 3 out of 10. We evaluated BEP-PR-M against 33 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of BEP-PR-M while its profitability can be described as average. BEP-PR-M is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- BEP-PR-M had negative earnings in the past year.
- BEP-PR-M had a positive operating cash flow in the past year.
- BEP-PR-M had negative earnings in each of the past 5 years.
- In the past 5 years BEP-PR-M always reported a positive cash flow from operatings.
1.2 Ratios
- BEP-PR-M's Return On Assets of -0.25% is fine compared to the rest of the industry. BEP-PR-M outperforms 72.73% of its industry peers.
- With a decent Return On Equity value of -6.56%, BEP-PR-M is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 2.12%, BEP-PR-M is doing worse than 60.61% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for BEP-PR-M is below the industry average of 3.83%.
- The 3 year average ROIC (1.45%) for BEP-PR-M is below the current ROIC(2.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.25% | ||
| ROE | -6.56% | ||
| ROIC | 2.12% |
ROA(3y)-0.22%
ROA(5y)-0.27%
ROE(3y)-3.79%
ROE(5y)-3.8%
ROIC(3y)1.45%
ROIC(5y)1.27%
1.3 Margins
- With an excellent Operating Margin value of 36.25%, BEP-PR-M belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
- BEP-PR-M's Operating Margin has declined in the last couple of years.
- BEP-PR-M has a Gross Margin of 55.56%. This is comparable to the rest of the industry: BEP-PR-M outperforms 54.55% of its industry peers.
- In the last couple of years the Gross Margin of BEP-PR-M has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.25% | ||
| PM (TTM) | N/A | ||
| GM | 55.56% |
OM growth 3Y5.06%
OM growth 5Y-6.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1%
GM growth 5Y-0.45%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BEP-PR-M is destroying value.
- The number of shares outstanding for BEP-PR-M has been reduced compared to 1 year ago.
- The number of shares outstanding for BEP-PR-M has been increased compared to 5 years ago.
- BEP-PR-M has a better debt/assets ratio than last year.
2.2 Solvency
- A Debt/Equity ratio of 7.75 is on the high side and indicates that BEP-PR-M has dependencies on debt financing.
- With a Debt to Equity ratio value of 7.75, BEP-PR-M is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC6.4%
2.3 Liquidity
- BEP-PR-M has a Current Ratio of 0.58. This is a bad value and indicates that BEP-PR-M is not financially healthy enough and could expect problems in meeting its short term obligations.
- BEP-PR-M's Current ratio of 0.58 is on the low side compared to the rest of the industry. BEP-PR-M is outperformed by 69.70% of its industry peers.
- A Quick Ratio of 0.58 indicates that BEP-PR-M may have some problems paying its short term obligations.
- BEP-PR-M has a Quick ratio of 0.58. This is in the lower half of the industry: BEP-PR-M underperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
- The earnings per share for BEP-PR-M have decreased by -4.88% in the last year.
- BEP-PR-M shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.54%.
- The Revenue has been growing by 14.66% on average over the past years. This is quite good.
EPS 1Y (TTM)-4.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%28.13%
Revenue 1Y (TTM)11.54%
Revenue growth 3Y13.01%
Revenue growth 5Y14.66%
Sales Q2Q%8.57%
3.2 Future
- BEP-PR-M is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.18% yearly.
- BEP-PR-M is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.11% yearly.
EPS Next Y77.3%
EPS Next 2Y47.22%
EPS Next 3Y29.92%
EPS Next 5Y24.18%
Revenue Next Year12.39%
Revenue Next 2Y10.02%
Revenue Next 3Y7.39%
Revenue Next 5Y10.11%
3.3 Evolution
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- BEP-PR-M reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Based on the Price/Forward Earnings ratio of 124.90, the valuation of BEP-PR-M can be described as expensive.
- BEP-PR-M's Price/Forward Earnings is on the same level as the industry average.
- BEP-PR-M is valuated expensively when we compare the Price/Forward Earnings ratio to 25.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 124.9 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BEP-PR-M indicates a rather cheap valuation: BEP-PR-M is cheaper than 81.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.65 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- BEP-PR-M's earnings are expected to grow with 29.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y47.22%
EPS Next 3Y29.92%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.20%, BEP-PR-M is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.52, BEP-PR-M has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, BEP-PR-M pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
- The dividend of BEP-PR-M decreases each year by -0.06%.
- BEP-PR-M has been paying a dividend for over 5 years, so it has already some track record.
- As BEP-PR-M did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-0.06%
Div Incr Years2
Div Non Decr Years6
5.3 Sustainability
- BEP-PR-M has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-195.95%
EPS Next 2Y47.22%
EPS Next 3Y29.92%
BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP / BEP-PR-M.CA FAQ
What is the ChartMill fundamental rating of BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP (BEP-PR-M.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to BEP-PR-M.CA.
Can you provide the valuation status for BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP?
ChartMill assigns a valuation rating of 2 / 10 to BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP (BEP-PR-M.CA). This can be considered as Overvalued.
What is the profitability of BEP-PR-M stock?
BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP (BEP-PR-M.CA) has a profitability rating of 4 / 10.
What is the financial health of BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP (BEP-PR-M.CA) stock?
The financial health rating of BROOKFIELD RENEWABLE PAR - BEPUCN 6.05 PERP (BEP-PR-M.CA) is 1 / 10.