BROOKFIELD RENEWABLE PARTNER (BEP) Stock Fundamental Analysis
NYSE:BEP - BMG162581083
25.46 USD
+0.37 (+1.47%)
25.4 USD
-0.06 (-0.24%)
Taking everything into account, BEP scores 3 out of 10 in our fundamental rating. BEP was compared to 19 industry peers in the Independent Power and Renewable Electricity Producers industry. BEP has a medium profitability rating, but doesn't score so well on its financial health evaluation. BEP is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BEP has reported negative net income.
In the past year BEP had a positive cash flow from operations.
In the past 5 years BEP always reported negative net income.
In the past 5 years BEP always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.28%, BEP is in line with its industry, outperforming 42.11% of the companies in the same industry.
With a Return On Equity value of -6.89%, BEP is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
BEP has a Return On Invested Capital (2.14%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BEP is in line with the industry average of 3.53%.
The 3 year average ROIC (1.59%) for BEP is below the current ROIC(2.14%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.28% | ||
| ROE | -6.89% | ||
| ROIC | 2.14% |
ROA(3y)-0.22%
ROA(5y)-0.27%
ROE(3y)-3.79%
ROE(5y)-3.8%
ROIC(3y)1.59%
ROIC(5y)1.39%
1.3 Margins
The Operating Margin of BEP (35.44%) is better than 89.47% of its industry peers.
BEP's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 56.24%, BEP perfoms like the industry average, outperforming 57.89% of the companies in the same industry.
In the last couple of years the Gross Margin of BEP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.44% | ||
| PM (TTM) | N/A | ||
| GM | 56.24% |
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
BEP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
BEP has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BEP has been increased compared to 5 years ago.
Compared to 1 year ago, BEP has an improved debt to assets ratio.
2.2 Solvency
BEP has a Debt/Equity ratio of 7.97. This is a high value indicating a heavy dependency on external financing.
BEP has a worse Debt to Equity ratio (7.97) than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.37
WACC5.8%
2.3 Liquidity
A Current Ratio of 0.44 indicates that BEP may have some problems paying its short term obligations.
The Current ratio of BEP (0.44) is worse than 84.21% of its industry peers.
BEP has a Quick Ratio of 0.44. This is a bad value and indicates that BEP is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BEP (0.43) is worse than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The earnings per share for BEP have decreased strongly by -48.44% in the last year.
BEP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.25%.
Measured over the past years, BEP shows a quite strong growth in Revenue. The Revenue has been growing by 14.66% on average per year.
EPS 1Y (TTM)-48.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%21.43%
Revenue 1Y (TTM)15.25%
Revenue growth 3Y13.01%
Revenue growth 5Y14.66%
Sales Q2Q%14.17%
3.2 Future
BEP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.18% yearly.
BEP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.45% yearly.
EPS Next Y10.73%
EPS Next 2Y0.63%
EPS Next 3Y25.03%
EPS Next 5Y24.18%
Revenue Next Year24.1%
Revenue Next 2Y14.66%
Revenue Next 3Y4.71%
Revenue Next 5Y11.45%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
BEP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year BEP is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
BEP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BEP is cheaper than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.81 |
4.3 Compensation for Growth
A more expensive valuation may be justified as BEP's earnings are expected to grow with 25.03% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.63%
EPS Next 3Y25.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.20%, BEP is a good candidate for dividend investing.
BEP's Dividend Yield is a higher than the industry average which is at 5.31.
Compared to an average S&P500 Dividend Yield of 2.34, BEP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
The dividend of BEP decreases each year by -0.06%.
BEP has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of BEP decreased recently.
Dividend Growth(5Y)-0.06%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of BEP are negative and hence is the payout ratio. BEP will probably not be able to sustain this dividend level.
DP-171.43%
EPS Next 2Y0.63%
EPS Next 3Y25.03%
25.46
+0.37 (+1.47%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners37.03%
Inst Owner Change-41.83%
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap7.25B
Analysts73.33
Price Target20.95 (-17.71%)
Short Float %0.64%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend1.61
Dividend Growth(5Y)-0.06%
DP-171.43%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.23%
Min EPS beat(2)-27.34%
Max EPS beat(2)24.89%
EPS beat(4)2
Avg EPS beat(4)-22.14%
Min EPS beat(4)-150.12%
Max EPS beat(4)64%
EPS beat(8)2
Avg EPS beat(8)-598.43%
EPS beat(12)2
Avg EPS beat(12)-670.72%
EPS beat(16)2
Avg EPS beat(16)-604.17%
Revenue beat(2)2
Avg Revenue beat(2)5.33%
Min Revenue beat(2)1.28%
Max Revenue beat(2)9.37%
Revenue beat(4)3
Avg Revenue beat(4)3.85%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)9.37%
Revenue beat(8)6
Avg Revenue beat(8)6.59%
Revenue beat(12)10
Avg Revenue beat(12)11.06%
Revenue beat(16)12
Avg Revenue beat(16)9.43%
PT rev (1m)1.64%
PT rev (3m)2.69%
EPS NQ rev (1m)-3.53%
EPS NQ rev (3m)-71.43%
EPS NY rev (1m)-45.01%
EPS NY rev (3m)-45.01%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)1.23%
Revenue NY rev (1m)3.74%
Revenue NY rev (3m)3.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.17 | ||
| P/FCF | N/A | ||
| P/OCF | 4.97 | ||
| P/B | 1.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.81 |
EPS(TTM)-0.95
EYN/A
EPS(NY)-0.88
Fwd EYN/A
FCF(TTM)-12.76
FCFYN/A
OCF(TTM)5.13
OCFY20.14%
SpS21.67
BVpS13.91
TBVpS-7.62
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.28% | ||
| ROE | -6.89% | ||
| ROCE | 2.7% | ||
| ROIC | 2.14% | ||
| ROICexc | 2.18% | ||
| ROICexgc | 2.37% | ||
| OM | 35.44% | ||
| PM (TTM) | N/A | ||
| GM | 56.24% | ||
| FCFM | N/A |
ROA(3y)-0.22%
ROA(5y)-0.27%
ROE(3y)-3.79%
ROE(5y)-3.8%
ROIC(3y)1.59%
ROIC(5y)1.39%
ROICexc(3y)1.63%
ROICexc(5y)1.42%
ROICexgc(3y)1.7%
ROICexgc(5y)1.47%
ROCE(3y)2.02%
ROCE(5y)1.76%
ROICexcg growth 3Y5.11%
ROICexcg growth 5Y-4.01%
ROICexc growth 3Y3.39%
ROICexc growth 5Y-4.87%
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%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.97 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.23 | ||
| Cap/Depr | 233.49% | ||
| Cap/Sales | 82.56% | ||
| Interest Coverage | 1.02 | ||
| Cash Conversion | 33.42% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | N/A |
F-Score5
WACC5.8%
ROIC/WACC0.37
Cap/Depr(3y)158.58%
Cap/Depr(5y)127.9%
Cap/Sales(3y)56.2%
Cap/Sales(5y)45.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%21.43%
EPS Next Y10.73%
EPS Next 2Y0.63%
EPS Next 3Y25.03%
EPS Next 5Y24.18%
Revenue 1Y (TTM)15.25%
Revenue growth 3Y13.01%
Revenue growth 5Y14.66%
Sales Q2Q%14.17%
Revenue Next Year24.1%
Revenue Next 2Y14.66%
Revenue Next 3Y4.71%
Revenue Next 5Y11.45%
EBIT growth 1Y44.61%
EBIT growth 3Y18.73%
EBIT growth 5Y6.79%
EBIT Next Year39.94%
EBIT Next 3Y19.09%
EBIT Next 5Y11.27%
FCF growth 1Y-960.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-27.02%
OCF growth 3Y19.37%
OCF growth 5Y0.54%