BROOKFIELD RENEWABLE PARTNER (BEP) Stock Fundamental Analysis
USA - NYSE:BEP - BMG162581083
24.94 USD
-0.69 (-2.69%)
25.15 USD
+0.21 (+0.84%)
Taking everything into account, BEP scores 3 out of 10 in our fundamental rating. BEP was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. BEP has a bad profitability rating. Also its financial health evaluation is rather negative. BEP is valied quite expensively at the moment, while 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.
BEP had negative earnings in each of the past 5 years.
Each year in the past 5 years BEP had a positive operating cash flow.
1.2 Ratios
BEP's Return On Assets of -0.28% is in line compared to the rest of the industry. BEP outperforms 45.00% of its industry peers.
BEP's Return On Equity of -6.89% is on the low side compared to the rest of the industry. BEP is outperformed by 60.00% of its industry peers.
BEP has a Return On Invested Capital (2.14%) which is in line with its industry peers.
BEP had an Average Return On Invested Capital over the past 3 years of 1.59%. This is below the industry average of 4.21%.
The last Return On Invested Capital (2.14%) for BEP is above the 3 year average (1.59%), which is a sign of increasing profitability.
| 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
Looking at the Operating Margin, with a value of 35.44%, BEP belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
In the last couple of years the Operating Margin of BEP has declined.
Looking at the Gross Margin, with a value of 56.24%, BEP is in line with its industry, outperforming 55.00% of the companies in the same industry.
BEP's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BEP is destroying value.
Compared to 1 year ago, BEP has less shares outstanding
The number of shares outstanding for BEP has been increased compared to 5 years ago.
The debt/assets ratio for BEP has been reduced compared to a year ago.
2.2 Solvency
BEP has a Debt/Equity ratio of 7.97. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 7.97, BEP is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC6.57%
2.3 Liquidity
A Current Ratio of 0.44 indicates that BEP may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.44, BEP is doing worse than 85.00% of the companies in the same industry.
A Quick Ratio of 0.43 indicates that BEP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.43, BEP is doing worse than 80.00% of the companies in the same industry.
| 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.
The Revenue is expected to grow by 11.45% on average over the next years. This is quite good.
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
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
The Price/Earnings Ratio is negative for BEP. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BEP. No positive earnings are expected for the next year.
| 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 85.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.84 |
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.
Compared to an average industry Dividend Yield of 4.77, BEP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, 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%
24.94
-0.69 (-2.69%)
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 Cap7.11B
Analysts72.5
Price Target20.89 (-16.24%)
Short Float %0.44%
Short Ratio2.78
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)-1.81%
PT rev (3m)1.67%
EPS NQ rev (1m)-17.05%
EPS NQ rev (3m)-100.65%
EPS NY rev (1m)-45.01%
EPS NY rev (3m)-45.01%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)1.42%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)3.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.15 | ||
| P/FCF | N/A | ||
| P/OCF | 4.86 | ||
| P/B | 1.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.84 |
EPS(TTM)-0.95
EYN/A
EPS(NY)-0.88
Fwd EYN/A
FCF(TTM)-12.76
FCFYN/A
OCF(TTM)5.13
OCFY20.56%
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
WACC6.57%
ROIC/WACC0.33
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%