BROOKFIELD RENEWABLE COR-A (BEPC)
CA11284V1058 - Common Stock
We assign a fundamental rating of 4 out of 10 to BEPC. BEPC was compared to 21 industry peers in the Independent Power and Renewable Electricity Producers industry. BEPC has a medium profitability rating, but doesn't score so well on its financial health evaluation. BEPC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BEPC had negative earnings in the past year.
BEPC had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BEPC reported negative net income in multiple years.
Each year in the past 5 years BEPC had a positive operating cash flow.
1.2 Ratios
BEPC has a Return On Assets of -0.37%. This is in the lower half of the industry: BEPC underperforms 61.90% of its industry peers.
The Return On Equity of BEPC (-3.13%) is worse than 66.67% of its industry peers.
BEPC's Return On Invested Capital of 3.41% is fine compared to the rest of the industry. BEPC outperforms 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BEPC is in line with the industry average of 3.61%.
The 3 year average ROIC (2.85%) for BEPC is below the current ROIC(3.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.37% | ||
| ROE | -3.13% | ||
| ROIC | 3.41% |
ROA(3y)1.79%
ROA(5y)-0.22%
ROE(3y)16.09%
ROE(5y)-36.42%
ROIC(3y)2.85%
ROIC(5y)2.69%
1.3 Margins
BEPC has a Operating Margin of 40.36%. This is amongst the best in the industry. BEPC outperforms 90.48% of its industry peers.
BEPC's Operating Margin has improved in the last couple of years.
BEPC has a Gross Margin of 63.05%. This is in the better half of the industry: BEPC outperforms 66.67% of its industry peers.
BEPC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.36% | ||
| PM (TTM) | N/A | ||
| GM | 63.05% |
OM growth 3Y15.55%
OM growth 5Y3.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.33%
GM growth 5Y0.24%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BEPC is destroying value.
Compared to 1 year ago, BEPC has more shares outstanding
The number of shares outstanding for BEPC has been increased compared to 5 years ago.
Compared to 1 year ago, BEPC has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of BEPC is 28.82, which is on the high side as it means it would take BEPC, 28.82 years of fcf income to pay off all of its debts.
BEPC has a Debt to FCF ratio of 28.82. This is in the better half of the industry: BEPC outperforms 76.19% of its industry peers.
BEPC has a Debt/Equity ratio of 2.53. This is a high value indicating a heavy dependency on external financing.
BEPC's Debt to Equity ratio of 2.53 is in line compared to the rest of the industry. BEPC outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 28.82 | ||
| Altman-Z | N/A |
ROIC/WACC0.43
WACC7.91%
2.3 Liquidity
BEPC has a Current Ratio of 0.40. This is a bad value and indicates that BEPC is not financially healthy enough and could expect problems in meeting its short term obligations.
BEPC's Current ratio of 0.40 is on the low side compared to the rest of the industry. BEPC is outperformed by 95.24% of its industry peers.
BEPC has a Quick Ratio of 0.40. This is a bad value and indicates that BEPC is not financially healthy enough and could expect problems in meeting its short term obligations.
BEPC's Quick ratio of 0.39 is on the low side compared to the rest of the industry. BEPC is outperformed by 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
BEPC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 46.67%, which is quite impressive.
The Revenue has been growing slightly by 5.00% in the past year.
Measured over the past years, BEPC shows a quite strong growth in Revenue. The Revenue has been growing by 12.89% on average per year.
EPS 1Y (TTM)46.67%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q106.25%
Revenue 1Y (TTM)5%
Revenue growth 3Y8.72%
Revenue growth 5Y12.89%
Revenue growth Q2Q11.51%
3.2 Future
Based on estimates for the next years, BEPC will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.82% on average per year.
Based on estimates for the next years, BEPC will show a quite strong growth in Revenue. The Revenue will grow by 11.39% on average per year.
EPS Next Y-54.59%
EPS Next 2Y-34.79%
EPS Next 3Y15.82%
EPS Next 5YN/A
Revenue Next Year30.63%
Revenue Next 2Y16.76%
Revenue Next 3Y11.39%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
BEPC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BEPC. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
BEPC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BEPC is cheaper than 95.24% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BEPC is valued cheaply inside the industry as 90.48% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.86 | ||
| EV/EBITDA | 6.95 |
4.3 Compensation for Growth
A more expensive valuation may be justified as BEPC's earnings are expected to grow with 15.82% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-34.79%
EPS Next 3Y15.82%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.10%, BEPC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.77, BEPC pays a better dividend. On top of this BEPC pays more dividend than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, BEPC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
5.2 History
BEPC has been paying a dividend for over 5 years, so it has already some track record.
BEPC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DPN/A
EPS Next 2Y-34.79%
EPS Next 3Y15.82%
BROOKFIELD RENEWABLE COR-A
NYSE:BEPC (5/3/2024, 7:04:00 PM)
After market: 27.6029 -0.77 (-2.7%)28.37
+1.34 (+4.96%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.10B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.1% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.37% | ||
| ROE | -3.13% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 40.36% | ||
| PM (TTM) | N/A | ||
| GM | 63.05% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)46.67%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-54.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)5%
Revenue growth 3Y8.72%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y