BROOKFIELD RENEWABLE CORP (BEPC) Stock Fundamental Analysis
NYSE:BEPC - New York Stock Exchange, Inc. - CA11285B1085 - Common Stock - Currency: USD
BEPC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 20 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.
In the past year BEPC had a positive cash flow from operations.
In multiple years BEPC reported negative net income over the last 5 years.
Each year in the past 5 years BEPC had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BEPC (-0.56%) is comparable to the rest of the industry.
The Return On Equity of BEPC (-17.41%) is worse than 65.00% of its industry peers.
BEPC has a better Return On Invested Capital (2.84%) than 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BEPC is in line with the industry average of 3.78%.
The last Return On Invested Capital (2.84%) for BEPC is above the 3 year average (2.61%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -17.41% | ||
| ROIC | 2.84% |
ROA(3y)1.21%
ROA(5y)-0.21%
ROE(3y)13.35%
ROE(5y)-33.35%
ROIC(3y)2.61%
ROIC(5y)2.35%
1.3 Margins
In the last couple of years the Profit Margin of BEPC has grown nicely.
The Operating Margin of BEPC (31.86%) is better than 80.00% of its industry peers.
In the last couple of years the Operating Margin of BEPC has declined.
With a decent Gross Margin value of 57.93%, BEPC is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of BEPC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.86% | ||
| PM (TTM) | N/A | ||
| GM | 57.93% |
OM growth 3Y-1.35%
OM growth 5Y-5.8%
PM growth 3Y-41.25%
PM growth 5Y2.18%
GM growth 3Y-4%
GM growth 5Y-3.17%
2. Health
2.1 Basic Checks
BEPC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BEPC remains at a similar level compared to 1 year ago.
The number of shares outstanding for BEPC has been increased compared to 5 years ago.
BEPC has a better debt/assets ratio than last year.
2.2 Solvency
BEPC has a Debt/Equity ratio of 8.90. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 8.90, BEPC 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 | 8.9 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.3
WACC9.42%
2.3 Liquidity
BEPC has a Current Ratio of 0.25. 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 has a worse Current ratio (0.25) than 90.00% of its industry peers.
A Quick Ratio of 0.25 indicates that BEPC may have some problems paying its short term obligations.
The Quick ratio of BEPC (0.25) is worse than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. Growth
3.1 Past
BEPC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -119.57%.
BEPC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.06% yearly.
The Revenue has decreased by -2.53% in the past year.
The Revenue has been growing slightly by 5.13% on average over the past years.
EPS 1Y (TTM)-119.57%
EPS 3Y-37.71%
EPS 5Y-8.06%
EPS Q2Q%-52.17%
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y7.15%
Revenue growth 5Y5.13%
Sales Q2Q%5.9%
3.2 Future
BEPC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 61.02% yearly.
The Revenue is expected to grow by 5.66% on average over the next years.
EPS Next Y6.02%
EPS Next 2Y12.79%
EPS Next 3Y21.76%
EPS Next 5Y61.02%
Revenue Next Year4.49%
Revenue Next 2Y6.34%
Revenue Next 3Y6.32%
Revenue Next 5Y5.66%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for BEPC. In the last year negative earnings were reported.
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
Based on the Enterprise Value to EBITDA ratio, BEPC is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.23 |
4.3 Compensation for Growth
A more expensive valuation may be justified as BEPC's earnings are expected to grow with 21.76% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y12.79%
EPS Next 3Y21.76%
5. Dividend
5.1 Amount
BEPC has a Yearly Dividend Yield of 4.65%, which is a nice return.
BEPC's Dividend Yield is a higher than the industry average which is at 6.54.
BEPC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
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 Years4
Div Non Decr Years4
5.3 Sustainability
DPN/A
EPS Next 2Y12.79%
EPS Next 3Y21.76%
32.29
+0.22 (+0.69%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners66.02%
Inst Owner Change7%
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap4.68B
Analysts80
Price Target33.24 (2.94%)
Short Float %3.14%
Short Ratio3.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
Yearly Dividend1.39
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.07%
Min EPS beat(2)-40.06%
Max EPS beat(2)68.2%
EPS beat(4)1
Avg EPS beat(4)3.61%
Min EPS beat(4)-40.06%
Max EPS beat(4)68.2%
EPS beat(8)3
Avg EPS beat(8)8.3%
EPS beat(12)4
Avg EPS beat(12)-6.19%
EPS beat(16)4
Avg EPS beat(16)-58.79%
Revenue beat(2)0
Avg Revenue beat(2)-1.93%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)-1%
Revenue beat(4)1
Avg Revenue beat(4)-0.43%
Min Revenue beat(4)-3.45%
Max Revenue beat(4)5.6%
Revenue beat(8)3
Avg Revenue beat(8)-2.17%
Revenue beat(12)4
Avg Revenue beat(12)-5.33%
Revenue beat(16)4
Avg Revenue beat(16)-8.54%
PT rev (1m)-0.88%
PT rev (3m)-2.27%
EPS NQ rev (1m)-37.5%
EPS NQ rev (3m)31.25%
EPS NY rev (1m)-310%
EPS NY rev (3m)-26.15%
Revenue NQ rev (1m)-6.63%
Revenue NQ rev (3m)-6.63%
Revenue NY rev (1m)9.75%
Revenue NY rev (3m)-16.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | 11.61 | ||
| P/B | 3.26 | ||
| P/tB | 6.6 | ||
| EV/EBITDA | 7.23 |
EPS(TTM)-1.01
EYN/A
EPS(NY)-0.65
Fwd EYN/A
FCF(TTM)-3.57
FCFYN/A
OCF(TTM)2.78
OCFY8.61%
SpS27.08
BVpS9.91
TBVpS4.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -17.41% | ||
| ROCE | 3.71% | ||
| ROIC | 2.84% | ||
| ROICexc | 2.9% | ||
| ROICexgc | 2.97% | ||
| OM | 31.86% | ||
| PM (TTM) | N/A | ||
| GM | 57.93% | ||
| FCFM | N/A |
ROA(3y)1.21%
ROA(5y)-0.21%
ROE(3y)13.35%
ROE(5y)-33.35%
ROIC(3y)2.61%
ROIC(5y)2.35%
ROICexc(3y)2.68%
ROICexc(5y)2.41%
ROICexgc(3y)2.75%
ROICexgc(5y)2.48%
ROCE(3y)3.41%
ROCE(5y)3.07%
ROICexcg growth 3Y5.42%
ROICexcg growth 5Y-0.05%
ROICexc growth 3Y5.83%
ROICexc growth 5Y0.22%
OM growth 3Y-1.35%
OM growth 5Y-5.8%
PM growth 3Y-41.25%
PM growth 5Y2.18%
GM growth 3Y-4%
GM growth 5Y-3.17%
F-Score3
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.9 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.17 | ||
| Cap/Depr | 75.16% | ||
| Cap/Sales | 23.45% | ||
| Interest Coverage | 0.78 | ||
| Cash Conversion | 16.29% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | N/A |
F-Score3
WACC9.42%
ROIC/WACC0.3
Cap/Depr(3y)74.55%
Cap/Depr(5y)76.02%
Cap/Sales(3y)23.75%
Cap/Sales(5y)24.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-119.57%
EPS 3Y-37.71%
EPS 5Y-8.06%
EPS Q2Q%-52.17%
EPS Next Y6.02%
EPS Next 2Y12.79%
EPS Next 3Y21.76%
EPS Next 5Y61.02%
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y7.15%
Revenue growth 5Y5.13%
Sales Q2Q%5.9%
Revenue Next Year4.49%
Revenue Next 2Y6.34%
Revenue Next 3Y6.32%
Revenue Next 5Y5.66%
EBIT growth 1Y-18.14%
EBIT growth 3Y5.71%
EBIT growth 5Y-0.97%
EBIT Next Year134.06%
EBIT Next 3Y54.76%
EBIT Next 5Y27.13%
FCF growth 1Y-166.71%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-75.06%
OCF growth 3Y11.46%
OCF growth 5Y-16.6%