BROOKFIELD RENEWABLE PARTNER (BEP-UN.CA) Stock Fundamental Analysis
TSX:BEP-UN - Toronto Stock Exchange - BMG162581083 - Currency: CAD
BEP-UN gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 39 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and financial health of BEP-UN have multiple concerns. BEP-UN has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
BEP-UN had negative earnings in the past year.
BEP-UN had a positive operating cash flow in the past year.
BEP-UN had negative earnings in each of the past 5 years.
BEP-UN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
BEP-UN's Return On Assets of -0.31% is in line compared to the rest of the industry. BEP-UN outperforms 53.85% of its industry peers.
Looking at the Return On Equity, with a value of -6.04%, BEP-UN is in line with its industry, outperforming 42.31% of the companies in the same industry.
BEP-UN's Return On Invested Capital of 1.83% is on the low side compared to the rest of the industry. BEP-UN is outperformed by 80.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BEP-UN is below the industry average of 4.67%.
The last Return On Invested Capital (1.83%) for BEP-UN is above the 3 year average (1.42%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -6.04% | ||
| ROIC | 1.83% |
ROA(3y)-0.24%
ROA(5y)-0.23%
ROE(3y)-3.06%
ROE(5y)-2.72%
ROIC(3y)1.42%
ROIC(5y)1.35%
1.3 Margins
The Operating Margin of BEP-UN (29.89%) is better than 65.38% of its industry peers.
BEP-UN's Operating Margin has declined in the last couple of years.
The Gross Margin of BEP-UN (55.98%) is worse than 61.54% of its industry peers.
In the last couple of years the Gross Margin of BEP-UN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.89% | ||
| PM (TTM) | N/A | ||
| GM | 55.98% |
OM growth 3Y27.91%
OM growth 5Y-2.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.83%
GM growth 5Y-0.48%
2. Health
2.1 Basic Checks
BEP-UN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
BEP-UN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
A Debt/Equity ratio of 6.59 is on the high side and indicates that BEP-UN has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 6.59, BEP-UN is doing worse than 80.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.38
WACC4.79%
2.3 Liquidity
A Current Ratio of 0.73 indicates that BEP-UN may have some problems paying its short term obligations.
BEP-UN's Current ratio of 0.73 is on the low side compared to the rest of the industry. BEP-UN is outperformed by 61.54% of its industry peers.
BEP-UN has a Quick Ratio of 0.73. This is a bad value and indicates that BEP-UN is not financially healthy enough and could expect problems in meeting its short term obligations.
BEP-UN's Quick ratio of 0.71 is in line compared to the rest of the industry. BEP-UN outperforms 42.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
BEP-UN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -178.13%.
EPS 1Y (TTM)-178.13%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-700%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%18.94%
3.2 Future
BEP-UN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.47% yearly.
Based on estimates for the next years, BEP-UN will show a quite strong growth in Revenue. The Revenue will grow by 11.49% on average per year.
EPS Next Y181.93%
EPS Next 2Y46.64%
EPS Next 3Y26.35%
EPS Next 5Y22.47%
Revenue Next Year9.28%
Revenue Next 2Y7.54%
Revenue Next 3Y11.55%
Revenue Next 5Y11.49%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
BEP-UN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
BEP-UN is valuated quite expensively with a Price/Forward Earnings ratio of 32.17.
BEP-UN's Price/Forward Earnings is on the same level as the industry average.
BEP-UN's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 32.17 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BEP-UN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.43 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BEP-UN's earnings are expected to grow with 26.35% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.64%
EPS Next 3Y26.35%
5. Dividend
5.1 Amount
BEP-UN has a Yearly Dividend Yield of 4.20%, which is a nice return.
Compared to an average industry Dividend Yield of 4.45, BEP-UN is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.27, BEP-UN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
The dividend of BEP-UN has a limited annual growth rate of 0.57%.
BEP-UN has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of BEP-UN decreased recently.
Dividend Growth(5Y)0.57%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
BEP-UN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
BEP-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-255.98%
EPS Next 2Y46.64%
EPS Next 3Y26.35%
TSX:BEP-UN (2/21/2025, 7:00:00 PM)
33.34
-0.06 (-0.18%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners39.86%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap9.51B
Analysts77.78
Price Target28.49 (-14.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend1.56
Dividend Growth(5Y)0.57%
DP-255.98%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2103.23%
Min EPS beat(2)-4056.34%
Max EPS beat(2)-150.12%
EPS beat(4)0
Avg EPS beat(4)-1110.23%
Min EPS beat(4)-4056.34%
Max EPS beat(4)-81.43%
EPS beat(8)0
Avg EPS beat(8)-910.26%
EPS beat(12)0
Avg EPS beat(12)-801.34%
EPS beat(16)0
Avg EPS beat(16)-952.5%
Revenue beat(2)1
Avg Revenue beat(2)2.05%
Min Revenue beat(2)-2.5%
Max Revenue beat(2)6.6%
Revenue beat(4)3
Avg Revenue beat(4)6.41%
Min Revenue beat(4)-2.5%
Max Revenue beat(4)20.04%
Revenue beat(8)7
Avg Revenue beat(8)11.71%
Revenue beat(12)10
Avg Revenue beat(12)12.32%
Revenue beat(16)12
Avg Revenue beat(16)9.46%
PT rev (1m)-28.34%
PT rev (3m)-28.38%
EPS NQ rev (1m)-65%
EPS NQ rev (3m)-125.01%
EPS NY rev (1m)81.98%
EPS NY rev (3m)64.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 32.17 | ||
| P/S | 1.18 | ||
| P/FCF | N/A | ||
| P/OCF | 4.62 | ||
| P/B | 1.73 | ||
| P/tB | 3.53 | ||
| EV/EBITDA | 9.43 |
EPS(TTM)-1.26
EYN/A
EPS(NY)1.04
Fwd EY3.11%
FCF(TTM)-11.36
FCFYN/A
OCF(TTM)7.22
OCFY21.64%
SpS28.15
BVpS19.31
TBVpS9.43
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -6.04% | ||
| ROCE | 2.55% | ||
| ROIC | 1.83% | ||
| ROICexc | 1.86% | ||
| ROICexgc | 1.92% | ||
| OM | 29.89% | ||
| PM (TTM) | N/A | ||
| GM | 55.98% | ||
| FCFM | N/A |
ROA(3y)-0.24%
ROA(5y)-0.23%
ROE(3y)-3.06%
ROE(5y)-2.72%
ROIC(3y)1.42%
ROIC(5y)1.35%
ROICexc(3y)1.44%
ROICexc(5y)1.36%
ROICexgc(3y)1.48%
ROICexgc(5y)1.4%
ROCE(3y)1.97%
ROCE(5y)1.87%
ROICexcg growth 3Y23.85%
ROICexcg growth 5Y-6.54%
ROICexc growth 3Y23.71%
ROICexc growth 5Y-6.61%
OM growth 3Y27.91%
OM growth 5Y-2.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.83%
GM growth 5Y-0.48%
F-Score5
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.59 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.83 | ||
| Cap/Depr | 181.81% | ||
| Cap/Sales | 65.99% | ||
| Interest Coverage | 0.96 | ||
| Cash Conversion | 38.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | N/A |
F-Score5
WACC4.79%
ROIC/WACC0.38
Cap/Depr(3y)140.35%
Cap/Depr(5y)95.64%
Cap/Sales(3y)51.13%
Cap/Sales(5y)34.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-178.13%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-700%
EPS Next Y181.93%
EPS Next 2Y46.64%
EPS Next 3Y26.35%
EPS Next 5Y22.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%18.94%
Revenue Next Year9.28%
Revenue Next 2Y7.54%
Revenue Next 3Y11.55%
Revenue Next 5Y11.49%
EBIT growth 1Y14.47%
EBIT growth 3Y39.95%
EBIT growth 5Y8.17%
EBIT Next Year58.5%
EBIT Next 3Y23.79%
EBIT Next 5Y15.63%
FCF growth 1Y-87.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.72%
OCF growth 3Y13.25%
OCF growth 5Y11.24%