BROOKFIELD RENEWABLE CORP (BEPC.CA) Stock Fundamental Analysis
TSX:BEPC - Toronto Stock Exchange - CA11284V1058 - Common Stock - Currency: CAD
Taking everything into account, BEPC scores 4 out of 10 in our fundamental rating. BEPC was compared to 39 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of BEPC while its profitability can be described as average. BEPC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BEPC has reported negative net income.
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.
In the past 5 years BEPC always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 0.53%, BEPC is doing good in the industry, outperforming 69.23% of the companies in the same industry.
BEPC's Return On Equity of 17.60% is amongst the best of the industry. BEPC outperforms 96.15% of its industry peers.
BEPC has a worse Return On Invested Capital (2.54%) than 65.38% of its industry peers.
BEPC had an Average Return On Invested Capital over the past 3 years of 2.73%. This is in line with the industry average of 4.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 17.6% | ||
| ROIC | 2.54% |
ROA(3y)1.21%
ROA(5y)-0.21%
ROE(3y)13.35%
ROE(5y)-33.35%
ROIC(3y)2.73%
ROIC(5y)2.42%
1.3 Margins
The Profit Margin of BEPC (5.70%) is better than 69.23% of its industry peers.
BEPC's Profit Margin has improved in the last couple of years.
BEPC's Operating Margin of 32.83% is amongst the best of the industry. BEPC outperforms 80.77% of its industry peers.
In the last couple of years the Operating Margin of BEPC has remained more or less at the same level.
BEPC has a Gross Margin (57.34%) which is in line with its industry peers.
BEPC's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.83% | ||
| PM (TTM) | 5.7% | ||
| GM | 57.34% |
OM growth 3Y11.62%
OM growth 5Y1.44%
PM growth 3Y-41.25%
PM growth 5Y2.18%
GM growth 3Y-4%
GM growth 5Y-3.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BEPC is destroying value.
The number of shares outstanding for BEPC remains at a similar level compared to 1 year ago.
BEPC has more shares outstanding than it did 5 years ago.
BEPC has a better debt/assets ratio than last year.
2.2 Solvency
BEPC has a Debt/Equity ratio of 10.27. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 10.27, BEPC is doing worse than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.27 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.49
WACC5.18%
2.3 Liquidity
BEPC has a Current Ratio of 1.20. This is a normal value and indicates that BEPC is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BEPC (1.20) is better than 88.46% of its industry peers.
BEPC has a Quick Ratio of 1.20. This is a normal value and indicates that BEPC is financially healthy and should not expect problems in meeting its short term obligations.
BEPC's Quick ratio of 1.20 is amongst the best of the industry. BEPC outperforms 88.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for BEPC have decreased strongly by -178.13% in the last year.
The Earnings Per Share has been decreasing by -8.05% on average over the past years.
The Revenue has been growing slightly by 4.41% in the past year.
BEPC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.13% yearly.
EPS 1Y (TTM)-178.13%
EPS 3Y-37.71%
EPS 5Y-8.05%
EPS Q2Q%-700%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y7.15%
Revenue growth 5Y5.13%
Sales Q2Q%8.24%
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.
BEPC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.66% yearly.
EPS Next Y25.51%
EPS Next 2Y9.18%
EPS Next 3Y51.35%
EPS Next 5Y61.02%
Revenue Next Year10.45%
Revenue Next 2Y9.74%
Revenue Next 3Y10.25%
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.
Also next year BEPC 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
Based on the Enterprise Value to EBITDA ratio, BEPC is valued cheaply inside the industry as 84.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.02 |
4.3 Compensation for Growth
BEPC's earnings are expected to grow with 51.35% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.18%
EPS Next 3Y51.35%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.08%, BEPC is a good candidate for dividend investing.
BEPC's Dividend Yield is a higher than the industry average which is at 4.45.
Compared to an average S&P500 Dividend Yield of 2.27, BEPC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
5.2 History
BEPC has been paying a dividend for over 5 years, so it has already some track record.
BEPC has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y9.18%
EPS Next 3Y51.35%
TSX:BEPC (2/21/2025, 7:00:00 PM)
41.27
-0.33 (-0.79%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners61.6%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap7.41B
Analysts82
Price Target51.78 (25.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.08% |
Yearly Dividend1.39
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)28.08%
Min EPS beat(2)-12.04%
Max EPS beat(2)68.2%
EPS beat(4)2
Avg EPS beat(4)19.18%
Min EPS beat(4)-12.04%
Max EPS beat(4)68.2%
EPS beat(8)3
Avg EPS beat(8)3.74%
EPS beat(12)4
Avg EPS beat(12)-5.41%
EPS beat(16)5
Avg EPS beat(16)-56.16%
Revenue beat(2)1
Avg Revenue beat(2)1.38%
Min Revenue beat(2)-2.85%
Max Revenue beat(2)5.6%
Revenue beat(4)2
Avg Revenue beat(4)-0.04%
Min Revenue beat(4)-3.45%
Max Revenue beat(4)5.6%
Revenue beat(8)3
Avg Revenue beat(8)-3.58%
Revenue beat(12)3
Avg Revenue beat(12)-8.41%
Revenue beat(16)3
Avg Revenue beat(16)-10.8%
PT rev (1m)1.03%
PT rev (3m)9.25%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)19.25%
EPS NY rev (3m)-391.05%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.73%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.26 | ||
| P/FCF | N/A | ||
| P/OCF | 9.54 | ||
| P/B | 3.89 | ||
| P/tB | 3.89 | ||
| EV/EBITDA | 7.02 |
EPS(TTM)-1.26
EYN/A
EPS(NY)-0.94
Fwd EYN/A
FCF(TTM)-3.18
FCFYN/A
OCF(TTM)4.33
OCFY10.49%
SpS32.77
BVpS10.61
TBVpS10.61
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.53% | ||
| ROE | 17.6% | ||
| ROCE | 3.32% | ||
| ROIC | 2.54% | ||
| ROICexc | 2.58% | ||
| ROICexgc | 2.58% | ||
| OM | 32.83% | ||
| PM (TTM) | 5.7% | ||
| GM | 57.34% | ||
| FCFM | N/A |
ROA(3y)1.21%
ROA(5y)-0.21%
ROE(3y)13.35%
ROE(5y)-33.35%
ROIC(3y)2.73%
ROIC(5y)2.42%
ROICexc(3y)2.79%
ROICexc(5y)2.48%
ROICexgc(3y)2.84%
ROICexgc(5y)2.54%
ROCE(3y)3.57%
ROCE(5y)3.17%
ROICexcg growth 3Y9.65%
ROICexcg growth 5Y2.34%
ROICexc growth 3Y10.89%
ROICexc growth 5Y3.07%
OM growth 3Y11.62%
OM growth 5Y1.44%
PM growth 3Y-41.25%
PM growth 5Y2.18%
GM growth 3Y-4%
GM growth 5Y-3.17%
F-Score6
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 10.27 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.25 | ||
| Cap/Depr | 75.2% | ||
| Cap/Sales | 22.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 20.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | N/A |
F-Score6
WACC5.18%
ROIC/WACC0.49
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)-178.13%
EPS 3Y-37.71%
EPS 5Y-8.05%
EPS Q2Q%-700%
EPS Next Y25.51%
EPS Next 2Y9.18%
EPS Next 3Y51.35%
EPS Next 5Y61.02%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y7.15%
Revenue growth 5Y5.13%
Sales Q2Q%8.24%
Revenue Next Year10.45%
Revenue Next 2Y9.74%
Revenue Next 3Y10.25%
Revenue Next 5Y5.66%
EBIT growth 1Y-15.05%
EBIT growth 3Y19.6%
EBIT growth 5Y6.64%
EBIT Next Year158.67%
EBIT Next 3Y60.01%
EBIT Next 5Y22.92%
FCF growth 1Y-169.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-65.88%
OCF growth 3Y11.46%
OCF growth 5Y-16.6%