BROOKFIELD RENEWABLE CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 40.69 CAD | +0.57% |
|
+27.24% | +6.69% |
| 06/05 | National Bank Lifts Brookfield Renewable to US$30, Maintains Outperform | MT |
| 06/05 | RBC Raises Brookfield Renewable Target to US$31, Maintains Outperform | MT |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 26,866 | 16,842 | 13,485 | 14,083 | 15,223 | - | - |
| Enterprise Value (EV) 2 | 26,866 | 33,568 | 31,146 | 14,083 | 55,708 | 56,934 | 60,921 |
| P/E ratio | - | -53.4 x | - | - | -450 x | 148 x | 83.3 x |
| Yield | - | 3.48% | - | - | 4.78% | 5.04% | 5.3% |
| Capitalization / Revenue | 6.78 x | 3.95 x | 2.68 x | 2.65 x | 1.95 x | 1.86 x | 1.81 x |
| EV / Revenue | 6.78 x | 7.87 x | 6.19 x | 2.65 x | 7.14 x | 6.97 x | 7.25 x |
| EV / EBITDA | - | 14 x | 11.7 x | 4.81 x | 15 x | 14.6 x | 14.8 x |
| EV / FCF | - | -27.4 x | 52.3 x | 18.3 x | 25.4 x | 33.7 x | 36.8 x |
| FCF Yield | - | -3.65% | 1.91% | 5.46% | 3.93% | 2.97% | 2.71% |
| Price to Book | - | - | - | - | 2.45 x | 2.83 x | 3.58 x |
| Nbr of stocks (in thousands) | 3,61,785 | 3,61,804 | 3,61,818 | 3,69,252 | 3,74,110 | - | - |
| Reference price 3 | 58.30 | 36.82 | 27.49 | 28.77 | 29.70 | 29.70 | 29.70 |
| Announcement Date | 04/02/21 | 04/02/22 | 03/02/23 | 02/02/24 | - | - | - |
1USD in Million2CAD in Million3USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 3,961 | 4,265 | 5,029 | 5,318 | 7,805 | 8,164 | 8,398 |
| EBITDA 1 | - | - | 2,395 | 2,665 | 2,925 | 3,723 | 3,897 | 4,113 |
| EBIT 1 | - | - | 779 | 557.8 | 1,126 | 1,802 | 1,901 | 2,663 |
| Operating Margin | - | - | 18.27% | 11.09% | 21.17% | 23.09% | 23.29% | 31.71% |
| Earnings before Tax (EBT) 1 | - | - | - | - | 510.7 | 482.2 | 578.9 | 689.6 |
| Net income 1 | 259.3 | - | -466.1 | - | -242.6 | 29.59 | 20.28 | -207.6 |
| Net margin | - | - | -10.93% | - | -4.56% | 0.38% | 0.25% | -2.47% |
| EPS 2 | - | - | -0.6900 | - | - | -0.0660 | 0.2009 | 0.3567 |
| Free Cash Flow 1 | - | - | -1,224 | 595.2 | 769.4 | 2,189 | 1,690 | 1,654 |
| FCF margin | - | - | -28.71% | 11.83% | 14.47% | 28.05% | 20.7% | 19.69% |
| FCF Conversion (EBITDA) | - | - | - | 22.33% | 26.3% | 58.8% | 43.38% | 40.21% |
| FCF Conversion (Net income) | - | - | - | - | - | 7,397.28% | 8,335.86% | - |
| Dividend per Share 2 | - | - | 1.280 | - | - | 1.420 | 1.496 | 1.575 |
| Announcement Date | 24/04/20 | 04/02/21 | 04/02/22 | 03/02/23 | 02/02/24 | - | - | - |
1CAD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,146 | 1,195 | 1,282 | 1,231 | 1,273 | 1,787 | 1,202 | 1,288 | 1,429 | 1,542 | 2,242 | 2,006 | 2,046 | 2,135 | 2,426 |
| EBITDA 1 | 550.2 | 757.8 | 853.6 | 743.2 | 613.7 | 750.5 | 801.9 | 721.3 | 710.5 | 788 | 951 | 827.9 | 860.7 | 812.8 | 964.7 |
| EBIT 1 | 248.3 | 377 | 485.9 | 347.5 | 70.55 | 174.5 | 365.6 | 280 | 189 | 315.2 | 228.5 | 182 | 217.6 | - | - |
| Operating Margin | 21.66% | 31.54% | 37.91% | 28.24% | 5.54% | 9.77% | 30.41% | 21.73% | 13.23% | 20.44% | 10.19% | 9.07% | 10.64% | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | - | -1,256 | 1,345 | 659.4 | - | - | - | - | - | - | 116.3 | -31.47 | -78 | -90.31 | 12.32 |
| Net margin | - | -105.06% | 104.91% | 53.57% | - | - | - | - | - | - | 5.19% | -1.57% | -3.81% | -4.23% | 0.51% |
| EPS 2 | -0.1200 | - | - | - | - | -0.0900 | 0.9231 | - | - | - | -0.0635 | -0.1559 | -0.1822 | -0.1000 | 0.0100 |
| Dividend per Share 2 | 0.3200 | 0.3200 | 0.3200 | - | - | 0.3400 | - | 0.3400 | - | - | 0.3600 | 0.3500 | 0.3500 | - | - |
| Announcement Date | 04/02/22 | 06/05/22 | 05/08/22 | 04/11/22 | 03/02/23 | 05/05/23 | 04/08/23 | 03/11/23 | 02/02/24 | 03/05/24 | - | - | - | - | - |
1CAD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 16,726 | 17,661 | - | 40,486 | 41,712 | 45,699 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 6.984 x | 6.627 x | - | 10.87 x | 10.7 x | 11.11 x |
| Free Cash Flow 1 | - | - | -1,224 | 595 | 769 | 2,189 | 1,690 | 1,654 |
| ROE (net income / shareholders' equity) | - | - | -13.9% | -6.23% | -3.1% | -0.69% | 0.19% | 0.2% |
| ROA (Net income/ Total Assets) | - | - | -0.83% | -0.7% | -0.39% | -0.24% | 0.01% | 1.1% |
| Assets 1 | - | - | 56,335 | - | 62,199 | -12,487 | 1,76,316 | -18,871 |
| Book Value Per Share 2 | - | - | - | - | - | 12.10 | 10.50 | 8.300 |
| Cash Flow per Share 2 | - | - | - | - | - | 11.20 | 11.30 | 8.080 |
| Capex 1 | - | - | 1,729 | 1,154 | 1,383 | 2,099 | 1,732 | 1,270 |
| Capex / Sales | - | - | 40.53% | 22.94% | 26% | 26.89% | 21.22% | 15.13% |
| Announcement Date | 24/04/20 | 04/02/21 | 04/02/22 | 03/02/23 | 02/02/24 | - | - | - |
1CAD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
29.7
USD
Average target price
22.04
USD
Spread / Average Target
-25.81%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.69% | 11.11B | |
| -26.35% | 7.28B | |
| -10.23% | 4.11B | |
| +8.49% | 4.13B | |
| -29.38% | 3.15B | |
| -0.42% | 2.49B | |
| -17.95% | 1.21B | |
| -22.73% | 1.13B | |
| +83.28% | 828M | |
| -5.00% | 623M |
- Stock Market
- Equities
- BEPC Stock
- Financials Brookfield Renewable Corporation