Company Valuation: Brookfield Renewable Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,842 13,485 14,083 5,768 17,839 14,223 - -
Change - -19.93% 4.44% -59.05% 209.3% -20.27% - -
Enterprise Value (EV) 1 33,568 31,146 34,859 24,801 37,618 50,429 52,391 53,323
Change - -7.22% 11.92% -28.85% 51.68% 34.05% 3.89% 1.78%
P/E -53.4x -45.9x -105x 77.8x -10.9x -24.3x -24.8x -29.1x
PBR - - 1.86x - - 9.53x 14.1x 35.6x
PEG - 3.5x 1.9x -0x 0x 0.4x 12.96x 2x
Capitalization / Revenue 3.95x 2.68x 2.65x 0.97x 3.53x 1.85x 1.62x 1.57x
EV / Revenue 7.87x 6.19x 6.55x 4.16x 7.44x 6.57x 5.95x 5.88x
EV / EBITDA 14x 11.7x 11.9x 7.15x 10.3x 12.3x 12.1x 11.9x
EV / EBIT 43.1x 55.8x 31x 15x 19x 36.7x 43.2x 30x
EV / FCF -27.4x 52.3x 45.3x -42.8x -43.8x -5.23x -8.24x -3.36x
FCF Yield -3.65% 1.91% 2.21% -2.33% -2.28% -19.1% -12.1% -29.7%
Dividend per Share 3 1.28 - 1.35 1.42 1.49 1.574 1.637 1.697
Rate of return 3.48% - 4.69% 5.13% 3.89% 5.39% 5.6% 5.81%
EPS 3 -0.69 -0.6 -0.2755 0.3556 -3.524 -1.2 -1.177 -1.005
Distribution rate -186% - -490% 399% -42.3% -131% -139% -169%
Net sales 1 4,265 5,029 5,318 5,968 5,057 7,680 8,807 9,061
EBITDA 1 2,395 2,665 2,925 3,470 3,660 4,100 4,333 4,487
EBIT 1 779 557.8 1,126 1,651 1,978 1,373 1,212 1,775
Net income 1 -466.1 -394.8 -242.6 340.1 -3,179 -589.8 -384.3 -613
Net Debt 1 16,726 17,661 20,776 19,034 19,779 36,205 38,167 39,100
Reference price 3 36.83 27.54 28.79 27.66 38.34 29.22 29.22 29.22
Nbr of stocks (in thousands) 3,61,804 3,61,818 3,69,252 1,44,921 3,39,346 3,45,340 - -
Announcement Date 04/02/22 03/02/23 02/02/24 31/01/25 30/01/26 - - -
1USD in Million2CAD in Million3USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-24.34x6.57x12.3x5.39% 1.01TCr
19.96x3.67x8.33x0.15% 826.81Cr
47.42x7.33x13.39x0.5% 589.33Cr
21.59x3.67x11.16x4.83% 527.99Cr
-9.7x89.42x-81.54x-.--% 308.71Cr
23.45x5.55x17x2.38% 140.88Cr
15.46x8.72x15.86x - 86Cr
694.15x4.63x13.29x-.--% 69Cr
5.84x - - - 64Cr
Average 88.20x 16.19x 1.22x 1.89% 402.44Cr
Weighted average by Cap. 22.43x 12.75x 3.54x 2.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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