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Brookfield Renewable: Neoen Acquisition Further Supports Growth Path
On May 30, Brookfield, through its private equity funds and alongside co-investors, announced its plan to acquire 100% of French renewable developer, Neoen.
Brookfield Renewable Partners LP BEP.UN
Bulls Say, Bears Say
Bulls
Brookfield Renewable is well-positioned for the global renewables buildout given its diversification.
Bears
Brookfield is exposed to emerging-market foreign exchange risk, which generally comprises 25%-30% of the company’s cash flow.
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News
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-
Scout Clean Energy Announces 12-Year Virtual Power Purchase Agreement with Zoetis Inc.
-
Brookfield evaluating potential next steps after Origin Energy shareholders reject buyout plan
-
Duke Energy Selling Utility-Scale Commercial Renewables Business for $2.8 Billion to Brookfield
Trading Information
- Previous Close Price
- CAD 36.65
- Day Range
- CAD 36.27–37.74
- 52-Week Range
- CAD 27.43–42.63
- Bid/Ask
- CAD 37.08 / CAD 37.38
- Market Cap
- CAD 10.64 Bil
- Volume/Avg
- 169,953 / 332,009
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 1.49
- Dividend Yield (Trailing)
- 5.10%
- Dividend Yield (Forward)
- 5.30%
- Total Yield
- 5.10%
Company Profile
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company’s portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Mid Value
- Total Number of Employees
- 4,770
- Website
- https://www.bep.brookfield.com
Competitors
Valuation
|
Metric
|
BEP.UN
|
ENEL
|
RWE
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 9.68 | 47.99 |
Price/Book Value | 2.09 | 2.49 | 0.79 |
Price/Sales | 1.49 | 0.78 | 1.01 |
Price/Cash Flow | 5.95 | 4.47 | 12.33 |
Price/Earnings
BEP.UN
ENEL
RWE
Financial Strength
|
Metric
|
BEP.UN
|
ENEL
|
RWE
|
|---|---|---|---|
Quick Ratio | 0.38 | 0.60 | 0.56 |
Current Ratio | 0.56 | 0.88 | 1.56 |
Interest Coverage | 1.12 | 3.50 | 3.75 |
Quick Ratio
BEP.UN
ENEL
RWE
Profitability
|
Metric
|
BEP.UN
|
ENEL
|
RWE
|
|---|---|---|---|
Return on Assets (Normalized) | −0.06% | 3.49% | 1.36% |
Return on Equity (Normalized) | −1.06% | 26.69% | 4.64% |
Return on Invested Capital (Normalized) | 2.82% | 7.14% | 2.60% |
Return on Assets
BEP.UN
ENEL
RWE
Utilities - Renewable Industry Comparables
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| Brookfield Renewable Partners LP
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| Qpclctbgg | Hykt | $7.7 Bil | |||
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)
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| Xbjkdrrtf | Gdky | $5.5 Bil |