:quality(80)/s3.amazonaws.com/arc-authors/morningstar/a3416e63-64d9-4054-99c0-22cd1547b5a2.jpg)
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 Corp Ordinary Shares - Class A (Sub Voting) BEPC
Bulls Say, Bears Say
Bulls
Brookfield Renewable is well positioned for the global renewables buildout given its diversification.
Bears
The company is exposed to emerging-market foreign-exchange risk, which generally constitutes 25%-30% of its cash flow.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if BEPC is a good fit for your portfolio.
News
-
Brookfield Renewable Announces Reset Dividend Rate on Series 3 Preference Shares
-
Brookfield Renewable to Host Second Quarter 2024 Results Conference Call
-
Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders
-
Brookfield Renewable Reports Record First Quarter Results
-
Microsoft Signs Renewable Energy Supply Deal With Brookfield to Meet Sustainability Goals, Cloud Demand
-
Brookfield and Microsoft Collaborating to Deliver Over 10.5 GW of New Renewable Power Capacity Globally
-
Scout Clean Energy Announces 12-Year Virtual Power Purchase Agreement with Zoetis Inc.
-
Duke Energy Selling Utility-Scale Commercial Renewables Business for $2.8 Billion to Brookfield
Trading Information
- Previous Close Price
- $27.74
- Day Range
- $27.76–28.49
- 52-Week Range
- $21.35–32.83
- Bid/Ask
- $28.29 / $28.91
- Market Cap
- $5.09 Bil
- Volume/Avg
- 2 / 1.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 76.21
- Price/Sales
- 1.22
- Dividend Yield (Trailing)
- 4.99%
- Dividend Yield (Forward)
- 5.12%
- Total Yield
- 4.89%
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
- Small Value
- Total Number of Employees
- —
- Website
- https://www.brookfield.com
Competitors
Valuation
|
Metric
|
BEPC
|
ENEL
|
RWE
|
|---|---|---|---|
Price/Earnings (Normalized) | 76.21 | 9.49 | 45.14 |
Price/Book Value | 0.83 | 2.44 | 0.74 |
Price/Sales | 1.22 | 0.76 | 0.95 |
Price/Cash Flow | 4.51 | 4.39 | 11.60 |
Price/Earnings
BEPC
ENEL
RWE
Financial Strength
|
Metric
|
BEPC
|
ENEL
|
RWE
|
|---|---|---|---|
Quick Ratio | 0.31 | 0.60 | 0.56 |
Current Ratio | 0.39 | 0.88 | 1.56 |
Interest Coverage | 2.27 | 3.50 | 3.75 |
Quick Ratio
BEPC
ENEL
RWE
Profitability
|
Metric
|
BEPC
|
ENEL
|
RWE
|
|---|---|---|---|
Return on Assets (Normalized) | 3.50% | 3.49% | 1.36% |
Return on Equity (Normalized) | 27.28% | 26.69% | 4.64% |
Return on Invested Capital (Normalized) | 8.90% | 7.14% | 2.60% |
Return on Assets
BEPC
ENEL
RWE
Utilities - Renewable Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Constellation Energy Corp
CEG
| — | Wkfz | $65.0 Bil | |||
| GE Vernova Inc
GEV
| Mxfmxyfjw | Dpyb | $46.5 Bil | |||
| Verbund AG ADR
OEZVY
| — | Pxhr | $28.2 Bil | |||
| Verbund AG Class A
OEZVF
| — | Fjf | $28.2 Bil | |||
| Orsted A/S ADR
DNNGY
| — | Gdx | $22.5 Bil | |||
| Orsted A/S
DOGEF
| — | Hdwf | $22.5 Bil | |||
| CEZ a.s
CZAVF
| — | Pqgxjk | $20.4 Bil | |||
| China Longyuan Power Group Corp Ltd ADR
CLPXY
| — | Xxzgq | $15.9 Bil | |||
| Brookfield Renewable Partners LP
BEP
| Xpcjkhgtq | Pksc | $7.1 Bil |