BEP Fair Value Estimate
$46.3634.9% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
Brookfield Renewable Partners LP
Exchange: NYSESector: UtilitiesIndustry: Utilities - Renewable
Brookfield Renewable Energy Partners L.P. (Brookfield Renewable) is a renewable power platform. Its primarily hydroelectric generating portfolio includes 172 hydropower facilities and six wind farms, and totals approximately 5,000 megawatts of installed capacity, including projects under construction. Its portfolio is diversified across 67 river systems and 10 power markets in Canada, the United States and Brazil, and generates on average enough electricity from renewable resources to power two million homes annually. In November 2012, the Company acquired 378 MW hydroelectric portfolio from from Alcoa Power Generating Inc. In May 2013, WWE Equity Holdings Inc., an indirect wholly owned subsidiary of Brookfield Renewable Energy Partners L.P., completed its compulsory acquisition of Western Wind. On May 21, 2013, the Company acquired 84.065% interest in Western Wind Energy Corp.
Current Price
$34.37
+0.79%GoodMoat Value
$46.36
34.9% undervaluedProfile
Valuation (TTM)
Market Cap$10.52B
P/E-114.31
EV—
P/B2.65
Shares Out305.99M
P/Sales1.66
Revenue$6.34B
EV/EBITDA10.68
Brookfield Renewable Partners LP (BEP) Valuation
BEP Valuation Metrics
FCF$-5.44B
FCF Growth Rate—
EPS Growth (CAGR)19.46%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →BEP Valuation & Fair Value Analysis
Brookfield Renewable Partners LP (BEP) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Brookfield Renewable Partners LP is $46.36. The current stock price is $34.37, suggesting the stock is 34.9% undervalued.
The price-to-earnings (P/E) ratio is -114.31. Price-to-book ratio is 2.65. Price-to-sales ratio is 1.66. Enterprise value to EBITDA is 10.68. PEG ratio is -8.00.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Brookfield Renewable Partners LP's intrinsic value.