With a one year PEG ratio of 474.74, Brookfield Renewable Partners LP is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.27% of US stocks.
Of note is the ratio of Brookfield Renewable Partners LP's sales and general administrative expense to its total operating expenses; only 7.64% of US stocks have a lower such ratio.
The ratio of debt to operating expenses for Brookfield Renewable Partners LP is higher than it is for about 95.84% of US stocks.
If you're looking for stocks that are quantitatively similar to Brookfield Renewable Partners LP, a group of peers worth examining would be AER, BKH, BFS, SOHO, and AL.
Brookfield Renewable Partners L.P. (BEP) Company Bio
Brookfield Renewable Energy Partners LP owns a portfolio of renewable power generating facilities in the United States, Canada, Brazil, and Europe. The company was founded in 1999 and is based in Hamilton, Bermuda.
BEP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Brookfield Renewable Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Brookfield Renewable Partners LP ranked in the 39th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 39.5%. As for the metrics that stood out in our discounted cash flow analysis of Brookfield Renewable Partners LP, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 0.88 -- which is good for besting merely 20.11% of its peer stocks (US stocks in the Utilities sector with positive cash flow).
39% of the company's capital comes from equity, which is greater than merely 13.66% of stocks in our cash flow based forecasting set.
Brookfield Renewable Partners LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Utilities that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BEP, try AY, CWCO, AT, SPH, and UGI.
Invest in Brookfield Renewable Partners to earn substantial tax-free returns because there is a chance that the CRA can take back your $14,000 CERB. The post Alert: 4 Ways the CRA Can Take Back Your $14,000 CERB! appeared first on The Motley Fool Canada .
In this episode of Industry Focus: Energy, host Nick Sciple is joined by Motley Fool contributor Matt DiLallo to review their 2020 dividend stock picks, and share some dividend stocks to consider in 2021. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
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Energy prices are very volatile, which can cause significant fluctuations in energy stock prices. There's a lot an investor needs to learn before they can become skilled in the energy sector. Three great ones for beginners are Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), Enbridge (NYSE: ENB), and NextEra Energy (NYSE: NEE).
BROOKFIELD, NEWS, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN) today announced that after having taken into account all election notices received by the January 18, 2021 deadline for the reclassification of its Class A Preferred Limited Partnership Units, Series 7 (the “Series 7 Units”) (TSX: BEP.PR.G) into Class A Preferred Limited Partnership Units, Series 8 (the “Series 8 Units”), it has determined that there will be no reclassification of Series 7 Units into Series 8 Units, and holders of Series 7 Units will retain their Series 7 Units. There were 6,600 Series 7 Units tendered for reclassification, which is less than the 1,000,000 units required to give effect to reclassifications of Series 7 Units into Series 8 Units. Brookfield Rene...