BEP's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 488.88 -- higher than 92.46% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Brookfield Renewable Partners LP's sales and general administrative expense to its total operating expenses; only 7.57% of US stocks have a lower such ratio.
For BEP, its debt to operating expenses ratio is greater than that reported by 95.88% of US equities we're observing.
Stocks with similar financial metrics, market capitalization, and price volatility to Brookfield Renewable Partners LP are AER, BKH, BFS, SOHO, and AL.
BEP's SEC filings can be seen here. And to visit Brookfield Renewable Partners LP's official web site, go to www.bep.brookfield.com.
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 38th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Brookfield Renewable Partners LP, consider:
Interest coverage, a measure of earnings relative to interest payments, is 0.88 -- which is good for besting just 20.11% of its peer stocks (US stocks in the Utilities sector with positive cash flow).
40% of the company's capital comes from equity, which is greater than only 13.75% 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
Want more companies with a valuation profile/forecast similar to that of Brookfield Renewable Partners LP? See AY, CWCO, AT, SPH, and UGI.
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...
Consider investing in Brookfield Renewable Partners to capitalize on its long-term potential in a growing industry, so you can align yourself with Warren Buffett’s approach. The post Warren Buffett Doesn’t Believe in Hedge Funds appeared first on The Motley Fool Canada .