Brookfield Renewable Corp
🇺🇸 BEPC · NYSE/NASDAQ · CA11284V1058
Utilities
USD 36.32 price at analysis
Scores
Key Metrics
Powered by EODHDP/E (TTM)
N/A
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
TTM period through: 2026-03-31
Why N/A?
EPS (TTM) = -29.51 (negative or zero)
Cannot calculate P/E with negative earnings.
Forward P/E (estimated): 14.6
Based on analyst estimates
Reference: Provider P/E (Forward): 14.6
Yield (Fwd)
4.32%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Trailing Yield (TTM): 4.29%
Div. Growth (5Y CAGR)
-57.7%
Net Debt/EBITDA (TTM)
35.5x
Latest quarter: 34.5x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
TTM through: 2026-03-31
Latest quarter (2026-03-31): 34.5x
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
Payout (TTM)
108.1%
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Cash Flow Payout (TTM): 1.0%
FCF Coverage (TTM): -126.60x
ROE
-47.8%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
38.2x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Summary
Brookfield Renewable Corp is a premier global renewable utility offering essential energy infrastructure backed by highly predictable cash flows. The recent headline GAAP net losses are temporary accounting anomalies related to non-cash share remeasurements, while underlying cash flows (FFO) continue to grow robustly. Trading at $36.32 vs our P/FFO-based fair value range of $301-452 (significantly undervalued), this represents an attractive entry point for dividend investors seeking stable infrastructure exposure. Consider accumulating at current levels for the secure 4.3% yield and substantial margin of safety.
Sector Context
Brookfield Renewable Corp operates one of the world's largest publicly traded, pure-play renewable power platforms, generating revenue through long-term power purchase agreements (PPAs). In the capital-heavy infrastructure and utility sector, standard metrics like GAAP P/E and Net Income are frequently distorted by massive non-cash depreciation and complex corporate structuring; therefore, Funds From Operations (FFO) is the primary and most accurate measure of true earnings power and dividend coverage.
Temporary Opportunity Identified
Reported GAAP net losses are driven by non-cash accounting adjustments (such as depreciation and exchangeable share remeasurements) under IFRS, which mask the company's strong, growing underlying cash flows (FFO).
📊 Strategy Analysis
- • Trading at $36.32, significantly below the P/FFO-based fair value range of $301-452, presenting an exceptionally wide margin of safety.
- • Attractive 4.3% forward dividend yield is secure, supported by strong underlying cash flows despite distorted GAAP payout metrics.
- • Premium renewable infrastructure portfolio backed by long-term power purchase agreements (PPAs) ensures highly predictable, inflation-linked revenues.
- • Recent GAAP net losses are entirely driven by non-cash accounting items, while core Funds From Operations (FFO) demonstrate consistent growth.
⚠ What to Watch
- • Optically extreme Net Debt/EBITDA of 35.5x requires careful monitoring, although this is standard for Brookfield's non-recourse, project-level financing structure.
- • Persistent non-cash accounting adjustments create 'headline risk' and distort traditional valuation metrics, which can trigger unwarranted market volatility.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-05-16
Disclaimer: This information is for educational purposes only. Not financial advice.