Brookfield Renewable Corp Stock Beta
| BEPC Stock | USD 30.34 1.05 3.35% |
Brookfield Renewable Corp fundamentals help investors to digest information that contributes to Brookfield Renewable's financial success or failures. It also enables traders to predict the movement of Brookfield Stock. The fundamental analysis module provides a way to measure Brookfield Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brookfield Renewable stock.
Brookfield | Beta |
Brookfield Renewable Corp Company Beta Analysis
Brookfield Renewable's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Brookfield Renewable Beta | 0.98 |
Most of Brookfield Renewable's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brookfield Renewable Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Brookfield Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Brookfield Renewable is extremely important. It helps to project a fair market value of Brookfield Stock properly, considering its historical fundamentals such as Beta. Since Brookfield Renewable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Brookfield Renewable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Brookfield Renewable's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Brookfield Renewable Corp has a Beta of 0.979. This is 117.56% higher than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.
Brookfield Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brookfield Renewable's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brookfield Renewable could also be used in its relative valuation, which is a method of valuing Brookfield Renewable by comparing valuation metrics of similar companies.Brookfield Renewable is currently under evaluation in beta category among its peers.
Brookfield Renewable Current Valuation Drivers
We derive many important indicators used in calculating different scores of Brookfield Renewable from analyzing Brookfield Renewable's financial statements. These drivers represent accounts that assess Brookfield Renewable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Brookfield Renewable's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 10.3B | 21.1B | 13.3B | 10.0B | 10.8B | 9.5B | |
| Enterprise Value | 22.3B | 33.5B | 26.4B | 24.5B | 26.6B | 17.9B |
Brookfield Renewable ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Brookfield Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brookfield Renewable's managers, analysts, and investors.Environmental | Governance | Social |
Brookfield Renewable Institutional Holders
Institutional Holdings refers to the ownership stake in Brookfield Renewable that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Brookfield Renewable's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Brookfield Renewable's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-03-31 | 1.8 M | Renaissance Technologies Corp | 2024-03-31 | 1.7 M | Rare Infrastructure | 2024-03-31 | 1.7 M | Scotia Capital Inc | 2024-03-31 | 1.6 M | Norges Bank | 2023-12-31 | 1.6 M | Arrowstreet Capital Limited Partnership | 2024-03-31 | 1.6 M | Baird Financial Group, Inc. | 2024-03-31 | 1.5 M | Td Waterhouse Canada Inc | 2024-03-31 | 1.4 M | State Street Corporation | 2024-03-31 | 1.4 M | Brookfield Corp | 2024-03-31 | 44.8 M | Vanguard Group Inc | 2024-03-31 | 5.2 M |
Brookfield Renewable returns are very sensitive to returns on the market. As the market goes up or down, Brookfield Renewable is expected to follow.
Brookfield Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0217 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 35.02 B | ||||
| Shares Outstanding | 179.65 M | ||||
| Shares Owned By Insiders | 0.02 % | ||||
| Shares Owned By Institutions | 76.64 % | ||||
| Number Of Shares Shorted | 6.37 M | ||||
| Price To Earning | 8.18 X | ||||
| Price To Book | 0.69 X | ||||
| Price To Sales | 0.89 X | ||||
| Revenue | 3.97 B | ||||
| Gross Profit | 2.7 B | ||||
| EBITDA | 2.41 B | ||||
| Net Income | (181 M) | ||||
| Cash And Equivalents | 659 M | ||||
| Cash Per Share | 1.82 X | ||||
| Total Debt | 16.57 B | ||||
| Debt To Equity | 0.99 % | ||||
| Current Ratio | 0.33 X | ||||
| Book Value Per Share | 16.29 X | ||||
| Cash Flow From Operations | 1.6 B | ||||
| Short Ratio | 6.08 X | ||||
| Earnings Per Share | 7.91 X | ||||
| Price To Earnings To Growth | 1.09 X | ||||
| Target Price | 34.67 | ||||
| Beta | 0.98 | ||||
| Market Capitalization | 5.49 B | ||||
| Total Asset | 49.42 B | ||||
| Working Capital | (5.04 B) | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 49.42 B | ||||
| Last Dividend Paid | 1.38 |
About Brookfield Renewable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brookfield Renewable Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Renewable Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Brookfield Stock
When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:Check out Brookfield Renewable Piotroski F Score and Brookfield Renewable Altman Z Score analysis. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Renewable. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.735 | Dividend Share 1.383 | Earnings Share 7.91 | Revenue Per Share 12.352 | Quarterly Revenue Growth 0.065 |
The market value of Brookfield Renewable Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.