BEP-UN : Brookfield Renewable Partners L.P Stock Profile

Last Updated: 3/12/2024 0:47:16

Brookfield Renewable Partners L.P trades with the ticker BEP-UN on the TSX and is in the Utilities – Renewable industry.

Overview
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, and Brazil. The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage, as well as renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation.
 

Looking to invest in Brookfield Renewable Partners L.P? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BEP-UN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $21543.555MM

PE Ratio:

Price: #N/A (Updated: 3/12/2024 0:47:16)



Brookfield Renewable Partners L.P (BEP-UN) vs Competitors in Utilities – Renewable

Lets see how BEP-UN.TO stacks up against others in the Utilities – Renewable asset management industry. We have identified its main peers as:

Algonquin Power & Utilities Corp, Boralex Inc, Innergex Renewable Energy Inc, Northland Power Inc, Polaris Infrastructure Inc

.

Utilities – Renewable Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Algonquin Power & Utilities Corp (AQN) $5,955.301 N/A 43.311 7.3%
Brookfield Renewable Partners L.P (BEP-UN) $21,543.555 N/A 12.062 6.0%
Boralex Inc (BLX) $3,072.704 38.831 11.002 2.2%
Innergex Renewable Energy Inc (INE) $1,768.077 N/A 15.629 4.2%
Northland Power Inc (NPI) $6,143.534 N/A 13.595 5.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Utilities – Renewable

  • Brookfield Renewable Partners L.P (BEP-UN) vs Algonquin Power & Utilities Corp (AQN)
    • BEP-UN has higher EPS (-0.43 vs -0.49). AQN has higher dividend yield (7.3% vs 6.0%). AQN and BEP-UN both have P/E’s under 0.
  • Brookfield Renewable Partners L.P (BEP-UN) vs Boralex Inc (BLX)
    • BLX has higher EPS (0.77 vs -0.43). BEP-UN has higher dividend yield (6.0% vs 2.2%). BEP-UN has a P/E under 0, indicating BLX (P/E 38.831) is in a better position.
  • Brookfield Renewable Partners L.P (BEP-UN) vs Innergex Renewable Energy Inc (INE)
    • BEP-UN has higher EPS (-0.43 vs -0.51). BEP-UN has higher dividend yield (6.0% vs 4.2%). INE and BEP-UN both have P/E’s under 0.
  • Brookfield Renewable Partners L.P (BEP-UN) vs Northland Power Inc (NPI)
    • BEP-UN has higher EPS (-0.43 vs -0.72). BEP-UN has higher dividend yield (6.0% vs 5.0%). NPI and BEP-UN both have P/E’s under 0.
  • Brookfield Renewable Partners L.P (BEP-UN) vs Polaris Infrastructure Inc (PIF)
    • PIF has higher EPS (0.75 vs -0.43). PIF has higher dividend yield (7.0% vs 6.0%). BEP-UN has a P/E under 0, indicating PIF (P/E 15.147) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy BEP-UN stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment