Company Valuation: Brookfield Renewable Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,842 13,485 14,083 5,768 17,839 14,479 - -
Change - -19.93% 4.44% -59.05% 209.3% -18.83% - -
Enterprise Value (EV) 1 33,568 31,146 34,859 24,801 37,618 50,684 52,647 53,579
Change - -7.22% 11.92% -28.85% 51.68% 34.73% 3.87% 1.77%
P/E -53.4x -45.9x -105x 77.8x -10.9x -24.9x -25.4x -29.8x
PBR - - 1.86x - - 9.77x 14.5x 36.5x
PEG - 3.5x 1.9x -0x 0x 0.4x 13.27x 2x
Capitalization / Revenue 3.95x 2.68x 2.65x 0.97x 3.53x 1.89x 1.64x 1.6x
EV / Revenue 7.87x 6.19x 6.55x 4.16x 7.44x 6.6x 5.98x 5.91x
EV / EBITDA 14x 11.7x 11.9x 7.15x 10.3x 12.4x 12.1x 11.9x
EV / EBIT 43.1x 55.8x 31x 15x 19x 36.9x 43.4x 30.2x
EV / FCF -27.4x 52.3x 45.3x -42.8x -43.8x -5.25x -8.28x -3.38x
FCF Yield -3.65% 1.91% 2.21% -2.33% -2.28% -19% -12.1% -29.6%
Dividend per Share 3 1.28 - 1.35 1.42 1.49 1.574 1.637 1.697
Rate of return 3.48% - 4.69% 5.13% 3.89% 5.26% 5.47% 5.67%
EPS 3 -0.69 -0.6 -0.2755 0.3556 -3.524 -1.2 -1.177 -1.005
Distribution rate -186% - -490% 399% -42.3% -131% -139% -169%
Net sales 1 4,265 5,029 5,318 5,968 5,057 7,680 8,807 9,061
EBITDA 1 2,395 2,665 2,925 3,470 3,660 4,100 4,333 4,487
EBIT 1 779 557.8 1,126 1,651 1,978 1,373 1,212 1,775
Net income 1 -466.1 -394.8 -242.6 340.1 -3,179 -589.8 -384.3 -613
Net Debt 1 16,726 17,661 20,776 19,034 19,779 36,205 38,167 39,100
Reference price 3 36.83 27.54 28.79 27.66 38.34 29.93 29.93 29.93
Nbr of stocks (in thousands) 361,804 361,818 369,252 144,921 339,346 345,340 - -
Announcement Date 2/4/22 2/3/23 2/2/24 1/31/25 1/30/26 - - -
1USD in Million2CAD in Million3USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-24.93x6.6x12.36x5.26% 10.34B
19.31x3.57x8.12x0.16% 7.99B
48.16x7.41x13.53x0.49% 5.99B
21.54x3.66x11.14x4.84% 5.3B
-10.02x91.82x-83.72x-.--% 3.19B
22.12x5.3x16.24x2.52% 1.33B
15.74x8.81x16.03x - 878M
695.65x4.63x13.29x-.--% 697M
5.88x - - - 641M
7.63x12.78x15.9x5.55% 593M
Average 80.11x 16.06x 2.54x 2.35% 3.69B
Weighted average by Cap. 21.75x 13.19x 3.31x 2.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Brookfield Renewable Corporation
-40%: Exceptional extension
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