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 15,493 - -
Change - -19.93% 4.44% -59.05% 209.3% -13.15% - -
Enterprise Value (EV) 1 33,568 31,146 34,859 24,801 37,618 51,698 53,661 54,593
Change - -7.22% 11.92% -28.85% 51.68% 37.43% 3.8% 1.74%
P/E -53.4x -45.9x -105x 77.8x -10.9x -26.9x -27.4x -32.1x
PBR - - 1.86x - - 10.5x 15.6x 39.4x
PEG - 3.5x 1.9x -0x 0x 0.4x 14.32x 2.2x
Capitalization / Revenue 3.95x 2.68x 2.65x 0.97x 3.53x 2.02x 1.76x 1.71x
EV / Revenue 7.87x 6.19x 6.55x 4.16x 7.44x 6.73x 6.09x 6.03x
EV / EBITDA 14x 11.7x 11.9x 7.15x 10.3x 12.6x 12.4x 12.2x
EV / EBIT 43.1x 55.8x 31x 15x 19x 37.6x 44.3x 30.8x
EV / FCF -27.4x 52.3x 45.3x -42.8x -43.8x -5.36x -8.44x -3.44x
FCF Yield -3.65% 1.91% 2.21% -2.33% -2.28% -18.7% -11.8% -29%
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% 4.88% 5.07% 5.25%
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 32.29 32.29 32.29
Nbr of stocks (in thousands) 361,804 361,818 369,252 144,921 339,346 345,340 - -
Announcement Date 4/2/22 3/2/23 2/2/24 31/1/25 30/1/26 - - -
1USD in Million2CAD in Million3USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-26.9x6.73x12.61x4.88% 11.15B
20x3.62x8.46x0.28% 8.13B
52.2x7.75x14.2x0.47% 6.34B
21.69x3.68x11.2x4.81% 5.54B
-10.06x25.59x-72.3x-.--% 3.2B
24.09x5.55x17x2.49% 1.42B
113.4x4.68x13.44x-.--% 1.06B
15.81x8.83x16.07x - 889M
8.44x13.33x16.59x5.01% 661M
-43.95x - - 2.71% 656M
Average 17.47x 8.86x 4.14x 2.29% 3.9B
Weighted average by Cap. 10.91x 7.44x 5.04x 2.49%

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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