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 13,835 - -
Change - -19.93% 4.44% -59.05% 209.3% -22.44% - -
Enterprise Value (EV) 1 33,568 31,146 34,859 24,801 37,618 50,341 52,322 53,384
Change - -7.22% 11.92% -28.85% 51.68% 33.82% 3.94% 2.03%
P/E -53.4x -45.9x -105x 77.8x -10.9x -23.5x -24x -28.1x
PBR - - 1.86x - - 9.21x 13.6x 34.4x
PEG - 3.5x 1.9x -0x 0x 0.4x 12.54x 1.9x
Capitalization / Revenue 3.95x 2.68x 2.65x 0.97x 3.53x 1.8x 1.57x 1.53x
EV / Revenue 7.87x 6.19x 6.55x 4.16x 7.44x 6.55x 5.94x 5.89x
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 36.7x 43.2x 30.1x
EV / FCF -27.4x 52.3x 45.3x -42.8x -43.8x -5.22x -8.23x -3.37x
FCF Yield -3.65% 1.91% 2.21% -2.33% -2.28% -19.2% -12.1% -29.7%
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% 5.58% 5.8% 6.01%
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 4,073 4,336 4,499
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 36,505 38,487 39,549
Reference price 3 36.83 27.54 28.79 27.66 38.34 28.22 28.22 28.22
Nbr of stocks (in thousands) 361,804 361,818 369,252 144,921 339,346 345,340 - -
Announcement Date 04/02/22 03/02/23 02/02/24 31/01/25 30/01/26 - - -
1USD in Million2CAD in Million3USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.98x5.2x38.08x0.21% 253B
18.81x8.57x14.79x3.27% 158B
20.21x4.16x11.44x3.53% 152B
19.27x10.9x14.22x3.67% 104B
12.02x1.8x6.38x5.9% 98.57B
18.54x5.6x12.29x3.67% 95.35B
20.1x3.1x12.61x0.67% 90B
16.9x5.4x10.83x3.82% 88.89B
18.44x5x12.09x3.24% 64.59B
Average 19.47x 5.53x 14.75x 3.11% 122.72B
Weighted average by Cap. 21.13x 5.64x 17.99x 2.74%

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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