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 15,170 - -
Change - -19.93% 4.44% -59.05% 209.3% -14.96% - -
Enterprise Value (EV) 1 33,568 31,146 34,859 24,801 37,618 51,375 53,337 54,269
Change - -7.22% 11.92% -28.85% 51.68% 36.57% 3.82% 1.75%
P/E -53.4x -45.9x -105x 77.8x -10.9x -26.4x -27x -31.6x
PBR - - 1.86x - - 10.4x 15.3x 38.7x
PEG - 3.5x 1.9x -0x 0x 0.4x 14.11x 2.2x
Capitalization / Revenue 3.95x 2.68x 2.65x 0.97x 3.53x 1.98x 1.72x 1.67x
EV / Revenue 7.87x 6.19x 6.55x 4.16x 7.44x 6.69x 6.06x 5.99x
EV / EBITDA 14x 11.7x 11.9x 7.15x 10.3x 12.5x 12.3x 12.1x
EV / EBIT 43.1x 55.8x 31x 15x 19x 37.4x 44x 30.6x
EV / FCF -27.4x 52.3x 45.3x -42.8x -43.8x -5.33x -8.39x -3.42x
FCF Yield -3.65% 1.91% 2.21% -2.33% -2.28% -18.8% -11.9% -29.2%
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% 4.96% 5.16% 5.34%
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 31.75 31.75 31.75
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-26.45x6.69x12.53x4.96% 10.96B
19.22x3.56x8.15x0.16% 8B
52.17x7.84x14.3x0.45% 6.48B
21.54x3.66x11.14x4.84% 5.47B
-10.3x81.08x-73.94x-.--% 3.28B
21.95x5.17x16.13x2.74% 1.34B
15.84x8.84x16.09x - 887M
86.64x4.35x12.47x-.--% 808M
8.44x13.33x16.59x5.01% 665M
5.88x - - - 650M
Average 19.49x 14.95x 3.72x 2.27% 3.85B
Weighted average by Cap. 10.61x 12.29x 4.51x 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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