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Brookfield Renewable Partners LP (TSX:BEP.UN) Cyclically Adjusted Price-to-FCF : 31.82 (As of May. 28, 2024)


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What is Brookfield Renewable Partners LP Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Brookfield Renewable Partners LP's current share price is C$39.46. Brookfield Renewable Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$1.24. Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF for today is 31.82.

The historical rank and industry rank for Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:BEP.UN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.21   Med: 20.02   Max: 65.8
Current: 31.83

During the past years, Brookfield Renewable Partners LP's highest Cyclically Adjusted Price-to-FCF was 65.80. The lowest was 12.21. And the median was 20.02.

TSX:BEP.UN's Cyclically Adjusted Price-to-FCF is ranked worse than
72.95% of 122 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.185 vs TSX:BEP.UN: 31.83

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Brookfield Renewable Partners LP's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$-2.398. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$1.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Renewable Partners LP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brookfield Renewable Partners LP Cyclically Adjusted Price-to-FCF Chart

Brookfield Renewable Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.33 20.91 18.57 14.73 21.31

Brookfield Renewable Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.53 17.98 15.15 21.31 25.41

Competitive Comparison of Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF falls into.



Brookfield Renewable Partners LP Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.46/1.24
=31.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brookfield Renewable Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Brookfield Renewable Partners LP's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.398/131.7762*131.7762
=-2.398

Current CPI (Mar. 2024) = 131.7762.

Brookfield Renewable Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.843 100.560 1.105
201409 0.563 100.428 0.739
201412 -0.021 99.070 -0.028
201503 1.150 99.621 1.521
201506 0.540 100.684 0.707
201509 0.494 100.392 0.648
201512 -0.428 99.792 -0.565
201603 1.028 100.470 1.348
201606 0.273 101.688 0.354
201609 0.351 101.861 0.454
201612 -0.128 101.863 -0.166
201703 1.246 102.862 1.596
201706 0.897 103.349 1.144
201709 0.445 104.136 0.563
201712 0.344 104.011 0.436
201803 1.185 105.290 1.483
201806 1.073 106.317 1.330
201809 0.853 106.507 1.055
201812 1.758 105.998 2.186
201903 1.685 107.251 2.070
201906 1.654 108.070 2.017
201909 1.519 108.329 1.848
201912 -0.299 108.420 -0.363
202003 2.750 108.902 3.328
202006 1.333 108.767 1.615
202009 0.296 109.815 0.355
202012 0.438 109.897 0.525
202103 0.283 111.754 0.334
202106 -1.107 114.631 -1.273
202109 -0.323 115.734 -0.368
202112 -3.959 117.630 -4.435
202203 -0.686 121.301 -0.745
202206 -0.047 125.017 -0.050
202209 -0.897 125.227 -0.944
202212 -0.656 125.222 -0.690
202303 0.431 127.348 0.446
202306 -0.484 128.729 -0.495
202309 -1.114 129.860 -1.130
202312 -3.102 129.419 -3.158
202403 -2.398 131.776 -2.398

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Brookfield Renewable Partners LP  (TSX:BEP.UN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Brookfield Renewable Partners LP Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Brookfield Renewable Partners LP's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Renewable Partners LP (TSX:BEP.UN) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.

Brookfield Renewable Partners LP (TSX:BEP.UN) Headlines

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