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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.02
NYSE:NEP's Cash-to-Debt is ranked lower than
97% of the 159 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 0.22 vs. NYSE:NEP: 0.02 )
Ranked among companies with meaningful Cash-to-Debt only.
NYSE:NEP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.05 Max: N/A
Current: 0.02
Equity-to-Asset 0.25
NYSE:NEP's Equity-to-Asset is ranked lower than
69% of the 155 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 0.35 vs. NYSE:NEP: 0.25 )
Ranked among companies with meaningful Equity-to-Asset only.
NYSE:NEP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02  Med: 0.19 Max: 0.29
Current: 0.25
0.02
0.29
Interest Coverage 2.71
NYSE:NEP's Interest Coverage is ranked lower than
51% of the 134 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 3.07 vs. NYSE:NEP: 2.71 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:NEP' s Interest Coverage Range Over the Past 10 Years
Min: 1.14  Med: 1.76 Max: 2.71
Current: 2.71
1.14
2.71
Piotroski F-Score: 6
Altman Z-Score: 0.62
WACC vs ROIC
5.81%
5.21%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating Margin % 40.25
NYSE:NEP's Operating Margin % is ranked higher than
90% of the 160 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 14.18 vs. NYSE:NEP: 40.25 )
Ranked among companies with meaningful Operating Margin % only.
NYSE:NEP' s Operating Margin % Range Over the Past 10 Years
Min: 40.22  Med: 43.23 Max: 52.69
Current: 40.25
40.22
52.69
Net Margin % 12.57
NYSE:NEP's Net Margin % is ranked higher than
67% of the 160 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 7.02 vs. NYSE:NEP: 12.57 )
Ranked among companies with meaningful Net Margin % only.
NYSE:NEP' s Net Margin % Range Over the Past 10 Years
Min: 0.84  Med: 11.17 Max: 17.2
Current: 12.57
0.84
17.2
ROE % 0.45
NYSE:NEP's ROE % is ranked lower than
69% of the 156 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 5.99 vs. NYSE:NEP: 0.45 )
Ranked among companies with meaningful ROE % only.
NYSE:NEP' s ROE % Range Over the Past 10 Years
Min: -9.4  Med: 2.28 Max: 6.14
Current: 0.45
-9.4
6.14
ROA % 1.27
NYSE:NEP's ROA % is ranked lower than
56% of the 162 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 1.58 vs. NYSE:NEP: 1.27 )
Ranked among companies with meaningful ROA % only.
NYSE:NEP' s ROA % Range Over the Past 10 Years
Min: 0.09  Med: 0.69 Max: 1.27
Current: 1.27
0.09
1.27
ROC (Joel Greenblatt) % 11.34
NYSE:NEP's ROC (Joel Greenblatt) % is ranked higher than
68% of the 162 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 6.92 vs. NYSE:NEP: 11.34 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
NYSE:NEP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.42  Med: 5.48 Max: 11.34
Current: 11.34
4.42
11.34
GuruFocus has detected 5 Warning Signs with NextEra Energy Partners LP $NYSE:NEP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» NYSE:NEP's 30-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Business Description

Industry: Utilities - Independent Power Producers » Utilities - Independent Power Producers    NAICS: 221114    SIC: 4911
Compare:NAS:PEGI, OTCPK:ERGZF, NYSE:TAC, NAS:TERP, OTCPK:TRSWF, OTCPK:BRLXF, NYSE:ORA, OTCPK:NPIFF, OTCPK:INGXF, NAS:CAFD, NYSE:DYN, OTCPK:LGSXY, NAS:GLBL, OTCPK:MCQPF, NYSE:AT, OTCPK:MGMXF, OTCPK:RAMPF, OTCPK:CWGYF, OTCPK:MXGFF, AMEX:ELLO » details
Traded in other countries:1N6.Germany,
Headquarter Location:USA
NextEra Energy Partners LP is a limited partnership formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows.

NextEra Energy Partners LP was formed as a Delaware limited partnership on March 6, 2014 as an indirect wholly owned subsidiary of NextEra Energy, Inc. (NEE), a Florida corporation. The company was formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows. The company owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The renewable energy projects are fully contracted and are located in regions that are favorable for generating energy from the wind and sun. The seven natural gas pipelines in the portfolio are all located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and residential, commercial and industrial customers in the Houston area. The NET Mexico Pipeline provides a critical source of natural gas transportation for low-cost, U.S.-sourced shale gas to Mexico. Its operations are subject to regulation by a number of U.S. federal, state and other organizations.

Ratios

vs
industry
vs
history
PE Ratio 20.14
NEP's PE Ratio is ranked lower than
55% of the 109 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 16.46 vs. NEP: 20.14 )
Ranked among companies with meaningful PE Ratio only.
NEP' s PE Ratio Range Over the Past 10 Years
Min: 13.03  Med: 25.45 Max: 111.33
Current: 20.14
13.03
111.33
Forward PE Ratio 24.69
NEP's Forward PE Ratio is ranked higher than
53% of the 30 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 23.70 vs. NEP: 24.69 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 20.14
NEP's PE Ratio without NRI is ranked lower than
53% of the 109 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 16.75 vs. NEP: 20.14 )
Ranked among companies with meaningful PE Ratio without NRI only.
NEP' s PE Ratio without NRI Range Over the Past 10 Years
Min: 13.03  Med: 25.4 Max: 111.33
Current: 20.14
13.03
111.33
PB Ratio 1.21
NEP's PB Ratio is ranked higher than
65% of the 153 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 1.36 vs. NEP: 1.21 )
Ranked among companies with meaningful PB Ratio only.
NEP' s PB Ratio Range Over the Past 10 Years
Min: 0.75  Med: 1.01 Max: 1.65
Current: 1.21
0.75
1.65
PS Ratio 2.63
NEP's PS Ratio is ranked lower than
52% of the 152 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 2.22 vs. NEP: 2.63 )
Ranked among companies with meaningful PS Ratio only.
NEP' s PS Ratio Range Over the Past 10 Years
Min: 1.04  Med: 1.66 Max: 3.61
Current: 2.63
1.04
3.61
Price-to-Free-Cash-Flow 6.42
NEP's Price-to-Free-Cash-Flow is ranked higher than
77% of the 64 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 10.66 vs. NEP: 6.42 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
NEP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 5.08  Med: 8.76 Max: 244.63
Current: 6.42
5.08
244.63
Price-to-Operating-Cash-Flow 5.77
NEP's Price-to-Operating-Cash-Flow is ranked higher than
72% of the 93 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 7.94 vs. NEP: 5.77 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
NEP' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2  Med: 3.61 Max: 6.07
Current: 5.77
2
6.07
EV-to-EBIT 11.02
NEP's EV-to-EBIT is ranked higher than
75% of the 126 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 16.41 vs. NEP: 11.02 )
Ranked among companies with meaningful EV-to-EBIT only.
NEP' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.5  Med: 14.9 Max: 22.1
Current: 11.02
9.5
22.1
EV-to-EBITDA 8.08
NEP's EV-to-EBITDA is ranked higher than
74% of the 137 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 10.79 vs. NEP: 8.08 )
Ranked among companies with meaningful EV-to-EBITDA only.
NEP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.9  Med: 9.2 Max: 13.2
Current: 8.08
6.9
13.2
Current Ratio 1.83
NEP's Current Ratio is ranked higher than
71% of the 157 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 1.32 vs. NEP: 1.83 )
Ranked among companies with meaningful Current Ratio only.
NEP' s Current Ratio Range Over the Past 10 Years
Min: 0.45  Med: 0.99 Max: 4.8
Current: 1.83
0.45
4.8
Quick Ratio 1.83
NEP's Quick Ratio is ranked higher than
75% of the 157 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 1.18 vs. NEP: 1.83 )
Ranked among companies with meaningful Quick Ratio only.
NEP' s Quick Ratio Range Over the Past 10 Years
Min: 0.45  Med: 0.99 Max: 4.8
Current: 1.83
0.45
4.8
Days Sales Outstanding 45.88
NEP's Days Sales Outstanding is ranked higher than
59% of the 123 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 53.07 vs. NEP: 45.88 )
Ranked among companies with meaningful Days Sales Outstanding only.
NEP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.84  Med: 58.99 Max: 413.94
Current: 45.88
40.84
413.94

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 3.59
NEP's Dividend Yield % is ranked higher than
58% of the 225 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 3.59 vs. NEP: 3.59 )
Ranked among companies with meaningful Dividend Yield % only.
NEP' s Dividend Yield % Range Over the Past 10 Years
Min: 0.46  Med: 3.58 Max: 5.42
Current: 3.59
0.46
5.42
Dividend Payout Ratio 0.68
NEP's Dividend Payout Ratio is ranked higher than
57% of the 103 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 0.59 vs. NEP: 0.68 )
Ranked among companies with meaningful Dividend Payout Ratio only.
NEP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.68  Med: 1.18 Max: 1.97
Current: 0.68
0.68
1.97
Forward Dividend Yield % 3.78
NEP's Forward Dividend Yield % is ranked higher than
56% of the 210 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 3.89 vs. NEP: 3.78 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 3.59
NEP's 5-Year Yield-on-Cost % is ranked lower than
53% of the 236 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 4.22 vs. NEP: 3.59 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
NEP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.46  Med: 3.57 Max: 5.42
Current: 3.59
0.46
5.42

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 4.82
NEP's Price-to-Tangible-Book is ranked lower than
84% of the 142 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 1.66 vs. NEP: 4.82 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
NEP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73  Med: 1.23 Max: 4.82
Current: 4.82
0.73
4.82
Price-to-Median-PS-Value 1.59
NEP's Price-to-Median-PS-Value is ranked lower than
79% of the 143 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 0.97 vs. NEP: 1.59 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
NEP' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.6  Med: 1 Max: 2.08
Current: 1.59
0.6
2.08
Price-to-Graham-Number 2.08
NEP's Price-to-Graham-Number is ranked lower than
71% of the 99 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 1.19 vs. NEP: 2.08 )
Ranked among companies with meaningful Price-to-Graham-Number only.
NEP' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.05  Med: 1.4 Max: 2.33
Current: 2.08
1.05
2.33
Earnings Yield (Greenblatt) % 9.07
NEP's Earnings Yield (Greenblatt) % is ranked higher than
80% of the 162 Companies
in the Global Utilities - Independent Power Producers industry.

( Industry Median: 4.74 vs. NEP: 9.07 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
NEP' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 4.5  Med: 6.7 Max: 10.5
Current: 9.07
4.5
10.5

More Statistics

Revenue (TTM) (Mil) $708.00
EPS (TTM) $ 1.92
Beta1.26
Short Percentage of Float1.19%
52-Week Range $23.90 - 37.50
Shares Outstanding (Mil)54.25

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 959 1,203 1,505
EPS ($) 1.63 1.97 2.10
EPS without NRI ($) 1.63 1.97 2.10
EPS Growth Rate
(Future 3Y To 5Y Estimate)
9.00%
Dividends per Share ($) 1.53 1.75 2.02
» More Articles for NEP

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