NYSE:NEP (USA) Also trade in: Germany

NextEra Energy Partners LP

$ 45.32 0.15 (0.33%)
Volume: 130,420 Avg Vol (1m): 239,425
Market Cap $: 2.54 Bil Enterprise Value $: 8.88 Bil
P/E (TTM): 37.46 P/B: 1.46
Earnings Power Value -54.94
Net Current Asset Value -88.26
Tangible Book 6.14
Projected FCF 6.45
Median P/S Value 20.98
Graham Number 12.92
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
YTD (-%)

Financial Strength : 4/10

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.
Current vs industry vs history
Cash-to-Debt 0.04
Cash-To-Debt ranked lower than
84.66% of 189 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 10000, Med: 0.17, Min: 0.01
NEP: 0.04
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.02, Med: 0.04, Max: 0.36
Current: 0.04
0.02
0.36
Equity-to-Asset 0.25
Equity-to-Asset ranked lower than
70.49% of 183 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 0.97, Med: 0.37, Min: -0.93
NEP: 0.25
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.13, Med: 0.23, Max: 0.3
Current: 0.25
0.13
0.3
Debt-to-Equity 1.49
Debt-to-Equity ranked lower than
70.99% of 162 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 51.45, Med: 1.18, Min: 0.01
NEP: 1.49
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 1.46, Med: 2.31, Max: 4.67
Current: 1.49
1.46
4.67
Debt-to-EBITDA 4.68
Debt-to-EBITDA ranked lower than
59.38% of 160 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 62.26, Med: 4.86, Min: 0.02
NEP: 4.68
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 4.34, Med: 6.71, Max: 18.96
Current: 4.68
4.34
18.96
Interest Coverage 0.65
Interest Coverage ranked lower than
76.43% of 157 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 10000, Med: 3.27, Min: 0.02
NEP: 0.65
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 0.65, Med: 1.57, Max: 1.99
Current: 0.65
0.65
1.99
Piotroski F-Score 5
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 0.58
DISTRESS
GREY
SAFE
WACC vs ROIC %
ROIC 3.44%
WACC 5.04%

Profitability & Growth : 7/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 31.93
Operating Margin ranked higher than
82.16% of 185 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 6831.67, Med: 16.93, Min: -2385.28
NEP: 31.93
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 31.93, Med: 40.22, Max: 52.69
Current: 31.93
31.93
52.69
Net Margin % 13.18
Net Margin ranked lower than
84.32% of 185 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 7121.11, Med: 7.5, Min: -2132.03
NEP: 13.18
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -7.56, Med: 10.75, Max: 24.9
Current: 13.18
-7.56
24.9
ROE % 3.11
ROE ranked lower than
78.80% of 184 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 87.55, Med: 6.91, Min: -559.34
NEP: 3.11
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -3.25, Med: 2.28, Max: 7.36
Current: 3.11
-3.25
7.36
ROA % 1.14
ROA ranked lower than
77.08% of 192 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 843.97, Med: 2.08, Min: -552.02
NEP: 1.14
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -0.71, Med: 0.69, Max: 2.15
Current: 1.14
-0.71
2.15
ROC (Joel Greenblatt) % 8.73
ROC (Joel Greenblatt) ranked higher than
51.83% of 191 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 3248.55, Med: 7.62, Min: -1105.81
NEP: 8.73
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 2.47, Med: 6.03, Max: 10.37
Current: 8.73
2.47
10.37
3-Year Total Revenue Growth Rate 15.50
3-Year Revenue Growth Rate ranked lower than
71.52% of 151 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 979.2, Med: 1.9, Min: -100
NEP: -13.9
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -13.9, Med: 4.45, Max: 56.6
Current: -13.9
-13.9
56.6
3-Year Total EBITDA Growth Rate 19.90
3-Year EBITDA Growth Rate ranked lower than
71.43% of 133 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 753.8, Med: 4.6, Min: -156
NEP: -10.5
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: -10.5, Med: 13.85, Max: 59.3
Current: -10.5
-10.5
59.3
3-Year EPS w/o NRI Growth Rate 87.90
3-Year EPS w/o NRI Growth Rate ranked lower than
100.00% of 117 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 261.3, Med: 5.2, Min: -194.2
NEP: 87.9
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: 0, Med: 29.65, Max: 87.9
Current: 87.9
0
87.9

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Business Description

Industry Utilities - Independent Power Producers » Utilities - Independent Power Producers    NAICS : 221114    SIC : 4911
Compare MIC:UPRO BOM:500400 BKK:BGRIM-R BOM:533096 MIL:ERG TSX:RNW SHSE:600863 NAS:TERP NAS:PEGI NYSE:ORA OTCPK:XTEG BKK:BPP HKSE:00958 BSP:CESP3 CAS:TQM SHSE:600483 NZSE:GNE NZSE:CEN TSX:NPI SZSE:200539
Traded in other countries 1N6.Germany
Address 700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy Partners LP is a limited partnership formed to acquire, manage and own contracted clean energy projects. 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, use industry technology and are in regions that are favorable for generating energy from the wind and sun. The seven natural gas pipelines in the portfolio are all strategically located, serving power producers and municipalities in South Texas, processing plants and producers in the Eagle Ford Shale, and commercial and industrial customers in the Houston area. The renewable energy sales generate maximum revenue for the company.

Ratios

Current vs industry vs history
PE Ratio (TTM) 37.46
PE Ratio ranked lower than
100.00% of 133 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 2452.38, Med: 16.09, Min: 1.21
NEP: 37.46
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 12.89, Med: 27.81, Max: 111.33
Current: 37.46
12.89
111.33
Forward PE Ratio 49.02
Forward P/E ranked higher than
56.52% of 46 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 86.21, Med: 19.16, Min: 4.7
NEP: 49.02
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 37.46
PE without NRI ranked lower than
100.00% of 132 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 2452.38, Med: 16.63, Min: 1.27
NEP: 37.46
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 12.89, Med: 27.81, Max: 111.33
Current: 37.46
12.89
111.33
PB Ratio 1.46
PB Ratio ranked higher than
73.63% of 182 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 674, Med: 1.34, Min: 0.09
NEP: 1.46
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.75, Med: 1.06, Max: 1.65
Current: 1.46
0.75
1.65
PS Ratio 4.30
PS Ratio ranked lower than
56.90% of 174 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 187.22, Med: 2.06, Min: 0.05
NEP: 4.3
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 1.04, Med: 1.99, Max: 4.57
Current: 4.3
1.04
4.57
Price-to-Free-Cash-Flow 10.22
Price-to-Free-Cash-Flow ranked lower than
84.15% of 82 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 222.88, Med: 9.38, Min: 0.08
NEP: 10.22
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
Price-to-Free-Cash-Flow range over the past 10 years
Min: 5.85, Med: 8.45, Max: 36.85
Current: 10.22
5.85
36.85
Price-to-Operating-Cash-Flow 9.38
Price-to-Operating-Cash-Flow ranked higher than
70.80% of 113 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 200.59, Med: 7.17, Min: 0.08
NEP: 9.38
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 1.96, Med: 3.72, Max: 10.01
Current: 9.38
1.96
10.01
EV-to-EBIT 17.47
EV-to-EBIT ranked higher than
61.15% of 157 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 1467.43, Med: 15.44, Min: 2.59
NEP: 17.47
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: 9.1, Med: 13.7, Max: 22.1
Current: 17.47
9.1
22.1
EV-to-EBITDA 12.19
EV-to-EBITDA ranked higher than
60.98% of 164 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 1467.43, Med: 10.63, Min: 1.66
NEP: 12.19
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: 6.6, Med: 9.5, Max: 13.7
Current: 12.19
6.6
13.7
EV-to-Revenue 12.08
EV-to-Revenue ranked lower than
72.38% of 181 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 203.43, Med: 4.25, Min: 0.16
NEP: 12.08
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 5.8, Med: 8.1, Max: 13.6
Current: 12.08
5.8
13.6
PEG Ratio 6.25
PEG Ratio ranked lower than
100.00% of 53 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 20.79, Med: 0.87, Min: 0.15
NEP: 6.25
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 2.94, Med: 3.35, Max: 14.46
Current: 6.25
2.94
14.46
Current Ratio 0.38
Current Ratio ranked higher than
58.10% of 179 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 18.46, Med: 1.32, Min: 0.01
NEP: 0.38
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.38, Med: 1.3, Max: 5.54
Current: 0.38
0.38
5.54
Quick Ratio 0.38
Quick Ratio ranked higher than
63.69% of 179 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 18.46, Med: 1.14, Min: 0.01
NEP: 0.38
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.38, Med: 1.3, Max: 5.54
Current: 0.38
0.38
5.54
Days Sales Outstanding 35.21
Days Sales Outstanding ranked higher than
73.79% of 145 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 537.73, Med: 54.16, Min: 1
NEP: 35.21
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 35.21, Med: 41.69, Max: 413.94
Current: 35.21
35.21
413.94
Days Payable 14.93
Days Payable ranked lower than
100.00% of 110 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 719.62, Med: 71.32, Min: 0.01
NEP: 14.93
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 14.2, Med: 561.93, Max: 3283.67
Current: 14.93
14.2
3283.67

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 4.05
Trailing Dividend Yield ranked higher than
57.61% of 243 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 14.81, Med: 3.33, Min: 0.23
NEP: 4.05
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.46, Med: 3.61, Max: 5.42
Current: 4.05
0.46
5.42
Dividend Payout Ratio 1.35
Dividend Payout Ratio ranked lower than
100.00% of 123 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 65.63, Med: 9999, Min: 0.01
NEP: 1.35
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.56, Med: 0.93, Max: 1.97
Current: 1.35
0.56
1.97
3-Year Dividend Growth Rate (Per Share) 23.70
3-Year Dividend Growth Rate ranked higher than
97.44% of 78 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 105.7, Med: 7.3, Min: -100
NEP: 23.7
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
3-Year Dividend Growth Rate range over the past 10 years
Min: 0, Med: 11.85, Max: 99.4
Current: 23.7
0
99.4
Forward Dividend Yield % 4.26
Forward Dividend Yield ranked lower than
52.07% of 242 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 18.95, Med: 4.11, Min: 0.23
NEP: 4.26
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 4.04
Yield-on-Cost (5y) ranked lower than
51.74% of 288 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 717.82, Med: 4.09, Min: 0.01
NEP: 4.04
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.46, Med: 3.61, Max: 5.42
Current: 4.04
0.46
5.42
3-Year Share Buyback Rate -22.40
3-Year Share Buyback Rate ranked lower than
91.67% of 96 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 26.3, Med: -6.9, Min: -371
NEP: -22.4
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -49.4, Med: -33.1, Max: -22.4
Current: -22.4
-49.4
-22.4

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 7.38
Price-to-Tangible-Book ranked lower than
65.12% of 172 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 674, Med: 1.54, Min: 0.11
NEP: 7.38
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.73, Med: 2.37, Max: 7.6
Current: 7.38
0.73
7.6
Price-to-Projected-FCF 7.03
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
100.00% of 48 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 21.16, Med: 0.89, Min: 0.16
NEP: 7.03
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 6.91, Med: 10.3, Max: 25
Current: 7.03
6.91
25
Price-to-Median-PS-Value 2.16
Price-to-Median-PS-Value ranked lower than
83.08% of 130 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 25.7, Med: 0.91, Min: 0.07
NEP: 2.16
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.5, Med: 1.01, Max: 2.22
Current: 2.16
0.5
2.22
Price-to-Graham-Number 3.51
Price-to-Graham-Number ranked lower than
100.00% of 116 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 24.71, Med: 1.12, Min: 0.19
NEP: 3.51
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 1.05, Med: 1.8, Max: 3.61
Current: 3.51
1.05
3.61
Earnings Yield (Joel Greenblatt) % 5.78
Earnings Yield (Greenblatt) ranked higher than
68.23% of 192 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 38.61, Med: 5.28, Min: -107.53
NEP: 5.78
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: 4.5, Med: 7.3, Max: 11
Current: 5.78
4.5
11
Forward Rate of Return (Yacktman) % -16.77
Forward Rate of Return ranked lower than
100.00% of 83 companies
in the Utilities - Independent Power Producers industry.
Industry Max: 51.88, Med: 4.85, Min: -161.89
NEP: -16.77
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -17.3, Med: -14, Max: -8.3
Current: -16.77
-17.3
-8.3

More Statistics

Revenue (TTM) (Mil) $ 736
EPS (TTM) $ 1.21
Beta 0.59
Volatility % 20.55
52-Week Range $ 39.35 - 50.66
Shares Outstanding (Mil) 56.15

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 5
Positive ROA Y
Positive CFROA Y
Higher ROA yoy Y
CFROA > ROA Y
Lower Leverage yoy Y
Higher Current Ratio yoy N
Less Shares Outstanding yoy N
Higher Gross Margin yoy N
Higher Asset Turnover yoy N