Brookfield RenewableBEPC -0.71%66 ROC (Joel Greenblatt) % is -19.96% as of Mar. 2026. GuruFocus rates BEPC with a GF Score™ of 66/100 and a GF Value™ of $32.23 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 435 Utilities - Independent Power Producers companies, Brookfield Renewable ranks worse than 83.91% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Brookfield Renewable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -19.96%.
The historical rank and industry rank for Brookfield Renewable's ROC (Joel Greenblatt) % or its related term are showing as below:
BEPC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.73 Med: 4.19 Max: 8.16
Current: -7.73
During the past 9 years, Brookfield Renewable's highest ROC (Joel Greenblatt) % was 8.16%. The lowest was -7.73%. And the median was 4.19%.
BEPC's ROC (Joel Greenblatt) % is ranked worse than 83.91% of 435
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.58
vs BEPC: -7.73
Brookfield Renewable's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Brookfield Renewable ROC (Joel Greenblatt) % Related Terms
Brookfield Renewable ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Brookfield Renewable's ROC (Joel Greenblatt) % 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.
For the Utilities - Renewable subindustry, Brookfield Renewable's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Brookfield Renewable's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of -19.96% mean?
Brookfield Renewable (BEPC) has a ROC (Joel Greenblatt) % of -19.96% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Brookfield Renewable and its competitors. According to the industry distribution chart, Brookfield Renewable ranks #365 out of 435 companies in the Utilities - Independent Power Producers industry, placing it in the top 83.9%.
Is Brookfield Renewable's ROC (Joel Greenblatt) % too high?
Brookfield Renewable's current ROC (Joel Greenblatt) % is -19.96%. Based on the distribution chart, Brookfield Renewable ranks #365 out of 435 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Brookfield Renewable has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Renewable's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Brookfield Renewable ranks #365 out of 435 companies for ROC (Joel Greenblatt) %. This places Brookfield Renewable in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.58, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Brookfield Renewable and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Renewable's current ROC (Joel Greenblatt) % is -19.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Renewable stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Renewable (BEPC) is currently considered Modestly Overvalued. The stock's GF Value™ is $32.23, compared to a current price of $36.49 — trading 13.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is -19.96%. Brookfield Renewable's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Brookfield Renewable (BEPC), the current ROC (Joel Greenblatt) % is -19.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Brookfield Renewable (BEPC) Overvalued in 2026?
Based on GuruFocus' analysis, Brookfield Renewable stock appears to be overvalued.
The current stock price of $36.49 is trading 13.2% above its estimated GF Value™ of $32.23.
GuruFocus considers Brookfield Renewable to be Modestly Overvalued.
Key valuation signals for BEPC:
ROC (Joel Greenblatt) %: -19.96%
GF Value™: $32.23 vs. price of $36.49 (13.2% above fair value)
No single metric tells the full story. See the BEPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 40 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 Corp.
66GF Score
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