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BEPC

Brookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares (BEPC) fair value

Utilities · Utilities - Renewable · NYSE · United States
$29.01-1.19%
Market cap $5.5BNext earnings 2026-11-04Updated Oct 21, 2026
Add earnings to calendarGoogle
Our verdict
Trades 36% above our fair value
Price
$29.01
Model fair valueConfidence: good
$21.31
Model range
$11.86 to $30.77
Fair value $21.31
Price $29.01
2 models fit Brookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Premium(i)
Valued as a utility: Dividend discount and Discounted cash flow.
ACCE opinionBrookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares (BEPC)
Fair value (2 models)
$21.31
ACCE price target
$28.20
Rating
Overvalued
Horizon
12 months
Fair value published on 21 Oct 2026, 11:06 CEST; previously $20.49 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 21 Oct 2026, 11:06 CEST.
Price used: $29.01 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and Dividend discount.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
36.1% above
-26.5% to fair value
ACCE score
34
out of 100
Analysts
29% buy
7 covering
P/E
0.0x
forward 14.6x
1-year return
-26.7%
Dividend yield
5.34%

Brookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Brookfield Renewable Corporation owns and operates hydroelectric, wind, solar and storage assets, selling power under long-term contracts, largely to utilities and corporate buyers, with its main listed vehicle here being the Class A subordinate voting shares of the parent. The contracted, inflation-linked cash flows are the structural appeal, and the 25.7% operating margin on 13.0% revenue growth shows the portfolio is converting into earnings at a healthy rate. The forward P/E of 14.6 compares with a trailing P/E of zero, so the reported earnings base is thin and the forward figure rests on estimates that need checking. A deeper look should focus on the -45.5% ROE, which points to heavy leverage, minority interests and non-cash charges that distort per-share earnings, and on how much of the growth depends on new capacity financed at current rates. The score of 34 out of 100 and the absence from any major index are the other reasons to test the bull case before going further.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
  • high
    Earnings collapse year over year
    Earnings fell 98.9% YoY and net margin is -102.3%, yet the stock still trades 36.1% above the model fair value of $21.31. Price is not being supported by current profits.
  • high
    Negative free cash flow
    Free cash flow is $-633,000,000 with negative equity (debt/equity -38.33) and ROE of -45.5%. The business is consuming cash, which limits how long it can fund itself without new capital.
  • moderate
    Weak momentum score
    The ACCE score is 34/100, with momentum at 17, the weakest component. The score rose from 19 to 34 over 90 days, but the score remains low.

AI research notes

AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-10-19 · prices to Oct 23, 2026
Why it could do well
  • Analysts' mean price target of $38.14 sits 33.0% above the share price, suggesting the Street sees upside from here.
  • Forward P/E of 14.6x and a 5.5% dividend yield give income investors a sizeable payout at today's price.
  • The latest quarter beat earnings expectations, with EPS of -0.37 against -0.82 expected, a 54.9% surprise.
Why it could disappoint
  • Free cash flow over the last 12 months was -$633M, so the business is consuming cash rather than generating it.
  • Model fair value is $21.31, and the share price trades 36.1% above it, so the stock looks expensive on the models.
  • Shares outstanding grew 24.0% in the last fiscal year, diluting existing holders' stake in the company.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 4, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

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Valuation

INVESTOR
Where BEPC's valuation models land
Price
$29.01
Model fair value
$21.31
Model range
$11.86 to $30.77
Fair value $21.31
Price $29.01
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bearish29% buy · 7 covering analysts
● Strong buy 1● Buy 1● Hold 4● Sell 0● Strong sell 1
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+1.2%
1 month
-0.7%
3 months
-13.5%
6 months
-29.6%
YTD
-24.3%
1 year
-26.7%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
21 Oct 2026, 11:06 CESTRatingOvervaluedfirst publication$28.56
21 Oct 2026, 11:06 CESTFair value$21.31$20.49$28.56
16 Oct 2026, 00:00 CESTFair value$20.49$25.18$28.16
11 Oct 2026, 00:00 CESTFair value$25.18$40.64$29.63
10 Oct 2026, 00:00 CESTACCE price target$28.20first publication$29.38
15 Aug 2026, 00:00 CESTFair value$40.64$39.46$35.66
1 Aug 2026, 00:00 CESTFair value$39.46$38.55$33.13
29 Jul 2026, 00:00 CESTFair value$38.55$39.85$32.31
24 Jul 2026, 00:00 CESTFair value$39.85$41.61$32.82
17 Jul 2026, 00:00 CESTFair value$41.61$42.35$35.12

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth40Value38Quality42Momentum17Total34
Valuation
Trailing P/E
0.0x
Forward P/E
14.6x
PEG
no data
P/B
55.31x
EV / Revenue
5.3x
Book value/sh
$-9.62
Enterprise value
$20.2B
Profitability
ROE
-45.5%
FCF yield
-11.61%
ROIC
no data
Health and risk
Debt / equity
-38.33
Dividend yield
5.34%
Beta
1.15

Price

-28.5% · 1Y

Ask anything about BEPC

Answered from Brookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 42.7x
ROEbetter than 0% of peers
low -45%-45%high 13%
Div yieldbetter than 83% of peers
low 0.0%5.3%high 5.8%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
BEPC Brookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares$29.01$2136% above--45.5%4234
ORA Ormat Technologies Inc. Common Stock$87.09--42.7x4.8%4935
CEN.AX Contact Energy LimitedA$6.97A$531% above19.4x10.6%6639
MCY.AX Mercury NZ LimitedA$5.57A$438% above27.9x6.3%6353
9501.T Tokyo Electric Power Company Holdings, Incorporated¥500.00---12.5%3746
ENELCHILE.SN Enel Chile S.ACLP 86.15--11.4x11.0%6266
ENIC Enel Chile S.A. American Depositary Shares (Each representing 50 shares of Common Stock)$4.34$741% below10.8x11.0%6259

Sector report card

Where BEPC ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Oct 15, 2026
    Brookfield Renewable Corporation Shareholders Approve Proposed Corporate Simplification
  • GlobeNewswire•Oct 9, 2026
    Brookfield Renewable Partners Announces New Date for Meeting on Proposed Corporate Simplification
  • GlobeNewswire•Oct 6, 2026
    Brookfield Renewable to Host Third Quarter 2026 Results Conference Call
5 more press releases · full archive on Investor+.INVESTOR
20 filings of 39
October 2026
Oct 14
6-KForeign current reportPeriod 2026-10-14
View on SEC →
August 2026
Aug 31
6-KForeign current reportPeriod 2026-08-31
View on SEC →
July 2026
Jul 31
6-KForeign current reportPeriod 2026-06-30
View on SEC →
17 more filings + AI summaries on Investor+.INVESTOR