Brookfield Renewable Partners LP (BEP) fair value: what the stock is really worth
As of Oct 22, 2026: fair value (intrinsic value) of Brookfield Renewable Partners LP stock $70.66, price $28.91, upside +144.4%, quality 28 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 22, 2026.
How to read this chart
60‑month range $17.45 – $37.09 · fair‑value band $34.54 – $70.66 · the $28.91 price screens below the $70.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 22, 2026.
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Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, and Brazil.
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The company generates electricity through hydroelectric, wind, solar, distributed generation, and pumped storage; and offers sustainable solutions, such as renewable natural gas, carbon capture and storage, recycling, cogeneration, biomass, nuclear services, eFuels, and power transformation.
It operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. The company was founded in 1999 and is based in Toronto, Canada.
Stock analysis
Brookfield Renewable Partners LP (BEP) currently trades at $28.91, while our model-based Fair Value estimate is $70.66, implying the stock looks roughly 59.1% undervalued today.
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Valuation
How firm this estimate is: it rests on 7 models at a data quality of 81/100, which puts the data coverage at medium.
Scenario range: $34.54 (bear) to $70.66 (bull), the price of $28.91 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 28/100 (below-average quality), in the Utilities sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Brookfield Renewable Partners LP reported revenue of $6.5B in FY2025 versus $4.1B in FY2021, a compound +12.3%/yr. Reported net income was −$19.3M in FY2025.
Key figures
Market cap $13.8B Large · P/S ratio 2.16 · EPS (TTM) $−0.4400 · Dividend yield 5.3% · Net margin −0.3% · Return on equity 0.4% · Return on assets (EBIT) 1.4% · Operating margin 17.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 22% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −35% fair-value upside, at 144%, BEP screens cheaper than that median.
Fair Value models
Bear$34.54Fair Value $70.66Bull$70.66
Price $28.91 · Upside +144.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.19/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+10.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.3%
Start year 2020 (pandemic). Over 10 years: +14.9% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+32.2%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
60.5% (2020) → 13.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
News mood ⓘNews mood, the average tone of recent news (82 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Long-term contracts provide partial stability while weak profitability and high leverage limit the durable advantage in renewables.
Main risk: High leverage together with negative free cash flow is the biggest risk and would hit refinancing capacity as well as ongoing operations.
Brookfield Renewable is advancing a simplification that would merge its partnership and corporation into one listed entity. This targets better trading liquidity, easier index access and simpler tax reporting for investors while leaving the renewable assets unchanged. Our models currently see the business as undervalued. Will the move mainly expand the investor base or just reduce structural friction around the same hydro, wind and solar operations?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Renewable · 200 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score28 · Bottom 25%
Fair Value upside+144.4% · Top 25%
Profitability
Return on equity (12 months)0.4% · Below median
Return on assets0.0% · Below median
Net margin (12 months)−1.3% · Below median
Operating margin (12 months)17.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)1.1% · Below median
Dividend yield (12 months)5.3% · Top 25%
Balance sheet
Debt / equity5.94× · Highest 25%
Valuation Multiplesvs Utilities - Renewable median · lower = cheaper
P/B2.99× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Brookfield Renewable Partners LP (BEP) overvalued or undervalued?
As of Oct 22, 2026, our model estimates a fair value of $70.66 versus a price of $28.91, about +144% upside (undervalued).
What is the fair value of BEP?
Our model-based fair value for Brookfield Renewable Partners LP is $70.66 (as of Oct 22, 2026), built from audited fundamentals. The current price: $28.91.
What is the quality score of BEP?
Brookfield Renewable Partners LP has a Quality Score of 28/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Brookfield Renewable Partners LP (BEP)?
Our model-based price target is the fair value of $70.66 (as of Oct 22, 2026) from 3 valuation models. Cautious scenario $34.54, optimistic scenario $70.66. It is a calculation from audited fundamentals, not an analyst target.
What is the Brookfield Renewable Partners LP stock forecast for 2026?
Our models put fair value at $70.66, about +144% upside versus a price of $28.91 (undervalued). Cautious scenario $34.54, optimistic scenario $70.66. The calculation is refreshed regularly with new filings.
What is the revenue of Brookfield Renewable Partners LP (BEP)?
Brookfield Renewable Partners LP reported trailing-twelve-month revenue of about $6.4B (latest available figure, as of Oct 22, 2026).
Does Brookfield Renewable Partners LP pay a dividend?
Brookfield Renewable Partners LP currently shows a dividend yield of 5.29% relative to its recent price (as of Oct 22, 2026).
What is the intrinsic value of Brookfield Renewable Partners LP (BEP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Brookfield Renewable Partners LP it is $70.66 per share (as of Oct 22, 2026), against a price of $28.91. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Brookfield Renewable Partners LP stock overvalued or undervalued in 2026?
As of Oct 22, 2026, BEP trades below its calculated fair value: price $28.91, fair value $70.66, a gap of about +144% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BEP?
No. The price is what the market pays today ($28.91); the fair value is what the company's own numbers justify ($70.66). For Brookfield Renewable Partners LP the two are $41.75 per share apart. That gap is exactly why we show both numbers side by side.
How much is Brookfield Renewable Partners LP worth?
The market values Brookfield Renewable Partners LP at about $13.8B (market capitalisation, as of Oct 22, 2026). Per share that is $28.91; our models calculate a fair value of $70.66 per share.
What do the bullish and bearish scenarios say about BEP?
Our models span a range for Brookfield Renewable Partners LP: cautious scenario $34.54, base $70.66, optimistic $70.66 per share (as of Oct 22, 2026, price $28.91). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of BEP?
The PEG ratio of Brookfield Renewable Partners LP is 3.51 (P/E divided by earnings growth, as of Oct 22, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Brookfield Renewable Partners LP (BEP)?
Balance-sheet figures for Brookfield Renewable Partners LP (as of Oct 22, 2026): return on equity 0.4%, debt of 5.94 per unit of equity. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is BEP from its 52-week high?
Brookfield Renewable Partners LP trades at $28.91, about 22% below its 52-week high of $37.09 and 11% above the low of $26.07 (as of Oct 22, 2026). Distance from the high says nothing about value: that is what the fair value of $70.66 is for.
Which stocks are comparable to Brookfield Renewable Partners LP?
From the same area (Utilities) we also value China Yangtze Power Co, Huaneng Lancang River Hydropower Inc, VERBUND AG, Ørsted A/S, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Brookfield Renewable Partners LP stock attractive at the current price?
The data as of Oct 22, 2026: price $28.91, calculated fair value $70.66 (+144%), Quality Score 28/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BEP calculated?
We run Brookfield Renewable Partners LP through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $70.66, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.2 % above its aggregate fair value. Brookfield Renewable Partners LP currently trades 59 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Brookfield Renewable Partners LP (BEP)?
The closing price on Oct 22, 2026 was $28.91. Our model-based fair value is $70.66, about +144% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Brookfield Renewable Partners LP right now?
The large discount to fair value meets weak quality (28/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($34.54). The market is more pessimistic than our downside scenario. A fairly wide model range ($34.54 to $70.66) leaves room in how you read the outcome.
Key figures of Brookfield Renewable Partners LP
How large is the market capitalisation of Brookfield Renewable Partners LP (BEP)?
The market capitalisation of Brookfield Renewable Partners LP is $13.8B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Brookfield Renewable Partners LP (BEP)?
The price-to-sales ratio of Brookfield Renewable Partners LP is 2.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Brookfield Renewable Partners LP (BEP)?
Earnings per share at Brookfield Renewable Partners LP are $−0.4400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Brookfield Renewable Partners LP (BEP)?
The dividend yield of Brookfield Renewable Partners LP is 5.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Brookfield Renewable Partners LP (BEP)?
The net margin of Brookfield Renewable Partners LP is −0.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Brookfield Renewable Partners LP (BEP)?
The return on equity (ROE) of Brookfield Renewable Partners LP is 0.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Brookfield Renewable Partners LP (BEP)?
On an EBIT basis the return on assets of Brookfield Renewable Partners LP is 1.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Brookfield Renewable Partners LP (BEP)?
The operating margin of Brookfield Renewable Partners LP is 17.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Brookfield Renewable Partners LP (BEP)?
Revenue at Brookfield Renewable Partners LP is growing +1.1% versus a year earlier (3y avg +11.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Brookfield Renewable Partners LP (BEP)?
Earnings per share at Brookfield Renewable Partners LP are growing +45.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Brookfield Renewable Partners LP (BEP) generate?
The free cash flow of Brookfield Renewable Partners LP is −$5.2B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Brookfield Renewable Partners LP (BEP) carry?
The net debt of Brookfield Renewable Partners LP is $33.4B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 22, 2026