Brookfield Renewable: Top 10 Undervalued Large Cap Stocks on TSX (BEP-UN)
Brookfield Renewable is now ranked among the top 10 large cap stocks on the Toronto Stock Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
- Large caps total market capitalization (10-200B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| BIP-UN | Brookfield Infr Partners | 41.47 | 64.84 | 23.37 (56.4%) | 340658 | 19026.4 | 4.8 | 101.6 |
| NTR | Nutrien | 69.19 | 101.51 | 32.32 (46.7%) | 1377604 | 34252.9 | 4.2 | 11.4 |
| RBA | RB Global | 83.29 | 111.04 | 27.75 (33.3%) | 123323 | 15292.2 | 1.7 | 60.6 |
| ABX | Barrick Gold | 21.02 | 26.05 | 5.03 (23.9%) | 2599110 | 36890.1 | 2.6 | 518.2 |
| SAP | Saputo | 28.37 | 34.87 | 6.50 (22.9%) | 419067 | 12002.3 | 2.6 | 19.0 |
| EMA | Emera | 48.26 | 55.72 | 7.46 (15.5%) | 1030287 | 13203.9 | 5.7 | 11.3 |
| BEP-UN | Brookfield Renewable | 34.82 | 39.78 | 4.96 (14.3%) | 163298 | 10197.3 | 5.1 | 0.0 |
| NGT | Newmont | 46.61 | 52.94 | 6.33 (13.6%) | 180521 | 37101.6 | 4.6 | 0.0 |
| BN | Brookfield | 54.42 | 60.42 | 6.00 (11.0%) | 1452465 | 86293.8 | 0.7 | 0.0 |
| PPL | Pembina Pipeline | 46.26 | 51.32 | 5.06 (10.9%) | 1704430 | 25443.0 | 5.7 | 21.4 |
All data provided as of January 27, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Brookfield Renewable
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 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements.
Brookfield Renewable is listed under BEP-UN on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
