Brookfield Renewable Corporation (BEPC) vs Fluence Energy, Inc. (FLNC)

Brookfield Renewable Corporation and Fluence Energy, Inc. are both Utilities Renewable companies. Brookfield Renewable Corporation is the larger, with a market value of $5.3B against $1.4B — 3.8× the size. Fluence Energy, Inc. grew revenue faster over the last twelve months: 7.46% against −4.48%. Fluence Energy, Inc. has the higher net margin (−3.07% vs −95.1%) and the lower return on invested capital (−15.2% vs 3.28%). Across the 16 metrics below, Brookfield Renewable Corporation leads on 8 and Fluence Energy, Inc. on 8.

Valuation

Metric BEPC FLNC Utilities Renewable median
P/E n/m n/m 18.99
P/S n/m 0.41 2.58
P/B n/m 2.51 1.38
Price to free cash flow n/m n/m 5.71
EV/EBITDA 6.24 n/m 16.32
EV/Sales 3.52 0.43 5.43
Earnings yield (3.13%) (7.64%) (12.46%)
Free cash flow yield 0.00% (12.16%) (21.58%)

Profitability

Metric BEPC FLNC Utilities Renewable median
Gross margin 60.13% 9.34% 41.45%
Operating margin 27.08% (4.23%) 0.00%
Net margin (95.07%) (3.07%) (0.87%)
Free cash flow margin 2.96% (5.01%) (9.23%)
Return on equity (44.74%) (16.99%) 0.00%
Return on assets (8.27%) (3.45%) (2.61%)
Return on invested capital 3.28% (15.19%) 0.00%

Growth

Metric BEPC FLNC Utilities Renewable median
Revenue growth (TTM) (4.48%) 7.46% 10.25%
EPS growth (last fiscal year) (178.13%) (384.62%) —
Revenue growth, 5-year CAGR 4.24% 32.16% 6.29%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BEPC FLNC Utilities Renewable median
Debt to equity 2.29 0.91 0.59
Current ratio 0.40 1.34 1.16
Net debt to EBITDA 6.22 25.34 2.66

Dividend

Metric BEPC FLNC Utilities Renewable median
Dividend yield 5.61% — 5.61%
Payout ratio 0.33 0.00 0.00

Size

Metric BEPC FLNC Utilities Renewable median
Market cap 5.27b 1.39b 239.67m

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