Sky Solar Holdings (SKYS) versus Brookfield Renewable Partners L.P. (BEP) Critical Analysis
Sky Solar Holdings (NASDAQ: SKYS) and Brookfield Renewable Partners L.P. (NYSE:BEP) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, profitabiliy, risk, valuation, dividends and earnings.
This table compares Sky Solar Holdings and Brookfield Renewable Partners L.P.’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Sky Solar Holdings||4.72%||-2.47%||-0.70%|
|Brookfield Renewable Partners L.P.||-1.34%||-0.10%||-0.04%|
Brookfield Renewable Partners L.P. pays an annual dividend of $1.87 per share and has a dividend yield of 5.5%. Sky Solar Holdings does not pay a dividend. Sky Solar Holdings has increased its dividend for 3 consecutive years.
Institutional & Insider Ownership
0.4% of Sky Solar Holdings shares are owned by institutional investors. Comparatively, 54.3% of Brookfield Renewable Partners L.P. shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Volatility & Risk
Sky Solar Holdings has a beta of 1.79, meaning that its share price is 79% more volatile than the S&P 500. Comparatively, Brookfield Renewable Partners L.P. has a beta of 0.25, meaning that its share price is 75% less volatile than the S&P 500.
Earnings and Valuation
This table compares Sky Solar Holdings and Brookfield Renewable Partners L.P.’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Sky Solar Holdings||$65.93 million||1.03||$19.01 million||$0.07||19.83|
|Brookfield Renewable Partners L.P.||$2.46 billion||4.07||$1.36 billion||N/A||N/A|
Brookfield Renewable Partners L.P. has higher revenue and earnings than Sky Solar Holdings.
This is a breakdown of recent ratings for Sky Solar Holdings and Brookfield Renewable Partners L.P., as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Sky Solar Holdings||0||1||0||0||2.00|
|Brookfield Renewable Partners L.P.||0||5||3||0||2.38|
Sky Solar Holdings presently has a consensus price target of $1.30, indicating a potential downside of 6.34%. Brookfield Renewable Partners L.P. has a consensus price target of $36.00, indicating a potential upside of 6.67%. Given Brookfield Renewable Partners L.P.’s stronger consensus rating and higher probable upside, analysts plainly believe Brookfield Renewable Partners L.P. is more favorable than Sky Solar Holdings.
Brookfield Renewable Partners L.P. beats Sky Solar Holdings on 10 of the 13 factors compared between the two stocks.
About Sky Solar Holdings
Sky Solar Holdings, Ltd. is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America. Its subsidiaries are engaged in activities, such as selling electricity generated from solar parks owned by the Company as IPP; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules), and providing engineering, procurement and construction (EPC) services ; providing operating and maintenance (O&M) services for solar parks; sales of solar modules, and building and transferring of solar parks (BT). The Company has developed over 270 solar parks with an aggregate capacity of approximately 252.8 megawatts (MW). It has over 1.3 gigawatts (GW) of solar projects in various stages of development in countries, such as Chile, Uruguay, Japan and Canada.
About Brookfield Renewable Partners L.P.
Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., is the owner and operator of a portfolio of assets that generate electricity from renewable resources. The Company operates as a pure-play renewable power platform. Its segments include Hydroelectric, Wind, Other and Corporate. It operates renewable power generating assets, which include conventional hydroelectric facilities and wind facilities located in North America, Colombia, Brazil and Europe. It also operates approximately four biomass facilities and three Co-gen facilities. It owns approximately 10,730 megawatts (MW) of installed capacity and an over 6,000 MW development pipeline diversified across 15 power markets in North America, Colombia, Brazil and Europe. This portfolio includes approximately 217 hydroelectric generating stations on over 82 river systems and approximately 38 wind facilities. Its portfolio also includes over 3,000 MW of medium to long-term development projects.
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