Brookfield logged a -1.9% change during today's morning session, and is now trading at a price of $58.25 per share.
Brookfield returned gains of 52.0% last year, with its stock price reaching a high of $62.78 and a low of $38.18. Over the same period, the stock outperformed the S&P 500 index by 29.5%. More recently, the company's 50-day average price was $58.76. Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. Based in Toronto, Canada, the Large-Cap Real Estate company has 240,000 full time employees. Brookfield has not offered a dividend during the last year.
Overview of Financial Statements:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $67,826 | $62,752 | $75,731 | $92,769 | $95,924 | $23,050 |
| Net Margins | 8% | 1% | 16% | 6% | 5% | -1% |
| Net Income (M) | $5,354 | $707 | $12,388 | $5,195 | $5,105 | -$285 |
| Earnings Per Share | $1.73 | -$0.12 | $2.39 | $1.19 | $0.61 | n/a |
| Free Cash Flow (M) | -$56,330 | -$18,531 | -$52,957 | -$57,291 | $6,467 | $698 |
| Total Debt (M) | $7,083 | $9,077 | $9,963 | $11,390 | $11,552 | $12,368 |
Brookfield's Valuation Is in Line With Its Sector Averages:
Brookfield has a trailing twelve month P/E ratio of 127.7, compared to an average of 31.12 for the Real Estate sector. Based on its EPS guidance of $5.87, the company has a forward P/E ratio of 10.0. Brookfield's PEG ratio is 9.58 on the basis of the 13.3% weighted average of the company and the broader market's EPS compound average growth rates. This suggests that the company's shares are overvalued. In contrast, the market is likely undervaluing Brookfield in terms of its equity because its P/B ratio is 2.13 while the sector average is 2.15.
Analysts Give Brookfield an Average Rating of Buy:
The 8 analysts following Brookfield have set target prices ranging from $41.0 to $80.0 per share, for an average of $66.38 with a buy rating. The company is trading -12.2% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Partners Value Investments LP, whose 7% stake in the company is worth $7,046,437,434.
