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  5. BEP.UN: 5 I recommends buying BEP. [Brookfield Renewable Partners L.P.]
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Q: 5 I recommends buying BEP.UN but they are showing EPS at a loss, also what is the PE.
Asked by nick on December 19, 2023
5i Research Answer:

Because of its structure, BEP.UN has many non-cash charges embedded in earnings, so cash flow is a better metric. On an accounting basis, it has lost money for the past four years. But, it generates significant cash flow ($2B in the past 12 months). It trades at 10X cash flow, with P/E not relevant with a reported loss.