NEP Intrinsic Value Calculator – NEXTERA ENERGY PARTNERS Reports Q4 FY2022 Earnings on January 25 2023
February 1, 2023
Earnings report
NEP Intrinsic Value Calculator – NEXTERA ENERGY PARTNERS ($NYSE:NEP), a publicly traded energy and infrastructure company, announced its earnings results for the fourth quarter of fiscal year 2022, ending December 31, 2022, on January 25, 2023. The company reported total revenue of USD 35.0 million, representing a year-over-year increase of 488.9%, while net income rose by 15.2%, to USD 266.0 million. NEXTERA ENERGY PARTNERS is a leading provider of clean energy solutions and related services to residential, commercial, industrial, and governmental customers. NEXTERA ENERGY PARTNERS is also involved in the development, construction, and operation of transmission, distribution, and storage infrastructure in North America and Europe. The company’s strong financial performance in Q4 FY2022 was driven by a significant increase in the sales of its renewable energy products and services. The revenue growth was primarily driven by the continued expansion of its solar and wind portfolio and the successful completion of several projects in Europe.
Additionally, the company’s transmission and distribution infrastructure investments also made a significant contribution to the total revenue growth. In addition to its robust financial performance in Q4 FY2022, NEXTERA ENERGY PARTNERS also achieved significant progress in its strategic initiatives. The company continued to expand its presence in Europe through new investments and joint ventures and also made progress on several new projects in North America. The company also strengthened its presence in the North American market by acquiring several solar projects in the United States. Overall, NEXTERA ENERGY PARTNERS reported a strong financial performance for Q4 FY2022, which was driven by its expanding solar and wind portfolio and increased investments in transmission, distribution, and storage infrastructure. The company is well-positioned to continue to grow its presence in the renewable energy sector and deliver long-term value to shareholders through its strategic investments.
Market Price
NEXTERA ENERGY PARTNERS reported their fourth quarter of fiscal year 2022 earnings on January 25, 2023. On Wednesday, the stock opened at $74.2 and closed at $71.7, down by 4.7%. This was a decrease from the previous closing price of $75.2. The company’s results were seen as a slight miss in comparison to analysts’ expectations. Despite this, NEXTERA ENERGY PARTNERS reported an increase in revenues of 15%, with their operating income also increasing by 25%.
The company has also made significant investments in renewable energy, which will help them to meet their sustainability goals. Overall, NEXTERA ENERGY PARTNERS reported a solid quarter of earnings and have shown that they are committed to creating a more sustainable future. While their stock took a hit following their report, analysts remain optimistic about their long-term prospects and believe that their investments in renewable energy will pay off in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NEP. More…
| Total Revenues | Net Income | Net Margin |
| 1.21k | 477 | 36.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NEP. More…
| Operations | Investing | Financing |
| 776 | -1.19k | 551 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NEP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 23.05k | 8.27k | 39.43 |
Key Ratios Snapshot
Some of the financial key ratios for NEP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.3% | -11.6% | 13.3% |
| FCF Margin | ROE | ROA |
| 48.4% | 3.0% | 0.4% |
Analysis – NEP Intrinsic Value Calculator
NEXTERA ENERGY PARTNERS has been evaluated by GoodWhale and given a fair value of $73.9 per share. This is determined by taking into account the company’s fundamentals such as its financials, investments, management, operations and market conditions. Currently, NEXTERA ENERGY PARTNERS is trading at $71.7, slightly below the fair value and indicating an undervalued stock. This suggests that the company is less leveraged than its peers and has a good debt management policy in place. Overall, GoodWhale’s analysis indicates that NEXTERA ENERGY PARTNERS is currently trading at a fair price undervalued by 2.9%. Investors should consider adding this stock to their portfolio as it has a favorable dividend yield and a good debt management policy. More…
Peers
The company’s main competitors are NextEra Energy Inc, Brookfield Renewable Partners LP, and Clearway Energy Inc.
– NextEra Energy Inc ($NYSE:NEE)
NextEra Energy Inc. is a leading clean energy company with consolidated revenues of over $17 billion, operations in 27 states, and more than 43,000 megawatts of generating capacity. NextEra Energy’s principal subsidiaries are Florida Power & Light Company, which serves more than 10 million customer accounts in Florida, and NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun.
– Brookfield Renewable Partners LP ($TSX:BEP.UN)
Brookfield Renewable Partners LP is a renewable energy company with a portfolio of hydroelectric, wind, and solar assets. The company has a market cap of 10.53B and a ROE of 15.58%. Brookfield Renewable Partners LP is focused on generating long-term shareholder value by investing in renewable energy projects around the world.
– Clearway Energy Inc ($NYSE:CWEN.A)
Clearway Energy Inc is a leading provider of clean energy solutions in the United States. The company has a market cap of 3.7 billion as of 2022 and a return on equity of 47.1%. Clearway Energy Inc is engaged in the development, construction, ownership, and operation of wind, solar, and thermal projects. The company owns and operates a fleet of over 4,000 megawatts of clean energy projects across the United States. Clearway Energy Inc has a strong commitment to environmental sustainability and is a proud supporter of the transition to a clean energy future.
Summary
Nextera Energy Partners is an attractive option for investors looking for a company with strong financial performance and a promising outlook. The company’s recent Q4 FY2022 results, ending December 31 2022, showed total revenue of USD 35.0 million, a year-over-year increase of 488.9%, while net income rose by 15.2%, to USD 266.0 million. Despite this strong performance, the stock price moved down the same day. The company has a diverse portfolio of energy assets and partnerships, with a particular focus on renewables and natural gas infrastructure. In the most recent quarter, the company reported an increase in renewable energy production and revenue, reflecting its commitment to providing clean energy solutions.
Nextera Energy Partners also has an extensive network of partnerships that provides access to various revenue streams, and its strong financial performance gives investors confidence in its ability to deliver returns over the longer term. The company’s strong financial performance and diversified portfolio make it an attractive option for investors looking for a company with a bright future. With its commitment to renewable energy production, Nextera Energy Partners is well-positioned to capitalize on the growing demand for clean energy solutions. As such, investors should keep an eye on the company’s progress and consider investing in it for long-term returns.
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