Professional
Added to YB: 2024-02-16
Pitch date: 2024-02-13
BN [bullish]
Brookfield Corporation
+75.7%
current return
Author Info
No bio for this author
Company Info
Brookfield Corporation is a multi-asset manager focused on real estate, credit, renewable power and transition, infrastructure, venture capital, and private equity including growth capital and emerging growth investments.
Market Cap
CAD 104.4B
Pitch Price
CAD 35.46
Price Target
82.00 (+30%)
Dividend
0.52%
EV/EBITDA
15.13
P/E
133.82
EV/Sales
6.01
Sector
Capital Markets
Category
growth
Silver Beech Capital Management Portfolio Holding - Brookfield Corporation
BN: Brookfield Corp's diverse global investments span infra, renewables, real estate, insurance, PE & credit via 75% owned BAM. Under CEO Flatt (19% CAGR since '02), fee-bearing capital grew 27% to $457B ('18-'23), half carry-eligible at 31% CAGR. 15%+ intrinsic value upside seen despite 105% discount on complexity, leverage & real estate fears (<20% of EV). $200B+ debt is non-recourse. Mgmt sees $82 intrinsic value.
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