Brookfield BRP Holdings (Canada
AI Valuation
AI-generated fair value estimate for this company.
AI Fair Value
$22.66
Market Price
$22.38
Undervalued By
1.2%
Method: Brookfield BRP Holdings (Canada) Inc. 7.250% Perpetual Subordinated Notes, 25 par, annual coupon = 0.0725 x 25 = 1.8125 per share. Current price (stockanalysis.com) 22.65 implies required yield of 1.8125/22.65 = 8.00%, the highest among the four comparables, reflecting its higher coupon trading closer to par. Perpetuity value = 1.8125 / 0.08 = 22.66; trading below the 25 call price, so no call cap applies.
Reasoning: Highest-coupon (7.25%) of the four Brookfield perpetual notes, trading only ~9% below par versus 35-38% for the lower-coupon peers, consistent with an ~8% required market yield for this credit tier.