Mishella Introduction The listed partnerships for Brookfield Corporation (NYSE:BN) like BEP, BIP and BBU have declined in value from their 2021 levels but these interests are not the whole picture. Per my August article, Brookfield Corporation is undervalued. Since then, the full-year 2023 numbers have come out and there are some key positives. Brookfield Corporation…
Brookfield is headquartered in Canada ssuni Brookfield Corporation (NYSE:BN)(TSX:BN:CA) is considered one of the most “complex” financial companies in the world. It consists of a holding company, on top of several wholly-owned subsidiaries, and some partially owned subsidiaries, one of which operates the company’s funds. It’s a confusing structure that has led some to feel…
aimintang/iStock via Getty Images Introduction My thesis is that Brookfield Corporation (NYSE:BN) is undervalued. I also thought Brookfield was undervalued at the time of my February 2023 article, but back then the valuation work was more fragmented as the supplemental used an invested capital table that didn’t have a row for target carried interest. The…