RENEW ENERGY GLOBAL PLC-A (RNW) Stock Fundamental Analysis
USA - NASDAQ:RNW - GB00BNQMPN80 - Common Stock
7.35 USD
+0.02 (+0.27%)
7.35 USD
0 (0%)
Taking everything into account, RNW scores 5 out of 10 in our fundamental rating. RNW was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. While RNW is still in line with the averages on profitability rating, there are concerns on its financial health. RNW is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year RNW was profitable.
In the past year RNW had a positive cash flow from operations.
In multiple years RNW reported negative net income over the last 5 years.
In the past 5 years RNW always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.89%, RNW perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
RNW's Return On Equity of 7.24% is fine compared to the rest of the industry. RNW outperforms 65.00% of its industry peers.
RNW has a better Return On Invested Capital (6.15%) than 90.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RNW is in line with the industry average of 3.85%.
The last Return On Invested Capital (6.15%) for RNW is above the 3 year average (5.05%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 7.24% | ||
| ROIC | 6.15% |
ROA(3y)0.05%
ROA(5y)-0.79%
ROE(3y)0.7%
ROE(5y)-4.81%
ROIC(3y)5.05%
ROIC(5y)5.24%
1.3 Margins
The Profit Margin of RNW (7.55%) is better than 65.00% of its industry peers.
Looking at the Operating Margin, with a value of 54.28%, RNW belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RNW's Operating Margin has declined in the last couple of years.
RNW's Gross Margin of 83.72% is amongst the best of the industry. RNW outperforms 100.00% of its industry peers.
RNW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.28% | ||
| PM (TTM) | 7.55% | ||
| GM | 83.72% |
OM growth 3Y-6.03%
OM growth 5Y-4.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-2.04%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so RNW is destroying value.
Compared to 1 year ago, RNW has about the same amount of shares outstanding.
Compared to 5 years ago, RNW has less shares outstanding
The debt/assets ratio for RNW is higher compared to a year ago.
2.2 Solvency
RNW has an Altman-Z score of 0.38. This is a bad value and indicates that RNW is not financially healthy and even has some risk of bankruptcy.
RNW's Altman-Z score of 0.38 is in line compared to the rest of the industry. RNW outperforms 45.00% of its industry peers.
RNW has a debt to FCF ratio of 102.61. This is a negative value and a sign of low solvency as RNW would need 102.61 years to pay back of all of its debts.
RNW has a Debt to FCF ratio of 102.61. This is comparable to the rest of the industry: RNW outperforms 60.00% of its industry peers.
A Debt/Equity ratio of 5.16 is on the high side and indicates that RNW has dependencies on debt financing.
RNW has a worse Debt to Equity ratio (5.16) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.16 | ||
| Debt/FCF | 102.61 | ||
| Altman-Z | 0.38 |
ROIC/WACC0.93
WACC6.63%
2.3 Liquidity
RNW has a Current Ratio of 0.77. This is a bad value and indicates that RNW is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of RNW (0.77) is comparable to the rest of the industry.
A Quick Ratio of 0.73 indicates that RNW may have some problems paying its short term obligations.
The Quick ratio of RNW (0.73) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
RNW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18440.34%, which is quite impressive.
RNW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.36%.
Measured over the past years, RNW shows a quite strong growth in Revenue. The Revenue has been growing by 14.93% on average per year.
EPS 1Y (TTM)18440.34%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%8136.01%
Revenue 1Y (TTM)19.36%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%11244.13%
3.2 Future
Based on estimates for the next years, RNW will show a very strong growth in Earnings Per Share. The EPS will grow by 647.60% on average per year.
RNW is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 454.04% yearly.
EPS Next Y93.43%
EPS Next 2Y65.71%
EPS Next 3Y647.6%
EPS Next 5YN/A
Revenue Next Year33.69%
Revenue Next 2Y24.84%
Revenue Next 3Y454.04%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 56.54, the valuation of RNW can be described as expensive.
Based on the Price/Earnings ratio, RNW is valued a bit cheaper than the industry average as 65.00% of the companies are valued more expensively.
RNW is valuated expensively when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 1784.77, the valuation of RNW can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as RNW.
The average S&P500 Price/Forward Earnings ratio is at 34.57. RNW is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.54 | ||
| Fwd PE | 1784.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RNW indicates a rather cheap valuation: RNW is cheaper than 85.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RNW is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.44 | ||
| EV/EBITDA | 10.5 |
4.3 Compensation for Growth
RNW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of RNW may justify a higher PE ratio.
A more expensive valuation may be justified as RNW's earnings are expected to grow with 647.60% in the coming years.
PEG (NY)0.61
PEG (5Y)N/A
EPS Next 2Y65.71%
EPS Next 3Y647.6%
5. Dividend
5.1 Amount
No dividends for RNW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.35
+0.02 (+0.27%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners91.2%
Inst Owner Change-0.75%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap2.67B
Revenue(TTM)97.06B
Net Income(TTM)8.55B
Analysts77.5
Price Target8.65 (17.69%)
Short Float %0.92%
Short Ratio2.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)70.05%
Min EPS beat(2)5.61%
Max EPS beat(2)134.49%
EPS beat(4)3
Avg EPS beat(4)6.76%
Min EPS beat(4)-128.76%
Max EPS beat(4)134.49%
EPS beat(8)6
Avg EPS beat(8)91.19%
EPS beat(12)8
Avg EPS beat(12)56.18%
EPS beat(16)8
Avg EPS beat(16)-142.76%
Revenue beat(2)2
Avg Revenue beat(2)22.24%
Min Revenue beat(2)22.09%
Max Revenue beat(2)22.38%
Revenue beat(4)3
Avg Revenue beat(4)10.12%
Min Revenue beat(4)-4.48%
Max Revenue beat(4)22.38%
Revenue beat(8)6
Avg Revenue beat(8)8.54%
Revenue beat(12)9
Avg Revenue beat(12)1125.97%
Revenue beat(16)13
Avg Revenue beat(16)2941.64%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-34.82%
EPS NY rev (1m)17.9%
EPS NY rev (3m)-5.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.54 | ||
| Fwd PE | 1784.77 | ||
| P/S | 2.09 | ||
| P/FCF | 33.44 | ||
| P/OCF | 3.4 | ||
| P/B | 2 | ||
| P/tB | 2.89 | ||
| EV/EBITDA | 10.5 |
EPS(TTM)0.13
EY1.77%
EPS(NY)0
Fwd EY0.06%
FCF(TTM)0.22
FCFY2.99%
OCF(TTM)2.16
OCFY29.4%
SpS3.52
BVpS3.67
TBVpS2.54
PEG (NY)0.61
PEG (5Y)N/A
Graham Number3.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 7.24% | ||
| ROCE | 7.78% | ||
| ROIC | 6.15% | ||
| ROICexc | 6.85% | ||
| ROICexgc | 7.22% | ||
| OM | 54.28% | ||
| PM (TTM) | 7.55% | ||
| GM | 83.72% | ||
| FCFM | 6.24% |
ROA(3y)0.05%
ROA(5y)-0.79%
ROE(3y)0.7%
ROE(5y)-4.81%
ROIC(3y)5.05%
ROIC(5y)5.24%
ROICexc(3y)5.63%
ROICexc(5y)5.9%
ROICexgc(3y)5.97%
ROICexgc(5y)6.35%
ROCE(3y)6.91%
ROCE(5y)7.01%
ROICexgc growth 3Y-6.64%
ROICexgc growth 5Y-4.43%
ROICexc growth 3Y-5.44%
ROICexc growth 5Y-3.52%
OM growth 3Y-6.03%
OM growth 5Y-4.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-2.04%
F-Score7
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.16 | ||
| Debt/FCF | 102.61 | ||
| Debt/EBITDA | 7.31 | ||
| Cap/Depr | 285.53% | ||
| Cap/Sales | 55.15% | ||
| Interest Coverage | 0.92 | ||
| Cash Conversion | 83.42% | ||
| Profit Quality | 82.7% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 0.38 |
F-Score7
WACC6.63%
ROIC/WACC0.93
Cap/Depr(3y)623.73%
Cap/Depr(5y)545.48%
Cap/Sales(3y)132.03%
Cap/Sales(5y)119.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18440.34%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%8136.01%
EPS Next Y93.43%
EPS Next 2Y65.71%
EPS Next 3Y647.6%
EPS Next 5YN/A
Revenue 1Y (TTM)19.36%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%11244.13%
Revenue Next Year33.69%
Revenue Next 2Y24.84%
Revenue Next 3Y454.04%
Revenue Next 5YN/A
EBIT growth 1Y24.04%
EBIT growth 3Y10.71%
EBIT growth 5Y10.07%
EBIT Next Year66.38%
EBIT Next 3Y486.44%
EBIT Next 5YN/A
FCF growth 1Y127.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.73%
OCF growth 3Y16.81%
OCF growth 5Y14%
RENEW ENERGY GLOBAL PLC-A / RNW FAQ
What is the ChartMill fundamental rating of RENEW ENERGY GLOBAL PLC-A (RNW) stock?
ChartMill assigns a fundamental rating of 5 / 10 to RNW.
What is the valuation status for RNW stock?
ChartMill assigns a valuation rating of 6 / 10 to RENEW ENERGY GLOBAL PLC-A (RNW). This can be considered as Fairly Valued.
What is the profitability of RNW stock?
RENEW ENERGY GLOBAL PLC-A (RNW) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for RNW stock?
The Price/Earnings (PE) ratio for RENEW ENERGY GLOBAL PLC-A (RNW) is 56.54 and the Price/Book (PB) ratio is 2.