Logo image of RNW

RENEW ENERGY GLOBAL PLC-A (RNW) Stock Fundamental Analysis

USA - NASDAQ:RNW - GB00BNQMPN80 - Common Stock

7.67 USD
-0.03 (-0.39%)
Last: 10/17/2025, 8:00:01 PM
7.67 USD
0 (0%)
After Hours: 10/17/2025, 8:00:01 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to RNW. 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 valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year RNW has reported negative net income.
RNW had a positive operating cash flow in the past year.
In multiple years RNW reported negative net income over the last 5 years.
Each year in the past 5 years RNW had a positive operating cash flow.
RNW Yearly Net Income VS EBIT VS OCF VS FCFRNW Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 50B -50B

1.2 Ratios

The Return On Assets of RNW (0.89%) is better than 65.00% of its industry peers.
The Return On Equity of RNW (7.24%) is better than 70.00% of its industry peers.
RNW has a Return On Invested Capital of 6.15%. This is amongst the best in the industry. RNW outperforms 85.00% of its industry peers.
RNW had an Average Return On Invested Capital over the past 3 years of 5.05%. This is in line with the industry average of 4.08%.
The 3 year average ROIC (5.05%) for RNW is below the current ROIC(6.15%), indicating increased profibility in the last year.
Industry RankSector 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%
RNW Yearly ROA, ROE, ROICRNW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 5 -5 -10

1.3 Margins

RNW has a Profit Margin (7.55%) which is comparable to the rest of the industry.
RNW has a Operating Margin of 54.28%. This is amongst the best in the industry. RNW outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of RNW has declined.
Looking at the Gross Margin, with a value of 83.72%, RNW belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RNW's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
RNW Yearly Profit, Operating, Gross MarginsRNW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60 80

2

2. Health

2.1 Basic Checks

RNW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, RNW has about the same amount of shares outstanding.
The number of shares outstanding for RNW has been reduced compared to 5 years ago.
The debt/assets ratio for RNW is higher compared to a year ago.
RNW Yearly Shares OutstandingRNW Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
RNW Yearly Total Debt VS Total AssetsRNW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2025 200B 400B 600B 800B

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.
With a Altman-Z score value of 0.38, RNW perfoms like the industry average, outperforming 45.00% of the companies in the same industry.
The Debt to FCF ratio of RNW is 102.61, which is on the high side as it means it would take RNW, 102.61 years of fcf income to pay off all of its debts.
RNW has a better Debt to FCF ratio (102.61) than 65.00% of its industry peers.
RNW has a Debt/Equity ratio of 5.16. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 5.16, RNW is doing worse than 75.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 5.16
Debt/FCF 102.61
Altman-Z 0.38
ROIC/WACC0.93
WACC6.63%
RNW Yearly LT Debt VS Equity VS FCFRNW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 200B 400B

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.
RNW has a Current ratio (0.77) which 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.
Looking at the Quick ratio, with a value of 0.73, RNW is in line with its industry, outperforming 45.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.77
Quick Ratio 0.73
RNW Yearly Current Assets VS Current LiabilitesRNW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 50B 100B 150B

8

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 778.79% over the past year.
RNW shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.64%.
The Revenue has been growing by 14.93% on average over the past years. This is quite good.
EPS 1Y (TTM)778.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5233.33%
Revenue 1Y (TTM)36.64%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%52.17%

3.2 Future

The Earnings Per Share is expected to grow by 646.91% on average over the next years. This is a very strong growth
RNW is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 456.68% yearly.
EPS Next Y64.05%
EPS Next 2Y54.96%
EPS Next 3Y646.91%
EPS Next 5YN/A
Revenue Next Year33.69%
Revenue Next 2Y24.84%
Revenue Next 3Y456.68%
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.
RNW Yearly Revenue VS EstimatesRNW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50B 100B 150B
RNW Yearly EPS VS EstimatesRNW Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 10 20 30 40 50

3

4. Valuation

4.1 Price/Earnings Ratio

RNW is valuated quite expensively with a Price/Forward Earnings ratio of 2113.28.
The rest of the industry has a similar Price/Forward Earnings ratio as RNW.
The average S&P500 Price/Forward Earnings ratio is at 22.94. RNW is valued rather expensively when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 2113.28
RNW Price Earnings VS Forward Price EarningsRNW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

75.00% of the companies in the same industry are more expensive than RNW, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RNW is valued a bit cheaper than 80.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 34.62
EV/EBITDA 10.6
RNW Per share dataRNW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RNW does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of RNW may justify a higher PE ratio.
RNW's earnings are expected to grow with 646.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y54.96%
EPS Next 3Y646.91%

0

5. Dividend

5.1 Amount

No dividends for RNW!.
Industry RankSector Rank
Dividend Yield N/A

RENEW ENERGY GLOBAL PLC-A

NASDAQ:RNW (10/17/2025, 8:00:01 PM)

After market: 7.67 0 (0%)

7.67

-0.03 (-0.39%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)08-13 2025-08-13/amc
Earnings (Next)11-12 2025-11-12
Inst Owners91.2%
Inst Owner Change-0.12%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap2.78B
Analysts80
Price Target8.65 (12.78%)
Short Float %0.88%
Short Ratio2.38
Dividend
Industry RankSector 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)-11.99%
EPS NY rev (3m)-19.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.07%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 2113.28
P/S 2.16
P/FCF 34.62
P/OCF 3.52
P/B 2.07
P/tB 2.99
EV/EBITDA 10.6
EPS(TTM)0
EYN/A
EPS(NY)0
Fwd EY0.05%
FCF(TTM)0.22
FCFY2.89%
OCF(TTM)2.18
OCFY28.4%
SpS3.55
BVpS3.7
TBVpS2.56
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector 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%
ROICexcg growth 3Y-6.64%
ROICexcg 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 RankSector 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)778.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5233.33%
EPS Next Y64.05%
EPS Next 2Y54.96%
EPS Next 3Y646.91%
EPS Next 5YN/A
Revenue 1Y (TTM)36.64%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%52.17%
Revenue Next Year33.69%
Revenue Next 2Y24.84%
Revenue Next 3Y456.68%
Revenue Next 5YN/A
EBIT growth 1Y24.04%
EBIT growth 3Y10.71%
EBIT growth 5Y10.07%
EBIT Next Year66.38%
EBIT Next 3Y489.23%
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%