RENEW ENERGY GLOBAL PLC-A (RNW) Stock Fundamental Analysis
USA - NASDAQ:RNW - GB00BNQMPN80 - Common Stock
7.5 USD
+0.04 (+0.54%)
7.5 USD
0 (0%)
Taking everything into account, RNW scores 4 out of 10 in our fundamental rating. RNW was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. RNW has a medium profitability rating, but doesn't score so well on its financial health evaluation. RNW is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
RNW had negative earnings in the past year.
In the past year RNW had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: RNW reported negative net income in multiple years.
RNW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
RNW has a Return On Assets (0.82%) which is comparable to the rest of the industry.
With a decent Return On Equity value of 6.79%, RNW is doing good in the industry, outperforming 65.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.06%, RNW belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RNW is in line with the industry average of 4.55%.
The 3 year average ROIC (5.05%) for RNW is below the current ROIC(6.06%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 6.79% | ||
| ROIC | 6.06% |
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
Looking at the Profit Margin, with a value of 6.75%, RNW is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
RNW has a Operating Margin of 51.07%. 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.
RNW has a better Gross Margin (80.76%) than 95.00% of its industry peers.
In the last couple of years the Gross Margin of RNW has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 51.07% | ||
| PM (TTM) | 6.75% | ||
| GM | 80.76% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RNW is destroying value.
RNW has about the same amout of shares outstanding than it did 1 year ago.
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.
2.2 Solvency
RNW has an Altman-Z score of 0.37. This is a bad value and indicates that RNW is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of RNW (0.37) is comparable to the rest of the industry.
RNW has a Debt/Equity ratio of 5.08. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of RNW (5.08) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.08 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.37 |
ROIC/WACC0.91
WACC6.63%
2.3 Liquidity
A Current Ratio of 0.77 indicates that RNW may have some problems paying its short term obligations.
RNW's Current ratio of 0.77 is in line compared to the rest of the industry. RNW outperforms 50.00% of its industry peers.
A Quick Ratio of 0.74 indicates that RNW may have some problems paying its short term obligations.
With a Quick ratio value of 0.74, RNW perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
RNW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 344.44%, which is quite impressive.
The Revenue has grown by 46.76% in the past year. This is a very strong growth!
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)344.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7.14%
Revenue 1Y (TTM)46.76%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%27.9%
3.2 Future
RNW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 647.60% yearly.
Based on estimates for the next years, RNW will show a very strong growth in Revenue. The Revenue will grow by 454.04% on average per year.
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
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Forward Earnings ratio of 1819.47, the valuation of RNW can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RNW is on the same level as its industry peers.
RNW is valuated expensively when we compare the Price/Forward Earnings ratio to 34.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1819.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RNW is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.41 |
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 647.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y65.71%
EPS Next 3Y647.6%
5. Dividend
5.1 Amount
RNW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.5
+0.04 (+0.54%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners91.2%
Inst Owner Change-0.74%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap2.72B
Revenue(TTM)122.78B
Net Income(TTM)8.29B
Analysts77.5
Price Target8.22 (9.6%)
Short Float %1.3%
Short Ratio2.28
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)1
Avg EPS beat(2)-6.05%
Min EPS beat(2)-17.72%
Max EPS beat(2)5.61%
EPS beat(4)2
Avg EPS beat(4)-1.59%
Min EPS beat(4)-128.76%
Max EPS beat(4)134.49%
EPS beat(8)5
Avg EPS beat(8)15.31%
EPS beat(12)8
Avg EPS beat(12)65.99%
EPS beat(16)8
Avg EPS beat(16)-59.73%
Revenue beat(2)2
Avg Revenue beat(2)12.79%
Min Revenue beat(2)3.49%
Max Revenue beat(2)22.09%
Revenue beat(4)3
Avg Revenue beat(4)10.87%
Min Revenue beat(4)-4.48%
Max Revenue beat(4)22.38%
Revenue beat(8)6
Avg Revenue beat(8)6.54%
Revenue beat(12)9
Avg Revenue beat(12)560.47%
Revenue beat(16)13
Avg Revenue beat(16)2174.43%
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 | N/A | ||
| Fwd PE | 1819.47 | ||
| P/S | 1.96 | ||
| P/FCF | N/A | ||
| P/OCF | 3.08 | ||
| P/B | 1.97 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 10.41 |
EPS(TTM)0
EYN/A
EPS(NY)0
Fwd EY0.05%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)2.43
OCFY32.43%
SpS3.82
BVpS3.8
TBVpS2.7
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 6.79% | ||
| ROCE | 7.67% | ||
| ROIC | 6.06% | ||
| ROICexc | 6.86% | ||
| ROICexgc | 7.21% | ||
| OM | 51.07% | ||
| PM (TTM) | 6.75% | ||
| GM | 80.76% | ||
| FCFM | N/A |
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 | 5.08 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.24 | ||
| Cap/Depr | 354.29% | ||
| Cap/Sales | 66.19% | ||
| Interest Coverage | 1.04 | ||
| Cash Conversion | 91.3% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 0.37 |
F-Score7
WACC6.63%
ROIC/WACC0.91
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)344.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7.14%
EPS Next Y93.43%
EPS Next 2Y65.71%
EPS Next 3Y647.6%
EPS Next 5YN/A
Revenue 1Y (TTM)46.76%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%27.9%
Revenue Next Year33.69%
Revenue Next 2Y24.84%
Revenue Next 3Y454.04%
Revenue Next 5YN/A
EBIT growth 1Y21.23%
EBIT growth 3Y10.71%
EBIT growth 5Y10.07%
EBIT Next Year66.38%
EBIT Next 3Y486.44%
EBIT Next 5YN/A
FCF growth 1Y93.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11.95%
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 4 / 10 to RNW.
What is the valuation status for RNW stock?
ChartMill assigns a valuation rating of 2 / 10 to RENEW ENERGY GLOBAL PLC-A (RNW). This can be considered as Overvalued.
What is the profitability of RNW stock?
RENEW ENERGY GLOBAL PLC-A (RNW) has a profitability rating of 6 / 10.