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

NASDAQ:RNW - Nasdaq - GB00BNQMPN80 - Common Stock - Currency: USD

6.91  +0.1 (+1.47%)

After market: 6.91 0 (0%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to RNW. RNW was compared to 19 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 valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

RNW had positive earnings in the past year.
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

RNW has a Return On Assets (0.48%) which is in line with its industry peers.
With a decent Return On Equity value of 4.08%, RNW is doing good in the industry, outperforming 63.16% of the companies in the same industry.
The Return On Invested Capital of RNW (5.76%) is better than 89.47% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RNW is in line with the industry average of 3.81%.
The last Return On Invested Capital (5.76%) for RNW is above the 3 year average (5.33%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.48%
ROE 4.08%
ROIC 5.76%
ROA(3y)0.07%
ROA(5y)-0.77%
ROE(3y)0.93%
ROE(5y)-4.67%
ROIC(3y)5.33%
ROIC(5y)5.41%
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's Profit Margin of 4.73% is in line compared to the rest of the industry. RNW outperforms 57.89% of its industry peers.
RNW has a better Operating Margin (57.39%) than 100.00% of its industry peers.
In the last couple of years the Operating Margin of RNW has declined.
The Gross Margin of RNW (89.02%) is better than 94.74% of its industry peers.
RNW's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 57.39%
PM (TTM) 4.73%
GM 89.02%
OM growth 3Y-4.21%
OM growth 5Y-3.12%
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

1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RNW is destroying value.
The number of shares outstanding for RNW remains at a similar level compared to 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.
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 0.27. This is a bad value and indicates that RNW is not financially healthy and even has some risk of bankruptcy.
RNW has a Altman-Z score (0.27) which is in line with its industry peers.
RNW has a Debt/Equity ratio of 5.24. This is a high value indicating a heavy dependency on external financing.
RNW's Debt to Equity ratio of 5.24 is on the low side compared to the rest of the industry. RNW is outperformed by 68.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 5.24
Debt/FCF N/A
Altman-Z 0.27
ROIC/WACC0.87
WACC6.62%
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

A Current Ratio of 0.60 indicates that RNW may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.60, RNW is doing worse than 73.68% of the companies in the same industry.
A Quick Ratio of 0.58 indicates that RNW may have some problems paying its short term obligations.
RNW has a Quick ratio of 0.58. This is in the lower half of the industry: RNW underperforms 73.68% of its industry peers.
Industry RankSector Rank
Current Ratio 0.6
Quick Ratio 0.58
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

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 7100.00% over the past year.
RNW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.36%.
RNW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.93% yearly.
EPS 1Y (TTM)7100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%42935%
Revenue 1Y (TTM)19.36%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%13385.62%

3.2 Future

RNW is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -51.26% yearly.
The Revenue is expected to grow by 25.30% on average over the next years. This is a very strong growth
EPS Next Y-4.27%
EPS Next 2Y23.93%
EPS Next 3Y-51.26%
EPS Next 5YN/A
Revenue Next Year34.04%
Revenue Next 2Y25.62%
Revenue Next 3Y25.3%
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.
RNW Yearly Revenue VS EstimatesRNW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 20B 40B 60B 80B
RNW Yearly EPS VS EstimatesRNW Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 2 4 6 8 10

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 69.10, the valuation of RNW can be described as expensive.
RNW's Price/Earnings ratio is in line with the industry average.
RNW is valuated expensively when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 71.44 indicates a quite expensive valuation of RNW.
RNW's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of RNW to the average of the S&P500 Index (21.60), we can say RNW is valued expensively.
Industry RankSector Rank
PE 69.1
Fwd PE 71.44
RNW Price Earnings VS Forward Price EarningsRNW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RNW indicates a somewhat cheap valuation: RNW is cheaper than 73.68% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.37
RNW Per share dataRNW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

The decent profitability rating of RNW may justify a higher PE ratio.
RNW's earnings are expected to decrease with -51.26% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.93%
EPS Next 3Y-51.26%

0

5. Dividend

5.1 Amount

RNW does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

RENEW ENERGY GLOBAL PLC-A

NASDAQ:RNW (6/30/2025, 8:00:02 PM)

After market: 6.91 0 (0%)

6.91

+0.1 (+1.47%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)06-16 2025-06-16/bmo
Earnings (Next)08-13 2025-08-13
Inst Owners87.1%
Inst Owner Change4.62%
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap2.58B
Analysts80
Price Target8.52 (23.3%)
Short Float %1.28%
Short Ratio3.42
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)1
Avg EPS beat(2)5662.32%
Min EPS beat(2)-128.76%
Max EPS beat(2)11453.4%
EPS beat(4)2
Avg EPS beat(4)2819.44%
Min EPS beat(4)-128.76%
Max EPS beat(4)11453.4%
EPS beat(8)6
Avg EPS beat(8)1512.4%
EPS beat(12)7
Avg EPS beat(12)990.62%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)5214.44%
Min Revenue beat(2)-4.48%
Max Revenue beat(2)10433.4%
Revenue beat(4)3
Avg Revenue beat(4)2609.45%
Min Revenue beat(4)-4.48%
Max Revenue beat(4)10433.4%
Revenue beat(8)5
Avg Revenue beat(8)1305.42%
Revenue beat(12)9
Avg Revenue beat(12)2613.61%
Revenue beat(16)13
Avg Revenue beat(16)4068.93%
PT rev (1m)-0.82%
PT rev (3m)-0.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2789.79%
EPS NY rev (3m)2868.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-4.24%
Revenue NY rev (3m)-4.24%
Valuation
Industry RankSector Rank
PE 69.1
Fwd PE 71.44
P/S 2.27
P/FCF N/A
P/OCF 3.18
P/B 1.96
P/tB 2.89
EV/EBITDA 11.37
EPS(TTM)0.1
EY1.45%
EPS(NY)0.1
Fwd EY1.4%
FCF(TTM)-0.82
FCFYN/A
OCF(TTM)2.17
OCFY31.41%
SpS3.04
BVpS3.53
TBVpS2.39
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.48%
ROE 4.08%
ROCE 7.3%
ROIC 5.76%
ROICexc 6.45%
ROICexgc 6.81%
OM 57.39%
PM (TTM) 4.73%
GM 89.02%
FCFM N/A
ROA(3y)0.07%
ROA(5y)-0.77%
ROE(3y)0.93%
ROE(5y)-4.67%
ROIC(3y)5.33%
ROIC(5y)5.41%
ROICexc(3y)5.97%
ROICexc(5y)6.1%
ROICexgc(3y)6.33%
ROICexgc(5y)6.56%
ROCE(3y)7.04%
ROCE(5y)7.09%
ROICexcg growth 3Y-1.05%
ROICexcg growth 5Y-1.03%
ROICexc growth 3Y0.04%
ROICexc growth 5Y-0.21%
OM growth 3Y-4.21%
OM growth 5Y-3.12%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.56%
GM growth 5Y-2.04%
F-Score6
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 5.24
Debt/FCF N/A
Debt/EBITDA 7.73
Cap/Depr 461.14%
Cap/Sales 98.2%
Interest Coverage 0.96
Cash Conversion 90.64%
Profit Quality N/A
Current Ratio 0.6
Quick Ratio 0.58
Altman-Z 0.27
F-Score6
WACC6.62%
ROIC/WACC0.87
Cap/Depr(3y)626.4%
Cap/Depr(5y)547.09%
Cap/Sales(3y)132.6%
Cap/Sales(5y)119.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%42935%
EPS Next Y-4.27%
EPS Next 2Y23.93%
EPS Next 3Y-51.26%
EPS Next 5YN/A
Revenue 1Y (TTM)19.36%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%13385.62%
Revenue Next Year34.04%
Revenue Next 2Y25.62%
Revenue Next 3Y25.3%
Revenue Next 5YN/A
EBIT growth 1Y11.45%
EBIT growth 3Y12.85%
EBIT growth 5Y11.34%
EBIT Next Year70.2%
EBIT Next 3Y484.85%
EBIT Next 5YN/A
FCF growth 1Y69.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y0.42%
OCF growth 3Y17.76%
OCF growth 5Y14.56%