RENEW ENERGY GLOBAL PLC-A (RNW) Stock Fundamental Analysis
USA - NASDAQ:RNW - GB00BNQMPN80 - Common Stock
7.46 USD
+0.11 (+1.5%)
7.47 USD
+0.01 (+0.13%)
RNW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of RNW while its profitability can be described as average. RNW is not overvalued while it is showing excellent growth. This is an interesting combination.
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.
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's Return On Assets of 0.89% is in line compared to the rest of the industry. RNW outperforms 60.00% of its industry peers.
With a decent Return On Equity value of 7.24%, RNW is doing good in the industry, outperforming 65.00% of the companies in the same industry.
The Return On Invested Capital of RNW (6.15%) is better than 90.00% 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 3.86%.
The 3 year average ROIC (5.05%) for RNW is below the current ROIC(6.15%), indicating increased profibility in the last year.
| 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
RNW has a better Profit Margin (7.55%) than 65.00% of its industry peers.
RNW has a better Operating Margin (54.28%) than 100.00% of its industry peers.
RNW's Operating Margin has declined in the last couple of years.
RNW has a Gross Margin of 83.72%. This is amongst the best in the industry. RNW outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of RNW has declined.
| 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
RNW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
RNW has about the same amout of shares outstanding than it did 1 year ago.
RNW has less shares outstanding than it did 5 years ago.
RNW has a worse debt/assets ratio than last year.
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 has a Altman-Z score of 0.38. This is comparable to the rest of the industry: RNW outperforms 45.00% of its industry peers.
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's Debt to FCF ratio of 102.61 is in line compared 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.
Looking at the Current ratio, with a value of 0.77, RNW is in line with its industry, outperforming 50.00% of the companies in the same 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
RNW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 647.60% yearly.
The Revenue is expected to grow by 454.04% on average over the next years. This is a very strong growth
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/Earnings ratio of 57.38, the valuation of RNW can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of RNW indicates a somewhat cheap valuation: RNW is cheaper than 65.00% of the companies listed in the same industry.
RNW is valuated expensively when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 1811.16, which means the current valuation is very expensive for RNW.
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 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.38 | ||
| Fwd PE | 1811.16 |
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 | 33.93 | ||
| EV/EBITDA | 10.54 |
4.3 Compensation for Growth
The 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.
RNW's earnings are expected to grow with 647.60% in the coming years. This may justify a more expensive valuation.
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 |
7.46
+0.11 (+1.5%)
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 Cap2.71B
Revenue(TTM)97.06B
Net Income(TTM)8.55B
Analysts77.5
Price Target8.65 (15.95%)
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 | 57.38 | ||
| Fwd PE | 1811.16 | ||
| P/S | 2.12 | ||
| P/FCF | 33.93 | ||
| P/OCF | 3.45 | ||
| P/B | 2.03 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | 10.54 |
EPS(TTM)0.13
EY1.74%
EPS(NY)0
Fwd EY0.06%
FCF(TTM)0.22
FCFY2.95%
OCF(TTM)2.16
OCFY28.97%
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 57.38 and the Price/Book (PB) ratio is 2.03.