5.47 USD
+0.12 (+2.24%)
5.6877 USD
+0.22 (+3.98%)
Overall RNW gets a fundamental rating of 4 out of 10. We evaluated RNW 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 valued quite expensive, but it does show an excellent growth.
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.
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
The Return On Assets of RNW (0.82%) 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.
The Return On Invested Capital of RNW (6.06%) 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 4.09%.
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
RNW's Profit Margin of 6.75% is fine compared to the rest of the industry. RNW outperforms 65.00% of its industry peers.
With an excellent Operating Margin value of 51.07%, RNW belongs to the best 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.
With an excellent Gross Margin value of 80.76%, RNW belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
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.
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 0.33. This is a bad value and indicates that RNW is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.33, RNW is in line with its industry, outperforming 45.00% of the companies in the same industry.
A Debt/Equity ratio of 5.08 is on the high side and indicates that RNW has dependencies on debt 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 | 0.33 |
ROIC/WACC0.91
WACC6.62%
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.
RNW has a Quick 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.
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.
Looking at the last year, RNW shows a very strong growth in Revenue. The Revenue has grown by 46.76%.
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)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 71.55% yearly.
Based on estimates for the next years, RNW will show a very strong growth in Revenue. The Revenue will grow by 24.35% on average per year.
EPS Next Y67.9%
EPS Next 2Y55.88%
EPS Next 3Y71.55%
EPS Next 5YN/A
Revenue Next Year33.78%
Revenue Next 2Y25.12%
Revenue Next 3Y24.35%
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
With a Price/Forward Earnings ratio of 1517.41, RNW can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as RNW.
RNW is valuated expensively when we compare the Price/Forward Earnings ratio to 24.01, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1517.41 |
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 | 9.69 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of RNW may justify a higher PE ratio.
RNW's earnings are expected to grow with 71.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y55.88%
EPS Next 3Y71.55%
5. Dividend
5.1 Amount
RNW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
5.47
+0.12 (+2.24%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners89.32%
Inst Owner Change-0.77%
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap1.98B
Revenue(TTM)122.78B
Net Income(TTM)8.29B
Analysts77.5
Price Target8.22 (50.27%)
Short Float %1.2%
Short Ratio1.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)-5.01%
EPS NQ rev (1m)0%
EPS NQ rev (3m)24.64%
EPS NY rev (1m)-13.2%
EPS NY rev (3m)-9.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-16.79%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1517.41 | ||
| P/S | 1.45 | ||
| P/FCF | N/A | ||
| P/OCF | 2.28 | ||
| P/B | 1.46 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | 9.69 |
EPS(TTM)0
EYN/A
EPS(NY)0
Fwd EY0.07%
FCF(TTM)-0.09
FCFYN/A
OCF(TTM)2.4
OCFY43.95%
SpS3.78
BVpS3.76
TBVpS2.67
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 | 0.33 |
F-Score7
WACC6.62%
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 Y67.9%
EPS Next 2Y55.88%
EPS Next 3Y71.55%
EPS Next 5YN/A
Revenue 1Y (TTM)46.76%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%27.9%
Revenue Next Year33.78%
Revenue Next 2Y25.12%
Revenue Next 3Y24.35%
Revenue Next 5YN/A
EBIT growth 1Y21.23%
EBIT growth 3Y10.71%
EBIT growth 5Y10.07%
EBIT Next Year63.67%
EBIT Next 3Y32.72%
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.