RENEW ENERGY GLOBAL PLC-A (RNW) Stock Fundamental Analysis
USA - NASDAQ:RNW - GB00BNQMPN80 - Common Stock
7.51 USD
-0.01 (-0.13%)
7.5 USD
-0.01 (-0.13%)
RNW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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 expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year RNW has reported negative net income.
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.
In the past 5 years RNW always reported a positive cash flow from operatings.
1.2 Ratios
RNW has a Return On Assets (0.82%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 6.79%, RNW is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
RNW has a Return On Invested Capital of 6.06%. This is amongst the best in the industry. RNW outperforms 90.00% of its industry peers.
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
The Profit Margin of RNW (6.75%) is better than 65.00% of its industry peers.
RNW has a better Operating Margin (51.07%) than 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.
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.
Compared to 1 year ago, RNW has a worse debt to assets ratio.
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.
Looking at the Altman-Z score, with a value of 0.37, RNW is in line with its industry, outperforming 45.00% of the companies in the same industry.
RNW has a Debt/Equity ratio of 5.08. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 5.08, RNW is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.08 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.37 |
ROIC/WACC0.91
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 0.74 indicates that RNW may have some problems paying its short term obligations.
RNW has a Quick ratio (0.74) which is in line with its industry peers.
| 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
The Earnings Per Share is expected to grow by 647.60% 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 454.04% yearly.
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
With a Price/Forward Earnings ratio of 1819.83, RNW can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RNW is on the same level as its industry peers.
RNW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 35.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1819.83 |
4.2 Price Multiples
80.00% of the companies in the same industry are more expensive than RNW, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
RNW has a very decent profitability rating, which 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 |
7.51
-0.01 (-0.13%)
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 (9.45%)
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 | 1819.83 | ||
| P/S | 1.96 | ||
| P/FCF | N/A | ||
| P/OCF | 3.08 | ||
| P/B | 1.97 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 10.43 |
EPS(TTM)0
EYN/A
EPS(NY)0
Fwd EY0.05%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)2.44
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.