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

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

6.11  -0.24 (-3.78%)

After market: 6.41 +0.3 (+4.91%)

Fundamental Rating

4

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. 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.


Dividend Valuation Growth Profitability Health

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5

1. Profitability

1.1 Basic Checks

In the past year RNW has reported negative net income.
RNW had a positive operating cash flow in the past year.
In the past 5 years RNW reported 4 times negative net income.
In the past 5 years RNW always reported a positive cash flow from operatings.
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 0 50B -50B

1.2 Ratios

RNW's Return On Assets of 0.21% is in line compared to the rest of the industry. RNW outperforms 42.11% of its industry peers.
Looking at the Return On Equity, with a value of 1.76%, RNW is in line with its industry, outperforming 42.11% of the companies in the same industry.
With an excellent Return On Invested Capital value of 5.36%, RNW belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
RNW had an Average Return On Invested Capital over the past 3 years of 5.25%. This is in line with the industry average of 4.21%.
The last Return On Invested Capital (5.36%) for RNW is above the 3 year average (5.25%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.21%
ROE 1.76%
ROIC 5.36%
ROA(3y)-0.92%
ROA(5y)-0.98%
ROE(3y)-4.95%
ROE(5y)-6.21%
ROIC(3y)5.25%
ROIC(5y)5.42%
RNW Yearly ROA, ROE, ROICRNW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 5 -5 -10

1.3 Margins

RNW has a Profit Margin (2.37%) which is comparable to the rest of the industry.
RNW's Profit Margin has declined in the last couple of years.
RNW's Operating Margin of 61.82% is amongst the best of the industry. RNW outperforms 100.00% of its industry peers.
RNW's Operating Margin has declined in the last couple of years.
RNW has a better Gross Margin (96.70%) than 100.00% of its industry peers.
RNW's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 61.82%
PM (TTM) 2.37%
GM 96.7%
OM growth 3Y-2.29%
OM growth 5Y-3.69%
PM growth 3YN/A
PM growth 5Y-7.35%
GM growth 3Y-1.31%
GM growth 5Y-0.93%
RNW Yearly Profit, Operating, Gross MarginsRNW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

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1

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.
The number of shares outstanding for RNW has been reduced compared to 1 year ago.
RNW has a worse debt/assets ratio than last year.
RNW Yearly Shares OutstandingRNW Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 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 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.
With a Altman-Z score value of 0.27, RNW perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
A Debt/Equity ratio of 5.27 is on the high side and indicates that RNW has dependencies on debt financing.
RNW has a Debt to Equity ratio of 5.27. This is in the lower half of the industry: RNW underperforms 68.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 5.27
Debt/FCF N/A
Altman-Z 0.27
ROIC/WACC0.72
WACC7.43%
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 0 200B 400B

2.3 Liquidity

A Current Ratio of 0.65 indicates that RNW may have some problems paying its short term obligations.
RNW has a worse Current ratio (0.65) than 73.68% of its industry peers.
RNW has a Quick Ratio of 0.65. 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 Quick ratio, with a value of 0.64, RNW is doing worse than 73.68% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.64
RNW Yearly Current Assets VS Current LiabilitesRNW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 50B 100B

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7

3. Growth

3.1 Past

RNW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -9500.07%.
The Earnings Per Share has been growing by 8.89% on average over the past years. This is quite good.
Looking at the last year, RNW shows a small growth in Revenue. The Revenue has grown by 3.96% in the last year.
The Revenue has been growing by 13.52% on average over the past years. This is quite good.
EPS 1Y (TTM)-9500.07%
EPS 3YN/A
EPS 5Y8.89%
EPS Q2Q%-9463.07%
Revenue 1Y (TTM)3.96%
Revenue growth 3Y19.06%
Revenue growth 5Y13.52%
Sales Q2Q%11129.36%

3.2 Future

RNW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 343.31% yearly.
Based on estimates for the next years, RNW will show a very strong growth in Revenue. The Revenue will grow by 270.12% on average per year.
EPS Next Y-13.79%
EPS Next 2Y62.08%
EPS Next 3Y56.78%
EPS Next 5Y343.31%
Revenue Next Year10.91%
Revenue Next 2Y20.09%
Revenue Next 3Y21.62%
Revenue Next 5Y270.12%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
RNW Yearly Revenue VS EstimatesRNW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50B 100B 150B
RNW Yearly EPS VS EstimatesRNW Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 10 20 30 40

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2

4. Valuation

4.1 Price/Earnings Ratio

RNW reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
RNW is valuated quite expensively with a Price/Forward Earnings ratio of 1678.34.
The rest of the industry has a similar Price/Forward Earnings ratio as RNW.
RNW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.68.
Industry RankSector Rank
PE N/A
Fwd PE 1678.34
RNW Price Earnings VS Forward Price EarningsRNW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 500 1K 1.5K

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 11.86
RNW Per share dataRNW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 -2 3

4.3 Compensation for Growth

A more expensive valuation may be justified as RNW's earnings are expected to grow with 56.78% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.08%
EPS Next 3Y56.78%

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0

5. Dividend

5.1 Amount

No dividends for RNW!.
Industry RankSector Rank
Dividend Yield N/A

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RENEW ENERGY GLOBAL PLC-A

NASDAQ:RNW (2/21/2025, 8:00:01 PM)

After market: 6.41 +0.3 (+4.91%)

6.11

-0.24 (-3.78%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-18 2025-02-18/amc
Earnings (Next)06-03 2025-06-03/amc
Inst Owners84.1%
Inst Owner Change0.28%
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap2.28B
Analysts80
Price Target8.73 (42.88%)
Short Float %0.67%
Short Ratio1.09
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)-23.43%
Min EPS beat(2)-62.54%
Max EPS beat(2)15.69%
EPS beat(4)3
Avg EPS beat(4)32.22%
Min EPS beat(4)-62.54%
Max EPS beat(4)141.57%
EPS beat(8)6
Avg EPS beat(8)99.78%
EPS beat(12)6
Avg EPS beat(12)-79.11%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.46%
Min Revenue beat(2)0.48%
Max Revenue beat(2)8.43%
Revenue beat(4)3
Avg Revenue beat(4)2.22%
Min Revenue beat(4)-8.5%
Max Revenue beat(4)8.47%
Revenue beat(8)6
Avg Revenue beat(8)835.27%
Revenue beat(12)10
Avg Revenue beat(12)2895.62%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-1.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)16.42%
EPS NY rev (1m)0%
EPS NY rev (3m)-20.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.07%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 1678.34
P/S 2.36
P/FCF N/A
P/OCF 2.96
P/B 1.76
P/tB 2.62
EV/EBITDA 11.86
EPS(TTM)-0.11
EYN/A
EPS(NY)0
Fwd EY0.06%
FCF(TTM)-2.12
FCFYN/A
OCF(TTM)2.06
OCFY33.75%
SpS2.59
BVpS3.48
TBVpS2.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.21%
ROE 1.76%
ROCE 6.78%
ROIC 5.36%
ROICexc 5.93%
ROICexgc 6.27%
OM 61.82%
PM (TTM) 2.37%
GM 96.7%
FCFM N/A
ROA(3y)-0.92%
ROA(5y)-0.98%
ROE(3y)-4.95%
ROE(5y)-6.21%
ROIC(3y)5.25%
ROIC(5y)5.42%
ROICexc(3y)5.97%
ROICexc(5y)6.12%
ROICexgc(3y)6.4%
ROICexgc(5y)6.64%
ROCE(3y)7%
ROCE(5y)7.16%
ROICexcg growth 3Y-5.4%
ROICexcg growth 5YN/A
ROICexc growth 3Y-4.09%
ROICexc growth 5YN/A
OM growth 3Y-2.29%
OM growth 5Y-3.69%
PM growth 3YN/A
PM growth 5Y-7.35%
GM growth 3Y-1.31%
GM growth 5Y-0.93%
F-Score5
Asset Turnover0.09
Health
Industry RankSector Rank
Debt/Equity 5.27
Debt/FCF N/A
Debt/EBITDA 8.38
Cap/Depr 710.08%
Cap/Sales 161.44%
Interest Coverage 0.9
Cash Conversion 94.15%
Profit Quality N/A
Current Ratio 0.65
Quick Ratio 0.64
Altman-Z 0.27
F-Score5
WACC7.43%
ROIC/WACC0.72
Cap/Depr(3y)690.24%
Cap/Depr(5y)524.78%
Cap/Sales(3y)150.32%
Cap/Sales(5y)116.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9500.07%
EPS 3YN/A
EPS 5Y8.89%
EPS Q2Q%-9463.07%
EPS Next Y-13.79%
EPS Next 2Y62.08%
EPS Next 3Y56.78%
EPS Next 5Y343.31%
Revenue 1Y (TTM)3.96%
Revenue growth 3Y19.06%
Revenue growth 5Y13.52%
Sales Q2Q%11129.36%
Revenue Next Year10.91%
Revenue Next 2Y20.09%
Revenue Next 3Y21.62%
Revenue Next 5Y270.12%
EBIT growth 1Y14.69%
EBIT growth 3Y16.33%
EBIT growth 5Y9.33%
EBIT Next Year70.82%
EBIT Next 3Y32.94%
EBIT Next 5Y288.02%
FCF growth 1Y-177.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11.88%
OCF growth 3Y29.04%
OCF growth 5Y18.1%