RENEW ENERGY GLOBAL PLC-A (RNW) Stock Fundamental Analysis
USA - NASDAQ:RNW - GB00BNQMPN80 - Common Stock
7.55 USD
+0.09 (+1.21%)
7.55 USD
0 (0%)
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. RNW has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
Each year in the past 5 years RNW had a positive operating cash flow.
1.2 Ratios
The Return On Assets of RNW (0.89%) is better than 65.00% of its industry peers.
Looking at the Return On Equity, with a value of 7.24%, RNW is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.15%, RNW belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for RNW is in line with the industry average of 4.08%.
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
Looking at the Profit Margin, with a value of 7.55%, RNW is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
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.
The Gross Margin of RNW (83.72%) is better than 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
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.
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.
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.
The Altman-Z score of RNW (0.38) is comparable to the rest of the industry.
RNW has a debt to FCF ratio of 102.61. This is a negative value and a sign of low solvency as RNW would need 102.61 years to pay back of all of its debts.
RNW has a better Debt to FCF ratio (102.61) than 65.00% 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 Debt to Equity ratio of 5.16. This is in the lower half of the industry: RNW underperforms 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
A Current Ratio of 0.77 indicates that RNW may have some problems paying its short term obligations.
RNW has a Current ratio (0.77) which is in line with its industry peers.
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.
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
The Earnings Per Share has grown by an impressive 778.79% over the past year.
RNW shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.64%.
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)778.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5233.33%
Revenue 1Y (TTM)36.64%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%52.17%
3.2 Future
Based on estimates for the next years, RNW will show a very strong growth in Earnings Per Share. The EPS will grow by 647.60% on average per year.
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
The Price/Forward Earnings ratio is 1833.06, which means the current valuation is very expensive for RNW.
RNW's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 32.73. RNW is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1833.06 |
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 75.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RNW is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.34 | ||
| EV/EBITDA | 10.57 |
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.
A more expensive valuation may be justified as RNW's earnings are expected to grow with 647.60% in the coming years.
PEG (NY)N/A
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 |
7.55
+0.09 (+1.21%)
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 Cap2.74B
Revenue(TTM)113.25B
Net Income(TTM)8.55B
Analysts77.5
Price Target8.65 (14.57%)
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 | N/A | ||
| Fwd PE | 1833.06 | ||
| P/S | 2.14 | ||
| P/FCF | 34.34 | ||
| P/OCF | 3.49 | ||
| P/B | 2.06 | ||
| P/tB | 2.97 | ||
| EV/EBITDA | 10.57 |
EPS(TTM)0
EYN/A
EPS(NY)0
Fwd EY0.05%
FCF(TTM)0.22
FCFY2.91%
OCF(TTM)2.16
OCFY28.63%
SpS3.52
BVpS3.67
TBVpS2.54
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
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)778.79%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5233.33%
EPS Next Y93.43%
EPS Next 2Y65.71%
EPS Next 3Y647.6%
EPS Next 5YN/A
Revenue 1Y (TTM)36.64%
Revenue growth 3Y17.82%
Revenue growth 5Y14.93%
Sales Q2Q%52.17%
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 4 / 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.