NASDAQ Utilities Renewable Utilities RNW

ReNew Energy Global Plc

$ 6.32 2.10 %

ReNew Energy Global Plc specializes in generating clean, renewable power across India. Its core business segments are wind power and solar power. The company adopts an integrated approach, overseeing the development, construction, ownership, and operation of both large-scale utility wind and solar farms, alongside localized distributed solar projects designed for commercial and industrial clients. Beyond its generation activities, ReNew also provides comprehensive engineering, procurement, and construction (EPC) services, operation and maintenance (O&M), and expert consultancy. It further engages in the sale of renewable energy certificates. As of March 31, 2022, its robust portfolio encompassed 10.69 gigawatts (GW) of diverse energy projects, comprising wind, solar, hydro, firm power, and distributed solar. A significant 7.57 GW of this capacity was fully operational, with an additional 3.12 GW either under construction or firmly committed. Established in 2011, ReNew Energy Global Plc is headquartered in London, United Kingdom.

CEO: Sumant Sinha - https://www.renewpower.in

Summary 30-Y Financials Dividend Analyst Key metrics Ownership / Senat
Price objectif

$6.39 1.11 %

Recommandation

Buy

DCF

$ -103.57

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RNW vs S&P500

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Quick ratio

0.37

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

21.79

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.29

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

8.54 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

4.60 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

6.83

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

6.20

means it relies more on debt, which can increase financial risk.

Free cash flow per share

-105.25

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.06 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
0.24 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.21 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.74 indicates a moderate level of debt, which is generally acceptable but may present some risk
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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