RNW Stock Overview
Generates power through non-conventional and renewable energy sources in India.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
ReNew Energy Global Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.93 |
| 52 Week High | US$7.79 |
| 52 Week Low | US$4.78 |
| Beta | 0.91 |
| 1 Month Change | 4.96% |
| 3 Month Change | -7.92% |
| 1 Year Change | 5.89% |
| 3 Year Change | -39.98% |
| 5 Year Change | n/a |
| Change since IPO | n/a |
Recent News & Updates
ReNew Energy Global: Structural Growth Opportunities Clouded By Debt
May 14Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)
May 01
Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital
Apr 09Recent updates
ReNew Energy Global: Structural Growth Opportunities Clouded By Debt
May 14Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)
May 01Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital
Apr 09These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way
Mar 19ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up
Feb 21Market Still Lacking Some Conviction On ReNew Energy Global Plc (NASDAQ:RNW)
Jan 28Is Now An Opportune Moment To Examine ReNew Energy Global Plc (NASDAQ:RNW)?
Jan 06The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
Dec 14Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes
Sep 08The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
May 27ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward
Feb 07ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth
Oct 19ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital
Oct 18ReNew Energy Global reports Q1 results
Aug 18ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital
Jul 04ReNew: Value-Growth Mix But Not A Buy Yet
Mar 17ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher
Mar 16Shareholder Returns
| RNW | US Renewable Energy | US Market | |
|---|---|---|---|
| 7D | -1.3% | 2.0% | 1.7% |
| 1Y | 5.9% | 36.6% | 26.3% |
Return vs Industry: RNW underperformed the US Renewable Energy industry which returned 35.5% over the past year.
Return vs Market: RNW underperformed the US Market which returned 26.3% over the past year.
Price Volatility
| RNW volatility | |
|---|---|
| RNW Average Weekly Movement | 5.7% |
| Renewable Energy Industry Average Movement | 8.1% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.0% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: RNW has not had significant price volatility in the past 3 months.
Volatility Over Time: RNW's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 2,481 | Sumant Sinha | www.renew.com |
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.
ReNew Energy Global Plc Fundamentals Summary
| RNW fundamental statistics | |
|---|---|
| Market cap | US$2.05b |
| Earnings (TTM) | US$45.91m |
| Revenue (TTM) | US$1.04b |
44.6x
P/E Ratio2.0x
P/S RatioIs RNW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RNW income statement (TTM) | |
|---|---|
| Revenue | ₹86.52b |
| Cost of Revenue | ₹9.69b |
| Gross Profit | ₹76.83b |
| Other Expenses | ₹73.01b |
| Earnings | ₹3.82b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.08 |
| Gross Margin | 88.80% |
| Net Profit Margin | 4.42% |
| Debt/Equity Ratio | 541.1% |
How did RNW perform over the long term?
See historical performance and comparison