ReNew Energy Global Statistics
Total Valuation
RNW has a market cap or net worth of $2.11 billion. The enterprise value is $7.44 billion.
| Market Cap | 2.11B |
| Enterprise Value | 7.44B |
Important Dates
The next estimated earnings date is Tuesday, June 4, 2024, after market close.
| Earnings Date | Jun 4, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RNW has 373.04 million shares outstanding. The number of shares has decreased by -7.85% in one year.
| Shares Outstanding | 373.04M |
| Shares Change (YoY) | -7.85% |
| Shares Change (QoQ) | -0.93% |
| Owned by Insiders (%) | 16.36% |
| Owned by Institutions (%) | 81.70% |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 55.17 and the forward PE ratio is 88.50.
| PE Ratio | 55.17 |
| Forward PE | 88.50 |
| PS Ratio | 1.79 |
| Forward PS | 1.74 |
| PB Ratio | 1.69 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 161.93 |
| EV / Sales | 6.29 |
| EV / EBITDA | 9.17 |
| EV / EBIT | 12.27 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.85, with a Debt / Equity ratio of 5.36.
| Current Ratio | 0.85 |
| Quick Ratio | 0.83 |
| Debt / Equity | 5.36 |
| Debt / EBITDA | 8.22 |
| Debt / FCF | n/a |
| Interest Coverage | 1.12 |
Financial Efficiency
Return on equity (ROE) is 3.60% and return on invested capital (ROIC) is 5.32%.
| Return on Equity (ROE) | 3.60% |
| Return on Assets (ROA) | 0.50% |
| Return on Capital (ROIC) | 5.32% |
| Revenue Per Employee | $476,743 |
| Profits Per Employee | $18,528 |
| Employee Count | 2,481 |
| Asset Turnover | 0.12 |
| Inventory Turnover | 7.12 |
Taxes
In the past 12 months, RNW has paid $20.71 million in taxes.
| Income Tax | 20.71M |
| Effective Tax Rate | 31.06% |
Stock Price Statistics
The stock price has increased by +5.20% in the last 52 weeks. The beta is 0.90, so RNW's price volatility has been similar to the market average.
| Beta (1Y) | 0.90 |
| 52-Week Price Change | +5.20% |
| 50-Day Moving Average | 6.15 |
| 200-Day Moving Average | 6.19 |
| Relative Strength Index (RSI) | 42.10 |
| Average Volume (30 Days) | 644,017 |
Short Selling Information
The latest short interest is 6.11 million, so 1.64% of the outstanding shares have been sold short.
| Short Interest | 6.11M |
| Short Previous Month | 5.52M |
| Short % of Shares Out | 1.64% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 7.76 |
Income Statement
In the last 12 months, RNW had revenue of $1.18 billion and earned $45.97 million in profits. Earnings per share was $0.10.
| Revenue | 1.18B |
| Gross Profit | 1.06B |
| Operating Income | 611.92M |
| Pretax Income | 66.59M |
| Net Income | 45.97M |
| EBITDA | 811.89M |
| EBIT | 606.81M |
| Earnings Per Share (EPS) | $0.10 |
Balance Sheet
The company has $1.34 billion in cash and $6.68 billion in debt, giving a net cash position of -$5.33 billion or -$14.29 per share.
| Cash & Cash Equivalents | 1.34B |
| Total Debt | 6.68B |
| Net Cash | -5.33B |
| Net Cash Per Share | -$14.29 |
| Equity / Book Value | 1.25B |
| Book Value Per Share | 3.34 |
| Working Capital | -292.00M |
Cash Flow
In the last 12 months, operating cash flow was $807.35 million and capital expenditures -$1.71 billion, giving a free cash flow of -$907.12 million.
| Operating Cash Flow | 807.35M |
| Capital Expenditures | -1.71B |
| Free Cash Flow | -907.12M |
| FCF Per Share | -$2.50 |
Margins
Gross margin is 90.02%, with operating and profit margins of 51.74% and 3.89%.
| Gross Margin | 90.02% |
| Operating Margin | 51.74% |
| Pretax Margin | 5.63% |
| Profit Margin | 3.89% |
| EBITDA Margin | 68.64% |
| EBIT Margin | 51.30% |
| FCF Margin | -76.69% |
Dividends & Yields
RNW does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 7.85% |
| Shareholder Yield | 7.85% |
| Earnings Yield | 2.18% |
| FCF Yield | -42.96% |
Analyst Forecast
The average price target for RNW is $8.96, which is 58.30% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $8.96 |
| Price Target Difference | 58.30% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
RNW has an Altman Z-Score of 0.31 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.31 |
| Piotroski F-Score | 7 |