ReNew Energy Global Plc (RNW)
NASDAQ: RNW · Real-Time Price · USD
5.79
+0.30 (5.39%)
Nov 21, 2024, 11:09 AM EST - Market open

ReNew Energy Global Statistics

Total Valuation

RNW has a market cap or net worth of $2.10 billion. The enterprise value is $9.77 billion.

Market Cap 2.10B
Enterprise Value 9.77B

Important Dates

The last earnings date was Tuesday, November 19, 2024, after market close.

Earnings Date Nov 19, 2024
Ex-Dividend Date n/a

Share Statistics

RNW has 362.63 million shares outstanding. The number of shares has decreased by -2.26% in one year.

Current Share Class 244.27M
Shares Outstanding 362.63M
Shares Change (YoY) -2.26%
Shares Change (QoQ) +0.55%
Owned by Insiders (%) 1.82%
Owned by Institutions (%) 76.96%
Float 69.44M

Valuation Ratios

The trailing PE ratio is 107.24 and the forward PE ratio is 28.40.

PE Ratio 107.24
Forward PE 28.40
PS Ratio 1.99
Forward PS 2.44
PB Ratio 1.48
P/TBV Ratio 2.22
P/FCF Ratio n/a
P/OCF Ratio 2.50
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 412.60
EV / Sales 9.78
EV / EBITDA 12.56
EV / EBIT 17.50
EV / FCF n/a

Financial Position

The company has a current ratio of 0.65, with a Debt / Equity ratio of 5.46.

Current Ratio 0.65
Quick Ratio 0.56
Debt / Equity 5.46
Debt / EBITDA 10.79
Debt / FCF n/a
Interest Coverage 1.09

Financial Efficiency

Return on equity (ROE) is 2.15% and return on invested capital (ROIC) is 3.76%.

Return on Equity (ROE) 2.15%
Return on Assets (ROA) 3.35%
Return on Capital (ROIC) 3.76%
Revenue Per Employee $250,383
Profits Per Employee $5,935
Employee Count 3,988
Asset Turnover 0.10
Inventory Turnover 1.81

Taxes

In the past 12 months, RNW has paid $72.43 million in taxes.

Income Tax 72.43M
Effective Tax Rate 69.00%

Stock Price Statistics

The stock price has decreased by -7.42% in the last 52 weeks. The beta is 0.95, so RNW's price volatility has been similar to the market average.

Beta (5Y) 0.95
52-Week Price Change -7.42%
50-Day Moving Average 5.92
200-Day Moving Average 5.99
Relative Strength Index (RSI) 43.89
Average Volume (20 Days) 708,885

Short Selling Information

The latest short interest is 6.94 million, so 1.91% of the outstanding shares have been sold short.

Short Interest 6.94M
Short Previous Month 6.76M
Short % of Shares Out 1.91%
Short % of Float 9.99%
Short Ratio (days to cover) 7.60

Income Statement

In the last 12 months, RNW had revenue of $998.53 million and earned $23.67 million in profits. Earnings per share was $0.05.

Revenue 998.53M
Gross Profit 963.78M
Operating Income 557.97M
Pretax Income 88.17M
Net Income 23.67M
EBITDA 777.75M
EBIT 557.97M
Earnings Per Share (EPS) $0.05
Full Income Statement

Balance Sheet

The company has $881.46 million in cash and $8.45 billion in debt, giving a net cash position of -$7.57 billion or -$20.87 per share.

Cash & Cash Equivalents 881.46M
Total Debt 8.45B
Net Cash -7.57B
Net Cash Per Share -$20.87
Equity (Book Value) 1.55B
Book Value Per Share 3.70
Working Capital -709.24M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $794.95 million and capital expenditures -$1.61 billion, giving a free cash flow of -$810.12 million.

Operating Cash Flow 794.95M
Capital Expenditures -1.61B
Free Cash Flow -810.12M
FCF Per Share -$2.23
Full Cash Flow Statement

Margins

Gross margin is 96.52%, with operating and profit margins of 55.88% and 2.37%.

Gross Margin 96.52%
Operating Margin 55.88%
Pretax Margin 10.51%
Profit Margin 2.37%
EBITDA Margin 77.89%
EBIT Margin 55.88%
FCF Margin -87.36%

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 2.26%
Shareholder Yield 2.26%
Earnings Yield 1.19%
FCF Yield -40.69%

Analyst Forecast

The average price target for RNW is $8.67, which is 49.84% higher than the current price. The consensus rating is "Strong Buy".

Price Target $8.67
Price Target Difference 49.84%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 9.54%
EPS Growth Forecast (5Y) 49.36%
Stock Forecasts

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

Altman Z-Score n/a
Piotroski F-Score 6