ReNew Energy Global Statistics
Total Valuation
RNW has a market cap or net worth of $2.28 billion. The enterprise value is $9.66 billion.
| Market Cap | 2.28B |
| Enterprise Value | 9.66B |
Important Dates
The last earnings date was Wednesday, June 5, 2024, after market close.
| Earnings Date | Jun 5, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RNW has 370.89 million shares outstanding. The number of shares has decreased by -4.56% in one year.
| Shares Outstanding | 370.89M |
| Shares Change (YoY) | -4.56% |
| Shares Change (QoQ) | +0.58% |
| Owned by Insiders (%) | 16.36% |
| Owned by Institutions (%) | 81.43% |
| Float | 52.72M |
Valuation Ratios
The trailing PE ratio is 52.41 and the forward PE ratio is 38.32.
| PE Ratio | 52.41 |
| Forward PE | 38.32 |
| PS Ratio | 1.95 |
| Forward PS | 2.01 |
| PB Ratio | 1.81 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 194.20 |
| EV / Sales | 8.27 |
| EV / EBITDA | 11.01 |
| EV / EBIT | 14.49 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.73, with a Debt / Equity ratio of 6.70.
| Current Ratio | 0.73 |
| Quick Ratio | 0.77 |
| Debt / Equity | 6.70 |
| Debt / EBITDA | 9.63 |
| Debt / FCF | n/a |
| Interest Coverage | 1.17 |
Financial Efficiency
Return on equity (ROE) is 3.90% and return on invested capital (ROIC) is 3.54%.
| Return on Equity (ROE) | 3.90% |
| Return on Assets (ROA) | 0.50% |
| Return on Capital (ROIC) | 3.54% |
| Revenue Per Employee | $470,798 |
| Profits Per Employee | $20,054 |
| Employee Count | 2,481 |
| Asset Turnover | 0.12 |
| Inventory Turnover | 2.67 |
Taxes
In the past 12 months, RNW has paid $47.86 million in taxes.
| Income Tax | 47.86M |
| Effective Tax Rate | 49.03% |
Stock Price Statistics
The stock price has increased by +9.45% in the last 52 weeks. The beta is 0.92, so RNW's price volatility has been similar to the market average.
| Beta (5Y) | 0.92 |
| 52-Week Price Change | +9.45% |
| 50-Day Moving Average | 6.09 |
| 200-Day Moving Average | 6.22 |
| Relative Strength Index (RSI) | 47.73 |
| Average Volume (20 Days) | 1,315,691 |
Short Selling Information
The latest short interest is 6.29 million, so 1.70% of the outstanding shares have been sold short.
| Short Interest | 6.29M |
| Short Previous Month | 4.35M |
| Short % of Shares Out | 1.70% |
| Short % of Float | 11.94% |
| Short Ratio (days to cover) | 3.49 |
Income Statement
In the last 12 months, RNW had revenue of $1.17 billion and earned $49.75 million in profits. Earnings per share was $0.12.
| Revenue | 1.17B |
| Gross Profit | 1.12B |
| Operating Income | 675.65M |
| Pretax Income | 97.54M |
| Net Income | 49.75M |
| EBITDA | 877.28M |
| EBIT | 666.64M |
| Earnings Per Share (EPS) | $0.12 |
Balance Sheet
The company has $1.06 billion in cash and $8.45 billion in debt, giving a net cash position of -$7.39 billion or -$19.91 per share.
| Cash & Cash Equivalents | 1.06B |
| Total Debt | 8.45B |
| Net Cash | -7.39B |
| Net Cash Per Share | -$19.91 |
| Equity (Book Value) | 1.26B |
| Book Value Per Share | 3.40 |
| Working Capital | -464.71M |
Cash Flow
In the last 12 months, operating cash flow was $953.67 million and capital expenditures -$1.97 billion, giving a free cash flow of -$1.02 billion.
| Operating Cash Flow | 953.67M |
| Capital Expenditures | -1.97B |
| Free Cash Flow | -1.02B |
| FCF Per Share | -$2.81 |
Margins
Gross margin is 95.91%, with operating and profit margins of 57.84% and 4.26%.
| Gross Margin | 95.91% |
| Operating Margin | 57.84% |
| Pretax Margin | 8.35% |
| Profit Margin | 4.26% |
| EBITDA Margin | 75.11% |
| EBIT Margin | 57.07% |
| FCF Margin | -87.08% |
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 | 4.56% |
| Shareholder Yield | 4.56% |
| Earnings Yield | 2.18% |
| FCF Yield | -44.67% |
Analyst Forecast
The average price target for RNW is $9.75, which is 58.80% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $9.75 |
| Price Target Difference | 58.80% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 5.56% |
| 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 0.33 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.33 |
| Piotroski F-Score | 7 |