RENOVA (9519) 주식 개요는 일본에서 재생 에너지 발전소 개발 및 운영 사업을 하고 있습니다. 자세히 보기9519 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장1/6과거 실적1/6재무 건전성2/6배당0/6강점공정 가치 추정치보다 낮은 44.3% 에서 거래수익은 매년 8.58% 증가할 것으로 예상됩니다.위험 분석이자 지급액이 수익으로 잘 충당되지 않음지난 3개월 동안 주가 변동성이 JP 시장과 비교했을 때 매우 높았습니다.재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기9519 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW495,270 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG495,270 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥1.00k41.0% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0105b2016201920222025202620282031Revenue JP¥104.8bEarnings JP¥4.0bAdvancedSet Fair ValueView all narrativesRENOVA, Inc. 경쟁사eREXLtdSymbol: TSE:9517Market cap: JP¥59.5bEF-ONSymbol: TSE:9514Market cap: JP¥6.9bSaibu Gas HoldingsLtdSymbol: TSE:9536Market cap: JP¥81.2bShizuoka GasSymbol: TSE:9543Market cap: JP¥91.9b가격 이력 및 성과RENOVA 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥1,000.0052주 최고가JP¥1,400.0052주 최저가JP¥616.00베타-0.481개월 변동-2.53%3개월 변동10.13%1년 변동33.33%3년 변동-34.90%5년 변동-79.42%IPO 이후 변동180.70%최근 뉴스 및 업데이트공시 • Jul 01RENOVA, Inc. to Report Q1, 2027 Results on Aug 06, 2026RENOVA, Inc. announced that they will report Q1, 2027 results on Aug 06, 2026Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥36.59 (up from JP¥29.85 in FY 2025). Revenue: JP¥87.6b (up 25% from FY 2025). Net income: JP¥3.31b (up 23% from FY 2025). Profit margin: 3.8% (in line with FY 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 76%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • May 13RENOVA, Inc., Annual General Meeting, Jun 19, 2026RENOVA, Inc., Annual General Meeting, Jun 19, 2026.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total loss to shareholders of 41% over the past three years.공시 • Apr 04RENOVA, Inc. to Report Fiscal Year 2026 Results on May 13, 2026RENOVA, Inc. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥926, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 53% over the past three years.더 많은 업데이트 보기Recent updates공시 • Jul 01RENOVA, Inc. to Report Q1, 2027 Results on Aug 06, 2026RENOVA, Inc. announced that they will report Q1, 2027 results on Aug 06, 2026Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥36.59 (up from JP¥29.85 in FY 2025). Revenue: JP¥87.6b (up 25% from FY 2025). Net income: JP¥3.31b (up 23% from FY 2025). Profit margin: 3.8% (in line with FY 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 76%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • May 13RENOVA, Inc., Annual General Meeting, Jun 19, 2026RENOVA, Inc., Annual General Meeting, Jun 19, 2026.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total loss to shareholders of 41% over the past three years.공시 • Apr 04RENOVA, Inc. to Report Fiscal Year 2026 Results on May 13, 2026RENOVA, Inc. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥926, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 53% over the past three years.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥817, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 58% over the past three years.New Risk • Feb 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings are forecast to decline by an average of 8.6% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change).분석 기사 • Feb 13Impressive Earnings May Not Tell The Whole Story For RENOVA (TSE:9519)RENOVA, Inc.'s ( TSE:9519 ) stock was strong after they recently reported robust earnings. We did some analysis and...Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥3.54 (vs JP¥8.66 loss in 3Q 2025)Third quarter 2026 results: EPS: JP¥3.54 (up from JP¥8.66 loss in 3Q 2025). Revenue: JP¥23.4b (up 56% from 3Q 2025). Net income: JP¥320.0m (up JP¥1.10b from 3Q 2025). Profit margin: 1.4% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.분석 기사 • Jan 15Insufficient Growth At RENOVA, Inc. (TSE:9519) Hampers Share PriceWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider...Price Target Changed • Jan 14Price target increased by 11% to JP¥1,093Up from JP¥982, the current price target is an average from 4 analysts. New target price is 61% above last closing price of JP¥679. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of JP¥20.53 for next year compared to JP¥29.85 last year.공시 • Nov 29RENOVA, Inc. to Report Q3, 2026 Results on Feb 06, 2026RENOVA, Inc. announced that they will report Q3, 2026 results on Feb 06, 2026공시 • Oct 14Renova, Inc.'s Subsidiary Omaezakikou Biomass Power Plant G.K Announces Resumption of Operation of Omaezakikou Biomass Power PlantRENOVA, Inc. announced that Omaezakikou Biomass Power Plant, which is owned by its consolidated subsidiary, Omaezakikou Biomass Power Plant G.K., resumed operation on October 10, upon completion of the inspection and repair work that had been conducted since June 2025, with the restart of operation timing having been rescheduled to October as announced on September 22, 2025. Under the initial plan for the current fiscal year (ending March 31, 2026), scheduled maintenance of approximately 20 days was planned in January 2026. Since the major inspection and preventative maintenance works to be conducted during the scheduled maintenance have been completed as part of the recent repair work, the planned January 2026 maintenance has become unnecessary. Accordingly, RENOVA plans to conduct only a follow-up inspection of the repaired areas in January 2026. Although the suspension of operation causes a decrease in revenue, the overall impact on the financial results for the current fiscal year (ending March 31, 2026) is expected to be minor. This is primarily due to the several factors that include the completion of the aforementioned scheduled maintenance at Omaezakikou Biomass Power Plant, a certain level of buffer for unscheduled suspension that was already included in the full-year forecast for the biomass power generation business, an increase in profit from lower spot fuel prices, and the recording of additional business development fees from storage battery businesses which were not included in the initial forecast.공시 • Oct 10+ 1 more updateRENOVA, Inc. Provides Electricity Sales Guidance for the October 2025, November 2025, December 2025, January 2026, February 2026, March 2026 and Full Fiscal Year Ending March 31, 2026RENOVA, Inc. provided electricity sales guidance for the October 2025, November 2025, December 2025, January 2026, February 2026, March 2026 and full fiscal year Ending March 31, 2026. For the month of October 2025, the company's planned electricity sales of 320,085,494 kWh. For the month of November 2025, the company's planned electricity sales of 286,726,026 kWh. For the month of December 2025, the company's planned electricity sales of 303,497,615 kWh. For the month of January 2026, the company's planned electricity sales of 283,964,187 kWh. For the month of February 2026, the company's planned electricity sales of 294,540,218 kWh. For the month of March 2026, the company's planned electricity sales of 301,613,178 kWh. For the full fiscal year Ending March 31, 2026, the company's planned electricity sales of 3,374,042,622 kWh.분석 기사 • Oct 02These 4 Measures Indicate That RENOVA (TSE:9519) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...공시 • Oct 01RENOVA, Inc. (TSE:9519) acquired an additional 16% stake in Karatsu Biomass Energy GK from JA Mitsui Leasing, Ltd. for approximately ¥610 million.RENOVA, Inc. (TSE:9519) acquired an additional 16% stake in Karatsu Biomass Energy GK from JA Mitsui Leasing, Ltd. for approximately ¥610 million on September 30, 2025. A cash consideration of ¥613 million will be paid by RENOVA, Inc. Upon completion, RENOVA, Inc. will own 51% stake in Karatsu Biomass Energy GK. For the period ending March 31, 2025, Karatsu Biomass Energy GK reported operating loss of ¥1 million. As of March 31, 2025, Karatsu Biomass Energy GK reported total assets of ¥47.13 billion and total common equity of ¥13.5 billion. RENOVA, Inc. (TSE:9519) completed the acquisition of an additional 16% stake in Karatsu Biomass Energy GK from JA Mitsui Leasing, Ltd. on September 30, 2025.공시 • Aug 14RENOVA, Inc. to Report Q2, 2026 Results on Nov 10, 2025RENOVA, Inc. announced that they will report Q2, 2026 results on Nov 10, 2025분석 기사 • Aug 08RENOVA, Inc.'s (TSE:9519) Share Price Could Signal Some RiskTSE:9519 1 Year Share Price vs Fair Value Explore RENOVA's Fair Values from the Community and select yours With a...Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥9.53 (vs JP¥3.73 in 1Q 2025)First quarter 2026 results: EPS: JP¥9.53 (up from JP¥3.73 in 1Q 2025). Revenue: JP¥20.5b (up 35% from 1Q 2025). Net income: JP¥862.0m (up 160% from 1Q 2025). Profit margin: 4.2% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥749, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 72% over the past three years.Reported Earnings • Jun 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥29.85 (down from JP¥112 in FY 2024). Revenue: JP¥70.2b (up 57% from FY 2024). Net income: JP¥2.69b (down 70% from FY 2024). Profit margin: 3.8% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.1%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.Major Estimate Revision • Jun 17Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥96.7b to JP¥94.4b. EPS estimate rose from JP¥16.50 to JP¥20.73. Net income forecast to shrink 30% next year vs 17% growth forecast for Renewable Energy industry in Japan . Consensus price target of JP¥978 unchanged from last update. Share price fell 6.4% to JP¥633 over the past week.Reported Earnings • May 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥29.85 (down from JP¥112 in FY 2024). Revenue: JP¥70.2b (up 57% from FY 2024). Net income: JP¥2.69b (down 70% from FY 2024). Profit margin: 3.8% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.공시 • May 12+ 1 more updateRENOVA, Inc., Annual General Meeting, Jun 19, 2025RENOVA, Inc., Annual General Meeting, Jun 19, 2025.Price Target Changed • May 04Price target decreased by 14% to JP¥978Down from JP¥1,135, the current price target is an average from 5 analysts. New target price is 50% above last closing price of JP¥653. Stock is down 56% over the past year. The company is forecast to post earnings per share of JP¥30.50 for next year compared to JP¥112 last year.Major Estimate Revision • Apr 26Consensus EPS estimates fall by 59%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥72.3b to JP¥75.6b. EPS estimate fell from JP¥73.13 to JP¥30.00 per share. Net income forecast to grow 63% next year vs 15% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥1,096 unchanged from last update. Share price rose 12% to JP¥657 over the past week.공시 • Apr 16RENOVA, Inc. to Report Q1, 2026 Results on Aug 07, 2025RENOVA, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025분석 기사 • Apr 07The Price Is Right For RENOVA, Inc. (TSE:9519) Even After Diving 31%RENOVA, Inc. ( TSE:9519 ) shareholders that were waiting for something to happen have been dealt a blow with a 31...Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥551, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 68% over the past three years.분석 기사 • Apr 01Here's What's Concerning About RENOVA's (TSE:9519) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...공시 • Mar 28RENOVA, Inc. to Report Fiscal Year 2025 Results on May 12, 2025RENOVA, Inc. announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on May 12, 2025Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥731, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 45% over the past three years.New Risk • Feb 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 222% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).Reported Earnings • Feb 08Third quarter 2025 earnings released: JP¥8.67 loss per share (vs JP¥40.13 profit in 3Q 2024)Third quarter 2025 results: JP¥8.67 loss per share (down from JP¥40.13 profit in 3Q 2024). Revenue: JP¥14.9b (up 33% from 3Q 2024). Net loss: JP¥784.0m (down 125% from profit in 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.분석 기사 • Feb 04Positive Sentiment Still Eludes RENOVA, Inc. (TSE:9519) Following 25% Share Price SlumpUnfortunately for some shareholders, the RENOVA, Inc. ( TSE:9519 ) share price has dived 25% in the last thirty days...분석 기사 • Nov 21There May Be Underlying Issues With The Quality Of RENOVA's (TSE:9519) EarningsRENOVA, Inc. ( TSE:9519 ) announced strong profits, but the stock was stagnant. Our analysis suggests that this might...공시 • Nov 20RENOVA, Inc. to Report Q3, 2025 Results on Feb 07, 2025RENOVA, Inc. announced that they will report Q3, 2025 results on Feb 07, 2025Reported Earnings • Nov 09Second quarter 2025 earnings released: JP¥5.07 loss per share (vs JP¥18.57 profit in 2Q 2024)Second quarter 2025 results: JP¥5.07 loss per share (down from JP¥18.57 profit in 2Q 2024). Revenue: JP¥18.5b (up 107% from 2Q 2024). Net loss: JP¥459.0m (down 131% from profit in 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings.분석 기사 • Oct 11Is RENOVA (TSE:9519) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Price Target Changed • Oct 08Price target decreased by 22% to JP¥1,110Down from JP¥1,430, the current price target is an average from 6 analysts. New target price is 19% above last closing price of JP¥934. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥67.45 for next year compared to JP¥112 last year.분석 기사 • Sep 10Returns On Capital Signal Tricky Times Ahead For RENOVA (TSE:9519)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...공시 • Aug 10RENOVA, Inc. to Report Q2, 2025 Results on Nov 07, 2024RENOVA, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024Major Estimate Revision • Aug 06Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥78.8b to JP¥76.3b. EPS estimate rose from JP¥70.42 to JP¥78.54. Net income forecast to shrink 25% next year vs 26% growth forecast for Renewable Energy industry in Japan . Consensus price target down from JP¥1,470 to JP¥1,430. Share price fell 19% to JP¥745 over the past week.분석 기사 • Aug 06Little Excitement Around RENOVA, Inc.'s (TSE:9519) Earnings As Shares Take 33% PoundingUnfortunately for some shareholders, the RENOVA, Inc. ( TSE:9519 ) share price has dived 33% in the last thirty days...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥645, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 86% over the past three years.Reported Earnings • Jun 25Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: JP¥112 (up from JP¥34.08 in FY 2023). Revenue: JP¥44.7b (up 33% from FY 2023). Net income: JP¥8.86b (up 231% from FY 2023). Profit margin: 20% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 8.6%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings.공시 • Jun 05RENOVA, Inc. to Report Q1, 2025 Results on Aug 08, 2024RENOVA, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024Major Estimate Revision • May 29Consensus EPS estimates increase by 10%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥81.7b to JP¥80.3b. EPS estimate rose from JP¥61.80 to JP¥68.08. Net income forecast to shrink 37% next year vs 29% growth forecast for Renewable Energy industry in Japan . Consensus price target down from JP¥1,525 to JP¥1,470. Share price fell 5.2% to JP¥1,016 over the past week.분석 기사 • May 23Earnings Working Against RENOVA, Inc.'s (TSE:9519) Share Price Following 31% DiveRENOVA, Inc. ( TSE:9519 ) shareholders won't be pleased to see that the share price has had a very rough month...분석 기사 • May 22RENOVA's (TSE:9519) Performance Raises Some QuestionsThe latest earnings release from RENOVA, Inc. ( TSE:9519 ) disappointed investors. We did some analysis and believe...New Risk • May 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 263% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).분석 기사 • May 10RENOVA, Inc. Just Missed Earnings - But Analysts Have Updated Their ModelsShareholders in RENOVA, Inc. ( TSE:9519 ) had a terrible week, as shares crashed 23% to JP¥1,142 in the week since its...공시 • May 10RENOVA, Inc., Annual General Meeting, Jun 20, 2024RENOVA, Inc., Annual General Meeting, Jun 20, 2024.Reported Earnings • May 09Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: JP¥112 (up from JP¥34.08 in FY 2023). Revenue: JP¥44.7b (up 33% from FY 2023). Net income: JP¥8.86b (up 231% from FY 2023). Profit margin: 20% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,186, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Renewable Energy industry in Japan. Total loss to shareholders of 63% over the past three years.Major Estimate Revision • May 09Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥83.1b to JP¥81.7b. EPS estimate rose from JP¥58.05 to JP¥73.07. Net income forecast to grow 62% next year vs 40% growth forecast for Renewable Energy industry in Japan. Consensus price target broadly unchanged at JP¥1,525. Share price fell 20% to JP¥1,186 over the past week.공시 • May 09+ 1 more updateRENOVA, Inc. Announces Management ChangesRENOVA, Inc. announced the appointment of Junichiro Ando to the new position of Audit & Supervisory Board Member from the former position of Head of Corporate Administration Division. Career Summary: April 1995 Joined Kumagai Gumi Co. Ltd., March 2007 Manager, Internal Control Promotion Office, Kumagai Gumi Co. Ltd., April 2009 Manager, Accounting Department, Administration Division, Kumagai Gumi Co. Ltd., August 2013 Internal Audit Office, RENOVA, Inc., April 2017 Head of Internal Audit Office, RENOVA, Inc., April 2022 Head of Corporate Administration Division, RENOVA, Inc. (to present). The company also announced Outgoing of Noriyasu Kaneko as Audit & Supervisory Board Member. The company also announced the appointment of Kazushi Yamaguchi to the new position of Head of Corporate Administration Division. The company also announced Outgoing of Junichiro Ando as Head of Corporate Administration Division.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,545, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Renewable Energy industry in Japan. Total loss to shareholders of 55% over the past three years.New Risk • Apr 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).공시 • Apr 03RENOVA, Inc. announced that it expects to receive ¥17.8164 billion in funding from Tokyo Gas Co.,Ltd.RENOVA Inc. announced that it has entered into Capital and Business Alliance Agreement with new investor Tokyo Gas Co., Ltd. to issue 11,877,600 common shares at an issue price of ¥1,500 per share for the gross proceeds of ¥17,816,400,000 on April 1, 2024. The transaction has been approved by the shareholders of the company and is expected to close on April 17, 2024. The company has disclosed the issue expenses of ¥70,000,000 and the net proceeds of ¥17,816,400,000. Post completion; the investor will acquire 13.04% stake in company.분석 기사 • Mar 20RENOVA (TSE:9519) Will Want To Turn Around Its Return TrendsFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Major Estimate Revision • Feb 14Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥45.1b to JP¥44.4b. EPS estimate also fell from JP¥161 per share to JP¥141 per share. Net income forecast to grow 39% next year vs 34% growth forecast for Renewable Energy industry in Japan. Consensus price target broadly unchanged at JP¥1,593. Share price was steady at JP¥1,200 over the past week.공시 • Feb 13RENOVA, Inc. to Report Fiscal Year 2024 Results on May 08, 2024RENOVA, Inc. announced that they will report fiscal year 2024 results on May 08, 2024Reported Earnings • Feb 09Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥40.13 (up from JP¥6.69 loss in 3Q 2023). Revenue: JP¥11.5b (up 54% from 3Q 2023). Net income: JP¥3.17b (up JP¥3.69b from 3Q 2023). Profit margin: 28% (up from net loss in 3Q 2023). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.공시 • Dec 22Renova, Inc. Announces Notice Concerning Schedule Change for the Start of Operation At Omaezakikou Biomass Power PlantRENOVA, Inc. has been proceeding with commissioning at the Omaezakikou Biomass Power Plant owned by Omaezakikou biomass Energy G.K., an equity method affiliate of RENOVA, toward start of operation in December 2023. However, given the additional time required for final adjustments to the boiler and turbine facilities to ensure long-term stable operation at the plant, the schedule for the start of operation has been changed to March 2024 (planned). RENOVA also informs that the procedure for reschedule of the FIT period for the project planning to apply, and the FIT electricity sales period is from March 2024 to February 2044. OmaezakikouBiomass Energy G.K. has received Liquidated Damages from the EPC due to the change for the start of commercial operation based on the EPC contract. The impact on financial results for the current fiscal year (ending March 2024) is currently being examined. If any further impacts identified in the future, the company will promptly make announcement.공시 • Dec 13RENOVA, Inc. Announces Executive ChangesRENOVA Inc. announced that, at a meeting of the board of directors held on December 13, 2023, it resolved and preliminarily decided to implement changes of personnel. Changes of Personnel (As of January 1, 2024): Ryota Suzuki, Co-Head of Operation Division as Head of Operation Division. Outgoing (As of December 31, 2023): Masayoshi Oide, Head of Operation Division.공시 • Nov 24RENOVA, Inc. to Report Q3, 2024 Results on Feb 07, 2024RENOVA, Inc. announced that they will report Q3, 2024 results on Feb 07, 2024Price Target Changed • Nov 14Price target decreased by 9.8% to JP¥1,582Down from JP¥1,753, the current price target is an average from 6 analysts. New target price is 57% above last closing price of JP¥1,010. Stock is down 65% over the past year. The company is forecast to post earnings per share of JP¥156 for next year compared to JP¥34.08 last year.Reported Earnings • Nov 08Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: JP¥18.56 (up from JP¥2.33 in 2Q 2023). Revenue: JP¥8.96b (up 1.6% from 2Q 2023). Net income: JP¥1.46b (up JP¥1.28b from 2Q 2023). Profit margin: 16% (up from 2.1% in 2Q 2023). Revenue missed analyst estimates by 37%. Earnings per share (EPS) exceeded analyst estimates by 87%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 20Price target decreased by 8.1% to JP¥1,753Down from JP¥1,908, the current price target is an average from 6 analysts. New target price is 62% above last closing price of JP¥1,082. Stock is down 68% over the past year. The company is forecast to post earnings per share of JP¥149 for next year compared to JP¥34.08 last year.공시 • Sep 18RENOVA, Inc.(TSE:9519) dropped from FTSE All-World Index (USD)RENOVA, Inc.(TSE:9519) dropped from FTSE All-World Index (USD)공시 • Aug 27RENOVA, Inc. to Report Q2, 2024 Results on Nov 07, 2023RENOVA, Inc. announced that they will report Q2, 2024 results on Nov 07, 2023Reported Earnings • Aug 08First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: JP¥17.20 (down from JP¥59.04 in 1Q 2023). Revenue: JP¥9.60b (up 13% from 1Q 2023). Net income: JP¥1.35b (down 71% from 1Q 2023). Profit margin: 14% (down from 54% in 1Q 2023). Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Jun 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥34.08 (up from JP¥20.24 in FY 2022). Revenue: JP¥33.6b (up 15% from FY 2022). Net income: JP¥2.68b (up 69% from FY 2022). Profit margin: 8.0% (up from 5.4% in FY 2022). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.공시 • Jun 01RENOVA, Inc. (TSE:9519) acquired remaining 62% stake in Hitoyoshi Solar T.K. from Fuyo General Lease Co., Ltd. (TSE:8424).RENOVA, Inc. (TSE:9519) acquired remaining 62% stake in Hitoyoshi Solar T.K. from Fuyo General Lease Co., Ltd. (TSE:8424) on May 31, 2023. Hitoyoshi Solar has reported net assets of ¥1 million and total assets of ¥7.15 billion during fiscal year ended March 2023. RENOVA, Inc. (TSE:9519) completed the acquisition of remaining 62% stake in Hitoyoshi Solar T.K. from Fuyo General Lease Co., Ltd. (TSE:8424) on May 31, 2023.공시 • May 17RENOVA, Inc. Provides Electricity Sales Guidance for the Full Year Ending March 31, 2024RENOVA, Inc. provided electricity sales guidance for the full year ending March 31, 2024. For the year, the company expects to generate electricity sales of 2,297,728,004 kWh.Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,656, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Renewable Energy industry in Japan. Total returns to shareholders of 88% over the past three years.공시 • May 13RENOVA, Inc. to Report Q1, 2024 Results on Aug 07, 2023RENOVA, Inc. announced that they will report Q1, 2024 results on Aug 07, 2023Reported Earnings • May 10Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥34.08 (up from JP¥20.24 in FY 2022). Revenue: JP¥33.6b (up 15% from FY 2022). Net income: JP¥2.68b (up 69% from FY 2022). Profit margin: 8.0% (up from 5.4% in FY 2022). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Major Estimate Revision • May 10Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥72.0b to JP¥69.7b. EPS estimate rose from JP¥104 to JP¥123. Net income forecast to grow 145% next year vs 39% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥2,407 unchanged from last update. Share price fell 15% to JP¥1,626 over the past week.공시 • May 08RENOVA, Inc., Annual General Meeting, Jun 20, 2023RENOVA, Inc., Annual General Meeting, Jun 20, 2023.Price Target Changed • Apr 28Price target decreased by 8.5% to JP¥2,407Down from JP¥2,632, the current price target is an average from 6 analysts. New target price is 25% above last closing price of JP¥1,918. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥42.56 for next year compared to JP¥20.24 last year.Price Target Changed • Apr 26Price target decreased by 8.5% to JP¥2,407Down from JP¥2,632, the current price target is an average from 6 analysts. New target price is 20% above last closing price of JP¥2,007. Stock is up 24% over the past year. The company is forecast to post earnings per share of JP¥42.56 for next year compared to JP¥20.24 last year.Reported Earnings • Feb 12Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: JP¥6.69 loss per share (improved from JP¥65.40 loss in 3Q 2022). Revenue: JP¥7.46b (down 3.7% from 3Q 2022). Net loss: JP¥526.0m (loss narrowed 90% from 3Q 2022). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Price Target Changed • Feb 09Price target decreased by 16% to JP¥2,217Down from JP¥2,627, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥2,181. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥45.97 for next year compared to JP¥20.24 last year.공시 • Feb 09RENOVA, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023RENOVA, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expects revenue of JPY 35,500 million, operating profit of JPY 8,700 million, profit attributable to owners of parent of JPY 2,900 million and basic earnings per share of JPY 36.77.공시 • Dec 28RENOVA, Inc. to Report Q3, 2023 Results on Feb 09, 2023RENOVA, Inc. announced that they will report Q3, 2023 results on Feb 09, 2023Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Ken Takayama was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 09Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥2.33 (down from JP¥75.97 in 2Q 2022). Revenue: JP¥8.81b (up 22% from 2Q 2022). Net income: JP¥183.0m (down 97% from 2Q 2022). Profit margin: 2.1% (down from 82% in 2Q 2022). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in Japan.공시 • Nov 07RENOVA, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023RENOVA, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue of JPY 35,500 million, operating profit of JPY 8,700 million, profit for the period attributable to owners of the parent of JPY 2,900 million and basic earnings per share of JPY 36.77.Buying Opportunity • Nov 02Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be JP¥3,935, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 7.1% per annum over the same time period.Buying Opportunity • Oct 13Now 20% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be JP¥4,322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.Price Target Changed • Oct 05Price target increased to JP¥2,412Up from JP¥2,057, the current price target is an average from 7 analysts. New target price is 37% below last closing price of JP¥3,800. Stock is down 14% over the past year. The company is forecast to post earnings per share of JP¥42.04 for next year compared to JP¥20.24 last year.Buying Opportunity • Sep 21Now 21% undervaluedOver the last 90 days, the stock is up 70%. The fair value is estimated to be JP¥4,449, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings is also forecast to grow by 6.7% per annum over the same time period.주주 수익률9519JP Renewable EnergyJP 시장7D9.4%2.1%2.1%1Y33.3%30.7%44.1%전체 주주 수익률 보기수익률 대 산업: 9519은 지난 1년 동안 30.7%의 수익을 기록한 JP Renewable Energy 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 9519은 지난 1년 동안 44.1%를 기록한 JP 시장보다 저조한 성과를 냈습니다.주가 변동성Is 9519's price volatile compared to industry and market?9519 volatility9519 Average Weekly Movement9.4%Renewable Energy Industry Average Movement7.8%Market Average Movement4.3%10% most volatile stocks in JP Market9.2%10% least volatile stocks in JP Market2.1%안정적인 주가: 9519의 주가는 지난 3개월 동안 JP 시장보다 변동성이 컸습니다.시간에 따른 변동성: 9519의 주간 변동성(9%)은 지난 1년 동안 안정적이었지만 JP 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2000314Yosuke Kiminamiwww.renovainc.com레노바는 일본에서 재생 에너지 발전소 개발 및 운영 사업을 하고 있습니다. 재생 에너지 발전 사업과 재생 에너지 개발 및 운영 사업 부문을 통해 운영됩니다. 재생 에너지 발전 사업 부문은 재생 에너지 발전소에서 전기를 생산하고 판매합니다.더 보기RENOVA, Inc. 기초 지표 요약RENOVA의 순이익과 매출은 시가총액과 어떻게 비교됩니까?9519 기초 통계시가총액JP¥90.40b순이익 (TTM)JP¥3.31b매출 (TTM)JP¥87.62b27.3x주가수익비율(P/E)1.0x주가매출비율(P/S)9519는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표9519 손익계산서 (TTM)매출JP¥87.62b매출원가JP¥68.16b총이익JP¥19.47b기타 비용JP¥16.16b순이익JP¥3.31b최근 보고된 실적Mar 31, 2026다음 실적 발표일Aug 06, 2026주당순이익(EPS)36.59총이익률22.21%순이익률3.78%부채/자본 비율178.7%9519의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/05 14:00종가2026/07/03 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스RENOVA, Inc.는 9명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Citi ResearchCitigroup IncYui ShojiCitigroup IncSyusaku NishikawaDaiwa Securities Co. Ltd.6명의 분석가 더 보기
공시 • Jul 01RENOVA, Inc. to Report Q1, 2027 Results on Aug 06, 2026RENOVA, Inc. announced that they will report Q1, 2027 results on Aug 06, 2026
Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥36.59 (up from JP¥29.85 in FY 2025). Revenue: JP¥87.6b (up 25% from FY 2025). Net income: JP¥3.31b (up 23% from FY 2025). Profit margin: 3.8% (in line with FY 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 76%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • May 13RENOVA, Inc., Annual General Meeting, Jun 19, 2026RENOVA, Inc., Annual General Meeting, Jun 19, 2026.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total loss to shareholders of 41% over the past three years.
공시 • Apr 04RENOVA, Inc. to Report Fiscal Year 2026 Results on May 13, 2026RENOVA, Inc. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥926, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 53% over the past three years.
공시 • Jul 01RENOVA, Inc. to Report Q1, 2027 Results on Aug 06, 2026RENOVA, Inc. announced that they will report Q1, 2027 results on Aug 06, 2026
Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: JP¥36.59 (up from JP¥29.85 in FY 2025). Revenue: JP¥87.6b (up 25% from FY 2025). Net income: JP¥3.31b (up 23% from FY 2025). Profit margin: 3.8% (in line with FY 2025). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 76%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • May 13RENOVA, Inc., Annual General Meeting, Jun 19, 2026RENOVA, Inc., Annual General Meeting, Jun 19, 2026.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,131, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Renewable Energy industry in Asia. Total loss to shareholders of 41% over the past three years.
공시 • Apr 04RENOVA, Inc. to Report Fiscal Year 2026 Results on May 13, 2026RENOVA, Inc. announced that they will report fiscal year 2026 results at 3:30 PM, Tokyo Standard Time on May 13, 2026
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥926, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 53% over the past three years.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to JP¥817, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 58% over the past three years.
New Risk • Feb 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings are forecast to decline by an average of 8.6% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change).
분석 기사 • Feb 13Impressive Earnings May Not Tell The Whole Story For RENOVA (TSE:9519)RENOVA, Inc.'s ( TSE:9519 ) stock was strong after they recently reported robust earnings. We did some analysis and...
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥3.54 (vs JP¥8.66 loss in 3Q 2025)Third quarter 2026 results: EPS: JP¥3.54 (up from JP¥8.66 loss in 3Q 2025). Revenue: JP¥23.4b (up 56% from 3Q 2025). Net income: JP¥320.0m (up JP¥1.10b from 3Q 2025). Profit margin: 1.4% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
분석 기사 • Jan 15Insufficient Growth At RENOVA, Inc. (TSE:9519) Hampers Share PriceWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
Price Target Changed • Jan 14Price target increased by 11% to JP¥1,093Up from JP¥982, the current price target is an average from 4 analysts. New target price is 61% above last closing price of JP¥679. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of JP¥20.53 for next year compared to JP¥29.85 last year.
공시 • Nov 29RENOVA, Inc. to Report Q3, 2026 Results on Feb 06, 2026RENOVA, Inc. announced that they will report Q3, 2026 results on Feb 06, 2026
공시 • Oct 14Renova, Inc.'s Subsidiary Omaezakikou Biomass Power Plant G.K Announces Resumption of Operation of Omaezakikou Biomass Power PlantRENOVA, Inc. announced that Omaezakikou Biomass Power Plant, which is owned by its consolidated subsidiary, Omaezakikou Biomass Power Plant G.K., resumed operation on October 10, upon completion of the inspection and repair work that had been conducted since June 2025, with the restart of operation timing having been rescheduled to October as announced on September 22, 2025. Under the initial plan for the current fiscal year (ending March 31, 2026), scheduled maintenance of approximately 20 days was planned in January 2026. Since the major inspection and preventative maintenance works to be conducted during the scheduled maintenance have been completed as part of the recent repair work, the planned January 2026 maintenance has become unnecessary. Accordingly, RENOVA plans to conduct only a follow-up inspection of the repaired areas in January 2026. Although the suspension of operation causes a decrease in revenue, the overall impact on the financial results for the current fiscal year (ending March 31, 2026) is expected to be minor. This is primarily due to the several factors that include the completion of the aforementioned scheduled maintenance at Omaezakikou Biomass Power Plant, a certain level of buffer for unscheduled suspension that was already included in the full-year forecast for the biomass power generation business, an increase in profit from lower spot fuel prices, and the recording of additional business development fees from storage battery businesses which were not included in the initial forecast.
공시 • Oct 10+ 1 more updateRENOVA, Inc. Provides Electricity Sales Guidance for the October 2025, November 2025, December 2025, January 2026, February 2026, March 2026 and Full Fiscal Year Ending March 31, 2026RENOVA, Inc. provided electricity sales guidance for the October 2025, November 2025, December 2025, January 2026, February 2026, March 2026 and full fiscal year Ending March 31, 2026. For the month of October 2025, the company's planned electricity sales of 320,085,494 kWh. For the month of November 2025, the company's planned electricity sales of 286,726,026 kWh. For the month of December 2025, the company's planned electricity sales of 303,497,615 kWh. For the month of January 2026, the company's planned electricity sales of 283,964,187 kWh. For the month of February 2026, the company's planned electricity sales of 294,540,218 kWh. For the month of March 2026, the company's planned electricity sales of 301,613,178 kWh. For the full fiscal year Ending March 31, 2026, the company's planned electricity sales of 3,374,042,622 kWh.
분석 기사 • Oct 02These 4 Measures Indicate That RENOVA (TSE:9519) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
공시 • Oct 01RENOVA, Inc. (TSE:9519) acquired an additional 16% stake in Karatsu Biomass Energy GK from JA Mitsui Leasing, Ltd. for approximately ¥610 million.RENOVA, Inc. (TSE:9519) acquired an additional 16% stake in Karatsu Biomass Energy GK from JA Mitsui Leasing, Ltd. for approximately ¥610 million on September 30, 2025. A cash consideration of ¥613 million will be paid by RENOVA, Inc. Upon completion, RENOVA, Inc. will own 51% stake in Karatsu Biomass Energy GK. For the period ending March 31, 2025, Karatsu Biomass Energy GK reported operating loss of ¥1 million. As of March 31, 2025, Karatsu Biomass Energy GK reported total assets of ¥47.13 billion and total common equity of ¥13.5 billion. RENOVA, Inc. (TSE:9519) completed the acquisition of an additional 16% stake in Karatsu Biomass Energy GK from JA Mitsui Leasing, Ltd. on September 30, 2025.
공시 • Aug 14RENOVA, Inc. to Report Q2, 2026 Results on Nov 10, 2025RENOVA, Inc. announced that they will report Q2, 2026 results on Nov 10, 2025
분석 기사 • Aug 08RENOVA, Inc.'s (TSE:9519) Share Price Could Signal Some RiskTSE:9519 1 Year Share Price vs Fair Value Explore RENOVA's Fair Values from the Community and select yours With a...
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥9.53 (vs JP¥3.73 in 1Q 2025)First quarter 2026 results: EPS: JP¥9.53 (up from JP¥3.73 in 1Q 2025). Revenue: JP¥20.5b (up 35% from 1Q 2025). Net income: JP¥862.0m (up 160% from 1Q 2025). Profit margin: 4.2% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥749, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 72% over the past three years.
Reported Earnings • Jun 24Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥29.85 (down from JP¥112 in FY 2024). Revenue: JP¥70.2b (up 57% from FY 2024). Net income: JP¥2.69b (down 70% from FY 2024). Profit margin: 3.8% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.1%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Jun 17Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from JP¥96.7b to JP¥94.4b. EPS estimate rose from JP¥16.50 to JP¥20.73. Net income forecast to shrink 30% next year vs 17% growth forecast for Renewable Energy industry in Japan . Consensus price target of JP¥978 unchanged from last update. Share price fell 6.4% to JP¥633 over the past week.
Reported Earnings • May 13Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥29.85 (down from JP¥112 in FY 2024). Revenue: JP¥70.2b (up 57% from FY 2024). Net income: JP¥2.69b (down 70% from FY 2024). Profit margin: 3.8% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 2.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
공시 • May 12+ 1 more updateRENOVA, Inc., Annual General Meeting, Jun 19, 2025RENOVA, Inc., Annual General Meeting, Jun 19, 2025.
Price Target Changed • May 04Price target decreased by 14% to JP¥978Down from JP¥1,135, the current price target is an average from 5 analysts. New target price is 50% above last closing price of JP¥653. Stock is down 56% over the past year. The company is forecast to post earnings per share of JP¥30.50 for next year compared to JP¥112 last year.
Major Estimate Revision • Apr 26Consensus EPS estimates fall by 59%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥72.3b to JP¥75.6b. EPS estimate fell from JP¥73.13 to JP¥30.00 per share. Net income forecast to grow 63% next year vs 15% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥1,096 unchanged from last update. Share price rose 12% to JP¥657 over the past week.
공시 • Apr 16RENOVA, Inc. to Report Q1, 2026 Results on Aug 07, 2025RENOVA, Inc. announced that they will report Q1, 2026 results on Aug 07, 2025
분석 기사 • Apr 07The Price Is Right For RENOVA, Inc. (TSE:9519) Even After Diving 31%RENOVA, Inc. ( TSE:9519 ) shareholders that were waiting for something to happen have been dealt a blow with a 31...
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥551, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 68% over the past three years.
분석 기사 • Apr 01Here's What's Concerning About RENOVA's (TSE:9519) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
공시 • Mar 28RENOVA, Inc. to Report Fiscal Year 2025 Results on May 12, 2025RENOVA, Inc. announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on May 12, 2025
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥731, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total loss to shareholders of 45% over the past three years.
New Risk • Feb 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 222% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin).
Reported Earnings • Feb 08Third quarter 2025 earnings released: JP¥8.67 loss per share (vs JP¥40.13 profit in 3Q 2024)Third quarter 2025 results: JP¥8.67 loss per share (down from JP¥40.13 profit in 3Q 2024). Revenue: JP¥14.9b (up 33% from 3Q 2024). Net loss: JP¥784.0m (down 125% from profit in 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
분석 기사 • Feb 04Positive Sentiment Still Eludes RENOVA, Inc. (TSE:9519) Following 25% Share Price SlumpUnfortunately for some shareholders, the RENOVA, Inc. ( TSE:9519 ) share price has dived 25% in the last thirty days...
분석 기사 • Nov 21There May Be Underlying Issues With The Quality Of RENOVA's (TSE:9519) EarningsRENOVA, Inc. ( TSE:9519 ) announced strong profits, but the stock was stagnant. Our analysis suggests that this might...
공시 • Nov 20RENOVA, Inc. to Report Q3, 2025 Results on Feb 07, 2025RENOVA, Inc. announced that they will report Q3, 2025 results on Feb 07, 2025
Reported Earnings • Nov 09Second quarter 2025 earnings released: JP¥5.07 loss per share (vs JP¥18.57 profit in 2Q 2024)Second quarter 2025 results: JP¥5.07 loss per share (down from JP¥18.57 profit in 2Q 2024). Revenue: JP¥18.5b (up 107% from 2Q 2024). Net loss: JP¥459.0m (down 131% from profit in 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings.
분석 기사 • Oct 11Is RENOVA (TSE:9519) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Price Target Changed • Oct 08Price target decreased by 22% to JP¥1,110Down from JP¥1,430, the current price target is an average from 6 analysts. New target price is 19% above last closing price of JP¥934. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥67.45 for next year compared to JP¥112 last year.
분석 기사 • Sep 10Returns On Capital Signal Tricky Times Ahead For RENOVA (TSE:9519)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
공시 • Aug 10RENOVA, Inc. to Report Q2, 2025 Results on Nov 07, 2024RENOVA, Inc. announced that they will report Q2, 2025 results on Nov 07, 2024
Major Estimate Revision • Aug 06Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥78.8b to JP¥76.3b. EPS estimate rose from JP¥70.42 to JP¥78.54. Net income forecast to shrink 25% next year vs 26% growth forecast for Renewable Energy industry in Japan . Consensus price target down from JP¥1,470 to JP¥1,430. Share price fell 19% to JP¥745 over the past week.
분석 기사 • Aug 06Little Excitement Around RENOVA, Inc.'s (TSE:9519) Earnings As Shares Take 33% PoundingUnfortunately for some shareholders, the RENOVA, Inc. ( TSE:9519 ) share price has dived 33% in the last thirty days...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 32%After last week's 32% share price decline to JP¥645, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total loss to shareholders of 86% over the past three years.
Reported Earnings • Jun 25Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: JP¥112 (up from JP¥34.08 in FY 2023). Revenue: JP¥44.7b (up 33% from FY 2023). Net income: JP¥8.86b (up 231% from FY 2023). Profit margin: 20% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 8.6%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Renewable Energy industry in Asia. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings.
공시 • Jun 05RENOVA, Inc. to Report Q1, 2025 Results on Aug 08, 2024RENOVA, Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
Major Estimate Revision • May 29Consensus EPS estimates increase by 10%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥81.7b to JP¥80.3b. EPS estimate rose from JP¥61.80 to JP¥68.08. Net income forecast to shrink 37% next year vs 29% growth forecast for Renewable Energy industry in Japan . Consensus price target down from JP¥1,525 to JP¥1,470. Share price fell 5.2% to JP¥1,016 over the past week.
분석 기사 • May 23Earnings Working Against RENOVA, Inc.'s (TSE:9519) Share Price Following 31% DiveRENOVA, Inc. ( TSE:9519 ) shareholders won't be pleased to see that the share price has had a very rough month...
분석 기사 • May 22RENOVA's (TSE:9519) Performance Raises Some QuestionsThe latest earnings release from RENOVA, Inc. ( TSE:9519 ) disappointed investors. We did some analysis and believe...
New Risk • May 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 263% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).
분석 기사 • May 10RENOVA, Inc. Just Missed Earnings - But Analysts Have Updated Their ModelsShareholders in RENOVA, Inc. ( TSE:9519 ) had a terrible week, as shares crashed 23% to JP¥1,142 in the week since its...
공시 • May 10RENOVA, Inc., Annual General Meeting, Jun 20, 2024RENOVA, Inc., Annual General Meeting, Jun 20, 2024.
Reported Earnings • May 09Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: JP¥112 (up from JP¥34.08 in FY 2023). Revenue: JP¥44.7b (up 33% from FY 2023). Net income: JP¥8.86b (up 231% from FY 2023). Profit margin: 20% (up from 8.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to JP¥1,186, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Renewable Energy industry in Japan. Total loss to shareholders of 63% over the past three years.
Major Estimate Revision • May 09Consensus EPS estimates increase by 26%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥83.1b to JP¥81.7b. EPS estimate rose from JP¥58.05 to JP¥73.07. Net income forecast to grow 62% next year vs 40% growth forecast for Renewable Energy industry in Japan. Consensus price target broadly unchanged at JP¥1,525. Share price fell 20% to JP¥1,186 over the past week.
공시 • May 09+ 1 more updateRENOVA, Inc. Announces Management ChangesRENOVA, Inc. announced the appointment of Junichiro Ando to the new position of Audit & Supervisory Board Member from the former position of Head of Corporate Administration Division. Career Summary: April 1995 Joined Kumagai Gumi Co. Ltd., March 2007 Manager, Internal Control Promotion Office, Kumagai Gumi Co. Ltd., April 2009 Manager, Accounting Department, Administration Division, Kumagai Gumi Co. Ltd., August 2013 Internal Audit Office, RENOVA, Inc., April 2017 Head of Internal Audit Office, RENOVA, Inc., April 2022 Head of Corporate Administration Division, RENOVA, Inc. (to present). The company also announced Outgoing of Noriyasu Kaneko as Audit & Supervisory Board Member. The company also announced the appointment of Kazushi Yamaguchi to the new position of Head of Corporate Administration Division. The company also announced Outgoing of Junichiro Ando as Head of Corporate Administration Division.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,545, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Renewable Energy industry in Japan. Total loss to shareholders of 55% over the past three years.
New Risk • Apr 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).
공시 • Apr 03RENOVA, Inc. announced that it expects to receive ¥17.8164 billion in funding from Tokyo Gas Co.,Ltd.RENOVA Inc. announced that it has entered into Capital and Business Alliance Agreement with new investor Tokyo Gas Co., Ltd. to issue 11,877,600 common shares at an issue price of ¥1,500 per share for the gross proceeds of ¥17,816,400,000 on April 1, 2024. The transaction has been approved by the shareholders of the company and is expected to close on April 17, 2024. The company has disclosed the issue expenses of ¥70,000,000 and the net proceeds of ¥17,816,400,000. Post completion; the investor will acquire 13.04% stake in company.
분석 기사 • Mar 20RENOVA (TSE:9519) Will Want To Turn Around Its Return TrendsFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Major Estimate Revision • Feb 14Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥45.1b to JP¥44.4b. EPS estimate also fell from JP¥161 per share to JP¥141 per share. Net income forecast to grow 39% next year vs 34% growth forecast for Renewable Energy industry in Japan. Consensus price target broadly unchanged at JP¥1,593. Share price was steady at JP¥1,200 over the past week.
공시 • Feb 13RENOVA, Inc. to Report Fiscal Year 2024 Results on May 08, 2024RENOVA, Inc. announced that they will report fiscal year 2024 results on May 08, 2024
Reported Earnings • Feb 09Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: JP¥40.13 (up from JP¥6.69 loss in 3Q 2023). Revenue: JP¥11.5b (up 54% from 3Q 2023). Net income: JP¥3.17b (up JP¥3.69b from 3Q 2023). Profit margin: 28% (up from net loss in 3Q 2023). Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
공시 • Dec 22Renova, Inc. Announces Notice Concerning Schedule Change for the Start of Operation At Omaezakikou Biomass Power PlantRENOVA, Inc. has been proceeding with commissioning at the Omaezakikou Biomass Power Plant owned by Omaezakikou biomass Energy G.K., an equity method affiliate of RENOVA, toward start of operation in December 2023. However, given the additional time required for final adjustments to the boiler and turbine facilities to ensure long-term stable operation at the plant, the schedule for the start of operation has been changed to March 2024 (planned). RENOVA also informs that the procedure for reschedule of the FIT period for the project planning to apply, and the FIT electricity sales period is from March 2024 to February 2044. OmaezakikouBiomass Energy G.K. has received Liquidated Damages from the EPC due to the change for the start of commercial operation based on the EPC contract. The impact on financial results for the current fiscal year (ending March 2024) is currently being examined. If any further impacts identified in the future, the company will promptly make announcement.
공시 • Dec 13RENOVA, Inc. Announces Executive ChangesRENOVA Inc. announced that, at a meeting of the board of directors held on December 13, 2023, it resolved and preliminarily decided to implement changes of personnel. Changes of Personnel (As of January 1, 2024): Ryota Suzuki, Co-Head of Operation Division as Head of Operation Division. Outgoing (As of December 31, 2023): Masayoshi Oide, Head of Operation Division.
공시 • Nov 24RENOVA, Inc. to Report Q3, 2024 Results on Feb 07, 2024RENOVA, Inc. announced that they will report Q3, 2024 results on Feb 07, 2024
Price Target Changed • Nov 14Price target decreased by 9.8% to JP¥1,582Down from JP¥1,753, the current price target is an average from 6 analysts. New target price is 57% above last closing price of JP¥1,010. Stock is down 65% over the past year. The company is forecast to post earnings per share of JP¥156 for next year compared to JP¥34.08 last year.
Reported Earnings • Nov 08Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: JP¥18.56 (up from JP¥2.33 in 2Q 2023). Revenue: JP¥8.96b (up 1.6% from 2Q 2023). Net income: JP¥1.46b (up JP¥1.28b from 2Q 2023). Profit margin: 16% (up from 2.1% in 2Q 2023). Revenue missed analyst estimates by 37%. Earnings per share (EPS) exceeded analyst estimates by 87%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 20Price target decreased by 8.1% to JP¥1,753Down from JP¥1,908, the current price target is an average from 6 analysts. New target price is 62% above last closing price of JP¥1,082. Stock is down 68% over the past year. The company is forecast to post earnings per share of JP¥149 for next year compared to JP¥34.08 last year.
공시 • Sep 18RENOVA, Inc.(TSE:9519) dropped from FTSE All-World Index (USD)RENOVA, Inc.(TSE:9519) dropped from FTSE All-World Index (USD)
공시 • Aug 27RENOVA, Inc. to Report Q2, 2024 Results on Nov 07, 2023RENOVA, Inc. announced that they will report Q2, 2024 results on Nov 07, 2023
Reported Earnings • Aug 08First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: JP¥17.20 (down from JP¥59.04 in 1Q 2023). Revenue: JP¥9.60b (up 13% from 1Q 2023). Net income: JP¥1.35b (down 71% from 1Q 2023). Profit margin: 14% (down from 54% in 1Q 2023). Revenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 37%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 22Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥34.08 (up from JP¥20.24 in FY 2022). Revenue: JP¥33.6b (up 15% from FY 2022). Net income: JP¥2.68b (up 69% from FY 2022). Profit margin: 8.0% (up from 5.4% in FY 2022). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
공시 • Jun 01RENOVA, Inc. (TSE:9519) acquired remaining 62% stake in Hitoyoshi Solar T.K. from Fuyo General Lease Co., Ltd. (TSE:8424).RENOVA, Inc. (TSE:9519) acquired remaining 62% stake in Hitoyoshi Solar T.K. from Fuyo General Lease Co., Ltd. (TSE:8424) on May 31, 2023. Hitoyoshi Solar has reported net assets of ¥1 million and total assets of ¥7.15 billion during fiscal year ended March 2023. RENOVA, Inc. (TSE:9519) completed the acquisition of remaining 62% stake in Hitoyoshi Solar T.K. from Fuyo General Lease Co., Ltd. (TSE:8424) on May 31, 2023.
공시 • May 17RENOVA, Inc. Provides Electricity Sales Guidance for the Full Year Ending March 31, 2024RENOVA, Inc. provided electricity sales guidance for the full year ending March 31, 2024. For the year, the company expects to generate electricity sales of 2,297,728,004 kWh.
Valuation Update With 7 Day Price Move • May 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥1,656, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Renewable Energy industry in Japan. Total returns to shareholders of 88% over the past three years.
공시 • May 13RENOVA, Inc. to Report Q1, 2024 Results on Aug 07, 2023RENOVA, Inc. announced that they will report Q1, 2024 results on Aug 07, 2023
Reported Earnings • May 10Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥34.08 (up from JP¥20.24 in FY 2022). Revenue: JP¥33.6b (up 15% from FY 2022). Net income: JP¥2.68b (up 69% from FY 2022). Profit margin: 8.0% (up from 5.4% in FY 2022). Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Major Estimate Revision • May 10Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from JP¥72.0b to JP¥69.7b. EPS estimate rose from JP¥104 to JP¥123. Net income forecast to grow 145% next year vs 39% growth forecast for Renewable Energy industry in Japan. Consensus price target of JP¥2,407 unchanged from last update. Share price fell 15% to JP¥1,626 over the past week.
공시 • May 08RENOVA, Inc., Annual General Meeting, Jun 20, 2023RENOVA, Inc., Annual General Meeting, Jun 20, 2023.
Price Target Changed • Apr 28Price target decreased by 8.5% to JP¥2,407Down from JP¥2,632, the current price target is an average from 6 analysts. New target price is 25% above last closing price of JP¥1,918. Stock is up 19% over the past year. The company is forecast to post earnings per share of JP¥42.56 for next year compared to JP¥20.24 last year.
Price Target Changed • Apr 26Price target decreased by 8.5% to JP¥2,407Down from JP¥2,632, the current price target is an average from 6 analysts. New target price is 20% above last closing price of JP¥2,007. Stock is up 24% over the past year. The company is forecast to post earnings per share of JP¥42.56 for next year compared to JP¥20.24 last year.
Reported Earnings • Feb 12Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: JP¥6.69 loss per share (improved from JP¥65.40 loss in 3Q 2022). Revenue: JP¥7.46b (down 3.7% from 3Q 2022). Net loss: JP¥526.0m (loss narrowed 90% from 3Q 2022). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Renewable Energy industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Price Target Changed • Feb 09Price target decreased by 16% to JP¥2,217Down from JP¥2,627, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of JP¥2,181. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥45.97 for next year compared to JP¥20.24 last year.
공시 • Feb 09RENOVA, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023RENOVA, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expects revenue of JPY 35,500 million, operating profit of JPY 8,700 million, profit attributable to owners of parent of JPY 2,900 million and basic earnings per share of JPY 36.77.
공시 • Dec 28RENOVA, Inc. to Report Q3, 2023 Results on Feb 09, 2023RENOVA, Inc. announced that they will report Q3, 2023 results on Feb 09, 2023
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Ken Takayama was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 09Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: JP¥2.33 (down from JP¥75.97 in 2Q 2022). Revenue: JP¥8.81b (up 22% from 2Q 2022). Net income: JP¥183.0m (down 97% from 2Q 2022). Profit margin: 2.1% (down from 82% in 2Q 2022). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 74%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Renewable Energy industry in Japan.
공시 • Nov 07RENOVA, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023RENOVA, Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revenue of JPY 35,500 million, operating profit of JPY 8,700 million, profit for the period attributable to owners of the parent of JPY 2,900 million and basic earnings per share of JPY 36.77.
Buying Opportunity • Nov 02Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be JP¥3,935, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 7.1% per annum over the same time period.
Buying Opportunity • Oct 13Now 20% undervaluedOver the last 90 days, the stock is up 33%. The fair value is estimated to be JP¥4,322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 27% per annum. Earnings is also forecast to grow by 11% per annum over the same time period.
Price Target Changed • Oct 05Price target increased to JP¥2,412Up from JP¥2,057, the current price target is an average from 7 analysts. New target price is 37% below last closing price of JP¥3,800. Stock is down 14% over the past year. The company is forecast to post earnings per share of JP¥42.04 for next year compared to JP¥20.24 last year.
Buying Opportunity • Sep 21Now 21% undervaluedOver the last 90 days, the stock is up 70%. The fair value is estimated to be JP¥4,449, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 53% over the last year. Earnings per share has declined by 60%. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings is also forecast to grow by 6.7% per annum over the same time period.
