ReNu Energy Limited does not have significant operations.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.047|
|52 Week High||AU$0.025|
|52 Week Low||AU$0.13|
|1 Month Change||-9.62%|
|3 Month Change||-24.19%|
|1 Year Change||51.61%|
|3 Year Change||-53.00%|
|5 Year Change||-70.63%|
|Change since IPO||-99.08%|
Recent News & Updates
|RNE||AU Renewable Energy||AU Market|
Return vs Industry: RNE exceeded the Australian Renewable Energy industry which returned 11.3% over the past year.
Return vs Market: RNE exceeded the Australian Market which returned 25.4% over the past year.
Stable Share Price: RNE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: RNE's weekly volatility has decreased from 19% to 12% over the past year.
About the Company
ReNu Energy Limited does not have significant operations. It focuses on investing in companies in the areas of renewable and clean energy technologies. Previously, the company was engaged in developing bioenergy projects.
ReNu Energy Fundamentals Summary
|RNE fundamental statistics|
Is RNE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RNE income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.01|
|Net Profit Margin||0.00%|
How did RNE perform over the long term?See historical performance and comparison
Is ReNu Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RNE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RNE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RNE is unprofitable, so we can't compare its PE Ratio to the Oceanic Renewable Energy industry average.
PE vs Market: RNE is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RNE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RNE is overvalued based on its PB Ratio (2.3x) compared to the AU Renewable Energy industry average (1.6x).
How is ReNu Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ReNu Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has ReNu Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RNE is currently unprofitable.
Growing Profit Margin: RNE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RNE is unprofitable, but has reduced losses over the past 5 years at a rate of 34.7% per year.
Accelerating Growth: Unable to compare RNE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RNE is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (16.8%).
Return on Equity
High ROE: RNE has a negative Return on Equity (-42.53%), as it is currently unprofitable.
How is ReNu Energy's financial position?
Financial Position Analysis
Short Term Liabilities: RNE's short term assets (A$3.4M) exceed its short term liabilities (A$726.6K).
Long Term Liabilities: RNE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RNE's debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RNE's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RNE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RNE has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 23.3% each year.
What is ReNu Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RNE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RNE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RNE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RNE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RNE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Greg Watson, LLB, BCom, GDipLP, CA, serves as Chief Financial Officer and Company Secretary at ReNu Energy Limited since joining on September 10, 2019 and has been its Chief Executive Officer since Feb...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD182.99K) is below average for companies of similar size in the Australian market ($USD281.32K).
Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.
Experienced Board: RNE's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RNE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.1%.
ReNu Energy Limited's employee growth, exchange listings and data sources
- Name: ReNu Energy Limited
- Ticker: RNE
- Exchange: ASX
- Founded: 2000
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: AU$6.240m
- Shares outstanding: 132.76m
- Website: https://www.renuenergy.com.au
Number of Employees
- ReNu Energy Limited
- Corporate House
- Level 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 15:54|
|End of Day Share Price||2021/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.