Renova Energia Valuation

Is RNEW3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RNEW3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate RNEW3's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RNEW3's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RNEW3?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for RNEW3. This is calculated by dividing RNEW3's market cap by their current preferred multiple.
What is RNEW3's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	R$289.40m

RNEW3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	6.6x
Enterprise Value/EBITDA	5.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does RNEW3's PE Ratio compare to its peers?

The above table shows the PE ratio for RNEW3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	13.7x
EMAE4 Empresa Metropolitana de Águas e Energia	9.8x	n/a	R$1.8b
SRNA3 Serena Energia	18.3x	7.4%	R$5.1b
EGIE3 Engie Brasil Energia	7.6x	-15.5%	R$33.3b
AFLT3 Afluente Transmissão de Energia Elétrica	19.3x	n/a	R$436.5m
RNEW3 Renova Energia	9.7x	n/a	R$289.4m

Price-To-Earnings vs Peers: RNEW3 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (13.7x).

Price to Earnings Ratio vs Industry

How does RNEW3's PE Ratio compare vs other companies in the Global Renewable Energy Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: RNEW3 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the Global Renewable Energy industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is RNEW3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RNEW3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RNEW3's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.