RNW Stock Overview
Generates power through non-conventional and renewable energy sources in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
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ReNew Energy Global Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.90 |
| 52 Week High | US$7.79 |
| 52 Week Low | US$5.15 |
| Beta | 0.96 |
| 1 Month Change | 17.15% |
| 3 Month Change | 4.86% |
| 1 Year Change | -7.88% |
| 3 Year Change | -12.77% |
| 5 Year Change | n/a |
| Change since IPO | n/a |
Recent News & Updates
Recent updates
It's A Story Of Risk Vs Reward With ReNew Energy Global Plc (NASDAQ:RNW)
Oct 23
Is ReNew Energy Global (NASDAQ:RNW) A Risky Investment?
Sep 27ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges
Aug 28ReNew Energy Global (NASDAQ:RNW) Will Want To Turn Around Its Return Trends
Jul 25ReNew Energy Global Emerging As Leader In India's Renewable Transition
Jun 18Should You Think About Buying ReNew Energy Global Plc (NASDAQ:RNW) Now?
May 23ReNew Energy Global: Structural Growth Opportunities Clouded By Debt
May 14Fewer Investors Than Expected Jumping On ReNew Energy Global Plc (NASDAQ:RNW)
May 01Some Investors May Be Worried About ReNew Energy Global's (NASDAQ:RNW) Returns On Capital
Apr 09These 4 Measures Indicate That ReNew Energy Global (NASDAQ:RNW) Is Using Debt In A Risky Way
Mar 19ReNew Energy Global: The Indian Renewables Opportunity Is Opening Up
Feb 21Market Still Lacking Some Conviction On ReNew Energy Global Plc (NASDAQ:RNW)
Jan 28Is Now An Opportune Moment To Examine ReNew Energy Global Plc (NASDAQ:RNW)?
Jan 06The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
Dec 14Returns On Capital At ReNew Energy Global (NASDAQ:RNW) Have Hit The Brakes
Sep 08The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't Growing
May 27ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going Forward
Feb 07ReNew Energy Global: Big Upside For Participating In Indian Renewables Growth
Oct 19ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On Capital
Oct 18ReNew Energy Global reports Q1 results
Aug 18ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On Capital
Jul 04ReNew: Value-Growth Mix But Not A Buy Yet
Mar 17ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading Higher
Mar 16Shareholder Returns
| RNW | US Renewable Energy | US Market | |
|---|---|---|---|
| 7D | -2.7% | -3.8% | -2.4% |
| 1Y | -7.9% | 65.4% | 23.3% |
Return vs Industry: RNW underperformed the US Renewable Energy industry which returned 65.4% over the past year.
Return vs Market: RNW underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| RNW volatility | |
|---|---|
| RNW Average Weekly Movement | 6.7% |
| Renewable Energy Industry Average Movement | 8.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RNW has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: RNW's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 3,988 | Sumant Sinha | www.renew.com |
ReNew Energy Global Plc, together with its subsidiaries, generates power through non-conventional and renewable energy sources in India. It operates through four segments: Wind Power, Solar Power, Hydro Power, and Transmission Line. The company develops and owns utility scale wind and solar energy projects, wind and solar energy projects, and utility-scale firm power projects.
ReNew Energy Global Plc Fundamentals Summary
| RNW fundamental statistics | |
|---|---|
| Market cap | US$2.50b |
| Earnings (TTM) | US$23.34m |
| Revenue (TTM) | US$984.64m |
107.2x
P/E Ratio2.5x
P/S RatioIs RNW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RNW income statement (TTM) | |
|---|---|
| Revenue | ₹83.66b |
| Cost of Revenue | ₹2.91b |
| Gross Profit | ₹80.75b |
| Other Expenses | ₹78.77b |
| Earnings | ₹1.98b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.47 |
| Gross Margin | 96.52% |
| Net Profit Margin | 2.37% |
| Debt/Equity Ratio | 538.9% |
How did RNW perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ReNew Energy Global Plc is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julien Dumoulin-Smith | BofA Global Research |
| Nikhil Bhandari | Goldman Sachs |
| Puneet Gulati | HSBC |