ReNew Energy Global Future Growth
Future criteria checks 4/6
ReNew Energy Global is forecasted to grow earnings and revenue by 87% and 17.6% per annum respectively. EPS is expected to grow by 127.7%. Return on equity is forecast to be 2.7% in 3 years.
Earnings growth rate
EPS growth rate
|Renewable Energy earnings growth||21.0%|
|Revenue growth rate||17.6%|
|Future return on equity||2.7%|
|Last updated||23 May 2023|
Recent future growth updates
The Returns At ReNew Energy Global (NASDAQ:RNW) Aren't GrowingMay 27
ReNew Energy Global (NASDAQ:RNW) Has More To Do To Multiply In Value Going ForwardFeb 07
ReNew Energy Global: Big Upside For Participating In Indian Renewables GrowthOct 19
ReNew Energy Global (NASDAQ:RNW) Is Experiencing Growth In Returns On CapitalOct 18
ReNew Energy Global reports Q1 resultsAug 18
ReNew Energy Global (NASDAQ:RNW) Is Looking To Continue Growing Its Returns On CapitalJul 04
ReNew: Value-Growth Mix But Not A Buy YetMar 17
ReNew Energy Global's (NASDAQ:RNW) Returns On Capital Are Heading HigherMar 16
Earnings and Revenue Growth Forecasts
|Date||Revenue||Earnings||Free Cash Flow||Cash from Op||Avg. No. Analysts|
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RNW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: RNW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RNW is expected to become profitable in the next 3 years.
Revenue vs Market: RNW's revenue (17.6% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: RNW's revenue (17.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RNW's Return on Equity is forecast to be low in 3 years time (2.7%).