Renault SA
RNO: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€31.00 | Tmjs | Kjmlvfgp |
Resurrection, Renovation, and Revolution Strategy Keeps Renault in the Game
Business Strategy and Outlook
The three-phased "Renaulution" strategy was launched in 2021 after the company reported a loss of over EUR 8 billion in 2020 and lost its investment-grade status. The execution has been excellent so far. Return on invested capital, however, still falls below their weighted average cost of capital.