ReNew Energy Global PLC Ordinary Shares - Class A RNW

Morningstar Rating
$6.29 +0.03 (0.48%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RNW is trading at a 371% premium.
Price
$6.32
Fair Value
$8.83
Uncertainty
High
1-Star Price
$1.49
5-Star Price
$6.79
Economic Moat
Gkfz
Capital Allocation

News

Trading Information

Previous Close Price
$6.26
Day Range
$6.196.49
52-Week Range
$4.787.79
Bid/Ask
$6.10 / $6.29
Market Cap
$2.28 Bil
Volume/Avg
1.6 Mil / 911,409

Key Statistics

Price/Earnings (Normalized)
2,181.19
Price/Sales
2.30
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Small Growth
Total Number of Employees
3,988

Comparables

Valuation

Metric
RNW
AQN
6994
Price/Earnings (Normalized)
2,181.1911.01102.83
Price/Book Value
1.810.707.80
Price/Sales
2.301.455.34
Price/Cash Flow
15.735.3344.65
Price/Earnings
RNW
AQN
6994

Financial Strength

Metric
RNW
AQN
6994
Quick Ratio
0.620.450.81
Current Ratio
0.670.970.98
Interest Coverage
1.050.577.07
Quick Ratio
RNW
AQN
6994

Profitability

Metric
RNW
AQN
6994
Return on Assets (Normalized)
0.17%1.94%2.26%
Return on Equity (Normalized)
1.46%7.03%7.83%
Return on Invested Capital (Normalized)
4.25%3.89%2.88%
Return on Assets
RNW
AQN
6994

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