Renova Energia Sa Stock Gross Profit

RNEW3 Stock  BRL 0.99  0.02  2.06%   
Renova Energia SA fundamentals help investors to digest information that contributes to Renova Energia's financial success or failures. It also enables traders to predict the movement of Renova Stock. The fundamental analysis module provides a way to measure Renova Energia's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renova Energia stock.
  
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Renova Energia SA Company Gross Profit Analysis

Renova Energia's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Renova Energia Gross Profit

    
  13.06 M  
Most of Renova Energia's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renova Energia SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Renova Energia SA reported 13.06 M of gross profit. This is 99.88% lower than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The gross profit for all Brazil stocks is 99.95% higher than that of the company.

Renova Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renova Energia's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renova Energia could also be used in its relative valuation, which is a method of valuing Renova Energia by comparing valuation metrics of similar companies.
Renova Energia is currently under evaluation in gross profit category among its peers.

Renova Fundamentals

About Renova Energia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renova Energia SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renova Energia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renova Energia SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Renova Stock Analysis

When running Renova Energia's price analysis, check to measure Renova Energia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renova Energia is operating at the current time. Most of Renova Energia's value examination focuses on studying past and present price action to predict the probability of Renova Energia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renova Energia's price. Additionally, you may evaluate how the addition of Renova Energia to your portfolios can decrease your overall portfolio volatility.