Renew Energy Global Stock Three Year Return

RNW Stock

USD 6.13 0.24 4.07%

Renew Energy Global fundamentals help investors to digest information that contributes to Renew Energy's financial success or failures. It also enables traders to predict the movement of Renew Stock. The fundamental analysis module provides a way to measure Renew Energy'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 Renew Energy stock.

Total Current Liabilities Other Current Liab

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Renew Energy Global Company Three Year Return Analysis

Renew Energy's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.

Three Year Return

(Mean of Monthly Returns - 1)

X

100%

More About Three Year Return | All Equity Analysis

Renew Three Year Return Driver Correlations

Understanding the fundamental principles of building solid financial models for Renew Energy is extremely important. It helps to project a fair market value of Renew Stock properly, considering its historical fundamentals such as Three Year Return. Since Renew Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Renew Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Renew Energy's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Good Will	Short Term Investments	Total Liab	Intangible Assets	Current Deferred Revenue	Long Term Debt	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital	Short Term Debt
Net Tangible Assets		-0.87	0.93	0.28	-0.62	0.79	0.95	0.9	0.91	0.93	0.79	0.63	0.9	0.89	0.59	-0.71	0.88	0.88	0.85	0.41	0.93	-0.64	0.93
Retained Earnings	-0.87		-0.91	-0.18	0.69	-0.81	-0.95	-0.87	-0.95	-0.9	-0.85	-0.79	-0.89	-0.94	-0.79	0.66	-0.95	-0.94	-0.92	-0.5	-0.97	0.87	-0.97
Accounts Payable	0.93	-0.91		0.22	-0.74	0.79	0.98	0.94	0.98	0.84	0.9	0.85	0.93	0.98	0.53	-0.6	0.97	0.97	0.96	0.66	0.97	-0.82	0.96
Net Receivables	0.28	-0.18	0.22		-0.6	0.71	0.21	0.52	0.28	0.31	0.49	-0.07	0.5	0.28	0.11	0.23	0.05	0.04	0.17	-0.32	0.18	0.16	0.29
Deferred Long Term Liab	-0.62	0.69	-0.74	-0.6		-0.83	-0.69	-0.86	-0.77	-0.6	-0.87	-0.6	-0.81	-0.78	-0.38	0.23	-0.67	-0.66	-0.71	-0.37	-0.68	0.59	-0.72
Total Current Assets	0.79	-0.81	0.79	0.71	-0.83		0.8	0.93	0.85	0.83	0.91	0.53	0.95	0.84	0.6	-0.37	0.71	0.7	0.75	0.17	0.79	-0.53	0.85
Common Stock	0.95	-0.95	0.98	0.21	-0.69	0.8		0.92	0.97	0.91	0.86	0.83	0.93	0.96	0.66	-0.67	0.97	0.97	0.95	0.57	1.0	-0.82	0.99
Property Plant Equipment	0.9	-0.87	0.94	0.52	-0.86	0.93	0.92		0.96	0.83	0.97	0.71	0.97	0.96	0.5	-0.45	0.87	0.87	0.9	0.47	0.91	-0.68	0.93
Total Assets	0.91	-0.95	0.98	0.28	-0.77	0.85	0.97	0.96		0.85	0.94	0.82	0.95	1.0	0.59	-0.56	0.97	0.97	0.97	0.61	0.97	-0.84	0.97
Total Stockholder Equity	0.93	-0.9	0.84	0.31	-0.6	0.83	0.91	0.83	0.85		0.73	0.58	0.89	0.82	0.82	-0.79	0.8	0.81	0.75	0.19	0.91	-0.62	0.92
Net Debt	0.79	-0.85	0.9	0.49	-0.87	0.91	0.86	0.97	0.94	0.73		0.74	0.94	0.95	0.44	-0.35	0.86	0.85	0.9	0.54	0.86	-0.74	0.88
Good Will	0.63	-0.79	0.85	-0.07	-0.6	0.53	0.83	0.71	0.82	0.58	0.74		0.73	0.83	0.48	-0.45	0.88	0.89	0.88	0.83	0.85	-0.93	0.82
Short Term Investments	0.9	-0.89	0.93	0.5	-0.81	0.95	0.93	0.97	0.95	0.89	0.94	0.73		0.94	0.62	-0.54	0.86	0.86	0.87	0.4	0.93	-0.7	0.95
Total Liab	0.89	-0.94	0.98	0.28	-0.78	0.84	0.96	0.96	1.0	0.82	0.95	0.83	0.94		0.55	-0.52	0.97	0.97	0.98	0.64	0.96	-0.85	0.96
Intangible Assets	0.59	-0.79	0.53	0.11	-0.38	0.6	0.66	0.5	0.59	0.82	0.44	0.48	0.62	0.55		-0.72	0.59	0.59	0.52	0.0	0.71	-0.58	0.71
Current Deferred Revenue	-0.71	0.66	-0.6	0.23	0.23	-0.37	-0.67	-0.45	-0.56	-0.79	-0.35	-0.45	-0.54	-0.52	-0.72		-0.62	-0.63	-0.47	-0.19	-0.68	0.56	-0.62
Long Term Debt	0.88	-0.95	0.97	0.05	-0.67	0.71	0.97	0.87	0.97	0.8	0.86	0.88	0.86	0.97	0.59	-0.62		1.0	0.98	0.73	0.97	-0.92	0.95
Net Invested Capital	0.88	-0.94	0.97	0.04	-0.66	0.7	0.97	0.87	0.97	0.81	0.85	0.89	0.86	0.97	0.59	-0.63	1.0		0.98	0.73	0.97	-0.92	0.95
Long Term Investments	0.85	-0.92	0.96	0.17	-0.71	0.75	0.95	0.9	0.97	0.75	0.9	0.88	0.87	0.98	0.52	-0.47	0.98	0.98		0.74	0.95	-0.88	0.94
Short Long Term Debt	0.41	-0.5	0.66	-0.32	-0.37	0.17	0.57	0.47	0.61	0.19	0.54	0.83	0.4	0.64	0.0	-0.19	0.73	0.73	0.74		0.57	-0.78	0.51
Capital Stock	0.93	-0.97	0.97	0.18	-0.68	0.79	1.0	0.91	0.97	0.91	0.86	0.85	0.93	0.96	0.71	-0.68	0.97	0.97	0.95	0.57		-0.85	0.99
Net Working Capital	-0.64	0.87	-0.82	0.16	0.59	-0.53	-0.82	-0.68	-0.84	-0.62	-0.74	-0.93	-0.7	-0.85	-0.58	0.56	-0.92	-0.92	-0.88	-0.78	-0.85		-0.81
Short Term Debt	0.93	-0.97	0.96	0.29	-0.72	0.85	0.99	0.93	0.97	0.92	0.88	0.82	0.95	0.96	0.71	-0.62	0.95	0.95	0.94	0.51	0.99	-0.81

Click cells to compare fundamentals

Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.

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Renew Return On Tangible Assets

Return On Tangible Assets

0.004275

At this time, Renew Energy's Return On Tangible Assets are fairly stable compared to the past year.

Based on the latest financial disclosure, Renew Energy Global has a Three Year Return of 0.0%. This indicator is about the same for the Electric Utilities average (which is currently at 0.0) sector and about the same as Utilities (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Renew Three Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renew Energy's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renew Energy could also be used in its relative valuation, which is a method of valuing Renew Energy by comparing valuation metrics of similar companies.

Renew Energy is currently under evaluation in three year return category among its peers.

Renew Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Renew Energy from analyzing Renew Energy's financial statements. These drivers represent accounts that assess Renew Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renew Energy's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	329.3B	293.7B	249.1B	172.2B	182.8B	176.2B
Enterprise Value	650.3B	624.6B	612.4B	650.5B	811.4B	852.0B

Renew Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Renew Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Renew Energy's managers, analysts, and investors.

Environmental

Governance

Social

Renew Fundamentals

	Return On Equity	0.013
	Return On Asset	0.0326
	Profit Margin	0.01 %
	Operating Margin	0.59 %
	Current Valuation	9.66 B
	Shares Outstanding	244.27 M
	Shares Owned By Insiders	15.75 %
	Shares Owned By Institutions	83.46 %
	Number Of Shares Shorted	6.94 M
	Price To Book	1.67 X
	Price To Sales	0.03 X
	Revenue	81.32 B
	Gross Profit	58.95 B
	EBITDA	68.75 B
	Net Income	8.14 B
	Cash And Equivalents	66.06 B
	Cash Per Share	165.95 X
	Total Debt	655.66 B
	Debt To Equity	3.69 %
	Current Ratio	1.17 X
	Book Value Per Share	290.15 X
	Cash Flow From Operations	68.93 B
	Short Ratio	7.60 X
	Earnings Per Share	0.06 X
	Target Price	743.86
	Number Of Employees	3.99 K
	Beta	0.95
	Market Capitalization	2.22 B
	Total Asset	873.93 B
	Retained Earnings	(56.43 B)
	Working Capital	(37.61 B)
	Net Asset	873.93 B

About Renew Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renew Energy Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renew Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renew Energy Global 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 Renew Stock Analysis

When running Renew Energy's price analysis, check to measure Renew Energy'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 Renew Energy is operating at the current time. Most of Renew Energy's value examination focuses on studying past and present price action to predict the probability of Renew Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renew Energy's price. Additionally, you may evaluate how the addition of Renew Energy to your portfolios can decrease your overall portfolio volatility.

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