Renew Energy EBITDA vs. Number Of Employees

RNW Stock  USD 5.63  0.14  2.55%   
Based on the key profitability measurements obtained from Renew Energy's financial statements, Renew Energy Global is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Renew Energy's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
68.8 B
Current Value
53.5 B
Quarterly Volatility
8.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Sales General And Administrative To Revenue is likely to climb to 0.07 in 2024, whereas Price To Sales Ratio is likely to drop 2.14 in 2024. At this time, Renew Energy's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 4.4 B in 2024, whereas Income Tax Expense is likely to drop slightly above 2.8 B in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin1.080.9527
Moderately Up
Very volatile
Operating Profit Margin0.530.8941
Way Down
Slightly volatile
For Renew Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Renew Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Renew Energy Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Renew Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Renew Energy Global over time as well as its relative position and ranking within its peers.
  
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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renew Energy. If investors know Renew will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renew Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
0.06
Revenue Per Share
225.76
Quarterly Revenue Growth
0.082
Return On Assets
0.0326
The market value of Renew Energy Global is measured differently than its book value, which is the value of Renew that is recorded on the company's balance sheet. Investors also form their own opinion of Renew Energy's value that differs from its market value or its book value, called intrinsic value, which is Renew Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renew Energy's market value can be influenced by many factors that don't directly affect Renew Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renew Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renew Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renew Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Renew Energy Global Number Of Employees vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Renew Energy's current stock value. Our valuation model uses many indicators to compare Renew Energy value to that of its competitors to determine the firm's financial worth.
Renew Energy Global is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in number of employees category among its peers . The ratio of EBITDA to Number Of Employees for Renew Energy Global is about  17,239,970 . At this time, Renew Energy's EBITDA is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Renew Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Renew Number Of Employees vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Renew Energy

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
68.75 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Renew Energy

Number of Employees

 = 

Full Time

+

Part Time

 = 
3.99 K
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

Renew Number Of Employees vs Competition

Renew Energy Global is currently regarded as top stock in number of employees category among its peers. The total workforce of Utilities industry is at this time estimated at about 8,818. Renew Energy totals roughly 3,988 in number of employees claiming about 45% of Utilities industry.

Renew Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Renew Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Renew Energy will eventually generate negative long term returns. The profitability progress is the general direction of Renew Energy's change in net profit over the period of time. It can combine multiple indicators of Renew Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income2.7 B2.8 B
Net Loss-14.5 B-13.7 B
Income Tax ExpenseB2.8 B
Net Interest Income-40.9 B-42.9 B
Interest Income4.1 B2.6 B
Operating Income72.7 B53 B
Net Income From Continuing Ops4.1 B4.4 B
Income Before Tax8.1 B8.5 B
Total Other Income Expense Net-64.6 B-61.3 B
Net Income8.1 B8.5 B
Change To Netincome48.8 B33.9 B
Net Income Per Share 9.31  9.78 
Income Quality 8.47  8.89 
Net Income Per E B T 0.42  0.40 

Renew Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Renew Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Renew Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Renew Energy's important profitability drivers and their relationship over time.

Use Renew Energy in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Renew Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Renew Energy will appreciate offsetting losses from the drop in the long position's value.

Renew Energy Pair Trading

Renew Energy Global Pair Trading Analysis

The ability to find closely correlated positions to Renew Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Renew Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Renew Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Renew Energy Global to buy it.
The correlation of Renew Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Renew Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Renew Energy Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Renew Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Renew Energy position

In addition to having Renew Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Natural Foods Thematic Idea Now

Natural Foods
Natural Foods Theme
Companies producing natural foods including dairy products and different types of meets. The Natural Foods theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Natural Foods Theme or any other thematic opportunities.
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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.