Renew Energy Global Stock Analysis

RNW Stock  USD 6.78  0.05  0.74%   
Renew Energy Global is undervalued with Real Value of 7.48 and Target Price of 8.4. The main objective of Renew Energy stock analysis is to determine its intrinsic value, which is an estimate of what Renew Energy Global is worth, separate from its market price. There are two main types of Renew Energy's stock analysis: fundamental analysis and technical analysis.
The Renew Energy stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Renew Energy is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Renew Stock trading window is adjusted to America/New York timezone.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renew Energy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Renew Stock Analysis Notes

About 16.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Renew Energy Global had not issued any dividends in recent years. ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom. Renew Energy is traded on NASDAQ Exchange in the United States. To find out more about Renew Energy Global contact the company at 91 12 4489 6670 or learn more at https://www.renew.com.

Renew Energy Quarterly Total Revenue

26.73 Billion

Renew Energy Global Investment Alerts

Renew Energy Global has a strong financial position based on the latest SEC filings
Over 83.0% of the company shares are owned by institutional investors
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Renew Energy Global Upcoming and Recent Events

16th of February 2024
Upcoming Quarterly Report
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4th of June 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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4th of June 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of March 2023
Last Financial Announcement
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Renew Largest EPS Surprises

Earnings surprises can significantly impact Renew Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-08-15
2024-06-300.010.0130.00330 
2023-08-18
2023-06-300.060.090.0350 
2021-08-16
2021-06-30-0.030.01160.0416138 
View All Earnings Estimates

Renew Energy Environmental, Social, and Governance (ESG) Scores

Renew Energy's ESG score is a quantitative measure that evaluates Renew Energy's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Renew Energy's operations that may have significant financial implications and affect Renew Energy's stock price as well as guide investors towards more socially responsible investments.

Renew Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Daymark Wealth Partners Llc2024-09-30
1.4 M
M&g Plc2024-09-30
1.3 M
State Street Corp2024-09-30
1.3 M
First Trust Advisors L.p.2024-09-30
1.1 M
Manufacturers Life Insurance Co2024-09-30
1.1 M
Kayne Anderson Capital Advisors Lp2024-09-30
888.8 K
Swedbank Ab2024-09-30
802.4 K
Picton Mahoney Asset Management2024-09-30
719.5 K
Ubs Asset Mgmt Americas Inc2024-09-30
699.9 K
Canada Pension Plan Investment Board2024-09-30
76.5 M
Rubric Capital Management Lp2024-09-30
13.7 M
Note, although Renew Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Renew Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.46 B.

Renew Profitablity

The company has Net Profit Margin of 0.01 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.59 %, which entails that for every 100 dollars of revenue, it generated $0.59 of operating income.
Last ReportedProjected for Next Year
Return On Capital Employed 0.09  0.05 
Return On Equity 0.04  0.04 

Management Efficiency

Renew Energy Global has Return on Asset of 0.0326 % which means that on every $100 spent on assets, it made $0.0326 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.013 %, implying that it generated $0.013 on every 100 dollars invested. Renew Energy's management efficiency ratios could be used to measure how well Renew Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Renew Energy's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0 in 2025, whereas Return On Capital Employed is likely to drop 0.05 in 2025. At this time, Renew Energy's Other Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 40.5 B in 2025, whereas Other Assets are likely to drop slightly above 17.9 B in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 299.66  169.51 
Tangible Book Value Per Share 206.38  118.78 
Enterprise Value Over EBITDA 13.57  12.89 
Price Book Value Ratio 2.00  1.90 
Enterprise Value Multiple 13.57  12.89 
Price Fair Value 2.00  1.90 
Enterprise Value730.3 B398.9 B
Leadership effectiveness at Renew Energy Global is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin
0.5946
Profit Margin
0.0099
Beta
0.95
Return On Assets
0.0326
Return On Equity
0.013

Technical Drivers

As of the 18th of January 2025, Renew Energy holds the Coefficient Of Variation of 1180.46, risk adjusted performance of 0.0779, and Semi Deviation of 1.69. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Renew Energy, as well as the relationship between them. Please check Renew Energy Global variance and potential upside to decide if Renew Energy Global is priced some-what accurately, providing market reflects its current price of 6.78 per share. Given that Renew Energy has jensen alpha of 0.2234, we recommend you to check out Renew Energy Global's recent market performance to make sure the company can sustain itself at a future point.

Renew Energy Global Price Movement Analysis

Study
Time Period
Deviations up
Deviations down
MA Type
Execute Study
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Renew Energy Outstanding Bonds

Renew Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Renew Energy Global uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Renew bonds can be classified according to their maturity, which is the date when Renew Energy Global has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Renew Energy Predictive Daily Indicators

Renew Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Renew Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Renew Energy Corporate Filings

6K
23rd of December 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
11th of December 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
F3
10th of December 2024
An amendment to the original Schedule 13D filing
ViewVerify
6K
19th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
13th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
6K
20th of September 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
F3
5th of September 2024
An amendment to the original Schedule 13D filing
ViewVerify
6K
15th of August 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

Renew Energy Forecast Models

Renew Energy's time-series forecasting models are one of many Renew Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Renew Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Renew Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Renew Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Renew shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Renew Energy. By using and applying Renew Stock analysis, traders can create a robust methodology for identifying Renew entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.12  0.06 
Operating Profit Margin 0.80  0.53 
Net Profit Margin 0.05  0.05 
Gross Profit Margin 1.10  1.08 

Current Renew Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Renew analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Renew analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
8.4Strong Buy5Odds
Renew Energy Global current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Renew analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Renew stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Renew Energy Global, talking to its executives and customers, or listening to Renew conference calls.
Renew Analyst Advice Details

Renew Stock Analysis Indicators

Renew Energy Global stock analysis indicators help investors evaluate how Renew Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Renew Energy shares will generate the highest return on investment. By understating and applying Renew Energy stock analysis, traders can identify Renew Energy position entry and exit signals to maximize returns.
Begin Period Cash Flow38.2 B
Total Stockholder Equity105.2 B
Capital Lease Obligations8.3 B
Property Plant And Equipment Net691.5 B
Cash And Short Term Investments51.9 B
Cash27 B
50 Day M A6.3014
Net Interest Income-40.9 B
Total Current Liabilities142 B
Forward Price Earnings61.7284
Investments-162.5 B
Interest Expense43 B
Stock Based Compensation1.7 B
Long Term Debt565.9 B
Common Stock Shares Outstanding365.5 M
Tax ProvisionB
Quarterly Earnings Growth Y O Y-0.97
Accounts Payable9.1 B
Net Debt628.6 B
Other Operating Expenses8.6 B
Non Current Assets Total769.5 B
Liabilities And Stockholders Equity873.9 B
Non Currrent Assets Other33.5 B

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.