Renault SA
RNO: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $kL | LOCK|yC | LOCK|m#zSvwJ |
Structural Cost Improvements Only Partially Offset Competition
Business Strategy and Outlook
The three-phased "Renaulution" strategy was launched in 2021 after the company reported a loss of over EUR 8 billion in 2020 and lost its investment-grade status. The execution has been excellent so far. Return on invested capital, however, still falls below their weighted average cost of capital.
