ReNew Energy Global PLC Ordinary Shares - Class A RNW
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
ReNew partners with JERA to evaluate Joint Development of Green Ammonia Project in India
-
ReNew Crosses 10 GW of Gross Renewable Energy Assets
-
ReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2%
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ReNew Announces Date and Conference Call Details for Q3 FY 24 Earnings Report
Trading Information
- Previous Close Price
- $5.74
- Day Range
- $5.58–5.70
- 52-Week Range
- $4.78–7.79
- Bid/Ask
- $5.28 / $5.64
- Market Cap
- $2.06 Bil
- Volume/Avg
- 517,979 / 665,142
Key Statistics
- Price/Earnings (Normalized)
- 64.79
- Price/Sales
- 1.99
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Small Growth
- Total Number of Employees
- 2,481
- Website
- https://www.renewpower.in
Comparables
Valuation
Metric
|
RNW
|
541450
|
IVVIRESCENT
|
---|---|---|---|
Price/Earnings (Normalized) | 64.79 | 141.26 | — |
Price/Book Value | 1.77 | 35.89 | — |
Price/Sales | 1.99 | 27.65 | — |
Price/Cash Flow | 10.65 | 97.04 | — |
Price/Earnings
RNW
541450
IVVIRESCENT
Financial Strength
Metric
|
RNW
|
541450
|
IVVIRESCENT
|
---|---|---|---|
Quick Ratio | 0.80 | 0.44 | — |
Current Ratio | 0.85 | 0.50 | — |
Interest Coverage | 1.02 | 1.26 | — |
Quick Ratio
RNW
541450
IVVIRESCENT
Profitability
Metric
|
RNW
|
541450
|
IVVIRESCENT
|
---|---|---|---|
Return on Assets (Normalized) | 0.72% | — | — |
Return on Equity (Normalized) | 5.67% | — | — |
Return on Invested Capital (Normalized) | 4.31% | — | — |
Return on Assets
RNW
541450
IVVIRESCENT
Utilities - Renewable Industry Comparables
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