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.
News
Trading Information
- Previous Close Price
- $6.83
- Day Range
- $6.83–6.85
- 52-Week Range
- $4.39–8.17
- Bid/Ask
- $6.76 / $6.86
- Shares Outstanding
- 364.56M
- Market Cap
- $2.49B
- Volume/Avg
- 1M / 2M
Key Statistics
- Price/Earnings (Normalized)
- 20.22
- Price/Sales
- 1.66
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
ReNew Energy Global PLC is a developer and operator of clean energy projects. Additionally, it provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services that are increasingly integral to addressing climate change. The company has two reportable segments: Generation and sale of renewable power and Manufacturing of power equipment. The majority of its revenue is generated from the Generation and sale of renewable power segment, which reflects the revenue earned from its utility-scale wind energy projects, solar energy projects, and hydro energy projects. The Manufacturing of power equipment segment relates to the manufacturing of solar panels and modules. Geographically, all of its material revenues are generated from India.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 4,720
- Website
- https://www.renew.com
Valuation
|
Metric
|
RNW
|
|---|---|
Price/Earnings (Normalized) | 20.22 |
Price/Book Value | 1.81 |
Price/Sales | 1.66 |
Price/Cash Flow | 8.71 |
Price/Earnings
RNW
Financial Strength
|
Metric
|
RNW
|
|---|---|
Quick Ratio | 0.37 |
Current Ratio | 0.43 |
Interest Coverage | 1.15 |
Quick Ratio
RNW
Profitability
|
Metric
|
RNW
|
|---|---|
Return on Assets (Normalized) | 0.56% |
Return on Equity (Normalized) | 4.64% |
Return on Invested Capital (Normalized) | 5.34% |
Return on Assets
RNW
Utilities - Renewable Industry Comparables
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1-Day Chart
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United States