Renew Financial Statements From 2010 to 2025
| RNW Stock | USD 6.31 0.06 0.94% |
Check Renew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renew Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Renew financial statements analysis is a perfect complement when working with Renew Energy Valuation or Volatility modules.
Check out the analysis of Renew Energy Correlation against competitors. Renew Energy Global Company Return On Equity Analysis
Renew Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Renew Energy Return On Equity | 0.0168 |
Most of Renew Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renew Energy Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Renew Energy Global has a Return On Equity of 0.0168. This is 99.71% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The return on equity for all United States stocks is 105.42% lower than that of the firm.
Renew Energy Global Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Renew Energy competition to find correlations between indicators driving Renew Energy's intrinsic value. More Info.Renew Energy Global is rated fourth in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about 1.94 of Return On Asset per Return On Equity. 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.About Renew Energy Financial Statements
Renew Energy investors use historical fundamental indicators, such as Renew Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Renew Energy. Please read more on our technical analysis and fundamental analysis pages.
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.