Renew Energy Global Stock Current Valuation
| RNW Stock | USD 6.10 0.22 3.74% |
Valuation analysis of Renew Energy Global helps investors to measure Renew Energy's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to climb to about 852 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 11.58 in 2024. Fundamental drivers impacting Renew Energy's valuation include:
Price Book 1.6997 | Enterprise Value 9.3 B | Enterprise Value Ebitda 11.389 | Price Sales 0.0269 | Forward PE 98.0392 |
Undervalued
Today
Please note that Renew Energy's price fluctuation is somewhat reliable at this time. Calculation of the real value of Renew Energy Global is based on 3 months time horizon. Increasing Renew Energy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Renew stock is determined by what a typical buyer is willing to pay for full or partial control of Renew Energy Global. Since Renew Energy is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Renew Stock. However, Renew Energy's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.1 | Real 7.59 | Target 13.04 | Hype 6.08 | Naive 6.29 |
The intrinsic value of Renew Energy's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Renew Energy's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Renew Energy Global helps investors to forecast how Renew stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Renew Energy more accurately as focusing exclusively on Renew Energy's fundamentals will not take into account other important factors: Renew Energy Global Company Current Valuation Analysis
Renew Energy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Renew Energy Current Valuation | 9.27 B |
Most of Renew Energy's fundamental indicators, such as Current Valuation, 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.
Renew Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Renew Energy is extremely important. It helps to project a fair market value of Renew Stock properly, considering its historical fundamentals such as Current Valuation. Since Renew Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Renew Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Renew Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
Renew Current Valuation Historical Pattern
Today, most investors in Renew Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Renew Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Renew Energy current valuation as a starting point in their analysis.
Renew Energy Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Renew Energy Global has a Current Valuation of 9.27 B. This is 12.0% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current valuation for all United States stocks is 44.22% higher than that of the company.
Renew Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renew Energy's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renew Energy could also be used in its relative valuation, which is a method of valuing Renew Energy by comparing valuation metrics of similar companies.Renew Energy is currently under evaluation in current valuation category among its peers.
Renew Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Renew Energy from analyzing Renew Energy's financial statements. These drivers represent accounts that assess Renew Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renew Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 329.3B | 293.7B | 249.1B | 172.2B | 182.8B | 176.2B | |
| Enterprise Value | 650.3B | 624.6B | 612.4B | 650.5B | 811.4B | 852.0B |
Renew Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Renew Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Renew Energy's managers, analysts, and investors.Environmental | Governance | Social |
Renew Fundamentals
| Return On Equity | 0.013 | ||||
| Return On Asset | 0.0326 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.59 % | ||||
| Current Valuation | 9.27 B | ||||
| Shares Outstanding | 244.27 M | ||||
| Shares Owned By Insiders | 15.75 % | ||||
| Shares Owned By Institutions | 82.81 % | ||||
| Number Of Shares Shorted | 6.85 M | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 81.32 B | ||||
| Gross Profit | 58.95 B | ||||
| EBITDA | 66.58 B | ||||
| Net Income | 8.14 B | ||||
| Cash And Equivalents | 66.06 B | ||||
| Cash Per Share | 165.95 X | ||||
| Total Debt | 655.66 B | ||||
| Debt To Equity | 3.69 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 290.76 X | ||||
| Cash Flow From Operations | 68.93 B | ||||
| Short Ratio | 8.13 X | ||||
| Earnings Per Share | 0.03 X | ||||
| Target Price | 8.7 | ||||
| Number Of Employees | 3.99 K | ||||
| Beta | 0.94 | ||||
| Market Capitalization | 2.21 B | ||||
| Total Asset | 873.93 B | ||||
| Retained Earnings | (56.43 B) | ||||
| Working Capital | (37.61 B) | ||||
| Net Asset | 873.93 B |
About Renew Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renew Energy Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renew Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renew Energy Global based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.