Renew Energy Global Stock EBITDA
| RNW Stock | USD 6.05 0.04 0.66% |
Renew Energy Global fundamentals help investors to digest information that contributes to Renew Energy's financial success or failures. It also enables traders to predict the movement of Renew Stock. The fundamental analysis module provides a way to measure Renew Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renew Energy stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | 68.8 B | 53.5 B |
Renew | EBITDA |
Renew Energy Global Company EBITDA Analysis
Renew Energy's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Renew Energy EBITDA | 68.75 B |
Most of Renew Energy's fundamental indicators, such as EBITDA, 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 EBITDA 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 EBITDA. 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.
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Renew EBITDA 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 ebitda 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 ebitda as a starting point in their analysis.
Renew Energy EBITDA |
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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Renew Ebitda
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According to the company disclosure, Renew Energy Global reported earnings before interest,tax, depreciation and amortization of 68.75 B. This is much higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The ebitda for all United States stocks is significantly lower than that of the firm.
Renew EBITDA 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 EBITDA 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 ebitda 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 Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Renew Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Renew Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Renew Energy's value.| Shares | State Street Corp | 2024-06-30 | 1.4 M | Daymark Wealth Partners Llc | 2024-09-30 | 1.4 M | First Trust Advisors L.p. | 2024-06-30 | 1.2 M | Manufacturers Life Insurance Co | 2024-09-30 | 1.1 M | Kayne Anderson Capital Advisors Lp | 2024-09-30 | 888.8 K | Swedbank Ab | 2024-09-30 | 802.4 K | Picton Mahoney Asset Management | 2024-09-30 | 719.5 K | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 699.9 K | Abrdn Plc | 2024-09-30 | 631.5 K | Canada Pension Plan Investment Board | 2024-09-30 | 76.5 M | Rubric Capital Management Lp | 2024-06-30 | 13.5 M |
Renew Fundamentals
| Return On Equity | 0.013 | ||||
| Return On Asset | 0.0326 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.59 % | ||||
| Current Valuation | 9.66 B | ||||
| Shares Outstanding | 244.27 M | ||||
| Shares Owned By Insiders | 15.75 % | ||||
| Shares Owned By Institutions | 83.46 % | ||||
| Number Of Shares Shorted | 6.45 M | ||||
| Price To Book | 1.66 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 81.32 B | ||||
| Gross Profit | 58.95 B | ||||
| EBITDA | 68.75 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 | 290.15 X | ||||
| Cash Flow From Operations | 68.93 B | ||||
| Short Ratio | 7.60 X | ||||
| Earnings Per Share | 0.06 X | ||||
| Target Price | 734.12 | ||||
| Number Of Employees | 3.99 K | ||||
| Beta | 0.95 | ||||
| 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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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.