Renew Energy Global PLC
NASDAQ:RNW
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Renew Energy Global PLC
NASDAQ:RNW
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Intrinsic Value
The intrinsic value of Renew Energy Global PLC (RNW) under the Base Case is 10.23 USD per share.
Compared with the current market price of 6.88 USD, the stock appears
Undervalued by 33% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Renew Energy Global Does
Renew Energy Global PLC, better known as ReNew, develops and runs large clean power projects, mainly wind and solar farms, in India. It also builds and operates related infrastructure such as transmission lines and, in some cases, storage and hybrid projects that combine multiple energy sources. The company sells the electricity these projects produce, usually through long-term contracts with state utilities, large companies, and other power buyers.
- Headquarters
- United Kingdom UK
- Employees
- 4 336
- IPO date
- Jan 29, 2021
Earnings Waterfall
Renew Energy Global PLC
The intrinsic value for Renew Energy Global PLC (RNW) under the Base Case is 10.23 USD.
Compared with the current market price of 6.88 USD, the stock appears Undervalued by 33% .