ReneSola Ltd
NYSE:SOL

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ReneSola Ltd
NYSE:SOL
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Price: 1.66 USD -7.26% Market Closed
Market Cap: 85.2m USD

Relative Value

The Relative Value of one SOL stock under the Base Case scenario is 1.85 USD. Compared to the current market price of 1.66 USD, ReneSola Ltd is Undervalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SOL Relative Value
Base Case
1.85 USD
Undervaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
74
vs Industry
43
Median 3Y
1.6
Median 5Y
2
Industry
0.9
Forward
1
vs History
vs Industry
28
Median 3Y
-18.9
Median 5Y
-8.4
Industry
14.8
Forward
47
vs History
1
vs Industry
Median 3Y
-12.6
Median 5Y
-14.5
Industry
8.7
vs History
1
vs Industry
Median 3Y
-4.8
Median 5Y
-6.7
Industry
12.1
vs History
88
vs Industry
87
Median 3Y
0.4
Median 5Y
0.6
Industry
1.2
vs History
69
vs Industry
47
Median 3Y
1.1
Median 5Y
1.3
Industry
1
Forward
1
vs History
65
vs Industry
54
Median 3Y
4.2
Median 5Y
4.4
Industry
5.1
vs History
36
vs Industry
6
Median 3Y
14.3
Median 5Y
14.3
Industry
9.1
Forward
5.1
vs History
vs Industry
10
Median 3Y
-14.9
Median 5Y
-7.4
Industry
11.8
Forward
31.9
vs History
1
vs Industry
Median 3Y
-4.7
Median 5Y
-10.1
Industry
10.1
vs History
vs Industry
Median 3Y
-4.4
Median 5Y
-5.5
Industry
12.9
vs History
76
vs Industry
86
Median 3Y
0.3
Median 5Y
0.4
Industry
0.8

Multiples Across Competitors

SOL Competitors Multiples
ReneSola Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ReneSola Ltd
NYSE:SOL
85.2m USD 1 -17 21.5 -24.7
FR
Vinci SA
PAR:DG
71.7B EUR 1 14.7 7 10.3
IN
Larsen & Toubro Ltd
NSE:LT
5T INR 2 33.3 19.9 23.5
IN
Larsen and Toubro Ltd
F:LTO
50.1B EUR 1.9 32.5 19.4 23
US
Quanta Services Inc
NYSE:PWR
52.9B USD 2.1 56.8 26.2 41.1
ES
Ferrovial SA
MAD:FER
32.5B EUR 3.6 10 29.2 43.6
NL
Ferrovial SE
AEX:FER
31.9B EUR 3.5 9.9 28.8 42.9
CN
China State Construction Engineering Corp Ltd
SSE:601668
236.8B CNY 0.1 5.1 7 7
CA
WSP Global Inc
TSX:WSP
35.8B CAD 2.1 51.3 18.2 26.7
US
EMCOR Group Inc
NYSE:EME
21.9B USD 1.5 20.9 13.9 15.3
CN
China Communications Construction Co Ltd
SSE:601800
144.1B CNY 0.2 6.7 15.3 15.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ReneSola Ltd
NYSE:SOL
Average EV/EBIT: 24.9
Negative Multiple: -24.7
N/A N/A
FR
Vinci SA
PAR:DG
10.3
7%
1.5
IN
Larsen & Toubro Ltd
NSE:LT
23.5
17%
1.4
IN
Larsen and Toubro Ltd
F:LTO
23
17%
1.4
US
Quanta Services Inc
NYSE:PWR
41.1
22%
1.9
ES
Ferrovial SA
MAD:FER
43.6
14%
3.1
NL
Ferrovial SE
AEX:FER
42.9
14%
3.1
CN
C
China State Construction Engineering Corp Ltd
SSE:601668
7
8%
0.9
CA
WSP Global Inc
TSX:WSP
26.7
14%
1.9
US
EMCOR Group Inc
NYSE:EME
15.3
6%
2.6
CN
China Communications Construction Co Ltd
SSE:601800
15.3
15%
1