ReneSola Ltd
NYSE:SOL

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ReneSola Ltd
NYSE:SOL
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Price: 1.94 USD 0.52% Market Closed
Market Cap: $99.6m

EV/IC

0.2
Current
11%
Cheaper
vs 3-y average of 0.2

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.2
=
Enterprise Value
$75.9m
/
Invested Capital
$360.1m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.2
=
Enterprise Value
$75.9m
/
Invested Capital
$360.1m

Valuation Scenarios

ReneSola Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (0.2), the stock would be worth $2.18 (12% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+826%
Average Upside
372%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.2 $1.94
0%
3-Year Average 0.2 $2.18
+12%
5-Year Average 0.3 $2.76
+42%
Industry Average 2 $17.97
+826%
Country Average 1.5 $13.69
+606%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Lower than 94% of companies in the United States of America
Percentile
6th
Based on 11 657 companies
6th percentile
0.2
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

ReneSola Ltd
Glance View

Market Cap
99.6m USD
Industry
Construction

ReneSola Ltd. is a pure solar project developer and operator. The company is headquartered in Stamford, Connecticut. The company went IPO on 2008-01-29. The firm focuses on solar power project development, construction management and project financing services. The company develops and sells solar power projects and owns and operates solar power projects and sells the electricity generated by its operated solar power plants (IPP business). Its project development business is primarily focused in the United States, Hungary, Spain, France and in the United Kingdom. The company is focused on small-scale distributed generation (DG) projects and community solar gardens. Its project development business is focused on small-scale DG projects, specifically commercial projects, small-scale utility projects and community solar gardens, in various countries including China, the United States, Canada, the United Kingdom and France. The company conducts its IPP business and/or project development business in countries, such as United States, Canada, China, Hungary, Spain, France, United Kingdom and Romania.

SOL Intrinsic Value
3.19 USD
Undervaluation 39%
Intrinsic Value
Price $1.94
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