# Greencoat Renewables PLC (GRP.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Utilities. Price €0.79, market value €847 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Greencoat Renewables PLC reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 4.6×**. Each dollar of revenue is priced at 4.6×.
- **Price / book: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 18.4×**. Enterprise value is 18.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 16.6%** (5-yr avg 9.7%). Free cash flow equals 16.6% of the market value, above its five-year average of 9.7%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 58.5%**. Greencoat Renewables PLC keeps 58.5% of revenue after the direct cost of what it sells.
- **Operating margin: 48.5%**. 48.5% of revenue is left after running the business, an exceptional level.
- **Net margin: -42.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.8%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 2.1%**. Return on all capital, debt included, is 2.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.1%**. Each dollar of assets produces -0.1% of profit.

## Growth
- **Revenue growth (1 yr): 99.6%** (3-yr 2.1%/yr, 5-yr 31.7%/yr). Revenue grew 99.6% over the last year, against 31.7% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -205.1%**. Earnings per share fell 205.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -10.5%/yr**. Free cash flow has compounded at -10.5% a year over three years.

## Financial health
- **Debt to equity: 1.03**. Debt is 1.03 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 10.3×**. It would take 10.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 1.5×**. Operating profit covers interest only 1.5×: fragile.
- **Altman Z-score: 1.22**. A Z-score of 1.22 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 8.59%** (€0.07 per share, trailing). Greencoat Renewables PLC yields 8.59%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 6**. 6 straight years of increases.
- **Dividend growth (5 yr): 2.3%/yr** (1-yr 2.0%). The dividend has grown 2.3% a year over five years.
- **Shareholder yield: 11.6%**. Dividends plus net buybacks return 11.6% of the market value a year.

## Price and momentum
- **Total return (1 yr): 14.9%** (YTD 19.3%, 3-mo -0.1%). The shares are up 14.9% over twelve months including dividends.
- **From 52-week high: -2.2%** (20.2% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 0.09** (volatility 23%). Beta of 0.09 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GRP.L · Page: https://foliofundamentals.com/stocks/grp.l

Not investment advice.