# ReNew Energy Global plc Class A (RNW) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Utilities / Electric Utilities. Price $6.87, market value $2.5 billion.

## Valuation
- **P/E (trailing): 22.2×** (5-yr avg 31.8×, 3-yr avg 31.8×). ReNew Energy Global plc Class A trades at 22.2× trailing earnings, well below its own five-year average of 31.8×: cheap by its own standards. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 9.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.00**. A PEG of 0.00 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.0×**. Each dollar of revenue is priced at 0.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 6.9×**. Enterprise value is 6.9× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -697.8%**. Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.5%**. The inverse of the P/E: 4.5% of the price is earned each year.

## Profitability
- **Gross margin: 81.7%**. ReNew Energy Global plc Class A keeps 81.7% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 45.2%**. 45.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 7.4%**. 7.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.8%**. 7.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.9%**. Return on all capital, debt included, is 5.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.0%**. Each dollar of assets produces 1.0% of profit.

## Financial health
- **Debt to equity: 6.21**. Debt is 6.21 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 6.9×**. It would take 6.9 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 1.0×**. Operating profit covers interest only 1.0×: fragile.
- **Current ratio: 0.43** (quick 0.38). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 0.28**. A Z-score of 0.28 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. ReNew Energy Global plc Class A does not currently pay a dividend, but it returned -766.2% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): -10.1%** (YTD 21.6%, 3-mo 13.7%). The shares are down 10.1% over twelve months including dividends.
- **From 52-week high: -16.6%** (56.7% above the low). Trading 17% below 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): 68**. An RSI of 68 is neutral.
- **Beta (1 yr): 0.67** (volatility 41%). Beta of 0.67 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RNW · Page: https://foliofundamentals.com/stocks/rnw

Not investment advice.