Stock fact sheet · data as of
ReNew Energy Global Plc (RNW): fair value, margin of safety and Wheel Score
Ticker symbol RNW · Utilities · Renewable Utilities · United Kingdom · Class A common stock · Growth
RNW is ReNew Energy Global Plc's Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is RNW undervalued?
RNW has a margin of safety of 44%: the stock closed at 6.93 on 5 Nov 2026 against a GLS average fair value of 12.45. 3 of the 5 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between EPV (4.09) and GLS Growth (22.51). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, RNW is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 55, growth score 88, out of 100).
Nine valuation models for RNW
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 5.45 | -21% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 21.04 | +204% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 9.19 | +33% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 22.51 | +225% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 4.09 | -41% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -22.11 | -419% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 7.02 | +1% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
ReNew Energy Global Plc scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the "Piotroski 6 or more" Wheel Trade Filter with room to spare. On durability RNW scores 5.6/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are thin or negative - ROIC 1.2%, ROE 8.9%, ROA 1.1% - with debt at 6.20 times equity and negative free cash flow. Debt of 6.20 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
ReNew Energy Global Plc pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Power 100%, Other Revenue 0% (fiscal year FY2026).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 13 Sep 2026.
| Piotroski F-score | 7 / 9 | ROIC | 1.2% |
|---|---|---|---|
| GLS Moat | 5.6 / 10 | ROE | 8.9% |
| Debt / equity | 6.20 | ROA | 1.1% |
| Free-cash-flow yield | -17.3% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 48: Weak
With a Wheel Score of 48 ReNew Energy Global Plc sits in the Weak band. It fails filter 5, can repay its debt - 22.0 years to repay its debt (over 6); Option trading (weak) is its weakest part.
Implied volatility is 48% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 2,735 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 3.8M shares a day on a market cap of $2.5B, with a beta of 1.19; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 22.0 years to repay its debt (over 6) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 44% below fair value | |
| Premium | Strong | implied volatility 48% | |
| Moat | Fair | moat 5.6/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Fair | Red Flags score 70/100 | |
| Option trading | Weak | 189 contracts a day, 2,735 open interest | |
| Stability | Fair | beta 1.19, $2.5B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for RNW in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Renewable Utilities
The 12 companies below are the closest to ReNew Energy Global Plc by market cap within the Renewable Utilities industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FRVO Fervo Energy Company | 8.90 | 0.7405 | -1102% | 22Weak | $2.6B |
| MWH SOLV Energy, Inc. Class A Common Stock | 26.35 | 14.78 | -78% | 31Weak | $3.3B |
| BEPC Brookfield Renewable Corporation | 31.56 | 22.79 | -38% | 26Weak | $4.8B |
| ORA Ormat Technologies, Inc. | 94.34 | 34.84 | -171% | 42Weak | $5.8B |
| CWEN Clearway Energy, Inc. | 35.71 | 115.85 | +69% | 46Weak | $7.3B |
| XIFR XPLR Infrastructure, LP | 7.72 | 37.05 | +79% | 51Fair | $728M |
| BEPH Brookfield BRP Holdings (Canada) Inc 4.625 % Notes 2021-Without Fixed Maturity Global Sub | 13.88 | 9.06 | -53% | 14No options | $9.2B |
| BEP Brookfield Renewable Partners L.P. | 30.91 | 12.93 | -139% | 31Weak | $9.3B |
| BEPI Brookfield Renewable Partners L.P. | 14.73 | 9.25 | -59% | 18No options | $9.3B |
| ENLT Enlight Renewable Energy Ltd | 67.65 | 24.36 | -178% | 36Weak | $9.5B |
| GFUZ General Fusion Group Ltd. | 5.66 | 1.41 | -301% | 15Weak | $457M |
| ELLO Ellomay Capital Ltd. | 18.80 | 103.26 | +82% | 26No options | $259M |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about RNW
What kind of share is RNW?
RNW is ReNew Energy Global Plc's Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is RNW undervalued right now?
By the GLS models, yes: at 6.93 the stock is 44% below the average fair value of 12.45 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of RNW and what does it mean?
RNW scores 48 out of 100 (Weak) - it fails Wheel Trade Filter 5. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for RNW?
12.45 per share as of 5 Nov 2026 - the simple average of the 5 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does ReNew Energy Global Plc report earnings next?
No upcoming earnings date is recorded for RNW in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does RNW have listed options, and how liquid are they?
Yes. The nightly snapshot found 30 listed contracts with 2,735 open interest across all expiries and implied volatility of 48% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.