Stock fact sheet · data as of
ReNew Energy Global Plc (RNW): fair value, margin of safety and Wheel Score
Utilities · Renewable Utilities · United Kingdom · High Growth
Is RNW undervalued?
RNW has a margin of safety of 94%: the stock closed at 6.88 on 16 Oct 2026 against a GLS average fair value of 110.07. 4 of the 5 valuation models that produced a number sit above the price. Our screens 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 (3.61) and Graham Number (500.11). 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.
The nightly engine files RNW under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
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 | 500.11 | +7169% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 18.60 | +170% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 8.13 | +18% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 19.91 | +189% | 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 | 3.61 | -47% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -2,088.45 | -30455% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 7.02 | +2% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
ReNew Energy Global Plc scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability RNW scores 5.7/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
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 | 6 / 9 | ROIC | 1.2% |
|---|---|---|---|
| GLS Moat | 5.7 / 10 | ROE | 8.9% |
| Debt / equity | 6.20 | ROA | 1.1% |
| Free-cash-flow yield | -23.1% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 79: Good
With a Wheel Score of 79 - the Good band - ReNew Energy Global Plc clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 13/20, Moat 9/15, Premium 15/20, Stability 16/20; Moat (9/15) scores lowest.
Implied volatility is 30% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (15 of 20 points). Chain open interest is 4,295 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.2M shares a day on a market cap of $2.5B, with a beta of 1.18; the Stability part of the Wheel Score gives that 16 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 94% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 9 / 15 | moat 5.7/10 | |
| Premium | 15 / 20 | implied volatility 30% | |
| Stability | 16 / 20 | 1.2M shares/day, $2.5B cap, beta 1.18 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 9 Nov 2026, 24 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
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 |
|---|---|---|---|---|---|
| MWH SOLV Energy, Inc. Class A Common Stock | 23.94 | 12.85 | -86% | 52Fair | $3.0B |
| FRVO Fervo Energy Company | 10.26 | 0.7406 | -1285% | 27Weak | $3.0B |
| BEPC Brookfield Renewable Corporation | 28.93 | 22.79 | -27% | 45Weak | $4.4B |
| FLNC Fluence Energy, Inc. | 6.43 | - | - | 39Weak | $1.3B |
| ORA Ormat Technologies, Inc. | 89.54 | 33.44 | -168% | 59Fair | $5.5B |
| CWEN Clearway Energy, Inc. | 29.96 | 134.14 | +78% | 77Good | $6.2B |
| XIFR XPLR Infrastructure, LP | 9.89 | 9.11 | -9% | 59Fair | $932M |
| BEPI Brookfield Renewable Partners L.P. | 15.12 | 9.61 | -57% | 27No options | $8.4B |
| BEPH Brookfield BRP Holdings (Canada) Inc 4.625 % Notes 2021-Without Fixed Maturity Global Sub | 14.10 | 9.36 | -51% | 27No options | $8.4B |
| BEP Brookfield Renewable Partners L.P. | 28.65 | 12.94 | -121% | 52Fair | $8.6B |
| ENLT Enlight Renewable Energy Ltd | 70.06 | 22.39 | -213% | 57Fair | $9.8B |
| GFUZ General Fusion Group Ltd. | 7.04 | 1.41 | -399% | 17Weak | $568M |
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Start free See the Sunday ScanQuestions about RNW
Is RNW undervalued right now?
By the GLS models, yes: at 6.88 the stock is 94% below the average fair value of 110.07 (data as of 16 Oct 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 79 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for RNW?
110.07 per share as of 16 Oct 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?
The next earnings report is due on 9 Nov 2026, 24 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does RNW have listed options, and how liquid are they?
Yes. The nightly snapshot found 122 listed contracts with 4,295 open interest across all expiries and implied volatility of 30% 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.