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Renova EnergiaBSP:RNEW3 +2.53%46 Debt-to-Equity is 0.73 as of Mar. 2026, which is at its 10-year median of 0.73. GuruFocus rates BSP:RNEW3 with a GF Score™ of 46/100 and a GF Value™ of R$1.25 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 401 Utilities - Independent Power Producers companies, Renova Energia ranks better than 56.11% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Renova Energia's Debt-to-Equity or its related term are showing as below:
BSP:RNEW3'
s Debt-to-Equity Range Over the Past 10 Years
Min: -5.54 Med: 0.73 Max: 6.16
Current: 0.73
During the past 13 years, the highest Debt-to-Equity Ratio of Renova Energia was 6.16. The lowest was -5.54. And the median was 0.73.
BSP:RNEW3's Debt-to-Equity is ranked better than 56.11% of 401
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84
vs BSP:RNEW3: 0.73
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Renova Energia Debt-to-Equity Related Terms
Renova Energia Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Renova Energia's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Renova Energia Debt-to-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Renova Energia's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Renova Energia Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Renova Energia's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Renova Energia (BSP:RNEW3) has a Debt-to-Equity of 0.73 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Renova Energia and its competitors. This is near median its historical median of 0.73. According to the industry distribution chart, Renova Energia ranks #176 out of 401 companies in the Utilities - Independent Power Producers industry, placing it in the top 43.9%.
Is Renova Energia's Debt-to-Equity too high?
Renova Energia's current Debt-to-Equity of 0.73 is near median its 10-year median of 0.73. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Renova Energia's value of 0.73 is 13.1% below this industry median. Based on the distribution chart, Renova Energia ranks #176 out of 401 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Renova Energia has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Renova Energia ranks #176 out of 401 companies for Debt-to-Equity. This puts Renova Energia in the upper half of its industry. The industry median Debt-to-Equity is 0.84. Renova Energia's value of 0.73 is 13.1% below this benchmark. While the company's 10-year median is 0.73 vs. the industry median of 0.84, Renova Energia has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 401 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Renova Energia's current Debt-to-Equity of 0.73 is 13.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Renova Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current Debt-to-Equity is 0.73, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renova Energia stock overvalued right now?
Based on GuruFocus' analysis, Renova Energia (BSP:RNEW3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.25, compared to a current price of R$0.81 — trading 35.2% below its estimated fair value. The current Debt-to-Equity is 0.73, which is near median its 10-year median of 0.73 and 13.1% below the Utilities - Independent Power Producers industry median of 0.84. Renova Energia's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Renova Energia (BSP:RNEW3), the current Debt-to-Equity is 0.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Renova Energia (BSP:RNEW3) Overvalued in 2026?
Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued.
The current stock price of R$0.81 is trading 35.2% below its estimated GF Value™ of R$1.25.
GuruFocus considers Renova Energia to be Possible Value Trap.
Key valuation signals for BSP:RNEW3:
Debt-to-Equity: 0.73 (near median its 10-year median of 0.73)
GF Value™: R$1.25 vs. price of R$0.81 (35.2% below fair value)
Industry Position: 13.1% below the Utilities - Independent Power Producers median (#176 of 401)
No single metric tells the full story. See the BSP:RNEW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
46GF Score
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