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Renova EnergiaBSP:RNEW4 -2.67%41 Earnings Yield (Joel Greenblatt) % is 0.31% as of Mar. 2026, which is 6% below its 10-year median of 0.33. GuruFocus rates BSP:RNEW4 with a GF Score™ of 41/100 and a GF Value™ of R$1.19 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 487 Utilities - Independent Power Producers companies, Renova Energia ranks worse than 68.17% on this metric.
Renova Energia's Enterprise Value for the quarter that ended in Mar. 2026 was R$1,142.0 Mil.
Renova Energia's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R$3.6 Mil. Renova Energia's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 0.31%.
The historical rank and industry rank for Renova Energia's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:RNEW4'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -140.61 Med: 0.33 Max: 82.01
Current: 0.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Renova Energia was 82.01%. The lowest was -140.61%. And the median was 0.33%.
BSP:RNEW4's Earnings Yield (Joel Greenblatt) % is ranked worse than 68.17% of 487
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.38
vs BSP:RNEW4: 0.34
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Renova Energia's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -330.82%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Renova Energia (BSP:RNEW4) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Renova Energia Earnings Yield (Joel Greenblatt) % Related Terms
Renova Energia Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Renova Energia's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
Renova Energia Earnings Yield (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, Renova Energia's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Renova Energia's Earnings Yield (Joel Greenblatt) % falls into.
Renova Energia Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Renova Energias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Renova Energia's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$3.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 0.31% mean?
Renova Energia (BSP:RNEW4) has a Earnings Yield (Joel Greenblatt) % of 0.31% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Renova Energia and its competitors. This is near median its historical median of 0.33. According to the industry distribution chart, Renova Energia ranks #332 out of 487 companies in the Utilities - Independent Power Producers industry, placing it in the top 68.2%.
Is Renova Energia's Earnings Yield (Joel Greenblatt) % too high?
Renova Energia's current Earnings Yield (Joel Greenblatt) % of 0.31% is near median its 10-year median of 0.33. The Utilities - Independent Power Producers industry median Earnings Yield (Joel Greenblatt) % is 3.38. Renova Energia's value of 0.31% is 90.8% below this industry median. Based on the distribution chart, Renova Energia ranks #332 out of 487 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Renova Energia has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Renova Energia ranks #332 out of 487 companies for Earnings Yield (Joel Greenblatt) %. This places Renova Energia in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.38. Renova Energia's value of 0.31% is 90.8% below this benchmark. While the company's 10-year median is 0.33 vs. the industry median of 3.38, 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 Earnings Yield (Joel Greenblatt) % for an Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.38, based on 487 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Renova Energia's current Earnings Yield (Joel Greenblatt) % of 0.31% is 90.8% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Renova Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current Earnings Yield (Joel Greenblatt) % is 0.31%, which is near median its own 10-year median of 0.33. 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:RNEW4) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.19, compared to a current price of R$0.73 — trading 38.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.31%, which is near median its 10-year median of 0.33 and 90.8% below the Utilities - Independent Power Producers industry median of 3.38. Renova Energia's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Renova Energia (BSP:RNEW4), the current Earnings Yield (Joel Greenblatt) % is 0.31% 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:RNEW4) Overvalued in 2026?
Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued.
The current stock price of R$0.73 is trading 38.7% below its estimated GF Value™ of R$1.19.
GuruFocus considers Renova Energia to be Possible Value Trap.
Key valuation signals for BSP:RNEW4:
Earnings Yield (Joel Greenblatt) %: 0.31% (near median its 10-year median of 0.33)
GF Value™: R$1.19 vs. price of R$0.73 (38.7% below fair value)
Industry Position: 90.8% below the Utilities - Independent Power Producers median (#332 of 487)
No single metric tells the full story. See the BSP:RNEW4 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.
41GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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