RNW (ReNew Energy Global) EV-to-EBIT : 15.89 (As of Dec. 14, 2024)

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What is ReNew Energy Global EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ReNew Energy Global's Enterprise Value is $10,016 Mil. ReNew Energy Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $630 Mil. Therefore, ReNew Energy Global's EV-to-EBIT for today is 15.89.

The historical rank and industry rank for ReNew Energy Global's EV-to-EBIT or its related term are showing as below:

RNW' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.78 Med: 15.63 Max: 18.73
Current: 15.89

During the past 6 years, the highest EV-to-EBIT of ReNew Energy Global was 18.73. The lowest was 8.78. And the median was 15.63.

RNW's EV-to-EBIT is ranked worse than
51.61% of 341 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.22 vs RNW: 15.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ReNew Energy Global's Enterprise Value for the quarter that ended in Sep. 2024 was $9,998 Mil. ReNew Energy Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $630 Mil. ReNew Energy Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 6.30%.

ReNew Energy Global EV-to-EBIT Historical Data

The historical data trend for ReNew Energy Global's EV-to-EBIT 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.

* Premium members only.

ReNew Energy Global EV-to-EBIT Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EV-to-EBIT

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25.87

15.40

15.04

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EV-to-EBIT	Get a 7-Day Free Trial														15.93	18.11	15.04	16.00	15.87

Competitive Comparison of ReNew Energy Global's EV-to-EBIT

For the Utilities - Renewable subindustry, ReNew Energy Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

ReNew Energy Global's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ReNew Energy Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ReNew Energy Global's EV-to-EBIT falls into.

ReNew Energy Global EV-to-EBIT Calculation

ReNew Energy Global's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	10015.836	/	630.181
	=	15.89

ReNew Energy Global's current Enterprise Value is $10,016 Mil.
ReNew Energy Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $630 Mil.

ReNew Energy Global (NAS:RNW) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ReNew Energy Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 )	=	EBIT	/	Enterprise Value (Q: Sep. 2024 )
	=	630.181	/	9997.94425
	=	6.30 %

ReNew Energy Global's Enterprise Value for the quarter that ended in Sep. 2024 was $9,998 Mil.
ReNew Energy Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $630 Mil.

ReNew Energy Global EV-to-EBIT Related Terms

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ReNew Energy Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (NAS:RNW) » Definitions » EV-to-EBIT

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7JU:Germany

Address

C/o Vistra (UK) Ltd., Suite 3, 7th Floor, No. 50, Broadway, London, GBR, SW1H 0DB

Website

https://www.renew.com

ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.