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ReNew Energy GlobalRNW 85 EV-to-OCF is 10.08 as of Sep. 02, 2026, which is 11% below its 10-year median of 11.35. GuruFocus rates RNW with a GF Score™ of 85/100 and a GF Value™ of $8.94 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 444 Utilities - Independent Power Producers companies, ReNew Energy Global ranks worse than 51.35% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, ReNew Energy Global's Enterprise Value is $10,076 Mil.
ReNew Energy Global's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,000 Mil. Therefore, ReNew Energy Global's EV-to-OCF for today is 10.08.
The historical rank and industry rank for ReNew Energy Global's EV-to-OCF or its related term are showing as below:
RNW'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.69 Med: 11.35 Max: 18.61
Current: 10.08
During the past 8 years, the highest EV-to-OCF of ReNew Energy Global was 18.61. The lowest was 7.69. And the median was 11.35.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ReNew Energy Global (NAS:RNW) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
ReNew Energy Global's PE Ratio (TTM) for today is calculated as:
ReNew Energy Global's share price for today is $6.80.
ReNew Energy Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.321.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ReNew Energy Global EV-to-OCF Related Terms
ReNew Energy Global EV-to-OCF Historical Data
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The historical data trend for ReNew Energy Global's EV-to-OCF 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.
For the Utilities - Renewable subindustry, ReNew Energy Global's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ReNew Energy Global's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where ReNew Energy Global's EV-to-OCF falls into.
ReNew Energy Global's current Enterprise Value is $10,076 Mil.
ReNew Energy Global's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,000 Mil.
* 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.
ReNew Energy Global (RNW) has a EV-to-OCF of 10.08 as of Sep. 02, 2026. This is 11% below median its historical median of 11.35. Over the past decade, ReNew Energy Global's EV-to-OCF has ranged from 7.69 to 18.61. According to the industry distribution chart, ReNew Energy Global ranks #228 out of 444 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.4%.
Is ReNew Energy Global's EV-to-OCF too high?
ReNew Energy Global's current EV-to-OCF of 10.08 is 11% below median its 10-year median of 11.35. Over the past 10 years, this metric has ranged from a low of 7.69 to a high of 18.61. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.74. ReNew Energy Global's value of 10.08 is 3.5% above this industry median. Based on the distribution chart, ReNew Energy Global ranks #228 out of 444 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, ReNew Energy Global has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ReNew Energy Global's EV-to-OCF compare to FLNC and XIFR?
According to the Utilities - Independent Power Producers industry distribution chart, ReNew Energy Global ranks #228 out of 444 companies for EV-to-OCF. This places ReNew Energy Global in the lower half of its industry. The industry median EV-to-OCF is 9.74. ReNew Energy Global's value of 10.08 is 3.5% above this benchmark. Historically, ReNew Energy Global's own EV-to-OCF has ranged from 7.69 to 18.61 over the past decade. While the company's 10-year median is 11.35 vs. the industry median of 9.74, ReNew Energy Global has consistently been above 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 EV-to-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.74, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ReNew Energy Global's current EV-to-OCF of 10.08 is 3.5% above 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median EV-to-OCF is 9.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReNew Energy Global's current EV-to-OCF is 10.08, which is 11% below median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReNew Energy Global stock overvalued right now?
Based on GuruFocus' analysis, ReNew Energy Global (RNW) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.94, compared to a current price of $6.80 — trading 23.9% below its estimated fair value. The current EV-to-OCF is 10.08, which is 11% below median its 10-year median of 11.35 and 3.5% above the Utilities - Independent Power Producers industry median of 9.74. ReNew Energy Global's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For ReNew Energy Global (RNW), the current EV-to-OCF is 10.08 as of Sep. 02, 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 ReNew Energy Global (RNW) Overvalued in 2026?
Based on GuruFocus' analysis, ReNew Energy Global stock appears to be undervalued.
The current stock price of $6.80 is trading 23.9% below its estimated GF Value™ of $8.94.
GuruFocus considers ReNew Energy Global to be Modestly Undervalued.
Key valuation signals for RNW:
EV-to-OCF: 10.08 (11% below median its 10-year median of 11.35)
GF Value™: $8.94 vs. price of $6.80 (23.9% below fair value)
Industry Position: 3.5% above the Utilities - Independent Power Producers median (#228 of 444)
No single metric tells the full story. See the RNW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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