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Renova EnergiaBSP:RNEW3 +6.10%45 Equity-to-Asset is 0.38 as of Jun. 2026, which is 52% above its 10-year median of 0.25. GuruFocus rates BSP:RNEW3 with a GF Score™ of 45/100 and a GF Value™ of R$1.17 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 454 Utilities - Independent Power Producers companies, Renova Energia ranks worse than 54.85% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Renova Energia's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R$1,150.3 Mil. Renova Energia's Total Assets for the quarter that ended in Jun. 2026 was R$3,032.1 Mil.
Therefore, Renova Energia's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.38.
The historical rank and industry rank for Renova Energia's Equity-to-Asset or its related term are showing as below:
BSP:RNEW3'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.58 Med: 0.25 Max: 0.46
Current: 0.38
During the past 13 years, the highest Equity to Asset Ratio of Renova Energia was 0.46. The lowest was -0.58. And the median was 0.25.
BSP:RNEW3's Equity-to-Asset is ranked worse than 54.85% of 454
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41
vs BSP:RNEW3: 0.38
Renova Energia (BSP:RNEW3) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Renova Energia Equity-to-Asset Related Terms
Renova Energia Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Renova Energia's Equity-to-Asset 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 Equity-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Renova Energia's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Renova Energia's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Renova Energia's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.38 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Renova Energia and its competitors. This is 52% above median its historical median of 0.25. According to the industry distribution chart, Renova Energia ranks #249 out of 454 companies in the Utilities - Independent Power Producers industry, placing it in the top 54.8%.
Is Renova Energia's Equity-to-Asset too high?
Renova Energia's current Equity-to-Asset of 0.38 is 52% above median its 10-year median of 0.25. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Renova Energia's value of 0.38 is 7.3% below this industry median. Based on the distribution chart, Renova Energia ranks #249 out of 454 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Renova Energia has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Renova Energia ranks #249 out of 454 companies for Equity-to-Asset. This places Renova Energia in the lower half of its industry. The industry median Equity-to-Asset is 0.41. Renova Energia's value of 0.38 is 7.3% below this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 0.41, 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 Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 454 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Renova Energia's current Equity-to-Asset of 0.38 is 7.3% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Renova Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current Equity-to-Asset is 0.38, which is 52% above median its own 10-year median of 0.25. 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 Modestly Undervalued. The stock's GF Value™ is R$1.17, compared to a current price of R$0.87 — trading 25.6% below its estimated fair value. The current Equity-to-Asset is 0.38, which is 52% above median its 10-year median of 0.25 and 7.3% below the Utilities - Independent Power Producers industry median of 0.41. Renova Energia's overall GF Score™ is 45/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Renova Energia (BSP:RNEW3), the current Equity-to-Asset is 0.38 as of Jun. 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$0.87 is trading 25.6% below its estimated GF Value™ of R$1.17.
GuruFocus considers Renova Energia to be Modestly Undervalued.
Key valuation signals for BSP:RNEW3:
Equity-to-Asset: 0.38 (52% above median its 10-year median of 0.25)
GF Value™: R$1.17 vs. price of R$0.87 (25.6% below fair value)
Industry Position: 7.3% below the Utilities - Independent Power Producers median (#249 of 454)
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.
45GF Score
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