ReNew Energy Global (STU:7JU) Piotroski F-Score: 6 (As of Aug. 01, 2026) — 20% Above Median

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STU:7JU ReNew Energy Global PLC STU:7JU
83 GF Score
Price €5.40
GF Value €7.63
Valuation Modestly Undervalued
! 7 Warning Signs
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What is ReNew Energy Global Piotroski F-Score?

ReNew Energy Global STU:7JU +0.75% 83 Piotroski F-Score is 6 as of Aug. 01, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates STU:7JU with a GF Score™ of 83/100 and a GF Value™ of €7.63 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, ReNew Energy Global ranks better than 80.99% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

ReNew Energy Global has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for ReNew Energy Global's Piotroski F-Score or its related term are showing as below:

STU:7JU' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 6

During the past 8 years, the highest Piotroski F-Score of ReNew Energy Global was 6. The lowest was 4. And the median was 5.

ReNew Energy Global  (STU:7JU) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


ReNew Energy Global Piotroski F-Score Related Terms


ReNew Energy Global Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for ReNew Energy Global's Piotroski F-Score 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.

ReNew Energy Global Piotroski F-Score Chart

ReNew Energy Global Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 4.00 5.00 5.00 6.00

ReNew Energy Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 7.00 7.00 6.00 6.00

STU:7JU vs FLNC, XIFR, NRGV: Piotroski F-Score Comparison

For the Utilities - Renewable subindustry, ReNew Energy Global's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ReNew Energy Global's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where ReNew Energy Global's Piotroski F-Score falls into.


STU:7JU
83GF Score
ReNew Energy Global PLC STU:7JU
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 51.802 + 45.098 + -1.878 + 2.171 = €97 Mil.
Cash Flow from Operations was 119.899 + 277.957 + 214.83 + 168.67 = €781 Mil.
Revenue was 393.72 + 349.843 + 238.458 + 296.279 = €1,278 Mil.
Gross Profit was 326.168 + 295.755 + 208.58 + 239.832 = €1,070 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(10261.208 + 9707.777 + 9788.516 + 9810.998 + 9841.993) / 5 = €9882.0984 Mil.
Total Assets at the begining of this year (Mar25) was €10,261 Mil.
Long-Term Debt & Capital Lease Obligation was €5,031 Mil.
Total Current Assets was €1,261 Mil.
Total Current Liabilities was €2,962 Mil.
Net Income was 4.386 + 53.109 + -43.598 + 25.231 = €39 Mil.

Revenue was 253.911 + 287.48 + 207.615 + 310.52 = €1,060 Mil.
Gross Profit was 251.273 + 283.039 + 178.673 + 253.131 = €966 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(9684.493 + 9962.896 + 10008.067 + 10780.596 + 10261.208) / 5 = €10139.452 Mil.
Total Assets at the begining of last year (Mar24) was €9,684 Mil.
Long-Term Debt & Capital Lease Obligation was €6,314 Mil.
Total Current Assets was €1,224 Mil.
Total Current Liabilities was €2,100 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

ReNew Energy Global's current Net Income (TTM) was 97. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

ReNew Energy Global's current Cash Flow from Operations (TTM) was 781. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=97.193/10261.208
=0.00947189

ROA (Last Year)=Net Income/Total Assets (Mar24)
=39.128/9684.493
=0.00404027

ReNew Energy Global's return on assets of this year was 0.00947189. ReNew Energy Global's return on assets of last year was 0.00404027. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

ReNew Energy Global's current Net Income (TTM) was 97. ReNew Energy Global's current Cash Flow from Operations (TTM) was 781. ==> 781 > 97 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=5030.834/9882.0984
=0.5090856

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6313.985/10139.452
=0.62271462

ReNew Energy Global's gearing of this year was 0.5090856. ReNew Energy Global's gearing of last year was 0.62271462. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1260.742/2962.007
=0.42563775

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1224.247/2100.086
=0.58295089

ReNew Energy Global's current ratio of this year was 0.42563775. ReNew Energy Global's current ratio of last year was 0.58295089. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

ReNew Energy Global's number of shares in issue this year was 364.349. ReNew Energy Global's number of shares in issue last year was 366.273. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1070.335/1278.3
=0.83731127

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=966.116/1059.526
=0.91183794

ReNew Energy Global's gross margin of this year was 0.83731127. ReNew Energy Global's gross margin of last year was 0.91183794. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1278.3/10261.208
=0.12457598

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1059.526/9684.493
=0.10940438

ReNew Energy Global's asset turnover of this year was 0.12457598. ReNew Energy Global's asset turnover of last year was 0.10940438. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+1+0+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

ReNew Energy Global has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
ReNew Energy Global (STU:7JU) has a Piotroski F-Score of 6 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ReNew Energy Global and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, ReNew Energy Global's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, ReNew Energy Global ranks #81 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 19%.
Is ReNew Energy Global's Piotroski F-Score too high?
ReNew Energy Global's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. ReNew Energy Global's value of 6 is 20% above this industry median. Based on the distribution chart, ReNew Energy Global ranks #81 out of 426 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, ReNew Energy Global has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ReNew Energy Global's Piotroski F-Score compare to FLNC and XIFR?
According to the Utilities - Independent Power Producers industry distribution chart, ReNew Energy Global ranks #81 out of 426 companies for Piotroski F-Score. This places ReNew Energy Global in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. ReNew Energy Global's value of 6 is 20% above this benchmark. Historically, ReNew Energy Global's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, 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 Piotroski F-Score for an Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ReNew Energy Global's current Piotroski F-Score of 6 is 20% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on ReNew Energy Global and its competitors. For the Utilities - Independent Power Producers industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReNew Energy Global's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. 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 (STU:7JU) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.63, compared to a current price of €5.40 — trading 29.2% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Utilities - Independent Power Producers industry median of 5.00. ReNew Energy Global's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For ReNew Energy Global (STU:7JU), the current Piotroski F-Score is 6 as of Aug. 01, 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 (STU:7JU) Overvalued in 2026?

Based on GuruFocus' analysis, ReNew Energy Global stock appears to be undervalued. The current stock price of €5.40 is trading 29.2% below its estimated GF Value™ of €7.63. GuruFocus considers ReNew Energy Global to be Modestly Undervalued.

Key valuation signals for STU:7JU:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: €7.63 vs. price of €5.40 (29.2% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 20% above the Utilities - Independent Power Producers median (#81 of 426)

No single metric tells the full story. See the STU:7JU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ReNew Energy Global Business Description

Other Exchanges RNW:USA
Address C/o Vistra (UK) Ltd., Suite 3, 7th Floor, No. 50, Broadway, London, GBR, SW1H 0DB
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.
83GF Score

Get the complete analysis for STU:7JU

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.40
Price
€7.63
GF Value