Renova Energia (BSP:RNEW3) ROCE %: -0.51% (As of Mar. 2026)


BSP:RNEW3 Renova Energia SA BSP:RNEW3
51 GF Score
Price R$0.91
GF Value R$1.28
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Renova Energia ROCE %?

Renova Energia BSP:RNEW3 -3.19% 51 ROCE % is -0.51% as of Mar. 2026. GuruFocus rates BSP:RNEW3 with a GF Score™ of 51/100 and a GF Value™ of R$1.28 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Renova Energia's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.51%.

Renova Energia  (BSP:RNEW3) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Renova Energia ROCE % Related Terms

Renova Energia ROCE % Historical Data

* Premium members only.

The historical data trend for Renova Energia's ROCE % 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 ROCE % Chart

Renova Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.85 49.76 7.50 0.53 -0.29

Renova Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -1.67 3.17 -2.54 0.40 -0.51
BSP:RNEW3
51GF Score
Renova Energia SA BSP:RNEW3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Renova Energia ROCE % Calculation

Renova Energia's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-7.922/( ( (3061.346 - 362.642) + (3024.583 - 328.561) )/ 2 )
=-7.922/( (2698.704+2696.022)/ 2 )
=-7.922/2697.363
=-0.29 %

Renova Energia's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-13.788/( ( (3024.583 - 328.561) + (3046.846 - 359.524) )/ 2 )
=-13.788/( ( 2696.022 + 2687.322 )/ 2 )
=-13.788/2691.672
=-0.51 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.51% mean?
Renova Energia (BSP:RNEW3) has a ROCE % of -0.51% as of Mar. 2026.
Is Renova Energia's ROCE % too high?
Renova Energia's current ROCE % is -0.51%. Overall, Renova Energia has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's ROCE % compare to competitors?
Renova Energia's ROCE % of -0.51% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current ROCE % is -0.51%. 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$1.28, compared to a current price of R$0.91 — trading 28.9% below its estimated fair value. The current ROCE % is -0.51%. Renova Energia's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Renova Energia (BSP:RNEW3), the current ROCE % is -0.51% 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:RNEW3) Overvalued in 2026?

Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued. The current stock price of R$0.91 is trading 28.9% below its estimated GF Value™ of R$1.28. GuruFocus considers Renova Energia to be Modestly Undervalued.

Key valuation signals for BSP:RNEW3:

  • ROCE %: -0.51%
  • GF Value™: R$1.28 vs. price of R$0.91 (28.9% below fair value)
  • GF Score™: 51/100 with 3 warning signs

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 Business Description

Other Exchanges RNEW4:Brazil
Address Avenue Das Nacoes Unidas, No. 10,989, 8th floor set 82, Brooklin Paulista, Sao Paulo, SP, BRA
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.
51GF Score

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

R$0.91
Price
R$1.28
GF Value