Renova Energia (BSP:RNEW4) Scaled Net Operating Assets: 0.63 (As of Mar. 2026)


BSP:RNEW4 Renova Energia SA BSP:RNEW4
51 GF Score
Price R$0.80
GF Value R$1.23
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Renova Energia Scaled Net Operating Assets?

Renova Energia BSP:RNEW4 -2.44% 51 Scaled Net Operating Assets is 0.63 as of Mar. 2026. GuruFocus rates BSP:RNEW4 with a GF Score™ of 51/100 and a GF Value™ of R$1.23 (Possible Value Trap). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Renova Energia's operating assets for the quarter that ended in Mar. 2026 was R$2,965.4 Mil. Renova Energia's operating liabilities for the quarter that ended in Mar. 2026 was R$1,054.5 Mil. Renova Energia's Total Assets for the quarter that ended in Dec. 2025 was R$3,024.6 Mil. Therefore, Renova Energia's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.


Renova Energia Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Renova Energia's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Renova Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.82 0.71 0.60 0.63

Renova Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.60 0.62 0.64 0.65 0.63

Renova Energia Scaled Net Operating Assets Competitor Comparison

For the Utilities - Renewable subindustry, Renova Energia's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Renova Energia's Scaled Net Operating Assets falls into.


BSP:RNEW4
51GF Score
Renova Energia SA BSP:RNEW4
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renova Energia Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Renova Energia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2952.209-1029.059)/3061.346
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3024.583 - 72.374
=2952.209

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1834.376 - 750.891 - 54.426
=1029.059

Renova Energia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2965.437-1054.468)/3024.583
=0.63

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3046.846 - 81.409
=2965.437

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1893.552 - 770.068 - 69.016
=1054.468

* 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.

What does a Scaled Net Operating Assets of 0.63 mean?
Renova Energia (BSP:RNEW4) has a Scaled Net Operating Assets of 0.63 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Renova Energia and its competitors.
Is Renova Energia's Scaled Net Operating Assets too high?
Renova Energia's current Scaled Net Operating Assets is 0.63. Overall, Renova Energia has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Scaled Net Operating Assets compare to competitors?
Renova Energia's Scaled Net Operating Assets of 0.63 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Renova Energia and its competitors. Renova Energia's current Scaled Net Operating Assets is 0.63. 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:RNEW4) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.23, compared to a current price of R$0.80 — trading 35% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Renova Energia (BSP:RNEW4), the current Scaled Net Operating Assets is 0.63 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:RNEW4) Overvalued in 2026?

Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued. The current stock price of R$0.80 is trading 35% below its estimated GF Value™ of R$1.23. GuruFocus considers Renova Energia to be Possible Value Trap.

Key valuation signals for BSP:RNEW4:

  • Scaled Net Operating Assets: 0.63
  • GF Value™: R$1.23 vs. price of R$0.80 (35% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the BSP:RNEW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renova Energia Business Description

Other Exchanges RNEW3: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

Get the complete analysis for BSP:RNEW4

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$0.80
Price
R$1.23
GF Value