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ReNew Energy Global (RNW) Competitors

ReNew Energy Global logo
$6.94 -0.10 (-1.42%)
(As of 05:27 PM ET)

RNW vs. SBS, KEP, DTM, KNTK, BEP, ENLC, ELPC, CWEN, BEPC, and BIPC

Should you be buying ReNew Energy Global stock or one of its competitors? The main competitors of ReNew Energy Global include Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), Korea Electric Power (KEP), DT Midstream (DTM), Kinetik (KNTK), Brookfield Renewable Partners (BEP), EnLink Midstream (ENLC), Companhia Paranaense de Energia (ELPC), Clearway Energy (CWEN), Brookfield Renewable (BEPC), and Brookfield Infrastructure (BIPC). These companies are all part of the "utilities" industry.

ReNew Energy Global vs.

ReNew Energy Global (NASDAQ:RNW) and Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) are both mid-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their community ranking, risk, valuation, analyst recommendations, institutional ownership, media sentiment, earnings, profitability and dividends.

In the previous week, ReNew Energy Global had 2 more articles in the media than Companhia de Saneamento Básico do Estado de São Paulo - SABESP. MarketBeat recorded 5 mentions for ReNew Energy Global and 3 mentions for Companhia de Saneamento Básico do Estado de São Paulo - SABESP. Companhia de Saneamento Básico do Estado de São Paulo - SABESP's average media sentiment score of 1.06 beat ReNew Energy Global's score of 0.94 indicating that Companhia de Saneamento Básico do Estado de São Paulo - SABESP is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ReNew Energy Global
2 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has lower revenue, but higher earnings than ReNew Energy Global. Companhia de Saneamento Básico do Estado de São Paulo - SABESP is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ReNew Energy Global$83.66B0.03$41M$0.06115.67
Companhia de Saneamento Básico do Estado de São Paulo - SABESP$26.17B0.36$705.76M$2.545.47

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a net margin of 25.62% compared to ReNew Energy Global's net margin of 2.70%. Companhia de Saneamento Básico do Estado de São Paulo - SABESP's return on equity of 27.73% beat ReNew Energy Global's return on equity.

Company Net Margins Return on Equity Return on Assets
ReNew Energy Global2.70% 2.16% 0.30%
Companhia de Saneamento Básico do Estado de São Paulo - SABESP 25.62%27.73%13.50%

ReNew Energy Global has a beta of 0.96, indicating that its share price is 4% less volatile than the S&P 500. Comparatively, Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500.

43.6% of ReNew Energy Global shares are held by institutional investors. Comparatively, 10.6% of Companhia de Saneamento Básico do Estado de São Paulo - SABESP shares are held by institutional investors. 8.7% of ReNew Energy Global shares are held by company insiders. Comparatively, 1.0% of Companhia de Saneamento Básico do Estado de São Paulo - SABESP shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

ReNew Energy Global currently has a consensus target price of $8.67, indicating a potential upside of 24.88%. Given ReNew Energy Global's higher possible upside, equities research analysts plainly believe ReNew Energy Global is more favorable than Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ReNew Energy Global
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00

Companhia de Saneamento Básico do Estado de São Paulo - SABESP received 210 more outperform votes than ReNew Energy Global when rated by MarketBeat users. Likewise, 58.25% of users gave Companhia de Saneamento Básico do Estado de São Paulo - SABESP an outperform vote while only 44.44% of users gave ReNew Energy Global an outperform vote.

CompanyUnderperformOutperform
ReNew Energy GlobalOutperform Votes
16
44.44%
Underperform Votes
20
55.56%
Companhia de Saneamento Básico do Estado de São Paulo - SABESPOutperform Votes
226
58.25%
Underperform Votes
162
41.75%

Summary

Companhia de Saneamento Básico do Estado de São Paulo - SABESP beats ReNew Energy Global on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RNW vs. The Competition

MetricReNew Energy GlobalElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.56B$13.99B$7.92B$9.28B
Dividend YieldN/A4.39%11.37%4.06%
P/E Ratio117.5215.3117.0017.51
Price / Sales0.038,171.88109.99142.21
Price / Cash9.858.7312.4137.95
Price / Book1.752.203.634.94
Net Income$41M$666.62M$930.36M$225.59M
7 Day Performance-5.50%-0.27%-1.68%-1.07%
1 Month Performance29.36%4.53%-1.45%7.23%
1 Year Performance-2.22%38.93%5.51%22.97%

ReNew Energy Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNW
ReNew Energy Global
3.1147 of 5 stars
$6.94
-1.4%
$8.67
+24.9%
-1.7%$2.52B$83.66B115.693,988High Trading Volume
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
1.7446 of 5 stars
$14.64
-0.7%
N/A+2.9%$10.01B$5.12B5.7511,170Positive News
KEP
Korea Electric Power
1.2204 of 5 stars
$7.57
+2.0%
N/A+2.9%$9.72B$91.66T3.4448,696
DTM
DT Midstream
4.0323 of 5 stars
$99.90
+0.0%
$84.78
-15.1%
+86.1%$9.71B$976M24.48360Short Interest ↓
Positive News
KNTK
Kinetik
2.8356 of 5 stars
$56.92
+0.2%
$49.00
-13.9%
+71.5%$8.97B$1.45B20.73200Analyst Forecast
News Coverage
BEP
Brookfield Renewable Partners
4.5112 of 5 stars
$23.84
+0.2%
$31.89
+33.8%
-12.3%$6.80B$5.77B-29.014,770Analyst Upgrade
ENLC
EnLink Midstream
3.6404 of 5 stars
$14.50
-1.0%
$15.40
+6.2%
+17.8%$6.63B$6.65B69.711,072
ELPC
Companhia Paranaense de Energia
N/A$5.36
flat
N/AN/A$5.74B$22.20B0.005,730News Coverage
Gap Down
CWEN
Clearway Energy
3.3575 of 5 stars
$26.65
-2.3%
$33.13
+24.3%
-2.0%$5.39B$1.31B25.7460Short Interest ↑
Positive News
BEPC
Brookfield Renewable
3.8579 of 5 stars
$29.73
-0.1%
$34.00
+14.4%
+1.8%$5.34B$4.22B-36.281,890
BIPC
Brookfield Infrastructure
N/A$40.11
-1.3%
N/A+12.7%$5.30B$3.64B28.221,700News Coverage
Positive News

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This page (NASDAQ:RNW) was last updated on 12/18/2024 by MarketBeat.com Staff
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