ENEVA SA/S (OTCMKTS:ENEVY – Get Rating) and ReNew Energy Global (NASDAQ:RNW – Get Rating) are both utility companies, but which stock is superior? We’ll compare the two companies based on the strength of their profitability, risk, analyst recommendations, dividends, earnings, institutional ownership and valuation.
This table compares the net margins, return on equity and return on assets of ENEVA SA/S and ReNew Energy Global.
|Net margins||Return on equity||return on assets|
|ReNew Energy Global||N / A||-9.72%||-1.98%|
Insider and Institutional Ownership
38.8% of ReNew Energy Global shares are held by institutional investors. Strong institutional ownership indicates that hedge funds, endowments, and large fund managers believe a stock will outperform the market over the long term.
Risk and Volatility
ENEVA SA/S has a beta of -28.9, which means its stock price is 2,990% less volatile than the S&P 500. In comparison, ReNew Energy Global has a beta of 0.34, which means that its price is 66% less volatile than the S&P. 500.
Valuation and benefits
This table compares the revenue, earnings per share (EPS) and valuation of ENEVA SA/S and ReNew Energy Global.
|Gross revenue||Price/sales ratio||Net revenue||Earnings per share||Price/earnings ratio|
|ENEVA SA/S||$856.12 million||2.25||$242.92 million||N / A||N / A|
|ReNew Energy Global||$912.00 million||3.16||-$212.00 million||N / A||N / A|
ENEVA SA/S has higher revenues, but lower revenues than ReNew Energy Global.
This is a breakdown of recent ratings for ENEVA SA/S and ReNew Energy Global, as provided by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|ENEVA SA/S||0||0||0||0||N / A|
|ReNew Energy Global||0||0||4||0||3.00|
ReNew Energy Global has a consensus target price of $17.00, indicating a potential upside of 136.44%. Given the higher possible upside of ReNew Energy Global, analysts clearly believe that ReNew Energy Global is more favorable than ENEVA SA/S.
ReNew Energy Global beats ENEVA SA/S on 6 of the 10 factors compared between the two stocks.
About ENEVA SA/S
(Get an assessment)
Eneva SA, together with its subsidiaries, operates as an integrated energy company in Brazil. It generates electricity using coal, natural gas, hydropower and solar power. The company has an operational installed capacity of 2.2 GW. It is also involved in the exploration, development and production of natural gas; and energy trading activities. The company was previously known as MPX Energia SA and changed its name to Eneva SA in October 2013. Eneva SA was founded in 2001 and is headquartered in Rio de Janeiro, Brazil.
About ReNew Energy Global
(Get an assessment)
ReNew Energy Global Plc generates electricity from unconventional and renewable energy sources in India. The Company operates through wind power and solar power segments. It develops, builds, owns and operates large-scale wind and solar power projects, as well as distributed solar power projects that generate power for commercial and industrial customers. The company also provides engineering, procurement and construction services; operation and maintenance services; advisory services; and sells renewable energy certificates. As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar power projects, hydroelectric, farm power projects and distributed solar power projects, of which 7.57 GW of projects have been commissioned. in service and 3.12 GW have been committed. ReNew Energy Global Plc was founded in 2011 and is based in London, UK.
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