Loading…
Employees: 4,478
Size Renew (RNWH.L) is a United Kingdom Industrials company (Engineering & Construction) with a market value of $1.15B, the 208th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £1,082 on 6 Nov 2026.
Performance Over six months the shares gained 18.5%, against -16.9% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 7.9% over the last twelve months (peer median +6.1%); the operating margin is 5.5% (peer median 6.4%).
Valuation It trades at 15.3× forward earnings against a peer median of 18.1× (5th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 7.0 points above its cost of capital (10.0% WACC).
Credit Renew has 1 bond outstanding ($600M) and trading like BB- at a weighted spread of 293 bp.
Next results Next results expected around 24 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £1.11B | £1.08B | £1.01B | £848M | £816M |
| Revenue growth | — | +7% | +19% | +4% | — |
| Gross profit | £160M | £152M | £135M | £122M | £116M |
| EBITDA | £87.6M | £84.6M | £79.6M | £69.3M | £64.3M |
| Net income | £34.8M | £41.3M | £41.6M | £43.4M | £37.7M |
| Free cash flow | £54.4M | £53.2M | £39.1M | £48.7M | £52.4M |
| Capital expenditure | £8.65M | £5.87M | £6.15M | £5.41M | £5.06M |
| Total debt | n/a | £27.7M | £76.6M | £17.7M | £21.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RNWH.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.4% | +1.4% | 2nd highest of 21 |
| 6-month return | +18.5% | -16.9% | highest of 21 |
| Distance from 52-week high | -1.5% | -33.5% | highest of 21 |
| Revenue growth (TTM) | +7.9% | +6.1% | 10th highest of 21 |
| Operating margin | 5.5% | 6.4% | 8th lowest of 21 |
| Forward P/E | 15.3× | 18.1× | 5th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 7.7% | 6.7% | 4th most demanding of 9 |
| Growth delivered (Del g) | +11.7% | +12.2% | 5th highest of 9 |
| Hurdle (Req g minus delivered) | -4.0 pp | -9.7 pp | 5th least demanding of 9 |
| ROIC minus cost of capital | +7.0 pp | -2.0 pp | 3rd highest of 19 |
| EV / EBITDA | 10.0× | 13.1× | 2nd cheapest of 9 |
| Net debt / EBITDA | 0.2× | 1.1× | 4th least indebted of 11 |
| Bond spread | 293 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Renew RNWH.L | United Kingdom | $1.15B | +19% | +8% | 6% | 15.3× | 7.7% | +11.7% |
| Shenzhen Zhongzhuang Construction 002822.SZ | China | $1.15B | -15% | -56% | -96% | n/a | n/a | n/a |
| Ameresco AMRC | United States | $1.15B | -28% | +9% | 7% | 15.6× | n/a | n/a |
| Instalco INSTAL.ST | Sweden | $1.15B | +9% | +9% | 5% | 18.4× | 10.9% | +13.8% |
| Techno Electric & Engineering TECHNOE.NS | India | $1.14B | -28% | +39% | 13% | 18.8× | n/a | n/a |
| Norconsult NORCO.OL | Norway | $1.14B | +2% | +13% | 7% | 15.7× | -5.9% | +10.6% |
| China Bester Group Telecom 603220.SS | China | $1.17B | -48% | +3% | 6% | 20.0× | n/a | n/a |
| EPIC Suisse EPIC.SW | Switzerland | $1.17B | +2% | +4% | 78% | 20.8× | 7.1% | +4.3% |
| Jiangsu Zeyu Intelligent Electric Power 301179.SZ | China | $1.13B | -20% | +8% | 8% | 32.1× | 24.8% | +15.4% |
| GenusPlus GNP.AX | Australia | $1.18B | -12% | +71% | 6% | 18.1× | 6.2% | +32.1% |
| Decai Decoration 605287.SS | China | $1.12B | -3% | +17% | 5% | n/a | 25.3% | -5.4% |
| IPARK Hyundai Development 294870.KS | South Korea | $1.12B | +4% | -13% | 11% | 4.2× | n/a | n/a |
| Norbit NORBT.OL | Norway | $1.12B | -28% | +34% | 22% | 21.1× | -5.3% | +32.2% |
| Tianjin Capital Environmental Protection 600874.SS | China | $1.21B | -9% | -3% | 29% | 9.6× | -15.4% | +7.3% |
| thyssenkrupp nucera AG & Co. KGaA NCH2.DE | Germany | $1.09B | -13% | -42% | -13% | n/a | n/a | n/a |
| Xinjiang Communications Construction 002941.SZ | China | $1.22B | -20% | +23% | 5% | n/a | n/a | n/a |
| Lendlease LLC.AX | Australia | $1.23B | -16% | -30% | 0% | 147.4× | n/a | n/a |
| IRCON International IRCON.NS | India | $1.08B | -33% | -3% | 7% | 15.4× | n/a | n/a |
| Chiyoda 6366.T | Japan | $1.07B | -35% | +16% | 17% | 6.7× | n/a | n/a |
| Anhui Construction Engineering 600502.SS | China | $1.07B | -23% | -4% | 6% | 4.6× | n/a | n/a |
| JiShi Media 601929.SS | China | $1.25B | -18% | -2% | -24% | n/a | n/a | n/a |
Renew has 1 bond outstanding with $600M face value. Weighted yield 7.55%, a spread of 293 bp over government bonds.