Renesola Fundamentals

SOL
 Stock
  

USD 5.00  0.35  6.54%   

Renesola Ltd ADR fundamentals help investors to digest information that contributes to Renesola's financial success or failures. It also enables traders to predict the movement of Renesola Stock. The fundamental analysis module provides a way to measure Renesola's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renesola stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Renesola Book Value Per Share Analysis

Renesola's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Book Value per Share 
 = 
Common Equity 
Average Shares 
More About Book Value Per Share | All Equity Analysis

Current Renesola Book Value Per Share

    
  2.62 X  
Most of Renesola's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renesola Ltd ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Compare to competition

In accordance with the recently published financial statements, the book value per share of Renesola Ltd ADR is about 2.62 times. This is 93.61% lower than that of the Technology sector and 27.82% lower than that of the Solar industry. The book value per share for all United States stocks is 99.86% higher than that of the company.

Renesola ADR Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Renesola's current stock value. Our valuation model uses many indicators to compare Renesola value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renesola competition to find correlations between indicators driving Renesola's intrinsic value. More Info.
Renesola Ltd ADR is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in retained earnings category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Renesola by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Renesola's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Renesola's earnings, one of the primary drivers of an investment's value.
Renesola Ltd ADR is currently regarded number one company in total debt category among related companies. Total debt of Solar industry is at this time estimated at about 157.61 Billion. Renesola adds roughly 54.97 Million in total debt claiming only tiny portion of equities listed under Solar industry.
Total debt  Workforce  Revenue  Capitalization  Valuation

Renesola Institutional Holders

Institutional Holdings refers to the ownership stake in Renesola that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Renesola's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Renesola's value.
Security TypeSharesValue
Shah Capital ManagementCommon Shares12.7 M60.6 M
Invesco LtdCommon Shares6.4 M30.6 M
State Street CorpCommon Shares3.6 M17.2 M
Marshall Wace LlpCommon Shares810.6 K3.9 M
Blackrock IncCommon Shares370.2 K1.8 M
First Trust Advisors LpCommon Shares325.7 K1.5 M
Susquehanna International Group LlpCall Options254.5 K1.2 M
Mitsubishi Ufj Kokusai Asset Management Co LtdCommon Shares166.3 K790 K
Susquehanna International Group LlpPut Options65.4 K311 K

Renesola Fundamentals

About Renesola Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renesola Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renesola using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renesola Ltd ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut. Renesola operates under Solar classification in the United States and is traded on New York Stock Exchange. It employs 164 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Renesola without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Transaction History Now

   

Transaction History

View history of all your transactions and understand their impact on performance
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at Renesola Piotroski F Score and Renesola Altman Z Score analysis. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for analysis

When running Renesola ADR price analysis, check to measure Renesola's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renesola is operating at the current time. Most of Renesola's value examination focuses on studying past and present price action to predict the probability of Renesola's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Renesola's price. Additionally, you may evaluate how the addition of Renesola to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Is Renesola's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renesola. If investors know Renesola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renesola listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Renesola ADR is measured differently than its book value, which is the value of Renesola that is recorded on the company's balance sheet. Investors also form their own opinion of Renesola's value that differs from its market value or its book value, called intrinsic value, which is Renesola's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renesola's market value can be influenced by many factors that don't directly affect Renesola's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renesola's value and its price as these two are different measures arrived at by different means. Investors typically determine Renesola value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renesola's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.