Financial Analysis: ReNew Energy Global (NASDAQ:RNW) & Hallador Energy (NASDAQ:HNRG)

Hallador Energy (NASDAQ:HNRG – Get Free Report) and ReNew Energy Global (NASDAQ:RNW – Get Free Report) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their dividends, valuation, earnings, analyst recommendations, profitability, institutional ownership and risk.

Volatility and Risk

Hallador Energy has a beta of 0.45, suggesting that its share price is 55% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500.

Institutional & Insider Ownership

61.4% of Hallador Energy shares are owned by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are owned by institutional investors. 17.4% of Hallador Energy shares are owned by insiders. Comparatively, 8.7% of ReNew Energy Global shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Hallador Energy and ReNew Energy Global”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Hallador Energy $454.91 million 1.51 $41.87 million $0.02 728.00
ReNew Energy Global $1.60 billion 1.56 $105.00 million $0.32 21.53

ReNew Energy Global has higher revenue and earnings than Hallador Energy. ReNew Energy Global is trading at a lower price-to-earnings ratio than Hallador Energy, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Hallador Energy and ReNew Energy Global’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Hallador Energy -0.20% -0.52% -0.21%
ReNew Energy Global 7.24% 7.71% 1.07%

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Hallador Energy and ReNew Energy Global, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hallador Energy 2 0 2 2 2.67
ReNew Energy Global 0 4 0 0 2.00

Hallador Energy presently has a consensus price target of $24.88, suggesting a potential upside of 70.84%. ReNew Energy Global has a consensus price target of $6.39, suggesting a potential downside of 7.26%. Given Hallador Energy’s stronger consensus rating and higher possible upside, analysts plainly believe Hallador Energy is more favorable than ReNew Energy Global.

Summary

ReNew Energy Global beats Hallador Energy on 8 of the 15 factors compared between the two stocks.

About Hallador Energy

(Get Free Report)

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana. It is also involved in gas exploration activities in Indiana; and operation of logistics transport facility. Hallador Energy Company was founded in 1949 and is headquartered in Terre Haute, Indiana.

About ReNew Energy Global

(Get Free Report)

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

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