RENOVA (9519) AI Stock Analysis

• Market Cap: ¥68.10B
• Dividend Yield: N/A
• Average Volume (3M): 724.20K
• Price to Earnings (P/E): 25.2
• Beta (1Y): 1.42
• Revenue Growth: 56.98%
• EPS Growth: -73.47%
• Country: JP
• Employees: 287
• Sector: Consumer Defensive
• Sector Strength: 57
• Industry: Renewable Utilities
• EPS (TTM): N/A
• Shares Outstanding: 91,212,100
• 10 Day Avg. Volume: 755,080
• 30 Day Avg. Volume: 724,203
• PEG Ratio: 1.21
• Price to Book (P/B): 3.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -194.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥750.36
• Price Target Upside: 0.05% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: ¥767.00 ▲(2.27%Upside)

The overall stock score is influenced primarily by strong revenue growth and cash flow improvements despite high leverage and declining margins. Technical indicators suggest overbought conditions, posing a risk of a pullback. High P/E ratio indicates potential overvaluation, lacking dividend yield further limits appeal.

RENOVA Business Overview & Revenue Model

Company Description

RENOVA, Inc. is a Japan-based company primarily engaged in the renewable energy sector. The company develops, operates, and manages power generation facilities utilizing renewable energy sources such as solar, wind, biomass, and geothermal. RENOVA aims to contribute to a sustainable society by promoting the use of clean energy and reducing carbon emissions.

How the Company Makes Money

RENOVA makes money through the development and operation of renewable energy power plants. The company's key revenue streams include the sale of electricity generated from its solar, wind, biomass, and geothermal facilities. RENOVA enters into power purchase agreements (PPAs) with utilities and corporations, which provide a stable and predictable source of revenue over the long term. Additionally, the company may benefit from government incentives and subsidies aimed at promoting renewable energy projects. RENOVA's strategic partnerships with local communities, technology providers, and financial institutions also play a critical role in its ability to develop and expand its renewable energy portfolio.

RENOVA Financial Statement Overview

Summary

Strong revenue growth and improved cash flow provide a positive outlook, but declining margins and high debt levels present financial stability challenges.

Income Statement

The company's revenue has been showing a positive growth trend, with a significant increase from 2024 to 2025. However, the gross profit margin has decreased from 2024 to 2025, indicating higher costs relative to revenue. The net profit margin also decreased due to a decline in net income. The EBITDA margin remains strong, contributing positively to overall profitability.

Balance Sheet

The company has a high debt-to-equity ratio, which suggests potential risk in financial leverage. Despite an increase in stockholders' equity and total assets, the equity ratio remains relatively low. The return on equity has decreased, indicating reduced profitability for shareholders compared to previous years.

Cash Flow

Operating cash flow has shown a healthy increase, supporting strong free cash flow growth. The free cash flow to net income ratio is favorable, suggesting efficient cash management. The company has improved its free cash flow significantly from negative levels in earlier periods.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	70.25B	44.75B	33.58B	29.34B	20.75B
Gross Profit	17.65B	27.34B	23.61B	22.29B	18.61B
EBITDA	25.47B	26.88B	14.41B	11.79B	10.91B
Net Income	2.69B	8.86B	4.00B	3.01B	11.51B
Balance Sheet
Total Assets	530.05B	465.40B	303.38B	296.22B	220.55B
Cash, Cash Equivalents and Short-Term Investments	87.47B	66.49B	27.07B	17.88B	19.65B
Total Debt	332.92B	306.87B	206.08B	207.10B	160.41B
Total Liabilities	396.63B	359.70B	238.65B	243.78B	195.68B
Stockholders Equity	89.11B	68.00B	42.95B	31.89B	15.25B
Cash Flow
Free Cash Flow	23.00B	2.82B	-804.00M	-3.35B	6.85B
Operating Cash Flow	31.50B	18.73B	10.13B	12.15B	12.47B
Investing Cash Flow	-16.50B	-24.35B	-9.33B	-18.52B	-13.48B
Financing Cash Flow	-8.29B	1.38B	3.03B	3.37B	9.78B

RENOVA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 750.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9519, the sentiment is Positive. The current price of 750 is above the 20-day moving average (MA) of 657.05, above the 50-day MA of 660.06, and above the 200-day MA of 730.64, indicating a bullish trend. The MACD of 12.58 indicates Negative momentum. The RSI at 74.40 is Negative, neither overbought nor oversold. The STOCH value of 97.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9519.

RENOVA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1407	75 Outperform	¥70.78B	12.73		3.73%	-7.18%	-18.58%
9514	63 Neutral	¥7.01B	11.89		2.47%	1.41%	522.92%
9517	57 Neutral	¥57.90B	25.94		1.48%	-30.11%	―
9519	54 Neutral	¥68.10B	25.18	3.36%	―	56.98%	-73.47%
Sector *	53 Neutral	C$4.44B	4.02	-22.83%	4.35%	8.13%	2.00%
5074	50 Neutral	¥22.82B	25.51		2.36%	4.05%	-112.10%
1711	46 Neutral	¥2.40B	―		―	-2.43%	-32.85%

RENOVA Corporate Events

RENOVA Signs Finance Agreement with Tokyo Gas for Storage Battery Business

RENOVA has signed a finance-related agreement with Tokyo Gas for its storage battery business, marking a significant step in its collaboration with Tokyo Gas. This agreement, which includes a 20-year off-take arrangement, is expected to contribute to RENOVA’s revenue stability and support the integration of renewable energy into the power grid. The impact on RENOVA’s financial results for the fiscal year ending March 2026 is expected to be minimal, as the business development fee has already been included in the current financial forecast.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

RENOVA Announces Strategic Personnel Changes to Strengthen Leadership

RENOVA, Inc. announced significant personnel changes, including the appointment of Shunsuke Ohashi as Executive Officer and Co-Head of CHRO and Corporate Administration Division, and the reassignment of Kazushi Yamaguchi to include the Head of Corporate Administration Division. These changes reflect RENOVA’s strategic focus on enhancing its corporate structure and leadership to better align with its growth objectives in the renewable energy market.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

RENOVA Reports May 2025 Electricity Sales with Minimal Impact from Output Curtailments

RENOVA, Inc. reported its electricity sales for May 2025, highlighting a slight decrease in actual sales compared to planned figures, with a 1.7% drop but a significant year-on-year increase of 50.4%. Despite minor output curtailments due to operational constraints, the impact on the company’s financial forecast remains minimal, reflecting RENOVA’s strategic management of output and weather-related risks.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

RENOVA Reports Strong April Electricity Sales with Minimal Output Curtailment Impact

RENOVA, Inc. reported its electricity sales figures for April 2025, showing a slight increase of 0.6% over planned sales and a significant year-over-year growth of 121.6%. Despite minor output curtailments due to maintenance and external instructions, the impact on the company’s financial forecast remains minimal, indicating robust operational performance and strategic risk management.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

RENOVA Announces Fiscal Year 2025 Financial Results

RENOVA, Inc. has released its financial results for the fiscal year ending March 2025, highlighting the company’s ongoing projects and market strategies. The announcement provides insights into RENOVA’s operational plans and potential challenges, such as energy policy trends and environmental factors, which could impact its future performance and stakeholder interests.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen830.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

RENOVA, Inc. Reports Mixed Financial Results for FY 2025

RENOVA, Inc. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a significant increase in revenue by 57% to 70,246 million yen. However, the company experienced a decline in operating profit and profit before income taxes, with a notable decrease in profit attributable to owners of the parent by 69.7%. The financial results reflect challenges in profitability despite revenue growth, impacting stakeholders’ expectations and possibly influencing future strategic decisions.

RENOVA Announces Board and Audit Changes

RENOVA, Inc. has announced proposed changes to its board of directors and audit & supervisory board members, which will be finalized after the upcoming Annual General Meeting of Shareholders. The changes include the reappointment of several directors and the introduction of new audit and supervisory board members, reflecting the company’s ongoing efforts to strengthen its governance and oversight capabilities.

RENOVA Revises Full-Year Forecasts Upward Amid Biomass Profitability Gains

RENOVA, Inc. has revised its full-year consolidated forecasts for the fiscal year ending March 31, 2025, showing an increase in revenue and profitability. The revisions are due to improved profitability in the biomass business and reductions in development costs, indicating a positive impact on the company’s financial performance and industry positioning.

RENOVA Reports March 2025 Electricity Sales with Minor Shortfall

RENOVA, Inc. reported its electricity sales figures for March 2025, revealing a slight decrease in actual sales compared to planned figures, with a 1.2% shortfall for the full fiscal year. Despite some output curtailment due to maintenance and other factors, the impact on the company’s financial forecast was minor, indicating resilience in its operational strategy.