Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
ReNu Energy Limited develops renewable and clean energy solutions in Australia. The company originates and develops green hydrogen projects; and develops and commercializes water-based electrolyte battery technologies for the use in the development of high performance, non-toxic, and non-flammable supercapacitors and redox flow batteries. It also develops Powertracer, a grid scale renewable trading and tracing solution that enables corporations and individual customers to trace their renewable energy mix 24/7 and enables energy retailers to sell clean energy direct at prices specific to the source of the energy; and commercializes the Cobber, a patented micro renewable energy generator powered by biomass. The company was formerly known as Geodynamics Limited and changed its name to Renu Energy Limited in November 2016. ReNu Energy Limited was incorporated in 2000 and is based in Milton, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.