GRE Stock Analysis: Grenergy Renovables S.A | MC
Engineering & Construction | MC, Spain | Market Cap: 3.194m EUR | 12M Return: 76.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.57M
Rev. Trend: 85.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Grenergy Renovables, S.A. (MC: GRE) is a Madrid-headquartered renewable energy company operating across Spain, Italy, the UK, Poland, Germany, Romania, Chile, Peru, Colombia, Argentina, Mexico, and the United States. Founded in 2007, the company is controlled by Daruan Group Holding, S.L., and is classified as a mid-cap Industrials stock.
The business is organized into four segments - Development and Construction, Energy, Commercialization, and Services - covering the full utility-scale renewables value chain. Grenergy develops, builds, operates, promotes, and sells photovoltaic and wind projects, alongside battery energy storage systems (BESS) and hybrid or stand-alone storage pipelines. It also provides asset management and operations and maintenance (O&M) services, a recurring-revenue layer common among independent power producers (IPPs) that complements the more capital-intensive development pipeline.
Geographically, the company combines a European footprint with a meaningful Latin American presence, regions where solar PV and wind resources are among the most competitive in the world. The combination of project development (typically long-cycle, high-margin) with energy commercialization and O&M services reflects the integrated IPP model increasingly used by renewables platforms to smooth cash flow across construction, generation, and post-commissioning phases.
- Latin America BESS and solar pipeline drives record project backlog
- Battery storage demand surges across Chile Peru and Mexico
- Rising capex and debt burden pressures renewable project margins
| Net Income: 56.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.25 > 0.02 and ΔFCF/TA -8.71 > 1.0 |
| NWC/Revenue: 36.84% < 20% (prev 11.49%; Δ 25.35% < -1%) |
| CFO/TA 0.02 > 3% & CFO 37.8m > Net Income 56.8m |
| Net Debt (1.30b) to EBITDA (149.9m): 8.67 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (28.1m) vs 12m ago -2.04% < -2% |
| Gross Margin: 18.69% > 18% (prev 28.43%; Δ -9.74% > 0.5%) |
| Asset Turnover: 32.41% > 50% (prev 40.47%; Δ -8.06% > 0%) |
| Interest Coverage Ratio: 2.04 > 6 (EBIT TTM 99.7m / Interest Expense TTM 48.9m) |
| DSRI: 1.34 (Receivables 118.4m/93.9m, Revenue 685.7m/727.0m) |
| GMI: 1.52 (GM 28.43% / 18.69%) |
| AQI: 0.62 (AQ_t 0.08 / AQ_t-1 0.13) |
| SGI: 0.94 (Revenue 685.7m / 727.0m) |
| TATA: 0.01 (NI 56.8m - CFO 37.8m) / TA 2.43b) |
| Beneish M = -2.54 (Cap -4..+1) = A |
As of July 05, 2026, the stock is trading at EUR 113.20 with a total of 30,427 shares traded. Over the past week, the price has changed by +0.53%, over one month by -10.73%, over three months by -1.22% and over the past year by +76.87%.
Current recommended Stop Loss: 100.40 (which is 11.3% or 2.5 ATR below the current price).
Grenergy Renovables S.A has no consensus analysts rating.
P/E Trailing = 34.012
P/E Forward = 31.4465
P/S = 3.29
P/B = 8.0792
Revenue TTM = 685.7m EUR
EBIT TTM = 99.7m EUR
EBITDA TTM = 149.9m EUR
Long Term Debt = 1.35b EUR (estimated: total debt 1.68b - short term 333.7m)
Short Term Debt = 333.7m EUR (from shortTermDebt, last quarter)
Debt = 1.75b EUR (from shortLongTermDebtTotal, last quarter) + Leases 69.7m
Net Debt = 1.30b EUR (calculated: Debt 1.75b - CCE 450.6m)
Enterprise Value = 4.49b EUR (3.19b + Debt 1.75b - CCE 450.6m)
Interest Coverage Ratio = 2.04 (Ebit TTM 99.7m / Interest Expense TTM 48.9m)
EV/FCF = -7.34x (Enterprise Value 4.49b / FCF TTM -612.3m)
FCF Yield = -13.62% (FCF TTM -612.3m / Enterprise Value 4.49b)
FCF Margin = -89.30% (FCF TTM -612.3m / Revenue TTM 685.7m)
Net Margin = 8.29% (Net Income TTM 56.8m / Revenue TTM 685.7m)
Gross Margin = 18.69% ((Revenue TTM 685.7m - Cost of Revenue TTM 557.6m) / Revenue TTM)
Gross Margin QoQ = 14.05% (prev 20.11%)
Tobins Q-Ratio = 1.85 (Enterprise Value 4.49b / Total Assets 2.43b)
Interest Expense / Debt = 2.80% (Interest Expense 48.9m / Debt 1.75b)
Taxrate = 16.07% (10.9m / 67.7m)
NOPAT = 83.7m (EBIT 99.7m * (1 - 16.07%))
Current Ratio = 1.43 (Total Current Assets 835.4m / Total Current Liabilities 582.8m)
Debt / Equity = 4.10 (Debt 1.75b / totalStockholderEquity, last quarter 427.3m)
Debt / EBITDA = 8.67 (Net Debt 1.30b / EBITDA 149.9m)
Debt / FCF = -2.12 (negative FCF - burning cash) (Net Debt 1.30b / FCF TTM -612.3m)
Total Stockholder Equity = 406.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.69% (Net Income 56.8m / Total Assets 2.43b)
RoE = 13.99% (Net Income TTM 56.8m / Total Stockholder Equity 406.3m)
RoCE = 5.69% (EBIT 99.7m / Capital Employed (Equity 406.3m + L.T.Debt 1.35b))
RoIC = 3.89% (NOPAT 83.7m / Invested Capital 2.15b)
WACC = 4.50% (E(3.19b)/V(4.95b) * Re(5.68%) + D(1.75b)/V(4.95b) * Rd(2.80%) * (1-Tc(0.16)))
Discount Rate = 5.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.21 | Cagr: -1.99%
[DCF] Fair Price = unknown (Cash Flow -612.3m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 85.87 | Revenue CAGR: 54.75% | SUE: 0.33 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.20 | Chg30d=+6.86% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.25 | Chg30d=+61.11% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=3.41 | Chg30d=+2.25% | Revisions=-12% | GrowthEPS=+9.8% | GrowthRev=-24.9%
EPS next Year (2027-12-31): EPS=5.56 | Chg30d=-3.55% | Revisions=-22% | GrowthEPS=+62.9% | GrowthRev=+38.8%
[Analyst] Revisions Ratio: -6% (up=6, down=7)