Northland Power (OTCMKTS:NPIFF) and ReNew Energy Global (NASDAQ:RNW) Head-To-Head Review

Northland Power (OTCMKTS:NPIFF) and ReNew Energy Global (NASDAQ:RNW) are both mid-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

Valuation and Earnings

This table compares Northland Power and ReNew Energy Global”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Northland Power	$1.74 billion	2.34	-$116.84 million	($0.41)	-38.02
ReNew Energy Global	$137.78 billion	0.02	$105.00 million	$0.32	21.36

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

Institutional and Insider Ownership

43.6% of ReNew Energy Global shares are owned by institutional investors. 8.6% of ReNew Energy Global shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Northland Power	-5.60%	10.37%	3.30%
ReNew Energy Global	7.24%	7.71%	1.07%

Volatility and Risk

Northland Power has a beta of 0.14, meaning that its share price is 86% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 1.14, meaning that its share price is 14% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current recommendations for Northland Power and ReNew Energy Global, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Northland Power	0	3	4	0	2.57
ReNew Energy Global	0	4	0	0	2.00

ReNew Energy Global has a consensus target price of $6.39, suggesting a potential downside of 6.51%. Given ReNew Energy Global’s higher possible upside, analysts clearly believe ReNew Energy Global is more favorable than Northland Power.

Summary

ReNew Energy Global beats Northland Power on 9 of the 14 factors compared between the two stocks.

About Northland Power

Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements. It owned or had an economic interest 3.4 gigawatts of operating generating capacity. The company was founded in 1987 and is headquartered in Toronto, Canada.

About ReNew Energy Global

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.