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Greencoat Renewables PLC (GRP) Fair Value & Analysis

Utilities · GB · Market cap €814M

GR Greencoat Renewables PLC GRP · LSE
Price€0.7830
Fair Value€0.9500
Upside+21.3%
Quality51/100
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Mixed Growth
Highly profitable · 79.2% net margin
Low debt · generates free cash flow
8.92% dividend yield
Wide moat 67/100
Evidence: Low Range €0.5600 – €2.15 Share as image

Fair value as of: Aug 13, 2026

From 5 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from €0.9600 to €0.9500 (−1.0%) since Jul 31, 2026. Share price +3.4% over the past month.

A solid business, screening 21% undervalued on our models.

What matters now

  • The model range is unusually wide (€0.5600 to €2.15). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

€0.9275 €0.6230 Fair Value €0.9500 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range €0.6230 – €0.9275 · fair‑value band €0.5600 – €2.15 · the €0.7830 price screens below the €0.9500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Greencoat Renewables PLC (GRP) currently trades at €0.7830, while our model-based Fair Value estimate is €0.9500, implying the stock looks roughly 21.3% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Utilities sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Greencoat Renewables PLC generated revenue of €172M at a net margin of 79.2%. It earns a return on equity of 12.3%. The balance sheet holds a net cash position of €44.6M. Fundamentals as of Aug 13, 2026

Our scenario range runs from €0.5600 (bear case) to €2.15 (bull case); at €0.7830, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 26% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -11% fair-value upside, at 21%, GRP screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF €0.5400 €1.13 €2.07 80
Gordon GGM €0.5100 €0.9300 €1.28 70
DDM Multi-Stage €0.5100 €0.8500 €0.9900 61
All 5 models by family
DCF Models
FCF DCF €0.5900 €0.9900 €2.19 38
Dividend Discount
Gordon GGM €0.5100 €0.9300 €1.28 70
DDM Multi-Stage €0.5100 €0.8500 €0.9900 61
Asset-Based
NCAV (Graham) €0.4800 €0.6500 €0.9700 50
Growth DCF
Growth DCF €0.5400 €1.13 €2.07 80

Widest divergence: Growth DCF (€1.13) versus Asset-Based (€0.6500). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €172M
Revenue growth (YoY) +257,236%
Net margin 79.2%
Return on equity 12.3%
Free cash flow €73.1M FY2025
Operating margin 91.2%
More key figures
EPS (TTM) €0.1300
Dividend yield 8.9%
EPS growth (YoY) -11.8%
Net cash €44.6M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 44 · Market factors (momentum, volatility) 70

Profitability 23
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 86
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in France, Finland, Sweden, and Spain. As of December 31, 2021, the company operated 25 wind farms with an aggregate generating capacity of 800 megawatts. It also invests in solar generation assets. The company was incorporated in 2017 and is based in Dublin, Ireland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Greencoat Renewables PLC reported revenue of −€38.7M in FY2025 versus €80.6M in FY2021. Reported net income was −€52.4M in FY2025.

Growth Quality 77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
€62.0M
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−8.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.0%
Avg. growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+81.4%
Revenue
FY21 €80.6M
FY22 €148M
FY23 €510K
FY24 €62.0M
FY25 −€38.7M
Net income
FY21 €71.1M
FY22 €137M
FY23 €69.5M
FY24 €51.0M
FY25 −€52.4M

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Cite: Fair Value Calculator (2026). "Greencoat Renewables PLC Fair Value". https://www.fairvalue-calculator.com/stock/GRP.LSE

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Huaneng Lancang River Hydropower Inc 600025 ¥9.69 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,319 ₹169.61 -87%
AXIA Energia SA AXIAP $10.74 $9.54 -11%
VERBUND AG OEWA €56.80 €66.19 +17%
BEP BEP $34.23 $70.40 +106%
BEPUN BEPUN C$44.56 C$10.15 -77%
China Longyuan Power Group 001289 ¥15.92 ¥7.55 -53%
SDIC Power Holdings 600886 ¥13.95 ¥16.63 +19%

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Frequently asked questions

Is Greencoat Renewables PLC (GRP) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of €0.9500 versus a price of €0.7830, about +21% (undervalued).
What is the fair value of GRP?
Our model-based fair value for Greencoat Renewables PLC is €0.9500 (as of Aug 13, 2026), built from audited fundamentals. The current price is €0.7830.
What is the quality score of GRP?
Greencoat Renewables PLC has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Greencoat Renewables PLC (GRP)?
Greencoat Renewables PLC reported trailing-twelve-month revenue of about €172M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GRP?
The net profit margin of Greencoat Renewables PLC is about 79.2%, meaning it keeps roughly 79.2% of revenue as net income. Based on the latest reported figures.
Does Greencoat Renewables PLC pay a dividend?
Greencoat Renewables PLC currently shows a dividend yield of about 9.12% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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