Which has the lower trailing P/E, MGEE or RNW?

MGEE has the lower trailing P/E: MGEE trades at 17.24 and RNW at 20.98. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MGEE or RNW?

Over the past five years, RNW grew revenue faster — MGEE at a 6.16% CAGR versus RNW at 17.39%.

Does MGEE or RNW pay a bigger dividend?

MGEE pays a dividend (2.74% yield), while RNW has no payments in the available dividend history.

Is MGEE or RNW more profitable?

MGEE runs the higher net margin — MGEE at 19.45% versus RNW at 8.09%.

How have MGEE and RNW total returns compared?

Over the past 5 years, MGEE delivered 0.75% and RNW delivered -7.23% annualized total return. Past performance doesn't predict future results.

MGE Energy, Inc. (MGEE) vs ReNew Energy Global Plc (RNW)

A side-by-side comparison of MGE Energy, Inc. and ReNew Energy Global Plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

MGEE

MGE Energy, Inc.

$2.65B

$70.17UtilitiesDelayed quote: Oct 6, 2026, 1:00 PM EDT

RNW

ReNew Energy Global Plc

$2.50B

$6.88UtilitiesDelayed quote: Oct 6, 2026, 12:55 PM EDT

Total return — MGEE vs RNW

growth of $100 · dividends reinvested · last 6y

MGEE +24.2% (+3.7%/yr)RNW -36.9% (-7.4%/yr)MGEE compounded faster over this window

MGEE RNW

MGEE vs RNW: by the numbers

•MGEE is the larger company ($2.65B vs $2.50B market cap).
•MGEE trades at the lower trailing earnings multiple (17.24 vs 20.98 P/E), one valuation lens rather than an overall verdict.
•MGEE converts more revenue to profit (19.45% vs 8.09% net margin).
•RNW grew revenue faster over the past five years (17.39% vs 6.16% CAGR).
•MGEE pays a dividend (2.74% yield), while RNW has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	MGEE	RNW
P/E ratio	17.24	20.98
Forward P/E	17.72	N/A
PEG ratio	2.32	N/A
P/S ratio	3.44	1.66
P/B ratio	1.84	1.80
EV / EBITDA	12.43	10.83

Profitability

Metric	MGEE	RNW
Gross margin	97.31%	62.17%
Operating margin	22.02%	42.15%
Net margin	19.45%	8.09%
ROE	10.39%	8.80%
ROIC	4.72%	4.63%

Dividends

Metric	MGEE	RNW
Dividend yield	2.74%	N/A
Payout ratio	47.50%	N/A

Growth (annualized)

Metric	MGEE	RNW
Revenue CAGR (5Y)	6.16%	17.39%
EPS CAGR (5Y)	7.43%	N/A
Total return CAGR (5Y)	0.75%	-7.23%

Frequently asked

Which has the lower trailing P/E, MGEE or RNW?: MGEE has the lower trailing P/E: MGEE trades at 17.24 and RNW at 20.98. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MGEE or RNW?: Over the past five years, RNW grew revenue faster — MGEE at a 6.16% CAGR versus RNW at 17.39%.
Does MGEE or RNW pay a bigger dividend?: MGEE pays a dividend (2.74% yield), while RNW has no payments in the available dividend history.
Is MGEE or RNW more profitable?: MGEE runs the higher net margin — MGEE at 19.45% versus RNW at 8.09%.
How have MGEE and RNW total returns compared?: Over the past 5 years, MGEE delivered 0.75% and RNW delivered -7.23% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MGEE analysis Full RNW analysis Interactive comparison tool

Dig into the metrics

MGE Energy P/E ratio ReNew Energy Global P/E ratio MGE Energy dividend yield MGE Energy ROE ReNew Energy Global ROE MGE Energy operating margin ReNew Energy Global operating margin MGE Energy revenue growth ReNew Energy Global revenue growth MGE Energy free cash flow ReNew Energy Global free cash flow

MGE Energy & ReNew Energy Global appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Fastest Revenue Growth Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.