Ratings Adani Green Energy Limited

Equities

ADANIGREEN

INE364U01010

Delayed NSE India S.E. Other stock markets 02:27:03 2024-05-08 am EDT			5-day change	1st Jan Change
1,748 ^INR	+1.26%		-2.29%	+9.33%

May. 07	Sri Lanka inks 20-year power purchase deal with India's Adani Green	RE
May. 06	Adani Green Energy Sees Sharp Decline in Fiscal Q4 Consolidated Net Profit	MT

Strengths

Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach -100% by 2026.
The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Sales forecast by analysts have been recently revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

With an expected P/E ratio at 198.28 and 148.83 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Most analysts agree on a negative opinion with regard to the stock. Indeed, the average consensus issues recommendations to underperform or sell.
The three month average target prices set by analysts do not offer high potential in comparison with the current prices.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Independent Power Producers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ADANI GREEN ENERGY LIMITED	+9.33%	32.76B		B
HUANENG LANCANG RIVER HYDROPOWER INC.	+8.57%	23.37B		C-
EDP RENOVÁVEIS, S.A.	-25.56%	15.22B		A-
ENGIE BRASIL ENERGIA S.A.	-7.94%	6.73B		A
NEOEN	+1.25%	5.02B		B-
ERG S.P.A.	-9.22%	4.12B		B+
NORTHLAND POWER INC.	-10.47%	4.03B		B+
ENCAVIS AG	+8.47%	2.94B		C+
RENANTIS S.P.A	-.--%	2.89B	-	-
CLEARWAY ENERGY, INC.	-10.44%	2.84B		C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes