Ratings Adani Green Energy Limited

Equities

ADANIGREEN

INE364U01010

Delayed NSE India S.E. Other stock markets 07:42:29 2024-04-30 EDT			5-day change	1st Jan Change
1,798 ^INR	-0.51%		+0.22%	+12.56%

04-15	Indian Equities Fall on Monday Amid Rising Iran-Israel Tensions	MT
04-15	Adani Green Energy Books 47% Jump in Fiscal 2024 Energy Sales	MT

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by -100% by 2026.
The earnings growth currently anticipated by analysts for the coming years is particularly strong.
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

With an expected P/E ratio at 201.76 and 151.44 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
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	+12.56%	34.11B		B
HUANENG LANCANG RIVER HYDROPOWER INC.	+10.78%	23.77B		C-
EDP RENOVÁVEIS, S.A.	-30.53%	14.09B		A-
ENGIE BRASIL ENERGIA S.A.	-9.77%	6.45B		A
NEOEN	-5.02%	4.67B		B-
ERG S.P.A.	-12.34%	3.94B		B+
NORTHLAND POWER INC.	-12.71%	3.91B		B+
ENCAVIS AG	+8.40%	2.91B		C+
RENANTIS S.P.A	-.--%	2.89B	-	-
CLEARWAY ENERGY, INC.	-15.13%	2.68B		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