Azure Power Global Ltd
OTC:AZREF

Watchlist Manager
Azure Power Global Ltd Logo
Azure Power Global Ltd
OTC:AZREF
Watchlist
Price: 0.5 USD Market Closed
Market Cap: 32.1m USD

Relative Value

The Relative Value of one AZREF stock under the Base Case scenario is 9.68 USD. Compared to the current market price of 0.5 USD, Azure Power Global Ltd is Undervalued by 95%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AZREF Relative Value
Base Case
9.68 USD
Undervaluation 95%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
79
Median 3Y
0.4
Median 5Y
0.2
Industry
1.7
vs History
vs Industry
Median 3Y
-3.7
Median 5Y
-10.9
Industry
14.7
vs History
39
vs Industry
75
Median 3Y
1.7
Median 5Y
0.9
Industry
6.9
vs History
4
vs Industry
57
Median 3Y
-0.2
Median 5Y
-0.6
Industry
13.5
vs History
61
vs Industry
91
Median 3Y
0.2
Median 5Y
0.2
Industry
1.4
vs History
12
vs Industry
12
Median 3Y
6.5
Median 5Y
5.8
Industry
2.8
vs History
12
vs Industry
40
Median 3Y
7.1
Median 5Y
6.4
Industry
7.7
vs History
9
vs Industry
35
Median 3Y
8.2
Median 5Y
7.3
Industry
10.3
vs History
6
vs Industry
33
Median 3Y
10.9
Median 5Y
9.7
Industry
14.8
vs History
14
vs Industry
8
Median 3Y
26
Median 5Y
23.3
Industry
10.8
vs History
6
vs Industry
14
Median 3Y
-3
Median 5Y
-3.4
Industry
16.5
vs History
68
vs Industry
80
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9

Multiples Across Competitors

AZREF Competitors Multiples
Azure Power Global Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Azure Power Global Ltd
OTC:AZREF
32.1m USD 0.3 -2.7 11.5 17.1
CN
China Yangtze Power Co Ltd
SSE:600900
748.7B CNY 8.7 22.2 21.4 21.4
ID
Barito Renewables Energy PT Tbk
IDX:BREN
786T IDR 78.7 371.3 113.6 113.6
CN
Huaneng Lancang River Hydropower Inc
SSE:600025
175.7B CNY 6.8 20.8 21.5 21.5
CN
China Longyuan Power Group Corp Ltd
HKEX:916
145B HKD 3.2 22.6 10.8 21.3
IN
Adani Green Energy Ltd
NSE:ADANIGREEN
1.6T INR 13.9 108.2 24.7 34.4
CN
China Three Gorges Renewables Group Co Ltd
SSE:600905
121.1B CNY 4.1 19.7 24.1 24.1
ES
EDP Renovaveis SA
ELI:EDPR
10.1B EUR 2.8 -19.9 39 39
CN
Sichuan Chuantou Energy Co Ltd
SSE:600674
77.7B CNY 45.3 16.5 155.4 155.4
IN
Ntpc Green Energy Ltd
NSE:NTPCGREEN
909.5B INR 41 190.5 55.7 92.2
IN
NHPC Ltd
NSE:NHPC
857.6B INR 8.3 28.5 21.2 27