Azure Power Global Ltd AZREF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $1.00
- Day Range
- $1.00–1.01
- 52-Week Range
- $0.01–2.70
- Bid/Ask
- $0.70 / $1.30
- Market Cap
- $64.17 Mil
- Volume/Avg
- 2,616 / 12,716
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. Out of total operational capacity, approximately 90% of the company's plants are in high irradiation zones like Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh. The Company has a single operating and reporting segment: Sale of power.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Small Value
- Total Number of Employees
- 427
- Website
- https://www.azurepower.com
Comparables
Valuation
|
Metric
|
AZREF
|
542323
|
600886
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 71.09 | 20.07 |
Price/Book Value | — | 14.45 | 2.21 |
Price/Sales | — | 11.23 | 2.22 |
Price/Cash Flow | — | 49.64 | 5.27 |
Price/Earnings
AZREF
542323
600886
Financial Strength
|
Metric
|
AZREF
|
542323
|
600886
|
|---|---|---|---|
Quick Ratio | 0.71 | 0.78 | 0.68 |
Current Ratio | 1.06 | 1.38 | 0.74 |
Interest Coverage | 0.86 | 4.31 | 3.59 |
Quick Ratio
AZREF
542323
600886
Profitability
|
Metric
|
AZREF
|
542323
|
600886
|
|---|---|---|---|
Return on Assets (Normalized) | 0.02% | — | 2.29% |
Return on Equity (Normalized) | 0.10% | — | 11.84% |
Return on Invested Capital (Normalized) | 3.98% | — | 4.25% |
Return on Assets
AZREF
542323
600886
Utilities - Renewable Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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DOGEF
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CZAVF
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EBR
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BEP
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BEPC
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