ACME Solar Holdings Ltd ACMESOLAR
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
- ₹418.75
- Day Range
- ₹414.30–421.90
- 52-Week Range
- ₹195.90–476.90
- Bid/Ask
- ₹415.45 / ₹415.75
- Shares Outstanding
- 705.98M
- Market Cap
- ₹293.30B
- Volume/Avg
- 298,796 / 2M
Key Statistics
- Price/Earnings (Normalized)
- 35.69
- Price/Sales
- 9.36
- Dividend Yield (Trailing)
- 0.05%
- Dividend Yield (Forward)
- 0.05%
- Dividend Payment Schedule
- —
- Total Yield
- 0.05%
Company Profile
ACME Solar Holdings Ltd is a renewable energy Independent Power Producer (IPP) based in India. Along with its subsidiaries, it establishes, commissions, sets up, operates, and maintains power generation projects using solar, fossil, and other alternative energy sources. Its portfolio of solar power projects spans across different states in India, such as Gujarat, Odisha, Madhya Pradesh, Bihar, Andhra Pradesh, etc. Additionally, the Group provides end-to-end solutions for the generation, distribution, and supply of electricity and other products derived from solar, fossil, and alternative sources of energy, utilizing technologies and equipment including glass-based mirrors, photovoltaic systems, boilers, turbines, and other power-generation equipment.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 1,354
- Website
- https://www.acmesolar.in
Valuation
|
Metric
|
ACMESOLAR
|
|---|---|
Price/Earnings (Normalized) | 35.69 |
Price/Book Value | 3.42 |
Price/Sales | 9.36 |
Price/Cash Flow | 94.23 |
Price/Earnings
ACMESOLAR
Financial Strength
|
Metric
|
ACMESOLAR
|
|---|---|
Quick Ratio | 3.01 |
Current Ratio | 3.14 |
Interest Coverage | 1.79 |
Quick Ratio
ACMESOLAR
Profitability
|
Metric
|
ACMESOLAR
|
|---|---|
Return on Assets (Normalized) | 2.47% |
Return on Equity (Normalized) | 12.21% |
Return on Invested Capital (Normalized) | 6.48% |
Return on Assets
ACMESOLAR
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United States