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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 0.4x - 0.4x | 0.4x |
Historical Pb Multiple | 0.2x - 3.6x | 1.9x |
Fair Value | $2.08 - $2.30 | $2.19 |
Upside | 48.3% - 64.0% | 56.2% |
Benchmarks | - | Full Ticker |
ReNew Energy Global Plc | - | NasdaqGS:RNW |
TERNA ENERGY Industrial Commercial Technical Societe Anonyme | - | OTCPK:TREA.Y |
Talen Energy Corporation | - | NasdaqGS:TLN |
Montauk Renewables, Inc. | - | NasdaqCM:MNTK |
Energy World Corporation Ltd | - | OTCPK:EWCL.F |
Azure Power Global Limited | - | OTCPK:AZRE.F |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
RNW | TREA.Y | TLN | MNTK | EWCL.F | AZRE.F | |||
NasdaqGS:RNW | OTCPK:TREA.Y | NasdaqGS:TLN | NasdaqCM:MNTK | OTCPK:EWCL.F | OTCPK:AZRE.F | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 5.2% | 6.3% | NM- | 10.8% | NM- | NM- | ||
3Y CAGR | NM- | 0.7% | NM- | NM- | NM- | NM- | ||
Latest Twelve Months | -65.5% | 27.8% | 644.8% | -34.9% | -2924.6% | -46.4% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -10.3% | 12.5% | 11.6% | 6.0% | -654.2% | -14.6% | ||
Prior Fiscal Year | -6.2% | 21.7% | 5.5% | 8.5% | -144.5% | -11.0% | ||
Latest Fiscal Year | 4.2% | 20.1% | 48.1% | 5.5% | -3235.7% | -15.7% | ||
Latest Twelve Months | 1.5% | 20.1% | 48.1% | 5.5% | -1718.5% | -15.7% | ||
Return on Equity | ||||||||
5 Year Average Margin | -6.4% | 12.5% | -2.9% | 5.2% | -27.7% | -8.9% | ||
Prior Fiscal Year | -4.3% | 11.2% | 10.9% | 6.3% | -6.7% | -6.5% | ||
Latest Twelve Months | 1.2% | 14.2% | 51.9% | 3.8% | -82.4% | -10.0% | ||
Next Fiscal Year | 1.6% | 14.5% | 62.9% | 6.1% | 165.7% | 10.9% | ||
Two Fiscal Years Forward | 7.0% | 17.5% | -81.7% | 8.1% | 62.4% | 15.7% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 2.1x | 6.8x | 4.4x | 1.7x | 1.5x | 0.2x | ||
Price / LTM EPS | 138.2x | 33.7x | 9.2x | 30.4x | -0.1x | -1.5x | ||
Price / Book | 1.7x | 4.8x | 6.6x | 1.2x | 0.1x | 0.2x | ||
Price / Fwd Book | 1.7x | 4.8x | -46.6x | 1.1x | -0.1x | 0.2x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.1x | 1.7x | 6.6x | |||||
Historical P/B Ratio | 0.2x | 1.9x | 3.6x | |||||
Selected P/B Multiple | 0.4x | 0.4x | 0.4x | |||||
(x) Book Value | 32,219 | 32,219 | 32,219 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | RNW | TREA.Y | TLN | MNTK | EWCL.F | AZRE.F | |
Value of Common Equity | 182,888 | 2,493 | 9,177 | 296 | 70 | 7,692 | |
(/) Shares Outstanding | 362.6 | 63.4 | 46.0 | 141.8 | 13,305.2 | 64.2 | |
Implied Stock Price | 504.34 | 39.34 | 199.67 | 2.09 | 0.01 | 119.88 | |
FX Conversion Rate to Trading Currency | 85.63 | 0.93 | 1.00 | 1.00 | 1.00 | 85.63 | |
Implied Stock Price (Trading Cur) | 5.89 | 42.50 | 199.67 | 2.09 | 0.01 | 1.40 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 85.63 | 0.93 | 1.00 | 1.00 | 1.00 | 85.63 |