Azure Financial Statements From 2010 to 2024
AZREDelisted Stock | USD 0.34 1.24 78.48% |
Check Azure Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azure Power's main balance sheet or income statement drivers, such as , as well as many indicators such as . Azure financial statements analysis is a perfect complement when working with Azure Power Valuation or Volatility modules.
Azure |
Azure Power Global Company Current Valuation Analysis
Azure Power's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Azure Power Current Valuation | 115.12 B |
Most of Azure Power's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Azure Power Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Azure Power Global has a Current Valuation of 115.12 B. This is much higher than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The current valuation for all United States stocks is significantly lower than that of the firm.
Azure Power Global Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Azure Power's current stock value. Our valuation model uses many indicators to compare Azure Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Azure Power competition to find correlations between indicators driving Azure Power's intrinsic value. More Info.Azure Power Global is rated fifth in return on equity category among its peers. It is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Azure Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Azure Power Financial Statements
Azure Power stakeholders use historical fundamental indicators, such as Azure Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although Azure Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Azure Power's assets and liabilities are reflected in the revenues and expenses on Azure Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Azure Power Global. Please read more on our technical analysis and fundamental analysis pages.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India. Azure Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 471 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Azure Stock
If you are still planning to invest in Azure Power Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Azure Power's history and understand the potential risks before investing.
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