How does ACMESOLAR's PE Ratio compare to its peers?

ACMESOLAR is expensive based on its Price-To-Earnings Ratio (22.4x) compared to the peer average (9.4x).

How does ACMESOLAR's PE Ratio compare vs other companies in the IN Renewable Energy Industry?

ACMESOLAR is good value based on its Price-To-Earnings Ratio (22.4x) compared to the Indian Renewable Energy industry average (37.2x).

What is ACMESOLAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ACMESOLAR's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of ACMESOLAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate ACMESOLAR's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ACME Solar Holdings (NSEI:ACMESOLAR) - Stock Price, News & Analysis

ACMESOLAR Stock Overview

A solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar, wind, hybrid, and firm and dispatchable renewable energy projects in India. More details

ACMESOLAR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	2/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (22.4x) is below the Indian market (31.7x)

Earnings grew by 260.5% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Large one-off items impacting financial results

ACME Solar Holdings Limited Competitors

NLC India

BSE:513683

₹322.1b

Jaiprakash Power Ventures

NSEI:JPPOWER

₹114.4b

RattanIndia Power

BSE:533122

₹69.9b

PTC India

NSEI:PTC

₹49.3b

Price History & Performance

Summary of all time highs, changes and price drops for ACME Solar Holdings
Historical stock prices
Current Share Price	₹228.85
52 Week High	₹276.10
52 Week Low	₹227.85
Beta	0
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-9.60%

Recent updates

Shareholder Returns

	ACMESOLAR	IN Renewable Energy	IN Market
7D	n/a	-7.4%	-4.3%
1Y	n/a	50.8%	27.4%

Return vs Industry: Insufficient data to determine how ACMESOLAR performed against the Indian Renewable Energy industry.

Return vs Market: Insufficient data to determine how ACMESOLAR performed against the Indian Market.

Price Volatility

Is ACMESOLAR's price volatile compared to industry and market?
ACMESOLAR volatility
ACMESOLAR Average Weekly Movement	n/a
Renewable Energy Industry Average Movement	5.9%
Market Average Movement	6.2%
10% most volatile stocks in IN Market	9.2%
10% least volatile stocks in IN Market	4.0%

Stable Share Price: ACMESOLAR's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: Insufficient data to determine ACMESOLAR's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	214	Nikhil Dhingra	acmesolar.in

ACME Solar Holdings Limited, a solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar, wind, hybrid, and firm and dispatchable renewable energy projects in India. The company has an aggregate capacity of 3,668 MWp (2,719 MW) of solar generation. It also provides engineering, procurement, and construction services to other solar power developers.

ACME Solar Holdings Limited Fundamentals Summary

How do ACME Solar Holdings's earnings and revenue compare to its market cap?
ACMESOLAR fundamental statistics
Market cap	₹138.47b
Earnings (TTM)	₹6.17b
Revenue (TTM)	₹12.33b

22.4x

P/E Ratio

11.2x

P/S Ratio

Is ACMESOLAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACMESOLAR income statement (TTM)
Revenue	₹12.33b
Cost of Revenue	₹0
Gross Profit	₹12.33b
Other Expenses	₹6.15b
Earnings	₹6.17b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	10.20
Gross Margin	100.00%
Net Profit Margin	50.08%
Debt/Equity Ratio	479.9%

How did ACMESOLAR perform over the long term?

See historical performance and comparison

ACME Solar Holdings NSEI:ACMESOLAR Stock Report