Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India.
Metrics to compare | WAAN | Peers Peers - average of corresponding metrics from companies closely matching WAAN: WEBELSOLAR, VIKRAMSOLR, ALPEXSOLAR, PREMIERENE, FSLR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipWAANPeersSector |
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P/E Ratio | 37.7x | −3.7x | 11.7x | |
PEG Ratio | 0.44 | 0.01 | 0.01 | |
Price/Book | 8.9x | 2.8x | 2.4x | |
Price / LTM Sales | 5.6x | 5.3x | 2.3x | |
Upside (Analyst Target) | −10.8% | −0.4% | 19.4% | |
Fair Value Upside | Unlock | 18.9% | 4.8% | Unlock |