Waaree Energies receives Investment Bank Analyst Rating Update
- Investing.com
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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: ALPEXSOLAR, WEBELSOLAR, PREMIERENE, FSLR, CSIQ | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipWAANPeersSector |
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P/E Ratio | 48.7x | −11.5x | 11.8x | |
PEG Ratio | 1.16 | 0.11 | 0.01 | |
Price/Book | 9.6x | 3.6x | 2.4x | |
Price / LTM Sales | 6.3x | 4.8x | 2.2x | |
Upside (Analyst Target) | −25.6% | 2.0% | 19.0% | |
Fair Value Upside | Unlock | 20.5% | 5.6% | Unlock |