Azure Power Global (Azure Power Global) EV-to-EBIT : 13.16 (As of Apr. 26, 2024)

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What is Azure Power Global EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Azure Power Global's Enterprise Value is $1,532.2 Mil. Azure Power Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $116.4 Mil. Therefore, Azure Power Global's EV-to-EBIT for today is 13.16.

The historical rank and industry rank for Azure Power Global's EV-to-EBIT or its related term are showing as below:

AZREF' s EV-to-EBIT Range Over the Past 10 Years
Min: 0 Med: 0 Max: 13.16
Current: 13.16

During the past 10 years, the highest EV-to-EBIT of Azure Power Global was 13.16. The lowest was 0.00. And the median was 0.00.

AZREF's EV-to-EBIT is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 14.81 vs AZREF: 13.16

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Azure Power Global's Enterprise Value for the quarter that ended in Mar. 2022 was $2,570.2 Mil. Azure Power Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $116.4 Mil. Azure Power Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 4.53%.

Azure Power Global EV-to-EBIT Historical Data

The historical data trend for Azure Power Global's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Azure Power Global EV-to-EBIT Chart

Azure Power Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EV-to-EBIT

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16.26

23.85

42.65

22.34

13.64

Azure Power Global Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Mar23
EV-to-EBIT	Get a 7-Day Free Trial															43.40	31.14	21.95	-	-

Competitive Comparison of Azure Power Global's EV-to-EBIT

For the Utilities - Renewable subindustry, Azure Power Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Azure Power Global's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Azure Power Global's EV-to-EBIT falls into.

Azure Power Global EV-to-EBIT Calculation

Azure Power Global's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1532.194	/	116.423
	=	13.16

Azure Power Global's current Enterprise Value is $1,532.2 Mil.
Azure Power Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $116.4 Mil.

Azure Power Global (OTCPK:AZREF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Azure Power Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2022 )	=	EBIT	/	Enterprise Value (Q: Mar. 2022 )
	=	116.423	/	2570.22736
	=	4.53 %

Azure Power Global's Enterprise Value for the quarter that ended in Mar. 2022 was $2,570.2 Mil.
Azure Power Global's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $116.4 Mil.

Azure Power Global EV-to-EBIT Related Terms

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Azure Power Global (Azure Power Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Azure Power Global Ltd (OTCPK:AZREF) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saket Place, 5th Floor, Southern Park, D-II, Saket, New Delhi, IND, 110017

Website

https://www.azurepower.com

Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. The Company has a single operating and reporting segment: Sale of power.