Adani Power (NSE:ADANIPOWER) EV-to-FCF: (As of Jul. 16, 2026)

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NSE:ADANIPOWER Adani Power Ltd NSE:ADANIPOWER
75 GF Score
Price ₹216.57
GF Value ₹133.91
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Adani Power EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Adani Power's Enterprise Value is ₹4,713,952 Mil. Adani Power's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Adani Power's EV-to-FCF for today is .

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

NSE:ADANIPOWER' s EV-to-FCF Range Over the Past 10 Years
Min: -167.38   Med: 0   Max: 0
Current: -167.38

NSE:ADANIPOWER's EV-to-FCF is ranked worse than
100% of 236 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.36 vs NSE:ADANIPOWER: -167.38

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-16), Adani Power's stock price is ₹216.57. Adani Power's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.624. Therefore, Adani Power's PE Ratio (TTM) for today is 32.69.


Adani Power  (NSE:ADANIPOWER) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Adani Power's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=216.57/6.624
=32.69

Adani Power's share price for today is ₹216.57.
Adani Power's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6.624.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Adani Power EV-to-FCF Related Terms


Adani Power EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Adani Power's EV-to-FCF 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.

Adani Power EV-to-FCF Chart

Adani Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.53 22.19 20.48 23.70 -121.22

Adani Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.70 0.00 0.00 0.00 -121.22

NSE:ADANIPOWER vs CEG, VST, NRG: EV-to-FCF Comparison

For the Utilities - Independent Power Producers subindustry, Adani Power's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Adani Power EV-to-FCF vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Adani Power's EV-to-FCF falls into.


NSE:ADANIPOWER
75GF Score
Adani Power Ltd NSE:ADANIPOWER
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adani Power EV-to-FCF Calculation

Adani Power's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4713951.608/0
=

Adani Power's current Enterprise Value is ₹4,713,952 Mil.
Adani Power's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.

Is Adani Power (NSE:ADANIPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Power stock appears to be overvalued. The current stock price of ₹216.57 is trading 61.7% above its estimated GF Value™ of ₹133.91. GuruFocus considers Adani Power to be Significantly Overvalued.

Key valuation signals for NSE:ADANIPOWER:

  • EV-to-FCF:
  • GF Value™: ₹133.91 vs. price of ₹216.57 (61.7% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the NSE:ADANIPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adani Power Business Description

Other Exchanges 533096:India
Address S. G. Highway, Adani Corporate House, Shantigram, Near Vaishnodevi Circle, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Power Ltd sells power under long term / medium term / short term Power Purchase Agreement (PPAs), Supplemental Power Purchase Agreement (SPPAs), on merchant basis and also engaged in trading, investment and other business activities incidental and ancillary to power generation and sales. Its business activities revolve around development and operations of power generation plants including related activities and trading, investment and other activities as two segments. The company generates majority of revenue from Power Generation and related activities. It has presence Within India, and Outside India (Bangladesh). The company generates majority of revenue from India.
75GF Score

Get the complete analysis for NSE:ADANIPOWER

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹216.57
Price
₹133.91
GF Value