Adani Green Energy vs Adani Power Which Performs Better?
Adani Green Energy and Adani Power are two major players in the energy sector in India. While both companies are part of the Adani Group, they have distinctive business models and strategies. Adani Green Energy focuses on renewable energy sources such as solar and wind power, while Adani Power primarily generates electricity from thermal sources. Investors looking to capitalize on the growing trend towards sustainability may favor Adani Green Energy, while those seeking more traditional energy sources may opt for Adani Power.
Adani Green Energy or Adani Power?
When comparing Adani Green Energy and Adani Power, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Adani Green Energy and Adani Power.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Adani Green Energy has a dividend yield of -%, while Adani Power has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Adani Green Energy reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Adani Power reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Adani Green Energy P/E ratio at 239.06 and Adani Power's P/E ratio at 17.80. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Adani Green Energy P/B ratio is 25.50 while Adani Power's P/B ratio is 4.05.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Adani Green Energy has seen a 5-year revenue growth of 2.95%, while Adani Power's is 1.02%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Adani Green Energy's ROE at 9.84% and Adani Power's ROE at 27.84%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹1511.00 for Adani Green Energy and ₹555.00 for Adani Power. Over the past year, Adani Green Energy's prices ranged from ₹910.00 to ₹2174.10, with a yearly change of 138.91%. Adani Power's prices fluctuated between ₹380.05 and ₹895.85, with a yearly change of 135.72%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.