Market cap
$13,940 Mln
Revenue (TTM)
$8,722 Mln
P/E Ratio
12.4
P/B Ratio
0.7
Div. Yield
4.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 8.55 | 5.52 | 6.56 | 9.14 | 6.41 |
| EBIT | 42.79 | 128.46 | 83.06 | 14.48 | 7.03 |
| Net Profit | 13.33 | 173.56 | 113.27 | -0.81 | -5.64 |
| EPS | 21.30 | 247.36 | 109.26 | 9.89 | 8.52 |
| Book Value | -- | -- | 1.41 | 1.09 | 0.80 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| 11.87 | 13.42 | 16.60 | 12.82 | 10.02 |
| Net Margin
| 10.38 | 10.19 | 12.86 | -- | 10.72 |
| Return on equity
| 4.24 | 4.23 | 6.33 | 4.03 | 4.58 |
| Return on Capital
| 2.77 | 2.76 | -- | 2.59 | 3.12 |
| Return on Assets
| 1.95 | 1.91 | 2.24 | 1.85 | 2.19 |
| Debt to Equity (x)
| -- | -- | 0.55 | 0.62 | 0.48 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
--
|
2.59
|
3.12
|
2.61
|
2.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
6.33
Lower than Peers by 3.79
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
6.33
|
4.03
|
4.58
|
4.12
|
3.82
|
|
Peer Median
|
10.12
|
--
|
--
|
--
|
--
|
ROA
2.24
Lower than Peers by 0.29
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
2.24
|
1.85
|
2.19
|
1.83
|
1.61
|
|
Peer Median
|
2.53
|
--
|
--
|
--
|
--
|
EBIT Margin
16.60
Lower than Peers by 5.39
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
16.60
|
12.82
|
10.02
|
12.78
|
13.92
|
|
Peer Median
|
22.00
|
--
|
--
|
--
|
--
|
Net Margin
12.86
Lower than Peers by 0.58
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
12.86
|
9.46
|
10.72
|
10.04
|
9.17
|
|
Peer Median
|
13.45
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
6.56
Higher than Peers by 1.72
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
6.56
|
0.05
|
0.14
|
0.10
|
0.00
|
|
Peer Median
|
4.84
|
--
|
--
|
--
|
--
|
EBIT Growth
83.06
Higher than Peers by 73.09
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
83.06
|
34.13
|
-10.89
|
1.25
|
-21.01
|
|
Peer Median
|
9.97
|
--
|
--
|
--
|
--
|
Net Profit Growth
113.27
Higher than Peers by 103.25
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
113.27
|
-10.78
|
24.61
|
21.69
|
-17.00
|
|
Peer Median
|
10.01
|
--
|
--
|
--
|
--
|
EPS Growth
109.26
Higher than Peers by 101.80
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
109.26
|
-0.11
|
0.25
|
-0.03
|
-0.17
|
|
Peer Median
|
7.46
|
--
|
--
|
--
|
--
|
Book Value Growth
1.60
Lower than Peers by 3.47
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
1.60
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.55
Lower than Peers by 0.87
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
0.55
|
0.62
|
0.48
|
0.45
|
0.74
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.20
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
0.20
|
0.10
|
0.05
|
0.03
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.51
Lower than Peers by 0.33
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
0.51
|
0.65
|
0.73
|
1.13
|
1.23
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
Quick Ratio
0.44
Lower than Peers by 0.24
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
0.44
|
0.56
|
0.61
|
1.03
|
1.15
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
Interest Coverage
3.16
Higher than Peers by 0.52
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
3.16
|
2.60
|
2.62
|
2.99
|
2.78
|
|
Peer Median
|
2.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
15.62
Higher than Peers by 1.27
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
15.62
|
19.29
|
22.02
|
18.35
|
18.97
|
|
Peer Median
|
14.35
|
--
|
--
|
--
|
--
|
Asset Turnover
0.17
Lower than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
0.17
|
0.20
|
0.20
|
0.18
|
0.17
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
--
|
73.59
|
69.73
|
64.92
|
66.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
--
|
32.91
|
29.00
|
24.97
|
24.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
--
|
130.92
|
126.58
|
129.96
|
139.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
--
|
-24.42
|
-27.86
|
-40.08
|
-48.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
12.42
Lower than Peers by 8.85
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
12.42
|
15.97
|
18.89
|
27.35
|
24.22
|
|
Peer Median
|
21.27
|
--
|
--
|
--
|
--
|
Price / Book Value
0.71
Lower than Peers by 1.38
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
0.71
|
0.64
|
0.86
|
1.01
|
0.93
|
|
Peer Median
|
2.08
|
--
|
--
|
--
|
--
|
Dividend Yield
4.89
Higher than Peers by 1.67
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
4.89
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.22
|
--
|
--
|
--
|
--
|
EV/EBITDA
10.11
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
10.11
|
11.09
|
13.71
|
13.81
|
12.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
13,940
Higher than Peers by 11,185
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Avangrid (AGR)
|
13,940
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,755
|
--
|
--
|
--
|
--
|