Risk factor
Considerable default risk
Profitability factor
Very favourable analyst view
About
Audax Renovables, S.A. operates as a green energy company, focusing on the production and distribution of renewable electricity and gas. Its activities extend across various nations, including Spain, Portugal, Italy, Poland, Germany, the Netherlands, France, and Panama. The firm primarily generates its power from wind and solar sources. Currently, it oversees an operational wind farm portfolio with a total capacity of 91 megawatts. Established in 2000, Audax Renovables, S.A. maintains its corporate base in Badalona, Spain.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of ADX.MC is 2.31 and suggests 93.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in