Risk factor
Critical default risk
Profitability factor
Very low or no dividends
About
Jaiprakash Power Ventures Limited is an Indian enterprise primarily involved in the generation of electricity and the production of cement. The company sources its power from both hydroelectric and thermal energy facilities. Its portfolio of operational assets includes the 400-megawatt (MW) Jaypee Vishnuprayag hydro power plant in Chamoli, Uttarakhand, alongside two thermal power stations in Madhya Pradesh: the 1320 MW Jaypee Nigrie plant in Nigrie, Singrauli, and the 500 MW Jaypee Bina plant near Sirchopi, Sagar. Complementing its power operations, Jaiprakash Power Ventures also runs the Jaypee Nigri cement grinding unit, located in Nigrie, Singrauli, Madhya Pradesh, and manages a coal mine in Amelia, Madhya Pradesh. The company, which was incorporated in 1994 and is headquartered in New Delhi, India, changed its name from Jaiprakash Hydro-Power Limited to its present form in December 2009.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA, rea