Risk factor
Poor trading liquidity
Profitability factor
Strong growth
About
Meshek Energy - Renewable Energies Ltd. engages in the renewable energy business. The company operates through three segments: Electricity Generation from Storage and Renewable Energy; Conventional Electricity Generation; and Electricity Distribution and Supply. The Electricity Generation from Storage and Renewable Energy segment initiates, constructs, and operates of electricity generation facilities using photovoltaic technology. This segment manufactures and sells of electricity through ground-based photovoltaic installation, and production and sale of electricity using rooftop photovoltaic and water reservoirs. Its Conventional Electricity Generation segment generates electricity through solar; and natural gas technology with installed capacity of approximately 912 megawatts. The Electricity Distribution and Supply segment distributes, markets, supplies, and trades in of electricity. The company was founded in 2017 and is based in Tel Aviv-Yafo, Israel.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.