Obermatt

NTPC

NSI:NTPC · INE733E01010
Independent Power and Renewable Electricity ProducersLarge

360

58
EV / EBIT76
Price / Owner Earnings3
Owner Earnings Yield50
Dividend Yield53
Price/Sales41
EV / Gross Profit84
Price/Book37
Return on Capital87
Cash Return on Capital48
Return on Equity89
EBIT Margin63
Gross Profitability95
Cash Conversion24
Owner Earnings Margin48
Sales growth67
Profit Growth95
Long-Term EPS Growth52
Reinvestment55
Price momentum47
Debt load29
Refinancing65
Debt Payback4
Liquidity57
Analyst ratings57
Opinion Changes84
Price Target Upside75
Market mood83
Value Creation3/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

NTPC doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryIndependent Power and Renewable Electricity Producers
SizeLarge
TypePublic Company
ExchangeNSEI
Founded1975
Employees10,345
Websitentpc.co.in
ISININE733E01010
Last UpdateApr 2, 2026
Themes
Power GridUtility Scale SolarAnaerobic DigestionOnshore and Offshore WindClean EnergyEnergy StorageBiomass EnergyEnergy EfficiencyConventional NuclearCommercialEnergyOil and Gas

Description

NTPC Limited (NTPC), a power generation company, primarily focuses on the generation of electricity in India. NTPC is committed to ensuring a reliable supply of energy, primarily through thermal and renewable resources. The company plays a pivotal r…

Analysis

Middle-of-the-road

NTPC Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is expensive. You pay 119.1× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 31% yearly growth; analysts expect 8%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is moderate and the balance sheet is adequate. The company scores 3/20 on our value-creation score: not creating value.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
94
2023202420252026

All-time high

94

Jun 2026

All-time low

25

May 2025

Average rank

62

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
41
51
54
66
Price/Earnings
34
51
37
81
Price/Book
37
42
41
68
Dividend Yield
53
37
34
48
Value (overall)
36
36
28
37

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →