ACME Solar Holdings Adjusts Quality Grade Amid Strong Sales and EBIT Growth
ACME Solar Holdings has revised its evaluation, showcasing significant sales growth of 21.20% and EBIT growth of 91.03% over five years. The company maintains financial stability with negative net debt and a favorable debt-to-EBITDA ratio, while its ROCE and ROE figures suggest areas for improvement compared to industry peers.
ACME Solar Holdings has recently undergone an evaluation revision, reflecting its performance metrics and market position within the holding company sector. The company has demonstrated notable sales growth over the past five years, achieving a rate of 21.20%. Additionally, its EBIT growth during the same period stands at an impressive 91.03%, indicating strong operational efficiency.Financial stability is further highlighted by ACME's negative net debt, alongside a debt-to-EBITDA ratio that suggests manageable leverage. The company's net debt to equity ratio is recorded at 0.56, which positions it favorably compared to its peers. However, the return on capital employed (ROCE) is at -1.37%, and the return on equity (ROE) is 3.14%, which may warrant attention in the context of overall performance.
In comparison to its industry peers, ACME Solar Holdings aligns closely with companies like Inox Wind Energy and Websol Energy, both of which also hold average quality ratings. Inox Green stands out with a similar rating, while Insolation Energy is noted as below average. This context underscores ACME's competitive standing within the sector, reflecting a balanced evaluation amidst its peers.
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