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Azure Power Global (NYSE:AZRE) and Tenaga Nasional Bhd (OTCMKTS:TNABY) are both oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, institutional ownership, valuation, dividends, analyst recommendations, earnings and profitability.

Dividends

Tenaga Nasional Bhd pays an annual dividend of $0.54 per share and has a dividend yield of 4.1%. Azure Power Global does not pay a dividend.

Insider and Institutional Ownership

51.8% of Azure Power Global shares are held by institutional investors. Comparatively, 0.0% of Tenaga Nasional Bhd shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Azure Power Global and Tenaga Nasional Bhd, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Azure Power Global 0 1 4 0 2.80
Tenaga Nasional Bhd 0 0 0 0 N/A

Azure Power Global currently has a consensus target price of $22.00, indicating a potential upside of 100.91%. Given Azure Power Global’s higher possible upside, research analysts clearly believe Azure Power Global is more favorable than Tenaga Nasional Bhd.

Profitability

This table compares Azure Power Global and Tenaga Nasional Bhd’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Azure Power Global 0.24% 0.81% 0.15%
Tenaga Nasional Bhd N/A N/A N/A

Earnings and Valuation

This table compares Azure Power Global and Tenaga Nasional Bhd’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Azure Power Global $118.27 million 3.78 -$12.60 million ($0.65) -16.85
Tenaga Nasional Bhd $10.94 billion 1.70 $1.59 billion N/A N/A

Tenaga Nasional Bhd has higher revenue and earnings than Azure Power Global.

Volatility and Risk

Azure Power Global has a beta of 1.94, meaning that its stock price is 94% more volatile than the S&P 500. Comparatively, Tenaga Nasional Bhd has a beta of 0.61, meaning that its stock price is 39% less volatile than the S&P 500.

Summary

Azure Power Global beats Tenaga Nasional Bhd on 8 of the 11 factors compared between the two stocks.

About Azure Power Global

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2018, the company had a portfolio capacity of approximately 1,871 megawatts. Azure Power Global Limited was founded in 2007 and is based in New Delhi, India.

About Tenaga Nasional Bhd

Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. It operates and maintains thermal generation assets and hydroelectric power generating schemes, as well as supports six independent power producers; and manages and operates the National Grid, which is connected to Thailand’s transmission system in the north and Singapore’s transmission system at Senoko in the south. It also supplies fuel and coal for power generation; generates, distributes, supplies, deals in, and sells various energy sources, as well as provides related technical services; develops district cooling systems; operates and maintains co-generation works; develops, owns, and manages dry bulk terminals; and manufactures, sells, and repairs distribution, power, and earthing transformers. In addition, it provides turnkey contracting of transmission substations; repair and maintenance services to heavy industries, as well as other related services; higher education, and information and multimedia services; research and development services in the areas of engineering, information technology, business, accountancy, and liberal studies; power plants operation and maintenance; and training courses. Further, it assembles, manufactures, tests, reconditions, and distributes high and medium voltage switchgears, and control gears for transmission and distribution of electric power; manufactures and distributes power and general cables, and aluminum rods; designs, engineers, procures, constructs, tests, commissions, operates, maintenances, and finances power plants; operates and maintains cooling plants; operates an integrated district cooling systems for air conditioning systems of office buildings; and provides technical and laboratory, and consultancy and other services. It primarily serves commercial and industrial, and residential customers. The company was founded in 1949 and is headquartered in Kuala Lumpur, Malaysia.

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