Alternus Clean Energy (ALCED) & Its Competitors Financial Survey

Volatility & Risk

Alternus Clean Energy has a beta of -1.13, meaning that its share price is 213% less volatile than the S&P 500. Comparatively, Alternus Clean Energy’s peers have a beta of -69.74, meaning that their average share price is 7,074% less volatile than the S&P 500.

Earnings and Valuation

This table compares Alternus Clean Energy and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Alternus Clean Energy $310,000.00 $21.08 million -0.00
Alternus Clean Energy Competitors $6.36 billion $832.84 million -2.18

Alternus Clean Energy’s peers have higher revenue and earnings than Alternus Clean Energy. Alternus Clean Energy is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

35.4% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by institutional investors. 44.1% of Alternus Clean Energy shares are owned by company insiders. Comparatively, 21.7% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Alternus Clean Energy and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Alternus Clean Energy N/A N/A -40.51%
Alternus Clean Energy Competitors -45.49% 19.33% 0.82%

Summary

Alternus Clean Energy peers beat Alternus Clean Energy on 5 of the 9 factors compared.

Alternus Clean Energy Company Profile

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Alternus Clean Energy, Inc. operates as a power producer. It develops, installs, owns and operates utility scale solar parks in America and Europe. It operates through the United States and Europe geographical segments. The company was founded by Vincent Browne in 2017 and is headquartered in New York, NY.

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