Alternus Clean Energy (ALCED) and Its Peers Critical Comparison

Institutional and Insider Ownership

36.2% 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, 21.5% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Volatility and 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 rivals have a beta of -66.25, meaning that their average share price is 6,725% less volatile than the S&P 500.

Valuation and Earnings

This table compares Alternus Clean Energy and its rivals revenue, earnings per share 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 $832.74 million 9.01

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

Profitability

This table compares Alternus Clean Energy and its rivals’ 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 -42.73% 13.91% 0.81%

Summary

Alternus Clean Energy rivals beat Alternus Clean Energy on 6 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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