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 | -42.28% | 13.57% | 0.81% |
Volatility & Risk
Alternus Clean Energy has a beta of -1.13, suggesting that its share price is 213% less volatile than the S&P 500. Comparatively, Alternus Clean Energy’s peers have a beta of -66.28, suggesting that their average share price is 6,728% less volatile than the S&P 500.
Institutional & Insider Ownership
35.3% 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 insiders. Comparatively, 21.7% of shares of all “Independent Power & Renewable Electricity Producers” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Valuation & Earnings
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Alternus Clean Energy | $310,000.00 | $21.08 million | -0.00 |
| Alternus Clean Energy Competitors | $6.42 billion | $832.74 million | 1.38 |
Alternus Clean Energy’s peers have higher revenue and earnings than Alternus Clean Energy. Alternus Clean Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Alternus Clean Energy peers beat Alternus Clean Energy on 6 of the 9 factors compared.
About Alternus Clean Energy
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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