Critical Analysis: Alternus Clean Energy (ALCED) & Its Competitors

Institutional & Insider Ownership

36.2% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by institutional investors. 44.1% of Alternus Clean Energy shares are held by insiders. Comparatively, 21.5% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Alternus Clean Energy and its competitors 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	$832.74 million	9.01

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

Profitability

This table compares Alternus Clean Energy and its competitors’ 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%

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

Summary

Alternus Clean Energy competitors 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.