Risk and Volatility
Alternus Clean Energy has a beta of -1.13, meaning that its stock price is 213% less volatile than the S&P 500. Comparatively, Alternus Clean Energy’s competitors have a beta of -66.25, meaning that their average stock price is 6,725% less volatile than the S&P 500.
Institutional and 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 company insiders. Comparatively, 21.5% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
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% |
Valuation and Earnings
| 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.
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.
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