Alfen Future Growth
Future criteria checks 3/6
Alfen is forecast to grow earnings and revenue by 45.9% and 6.1% per annum respectively. EPS is expected to grow by 46.5% per annum. Return on equity is forecast to be 10.5% in 3 years.
Key information
45.9%
Earnings growth rate
46.48%
EPS growth rate
| Electrical earnings growth | 16.6% |
| Revenue growth rate | 6.1% |
| Future return on equity | 10.50% |
| Analyst coverage | Good |
| Last updated | 22 Apr 2026 |
Recent future growth updates
Recent updates
ALFEN: Mixed Rating Shift Will Set Stage For Potential Rerating
Alfen's analyst price target has shifted to €13.16. The mixed changes in discount rate, revenue growth expectations, profit margin assumptions and future P/E reflect differing analyst views after one downgrade to €8 and a more positive stance from another firm.
ALFEN: Balanced Views Put Future Execution And P/E Expectations In Focus
Analysts have trimmed their average price target for Alfen to about €9.90, reflecting a more cautious stance that combines a downgrade to Underperform with an €8 target and a separate upgrade, while still assuming broadly unchanged growth, profitability and long term P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see upside to the current share price, reflected in an upgraded stance that points toward potential value if Alfen can deliver on existing growth and profitability expectations.ALFEN: Future Execution On Plans Will Drive Re Rating Potential
Alfen's analyst price target has shifted to €8. The change is shaped by mixed views from analysts, who cite both a downgrade to Underperform and a more constructive stance from another firm on the stock's prospects.ALFEN: Future Margin Delivery Will Drive Re Rating Potential
Narrative Update on Alfen The analyst price target for Alfen has been revised to €9.88 from €10.99 as analysts balance more cautious views on profit margins and the higher assumed P/E multiple with differing ratings, including a downgrade to Underperform and an upgrade from another firm. Analyst Commentary Analysts are split on Alfen, with one recent downgrade to Underperform at a €8 price target and another firm turning more constructive on the shares.ALFEN: Firmer Revenue Pipeline And Reset Expectations Will Support Future Rerating
We trim our Alfen fair value estimate to €13.16 from €13.79 as analysts balance more cautious profit margin and P/E assumptions against firmer revenue growth expectations and mixed recent rating changes. Analyst Commentary Recent Street research on Alfen reflects a mixed but active view, with one downgrade and at least one upgrade, as analysts reassess valuation, execution risk, and growth expectations.ALFEN: Refined Assumptions Will Support Future Rerating Potential
Analysts have slightly adjusted their view on Alfen, refining the discount rate, revenue growth, profit margin and future P/E assumptions. This has led to a modest reset of their price target in euro terms.ALFEN: Recent Upgrade To Hold Will Support Future Rerating Potential
Analysts have nudged their fair value estimate for Alfen slightly lower to about €13.79 from roughly €13.80, citing updated assumptions on discount rate, growth and margins, along with a recent upgrade to Hold with a €10 target from Deutsche Bank that has contributed to a more measured price target reset. Analyst Commentary Recent Street research indicates a shift toward a more balanced stance on Alfen, with at least one major bank moving from a clearly cautious view to a more neutral Hold rating and setting a €10 price target.ALFEN: Upgraded Neutral Stance Will Support Future Re Rating Potential
Analysts have trimmed their price expectations for Alfen to €10, reflecting updated assumptions on the discount rate, revenue growth, profit margins and a higher future P/E, supported by recent research that now rates the shares at Hold rather than Sell. Analyst Commentary Recent research has shifted toward a more neutral stance on Alfen, with the latest work supporting a Hold view at a €10 price target.ALFEN: Improved Earnings Visibility Will Support Gradual Re-Rating From Depressed Levels
Analysts have modestly raised their price target on Alfen, citing an improved valuation backdrop and more balanced growth and profitability expectations. This follows a recent upgrade to Hold that supports a fair value adjustment to approximately EUR 13.80.Alfen N.V.'s (AMS:ALFEN) Share Price Is Matching Sentiment Around Its Revenues
Oct 10
Expanding FlevoBESS And Enexis Projects To Address Future Energy Needs
Despite an improved outlook for revenue growth, a deterioration in net profit margin has led analysts to lower Alfen's consensus price target from €12.10 to €11.43. What's in the News Alfen lowered its 2026 revenue growth ambition from 5–10% year-on-year to 0–5%.Analysts Are Updating Their Alfen N.V. (AMS:ALFEN) Estimates After Its Half-Year Results
Aug 23Alfen N.V. (AMS:ALFEN) Looks Just Right With A 26% Price Jump
May 02Is Alfen (AMS:ALFEN) Using Too Much Debt?
Apr 26Shareholders May Be Wary Of Increasing Alfen N.V.'s (AMS:ALFEN) CEO Compensation Package
Apr 02
Introduction Of Affordable EV Models Will Accelerate EV Charging Demand
Organizational rightsizing and strategic validation could enhance operational efficiency, improving margins and aligning costs with revenue growth.Alfen (AMS:ALFEN) Hasn't Managed To Accelerate Its Returns
Jan 20These 4 Measures Indicate That Alfen (AMS:ALFEN) Is Using Debt Extensively
Oct 22Market Cool On Alfen N.V.'s (AMS:ALFEN) Revenues Pushing Shares 25% Lower
Sep 22Alfen N.V. (AMS:ALFEN) Half-Year Results: Here's What Analysts Are Forecasting For This Year
Aug 24Take Care Before Jumping Onto Alfen N.V. (AMS:ALFEN) Even Though It's 46% Cheaper
Jul 05Alfen N.V. (AMS:ALFEN) Analysts Just Slashed This Year's Estimates
Jul 04Estimating The Fair Value Of Alfen N.V. (AMS:ALFEN)
May 01Is Alfen (AMS:ALFEN) Using Too Much Debt?
Apr 03Why We're Not Concerned Yet About Alfen N.V.'s (AMS:ALFEN) 26% Share Price Plunge
Mar 16Is Now The Time To Look At Buying Alfen N.V. (AMS:ALFEN)?
Mar 04Alfen's (AMS:ALFEN) Anemic Earnings Might Be Worse Than You Think
Feb 20Alfen N.V. (AMS:ALFEN) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 16Alfen N.V. (AMS:ALFEN) Looks Just Right With A 26% Price Jump
Dec 22These 4 Measures Indicate That Alfen (AMS:ALFEN) Is Using Debt Reasonably Well
Dec 16Investors Shouldn't Overlook Alfen's (AMS:ALFEN) Impressive Returns On Capital
Nov 17Should You Think About Buying Alfen N.V. (AMS:ALFEN) Now?
Nov 04Alfen N.V.'s (AMS:ALFEN) Intrinsic Value Is Potentially 48% Above Its Share Price
Oct 19We Think Alfen (AMS:ALFEN) Can Stay On Top Of Its Debt
Sep 06Returns on Capital Paint A Bright Future For Alfen (AMS:ALFEN)
Aug 07Should You Investigate Alfen N.V. (AMS:ALFEN) At €60.20?
Jul 23Does Alfen (AMS:ALFEN) Deserve A Spot On Your Watchlist?
Jun 07We Think Alfen (AMS:ALFEN) Might Have The DNA Of A Multi-Bagger
May 08Calculating The Fair Value Of Alfen N.V. (AMS:ALFEN)
Apr 26Is Alfen (AMS:ALFEN) Using Too Much Debt?
Apr 10Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 513 | 7 | 3 | 25 | 6 |
| 12/31/2027 | 482 | 4 | 2 | 19 | 9 |
| 12/31/2026 | 451 | 2 | -3 | 14 | 10 |
| 12/31/2025 | 436 | 0 | 19 | 33 | N/A |
| 9/30/2025 | 445 | -9 | 34 | 49 | N/A |
| 6/30/2025 | 453 | -17 | 50 | 65 | N/A |
| 3/31/2025 | 471 | -22 | 40 | 60 | N/A |
| 12/31/2024 | 488 | -27 | 31 | 56 | N/A |
| 9/30/2024 | 507 | -9 | 28 | 55 | N/A |
| 6/30/2024 | 526 | 9 | 24 | 54 | N/A |
| 3/31/2024 | 515 | 19 | -2 | 30 | N/A |
| 12/31/2023 | 504 | 30 | -29 | 6 | N/A |
| 9/30/2023 | 481 | 34 | -53 | -20 | N/A |
| 6/30/2023 | 458 | 38 | -77 | -46 | N/A |
| 3/31/2023 | 449 | 45 | -49 | -23 | N/A |
| 12/31/2022 | 440 | 53 | -21 | 0 | N/A |
| 9/30/2022 | 390 | 45 | -15 | 4 | N/A |
| 6/30/2022 | 340 | 37 | -10 | 7 | N/A |
| 3/31/2022 | 295 | 29 | -5 | 9 | N/A |
| 12/31/2021 | 250 | 21 | -1 | 11 | N/A |
| 9/30/2021 | 232 | 19 | 8 | 19 | N/A |
| 6/30/2021 | 214 | 16 | 17 | 27 | N/A |
| 3/31/2021 | 202 | 14 | 14 | 24 | N/A |
| 12/31/2020 | 189 | 12 | 10 | 20 | N/A |
| 9/30/2020 | 180 | 11 | 6 | 15 | N/A |
| 6/30/2020 | 172 | 9 | 2 | 11 | N/A |
| 3/31/2020 | 157 | 8 | 5 | 12 | N/A |
| 12/31/2019 | 143 | 6 | 7 | 14 | N/A |
| 9/30/2019 | 132 | 3 | N/A | 7 | N/A |
| 6/30/2019 | 122 | 1 | N/A | -1 | N/A |
| 3/31/2019 | 111 | 0 | N/A | -1 | N/A |
| 1/1/2019 | 100 | 0 | N/A | -2 | N/A |
| 10/1/2018 | 91 | 1 | N/A | 0 | N/A |
| 6/30/2018 | 82 | 2 | N/A | 2 | N/A |
| 3/31/2018 | 78 | 2 | N/A | 2 | N/A |
| 12/31/2017 | 73 | 2 | N/A | 1 | N/A |
| 12/31/2016 | 62 | 1 | N/A | 3 | N/A |
| 12/31/2015 | 51 | 1 | N/A | 3 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALFEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ALFEN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ALFEN is expected to become profitable in the next 3 years.
Revenue vs Market: ALFEN's revenue (6.1% per year) is forecast to grow slower than the Dutch market (9.6% per year).
High Growth Revenue: ALFEN's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALFEN's Return on Equity is forecast to be low in 3 years time (10.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 11:17 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Alfen N.V. is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bhawin Thakker | Barclays |
| Lars Brorson | Barclays |
| Tanuj Agrawal | Barclays |