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Alerion Clean Power

Executive Summary

Alerion Clean Power S.p.A. engages in the production of electricity through wind power in Italy.


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

How has Alerion Clean Power's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FCW3's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.1%

FCW3

-3.3%

DE Renewable Energy

2.7%

DE Market


1 Year Return

157.8%

FCW3

15.2%

DE Renewable Energy

10.3%

DE Market

Return vs Industry: FCW3 exceeded the German Renewable Energy industry which returned 18.6% over the past year.

Return vs Market: FCW3 exceeded the German Market which returned 8.8% over the past year.


Shareholder returns

FCW3IndustryMarket
7 Day11.1%-3.3%2.7%
30 Day-10.6%-2.3%1.9%
90 Day45.2%14.2%17.0%
1 Year164.5%157.8%20.2%15.2%12.8%10.3%
3 Year182.6%168.1%61.5%45.3%7.1%-1.4%
5 Year164.5%139.9%109.4%87.0%18.2%2.3%

Price Volatility Vs. Market

How volatile is Alerion Clean Power's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Alerion Clean Power undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FCW3 (€6.78) is trading below our estimate of fair value (€23.8)

Significantly Below Fair Value: FCW3 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FCW3 is good value based on its PE Ratio (16.3x) compared to the XE Renewable Energy industry average (26.2x).

PE vs Market: FCW3 is good value based on its PE Ratio (16.3x) compared to the German market (21.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FCW3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FCW3 is overvalued based on its PB Ratio (2.2x) compared to the DE Renewable Energy industry average (1.8x).


Next Steps

Future Growth

How is Alerion Clean Power forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.6%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Alerion Clean Power has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Alerion Clean Power performed over the past 5 years?

81.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FCW3 has high quality earnings.

Growing Profit Margin: FCW3's current net profit margins (29.7%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: FCW3 has become profitable over the past 5 years, growing earnings by 81.4% per year.

Accelerating Growth: FCW3's earnings growth over the past year (510.1%) exceeds its 5-year average (81.4% per year).

Earnings vs Industry: FCW3 earnings growth over the past year (510.1%) exceeded the Renewable Energy industry 33.8%.


Return on Equity

High ROE: FCW3's Return on Equity (13.3%) is considered low.


Next Steps

Financial Health

How is Alerion Clean Power's financial position?


Financial Position Analysis

Short Term Liabilities: FCW3's short term assets (€274.6M) exceed its short term liabilities (€77.9M).

Long Term Liabilities: FCW3's short term assets (€274.6M) do not cover its long term liabilities (€642.1M).


Debt to Equity History and Analysis

Debt Level: FCW3's debt to equity ratio (369.5%) is considered high.

Reducing Debt: FCW3's debt to equity ratio has increased from 226.6% to 369.5% over the past 5 years.

Debt Coverage: FCW3's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: FCW3's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Alerion Clean Power current dividend yield, its reliability and sustainability?

2.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FCW3's dividend (2.94%) is higher than the bottom 25% of dividend payers in the German market (1.24%).

High Dividend: FCW3's dividend (2.94%) is low compared to the top 25% of dividend payers in the German market (3.77%).


Stability and Growth of Payments

Stable Dividend: FCW3's dividend payments have been volatile in the past 10 years.

Growing Dividend: FCW3's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.8%), FCW3's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Josef Gostner

no data

Tenure

Mr. Josef Gostner co-founded FRI-EL Green Power S.p.A. in 1994 and serves as its Chief Executive Officer. Mr. Gostner has been the Chairman of the Board of Directors at Alerion Clean Power S.p.A. since Feb ...


Board Members

NamePositionTenureCompensationOwnership
Josef Gostner
Chairman of the Board of Directors & CEOno datano datano data
Francesco Schiavone Panni
President of Statutory Auditors2.33yrsno datano data
Vaja Georg
Vice Chairman of the Board of Directors3.5yrsno datano data
Pircher Patrick
Director3.5yrsno datano data
Dapoz Nadia
Director3.5yrsno datano data
Elmar Zwick
Directorno datano datano data
Michele Aprile
Member of Board of Statutory Auditors2.33yrsno datano data
Germana Cassar
Director0.33yrno datano data
Stefano D'Apolito
Director0.33yrno datano data
Giorgia Dapra
Director0.33yrno datano data
Elisabetta Salvani
Director0.33yrno datano data
Flavia Mazzarella
Director0.33yrno datano data

2.3yrs

Average Tenure

Experienced Board: FCW3's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alerion Clean Power S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alerion Clean Power S.p.A.
  • Ticker: FCW3
  • Exchange: BST
  • Founded:
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: €342.484m
  • Shares outstanding: 50.37m
  • Website: https://www.alerion.it

Number of Employees


Location

  • Alerion Clean Power S.p.A.
  • Viale L. Majno 17
  • Milan
  • Milan
  • 20122
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARNBIT (Borsa Italiana)YesCommon StockITEURJan 2003
FCW3BST (Boerse-Stuttgart)YesCommon StockDEEURJan 2003
0P3OLSE (London Stock Exchange)YesCommon StockGBEURJan 2003
ARNMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJan 2003

Biography

Alerion Clean Power S.p.A. engages in the production of electricity through wind power in Italy. It has wind power plants located in Krupen, Bulgaria; and Comiolica SL, Spain. The company is based in Milan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 21:10
End of Day Share Price2020/08/11 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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 here.