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Alternus Energy Group OB:ALT Stock Report

Last Price

NOK 0.22

Market Cap

NOK 961.2k

7D

-36.7%

1Y

-97.3%

Updated

17 Dec, 2024

Data

Company Financials

Alternus Energy Group Plc

OB:ALT Stock Report

Market Cap: NOK 961.2k

ALT Stock Overview

Operates as an international vertically integrated independent power producer. More details

ALT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Alternus Energy Group Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Alternus Energy Group
Historical stock prices
Current Share PriceNOK 0.22
52 Week HighNOK 16.00
52 Week LowNOK 0.18
Beta0.31
1 Month Change-32.10%
3 Month Change-83.08%
1 Year Change-97.28%
3 Year Change-99.21%
5 Year Changen/a
Change since IPO-99.33%

Recent News & Updates

Recent updates

Not Many Are Piling Into Alternus Energy Group Plc (OB:ALT) Stock Yet As It Plummets 26%

Feb 17
Not Many Are Piling Into Alternus Energy Group Plc (OB:ALT) Stock Yet As It Plummets 26%

Investors Still Aren't Entirely Convinced By Alternus Energy Group Plc's (OB:ALT) Revenues Despite 56% Price Jump

Dec 28
Investors Still Aren't Entirely Convinced By Alternus Energy Group Plc's (OB:ALT) Revenues Despite 56% Price Jump

Alternus Energy Group plc (OB:ALT) Doing What It Can To Lift Shares

Apr 19
Alternus Energy Group plc (OB:ALT) Doing What It Can To Lift Shares

Returns At Alternus Energy Group (OB:ALT) Are On The Way Up

Jun 17
Returns At Alternus Energy Group (OB:ALT) Are On The Way Up

Shareholder Returns

ALTNO Renewable EnergyNO Market
7D-36.7%-2.2%-2.3%
1Y-97.3%-4.6%-0.1%

Return vs Industry: ALT underperformed the Norwegian Renewable Energy industry which returned -2.6% over the past year.

Return vs Market: ALT underperformed the Norwegian Market which returned 0.1% over the past year.

Price Volatility

Is ALT's price volatile compared to industry and market?
ALT volatility
ALT Average Weekly Movement34.8%
Renewable Energy Industry Average Movement4.5%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: ALT's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: ALT's weekly volatility has increased from 23% to 35% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201628Vincent Brownealternusce.com

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It develops, installs, and operates utility scale solar parks in Europe and North America. Alternus Energy Group Plc is headquartered in Fort Mill, South Carolina.

Alternus Energy Group Plc Fundamentals Summary

How do Alternus Energy Group's earnings and revenue compare to its market cap?
ALT fundamental statistics
Market capNOK 961.24k
Earnings (TTM)-NOK 687.50m
Revenue (TTM)NOK 194.35m

0.0x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALT income statement (TTM)
RevenueUS$17.36m
Cost of RevenueUS$3.74m
Gross ProfitUS$13.61m
Other ExpensesUS$75.01m
Earnings-US$61.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

May 30, 2025

Earnings per share (EPS)-14.05
Gross Margin78.44%
Net Profit Margin-353.75%
Debt/Equity Ratio-39.6%

How did ALT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 05:31
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Alternus Energy Group Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Magnus SolheimFearnley Securities