Alternus Energy Group Plc

OB:ALT Stock Report

Market Cap: NOK 28.3m

Alternus Energy Group Valuation

Is ALT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ALT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ALT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ALT's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALT?

Key metric: As ALT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ALT. This is calculated by dividing ALT's market cap by their current revenue.
What is ALT's PS Ratio?
PS Ratio0.2x
SalesUS$16.25m
Market CapUS$2.55m

Price to Sales Ratio vs Peers

How does ALT's PS Ratio compare to its peers?

The above table shows the PS ratio for ALT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.1x
NSOL Norsk Renewables
2.9x64.6%NOK 64.6m
ENERG Energeia
1.3x8.4%NOK 85.3m
AEGA Aega
0.2xn/aNOK 8.8m
EAM EAM Solar
0.09xn/aNOK 1.2m
ALT Alternus Energy Group
0.2xn/aNOK 28.3m

Price-To-Sales vs Peers: ALT is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2.1x).

Price to Sales Ratio vs Industry

How does ALT's PS Ratio compare vs other companies in the European Renewable Energy Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.7x9.1%
ALT Alternus Energy Group
 0.2xn/aUS$2.55m
ALT 0.2xIndustry Avg. 2.7xNo. of Companies14PS0246810+
14 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.7x-26.0%
ALT Alternus Energy Group
 0.2xn/aUS$2.55m
No more companies

Price-To-Sales vs Industry: ALT is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Renewable Energy industry average (2.7x).

Price to Sales Ratio vs Fair Ratio

What is ALT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ALT's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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