Alternus Energy Group Plc

OB:ALT Stock Report

Market Cap: NOK 961.2k

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 Ratio0.005x
SalesUS$17.36m
Market CapUS$85.85k

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 Average1.3x
EAM EAM Solar
1.5xn/aNOK 22.3m
AEGA Aega
0.3xn/aNOK 12.9m
NSOL Norsk Renewables
2.3x68.5%NOK 54.4m
ENERG Energeia
1x8.4%NOK 68.7m
ALT Alternus Energy Group
0.005xn/aNOK 961.2k

Price-To-Sales vs Peers: ALT is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

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

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.5x9.3%
ALT Alternus Energy Group
 0.005xn/aUS$85.85k
ALT 0.0xIndustry Avg. 2.5xNo. of Companies13PS0246810+
13 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.5x-25.9%
ALT Alternus Energy Group
 0.005xn/aUS$85.85k
No more companies

Price-To-Sales vs Industry: ALT is good value based on its Price-To-Sales Ratio (0x) compared to the European Renewable Energy industry average (2.5x).

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 Ratio0.005x
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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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