Alternergy Holdings Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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 ALTER when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ALTER. This is calculated by dividing ALTER's market cap by their current revenue.
What is ALTER's PS Ratio?
PS Ratio	7.1x
Sales	₱497.50m
Market Cap	₱3.54b

ALTER key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	15.2x
Enterprise Value/EBITDA	38.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ALTER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	8.2x
XG NexGen Energy	22.4x	n/a	₱2.9b
REDC Repower Energy Development	6.4x	n/a	₱3.4b
ASLAG Raslag	3.6x	n/a	₱1.5b
ACR Alsons Consolidated Resources	0.3x	n/a	₱3.0b
ALTER Alternergy Holdings	7.1x	n/a	₱3.5b

Price-To-Sales vs Peers: ALTER is good value based on its Price-To-Sales Ratio (7.1x) compared to the peer average (8.2x).

Price to Sales Ratio vs Industry

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

42 Companies	Price / Sales	Estimated Growth	Market Cap

42 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: ALTER is expensive based on its Price-To-Sales Ratio (7.1x) compared to the Asian Renewable Energy industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is ALTER'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.

ALTER PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	7.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ALTER'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.

Discover undervalued companies

First Gen

₱61.2b

Through its subsidiaries, engages in the power generation business in Philippines.

FGEN

₱17.02

2.7%

-5.0%

Alsons Consolidated Resources

₱3.0b

An investment holding company, engages in the energy and power, property development, and other investment businesses primarily in the Philippines.

ACR

₱0.47

2.2%

-14.5%

Synergy Grid & Development Phils

₱46.8b

Provides transmission services across Luzon, Visayas, and Mindanao, the Philippines.

SGP

₱8.89

0.2%

47.2%