company background image
ALTN logo

Altern Energy KASE:ALTN Stock Report

Last Price

PK₨17.20

Market Cap

PK₨6.3b

7D

-2.8%

1Y

-10.7%

Updated

21 Nov, 2024

Data

Company Financials

Altern Energy Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altern Energy
Historical stock prices
Current Share PricePK₨17.20
52 Week HighPK₨27.20
52 Week LowPK₨16.01
Beta0.85
11 Month Change2.56%
3 Month Change-23.49%
1 Year Change-10.70%
33 Year Change-25.86%
5 Year Change-24.66%
Change since IPO49.57%

Recent News & Updates

Recent updates

Shareholder Returns

ALTNPK Renewable EnergyPK Market
7D-2.8%2.3%2.1%
1Y-10.7%3.0%43.4%

Return vs Industry: ALTN underperformed the PK Renewable Energy industry which returned 3% over the past year.

Return vs Market: ALTN underperformed the PK Market which returned 43.4% over the past year.

Price Volatility

Is ALTN's price volatile compared to industry and market?
ALTN volatility
ALTN Average Weekly Movement9.6%
Renewable Energy Industry Average Movement6.2%
Market Average Movement5.8%
10% most volatile stocks in PK Market9.6%
10% least volatile stocks in PK Market3.8%

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

Volatility Over Time: ALTN's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of PK stocks.

About the Company

FoundedEmployeesCEOWebsite
199527Umer Sheikhwww.alternenergypk.com

Altern Energy Limited, together with its subsidiaries, engages in the generation and supply of electricity in Pakistan. It is also involved in the ownership, operation, and maintenance of 32-mega watts gas based thermal power plant; and operation of a gas-fired combined cycle thermal power plant with a gross capacity of 450 megawatts. The company was incorporated in 1995 and is based in Lahore, Pakistan.

Altern Energy Limited Fundamentals Summary

How do Altern Energy's earnings and revenue compare to its market cap?
ALTN fundamental statistics
Market capPK₨6.29b
Earnings (TTM)PK₨4.04b
Revenue (TTM)PK₨13.00b

1.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALTN income statement (TTM)
RevenuePK₨13.00b
Cost of RevenuePK₨5.70b
Gross ProfitPK₨7.30b
Other ExpensesPK₨3.27b
EarningsPK₨4.04b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Nov 22, 2024

Earnings per share (EPS)11.11
Gross Margin56.18%
Net Profit Margin31.05%
Debt/Equity Ratio8.8%

How did ALTN perform over the long term?

See historical performance and comparison

Dividends

72.4%

Current Dividend Yield

123%

Payout Ratio