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Altern Energy KASE:ALTN Stock Report

Last Price

PK₨23.21

Market Cap

PK₨8.4b

7D

-0.8%

1Y

34.1%

Updated

26 Jul, 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₨23.21
52 Week HighPK₨27.88
52 Week LowPK₨12.40
Beta0.71
11 Month Change-0.98%
3 Month Change11.00%
1 Year Change34.08%
33 Year Change-7.16%
5 Year Change-18.56%
Change since IPO101.83%

Recent News & Updates

Recent updates

Shareholder Returns

ALTNPK Renewable EnergyPK Market
7D-0.8%-7.6%-3.4%
1Y34.1%55.1%43.9%

Return vs Industry: ALTN underperformed the PK Renewable Energy industry which returned 55.1% over the past year.

Return vs Market: ALTN underperformed the PK Market which returned 43.9% over the past year.

Price Volatility

Is ALTN's price volatile compared to industry and market?
ALTN volatility
ALTN Average Weekly Movement4.7%
Renewable Energy Industry Average Movement5.0%
Market Average Movement5.3%
10% most volatile stocks in PK Market8.6%
10% least volatile stocks in PK Market3.3%

Stable Share Price: ALTN has not had significant price volatility in the past 3 months.

Volatility Over Time: ALTN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199523Umer Sheikhwww.alternenergypk.com

Altern Energy Limited, together with its subsidiaries, engages in the generation and supply of electricity in Pakistan. It owns, operates, and maintains 32 megawatts gas based thermal power plant located in Attock district, Punjab. The company also operates a gas-fired combined cycle thermal power plant with a gross capacity of 450 megawatts located in Khanewal district, Punjab.

Altern Energy Limited Fundamentals Summary

How do Altern Energy's earnings and revenue compare to its market cap?
ALTN fundamental statistics
Market capPK₨8.43b
Earnings (TTM)PK₨3.46b
Revenue (TTM)PK₨14.27b

2.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALTN income statement (TTM)
RevenuePK₨14.27b
Cost of RevenuePK₨7.63b
Gross ProfitPK₨6.65b
Other ExpensesPK₨3.18b
EarningsPK₨3.46b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.54
Gross Margin46.57%
Net Profit Margin24.28%
Debt/Equity Ratio0%

How did ALTN perform over the long term?

See historical performance and comparison

Dividends

53.6%

Current Dividend Yield

115%

Payout Ratio
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