Altern Energy Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Umer Sheikh

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.8yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO

Umer Sheikh

4.8yrs

Tenure

Mr. Umer Shehzad Sheikh serves as the Chief Executive Officer at Altern Energy Limited since July 29, 2019 and also served as its Executive Director. He served as the Chief Financial Officer and Company Se...

Board Members

Name	Position	Tenure	Compensation	Ownership
Shah Chaudhry	Non-Executive Director	no data	no data	0.00014% PKR 10.9k
Faisal Dawood	Chairman	5.7yrs	no data	0.0062% PKR 481.1k
Farooq Nazir	Non-Executive Director	no data	no data	0.00014% PKR 10.9k
Syed Rizwan Shah	Independent Director	no data	no data	0.00014% PKR 10.9k
Salih Merghani	Non-Executive Director	4.8yrs	no data	no data
Mehreen Dawood	Director	1.4yrs	no data	0.00014% PKR 10.9k
Aliya Khan	Independent Director	1.4yrs	no data	0.00014% PKR 10.9k

3.1yrs

Average Tenure

Experienced Board: ALTN's board of directors are considered experienced (3.1 years average tenure).

Altern Energy Management

Management criteria checks 1/4

Key information

Recent management updates

Altern Energy Limited Announces Executive Changes

Less than half of directors are independent

Less than half of directors are independent

Altern Energy Limited Announces Executive Changes

Less than half of directors are independent

Recent updates

Investor sentiment improves as stock rises 16%

Second quarter 2024 earnings released: EPS: PK₨2.97 (vs PK₨2.56 in 2Q 2023)

Now 20% overvalued after recent price rise

First quarter 2024 earnings released: EPS: PK₨0.90 (vs PK₨2.59 in 1Q 2023)

Upcoming dividend of PK₨4.75 per share at 20% yield

Full year 2023 earnings released: EPS: PK₨11.78 (vs PK₨3.72 in FY 2022)

Now 21% undervalued

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 18%

Altern Energy Limited Announces Executive Changes

Less than half of directors are independent

Full year 2022 earnings released: EPS: PK₨3.72 (vs PK₨2.21 in FY 2021)

Less than half of directors are independent

Altern Energy Limited Announces Executive Changes

Investor sentiment improved over the past week

Less than half of directors are independent

First quarter 2022 earnings released: EPS PK₨2.15 (vs PK₨2.47 in 1Q 2021)

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS PK₨2.21 (vs PK₨9.31 in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS PK₨1.60 (vs PK₨0.60 in 3Q 2020)

Investor sentiment improved over the past week

New 90-day low: PK₨23.13

Altern Energy Limited Does Not Recommend Dividend for the Year 2020

Second quarter 2021 earnings released: PK₨0.35 loss per share (vs PK₨2.33 profit in 2Q 2020)

New 90-day high: PK₨30.00

New 90-day high: PK₨27.74

First quarter earnings released

First quarter earnings released

New 90-day low: PK₨23.50

Full year earnings released - EPS PK₨9.31

New 90-day high - PK₨28.25

CEO

Tenure

Board Members

Average Tenure