How does ALCE's PB Ratio compare to its peers?

Insufficient data to calculate ALCE's Price-To-Book Ratio vs. peers for valuation analysis.

How does ALCE's PB Ratio compare vs other companies in the US Renewable Energy Industry?

Insufficient data to calculate ALCE's Price-To-Book Ratio vs. industry for valuation analysis.

What is ALCE's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ALCE's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of ALCE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate ALCE's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Alternus Clean Energy NasdaqCM:ALCE Stock Report

Last Price

US$0.64

Market Cap

US$1.9m

7D

-31.7%

1Y

-97.9%

Updated

10 Jan, 2025

Data

Company Financials

Alternus Clean Energy Inc

NasdaqCM:ALCE Stock Report

Market Cap: US$1.9m

ALCE Stock Overview

Owns, develops, installs, and operates midsized utility scale solar parks. More details

ALCE fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Has not reported any financial data

Does not have a meaningful market cap ($2M)

Highly volatile share price over the past 3 months compared to the US market

My Notes

Capture your thoughts, links and company narrative

Alternus Clean Energy Inc Competitors

EuroSite Power

OTCPK:EUSP

US$3.5m

Astra Energy

OTCPK:ASRE

US$5.7m

Kontrol Technologies

OTCPK:KNRL.F

US$7.3m

Azure Power Global

OTCPK:AZRE.F

US$16.0m

Price History & Performance

Summary of share price highs, lows and changes for Alternus Clean Energy
Historical stock prices
Current Share Price	US$0.64
52 Week High	US$31.25
52 Week Low	US$0.58
Beta	0
1 Month Change	-44.17%
3 Month Change	-75.68%
1 Year Change	-97.92%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-99.74%

Recent News & Updates

Recent updates

Shareholder Returns

	ALCE	US Renewable Energy	US Market
7D	-31.7%	-0.3%	-2.1%
1Y	-97.9%	75.5%	21.3%

Return vs Industry: ALCE underperformed the US Renewable Energy industry which returned 77.2% over the past year.

Return vs Market: ALCE underperformed the US Market which returned 23.2% over the past year.

Price Volatility

Is ALCE's price volatile compared to industry and market?
ALCE volatility
ALCE Average Weekly Movement	19.1%
Renewable Energy Industry Average Movement	8.4%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.8%
10% least volatile stocks in US Market	3.2%

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

Volatility Over Time: ALCE's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Vincent Browne	alternusce.com

Alternus Clean Energy Inc owns, develops, installs, and operates midsized utility scale solar parks. The company is based in Fort Mill, South Carolina. Alternus Clean Energy Inc is a subsidiary of Alternus Energy Group Plc.

Alternus Clean Energy Inc Fundamentals Summary

How do Alternus Clean Energy's earnings and revenue compare to its market cap?
ALCE fundamental statistics
Market cap	US$1.87m
Earnings (TTM)	US$0
Revenue (TTM)	n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is ALCE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALCE income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$0
Earnings	US$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did ALCE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 12:10
End of Day Share Price	2025/01/10 00:00
Earnings	N/A
Annual Earnings	N/A

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 Clean Energy Inc is covered by 0 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.

Analyst	Institution