Altus Power, Inc.

NYSE:AMPS Stock Report

Market Cap: US$568.0m

Altus Power Valuation

Is AMPS 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

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

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

Key Valuation Metric

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

Key metric: As AMPS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AMPS. This is calculated by dividing AMPS's market cap by their current earnings.
What is AMPS's PE Ratio?
PE Ratio16x
EarningsUS$35.47m
Market CapUS$568.00m

Price to Earnings Ratio vs Peers

How does AMPS's PE Ratio compare to its peers?

The above table shows the PE ratio for AMPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.1x
MNTK Montauk Renewables
23.3x1.1%US$534.9m
RNW ReNew Energy Global
107.2x54.8%US$2.5b
ORA Ormat Technologies
34.4x11.4%US$4.1b
CWEN.A Clearway Energy
23.6x19.7%US$5.1b
AMPS Altus Power
16x-89.7%US$568.0m

Price-To-Earnings vs Peers: AMPS is good value based on its Price-To-Earnings Ratio (16x) compared to the peer average (47.1x).

Price to Earnings Ratio vs Industry

How does AMPS's PE Ratio compare vs other companies in the North American Renewable Energy Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AMPS 16.0xIndustry Avg. 15.2xNo. of Companies4PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AMPS is expensive based on its Price-To-Earnings Ratio (16x) compared to the Global Renewable Energy industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

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

AMPS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16x
Fair PE Ratio8.8x

Price-To-Earnings vs Fair Ratio: AMPS is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).

Analyst Price Targets

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

The above table shows the analyst AMPS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.55
US$5.50
+54.9%
20.6%US$7.00US$4.00n/a9
Dec ’25US$4.32
US$5.50
+27.3%
20.6%US$7.00US$4.00n/a9
Nov ’25US$3.34
US$5.56
+66.3%
19.2%US$7.00US$4.00n/a9
Oct ’25US$3.12
US$5.56
+78.3%
20.3%US$7.00US$4.00n/a8
Sep ’25US$3.12
US$5.83
+87.0%
22.5%US$8.00US$4.00n/a9
Aug ’25US$4.15
US$6.50
+56.6%
15.8%US$8.00US$5.00n/a9
Jul ’25US$3.73
US$6.45
+72.9%
15.3%US$8.00US$5.00n/a10
Jun ’25US$4.05
US$6.44
+59.1%
16.1%US$8.00US$5.00n/a9
May ’25US$3.86
US$7.67
+98.6%
13.7%US$9.00US$6.00n/a9
Apr ’25US$4.83
US$8.13
+68.2%
15.6%US$10.00US$6.00n/a8
Mar ’25US$6.89
US$8.43
+22.3%
12.5%US$10.00US$7.00n/a7
Feb ’25US$5.58
US$8.14
+45.9%
10.2%US$9.00US$7.00n/a7
Jan ’25US$6.83
US$8.38
+22.6%
11.8%US$10.00US$7.00n/a8
Dec ’24US$5.22
US$8.63
+65.2%
15.3%US$11.00US$7.00US$4.328
Nov ’24US$5.07
US$9.36
+84.6%
11.7%US$11.00US$8.00US$3.347
Oct ’24US$5.25
US$10.21
+94.6%
9.7%US$12.00US$8.50US$3.127
Sep ’24US$6.42
US$9.93
+54.7%
6.8%US$11.00US$8.50US$3.127
Aug ’24US$6.75
US$9.93
+47.1%
6.8%US$11.00US$8.50US$4.157
Jul ’24US$5.40
US$9.43
+74.6%
12.5%US$11.00US$7.00US$3.737
Jun ’24US$4.98
US$9.86
+97.9%
19.9%US$14.00US$7.00US$4.057
May ’24US$4.43
US$10.29
+132.2%
20.6%US$14.00US$7.00US$3.867
Apr ’24US$5.48
US$11.14
+103.3%
13.9%US$14.00US$9.00US$4.837
Mar ’24US$6.63
US$12.29
+85.3%
14.2%US$15.00US$10.00US$6.897
Feb ’24US$7.89
US$12.29
+55.7%
14.2%US$15.00US$10.00US$5.587
Jan ’24US$6.52
US$12.17
+86.6%
13.8%US$14.00US$10.00US$6.836
Dec ’23US$6.76
US$12.33
+82.4%
12.1%US$14.00US$10.00US$5.226

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Altus Power, Inc. is covered by 12 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ryan PfingstB. Riley Securities, Inc.
Christopher SoutherB. Riley Securities, Inc.
Ryan LevineCitigroup Inc