Alternus Clean Energy Inc Class A ALCE

Morningstar Rating
$0.16 0.00 (0.68%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ALCE is trading at a 522% premium.
Price
$0.16
Fair Value
$8.72
Uncertainty
Extreme
1-Star Price
$7.70
5-Star Price
$3.32
Economic Moat
Mbzs
Capital Allocation

Trading Information

Previous Close Price
$0.16
Day Range
$0.150.16
52-Week Range
$0.1510.89
Bid/Ask
$0.15 / $0.16
Market Cap
$14.15 Mil
Volume/Avg
58,090 / 176,117

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.62
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids. It has approximately 8 operating parks, a total of 44 MWp in operation.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Small Value
Total Number of Employees

Valuation

Metric
ALCE
Price/Earnings (Normalized)
Price/Book Value
Price/Sales
0.62
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
ALCE
Quick Ratio
0.08
Current Ratio
0.09
Interest Coverage
−2.26
Quick Ratio
ALCE

Profitability

Metric
ALCE
Return on Assets (Normalized)
−28.48%
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
−24.85%
Return on Assets
ALCE

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