Comparing Alternus Clean Energy (ALCED) & Its Peers
by Michael Walen · The Markets DailyInstitutional & Insider Ownership
36.1% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by institutional investors. 44.1% of Alternus Clean Energy shares are held by insiders. Comparatively, 21.5% of shares of all “Independent Power & Renewable Electricity Producers” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Alternus Clean Energy and its rivals revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Alternus Clean Energy | $310,000.00 | $21.08 million | -0.00 |
| Alternus Clean Energy Competitors | $6.35 billion | $832.74 million | 8.07 |
Alternus Clean Energy’s rivals have higher revenue and earnings than Alternus Clean Energy. Alternus Clean Energy is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Alternus Clean Energy and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Alternus Clean Energy | N/A | N/A | -40.51% |
| Alternus Clean Energy Competitors | -42.27% | 13.40% | 0.80% |
Risk and Volatility
Alternus Clean Energy has a beta of -1.13, indicating that its share price is 213% less volatile than the S&P 500. Comparatively, Alternus Clean Energy’s rivals have a beta of -66.25, indicating that their average share price is 6,725% less volatile than the S&P 500.
Summary
Alternus Clean Energy rivals beat Alternus Clean Energy on 6 of the 9 factors compared.
About Alternus Clean Energy
Alternus Clean Energy, Inc. operates as a power producer. It develops, installs, owns and operates utility scale solar parks in America and Europe. It operates through the United States and Europe geographical segments. The company was founded by Vincent Browne in 2017 and is headquartered in New York, NY.