Alternus Clean Energy (Alternus Clean Energy) EV-to-EBIT : (As of May. 08, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Alternus Clean Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Alternus Clean Energy's Enterprise Value is $220.03 Mil. Alternus Clean Energy does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Alternus Clean Energy's EV-to-EBIT at this moment.

The historical rank and industry rank for Alternus Clean Energy's EV-to-EBIT or its related term are showing as below:

ALCE' s EV-to-EBIT Range Over the Past 10 Years
Min: -29.44 Med: -6.28 Max: -6.09
Current: -6.27

During the past 3 years, the highest EV-to-EBIT of Alternus Clean Energy was -6.09. The lowest was -29.44. And the median was -6.28.

ALCE's EV-to-EBIT is ranked worse than
100% of 334 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.065 vs ALCE: -6.27

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Alternus Clean Energy's Enterprise Value for the quarter that ended in Dec. 2023 was $302.21 Mil. Alternus Clean Energy does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Alternus Clean Energy's Earnings Yield (Joel Greenblatt) % at this moment.

Alternus Clean Energy EV-to-EBIT Historical Data

The historical data trend for Alternus Clean Energy's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alternus Clean Energy EV-to-EBIT Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

EV-to-EBIT

-8.62

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
EV-to-EBIT	-	-	-8.62

Competitive Comparison of Alternus Clean Energy's EV-to-EBIT

For the Utilities - Renewable subindustry, Alternus Clean Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alternus Clean Energy's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alternus Clean Energy's EV-to-EBIT falls into.

Alternus Clean Energy EV-to-EBIT Calculation

Alternus Clean Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	220.032	/
	=

Alternus Clean Energy (NAS:ALCE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Alternus Clean Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=		/	302.2091
	=	%

Alternus Clean Energy EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Alternus Clean Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

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 in 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.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024