Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Alternus Clean Energy's Enterprise Value is $223.58 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.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Alternus Clean Energy's Enterprise Value is $223.58 Mil.
Alternus Clean Energy does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Alternus Clean Energy's EV-to-EBITDA at this moment.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Alternus Clean Energy's Enterprise Value is $223.58 Mil.
Alternus Clean Energy does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Alternus Clean Energy's EV-to-Revenue at this moment.
Alternus Clean Energy Enterprise Value Historical Data
The historical data trend for Alternus Clean Energy's Enterprise Value 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 Enterprise Value Chart
Alternus Clean Energy Annual Data
Trend
Dec21
Dec22
Dec23
Enterprise Value
-
-
302.21
Alternus Clean Energy Semi-Annual Data
Dec21
Dec22
Dec23
Enterprise Value
-
-
302.21
Competitive Comparison of Alternus Clean Energy's Enterprise Value
For the Utilities - Renewable subindustry, Alternus Clean Energy's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Alternus Clean Energy's Enterprise Value falls into.
Alternus Clean Energy Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Alternus Clean Energy's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Alternus Clean Energy (NAS:ALCE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
Alternus Clean Energy Enterprise Value Related Terms
Thank you for viewing the detailed overview of Alternus Clean Energy's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Alternus Clean Energy (Alternus Clean Energy) Business Description
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.
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