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Alternus Energy Group (Alternus Energy Group) EV-to-EBIT : -13.33 (As of Jun. 17, 2024)


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What is Alternus Energy Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Alternus Energy Group's Enterprise Value is $221.71 Mil. Alternus Energy Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-16.63 Mil. Therefore, Alternus Energy Group's EV-to-EBIT for today is -13.33.

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

ALTNF' s EV-to-EBIT Range Over the Past 10 Years
Min: -19.46   Med: 9.14   Max: 2034.2
Current: -13.76

During the past 5 years, the highest EV-to-EBIT of Alternus Energy Group was 2034.20. The lowest was -19.46. And the median was 9.14.

ALTNF's EV-to-EBIT is ranked worse than
100% of 344 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.235 vs ALTNF: -13.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Alternus Energy Group's Enterprise Value for the quarter that ended in Sep. 2023 was $228.18 Mil. Alternus Energy Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-16.63 Mil. Alternus Energy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -7.29%.


Alternus Energy Group EV-to-EBIT Historical Data

The historical data trend for Alternus Energy Group'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 Energy Group EV-to-EBIT Chart

Alternus Energy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
- - - 5.96 350.50

Alternus Energy Group Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.78 12.00 350.50 -66.28 -14.29

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

For the Utilities - Renewable subindustry, Alternus Energy Group'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 Energy Group's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

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

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



Alternus Energy Group EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=221.706/-16.628
=-13.33

Alternus Energy Group's current Enterprise Value is $221.71 Mil.
Alternus Energy Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.63 Mil.

* 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 Energy Group  (OTCPK:ALTNF) 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 Energy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-16.628/228.17589737
=-7.29 %

Alternus Energy Group's Enterprise Value for the quarter that ended in Sep. 2023 was $228.18 Mil.
Alternus Energy Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.63 Mil.

* 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 Energy Group EV-to-EBIT Related Terms

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Alternus Energy Group (Alternus Energy Group) Business Description

Traded in Other Exchanges
Address
Blanchardstown Corporate Park 2, Suite 9-10 Plaza 212, Dublin, IRL, D15 R504
Alternus Energy Group PLC is an independent power producer of green energy. It develops, owns, and operates Utility-Scale Solar projects across Europe. The company's solar PV parks produce clean green energy and replace polluting greenhouse gas-emitting and fossil fuel-based energy. Its current portfolio consists of renewable energy facilities that are generally contracted under long-term Country Renewable Programs (FIT programs) or Energy Offtake Agreements (PPAs/VPPAs) with creditworthy counterparties.

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