ALCE (Alternus Clean Energy) EV-to-EBITDA: -16.75 (As of Jul. 31, 2026)

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ALCE Alternus Clean Energy Inc ALCE
10 GF Score
Price $0.11
! 3 Warning Signs
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What is Alternus Clean Energy EV-to-EBITDA?

Alternus Clean Energy ALCE 10 EV-to-EBITDA is -16.75 as of Jul. 31, 2026. GuruFocus rates ALCE with a GF Score™ of 10/100. The stock has 3 warning signs investors should review. Among 359 Utilities - Independent Power Producers companies, Alternus Clean Energy ranks worse than 278551.25% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Alternus Clean Energy's enterprise value is $80.33 Mil. Alternus Clean Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.80 Mil. Therefore, Alternus Clean Energy's EV-to-EBITDA for today is -16.75.

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

ALCE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -16.75   Med: -4.32   Max: 37.38
Current: -16.75

During the past 5 years, the highest EV-to-EBITDA of Alternus Clean Energy was 37.38. The lowest was -16.75. And the median was -4.32.

ALCE's EV-to-EBITDA is ranked worse than
100% of 359 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.35 vs ALCE: -16.75

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-31), Alternus Clean Energy's stock price is $0.105. Alternus Clean Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-31.490. Therefore, Alternus Clean Energy's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Alternus Clean Energy  (OTCPK:ALCE) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Alternus Clean Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.105/-31.490
=At Loss

Alternus Clean Energy's share price for today is $0.105.
Alternus Clean Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.490.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Alternus Clean Energy EV-to-EBITDA Related Terms


Alternus Clean Energy EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Alternus Clean Energy's EV-to-EBITDA 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.

Alternus Clean Energy EV-to-EBITDA Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 0.00 -5.29 -2.30 -32.38

Alternus Clean Energy Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 Premium Member Only -0.99 35.69 -8.93 -32.38 -16.74

ALCE vs ETRXF: EV-to-EBITDA Comparison

For the Utilities - Renewable subindustry, Alternus Clean Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Utilities - Independent Power Producers Industry

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

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


ALCE
10GF Score
Alternus Clean Energy Inc ALCE
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Alternus Clean Energy EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=80.329/-4.795
=-16.75

Alternus Clean Energy's current Enterprise Value is $80.33 Mil.
Alternus Clean Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.80 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -16.75 mean?
Alternus Clean Energy (ALCE) has a EV-to-EBITDA of -16.75 as of Jul. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Alternus Clean Energy. According to the industry distribution chart, Alternus Clean Energy ranks #999999 out of 359 companies in the Utilities - Independent Power Producers industry.
Is Alternus Clean Energy's EV-to-EBITDA too high?
Alternus Clean Energy's current EV-to-EBITDA is -16.75. Based on the distribution chart, Alternus Clean Energy ranks #999999 out of 359 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Alternus Clean Energy has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Alternus Clean Energy's EV-to-EBITDA compare to ETRXF?
According to the Utilities - Independent Power Producers industry distribution chart, Alternus Clean Energy ranks #999999 out of 359 companies for EV-to-EBITDA. This places Alternus Clean Energy in the lower half of its industry. The industry median EV-to-EBITDA is 11.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.35, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Alternus Clean Energy. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternus Clean Energy's current EV-to-EBITDA is -16.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternus Clean Energy stock overvalued right now?
Alternus Clean Energy (ALCE) has a current EV-to-EBITDA of -16.75. The current EV-to-EBITDA is -16.75. Alternus Clean Energy's overall GF Score™ is 10/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Alternus Clean Energy (ALCE), the current EV-to-EBITDA is -16.75 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Alternus Clean Energy Business Description

Address 17 State Street, Suite 4000, New York, NY, USA, 10004
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 Italy 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. The company has two reportable segments that consist of PV operations by geographical region: United States Operations and European Operations.
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