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Alternus Energy Group (OSL:ALT) Market Cap : kr142.2 Mil (As of May. 21, 2024)


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What is Alternus Energy Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Alternus Energy Group's share price for the quarter that ended in Sep. 2023 was kr7.42. Alternus Energy Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 26.3 Mil. Therefore, Alternus Energy Group's market cap for the quarter that ended in Sep. 2023 was kr195.3 Mil.

Alternus Energy Group's quarterly market cap declined from Dec. 2022 (kr520.7 Mil) to Jun. 2023 (kr241.0 Mil) and declined from Jun. 2023 (kr241.0 Mil) to Sep. 2023 (kr195.3 Mil).

Alternus Energy Group's annual market cap increased from Dec. 2020 (kr0.0 Mil) to Dec. 2021 (kr787.0 Mil) but then declined from Dec. 2021 (kr787.0 Mil) to Dec. 2022 (kr520.7 Mil).

Enterprise Value is 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 and cash equivalents. Alternus Energy Group's Enterprise Value for Today is kr2,403.4 Mil.


Alternus Energy Group Market Cap Historical Data

The historical data trend for Alternus Energy Group's Market Cap 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 Market Cap Chart

Alternus Energy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
- - - 786.97 520.72

Alternus Energy Group Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
Market Cap 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 553.68 486.45 520.72 240.98 195.34

Competitive Comparison of Alternus Energy Group's Market Cap

For the Utilities - Renewable subindustry, Alternus Energy Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Alternus Energy Group's Market Cap falls into.



Alternus Energy Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Alternus Energy Group's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=kr19.75*26.3657
=kr520.7

Alternus Energy Group's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=kr7.42*26.3257
=kr195.3

* 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  (OSL:ALT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Alternus Energy Group Market Cap Related Terms

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Alternus Energy Group (OSL:ALT) 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.