Financial Survey: Alternus Clean Energy (NASDAQ:ALCE) vs. SolarBank (NASDAQ:SUUN)

Alternus Clean Energy (NASDAQ:ALCEGet Free Report) and SolarBank (NASDAQ:SUUNGet Free Report) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, profitability, dividends, risk, analyst recommendations, earnings and institutional ownership.

Profitability

This table compares Alternus Clean Energy and SolarBank’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Alternus Clean Energy -447.25% N/A -56.54%
SolarBank -10.64% -15.19% -6.41%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Alternus Clean Energy and SolarBank, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alternus Clean Energy 0 0 0 0 0.00
SolarBank 0 0 1 0 3.00

SolarBank has a consensus target price of $6.00, indicating a potential upside of 37.93%. Given SolarBank’s stronger consensus rating and higher probable upside, analysts plainly believe SolarBank is more favorable than Alternus Clean Energy.

Valuation & Earnings

This table compares Alternus Clean Energy and SolarBank”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Alternus Clean Energy $17.36 million 0.01 -$69.46 million N/A N/A
SolarBank $43.08 million 3.21 -$2.56 million ($0.22) -19.77

SolarBank has higher revenue and earnings than Alternus Clean Energy.

Summary

SolarBank beats Alternus Clean Energy on 8 of the 9 factors compared between the two stocks.

About Alternus Clean Energy

(Get Free Report)

Alternus Clean Energy, Inc. operates as a power producer. It develops, installs, owns and operates utility scale solar parks in America and Europe. It operates through the United States and Europe geographical segments. The company was founded by Vincent Browne in 2017 and is headquartered in New York, NY.

About SolarBank

(Get Free Report)

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

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