ALTUS POWER INC (AMPS)

US02217A1025 - Common Stock

4.78  +0.01 (+0.21%)

After market: 4.75 -0.03 (-0.63%)

Fundamental Rating

3

Overall AMPS gets a fundamental rating of 3 out of 10. We evaluated AMPS against 21 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and financial health of AMPS have multiple concerns. AMPS is valued quite expensively, but it does show have an excellent growth rating.



3

1. Profitability

1.1 Basic Checks

AMPS had negative earnings in the past year.
In the past year AMPS had a positive cash flow from operations.
In multiple years AMPS reported negative net income over the last 5 years.
AMPS had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of -0.45%, AMPS is doing worse than 75.00% of the companies in the same industry.
The Return On Equity of AMPS (-2.09%) is worse than 70.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.89%, AMPS is doing worse than 60.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AMPS is below the industry average of 3.66%.
Industry RankSector Rank
ROA -0.45%
ROE -2.09%
ROIC 0.89%
ROA(3y)1.36%
ROA(5y)0.11%
ROE(3y)4.26%
ROE(5y)-0.22%
ROIC(3y)1.24%
ROIC(5y)1.79%

1.3 Margins

AMPS has a Operating Margin (14.35%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AMPS has declined.
AMPS's Gross Margin of 80.89% is amongst the best of the industry. AMPS outperforms 85.00% of its industry peers.
AMPS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 14.35%
PM (TTM) N/A
GM 80.89%
OM growth 3Y-21.63%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.97%
GM growth 5YN/A

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMPS is destroying value.
Compared to 1 year ago, AMPS has about the same amount of shares outstanding.
Compared to 1 year ago, AMPS has a worse debt to assets ratio.

2.2 Solvency

AMPS has an Altman-Z score of 0.42. This is a bad value and indicates that AMPS is not financially healthy and even has some risk of bankruptcy.
AMPS's Altman-Z score of 0.42 is in line compared to the rest of the industry. AMPS outperforms 55.00% of its industry peers.
A Debt/Equity ratio of 2.60 is on the high side and indicates that AMPS has dependencies on debt financing.
AMPS's Debt to Equity ratio of 2.60 is in line compared to the rest of the industry. AMPS outperforms 55.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.6
Debt/FCF N/A
Altman-Z 0.42
ROIC/WACC0.15
WACC5.93%

2.3 Liquidity

A Current Ratio of 2.15 indicates that AMPS has no problem at all paying its short term obligations.
AMPS has a Current ratio of 2.15. This is in the better half of the industry: AMPS outperforms 75.00% of its industry peers.
AMPS has a Quick Ratio of 2.15. This indicates that AMPS is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.15, AMPS is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.15
Quick Ratio 2.15

7

3. Growth

3.1 Past

AMPS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 69.57%, which is quite impressive.
The Revenue has grown by 53.38% in the past year. This is a very strong growth!
AMPS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 50.74% yearly.
EPS 1Y (TTM)69.57%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-140.48%
Revenue 1Y (TTM)53.38%
Revenue growth 3Y50.74%
Revenue growth 5YN/A
Revenue growth Q2Q27.77%

3.2 Future

Based on estimates for the next years, AMPS will show a very strong growth in Earnings Per Share. The EPS will grow by 134.46% on average per year.
AMPS is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 38.12% yearly.
EPS Next Y114.57%
EPS Next 2Y134.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year36.71%
Revenue Next 2Y38.12%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for AMPS. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 468.63, AMPS can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMPS is on the same level as its industry peers.
AMPS's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.79.
Industry RankSector Rank
PE N/A
Fwd PE 468.63

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, AMPS is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 23.81

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AMPS's earnings are expected to grow with 134.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y134.46%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for AMPS!.
Industry RankSector Rank
Dividend Yield N/A

ALTUS POWER INC

NYSE:AMPS (3/28/2024, 8:04:00 PM)

After market: 4.75 -0.03 (-0.63%)

4.78

+0.01 (+0.21%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap764.75M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 468.63
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
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TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.45%
ROE -2.09%
ROCE
ROIC
ROICexc
ROICexgc
OM 14.35%
PM (TTM) N/A
GM 80.89%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 2.6
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 2.15
Quick Ratio 2.15
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)69.57%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y114.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)53.38%
Revenue growth 3Y50.74%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
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EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y