ALTUS POWER INC (AMPS) Stock Fundamental Analysis
NYSE:AMPS - New York Stock Exchange, Inc. - US02217A1025 - Common Stock - Currency: USD
AMPS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 19 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of AMPS while its profitability can be described as average. AMPS is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year AMPS was profitable.
AMPS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AMPS reported negative net income in multiple years.
Each year in the past 5 years AMPS had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.06%, AMPS perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
With a Return On Equity value of 0.29%, AMPS perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
AMPS has a Return On Invested Capital (1.40%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for AMPS is below the industry average of 3.81%.
The last Return On Invested Capital (1.40%) for AMPS is above the 3 year average (1.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.29% | ||
| ROIC | 1.4% |
ROA(3y)1.2%
ROA(5y)0.45%
ROE(3y)3.72%
ROE(5y)0.85%
ROIC(3y)1.16%
ROIC(5y)1.42%
1.3 Margins
With a Profit Margin value of 0.67%, AMPS perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
AMPS's Profit Margin has declined in the last couple of years.
AMPS's Operating Margin of 18.28% is fine compared to the rest of the industry. AMPS outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of AMPS has declined.
With an excellent Gross Margin value of 76.52%, AMPS belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
In the last couple of years the Gross Margin of AMPS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.28% | ||
| PM (TTM) | 0.67% | ||
| GM | 76.52% |
OM growth 3Y-16.7%
OM growth 5Y-12.73%
PM growth 3Y-56.38%
PM growth 5YN/A
GM growth 3Y-1.68%
GM growth 5Y-1.4%
2. Health
2.1 Basic Checks
AMPS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AMPS has been increased compared to 1 year ago.
AMPS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AMPS is higher compared to a year ago.
2.2 Solvency
AMPS has an Altman-Z score of 0.26. This is a bad value and indicates that AMPS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.26, AMPS perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
AMPS has a Debt/Equity ratio of 2.62. This is a high value indicating a heavy dependency on external financing.
AMPS has a Debt to Equity ratio of 2.62. This is comparable to the rest of the industry: AMPS outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.62 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.26 |
ROIC/WACC0.23
WACC6.12%
2.3 Liquidity
A Current Ratio of 0.44 indicates that AMPS may have some problems paying its short term obligations.
The Current ratio of AMPS (0.44) is worse than 76.19% of its industry peers.
A Quick Ratio of 0.44 indicates that AMPS may have some problems paying its short term obligations.
The Quick ratio of AMPS (0.44) is worse than 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 128.57% over the past year.
AMPS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -41.04% yearly.
Looking at the last year, AMPS shows a very strong growth in Revenue. The Revenue has grown by 26.49%.
The Revenue has been growing by 39.31% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)128.57%
EPS 3Y-41.04%
EPS 5YN/A
EPS Q2Q%-123.53%
Revenue 1Y (TTM)26.49%
Revenue growth 3Y39.82%
Revenue growth 5Y39.31%
Sales Q2Q%30.05%
3.2 Future
AMPS is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -173.74% yearly.
Based on estimates for the next years, AMPS will show a very strong growth in Revenue. The Revenue will grow by 23.45% on average per year.
EPS Next Y-678.85%
EPS Next 2Y-173.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.06%
Revenue Next 2Y17.43%
Revenue Next 3Y23.53%
Revenue Next 5Y23.45%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 249.50, AMPS can be considered very expensive at the moment.
AMPS's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.41, AMPS is valued quite expensively.
AMPS is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 249.5 | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AMPS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.77 |
4.3 Compensation for Growth
AMPS's earnings are expected to decrease with -173.74% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-173.74%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for AMPS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.99
-0.01 (-0.2%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners52.74%
Inst Owner Change-0.22%
Ins Owners5.96%
Ins Owner Change-4730.41%
Market Cap804.49M
Analysts73.85
Price Target5.44 (9.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-195.25%
Min EPS beat(2)-626.36%
Max EPS beat(2)235.86%
EPS beat(4)3
Avg EPS beat(4)107.43%
Min EPS beat(4)-626.36%
Max EPS beat(4)652.94%
EPS beat(8)5
Avg EPS beat(8)-88.68%
EPS beat(12)7
Avg EPS beat(12)206.65%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.65%
Min Revenue beat(2)-6.53%
Max Revenue beat(2)-0.77%
Revenue beat(4)0
Avg Revenue beat(4)-4.33%
Min Revenue beat(4)-9.88%
Max Revenue beat(4)-0.14%
Revenue beat(8)1
Avg Revenue beat(8)-7.26%
Revenue beat(12)3
Avg Revenue beat(12)-5.01%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0.39%
EPS NQ rev (1m)1.47%
EPS NQ rev (3m)-35.54%
EPS NY rev (1m)0%
EPS NY rev (3m)-541.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.77%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 249.5 | ||
| Fwd PE | N/A | ||
| P/S | 4.1 | ||
| P/FCF | N/A | ||
| P/OCF | 19.94 | ||
| P/B | 1.77 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 19.77 |
EPS(TTM)0.02
EY0.4%
EPS(NY)-0.12
Fwd EYN/A
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0.25
OCFY5.02%
SpS1.22
BVpS2.82
TBVpS2.51
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.06% | ||
| ROE | 0.29% | ||
| ROCE | 1.78% | ||
| ROIC | 1.4% | ||
| ROICexc | 1.48% | ||
| ROICexgc | 1.52% | ||
| OM | 18.28% | ||
| PM (TTM) | 0.67% | ||
| GM | 76.52% | ||
| FCFM | N/A |
ROA(3y)1.2%
ROA(5y)0.45%
ROE(3y)3.72%
ROE(5y)0.85%
ROIC(3y)1.16%
ROIC(5y)1.42%
ROICexc(3y)1.28%
ROICexc(5y)1.66%
ROICexgc(3y)1.32%
ROICexgc(5y)1.71%
ROCE(3y)1.46%
ROCE(5y)1.8%
ROICexcg growth 3Y-14.5%
ROICexcg growth 5Y-16.07%
ROICexc growth 3Y-14.61%
ROICexc growth 5Y-16.02%
OM growth 3Y-16.7%
OM growth 5Y-12.73%
PM growth 3Y-56.38%
PM growth 5YN/A
GM growth 3Y-1.68%
GM growth 5Y-1.4%
F-Score6
Asset Turnover0.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.62 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 11.38 | ||
| Cap/Depr | 135.97% | ||
| Cap/Sales | 47.74% | ||
| Interest Coverage | 0.53 | ||
| Cash Conversion | 38.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 | ||
| Altman-Z | 0.26 |
F-Score6
WACC6.12%
ROIC/WACC0.23
Cap/Depr(3y)205.5%
Cap/Depr(5y)198.71%
Cap/Sales(3y)66.65%
Cap/Sales(5y)60.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)128.57%
EPS 3Y-41.04%
EPS 5YN/A
EPS Q2Q%-123.53%
EPS Next Y-678.85%
EPS Next 2Y-173.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.49%
Revenue growth 3Y39.82%
Revenue growth 5Y39.31%
Sales Q2Q%30.05%
Revenue Next Year16.06%
Revenue Next 2Y17.43%
Revenue Next 3Y23.53%
Revenue Next 5Y23.45%
EBIT growth 1Y61.13%
EBIT growth 3Y16.48%
EBIT growth 5Y21.58%
EBIT Next Year291.5%
EBIT Next 3Y89.41%
EBIT Next 5Y64.95%
FCF growth 1Y-38.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-49.16%
OCF growth 3Y19.41%
OCF growth 5Y51.71%