ALERION CLEANPOWER (ARN.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:ARN • IT0004720733

18.72 EUR
+0.36 (+1.96%)
Last: Feb 9, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

7

ARN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 23 industry peers in the Independent Power and Renewable Electricity Producers industry. ARN scores excellent on profitability, but there are some minor concerns on its financial health. ARN is not priced too expensively while it is growing strongly. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year ARN was profitable.
  • ARN had a positive operating cash flow in the past year.
  • ARN had positive earnings in each of the past 5 years.
  • ARN had a positive operating cash flow in each of the past 5 years.
ARN.MI Yearly Net Income VS EBIT VS OCF VS FCFARN.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

  • The Return On Assets of ARN (5.60%) is better than 91.30% of its industry peers.
  • The Return On Equity of ARN (24.32%) is better than 91.30% of its industry peers.
  • ARN's Return On Invested Capital of 7.64% is amongst the best of the industry. ARN outperforms 86.96% of its industry peers.
  • ARN had an Average Return On Invested Capital over the past 3 years of 9.83%. This is above the industry average of 5.27%.
Industry RankSector Rank
ROA 5.6%
ROE 24.32%
ROIC 7.64%
ROA(3y)5.37%
ROA(5y)4.85%
ROE(3y)23.57%
ROE(5y)21.49%
ROIC(3y)9.83%
ROIC(5y)8.05%
ARN.MI Yearly ROA, ROE, ROICARN.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

  • The Profit Margin of ARN (40.05%) is better than 95.65% of its industry peers.
  • ARN's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 57.46%, ARN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • ARN's Operating Margin has improved in the last couple of years.
  • ARN's Gross Margin of 93.05% is amongst the best of the industry. ARN outperforms 91.30% of its industry peers.
  • ARN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 57.46%
PM (TTM) 40.05%
GM 93.05%
OM growth 3Y4.83%
OM growth 5Y9.01%
PM growth 3Y9.32%
PM growth 5Y7.35%
GM growth 3Y-1.32%
GM growth 5Y-0.55%
ARN.MI Yearly Profit, Operating, Gross MarginsARN.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ARN is creating value.
  • Compared to 1 year ago, ARN has less shares outstanding
  • Compared to 5 years ago, ARN has more shares outstanding
  • ARN has a worse debt/assets ratio than last year.
ARN.MI Yearly Shares OutstandingARN.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
ARN.MI Yearly Total Debt VS Total AssetsARN.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • Based on the Altman-Z score of 1.30, we must say that ARN is in the distress zone and has some risk of bankruptcy.
  • ARN's Altman-Z score of 1.30 is fine compared to the rest of the industry. ARN outperforms 60.87% of its industry peers.
  • ARN has a Debt/Equity ratio of 2.61. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 2.61, ARN is doing worse than 73.91% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.61
Debt/FCF N/A
Altman-Z 1.3
ROIC/WACC1.44
WACC5.31%
ARN.MI Yearly LT Debt VS Equity VS FCFARN.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • ARN has a Current Ratio of 2.59. This indicates that ARN is financially healthy and has no problem in meeting its short term obligations.
  • ARN has a Current ratio of 2.59. This is in the better half of the industry: ARN outperforms 78.26% of its industry peers.
  • A Quick Ratio of 2.48 indicates that ARN has no problem at all paying its short term obligations.
  • ARN has a Quick ratio of 2.48. This is in the better half of the industry: ARN outperforms 78.26% of its industry peers.
Industry RankSector Rank
Current Ratio 2.59
Quick Ratio 2.48
ARN.MI Yearly Current Assets VS Current LiabilitesARN.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • ARN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 143.44%, which is quite impressive.
  • ARN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.73% yearly.
  • The Revenue has grown by 30.89% in the past year. This is a very strong growth!
  • The Revenue has been growing by 26.12% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)143.44%
EPS 3Y25.61%
EPS 5Y33.73%
EPS Q2Q%-70.27%
Revenue 1Y (TTM)30.89%
Revenue growth 3Y14.58%
Revenue growth 5Y26.12%
Sales Q2Q%-18.69%

3.2 Future

  • ARN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.95% yearly.
  • ARN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.39% yearly.
EPS Next Y-30.08%
EPS Next 2Y-4.86%
EPS Next 3Y14.57%
EPS Next 5Y13.95%
Revenue Next Year4.31%
Revenue Next 2Y10.92%
Revenue Next 3Y12.97%
Revenue Next 5Y16.39%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ARN.MI Yearly Revenue VS EstimatesARN.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M
ARN.MI Yearly EPS VS EstimatesARN.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • ARN is valuated reasonably with a Price/Earnings ratio of 12.00.
  • 86.96% of the companies in the same industry are more expensive than ARN, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of ARN to the average of the S&P500 Index (28.06), we can say ARN is valued rather cheaply.
  • The Price/Forward Earnings ratio is 11.10, which indicates a very decent valuation of ARN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ARN indicates a somewhat cheap valuation: ARN is cheaper than 78.26% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.86. ARN is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12
Fwd PE 11.1
ARN.MI Price Earnings VS Forward Price EarningsARN.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • ARN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ARN is cheaper than 60.87% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.96
ARN.MI Per share dataARN.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

  • The excellent profitability rating of ARN may justify a higher PE ratio.
  • A more expensive valuation may be justified as ARN's earnings are expected to grow with 14.57% in the coming years.
PEG (NY)N/A
PEG (5Y)0.36
EPS Next 2Y-4.86%
EPS Next 3Y14.57%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.30%, ARN has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.36, ARN pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, ARN pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.3%

5.2 History

  • On average, the dividend of ARN grows each year by 78.76%, which is quite nice.
Dividend Growth(5Y)78.76%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • ARN pays out 39.74% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of ARN is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP39.74%
EPS Next 2Y-4.86%
EPS Next 3Y14.57%
ARN.MI Yearly Income VS Free CF VS DividendARN.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M
ARN.MI Dividend Payout.ARN.MI Dividend Payout, showing the Payout Ratio.ARN.MI Dividend Payout.PayoutRetained Earnings

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ALERION CLEANPOWER

BIT:ARN (2/9/2026, 7:00:00 PM)

18.72

+0.36 (+1.96%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)11-13
Earnings (Next)03-11
Inst Owners0.87%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.02B
Revenue(TTM)208.23M
Net Income(TTM)83.39M
Analysts84
Price Target24.99 (33.49%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.3%
Yearly Dividend0.62
Dividend Growth(5Y)78.76%
DP39.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)2.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-31.02%
EPS NY rev (3m)-31.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 12
Fwd PE 11.1
P/S 4.88
P/FCF N/A
P/OCF 13.62
P/B 2.96
P/tB 18.18
EV/EBITDA 8.96
EPS(TTM)1.56
EY8.33%
EPS(NY)1.69
Fwd EY9.01%
FCF(TTM)-0.29
FCFYN/A
OCF(TTM)1.37
OCFY7.34%
SpS3.84
BVpS6.32
TBVpS1.03
PEG (NY)N/A
PEG (5Y)0.36
Graham Number14.9
Profitability
Industry RankSector Rank
ROA 5.6%
ROE 24.32%
ROCE 9.04%
ROIC 7.64%
ROICexc 10.16%
ROICexgc 14.27%
OM 57.46%
PM (TTM) 40.05%
GM 93.05%
FCFM N/A
ROA(3y)5.37%
ROA(5y)4.85%
ROE(3y)23.57%
ROE(5y)21.49%
ROIC(3y)9.83%
ROIC(5y)8.05%
ROICexc(3y)15.03%
ROICexc(5y)11.56%
ROICexgc(3y)21.72%
ROICexgc(5y)16.52%
ROCE(3y)11.63%
ROCE(5y)9.53%
ROICexgc growth 3Y28.39%
ROICexgc growth 5Y34%
ROICexc growth 3Y22.23%
ROICexc growth 5Y30.27%
OM growth 3Y4.83%
OM growth 5Y9.01%
PM growth 3Y9.32%
PM growth 5Y7.35%
GM growth 3Y-1.32%
GM growth 5Y-0.55%
F-Score6
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 2.61
Debt/FCF N/A
Debt/EBITDA 5.21
Cap/Depr 172.59%
Cap/Sales 43.33%
Interest Coverage 3.5
Cash Conversion 43.37%
Profit Quality N/A
Current Ratio 2.59
Quick Ratio 2.48
Altman-Z 1.3
F-Score6
WACC5.31%
ROIC/WACC1.44
Cap/Depr(3y)142.88%
Cap/Depr(5y)116.61%
Cap/Sales(3y)34.77%
Cap/Sales(5y)29.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)143.44%
EPS 3Y25.61%
EPS 5Y33.73%
EPS Q2Q%-70.27%
EPS Next Y-30.08%
EPS Next 2Y-4.86%
EPS Next 3Y14.57%
EPS Next 5Y13.95%
Revenue 1Y (TTM)30.89%
Revenue growth 3Y14.58%
Revenue growth 5Y26.12%
Sales Q2Q%-18.69%
Revenue Next Year4.31%
Revenue Next 2Y10.92%
Revenue Next 3Y12.97%
Revenue Next 5Y16.39%
EBIT growth 1Y58.9%
EBIT growth 3Y20.12%
EBIT growth 5Y37.49%
EBIT Next Year42.21%
EBIT Next 3Y26.45%
EBIT Next 5Y7.61%
FCF growth 1Y-115.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-53.42%
OCF growth 3Y-20.38%
OCF growth 5Y-1.87%

ALERION CLEANPOWER / ARN.MI FAQ

What is the fundamental rating for ARN stock?

ChartMill assigns a fundamental rating of 7 / 10 to ARN.MI.


Can you provide the valuation status for ALERION CLEANPOWER?

ChartMill assigns a valuation rating of 6 / 10 to ALERION CLEANPOWER (ARN.MI). This can be considered as Fairly Valued.


How profitable is ALERION CLEANPOWER (ARN.MI) stock?

ALERION CLEANPOWER (ARN.MI) has a profitability rating of 9 / 10.


What is the valuation of ALERION CLEANPOWER based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ALERION CLEANPOWER (ARN.MI) is 12 and the Price/Book (PB) ratio is 2.96.


How sustainable is the dividend of ALERION CLEANPOWER (ARN.MI) stock?

The dividend rating of ALERION CLEANPOWER (ARN.MI) is 6 / 10 and the dividend payout ratio is 39.74%.