Logo image of ARN.MI

ALERION CLEANPOWER (ARN.MI) Stock Fundamental Analysis

Europe - BIT:ARN - IT0004720733 - Common Stock

20.2 EUR
+0.68 (+3.48%)
Last: 10/23/2025, 5:14:13 PM
Fundamental Rating

6

Overall ARN gets a fundamental rating of 6 out of 10. We evaluated ARN against 19 industry peers in the Independent Power and Renewable Electricity Producers industry. ARN has an excellent profitability rating, 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

8

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.
In the past 5 years ARN always reported a positive cash flow from operatings.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

With a decent Return On Assets value of 5.60%, ARN is doing good in the industry, outperforming 78.95% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.32%, ARN belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
The Return On Invested Capital of ARN (7.64%) is better than 94.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ARN is above the industry average of 5.10%.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

1.3 Margins

The Profit Margin of ARN (40.05%) is better than 84.21% of its industry peers.
ARN's Profit Margin has improved in the last couple of years.
ARN's Operating Margin of 57.46% is amongst the best of the industry. ARN outperforms 94.74% of its industry peers.
In the last couple of years the Operating Margin of ARN has grown nicely.
The Gross Margin of ARN (93.05%) is better than 89.47% 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

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
ARN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ARN is higher compared to a year ago.
ARN.MI Yearly Shares OutstandingARN.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

ARN has an Altman-Z score of 1.33. This is a bad value and indicates that ARN is not financially healthy and even has some risk of bankruptcy.
ARN has a Altman-Z score of 1.33. This is in the better half of the industry: ARN outperforms 63.16% 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.
ARN has a Debt to Equity ratio of 2.61. This is amonst the worse of the industry: ARN underperforms 89.47% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.61
Debt/FCF N/A
Altman-Z 1.33
ROIC/WACC1.42
WACC5.38%
ARN.MI Yearly LT Debt VS Equity VS FCFARN.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 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.
The Current ratio of ARN (2.59) is better than 78.95% of its industry peers.
ARN has a Quick Ratio of 2.48. This indicates that ARN is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.48, ARN is doing good in the industry, outperforming 78.95% of the companies in the same industry.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

8

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 143.44% over the past year.
The Earnings Per Share has been growing by 33.73% on average over the past years. This is a very strong growth
ARN shows a strong growth in Revenue. In the last year, the Revenue has grown by 30.89%.
ARN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.12% yearly.
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

Based on estimates for the next years, ARN will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.95% on average per year.
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 Y1.9%
EPS Next 2Y6.94%
EPS Next 3Y11.39%
EPS Next 5Y13.95%
Revenue Next Year4.31%
Revenue Next 2Y9.45%
Revenue Next 3Y11.48%
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.
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.
ARN.MI Yearly Revenue VS EstimatesARN.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 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 2014 2015 2016 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3

5

4. Valuation

4.1 Price/Earnings Ratio

ARN is valuated correctly with a Price/Earnings ratio of 12.95.
Based on the Price/Earnings ratio, ARN is valued cheaply inside the industry as 84.21% of the companies are valued more expensively.
ARN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.57.
With a Price/Forward Earnings ratio of 9.48, the valuation of ARN can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ARN indicates a rather cheap valuation: ARN is cheaper than 84.21% of the companies listed in the same industry.
ARN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.95
Fwd PE 9.48
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

Based on the Enterprise Value to EBITDA ratio, ARN is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 9.33
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of ARN may justify a higher PE ratio.
PEG (NY)6.83
PEG (5Y)0.38
EPS Next 2Y6.94%
EPS Next 3Y11.39%

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.12%, ARN has a reasonable but not impressive dividend return.
ARN's Dividend Yield is a higher than the industry average which is at 3.43.
ARN's Dividend Yield is a higher than the S&P500 average which is at 2.32.
Industry RankSector Rank
Dividend Yield 3.12%

5.2 History

The dividend of ARN is nicely growing with an annual growth rate of 78.76%!
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.
ARN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.74%
EPS Next 2Y6.94%
EPS Next 3Y11.39%
ARN.MI Yearly Income VS Free CF VS DividendARN.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 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

ALERION CLEANPOWER

BIT:ARN (10/23/2025, 5:14:13 PM)

20.2

+0.68 (+3.48%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)07-30 2025-07-30
Earnings (Next)11-13 2025-11-13
Inst Owners0.81%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.10B
Revenue(TTM)208.23M
Net Income(TTM)83.39M
Analysts84
Price Target24.48 (21.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.12%
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)4.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)83.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)22.43%
Valuation
Industry RankSector Rank
PE 12.95
Fwd PE 9.48
P/S 5.26
P/FCF N/A
P/OCF 14.69
P/B 3.2
P/tB 19.62
EV/EBITDA 9.33
EPS(TTM)1.56
EY7.72%
EPS(NY)2.13
Fwd EY10.55%
FCF(TTM)-0.29
FCFYN/A
OCF(TTM)1.37
OCFY6.81%
SpS3.84
BVpS6.32
TBVpS1.03
PEG (NY)6.83
PEG (5Y)0.38
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 1.33
F-Score6
WACC5.38%
ROIC/WACC1.42
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 Y1.9%
EPS Next 2Y6.94%
EPS Next 3Y11.39%
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 2Y9.45%
Revenue Next 3Y11.48%
Revenue Next 5Y16.39%
EBIT growth 1Y58.9%
EBIT growth 3Y20.12%
EBIT growth 5Y37.49%
EBIT Next Year42.21%
EBIT Next 3Y24.6%
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%