Alfen NV (ALFEN) AI Stock Analysis

• Market Cap: €215.56M
• Dividend Yield: N/A
• Average Volume (3M): 276.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.84
• Revenue Growth: -13.84%
• EPS Growth: -286.67%
• Country: NL
• Employees: 1,053
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.06
• Shares Outstanding: 21,750,000
• 10 Day Avg. Volume: 332,264
• 30 Day Avg. Volume: 276,855
• PEG Ratio: 0.05
• Price to Book (P/B): 1.72
• Price to Sales (P/S): 0.54
• P/FCF Ratio: 8.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €7.83
• Price Target Upside: -19.86% Downside
• Rating Consensus: Strong Sell
• Number of Analyst Covering: 3

• Rating: 51 Neutral
• Price Target: €10.00 ▲(2.35% Upside)

Alfen NV's overall stock score is primarily impacted by its financial performance and valuation concerns. The company's strong cash flow management is overshadowed by declining profitability and a negative P/E ratio. Technical indicators suggest a bearish trend, further weighing on the stock's attractiveness.

Alfen NV Business Overview & Revenue Model

Company Description

Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and sells products, systems, and services related to the electricity grid. The company offers smart grid solutions, including secondary transformer substations, devices for grid automation, and proprietary back-end systems for remote management and control of electricity grids, as well as micro-grids, grid connections, and supplementary offerings for the greenhouse horticulture sector, EV fast-charging hubs, and solar PV farms. It also provides energy storage systems comprising modular energy storage systems for load balancing, peak shaving, grid frequency control, and energy trading solutions, as well as stationary and mobile battery energy storage solutions. In addition, the company offers smart and connected electric vehicle chargers for use at the home, office, and public locations, as well as an online management platform for charging infrastructure and standardized solutions for smart charging, load balancing, and charging hubs. It operates primarily in the Netherlands, Belgium, Finland, France, Germany, Italy, Norway, Poland, Spain, Sweden, the United Kingdom, and the rest of Europe. The company was founded in 1937 and is headquartered in Almere, the Netherlands.

How the Company Makes Money

Alfen generates revenue through multiple streams, primarily from the sale of its products and services in the energy sector. Key revenue streams include the manufacturing and installation of EV charging stations, which have seen increased demand due to the rise in electric vehicle adoption. Additionally, the company earns revenue from energy storage systems, as businesses and utilities look to optimize energy usage and integrate renewable energy sources. Alfen also engages in smart grid projects, providing technological solutions that improve energy distribution and management. Significant partnerships with municipalities, energy companies, and automotive manufacturers further enhance its market presence and revenue potential, while government incentives and regulations promoting sustainable energy solutions also play a crucial role in driving sales.

Alfen NV Financial Statement Overview

Summary

Alfen NV shows strong cash flow management with a robust operating cash flow despite negative net income. However, declining revenue, negative net profit margin, and negative return on equity indicate significant profitability challenges.

Income Statement

Alfen NV's income statement shows volatility with a recent decline in revenue from 504.5 million to 487.6 million. The net profit margin turned negative at -5.54% in 2024 from a positive 5.88% in 2023, indicating profitability challenges. The gross profit margin decreased from 29.95% to 23.66%, showing reduced operational efficiency. The EBIT and EBITDA margins have also turned negative, reflecting potential operational inefficiencies.

Balance Sheet

The balance sheet reveals a modest debt-to-equity ratio of 0.33, suggesting manageable leverage. The equity ratio stands at 41.96%, indicating that a considerable portion of the company's assets is financed by equity. However, the return on equity has turned negative to -17.74% in 2024, reflecting recent profitability issues.

Cash Flow

Alfen NV's cash flow statement shows strong operating cash flow of 55.82 million despite the negative net income, resulting in a robust operating cash flow to net income ratio. The free cash flow improved to 31.25 million, suggesting better cash management. However, the free cash flow growth and net income alignment require attention.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	487.64M	504.48M	439.88M	249.68M	189.01M
Gross Profit	115.39M	151.09M	88.73M	41.29M	28.22M
EBITDA	-4.19M	50.82M	74.43M	33.21M	21.64M
Net Income	-27.01M	29.68M	53.05M	21.45M	11.99M
Balance Sheet
Total Assets	362.75M	395.97M	321.07M	194.18M	146.55M
Cash, Cash Equivalents and Short-Term Investments	17.07M	2.07M	22.84M	47.28M	52.34M
Total Debt	49.75M	57.17M	18.40M	18.40M	19.99M
Total Liabilities	210.51M	216.36M	170.49M	97.86M	72.32M
Stockholders Equity	152.24M	179.61M	150.58M	96.32M	74.23M
Cash Flow
Free Cash Flow	31.25M	-29.06M	-20.60M	-1.14M	10.49M
Operating Cash Flow	55.82M	5.64M	429.00K	10.54M	20.11M
Investing Cash Flow	1.15M	-59.10M	-21.02M	-11.68M	-9.62M
Financing Cash Flow	-35.57M	26.30M	-3.84M	-3.92M	44.98M

Alfen NV Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.77
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ALFEN, the sentiment is Negative. The current price of 9.77 is below the 20-day moving average (MA) of 10.11, below the 50-day MA of 10.11, and below the 200-day MA of 11.72, indicating a bearish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 44.82 is Neutral, neither overbought nor oversold. The STOCH value of 8.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NL:ALFEN.

Alfen NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HYDRA	74 Outperform	€233.97M	11.66	―	3.33%	-9.19%	-0.59%
LIGHT	73 Outperform	€2.86B	8.31	12.63%	6.78%	-4.36%	42.05%
FUR	71 Outperform	€967.51M	6.84	9.91%	8.32%	-7.57%	-51.86%
BAMNB	68 Neutral	€2.03B	15.11	11.89%	3.35%	3.64%	-22.13%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KENDR	55 Neutral	€220.31M	―	5.18%	3.21%	-22.99%	-120.86%
ALFEN	51 Neutral	€215.56M	―	-10.80%	―	-13.84%	-286.67%