Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Altea Green Power S.p.A. is an Italy-based company listed on the Italian stock exchange, specializing in the development, engineering, procurement, construction (EPC), and co-development of renewable energy plants, including photovoltaic, wind power, battery energy storage systems (BESS), and hybrid solutions. Headquartered in Rivoli, it serves individuals, companies, institutions, and investors by providing turnkey installations of industrial-scale rooftop and ground-mounted solar plants, wind farms, and storage facilities, alongside energy efficiency consulting, diagnostics, and revamping services as a certified ESCo. With a team of around 30-34 highly qualified professionals averaging 15 years of experience, the company manages full project lifecycles from site scouting and permitting to operations, emphasizing environmental sustainability, community engagement, and regulatory compliance. Altea Green Power S.p.A. develops a substantial pipeline exceeding 76 GW in photovoltaic and wind projects plus 9.9 GW in BESS across Italy and internationally, including the USA, positioning it as an Independent Power Producer (IPP) focused on green energy production and decarbonization efforts.
Margins and capital returns are both well above average: 54.63% operating margin, ROIC at 15.56%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue declined 37.8% YoY. Margins deteriorated 6.4pp alongside, both lines moving the wrong way.
ROIC dropped from 49.49% to 15.56%, capital efficiency is deteriorating. Operating margin contracted 6.4pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
€16M
▼ -37.8% YoY
Net Income (TTM)
€5M
▼ -48.3% YoY
Op. Margin
45.98%
▼ -6.4pp YoY
ROIC
15.56%
▼ -33.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€3M
▲ +375.9% YoY
Op. Cash Flow (TTM)
-€705K
▲ +387.3% YoY
Net Debt
-€5M
Net Cash Position
Cash & Equiv.
€25M
3Y CAGR: +11.0%
Continue Research