WallStreetZenWallStreetZen

NASDAQ: AEAE
Altenergy Acquisition Corp Stock

$11.20+0.11 (+0.99%)
Updated Apr 24, 2024
AEAE Price
$11.20
Fair Value Price
N/A
Market Cap
$82.07M
52 Week Low
$10.16
52 Week High
$11.86
P/E
65.88x
P/B
-6.38x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$2.47M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.02
Operating Cash Flow
-$3M
Beta
-0.01
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

AEAE Overview

AltEnergy Acquisition Corp. is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar combinations with one or more businesses. It targets businesses in the renewable energy and related clean technology sectors. AltEnergy was incorporated in 2021 and is based in New York, NY.

Zen Score

Industry Average (8)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how AEAE scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

AEAE was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
AEAE is poor value based on its earnings relative to its share price (65.88x), compared to the US market average (41.27x)
P/E vs Market Valuation
AEAE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more AEAE due diligence checks available for Premium users.

Be the first to know about important AEAE news, forecast changes, insider trades & much more!

AEAE News

Valuation

AEAE fair value

Fair Value of AEAE stock based on Discounted Cash Flow (DCF)
Price
$11.20
Fair Value
$10.95
Overvalued by
2.25%
AEAE was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

AEAE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
65.88x
Industry
35.99x
Market
41.27x
AEAE is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
AEAE is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

AEAE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-6.38x
Industry
-14.41x

AEAE's financial health

Profit margin

Revenue
$0.0
Net Income
$445.6k
Profit Margin
0%
AEAE's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$18.0M
Liabilities
$13.1M
Debt to equity
-1.02
AEAE's short-term liabilities ($4.13M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
AEAE's long-term liabilities ($8.99M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
AEAE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
AEAE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$609.6k
Investing
$261.9k
Financing
$343.3k
AEAE's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

AEAE vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
AEAE$82.07M+0.99%65.88x-6.38x
BUJA$81.96M-0.09%-9.18x18.43x
BLEU$81.75M+1.22%51.52x-7.22x
WEL$81.71M+0.09%-26.65x-10.06x
BACA$82.45M0.00%115.33x-14.34x

Altenergy Acquisition Stock FAQ

What is Altenergy Acquisition's quote symbol?

(NASDAQ: AEAE) Altenergy Acquisition trades on the NASDAQ under the ticker symbol AEAE. Altenergy Acquisition stock quotes can also be displayed as NASDAQ: AEAE.

If you're new to stock investing, here's how to buy Altenergy Acquisition stock.

What is the 52 week high and low for Altenergy Acquisition (NASDAQ: AEAE)?

(NASDAQ: AEAE) Altenergy Acquisition's 52-week high was $11.86, and its 52-week low was $10.16. It is currently -5.56% from its 52-week high and 10.24% from its 52-week low.

How much is Altenergy Acquisition stock worth today?

(NASDAQ: AEAE) Altenergy Acquisition currently has 7,327,478 outstanding shares. With Altenergy Acquisition stock trading at $11.20 per share, the total value of Altenergy Acquisition stock (market capitalization) is $82.07M.

Altenergy Acquisition stock was originally listed at a price of $10.05 in Oct 29, 2021. If you had invested in Altenergy Acquisition stock at $10.05, your return over the last 2 years would have been 11.44%, for an annualized return of 5.57% (not including any dividends or dividend reinvestments).

How much is Altenergy Acquisition's stock price per share?

(NASDAQ: AEAE) Altenergy Acquisition stock price per share is $11.20 today (as of Apr 24, 2024).

What is Altenergy Acquisition's Market Cap?

(NASDAQ: AEAE) Altenergy Acquisition's market cap is $82.07M, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Altenergy Acquisition's market cap is calculated by multiplying AEAE's current stock price of $11.20 by AEAE's total outstanding shares of 7,327,478.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.