(ALFEN) Alfen Beheer BV - Overview
Exchange: AS •
Country: Netherlands •
Currency: EUR •
Type: Common Stock •
ISIN: NL0012817175
Stock: Smart Grid, Energy Storage, EV Chargers
Total Rating 36
Risk 96
Buy Signal -0.95
| Risk 5d forecast | |
|---|---|
| Volatility | 60.5% |
| Relative Tail Risk | -17.6% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.11 |
| Alpha | -27.75 |
| Character TTM | |
|---|---|
| Beta | 0.326 |
| Beta Downside | 0.782 |
| Drawdowns 3y | |
|---|---|
| Max DD | 88.53% |
| CAGR/Max DD | -0.54 |
Description: ALFEN Alfen Beheer BV December 31, 2025
Alfen N.V. (AS:ALFEN) designs, engineers, manufactures and services smart-grid infrastructure, battery-based energy-storage systems, and connected electric-vehicle (EV) chargers across Europe. Its portfolio spans secondary transformer substations, grid-automation hardware, remote-management software, micro-grid solutions, and end-to-end EV-charging platforms for residential, commercial and public sites.
Key quantitative signals (2023): revenue of €1.1 bn, EBITDA margin of ~12 %, and a total installed storage capacity of roughly 1.5 GWh, positioning Alfen among the top three European providers by capacity. Growth is closely tied to EU “Fit for 55” policies, which are accelerating renewable-energy integration and mandating grid-modernisation, and to the rapid rise in EV registrations-Europe added ~5 M EVs in 2023, driving demand for fast-charging hubs where Alfen holds an estimated 30 % market share in the Netherlands.
For a deeper dive into Alfen’s valuation metrics, see the ValueRay analysis.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: -8.01m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.26 > 0.02 and ΔFCF/TA 45.66 > 1.0 |
| NWC/Revenue: 9.98% < 20% (prev 21.81%; Δ -11.83% < -1%) |
| CFO/TA 0.35 > 3% & CFO 119.3m > Net Income -8.01m |
| Net Debt (31.8m) to EBITDA (41.5m): 0.77 < 3 |
| Current Ratio: 1.75 > 1.5 & < 3 |
| Outstanding Shares: last quarter (21.6m) vs 12m ago -0.59% < -2% |
| Gross Margin: 15.97% > 18% (prev 0.16%; Δ 1580 % > 0.5%) |
| Asset Turnover: 266.0% > 50% (prev 115.2%; Δ 150.8% > 0%) |
| Interest Coverage Ratio: -0.15 > 6 (EBITDA TTM 41.5m / Interest Expense TTM 9.31m) |
Altman Z'' 3.42
| A: 0.29 (Total Current Assets 228.0m - Total Current Liabilities 130.2m) / Total Assets 338.7m |
| B: 0.30 (Retained Earnings 101.1m / Total Assets 338.7m) |
| C: -0.00 (EBIT TTM -1.37m / Avg Total Assets 368.3m) |
| D: 0.55 (Book Value of Equity 103.3m / Total Liabilities 187.4m) |
| Altman-Z'' Score: 3.42 = A |
Beneish M -3.16
| DSRI: 0.36 (Receivables 119.9m/153.7m, Revenue 979.7m/458.3m) |
| GMI: 1.01 (GM 15.97% / 16.20%) |
| AQI: 0.91 (AQ_t 0.09 / AQ_t-1 0.10) |
| SGI: 2.14 (Revenue 979.7m / 458.3m) |
| TATA: -0.38 (NI -8.01m - CFO 119.3m) / TA 338.7m) |
| Beneish M-Score: -3.16 (Cap -4..+1) = AA |
What is the price of ALFEN shares?
As of February 07, 2026, the stock is trading at EUR 11.02 with a total of 263,709 shares traded.
Over the past week, the price has changed by -2.26%, over one month by +1.15%, over three months by +9.98% and over the past year by -22.80%.
Over the past week, the price has changed by -2.26%, over one month by +1.15%, over three months by +9.98% and over the past year by -22.80%.
Is ALFEN a buy, sell or hold?
Alfen Beheer BV has no consensus analysts rating.
What are the forecasts/targets for the ALFEN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.1 | -8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 7.7 | -29.8% |
ALFEN Fundamental Data Overview February 03, 2026
Market Cap USD = 289.3m (245.2m EUR * 1.1801 EUR.USD)
P/E Forward = 60.6061
P/S = 0.5407
P/B = 1.5704
Revenue TTM = 979.7m EUR
EBIT TTM = -1.37m EUR
EBITDA TTM = 41.5m EUR
Long Term Debt = 5.31m EUR (from longTermDebt, last quarter)
Short Term Debt = 9.17m EUR (from shortTermDebt, last quarter)
Debt = 49.1m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 31.8m EUR (from netDebt column, last quarter)
Enterprise Value = 276.9m EUR (245.2m + Debt 49.1m - CCE 17.3m)
Interest Coverage Ratio = -0.15 (Ebit TTM -1.37m / Interest Expense TTM 9.31m)
EV/FCF = 3.10x (Enterprise Value 276.9m / FCF TTM 89.4m)
FCF Yield = 32.27% (FCF TTM 89.4m / Enterprise Value 276.9m)
FCF Margin = 9.12% (FCF TTM 89.4m / Revenue TTM 979.7m)
Net Margin = -0.82% (Net Income TTM -8.01m / Revenue TTM 979.7m)
Gross Margin = 15.97% ((Revenue TTM 979.7m - Cost of Revenue TTM 823.3m) / Revenue TTM)
Gross Margin QoQ = 29.13% (prev -0.80%)
Tobins Q-Ratio = 0.82 (Enterprise Value 276.9m / Total Assets 338.7m)
Interest Expense / Debt = 3.93% (Interest Expense 1.93m / Debt 49.1m)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = -1.03m (EBIT -1.37m * (1 - 25.00%)) [loss with tax shield]
Current Ratio = 1.75 (Total Current Assets 228.0m / Total Current Liabilities 130.2m)
Debt / Equity = 0.32 (Debt 49.1m / totalStockholderEquity, last quarter 151.3m)
Debt / EBITDA = 0.77 (Net Debt 31.8m / EBITDA 41.5m)
Debt / FCF = 0.36 (Net Debt 31.8m / FCF TTM 89.4m)
Total Stockholder Equity = 162.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.18% (Net Income -8.01m / Total Assets 338.7m)
RoE = -4.92% (Net Income TTM -8.01m / Total Stockholder Equity 162.8m)
RoCE = -0.82% (EBIT -1.37m / Capital Employed (Equity 162.8m + L.T.Debt 5.31m))
RoIC = -0.55% (negative operating profit) (NOPAT -1.03m / Invested Capital 187.7m)
WACC = 6.42% (E(245.2m)/V(294.3m) * Re(7.12%) + D(49.1m)/V(294.3m) * Rd(3.93%) * (1-Tc(0.25)))
Discount Rate = 7.12% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.33%
[DCF Debug] Terminal Value 86.58% ; FCFF base≈89.4m ; Y1≈110.3m ; Y5≈187.8m
Fair Price DCF = 211.9 (EV 4.64b - Net Debt 31.8m = Equity 4.61b / Shares 21.7m; r=6.42% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -52.90 | EPS CAGR: -12.87% | SUE: 0.0 | # QB: 0
Revenue Correlation: 88.71 | Revenue CAGR: 40.33% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=0.22 | Chg30d=+0.023 | Revisions Net=+0 | Growth EPS=+200.3% | Growth Revenue=+4.1%
P/E Forward = 60.6061
P/S = 0.5407
P/B = 1.5704
Revenue TTM = 979.7m EUR
EBIT TTM = -1.37m EUR
EBITDA TTM = 41.5m EUR
Long Term Debt = 5.31m EUR (from longTermDebt, last quarter)
Short Term Debt = 9.17m EUR (from shortTermDebt, last quarter)
Debt = 49.1m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 31.8m EUR (from netDebt column, last quarter)
Enterprise Value = 276.9m EUR (245.2m + Debt 49.1m - CCE 17.3m)
Interest Coverage Ratio = -0.15 (Ebit TTM -1.37m / Interest Expense TTM 9.31m)
EV/FCF = 3.10x (Enterprise Value 276.9m / FCF TTM 89.4m)
FCF Yield = 32.27% (FCF TTM 89.4m / Enterprise Value 276.9m)
FCF Margin = 9.12% (FCF TTM 89.4m / Revenue TTM 979.7m)
Net Margin = -0.82% (Net Income TTM -8.01m / Revenue TTM 979.7m)
Gross Margin = 15.97% ((Revenue TTM 979.7m - Cost of Revenue TTM 823.3m) / Revenue TTM)
Gross Margin QoQ = 29.13% (prev -0.80%)
Tobins Q-Ratio = 0.82 (Enterprise Value 276.9m / Total Assets 338.7m)
Interest Expense / Debt = 3.93% (Interest Expense 1.93m / Debt 49.1m)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = -1.03m (EBIT -1.37m * (1 - 25.00%)) [loss with tax shield]
Current Ratio = 1.75 (Total Current Assets 228.0m / Total Current Liabilities 130.2m)
Debt / Equity = 0.32 (Debt 49.1m / totalStockholderEquity, last quarter 151.3m)
Debt / EBITDA = 0.77 (Net Debt 31.8m / EBITDA 41.5m)
Debt / FCF = 0.36 (Net Debt 31.8m / FCF TTM 89.4m)
Total Stockholder Equity = 162.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.18% (Net Income -8.01m / Total Assets 338.7m)
RoE = -4.92% (Net Income TTM -8.01m / Total Stockholder Equity 162.8m)
RoCE = -0.82% (EBIT -1.37m / Capital Employed (Equity 162.8m + L.T.Debt 5.31m))
RoIC = -0.55% (negative operating profit) (NOPAT -1.03m / Invested Capital 187.7m)
WACC = 6.42% (E(245.2m)/V(294.3m) * Re(7.12%) + D(49.1m)/V(294.3m) * Rd(3.93%) * (1-Tc(0.25)))
Discount Rate = 7.12% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.33%
[DCF Debug] Terminal Value 86.58% ; FCFF base≈89.4m ; Y1≈110.3m ; Y5≈187.8m
Fair Price DCF = 211.9 (EV 4.64b - Net Debt 31.8m = Equity 4.61b / Shares 21.7m; r=6.42% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -52.90 | EPS CAGR: -12.87% | SUE: 0.0 | # QB: 0
Revenue Correlation: 88.71 | Revenue CAGR: 40.33% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=0.22 | Chg30d=+0.023 | Revisions Net=+0 | Growth EPS=+200.3% | Growth Revenue=+4.1%