Head-To-Head Analysis: Sunnova Energy International (NYSE:NOVA) & Alternus Clean Energy (NASDAQ:ALCE)

Alternus Clean Energy (NASDAQ:ALCE) and Sunnova Energy International (NYSE:NOVA) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, profitability, risk, analyst recommendations, valuation, earnings and institutional ownership.

Profitability

This table compares Alternus Clean Energy and Sunnova Energy International’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alternus Clean Energy	N/A	N/A	N/A
Sunnova Energy International	-45.76%	-9.28%	-1.69%

Volatility and Risk

Alternus Clean Energy has a beta of -0.6, indicating that its stock price is 160% less volatile than the S&P 500. Comparatively, Sunnova Energy International has a beta of 2.19, indicating that its stock price is 119% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings for Alternus Clean Energy and Sunnova Energy International, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alternus Clean Energy	0	0	0	0	N/A
Sunnova Energy International	0	8	16	1	2.72

Sunnova Energy International has a consensus price target of $15.14, suggesting a potential upside of 94.10%. Given Sunnova Energy International’s higher probable upside, analysts plainly believe Sunnova Energy International is more favorable than Alternus Clean Energy.

Earnings & Valuation

This table compares Alternus Clean Energy and Sunnova Energy International’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alternus Clean Energy	$18.42 million	1.01	-$69.46 million	N/A	N/A
Sunnova Energy International	$773.08 million	1.25	-$417.96 million	($3.37)	-2.31

Alternus Clean Energy has higher earnings, but lower revenue than Sunnova Energy International.

Summary

Sunnova Energy International beats Alternus Clean Energy on 6 of the 10 factors compared between the two stocks.

About Alternus Clean Energy

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.

About Sunnova Energy International

Sunnova Energy International Inc. engages in the provision of energy as a service in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services. As of December 31, 2023, it operated a fleet of residential solar energy systems with a generation capacity of approximately 2,292 megawatts serving over 419,000 customers. The company was incorporated in 2012 and is headquartered in Houston, Texas.