CLP (OTCMKTS:CLPHY – Get Free Report) and Altus Power (NYSE:AMPS – Get Free Report) are both utilities companies, but which is the better business? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.
Risk & Volatility
CLP has a beta of 0.53, meaning that its share price is 47% less volatile than the S&P 500. Comparatively, Altus Power has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500.
Insider & Institutional Ownership
46.6% of Altus Power shares are held by institutional investors. 24.3% of Altus Power shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
CLP | 0 | 0 | 0 | 0 | 0.00 |
Altus Power | 0 | 2 | 6 | 2 | 3.00 |
Altus Power has a consensus target price of $5.81, suggesting a potential upside of 41.77%. Given Altus Power’s stronger consensus rating and higher probable upside, analysts plainly believe Altus Power is more favorable than CLP.
Profitability
This table compares CLP and Altus Power’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
CLP | N/A | N/A | N/A |
Altus Power | 19.18% | 4.90% | 1.18% |
Earnings and Valuation
This table compares CLP and Altus Power”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
CLP | $11.13 billion | 1.90 | $850.02 million | N/A | N/A |
Altus Power | $155.16 million | 4.25 | -$9.35 million | $0.22 | 18.64 |
CLP has higher revenue and earnings than Altus Power.
Summary
Altus Power beats CLP on 11 of the 13 factors compared between the two stocks.
About CLP
CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas. CLP Holdings Limited was founded in 1901 and is based in Hung Hom, Hong Kong.
About Altus Power
Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc. was founded in 2013 and is headquartered in Stamford, Connecticut.
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