AltEnergy Acquisition Corp.

AltEnergy Acquisition Corp.verified

AEAE

Price:

$11.08

Market Cap:

$71.89M

AltEnergy Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more businesses. It intends to acquire and operate businesses in the renewable energy or related clean technology sectors. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-12-13

Stock Exchange

NASDAQ

Ticker

AEAE

The ROE as of November 2024 (TTM) for AltEnergy Acquisition Corp. (AEAE) is 143.09%

According to AltEnergy Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 143.09%. This represents a change of -4418.60% compared to the average of -3.31% of the last 4 quarters.

AltEnergy Acquisition Corp. (AEAE) Historical ROE (quarterly & annually)

How has AEAE ROE performed in the past?

The mean historical ROE of AltEnergy Acquisition Corp. over the last ten years is 20.74%. The current 143.09% ROE has changed 589.83% with respect to the historical average. Over the past ten years (40 quarters), AEAE's ROE was at its highest in in the March 2021 quarter at 361.83%. The ROE was at its lowest in in the March 2024 quarter at -35.23%.

Quarterly (TTM)
Annual

Average

20.74%

Median

5.64%

Minimum

5.44%

Maximum

51.15%

AltEnergy Acquisition Corp. (AEAE) ROE by Quarter and Year

Discovering the peaks and valleys of AltEnergy Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 806.61%

Maximum Annual ROE = 51.15%

Minimum Annual Increase = 0%

Minimum Annual ROE = 5.44%

Quarterly (TTM)
Annual
YearROEChange
202351.15%806.61%
20225.64%3.74%

AltEnergy Acquisition Corp. (AEAE) Average ROE

How has AEAE ROE performed in the past?

The current ROE of AltEnergy Acquisition Corp. (AEAE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

20.74%

5-year avg

20.74%

10-year avg

20.74%

AltEnergy Acquisition Corp. (AEAE) ROE vs. Peers

How is AEAE’s ROE compared to its peers?

AltEnergy Acquisition Corp.’s ROE is less than AltEnergy Acquisition Corp. (0%), less than Apollo Strategic Growth Capital II (143.09%), less than Altimar Acquisition Corp. III (3.88%), less than Manaris (2010) Corp. (0%), greater than AfterNext HealthTech Acquisition Corp. (-38.18%), less than Arogo Capital Acquisition Corp. (0%), greater than Ahren Acquisition Corp. (-3.45%), less than Alpha Star Acquisition Corporation (0%), less than Alpha One Inc. (10.68%), less than Berenson Acquisition Corp. I (4.75%), greater than ALSP Orchid Acquisition Corporation I (-1.08%), greater than null (-30633.47%), greater than null (0.21%),

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